UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 06/30/00
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: Fraser Management Associates
Address: 309 South Willard Street
Burlington VT 05401
Form 13F File Number: 28-5216
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: James L. Fraser
Title: President
Phone: 802-658-0322
Signature, Place, and Date of Signing:
James L. Fraser Burlington, VT 07/11/00
[Signature] [City, State] [Date]
Report Type (Check only one.):
[x] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report, and
all holdings are reported by other reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for
this reporting manager are reported in this report and a portion are
reported by other reporting manager(s).)
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 93
Form 13F Information Table Value Total: $132,394
(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.
[If there are no entries in this list, state "NONE" and omit the column
headings and list entries.]
NONE
<PAGE>
<TABLE> <C> <C>
NAME OF ISSUER TITLE OF VALUE SHARES/ SH PUT/ INVSTMT OTHER VOTING AUTHORITY
CLASS CUSIP (X$1000) PRN AMT PRN CALL DSCRETN MNGRS SOLE SH NONE
GENERAL ELECTRIC COM 369604103 14158 270966SH SOLE 270966
EXXON-MOBIL COM 302290101 9996 126839SH SOLE 126839
INTERMAGNETICS GENERAL COM 458771102 4476 236370SH SOLE 236370
FLOW INTERNATIONAL COM 343468104 3767 376700SH SOLE 376700
AMERON INTERNATIONAL COM 030710107 3536 98910SH SOLE 98910
UTILICORP COM 918005109 3436 172857SH SOLE 172857
EVERCEL COM 299759100 2918 212228SH SOLE 212228
FORD MOTOR COM 345370100 2690 62553SH SOLE 62553
NCR COM 6288GE108 2513 64550SH SOLE 64550
PNC FINANCIAL SERVICES GROUP COM 693475105 2489 53100SH SOLE 53100
PLUM CREEK TIMBER COM 729237107 2355 90582SH SOLE 90582
FUELCELL ENERGY COM 29271E100 2251 32600SH SOLE 32600
ULTRALIFE BATTERIES COM 903899102 2234 198600SH SOLE 198600
UNITED WATER RES. COM 913190104 2216 63550SH SOLE 63550
UNISYS COM 909214108 2202 151181SH SOLE 151181
NO STATES POWER CO MINN COM 665772109 2184 108204SH SOLE 108204
GREEN MOUNTAIN COFFEE COM 393122106 2078 119173SH SOLE 119173
FREQUENCY ELECTRONICS COM 358010106 1932 67500SH SOLE 67500
GENERAL MILLS COM 370334104 1836 48000SH SOLE 48000
AT&T COM 001957109 1799 56550SH SOLE 56550
VERIZON COMMUNICATIONS COM 077853109 1714 33773SH SOLE 33773
DELUXE COM 248019101 1668 70800SH SOLE 70800
BANK OF AMERICA COM 060505104 1655 38275SH SOLE 38275
EARTHGRAINS COM 270319106 1627 83700SH SOLE 83700
NORTHWEST PIPE COM 667746101 1576 132675SH SOLE 132675
FEDEX COM 31428X106 1552 40850SH SOLE 40850
DOLE FOOD COM 256605106 1551 98484SH SOLE 98484
WASTE CONNECTIONS COM 941053100 1489 75380SH SOLE 75380
ORBITAL SCIENCES COM 685564106 1411 115734SH SOLE 115734
PEPSICO COM 713448108 1409 31701SH SOLE 31701
QWEST COMMUNICATIONS COM 749121109 1393 27870SH SOLE 27870
HEALTH CARE REIT COM 42217K106 1393 85694SH SOLE 85694
NABORS IND COM 629568106 1349 32450SH SOLE 32450
HEALTHSOUTH COM 421924101 1346 182553SH SOLE 182553
EQUITABLE RESOURCES COM 294549100 1335 27673SH SOLE 27673
BP AMOCO ADR ADR 055622104 1310 23140SH SOLE 23140
SBC COMMUNICATIONS COM 78387G103 1287 29007SH SOLE 29007
STRUCTURAL DYNAMICS RESEARCH COM 863555108 1284 85247SH SOLE 85247
EASTMAN KODAK COM 277461109 1280 21474SH SOLE 21474
BLUEGREEN C.V. 8.25 DUE 5-15-12 BOND 703365AB2 1274 2037800PRN SOLE 0
BLUEGREEN COM 703365106 1264 459806SH SOLE 459806
CORNING INC COM 219350105 1239 4600SH SOLE 4600
KMART CV PFD T COM 498778208 1204 33050SH SOLE 33050
LAYNE CHRISTENSEN COM 521050104 1148 255200SH SOLE 255200
DUPONT, E.I. COM 263534109 1099 25012SH SOLE 25012
HSB GROUP COM 40428N109 1032 33155SH SOLE 33155
WOLVERINE WORLD WIDE COM 978097103 989 100175SH SOLE 100175
PFIZER COM 717081103 970 20212SH SOLE 20212
CARPENTER TECHNOLOGY COM 144285103 942 44583SH SOLE 44583
CHEMED COM 163596109 936 33203SH SOLE 33203
TEXACO COM 881694103 906 17000SH SOLE 17000
IMPERIAL OIL COM 453038408 890 36500SH SOLE 36500
IBM COM 459200101 873 7994SH SOLE 7994
CMS ENERGY COM 125896100 843 38124SH SOLE 38124
HOST MARRIOTT COM 441078102 796 84900SH SOLE 84900
BRISTOL MYERS SQUIBB COM 110122108 746 12800SH SOLE 12800
REPSOL ADR ADR 76026T205 732 36958SH SOLE 36958
NETWORK ASSOCIATES COM 640938106 698 34250SH SOLE 34250
HARMON IND COM 413136102 684 51650SH SOLE 51650
INCO LTD CV 7.75 DUE 3-15-16 BOND 453258AH8 683 790000PRN SOLE 0
PROCTER & GAMBLE COM 742718109 675 11800SH SOLE 11800
NANOGEN COM 630075109 656 15450SH SOLE 15450
CHEVRON COM 166751107 643 7568SH SOLE 7568
DEVON ENERGY COM 251791410 638 11389SH SOLE 11389
XEROX COM 984121103 628 31000SH SOLE 31000
JOHNSON & JOHNSON COM 478160104 611 6080SH SOLE 6080
MORRISON KNUDSEN COM 485797104 610 84200SH SOLE 84200
REGIONS FINANCIAL COM 758940100 597 30036SH SOLE 30036
MORGAN STANLEY DEAN WITTER COM 617446448 541 6500SH SOLE 6500
TIMKEN COM 887389104 525 28206SH SOLE 28206
MCDERMOTT INTERNATIONAL COM 580037109 495 56200SH SOLE 56200
DOMINION RESOURCES COM 25746U109 432 10084SH SOLE 10084
MERCK COM 589331107 426 5686SH SOLE 5686
KENT ELECTRONICS CV 4.5 DUE 9-01BOND 490553AA2 420 485800PRN SOLE 0
DE BEERS CONS MNS ADR ADR 240253302 416 17100SH SOLE 17100
TRANSCANADA PIPELINES COM 893526103 385 50500SH SOLE 50500
PEOPLESOFT COM 712713106 370 22100SH SOLE 22100
APPLIX COM 038316105 351 45350SH SOLE 45350
KAMAN COM 483548103 344 32150SH SOLE 32150
COMPUTER TASK GRP COM 205477102 341 67400SH SOLE 67400
INCO COM 453258402 338 21800SH SOLE 21800
ABERCROMBIE & FITCH COM 002896207 335 27500SH SOLE 27500
AMERICAN HOME PRODUCTS COM 026609107 329 5600SH SOLE 5600
PHILIP MORRIS COM 718154107 319 12000SH SOLE 12000
ROYAL DUTCH PETROLEUM COM 780257705 308 5000SH SOLE 5000
EASTMAN CHEMICAL COM 277432100 293 6133SH SOLE 6133
IDX SYSTEMS COM 449491109 286 20225SH SOLE 20225
AMGEN COM 031162100 267 3800SH SOLE 3800
AXENT TECHNOLOGIES COM 05459C108 263 10600SH SOLE 10600
CAREMARK RX COM 141705103 259 38000SH SOLE 38000
PHELPS DODGE COM 717265102 230 6187SH SOLE 6187
SANTA CRUZ OPERATION COM 801833104 215 33750SH SOLE 33750
MICROSOFT COM 594918104 200 2505SH SOLE 2505
</TABLE>
