UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    Form 13F

                               Form 13F COVER PAGE

Report for the Calendar Year or Quarter Ended: September 30, 2008

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:    Verizon Investment Management Corp.
Address: 1 Verizon Way, Building 7, 1st Floor South
         Basking Ridge, New Jersey 07920

Form 13F File Number: 028-04063

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:  David L. Beik
Title: Chief Operating Officer
Phone: 908 559-5890

Signature, Place, and Date of Signing:


/S/ David L. Beik       Basking Ridge, New Jersey   11/10/2008
---------------------        [City, State]            [Date]
   [Signature]

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:              1

Form 13F Information Table Entry Total:       870

Form 13F Information Table Value Total: 3,293,562
                                       (thousands)

List of Other Included Managers:

Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.

     Goldman Sachs Prime Brokerage



                       VERIZON INVESTMENT MANAGEMENT CORP.
                      FORM 13F-SOLE INSTR V. NONE AUTHORITY
                                    30-Sep-08



                                                                                    ITEM 6:
                                                                                INV. DISCRETION                    ITEM 8:
                                                                             --------------------             VOTING AUTHORITY
                                                         ITEM 4:    ITEM 5:          (B)           ITEM 7:         SHARES
                                             ITEM 3:  PENSION FAIR SHARES OR       SHARED    (C)  MANAGERS ---------------------
ITEM 1:                          ITEM 2:      CUSIP      MARKET    PRINCIPAL  (A)  AS DEF. SHARED   SEE     (A)   (B)     (C)
NAME OF ISSUER               TITLE OF CLASS   NUMBER   VALUE($000)   AMOUNT  SOLE INSTR. V  OTHER INSTR. V SOLE SHARED    NONE
---------------------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ ---------
                                                                                      
AMDOCS LTD                   ORD            G02602103         537     19,616                                              19,616
AXIS CAPITAL HOLDINGS        SHS            G0692U109         370     11,671                                              11,671
ACCENTURE LTD BERMUDA        CL A           G1150G111       4,444    116,946                                             116,946
BUNGE LIMITED                COM            G16962105         398      6,298                                               6,298
CENTRAL EUROPEAN MEDIA ENTRP CL A NEW       G20045202         389      5,946                                               5,946
COOPER INDS LTD              CL A           G24182100       2,652     66,394                                              66,394
COVIDIEN LTD                 COM            G2552X108       1,803     33,532                                              33,532
ENDURANCE SPECIALTY HLDGS LT SHS            G30397106         564     18,244                                              18,244
EVEREST RE GROUP LTD         COM            G3223R108         279      3,229                                               3,229
FOSTER WHEELER LTD           SHS NEW        G36535139       1,108     30,678                                              30,678
FRONTLINE LTD                SHS            G3682E127         386      8,034                                               8,034
GARMIN LTD                   ORD            G37260109         717     21,116                                              21,116
HERBALIFE LTD                COM USD SHS    G4412G101         424     10,736                                              10,736
INGERSOLL-RAND COMPANY LTD   CL A           G4776G101       1,845     59,181                                              59,181
INVESCO LTD                  SHS            G491BT108         537     25,574                                              25,574
LAZARD LTD                   SHS A          G54050102         394      9,221                                               9,221
MARVELL TECHNOLOGY GROUP LTD ORD            G5876H105       1,104    118,678                                             118,678
MF GLOBAL LTD                SHS            G60642108          44     10,168                                              10,168
NABORS INDUSTRIES LTD        SHS            G6359F103         706     28,335                                              28,335
NOBLE CORPORATION            SHS            G65422100       4,400    100,224                                             100,224
PARTNERRE LTD                COM            G6852T105       1,084     15,924                                              15,924
RENAISSANCERE HOLDINGS LTD   COM            G7496G103       1,198     23,040                                              23,040
SEAGATE TECHNOLOGY           SHS            G7945J104         626     51,645                                              51,645
UTI WORLDWIDE INC            ORD            G87210103         261     15,360                                              15,360
TRANSOCEAN INC NEW           SHS            G90073100      11,345    103,290                                             103,290
TYCO INTL LTD BERMUDA        SHS            G9143X208       3,439     98,203                                              98,203
TYCO ELECTRONICS LTD         COM NEW        G9144P105       2,066     74,683                                              74,683
WARNER CHILCOTT LIMITED      COM CL A       G9435N108         230     15,186                                              15,186
WEATHERFORD INTERNATIONAL LT COM            G95089101       4,253    169,156                                             169,156
WHITE MTNS INS GROUP LTD     COM            G9618E107         217        461                                                 461
XL CAP LTD                   CL A           G98255105         306     17,083                                              17,083
ACE LTD                      SHS            H0023R105       1,807     33,378                                              33,378
UBS AG                       SHS NEW        H89231338         571     32,544                                              32,544
AFLAC INC                    COM            001055102       7,937    135,091                                             135,091
AGCO CORP                    COM            001084102         745     17,475                                              17,475
AES CORP                     COM            00130H105       2,248    192,286                                             192,286
AK STL HLDG CORP             COM            001547108         580     22,390                                              22,390
AMB PROPERTY CORP            COM            00163T109         230      5,072                                               5,072
AMR CORP                     COM            001765106         313     31,872                                              31,872
AT&T INC                     COM            00206R102      39,585  1,417,811                                           1,417,811
ABBOTT LABS                  COM            002824100      32,080    557,135                                             557,135
ABERCROMBIE & FITCH CO       CL A           002896207         639     16,197                                              16,197
ACTIVISION BLIZZARD INC      COM            00507V109       1,854    120,126                                             120,126
ADOBE SYS INC                COM            00724F101      10,646    269,733                                             269,733
ADVANCE AUTO PARTS INC       COM            00751Y106         624     15,729                                              15,729
AECOM TECHNOLOGY CORP DELAWA COM            00766T100         378     15,472                                              15,472
ADVANCED MICRO DEVICES INC   COM            007903107         669    127,492                                             127,492
AETNA INC NEW                COM            00817Y108       6,796    188,201                                             188,201
AFFILIATED COMPUTER SERVICES CL A           008190100         710     14,033                                              14,033
AFFILIATED MANAGERS GROUP    COM            008252108         558      6,734                                               6,734
AGILENT TECHNOLOGIES INC     COM            00846U101       1,783     60,100                                              60,100
AGILYSYS INC                 COM            00847J105         313     30,995                                              30,995
AIR PRODS & CHEMS INC        COM            009158106       5,306     77,478                                              77,478
AIRGAS INC                   COM            009363102         677     13,634                                              13,634
AKAMAI TECHNOLOGIES INC      COM            00971T101         567     32,537                                              32,537
ALBEMARLE CORP               COM            012653101       1,182     38,316                                              38,316
ALBERTO CULVER CO NEW        COM            013078100       1,234     45,295                                              45,295
ALCOA INC                    COM            013817101       6,221    275,496                                             275,496
ALLEGHANY CORP DEL           COM            017175100         601      1,646                                               1,646
ALLEGHENY ENERGY INC         COM            017361106       2,678     72,841                                              72,841
ALLEGHENY TECHNOLOGIES INC   COM            01741R102       1,006     34,038                                              34,038
ALLERGAN INC                 COM            018490102       4,885     94,848                                              94,848
ALLIANCE DATA SYSTEMS CORP   COM            018581108         796     12,563                                              12,563
ALLIANT TECHSYSTEMS INC      COM            018804104         311      3,311                                               3,311
ALLIED WASTE INDS INC        COM PAR$.01NEW 019589308         219     19,703                                              19,703
ALLSTATE CORP                COM            020002101       5,686    123,280                                             123,280
ALPHA NATURAL RESOURCES INC  COM            02076X102         652     12,673                                              12,673
ALTERA CORP                  COM            021441100       2,111    102,094                                             102,094
ALTRIA GROUP INC             COM            02209S103      12,379    623,939                                             623,939
AMAZON COM INC               COM            023135106       9,267    127,359                                             127,359
AMBAC FINL GROUP INC         COM            023139108          94     40,293                                              40,293
AMEREN CORP                  COM            023608102         423     10,840                                              10,840
AMERICA MOVIL SAB DE CV      SPON ADR L SHS 02364W105         346      7,473                                               7,473
AMERICAN CAP LTD             COM            02503Y103         268     10,507                                              10,507
AMERICAN EAGLE OUTFITTERS NE COM            02553E106         472     30,924                                              30,924
AMERICAN ELEC PWR INC        COM            025537101       4,675    126,240                                             126,240
AMERICAN EXPRESS CO          COM            025816109      12,672    357,675                                             357,675
AMERICAN INTL GROUP INC      COM            026874107       1,924    577,763                                             577,763
AMERICAN TOWER CORP          CL A           029912201       4,299    119,519                                             119,519
AMERISOURCEBERGEN CORP       COM            03073E105       3,579     95,048                                              95,048
AMERIPRISE FINL INC          COM            03076C106         439     11,491                                              11,491
AMETEK INC NEW               COM            031100100       2,996     73,485                                              73,485
AMGEN INC                    COM            031162100      17,646    297,717                                             297,717
AMPHENOL CORP NEW            CL A           032095101       1,159     28,870                                              28,870
AMYLIN PHARMACEUTICALS INC   COM            032346108         456     22,568                                              22,568
ANADARKO PETE CORP           COM            032511107       8,075    166,468                                             166,468




                       VERIZON INVESTMENT MANAGEMENT CORP.
                      FORM 13F-SOLE INSTR V. NONE AUTHORITY
                                    30-Sep-08



                                                                                    ITEM 6:
                                                                                INV. DISCRETION                    ITEM 8:
                                                                             --------------------             VOTING AUTHORITY
                                                         ITEM 4:    ITEM 5:          (B)           ITEM 7:         SHARES
                                             ITEM 3:  PENSION FAIR SHARES OR       SHARED    (C)  MANAGERS ---------------------
ITEM 1:                          ITEM 2:      CUSIP      MARKET    PRINCIPAL  (A)  AS DEF. SHARED   SEE     (A)   (B)     (C)
NAME OF ISSUER               TITLE OF CLASS   NUMBER   VALUE($000)   AMOUNT  SOLE INSTR. V  OTHER INSTR. V SOLE SHARED    NONE
---------------------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ ---------
                                                                                      
ANALOG DEVICES INC           COM            032654105       2,194     83,254                                              83,254
ANHEUSER BUSCH COS INC       COM            035229103      13,935    214,779                                             214,779
ANNALY CAP MGMT INC          COM            035710409         374     27,805                                              27,805
ANNTAYLOR STORES CORP        COM            036115103         440     21,330                                              21,330
ANSYS INC                    COM            03662Q105         499     13,165                                              13,165
AON CORP                     COM            037389103       1,196     26,591                                              26,591
APACHE CORP                  COM            037411105      10,456    100,272                                             100,272
APARTMENT INVT & MGMT CO     CL A           03748R101         887     25,317                                              25,317
APOLLO GROUP INC             CL A           037604105       1,302     21,956                                              21,956
APPLE INC                    COM            037833100      34,561    304,074                                             304,074
APPLIED BIOSYSTEMS INC DEL   COM            038149100       3,074     89,749                                              89,749
APPLIED MATLS INC            COM            038222105       5,995    396,204                                             396,204
APTARGROUP INC               COM            038336103       1,032     26,382                                              26,382
ARCH COAL INC                COM            039380100         790     24,028                                              24,028
ARCHER DANIELS MIDLAND CO    COM            039483102       4,494    205,103                                             205,103
ARROW ELECTRS INC            COM            042735100       1,458     55,612                                              55,612
ASSURANT INC                 COM            04621X108       6,346    115,389                                             115,389
ATMEL CORP                   COM            049513104         345    101,678                                             101,678
ATWOOD OCEANICS INC          COM            050095108         421     11,568                                              11,568
AUTODESK INC                 COM            052769106       2,300     68,556                                              68,556
AUTOLIV INC                  COM            052800109         252      7,462                                               7,462
AUTOMATIC DATA PROCESSING IN COM            053015103       6,473    151,415                                             151,415
AUTOZONE INC                 COM            053332102       2,495     20,229                                              20,229
AVALONBAY CMNTYS INC         COM            053484101       8,409     85,439                                              85,439
AVERY DENNISON CORP          COM            053611109         934     21,008                                              21,008
AVNET INC                    COM            053807103       1,931     78,407                                              78,407
AVON PRODS INC               COM            054303102       2,920     70,254                                              70,254
BB&T CORP                    COM            054937107       1,069     28,282                                              28,282
BJS WHOLESALE CLUB INC       COM            05548J106         251      6,448                                               6,448
BJ SVCS CO                   COM            055482103         291     15,191                                              15,191
BOK FINL CORP                COM NEW        05561Q201         761     15,729                                              15,729
BP PLC                       SPONSORED ADR  055622104         601     11,987                                              11,987
BMC SOFTWARE INC             COM            055921100       2,345     81,916                                              81,916
BAKER HUGHES INC             COM            057224107       5,455     90,104                                              90,104
BALL CORP                    COM            058498106       1,101     27,870                                              27,870
BANK OF AMERICA CORPORATION  COM            060505104      40,909  1,168,826                                           1,168,826
BANK OF NEW YORK MELLON CORP COM            064058100       9,397    288,424                                             288,424
BARD C R INC                 COM            067383109       2,328     24,536                                              24,536
BARR PHARMACEUTICALS INC     COM            068306109         601      9,202                                               9,202
BAXTER INTL INC              COM            071813109      13,995    213,239                                             213,239
BE AEROSPACE INC             COM            073302101         235     14,840                                              14,840
BECKMAN COULTER INC          COM            075811109         638      8,984                                               8,984
BECTON DICKINSON & CO        COM            075887109       8,612    107,302                                             107,302
BED BATH & BEYOND INC        COM            075896100       2,143     68,222                                              68,222
BERKLEY W R CORP             COM            084423102         930     39,512                                              39,512
BEST BUY INC                 COM            086516101       5,366    143,102                                             143,102
BIG LOTS INC                 COM            089302103         373     13,420                                              13,420
BIOMARIN PHARMACEUTICAL INC  COM            09061G101         430     16,221                                              16,221
BIOGEN IDEC INC              COM            09062X103       4,579     91,055                                              91,055
BLACK & DECKER CORP          COM            091797100       1,149     18,917                                              18,917
BLACKROCK INC                COM            09247X101       2,330     11,982                                              11,982
BLOCK H & R INC              COM            093671105       1,218     53,556                                              53,556
BOEING CO                    COM            097023105      13,507    235,514                                             235,514
BORGWARNER INC               COM            099724106         871     26,590                                              26,590
BOSTON PROPERTIES INC        COM            101121101       3,825     40,842                                              40,842
BOSTON SCIENTIFIC CORP       COM            101137107       1,084     88,385                                              88,385
BRINKER INTL INC             COM            109641100         576     32,171                                              32,171
BRINKS CO                    COM            109696104       1,190     19,504                                              19,504
BRISTOL MYERS SQUIBB CO      COM            110122108      10,921    523,774                                             523,774
BROADCOM CORP                CL A           111320107       3,562    191,193                                             191,193
BROADRIDGE FINL SOLUTIONS IN COM            11133T103         653     42,432                                              42,432
BROCADE COMMUNICATIONS SYS I COM NEW        111621306         148     25,455                                              25,455
BROOKFIELD ASSET MGMT INC    CL A LTD VT SH 112585104       1,349     49,166                                              49,166
BROWN FORMAN CORP            CL B           115637209         808     11,252                                              11,252
BUCYRUS INTL INC NEW         COM            118759109         579     12,957                                              12,957
BURGER KING HLDGS INC        COM            121208201         325     13,213                                              13,213
BURLINGTON NORTHN SANTA FE C COM            12189T104      10,530    113,928                                             113,928
CBS CORP NEW                 CL B           124857202       2,816    193,176                                             193,176
CB RICHARD ELLIS GROUP INC   CL A           12497T101         245     18,305                                              18,305
CF INDS HLDGS INC            COM            125269100         865      9,458                                               9,458
C H ROBINSON WORLDWIDE INC   COM NEW        12541W209       5,231    102,649                                             102,649
CIGNA CORP                   COM            125509109       2,513     73,967                                              73,967
CIT GROUP INC                COM            125581108         237     33,995                                              33,995
CME GROUP INC                COM            12572Q105       7,515     20,227                                              20,227
CMS ENERGY CORP              COM            125896100         918     73,596                                              73,596
CSX CORP                     COM            126408103       8,541    156,524                                             156,524
CTS CORP                     COM            126501105         198     15,498                                              15,498
CVS CAREMARK CORPORATION     COM            126650100      17,369    516,024                                             516,024
CA INC                       COM            12673P105         810     40,575                                              40,575
CABLEVISION SYS CORP         CL A NY CABLVS 12686C109       1,756     69,793                                              69,793
CABOT OIL & GAS CORP         COM            127097103         372     10,304                                              10,304
CADENCE DESIGN SYSTEM INC    COM            127387108         614     90,846                                              90,846
CALPINE CORP                 COM NEW        131347304         951     73,158                                              73,158
CAMDEN PPTY TR               SH BEN INT     133131102         300      6,548                                               6,548
CAMERON INTERNATIONAL CORP   COM            13342B105       4,009    104,017                                             104,017
CAMPBELL SOUP CO             COM            134429109       1,056     27,370                                              27,370




                       VERIZON INVESTMENT MANAGEMENT CORP.
                      FORM 13F-SOLE INSTR V. NONE AUTHORITY
                                    30-Sep-08



                                                                                    ITEM 6:
                                                                                INV. DISCRETION                    ITEM 8:
                                                                             --------------------             VOTING AUTHORITY
                                                         ITEM 4:    ITEM 5:          (B)           ITEM 7:         SHARES
                                             ITEM 3:  PENSION FAIR SHARES OR       SHARED    (C)  MANAGERS ---------------------
ITEM 1:                          ITEM 2:      CUSIP      MARKET    PRINCIPAL  (A)  AS DEF. SHARED   SEE     (A)   (B)     (C)
NAME OF ISSUER               TITLE OF CLASS   NUMBER   VALUE($000)   AMOUNT  SOLE INSTR. V  OTHER INSTR. V SOLE SHARED    NONE
---------------------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ ---------
                                                                                      
CAPITAL ONE FINL CORP        COM            14040H105       3,843     75,358                                              75,358
CAPITALSOURCE INC            COM            14055X102         124     10,071                                              10,071
CARDINAL HEALTH INC          COM            14149Y108       2,395     48,600                                              48,600
CARLISLE COS INC             COM            142339100         210      7,011                                               7,011
CARMAX INC                   COM            143130102         505     36,076                                              36,076
CARNIVAL CORP                PAIRED CTF     143658300       1,153     32,626                                              32,626
CATERPILLAR INC DEL          COM            149123101      12,212    204,893                                             204,893
CELANESE CORP DEL            COM SER A      150870103       1,930     69,138                                              69,138
CELGENE CORP                 COM            151020104       8,736    138,059                                             138,059
CENTERPOINT ENERGY INC       COM            15189T107       1,153     79,165                                              79,165
CENTEX CORP                  COM            152312104         215     13,265                                              13,265
CENTRAL EUROPEAN DIST CORP   COM            153435102         288      6,342                                               6,342
CENTURYTEL INC               COM            156700106       2,848     77,697                                              77,697
CEPHALON INC                 COM            156708109         864     11,150                                              11,150
CERNER CORP                  COM            156782104         497     11,131                                              11,131
CHARLES RIV LABS INTL INC    COM            159864107         390      7,016                                               7,016
CHEMTURA CORP                COM            163893100          67     14,779                                              14,779
CHESAPEAKE ENERGY CORP       COM            165167107       1,994     55,611                                              55,611
CHEVRON CORP NEW             COM            166764100      47,797    579,504                                             579,504
CHIPOTLE MEXICAN GRILL INC   CL A           169656105         301      5,431                                               5,431
CHUBB CORP                   COM            171232101       8,256    150,386                                             150,386
CHURCH & DWIGHT INC          COM            171340102       1,568     25,255                                              25,255
CIENA CORP                   COM NEW        171779309         144     14,325                                              14,325
CIMAREX ENERGY CO            COM            171798101         210      4,286                                               4,286
CINCINNATI FINL CORP         COM            172062101         215      7,545                                               7,545
CIRCUIT CITY STORE INC       COM            172737108          15     19,739                                              19,739
CISCO SYS INC                COM            17275R102      48,520  2,150,721                                           2,150,721
CITADEL BROADCASTING CORP    COM            17285T106          14     18,136                                              18,136
CITIGROUP INC                COM            172967101      28,101  1,370,121                                           1,370,121
CITRIX SYS INC               COM            177376100         763     30,216                                              30,216
CLARCOR INC                  COM            179895107         970     25,571                                              25,571
CLEARWIRE CORP               CL A           185385309         122     10,251                                              10,251
CLEVELAND CLIFFS INC         COM            185896107         884     16,694                                              16,694
CLOROX CO DEL                COM            189054109         748     11,930                                              11,930
COACH INC                    COM            189754104       4,355    173,925                                             173,925
COCA COLA CO                 COM            191216100      37,243    704,287                                             704,287
COCA COLA ENTERPRISES INC    COM            191219104         277     16,492                                              16,492
COGNIZANT TECHNOLOGY SOLUTIO CL A           192446102       2,496    109,331                                             109,331
COLGATE PALMOLIVE CO         COM            194162103      13,107    173,945                                             173,945
COMCAST CORP NEW             CL A           20030N101      12,665    645,193                                             645,193
COMERICA INC                 COM            200340107         255      7,783                                               7,783
COMMERCIAL METALS CO         COM            201723103         741     43,854                                              43,854
COMMSCOPE INC                COM            203372107         398     11,496                                              11,496
COMMUNITY HEALTH SYS INC NEW COM            203668108         217      7,419                                               7,419
COMPUTER SCIENCES CORP       COM            205363104       2,016     50,171                                              50,171
COMPUWARE CORP               COM            205638109         299     30,891                                              30,891
CONAGRA FOODS INC            COM            205887102         464     23,831                                              23,831
CONOCOPHILLIPS               COM            20825C104      35,319    482,172                                             482,172
CONSOL ENERGY INC            COM            20854P109       2,575     56,119                                              56,119
CONSOLIDATED EDISON INC      COM            209115104         954     22,205                                              22,205
CONSTELLATION BRANDS INC     CL A           21036P108         659     30,701                                              30,701
CONSTELLATION ENERGY GROUP I COM            210371100       1,821     74,927                                              74,927
CONTINENTAL RESOURCES INC    COM            212015101         256      6,526                                               6,526
CONVERGYS CORP               COM            212485106         841     56,872                                              56,872
COPART INC                   COM            217204106         419     11,027                                              11,027
CORN PRODS INTL INC          COM            219023108       2,010     62,255                                              62,255
CORNING INC                  COM            219350105       8,614    550,787                                             550,787
CORPORATE EXECUTIVE BRD CO   COM            21988R102         305      9,754                                               9,754
CORRECTIONS CORP AMER NEW    COM NEW        22025Y407         471     18,973                                              18,973
COSTCO WHSL CORP NEW         COM            22160K105      12,205    187,968                                             187,968
COVANCE INC                  COM            222816100       4,764     53,880                                              53,880
COVANTA HLDG CORP            COM            22282E102         517     21,601                                              21,601
COVENTRY HEALTH CARE INC     COM            222862104         572     17,583                                              17,583
CRANE CO                     COM            224399105       1,050     35,347                                              35,347
CREE INC                     COM            225447101         201      8,825                                               8,825
CROWN CASTLE INTL CORP       COM            228227104       4,304    148,582                                             148,582
CROWN HOLDINGS INC           COM            228368106         587     26,430                                              26,430
CUMMINS INC                  COM            231021106       3,101     70,934                                              70,934
CURTISS WRIGHT CORP          COM            231561101       1,455     32,003                                              32,003
CYPRESS SEMICONDUCTOR CORP   COM            232806109         129     24,781                                              24,781
DPL INC                      COM            233293109         650     26,225                                              26,225
D R HORTON INC               COM            23331A109         693     53,239                                              53,239
DST SYS INC DEL              COM            233326107         936     16,712                                              16,712
DTE ENERGY CO                COM            233331107         829     20,671                                              20,671
DANAHER CORP DEL             COM            235851102       5,523     79,584                                              79,584
DARDEN RESTAURANTS INC       COM            237194105       2,508     87,600                                              87,600
DAVITA INC                   COM            23918K108       1,018     17,855                                              17,855
DEAN FOODS CO NEW            COM            242370104         443     18,953                                              18,953
DEERE & CO                   COM            244199105       7,409    149,671                                             149,671
DEL MONTE FOODS CO           COM            24522P103          80     10,246                                              10,246
DELL INC                     COM            24702R101      11,144    676,212                                             676,212
DELTA AIR LINES INC DEL      COM NEW        247361702         252     33,813                                              33,813
DENBURY RES INC              COM NEW        247916208         771     40,506                                              40,506
DENTSPLY INTL INC NEW        COM            249030107         920     24,510                                              24,510
DEVELOPERS DIVERSIFIED RLTY  COM            251591103         741     23,397                                              23,397
DEVON ENERGY CORP NEW        COM            25179M103      16,495    180,862                                             180,862




                       VERIZON INVESTMENT MANAGEMENT CORP.
                      FORM 13F-SOLE INSTR V. NONE AUTHORITY
                                    30-Sep-08



                                                                                    ITEM 6:
                                                                                INV. DISCRETION                    ITEM 8:
                                                                             --------------------             VOTING AUTHORITY
                                                         ITEM 4:    ITEM 5:          (B)           ITEM 7:         SHARES
                                             ITEM 3:  PENSION FAIR SHARES OR       SHARED    (C)  MANAGERS ---------------------
ITEM 1:                          ITEM 2:      CUSIP      MARKET    PRINCIPAL  (A)  AS DEF. SHARED   SEE     (A)   (B)     (C)
NAME OF ISSUER               TITLE OF CLASS   NUMBER   VALUE($000)   AMOUNT  SOLE INSTR. V  OTHER INSTR. V SOLE SHARED    NONE
---------------------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ ---------
                                                                                      
DEVRY INC DEL                COM            251893103       1,084     21,877                                              21,877
DIAGEO P L C                 SPON ADR NEW   25243Q205         387      5,621                                               5,621
DIAMOND OFFSHORE DRILLING IN COM            25271C102       2,242     21,754                                              21,754
DICKS SPORTING GOODS INC     COM            253393102         369     18,843                                              18,843
DIEBOLD INC                  COM            253651103         440     13,279                                              13,279
DIGITAL RLTY TR INC          COM            253868103         419      8,862                                               8,862
DIRECTV GROUP INC            COM            25459L106       4,904    187,304                                             187,304
DISNEY WALT CO               COM DISNEY     254687106      19,109    622,647                                             622,647
DISH NETWORK CORP            CL A           25470M109         705     33,576                                              33,576
DISCOVER FINL SVCS           COM            254709108         878     63,541                                              63,541
DOLBY LABORATORIES INC       COM            25659T107         292      8,297                                               8,297
DOLLAR TREE INC              COM            256746108         540     14,857                                              14,857
DOMINION RES INC VA NEW      COM            25746U109       9,238    215,933                                             215,933
DOMTAR CORP                  COM            257559104         117     25,461                                              25,461
DONALDSON INC                COM            257651109       2,789     66,546                                              66,546
DONNELLEY R R & SONS CO      COM            257867101         865     35,273                                              35,273
DOVER CORP                   COM            260003108       1,225     30,216                                              30,216
DOW CHEM CO                  COM            260543103       8,052    253,368                                             253,368
DR PEPPER SNAPPLE GROUP INC  COM            26138E109         347     13,120                                              13,120
DREAMWORKS ANIMATION SKG INC CL A           26153C103         414     13,161                                              13,161
DRESSER-RAND GROUP INC       COM            261608103         457     14,526                                              14,526
DU PONT E I DE NEMOURS & CO  COM            263534109       9,743    241,773                                             241,773
DUKE ENERGY CORP NEW         COM            26441C105       7,176    411,708                                             411,708
DUN & BRADSTREET CORP DEL NE COM            26483E100       5,006     53,055                                              53,055
DYNEGY INC DEL               CL A           26817G102         120     33,605                                              33,605
E M C CORP MASS              COM            268648102       4,238    354,373                                             354,373
ENSCO INTL INC               COM            26874Q100       4,212     73,095                                              73,095
EOG RES INC                  COM            26875P101       5,655     63,214                                              63,214
E TRADE FINANCIAL CORP       COM            269246104          84     30,150                                              30,150
EASTMAN CHEM CO              COM            277432100         558     10,138                                              10,138
EASTMAN KODAK CO             COM            277461109         229     14,907                                              14,907
EATON CORP                   COM            278058102       2,722     48,458                                              48,458
EATON VANCE CORP             COM NON VTG    278265103         594     16,866                                              16,866
EBAY INC                     COM            278642103       9,795    437,677                                             437,677
ECOLAB INC                   COM            278865100       2,722     56,103                                              56,103
EDISON INTL                  COM            281020107       1,313     32,912                                              32,912
EDWARDS LIFESCIENCES CORP    COM            28176E108         521      9,028                                               9,028
EL PASO CORP                 COM            28336L109         747     58,581                                              58,581
ELECTRONIC ARTS INC          COM            285512109       2,512     67,920                                              67,920
EMBARQ CORP                  COM            29078E105         981     24,197                                              24,197
EMERSON ELEC CO              COM            291011104      12,245    300,204                                             300,204
ENDO PHARMACEUTICALS HLDGS I COM            29264F205       1,575     78,725                                              78,725
ENERGEN CORP                 COM            29265N108       1,025     22,645                                              22,645
ENERGY CONVERSION DEVICES IN COM            292659109         677     11,623                                              11,623
ENERGIZER HLDGS INC          COM            29266R108       2,495     30,970                                              30,970
ENTERGY CORP NEW             COM            29364G103       9,972    112,031                                             112,031
EQUIFAX INC                  COM            294429105       1,979     57,442                                              57,442
EQUINIX INC                  COM NEW        29444U502         374      5,384                                               5,384
EQUITABLE RES INC            COM            294549100         790     21,541                                              21,541
EQUITY RESIDENTIAL           SH BEN INT     29476L107         621     13,993                                              13,993
ESSEX PPTY TR INC            COM            297178105         230      1,940                                               1,940
EXELON CORP                  COM            30161N101      11,056    176,565                                             176,565
EXPEDIA INC DEL              COM            30212P105         933     61,738                                              61,738
EXPEDITORS INTL WASH INC     COM            302130109       3,472     99,655                                              99,655
EXPRESS SCRIPTS INC          COM            302182100       7,891    106,896                                             106,896
EXXON MOBIL CORP             COM            30231G102     111,575  1,436,709                                           1,436,709
FLIR SYS INC                 COM            302445101         869     22,607                                              22,607
FMC TECHNOLOGIES INC         COM            30249U101       3,015     64,765                                              64,765
F M C CORP                   COM NEW        302491303         367      7,139                                               7,139
FPL GROUP INC                COM            302571104       1,646     32,726                                              32,726
FTI CONSULTING INC           COM            302941109         596      8,247                                               8,247
FACTSET RESH SYS INC         COM            303075105         367      7,027                                               7,027
FAMILY DLR STORES INC        COM            307000109         788     33,258                                              33,258
FASTENAL CO                  COM            311900104       1,360     27,538                                              27,538
FEDERAL HOME LN MTG CORP     COM            313400301         525    307,270                                             307,270
FEDERAL NATL MTG ASSN        COM            313586109         475    310,633                                             310,633
FEDERAL REALTY INVT TR       SH BEN INT NEW 313747206         427      4,994                                               4,994
FEDERATED INVS INC PA        CL B           314211103         414     14,353                                              14,353
FEDEX CORP                   COM            31428X106       7,949    100,564                                             100,564
F5 NETWORKS INC              COM            315616102         315     13,483                                              13,483
FIDELITY NATL INFORMATION SV COM            31620M106         279     15,099                                              15,099
FIDELITY NATIONAL FINANCIAL  CL A           31620R105         504     34,287                                              34,287
FIFTH THIRD BANCORP          COM            316773100         863     72,497                                              72,497
FIRST HORIZON NATL CORP      COM            320517105          98     10,432                                              10,432
FIRST SOLAR INC              COM            336433107       1,787      9,459                                               9,459
FISERV INC                   COM            337738108       2,115     44,691                                              44,691
FIRSTENERGY CORP             COM            337932107       7,087    105,787                                             105,787
FLUOR CORP NEW               COM            343412102       2,700     48,474                                              48,474
FLOWSERVE CORP               COM            34354P105       1,519     17,111                                              17,111
FOOT LOCKER INC              COM            344849104         191     11,827                                              11,827
FORD MTR CO DEL              COM PAR $0.01  345370860       1,896    364,524                                             364,524
FOREST CITY ENTERPRISES INC  CL A           345550107         375     12,227                                              12,227
FOREST LABS INC              COM            345838106       2,537     89,714                                              89,714
FOREST OIL CORP              COM PAR $0.01  346091705         228      4,588                                               4,588
FORTUNE BRANDS INC           COM            349631101         723     12,603                                              12,603
FOUNDATION COAL HLDGS INC    COM            35039W100         589     16,566                                              16,566




                       VERIZON INVESTMENT MANAGEMENT CORP.
                      FORM 13F-SOLE INSTR V. NONE AUTHORITY
                                    30-Sep-08



                                                                                    ITEM 6:
                                                                                INV. DISCRETION                    ITEM 8:
                                                                             --------------------             VOTING AUTHORITY
                                                         ITEM 4:    ITEM 5:          (B)           ITEM 7:         SHARES
                                             ITEM 3:  PENSION FAIR SHARES OR       SHARED    (C)  MANAGERS ---------------------
ITEM 1:                          ITEM 2:      CUSIP      MARKET    PRINCIPAL  (A)  AS DEF. SHARED   SEE     (A)   (B)     (C)
NAME OF ISSUER               TITLE OF CLASS   NUMBER   VALUE($000)   AMOUNT  SOLE INSTR. V  OTHER INSTR. V SOLE SHARED    NONE
---------------------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ ---------
                                                                                      
FRANKLIN RES INC             COM            354613101       8,087     91,758                                              91,758
FREEPORT-MCMORAN COPPER & GO COM            35671D857       6,869    120,835                                             120,835
FRONTIER COMMUNICATIONS CORP COM            35906A108         286     24,892                                              24,892
FRONTIER OIL CORP            COM            35914P105       1,037     56,291                                              56,291
GATX CORP                    COM            361448103       1,069     27,023                                              27,023
GAMESTOP CORP NEW            CL A           36467W109       1,399     40,894                                              40,894
GANNETT INC                  COM            364730101         840     49,647                                              49,647
GAP INC DEL                  COM            364760108       2,567    144,370                                             144,370
GARDNER DENVER INC           COM            365558105         498     14,338                                              14,338
GEN-PROBE INC NEW            COM            36866T103         472      8,893                                               8,893
GENENTECH INC                COM NEW        368710406      15,587    175,766                                             175,766
GENERAL CABLE CORP DEL NEW   COM            369300108         309      8,677                                               8,677
GENERAL DYNAMICS CORP        COM            369550108      10,638    144,505                                             144,505
GENERAL ELECTRIC CO          COM            369604103      57,806  2,266,889                                           2,266,889
GENERAL GROWTH PPTYS INC     COM            370021107         381     25,232                                              25,232
GENERAL MLS INC              COM            370334104      11,734    170,753                                             170,753
GENERAL MTRS CORP            COM            370442105         824     87,239                                              87,239
GENTEX CORP                  COM            371901109         336     23,525                                              23,525
GENUINE PARTS CO             COM            372460105       1,058     26,303                                              26,303
GENWORTH FINL INC            COM CL A       37247D106         993    115,293                                             115,293
GENZYME CORP                 COM            372917104       3,837     47,431                                              47,431
GILEAD SCIENCES INC          COM            375558103      17,303    379,195                                             379,195
GLOBAL INDS LTD              COM            379336100          99     14,285                                              14,285
GLOBAL PMTS INC              COM            37940X102       7,544    168,171                                             168,171
GOLDMAN SACHS GROUP INC      COM            38141G104      16,867    131,770                                             131,770
GOODRICH CORP                COM            382388106       1,501     36,088                                              36,088
GOODYEAR TIRE & RUBR CO      COM            382550101       1,182     77,174                                              77,174
GOOGLE INC                   CL A           38259P508      32,544     81,254                                              81,254
GRACO INC                    COM            384109104         631     17,722                                              17,722
GRAINGER W W INC             COM            384802104       2,483     28,545                                              28,545
GREIF INC                    CL A           397624107         360      5,488                                               5,488
GRUPO TELEVISA SA DE CV      SP ADR REP ORD 40049J206       1,017     46,493                                              46,493
GUESS INC                    COM            401617105         346      9,933                                               9,933
HCP INC                      COM            40414L109         641     15,962                                              15,962
HLTH CORPORATION             COM            40422Y101         177     15,456                                              15,456
HRPT PPTYS TR                COM SH BEN INT 40426W101          81     11,720                                              11,720
HSN INC                      COM            404303109         192     17,482                                              17,482
HALLIBURTON CO               COM            406216101       8,973    277,044                                             277,044
HANESBRANDS INC              COM            410345102         337     15,490                                              15,490
HANOVER INS GROUP INC        COM            410867105         468     10,280                                              10,280
HANSEN NAT CORP              COM            411310105         361     11,920                                              11,920
HARLEY DAVIDSON INC          COM            412822108       5,003    134,123                                             134,123
HARMAN INTL INDS INC         COM            413086109         269      7,909                                               7,909
HARRIS CORP DEL              COM            413875105       1,182     25,595                                              25,595
HARSCO CORP                  COM            415864107         516     13,879                                              13,879
HARTFORD FINL SVCS GROUP INC COM            416515104       3,923     95,702                                              95,702
HASBRO INC                   COM            418056107       2,299     66,226                                              66,226
HEALTH MGMT ASSOC INC NEW    CL A           421933102         128     30,746                                              30,746
HEALTH CARE REIT INC         COM            42217K106         319      5,994                                               5,994
HEINZ H J CO                 COM            423074103       7,543    150,955                                             150,955
HELMERICH & PAYNE INC        COM            423452101         327      7,564                                               7,564
HERCULES INC                 COM            427056106         219     11,080                                              11,080
HERSHEY CO                   COM            427866108         752     19,026                                              19,026
HERTZ GLOBAL HOLDINGS INC    COM            42805T105         142     18,742                                              18,742
HESS CORP                    COM            42809H107       4,342     52,899                                              52,899
HEWITT ASSOCS INC            COM            42822Q100         584     16,035                                              16,035
HEWLETT PACKARD CO           COM            428236103      42,481    918,710                                             918,710
HILLENBRAND INC              COM            431571108         207     10,282                                              10,282
HOLLY CORP                   COM PAR $0.01  435758305         203      7,028                                               7,028
HOLOGIC INC                  COM            436440101         535     27,677                                              27,677
HOME DEPOT INC               COM            437076102       9,860    380,832                                             380,832
HONEYWELL INTL INC           COM            438516106      10,347    249,025                                             249,025
HOSPIRA INC                  COM            441060100         413     10,816                                              10,816
HOST HOTELS & RESORTS INC    COM            44107P104         668     50,270                                              50,270
HUDSON CITY BANCORP          COM            443683107         870     47,181                                              47,181
HUMANA INC                   COM            444859102       1,588     38,556                                              38,556
HUNT J B TRANS SVCS INC      COM            445658107         448     13,424                                              13,424
HUNTINGTON BANCSHARES INC    COM            446150104         152     18,974                                              18,974
HUNTSMAN CORP                COM            447011107         131     10,385                                              10,385
IAC INTERACTIVECORP          COM PAR $.001  44919P508         756     43,689                                              43,689
IMS HEALTH INC               COM            449934108         262     13,843                                              13,843
ITT EDUCATIONAL SERVICES INC COM            45068B109         517      6,392                                               6,392
ITT CORP NEW                 COM            450911102       3,299     59,321                                              59,321
IDEX CORP                    COM            45167R104         547     17,645                                              17,645
IDEXX LABS INC               COM            45168D104       1,703     31,081                                              31,081
IHS INC                      CL A           451734107         339      7,121                                               7,121
ILLINOIS TOOL WKS INC        COM            452308109       4,606    103,634                                             103,634
ILLUMINA INC                 COM            452327109         772     19,048                                              19,048
IMCLONE SYS INC              COM            45245W109         445      7,138                                               7,138
INGRAM MICRO INC             CL A           457153104         549     34,140                                              34,140
INTEGRATED DEVICE TECHNOLOGY COM            458118106         378     48,572                                              48,572
INTEL CORP                   COM            458140100      36,470  1,947,157                                           1,947,157
INTERCONTINENTALEXCHANGE INC COM            45865V100       1,148     14,231                                              14,231
INTERNATIONAL BUSINESS MACHS COM            459200101      55,576    475,168                                             475,168
INTERNATIONAL FLAVORS&FRAGRA COM            459506101         643     16,296                                              16,296
INTERNATIONAL GAME TECHNOLOG COM            459902102       1,348     78,488                                              78,488




                       VERIZON INVESTMENT MANAGEMENT CORP.
                      FORM 13F-SOLE INSTR V. NONE AUTHORITY
                                    30-Sep-08



                                                                                    ITEM 6:
                                                                                INV. DISCRETION                    ITEM 8:
                                                                             --------------------             VOTING AUTHORITY
                                                         ITEM 4:    ITEM 5:          (B)           ITEM 7:         SHARES
                                             ITEM 3:  PENSION FAIR SHARES OR       SHARED    (C)  MANAGERS ---------------------
ITEM 1:                          ITEM 2:      CUSIP      MARKET    PRINCIPAL  (A)  AS DEF. SHARED   SEE     (A)   (B)     (C)
NAME OF ISSUER               TITLE OF CLASS   NUMBER   VALUE($000)   AMOUNT  SOLE INSTR. V  OTHER INSTR. V SOLE SHARED    NONE
---------------------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ ---------
                                                                                        
INTL PAPER CO                COM            460146103       2,991    114,265                                             114,265
INTERNATIONAL RECTIFIER CORP COM            460254105         400     21,051                                              21,051
INTERNATIONAL SPEEDWAY CORP  CL A           460335201         720     18,508                                              18,508
INTERSIL CORP                CL A           46069S109         565     34,086                                              34,086
INTERPUBLIC GROUP COS INC    COM            460690100         542     69,996                                              69,996
INTERVAL LEISURE GROUP INC   COM            46113M108         182     17,477                                              17,477
INTUITIVE SURGICAL INC       COM NEW        46120E602       1,653      6,861                                               6,861
INTUIT                       COM            461202103       2,038     64,476                                              64,476
INVERNESS MED INNOVATIONS IN COM            46126P106         253      8,444                                               8,444
INVESTMENT TECHNOLOGY GRP NE COM            46145F105       1,385     45,514                                              45,514
INVITROGEN CORP              COM            46185R100         295      7,799                                               7,799
IRON MTN INC                 COM            462846106       1,287     52,707                                              52,707
ISHARES TR                   RUSSELL1000VAL 464287598       9,872    154,516                                             154,516
ISHARES TR                   RUSSELL1000GRW 464287614       7,847    161,620                                             161,620
ISHARES TR                   RUSSELL 1000   464287622      10,370    163,160                                             163,160
ITRON INC                    COM            465741106         498      5,623                                               5,623
JDS UNIPHASE CORP            COM PAR $0.001 46612J507         214     25,215                                              25,215
JPMORGAN & CHASE & CO        COM            46625H100      39,464    845,054                                             845,054
JABIL CIRCUIT INC            COM            466313103         600     62,886                                              62,886
JACOBS ENGR GROUP INC DEL    COM            469814107       3,666     67,494                                              67,494
JANUS CAP GROUP INC          COM            47102X105       1,138     46,864                                              46,864
JOHN BEAN TECHNOLOGIES CORP  COM            477839104         177     14,015                                              14,015
JOHNSON & JOHNSON            COM            478160104      54,157    781,707                                             781,707
JOHNSON CTLS INC             COM            478366107       5,388    177,645                                             177,645
JONES APPAREL GROUP INC      COM            480074103         467     25,252                                              25,252
JOY GLOBAL INC               COM            481165108       1,114     24,681                                              24,681
JUNIPER NETWORKS INC         COM            48203R104       2,010     95,399                                              95,399
KBR INC                      COM            48242W106         372     24,330                                              24,330
KLA-TENCOR CORP              COM            482480100         847     26,763                                              26,763
KANSAS CITY SOUTHERN         COM NEW        485170302         521     11,746                                              11,746
KELLOGG CO                   COM            487836108       2,331     41,547                                              41,547
KENNAMETAL INC               COM            489170100         744     27,444                                              27,444
KEYCORP NEW                  COM            493267108         304     25,459                                              25,459
KIMBERLY CLARK CORP          COM            494368103       2,948     45,464                                              45,464
KIMCO REALTY CORP            COM            49446R109       6,527    176,694                                             176,694
KINETIC CONCEPTS INC         COM NEW        49460W208         266      9,299                                               9,299
KING PHARMACEUTICALS INC     COM            495582108       1,751    182,739                                             182,739
KIRBY CORP                   COM            497266106         478     12,598                                              12,598
KOHLS CORP                   COM            500255104       3,782     82,081                                              82,081
KRAFT FOODS INC              CL A           50075N104      12,471    380,788                                             380,788
KROGER CO                    COM            501044101       2,270     82,615                                              82,615
LKQ CORP                     COM            501889208         379     22,309                                              22,309
LSI CORPORATION              COM            502161102         996    185,917                                             185,917
L-3 COMMUNICATIONS HLDGS INC COM            502424104       2,937     29,873                                              29,873
LABORATORY CORP AMER HLDGS   COM NEW        50540R409       5,796     83,399                                              83,399
LAM RESEARCH CORP            COM            512807108       1,586     50,368                                              50,368
LAMAR ADVERTISING CO         CL A           512815101         391     12,665                                              12,665
LANDSTAR SYS INC             COM            515098101         382      8,681                                               8,681
LAS VEGAS SANDS CORP         COM            517834107       1,266     35,065                                              35,065
LAUDER ESTEE COS INC         CL A           518439104         804     16,114                                              16,114
LEGG MASON INC               COM            524901105       1,710     44,926                                              44,926
LEHMAN BROS HLDGS INC        COM            524908100          27    127,061                                             127,061
LENDER PROCESSING SVCS INC   COM            52602E102         230      7,545                                               7,545
LENNAR CORP                  CL A           526057104         215     14,182                                              14,182
LENNOX INTL INC              COM            526107107         256      7,683                                               7,683
LEUCADIA NATL CORP           COM            527288104         525     11,564                                              11,564
LEVEL 3 COMMUNICATIONS INC   COM            52729N100         855    316,731                                             316,731
LEXMARK INTL NEW             CL A           529771107       1,106     33,962                                              33,962
LIBERTY GLOBAL INC           COM SER A      530555101       3,034    100,147                                             100,147
LIBERTY MEDIA CORP NEW       INT COM SER A  53071M104         402     31,107                                              31,107
LIBERTY MEDIA CORP NEW       CAP COM SER A  53071M302         283     21,149                                              21,149
LIBERTY MEDIA CORP NEW       ENT COM SER A  53071M500       3,644    145,948                                             145,948
LILLY ELI & CO               COM            532457108       8,413    191,079                                             191,079
LIMITED BRANDS INC           COM            532716107       1,008     58,184                                              58,184
LINCARE HLDGS INC            COM            532791100       1,273     42,310                                              42,310
LINCOLN ELEC HLDGS INC       COM            533900106       1,506     23,421                                              23,421
LINCOLN NATL CORP IND        COM            534187109         574     13,404                                              13,404
LINEAR TECHNOLOGY CORP       COM            535678106       1,119     36,508                                              36,508
LIZ CLAIBORNE INC            COM            539320101         670     40,778                                              40,778
LOCKHEED MARTIN CORP         COM            539830109      11,416    104,092                                             104,092
LOEWS CORP                   COM            540424108       9,452    239,349                                             239,349
LORILLARD INC                COM            544147101       5,756     80,897                                              80,897
LOWES COS INC                COM            548661107       8,860    373,997                                             373,997
LUBRIZOL CORP                COM            549271104         363      8,409                                               8,409
M & T BK CORP                COM            55261F104       1,272     14,250                                              14,250
MBIA INC                     COM            55262C100         978     82,199                                              82,199
M D C HLDGS INC              COM            552676108         463     12,649                                              12,649
MDU RES GROUP INC            COM            552690109         666     22,954                                              22,954
MEMC ELECTR MATLS INC        COM            552715104       1,059     37,489                                              37,489
MGIC INVT CORP WIS           COM            552848103         332     47,295                                              47,295
MGM MIRAGE                   COM            552953101         559     19,599                                              19,599
MSC INDL DIRECT INC          CL A           553530106         338      7,326                                               7,326
MSCI INC                     CL A           55354G100         230      9,578                                               9,578
MACERICH CO                  COM            554382101         783     12,304                                              12,304
MACK CALI RLTY CORP          COM            554489104         902     26,646                                              26,646
MACYS INC                    COM            55616P104       2,098    116,704                                             116,704




                       VERIZON INVESTMENT MANAGEMENT CORP.
                      FORM 13F-SOLE INSTR V. NONE AUTHORITY
                                    30-Sep-08



                                                                                    ITEM 6:
                                                                                INV. DISCRETION                    ITEM 8:
                                                                             --------------------             VOTING AUTHORITY
                                                         ITEM 4:    ITEM 5:          (B)           ITEM 7:         SHARES
                                             ITEM 3:  PENSION FAIR SHARES OR       SHARED    (C)  MANAGERS ---------------------
ITEM 1:                          ITEM 2:      CUSIP      MARKET    PRINCIPAL  (A)  AS DEF. SHARED   SEE     (A)   (B)     (C)
NAME OF ISSUER               TITLE OF CLASS   NUMBER   VALUE($000)   AMOUNT  SOLE INSTR. V  OTHER INSTR. V SOLE SHARED    NONE
---------------------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ ---------
                                                                                      
MANITOWOC INC                COM            563571108       1,015     65,265                                              65,265
MANPOWER INC                 COM            56418H100       1,830     42,402                                              42,402
MARATHON OIL CORP            COM            565849106       8,606    215,842                                             215,842
MARINER ENERGY INC           COM            56845T305         241     11,779                                              11,779
MARSH & MCLENNAN COS INC     COM            571748102       1,464     46,090                                              46,090
MARSHALL & ILSLEY CORP NEW   COM            571837103       1,304     64,713                                              64,713
MARRIOTT INTL INC NEW        CL A           571903202       3,081    118,094                                             118,094
MARTIN MARIETTA MATLS INC    COM            573284106         723      6,460                                               6,460
MASCO CORP                   COM            574599106         753     41,958                                              41,958
MASSEY ENERGY CORP           COM            576206106         505     14,153                                              14,153
MASTERCARD INC               CL A           57636Q104       3,294     18,575                                              18,575
MATTEL INC                   COM            577081102       2,276    126,161                                             126,161
MCAFEE INC                   COM            579064106         923     27,190                                              27,190
MCCLATCHY CO                 CL A           579489105          51     11,623                                              11,623
MCCORMICK & CO INC           COM NON VTG    579780206       1,083     28,157                                              28,157
MCDERMOTT INTL INC           COM            580037109       2,184     85,462                                              85,462
MCDONALDS CORP               COM            580135101      26,917    436,261                                             436,261
MCGRAW HILL COS INC          COM            580645109       2,279     72,095                                              72,095
MCKESSON CORP                COM            58155Q103       5,848    108,671                                             108,671
MEADWESTVACO CORP            COM            583334107       2,081     89,289                                              89,289
MEDCO HEALTH SOLUTIONS INC   COM            58405U102       9,806    217,918                                             217,918
MEDTRONIC INC                COM            585055106      22,057    440,252                                             440,252
MENTOR GRAPHICS CORP         COM            587200106         528     46,493                                              46,493
MERCK & CO INC               COM            589331107      18,422    583,711                                             583,711
MERRILL LYNCH & CO INC       COM            590188108       5,315    210,062                                             210,062
METAVANTE TECHNOLOGIES INC   COM            591407101         578     30,016                                              30,016
METLIFE INC                  COM            59156R108      10,812    193,065                                             193,065
METROPCS COMMUNICATIONS INC  COM            591708102         567     40,554                                              40,554
METTLER TOLEDO INTERNATIONAL COM            592688105         798      8,138                                               8,138
MICROSOFT CORP               COM            594918104      73,963  2,771,197                                           2,771,197
MICROCHIP TECHNOLOGY INC     COM            595017104         896     30,450                                              30,450
MICRON TECHNOLOGY INC        COM            595112103         535    132,083                                             132,083
MILLIPORE CORP               COM            601073109         624      9,064                                               9,064
MIRANT CORP NEW              COM            60467R100         924     50,535                                              50,535
MOHAWK INDS INC              COM            608190104         753     11,179                                              11,179
MOLEX INC                    COM            608554101         603     26,849                                              26,849
MOLSON COORS BREWING CO      CL B           60871R209       1,393     29,787                                              29,787
MONSANTO CO NEW              COM            61166W101      23,106    233,441                                             233,441
MONSTER WORLDWIDE INC        COM            611742107         480     32,169                                              32,169
MOODYS CORP                  COM            615369105       2,068     60,819                                              60,819
MORGAN STANLEY               COM NEW        617446448       6,808    295,997                                             295,997
MORNINGSTAR INC              COM            617700109         314      5,657                                               5,657
MOSAIC CO                    COM            61945A107       1,844     27,115                                              27,115
MOTOROLA INC                 COM            620076109       3,827    536,058                                             536,058
MURPHY OIL CORP              COM            626717102       2,006     31,278                                              31,278
MYLAN INC                    COM            628530107         960     84,050                                              84,050
NBTY INC                     COM            628782104         207      7,000                                               7,000
NCR CORP NEW                 COM            62886E108       1,689     76,577                                              76,577
NII HLDGS INC                CL B NEW       62913F201       2,457     64,805                                              64,805
NRG ENERGY INC               COM NEW        629377508         550     22,237                                              22,237
NVR INC                      COM            62944T105         364        637                                                 637
NYSE EURONEXT                COM            629491101       2,403     61,338                                              61,338
NALCO HOLDING COMPANY        COM            62985Q101         410     22,097                                              22,097
NASDAQ OMX GROUP INC         COM            631103108       1,416     46,309                                              46,309
NATIONAL CITY CORP           COM            635405103         342    195,562                                             195,562
NATIONAL HEALTH INVS INC     COM            63633D104         291      8,517                                               8,517
NATIONAL INSTRS CORP         COM            636518102         281      9,337                                               9,337
NATIONAL OILWELL VARCO INC   COM            637071101       6,138    122,195                                             122,195
NATIONAL SEMICONDUCTOR CORP  COM            637640103       1,699     98,720                                              98,720
NATIONWIDE FINL SVCS INC     CL A           638612101       2,924     59,284                                              59,284
NATIONWIDE HEALTH PPTYS INC  COM            638620104         215      5,982                                               5,982
NETAPP INC                   COM            64110D104       2,222    121,875                                             121,875
NEUSTAR INC                  CL A           64126X201         254     12,760                                              12,760
NEW YORK CMNTY BANCORP INC   COM            649445103         297     17,706                                              17,706
NEWELL RUBBERMAID INC        COM            651229106         675     39,093                                              39,093
NEWFIELD EXPL CO             COM            651290108         218      6,814                                               6,814
NEWMONT MINING CORP          COM            651639106       5,025    129,635                                             129,635
NEWS CORP                    CL A           65248E104       8,310    693,079                                             693,079
NIKE INC                     CL B           654106103      12,879    192,511                                             192,511
NISOURCE INC                 COM            65473P105         438     29,674                                              29,674
NOKIA CORP                   SPONSORED ADR  654902204         772     41,384                                              41,384
NOBLE ENERGY INC             COM            655044105         565     10,156                                              10,156
NORDSTROM INC                COM            655664100       2,022     70,154                                              70,154
NORFOLK SOUTHERN CORP        COM            655844108       7,520    113,574                                             113,574
NORTHEAST UTILS              COM            664397106       1,200     46,798                                              46,798
NORTHERN TR CORP             COM            665859104       9,192    127,320                                             127,320
NORTHROP GRUMMAN CORP        COM            666807102       5,014     82,823                                              82,823
NORTHWEST AIRLS CORP         COM            667280408         114     12,624                                              12,624
NOVELL INC                   COM            670006105         186     36,123                                              36,123
NSTAR                        COM            67019E107         704     21,028                                              21,028
NUANCE COMMUNICATIONS INC    COM            67020Y100         346     28,384                                              28,384
NUCOR CORP                   COM            670346105       4,228    107,043                                             107,043
NVIDIA CORP                  COM            67066G104       2,754    257,107                                             257,107
OGE ENERGY CORP              COM            670837103         746     24,144                                              24,144
OCCIDENTAL PETE CORP DEL     COM            674599105      27,577    391,434                                             391,434
OCEANEERING INTL INC         COM            675232102         529      9,922                                               9,922




                       VERIZON INVESTMENT MANAGEMENT CORP.
                      FORM 13F-SOLE INSTR V. NONE AUTHORITY
                                    30-Sep-08



                                                                                    ITEM 6:
                                                                                INV. DISCRETION                    ITEM 8:
                                                                             --------------------             VOTING AUTHORITY
                                                         ITEM 4:    ITEM 5:          (B)           ITEM 7:         SHARES
                                             ITEM 3:  PENSION FAIR SHARES OR       SHARED    (C)  MANAGERS ---------------------
ITEM 1:                          ITEM 2:      CUSIP      MARKET    PRINCIPAL  (A)  AS DEF. SHARED   SEE     (A)   (B)     (C)
NAME OF ISSUER               TITLE OF CLASS   NUMBER   VALUE($000)   AMOUNT  SOLE INSTR. V  OTHER INSTR. V SOLE SHARED    NONE
---------------------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ ---------
                                                                                      
OFFICE DEPOT INC             COM            676220106         264     45,438                                              45,438
OIL STS INTL INC             COM            678026105         268      7,578                                               7,578
OLD REP INTL CORP            COM            680223104         152     11,908                                              11,908
OMNICOM GROUP INC            COM            681919106       7,229    187,484                                             187,484
ON SEMICONDUCTOR CORP        COM            682189105         441     65,307                                              65,307
ORACLE CORP                  COM            68389X105      29,008  1,428,255                                           1,428,255
O REILLY AUTOMOTIVE INC      COM            686091109         328     12,254                                              12,254
OVERSEAS SHIPHOLDING GROUP I COM            690368105       1,035     17,755                                              17,755
OWENS ILL INC                COM NEW        690768403         412     14,008                                              14,008
PG&E CORP                    COM            69331C108       5,301    141,540                                             141,540
PMI GROUP INC                COM            69344M101          57     19,442                                              19,442
PNC FINL SVCS GROUP INC      COM            693475105       6,504     87,073                                              87,073
PPG INDS INC                 COM            693506107       1,856     31,824                                              31,824
PPL CORP                     COM            69351T106       7,481    202,068                                             202,068
PACCAR INC                   COM            693718108       3,897    102,036                                             102,036
PACKAGING CORP AMER          COM            695156109         344     14,840                                              14,840
PACTIV CORP                  COM            695257105         211      8,487                                               8,487
PALL CORP                    COM            696429307         695     20,201                                              20,201
PANERA BREAD CO              CL A           69840W108         222      4,368                                               4,368
PARKER HANNIFIN CORP         COM            701094104       2,756     52,002                                              52,002
PATRIOT COAL CORP            COM            70336T104         393     13,537                                              13,537
PATTERSON COMPANIES INC      COM            703395103         638     20,974                                              20,974
PATTERSON UTI ENERGY INC     COM            703481101         376     18,771                                              18,771
PAYCHEX INC                  COM            704326107       3,948    119,521                                             119,521
PEABODY ENERGY CORP          COM            704549104       3,651     81,135                                              81,135
PEDIATRIX MED GROUP          COM            705324101         377      6,993                                               6,993
PENN NATL GAMING INC         COM            707569109         325     12,214                                              12,214
PENNEY J C INC               COM            708160106       1,866     55,965                                              55,965
PENTAIR INC                  COM            709631105         498     14,407                                              14,407
PEOPLES UNITED FINANCIAL INC COM            712704105         344     17,889                                              17,889
PEPCO HOLDINGS INC           COM            713291102         239     10,422                                              10,422
PEPSI BOTTLING GROUP INC     COM            713409100       2,278     78,102                                              78,102
PEPSIAMERICAS INC            COM            71343P200         865     41,771                                              41,771
PEPSICO INC                  COM            713448108      39,067    548,153                                             548,153
PERKINELMER INC              COM            714046109         302     12,097                                              12,097
PERRIGO CO                   COM            714290103         493     12,824                                              12,824
PETROHAWK ENERGY CORP        COM            716495106         838     38,737                                              38,737
PETSMART INC                 COM            716768106         520     21,024                                              21,024
PFIZER INC                   COM            717081103      32,499  1,762,396                                           1,762,396
PHARMACEUTICAL PROD DEV INC  COM            717124101         728     17,594                                              17,594
PHILADELPHIA CONS HLDG CORP  COM            717528103         306      5,221                                               5,221
PHILIP MORRIS INTL INC       COM            718172109      36,569    760,262                                             760,262
PHILLIPS VAN HEUSEN CORP     COM            718592108         293      7,740                                               7,740
PINNACLE WEST CAP CORP       COM            723484101         712     20,706                                              20,706
PIONEER NAT RES CO           COM            723787107       2,246     42,966                                              42,966
PITNEY BOWES INC             COM            724479100       1,062     31,927                                              31,927
PLAINS EXPL& PRODTN CO       COM            726505100         585     16,626                                              16,626
PLUM CREEK TIMBER CO INC     COM            729251108         755     15,149                                              15,149
POLO RALPH LAUREN CORP       CL A           731572103         615      9,231                                               9,231
POPULAR INC                  COM            733174106         121     14,573                                              14,573
PRAXAIR INC                  COM            74005P104       7,593    105,835                                             105,835
PRECISION CASTPARTS CORP     COM            740189105       5,993     76,076                                              76,076
PRICE T ROWE GROUP INC       COM            74144T108       2,296     42,756                                              42,756
PRICELINE COM INC            COM NEW        741503403         776     11,340                                              11,340
PRIDE INTL INC DEL           COM            74153Q102         665     22,446                                              22,446
PRINCIPAL FINANCIAL GROUP IN COM            74251V102       1,425     32,772                                              32,772
PROCTER & GAMBLE CO          COM            742718109      58,366    837,506                                             837,506
PROGRESS ENERGY INC          COM            743263105         991     22,973                                              22,973
PROGRESSIVE CORP OHIO        COM            743315103       2,497    143,497                                             143,497
PROLOGIS                     SH BEN INT     743410102       1,641     39,758                                              39,758
PRUDENTIAL FINL INC          COM            744320102       6,470     89,863                                              89,863
PUBLIC SVC ENTERPRISE GROUP  COM            744573106       6,079    185,402                                             185,402
PUBLIC STORAGE               COM            74460D109       4,779     48,273                                              48,273
PULTE HOMES INC              COM            745867101       1,227     87,813                                              87,813
QLOGIC CORP                  COM            747277101         314     20,472                                              20,472
QUALCOMM INC                 COM            747525103      24,191    562,974                                             562,974
QUANTA SVCS INC              COM            74762E102         647     23,961                                              23,961
QUEST DIAGNOSTICS INC        COM            74834L100       1,180     22,842                                              22,842
QUEST RESOURCE CORP          COM NEW        748349305          88     33,087                                              33,087
QUESTAR CORP                 COM            748356102       3,473     84,879                                              84,879
QUICKSILVER RESOURCES INC    COM            74837R104         572     29,152                                              29,152
QWEST COMMUNICATIONS INTL IN COM            749121109         782    242,228                                             242,228
RPM INTL INC                 COM            749685103         442     22,880                                              22,880
RADIAN GROUP INC             COM            750236101         248     49,126                                              49,126
RAMBUS INC DEL               COM            750917106         221     17,189                                              17,189
RANGE RES CORP               COM            75281A109       1,096     25,564                                              25,564
RAYONIER INC                 COM            754907103         244      5,154                                               5,154
RAYTHEON CO                  COM NEW        755111507       6,330    118,289                                             118,289
RED HAT INC                  COM            756577102         998     66,252                                              66,252
REGENCY CTRS CORP            COM            758849103         241      3,619                                               3,619
REGIONS FINANCIAL CORP NEW   COM            7591EP100         345     35,955                                              35,955
RELIANT ENERGY INC           COM            75952B105         132     17,903                                              17,903
REPUBLIC SVCS INC            COM            760759100         833     27,791                                              27,791
RESMED INC                   COM            761152107         547     12,719                                              12,719
REYNOLDS AMERICAN INC        COM            761713106       1,323     27,204                                              27,204
RITE AID CORP                COM            767754104          23     26,912                                              26,912




                       VERIZON INVESTMENT MANAGEMENT CORP.
                      FORM 13F-SOLE INSTR V. NONE AUTHORITY
                                    30-Sep-08



                                                                                    ITEM 6:
                                                                                INV. DISCRETION                    ITEM 8:
                                                                             --------------------             VOTING AUTHORITY
                                                         ITEM 4:    ITEM 5:          (B)           ITEM 7:         SHARES
                                             ITEM 3:  PENSION FAIR SHARES OR       SHARED    (C)  MANAGERS ---------------------
ITEM 1:                          ITEM 2:      CUSIP      MARKET    PRINCIPAL  (A)  AS DEF. SHARED   SEE     (A)   (B)     (C)
NAME OF ISSUER               TITLE OF CLASS   NUMBER   VALUE($000)   AMOUNT  SOLE INSTR. V  OTHER INSTR. V SOLE SHARED    NONE
---------------------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ ---------
                                                                                        
ROBERT HALF INTL INC         COM            770323103         949     38,339                                              38,339
ROCKWELL AUTOMATION INC      COM            773903109       2,271     60,821                                              60,821
ROCKWELL COLLINS INC         COM            774341101       2,763     57,461                                              57,461
ROHM & HAAS CO               COM            775371107       2,169     30,531                                              30,531
ROPER INDS INC NEW           COM            776696106       2,614     45,893                                              45,893
ROSS STORES INC              COM            778296103       1,715     46,595                                              46,595
ROWAN COS INC                COM            779382100         314     10,275                                              10,275
RYDER SYS INC                COM            783549108         982     15,839                                              15,839
SBA COMMUNICATIONS CORP      COM            78388J106         569     21,978                                              21,978
SAIC INC                     COM            78390X101         263     13,016                                              13,016
SEI INVESTMENTS CO           COM            784117103       2,645    119,133                                             119,133
SLM CORP                     COM            78442P106       1,273    103,162                                             103,162
SPX CORP                     COM            784635104       1,416     18,389                                              18,389
SAFEWAY INC                  COM NEW        786514208         537     22,652                                              22,652
ST JOE CO                    COM            790148100         530     13,550                                              13,550
ST JUDE MED INC              COM            790849103       3,170     72,888                                              72,888
ST MARY LD & EXPL CO         COM            792228108         216      6,054                                               6,054
SALESFORCE COM INC           COM            79466L302       1,418     29,294                                              29,294
SANDISK CORP                 COM            80004C101         780     39,876                                              39,876
SANDRIDGE ENERGY INC         COM            80007P307         322     16,433                                              16,433
SARA LEE CORP                COM            803111103         462     36,556                                              36,556
SCANA CORP NEW               COM            80589M102         235      6,035                                               6,035
SCHEIN HENRY INC             COM            806407102       2,429     45,124                                              45,124
SCHERING PLOUGH CORP         COM            806605101       8,312    450,034                                             450,034
SCHLUMBERGER LTD             COM            806857108      26,568    340,221                                             340,221
SCHWAB CHARLES CORP NEW      COM            808513105       7,146    274,836                                             274,836
SCIENTIFIC GAMES CORP        CL A           80874P109         245     10,635                                              10,635
SEARS HLDGS CORP             COM            812350106       2,251     24,079                                              24,079
SELECT SECTOR SPDR TR        SBI INT-FINL   81369Y605      11,914    599,000                                             599,000
SEMPRA ENERGY                COM            816851109       1,211     23,995                                              23,995
SENSIENT TECHNOLOGIES CORP   COM            81725T100         218      7,748                                               7,748
SEPRACOR INC                 COM            817315104         325     17,745                                              17,745
SERVICE CORP INTL            COM            817565104         113     13,532                                              13,532
SHAW GROUP INC               COM            820280105         419     13,646                                              13,646
SHERWIN WILLIAMS CO          COM            824348106       2,666     46,643                                              46,643
SIERRA PAC RES NEW           COM            826428104         369     38,469                                              38,469
SIGMA ALDRICH CORP           COM            826552101       2,059     39,279                                              39,279
SILICON LABORATORIES INC     COM            826919102         246      8,013                                               8,013
SIMON PPTY GROUP INC NEW     COM            828806109       7,944     81,899                                              81,899
SIRIUS XM RADIO INC          COM            82967N108         272    478,035                                             478,035
SMITH INTL INC               COM            832110100       4,198     71,596                                              71,596
SMURFIT-STONE CONTAINER CORP COM            832727101          62     13,267                                              13,267
SNAP ON INC                  COM            833034101       1,075     20,408                                              20,408
SOHU COM INC                 COM            83408W103         260      4,664                                               4,664
SONOCO PRODS CO              COM            835495102         428     14,409                                              14,409
SOUTHERN CO                  COM            842587107       4,397    116,673                                             116,673
SOUTHERN COPPER CORP         COM            84265V105       1,284     67,285                                              67,285
SOUTHWEST AIRLS CO           COM            844741108       1,097     75,634                                              75,634
SOUTHWEST GAS CORP           COM            844895102       1,072     35,420                                              35,420
SOUTHWESTERN ENERGY CO       COM            845467109       1,805     59,088                                              59,088
SOVEREIGN BANCORP INC        COM            845905108         115     29,001                                              29,001
SPECTRA ENERGY CORP          COM            847560109       4,794    201,422                                             201,422
SPRINT NEXTEL CORP           COM SER 1      852061100       4,054    664,658                                             664,658
STANLEY WKS                  COM            854616109       1,075     25,743                                              25,743
STAPLES INC                  COM            855030102       5,633    250,369                                             250,369
STARBUCKS CORP               COM            855244109       5,060    340,295                                             340,295
STARWOOD HOTELS&RESORTS WRLD COM            85590A401       2,086     74,125                                              74,125
STATE STR CORP               COM            857477103       3,974     69,875                                              69,875
STEEL DYNAMICS INC           COM            858119100       1,391     81,378                                              81,378
STERICYCLE INC               COM            858912108       1,105     18,752                                              18,752
STRAYER ED INC               COM            863236105         469      2,343                                               2,343
STRYKER CORP                 COM            863667101       7,023    112,721                                             112,721
SUN MICROSYSTEMS INC         COM NEW        866810203         861    113,325                                             113,325
SUNOCO INC                   COM            86764P109         494     13,880                                              13,880
SUNPOWER CORP                COM CL A       867652109         644      9,086                                               9,086
SUNTRUST BKS INC             COM            867914103       4,623    102,767                                             102,767
SUPERIOR ENERGY SVCS INC     COM            868157108         428     13,737                                              13,737
SUPERVALU INC                COM            868536103       1,362     62,769                                              62,769
SYMANTEC CORP                COM            871503108       3,741    191,089                                             191,089
SYNOPSYS INC                 COM            871607107       1,009     50,555                                              50,555
SYNOVUS FINL CORP            COM            87161C105         150     14,538                                              14,538
SYSCO CORP                   COM            871829107       3,049     98,897                                              98,897
TD AMERITRADE HLDG CORP      COM            87236Y108       2,088    125,273                                             125,273
TECO ENERGY INC              COM            872375100         171     10,893                                              10,893
TJX COS INC NEW              COM            872540109       5,423    177,690                                             177,690
TARGET CORP                  COM            87612E106      13,388    272,942                                             272,942
TAUBMAN CTRS INC             COM            876664103         577     11,540                                              11,540
TECH DATA CORP               COM            878237106         746     25,003                                              25,003
TECHNE CORP                  COM            878377100         459      6,364                                               6,364
TELEPHONE & DATA SYS INC     COM            879433100       1,940     54,266                                              54,266
TELEPHONE & DATA SYS INC     SPL COM        879433860         556     15,498                                              15,498
TELLABS INC                  COM            879664100          84     20,622                                              20,622
TEMPLE INLAND INC            COM            879868107         306     20,079                                              20,079
TENET HEALTHCARE CORP        COM            88033G100         307     55,367                                              55,367
TERADATA CORP DEL            COM            88076W103         570     29,249                                              29,249
TERADYNE INC                 COM            880770102         164     21,010                                              21,010




                       VERIZON INVESTMENT MANAGEMENT CORP.
                      FORM 13F-SOLE INSTR V. NONE AUTHORITY
                                    30-Sep-08



                                                                                    ITEM 6:
                                                                                INV. DISCRETION                    ITEM 8:
                                                                             --------------------             VOTING AUTHORITY
                                                         ITEM 4:    ITEM 5:          (B)           ITEM 7:         SHARES
                                             ITEM 3:  PENSION FAIR SHARES OR       SHARED    (C)  MANAGERS ---------------------
ITEM 1:                          ITEM 2:      CUSIP      MARKET    PRINCIPAL  (A)  AS DEF. SHARED   SEE     (A)   (B)     (C)
NAME OF ISSUER               TITLE OF CLASS   NUMBER   VALUE($000)   AMOUNT  SOLE INSTR. V  OTHER INSTR. V SOLE SHARED    NONE
---------------------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ ---------
                                                                                        
TEREX CORP NEW               COM            880779103         590     19,326                                              19,326
TERRA INDS INC               COM            880915103         543     18,461                                              18,461
TESORO CORP                  COM            881609101         192     11,652                                              11,652
TETRA TECHNOLOGIES INC DEL   COM            88162F105         170     12,286                                              12,286
TEXAS INSTRS INC             COM            882508104      11,324    526,720                                             526,720
TEXTRON INC                  COM            883203101       2,374     81,080                                              81,080
THERMO FISHER SCIENTIFIC INC COM            883556102       3,831     69,647                                              69,647
THOMAS & BETTS CORP          COM            884315102       2,344     60,004                                              60,004
THOR INDS INC                COM            885160101         460     18,525                                              18,525
3M CO                        COM            88579Y101      16,898    247,374                                             247,374
TICKETMASTER                 COM            88633P302         188     17,477                                              17,477
TIDEWATER INC                COM            886423102       1,175     21,231                                              21,231
TIFFANY & CO NEW             COM            886547108         739     20,796                                              20,796
TIM HORTONS INC              COM            88706M103         901     30,425                                              30,425
TIME WARNER INC              COM            887317105      12,514    954,506                                             954,506
TIME WARNER CABLE INC        CL A           88732J108         406     16,794                                              16,794
TIMKEN CO                    COM            887389104         387     13,639                                              13,639
TORCHMARK CORP               COM            891027104         277      4,633                                               4,633
TORO CO                      COM            891092108         255      6,170                                               6,170
TORONTO DOMINION BK ONT      COM NEW        891160509         791     12,969                                              12,969
TOTAL SYS SVCS INC           COM            891906109         442     26,934                                              26,934
TRAVELERS COMPANIES INC      COM            89417E109      10,241    226,570                                             226,570
TRIMBLE NAVIGATION LTD       COM            896239100         517     19,983                                              19,983
TUPPERWARE BRANDS CORP       COM            899896104         580     20,981                                              20,981
TYSON FOODS INC              CL A           902494103         214     17,955                                              17,955
UST INC                      COM            902911106       2,198     33,026                                              33,026
US BANCORP DEL               COM NEW        902973304      22,254    617,829                                             617,829
URS CORP NEW                 COM            903236107         223      6,083                                               6,083
ULTRA PETROLEUM CORP         COM            903914109         738     13,328                                              13,328
UNION PAC CORP               COM            907818108      14,206    199,634                                             199,634
UNISYS CORP                  COM            909214108         112     40,627                                              40,627
UNIT CORP                    COM            909218109         324      6,504                                               6,504
UNITED ONLINE INC            COM            911268100         178     18,937                                              18,937
UNITED PARCEL SERVICE INC    CL B           911312106      12,989    206,543                                             206,543
UNITED STATES CELLULAR CORP  COM            911684108         623     13,281                                              13,281
UNITED STATES STL CORP NEW   COM            912909108       1,980     25,507                                              25,507
UNITED TECHNOLOGIES CORP     COM            913017109      16,637    277,000                                             277,000
UNITEDHEALTH GROUP INC       COM            91324P102       7,734    304,627                                             304,627
UNIVERSAL HLTH SVCS INC      CL B           913903100         256      4,565                                               4,565
UNUM GROUP                   COM            91529Y106         449     17,907                                              17,907
URBAN OUTFITTERS INC         COM            917047102         596     18,700                                              18,700
VCA ANTECH INC               COM            918194101         410     13,896                                              13,896
V F CORP                     COM            918204108       4,235     54,786                                              54,786
VALERO ENERGY CORP NEW       COM            91913Y100       1,883     62,157                                              62,157
VALMONT INDS INC             COM            920253101         258      3,118                                               3,118
VARIAN MED SYS INC           COM            92220P105       2,302     40,290                                              40,290
VARIAN SEMICONDUCTOR EQUIPMN COM            922207105         307     12,208                                              12,208
VENTAS INC                   COM            92276F100         463      9,362                                               9,362
VERISIGN INC                 COM            92343E102         836     32,048                                              32,048
VERIZON COMMUNICATIONS INC   COM            92343V104      20,980    653,782                                             653,782
VERTEX PHARMACEUTICALS INC   COM            92532F100         776     23,331                                              23,331
VIACOM INC NEW               CL B           92553P201       2,193     88,272                                              88,272
VIRGIN MEDIA INC             COM            92769L101         120     15,210                                              15,210
VISA INC                     COM CL A       92826C839       6,255    101,886                                             101,886
VORNADO RLTY TR              SH BEN INT     929042109         640      7,039                                               7,039
VULCAN MATLS CO              COM            929160109       2,530     33,966                                              33,966
WABCO HLDGS INC              COM            92927K102         384     10,797                                              10,797
WACHOVIA CORP NEW            COM            929903102       1,763    503,742                                             503,742
WADDELL & REED FINL INC      CL A           930059100         353     14,253                                              14,253
WAL MART STORES INC          COM            931142103      42,926    716,751                                             716,751
WALGREEN CO                  COM            931422109       6,281    202,886                                             202,886
WALTER INDS INC              COM            93317Q105         559     11,776                                              11,776
WASHINGTON MUT INC           COM            939322103          15    184,757                                             184,757
WASHINGTON POST CO           CL B           939640108         823      1,479                                               1,479
WASTE MGMT INC DEL           COM            94106L109       4,746    150,729                                             150,729
WATERS CORP                  COM            941848103       2,003     34,429                                              34,429
WATSON PHARMACEUTICALS INC   COM            942683103         320     11,225                                              11,225
WATTS WATER TECHNOLOGIES INC CL A           942749102         526     19,217                                              19,217
WEINGARTEN RLTY INVS         SH BEN INT     948741103         342      9,581                                               9,581
WELLCARE HEALTH PLANS INC    COM            94946T106       1,255     34,875                                              34,875
WELLPOINT INC                COM            94973V107       7,558    161,602                                             161,602
WELLS FARGO & CO NEW         COM            949746101      35,821    954,463                                             954,463
WESCO INTL INC               COM            95082P105         216      6,701                                               6,701
WESTERN DIGITAL CORP         COM            958102105       3,615    169,559                                             169,559
WESTERN UN CO                COM            959802109       3,794    153,783                                             153,783
WEYERHAEUSER CO              COM            962166104       2,535     41,850                                              41,850
WHIRLPOOL CORP               COM            963320106         842     10,625                                              10,625
WHITING PETE CORP NEW        COM            966387102         496      6,965                                               6,965
WHOLE FOODS MKT INC          COM            966837106         462     23,084                                              23,084
WILEY JOHN & SONS INC        CL A           968223206         617     15,265                                              15,265
WILLIAMS COS INC DEL         COM            969457100       2,917    123,348                                             123,348
WINDSTREAM CORP              COM            97381W104         692     63,243                                              63,243
WISCONSIN ENERGY CORP        COM            976657106       1,047     23,311                                              23,311
WRIGLEY WM JR CO             COM            982526105       5,415     68,193                                              68,193
WYETH                        COM            983024100       9,379    253,912                                             253,912
WYNDHAM WORLDWIDE CORP       COM            98310W108         283     17,999                                              17,999




                       VERIZON INVESTMENT MANAGEMENT CORP.
                      FORM 13F-SOLE INSTR V. NONE AUTHORITY
                                    30-Sep-08



                                                                                    ITEM 6:
                                                                                INV. DISCRETION                    ITEM 8:
                                                                             --------------------             VOTING AUTHORITY
                                                         ITEM 4:    ITEM 5:          (B)           ITEM 7:         SHARES
                                             ITEM 3:  PENSION FAIR SHARES OR       SHARED    (C)  MANAGERS ---------------------
ITEM 1:                          ITEM 2:      CUSIP      MARKET    PRINCIPAL  (A)  AS DEF. SHARED   SEE     (A)   (B)     (C)
NAME OF ISSUER               TITLE OF CLASS   NUMBER   VALUE($000)   AMOUNT  SOLE INSTR. V  OTHER INSTR. V SOLE SHARED    NONE
---------------------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ ---------
                                                                                        
WYNN RESORTS LTD             COM            983134107       2,152     26,356                                              26,356
XTO ENERGY INC               COM            98385X106       6,840    147,041                                             147,041
XCEL ENERGY INC              COM            98389B100       2,974    148,782                                             148,782
XILINX INC                   COM            983919101       2,350    100,202                                             100,202
XEROX CORP                   COM            984121103       2,161    187,435                                             187,435
YAHOO INC                    COM            984332106       8,593    496,722                                             496,722
YUM BRANDS INC               COM            988498101       6,507    199,547                                             199,547
ZEBRA TECHNOLOGIES CORP      CL A           989207105         285     10,230                                              10,230
ZIMMER HLDGS INC             COM            98956P102       3,731     57,788                                              57,788
ZIONS BANCORPORATION         COM            989701107         215      5,568                                               5,568

GRAND TOTAL                                             3,293,562