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 29, 2000
Check here if Amendment ( )Amendment Number: 1
This Amendment (Check only one.): ( ) is a restatement
( ) adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Friedman, Billings, Ramsey Investment Management
Address: 1001 19th Street North
Potomac Tower
Arlington, VA 22209
13F File Number: 28-5254
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 the 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: Nicholas J. Nichols
Title: EVP and Chief Compliance Officer
Phone: 703-312-9500
Signature, Place, and Date of Signing:
Nicholas J. Nichols Arlington, VA November 3, 2000
Report Type (Check only one.):
(X) 13F HOLDINGS REPORT
( ) 13F NOTICE.
( ) 13F COMBINATION REPORT
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 3
Form 13F Information Table Entry Total: 27,059,205
Form 13F Information Table Value Total: $ 821,082,000
List of Other Included Managers:
No: 13F File Number Name
01 Friedman Billings Ramsey & Co.
02 Friedman Billings Ramsey Investment management Inc.
03 FBR Fund Advisers, Inc.
04 FBR Venture Capital Managers, Inc.
Name of Issuer Cla Cusip Value Prn Sh Put/ Inv. Oth Sole
ss X1000 Amt. call Disc Mgr
Aether Systems com 00808V105 187362913960 sh sole 0 913960
Altiva Financial prf 021497300 36 387348 sh sole 0 387348
Amer Tower Corp com 029912201 1163 27900 sh sole 0 27900
American Finl Hds com 026075101 826 52000 sh sole 0 52000
American Home Mort. com 02660M108 55 12000 sh sole 0 12000
American Nat'l Can com 027714104 506 30000 sh sole 0 30000
Amsouth Bcorp com 032165102 221 14000 sh sole 0 14000
Anthracite Capital com 037023108 11271 1581846 sh sole 0 1581846
Appnet, Inc. com 03831Q101 371 10300 sh sole 0 10300
Astoria Financial com 046265104 1597 62000 sh sole 0 62000
Atlas Pipeline Part com 049392103 2334 169000 sh sole 0 169000
Axent Technologies com 05459C108 744 30000 sh sole 0 30000
Banc One com 06423A103 584 22000 sh sole 0 22000
Bank North Gp com 06646R107 822 53700 sh sole 0 53700
Bank of America com 060505104 946 22000 sh sole 0 22000
Bank of New York com 064057102 279 6000 sh sole 0 6000
Bank Plus Corp. com 064446107 463 152750 sh sole 0 152750
Bank Pls Cp Sr Nt 7% prf 064446AA5 188 250000 sh sole 0 250000
Bankamerica Corp. com 060505104 4945 115000 sh sole 0 115000
BankAtlantic Bancorp com 065908105 223 38000 sh sole 0 38000
BankAtlantic Bancorp com 065908501 194 51750 sh sole 0 51750
Banyan Hotel Inv com 06682N101 35 81000 sh sole 0 81000
Bay State Bcorp com 072611106 258 12000 sh sole 0 12000
Bayview com 07262L101 196 20000 sh sole 0 20000
BB&T Corp com 054937107 478 20000 sh sole 0 20000
Berkshire Hathaway com 084670108 3497 65 sh sole 0 65
Berkshire Hills Banc com 084680107 638 50000 sh sole 0 50000
Bestfoods Inc. com 08358U101 1731 25000 sh sole 0 25000
BindView Develpmnt com 090327107 2925 243712 sh sole 0 243712
BNC Mortgage Inc. com 05561Y105 116 12000 sh sole 0 12000
BostonFed Bcorp com 101178101 1001 70900 sh sole 0 70900
Bradley Rael Estate com 104580105 2089 98000 sh sole 0 98000
Brookdale living com 112462106 1847 127400 sh sole 0 127400
Camden National com 133034108 203 15000 sh sole 0 15000
Capital Automotive com 139733109 27146 1921815 sh sole 0 1921815
Capital One Fin'l com 14040H105 223 5000 sh sole 0 5000
CareerBuilder, Inc. com 141684100 2275 686700 sh sole 0 686700
Catskill Financial com 149348104 438 20000 sh sole 0 20000
CFS Bancorp com 12525D102 508 55500 sh sole 0 55500
Charter One Fin com 160903100 2599 113000 sh sole 0 113000
Chase Manhattan Bank com 16161A108 9097 197500 sh sole 0 197500
Cherry Corp. com 164541401 2026 77000 sh sole 0 77000
Citigroup, Inc. com 172967101 1085 18000 sh sole 0 18000
CMP Group, Inc. com 125887109 1776 60600 sh sole 0 60600
CNY fin'lCorp. com 12613U107 650 35000 sh sole 0 35000
Coastal Bancorp com 19041P105 252 17500 sh sole 0 17500
Coinmach Laundrey Cp com 19259L101 568 40000 sh sole 0 40000
Colonial Bkgrp com 195493309 144 16000 sh sole 0 16000
Columbia Energy Grp com 197648108 3380 51500 sh sole 0 51500
Comerica Inc. com 200340107 1975 44000 sh sole 0 44000
Commercial Fed. Corp com 201647104 1541 99000 sh sole 0 99000
Connecticut Banc com 207540105 980 67000 sh sole 0 67000
CoStar Group com 75612B107 426 17000 sh sole 0 17000
Crescent Operating com 22575M100 27 19000 sh sole 0 19000
Dime Bancorp com 25429Q102 748 47500 sh sole 0 47500
Dover Downs Ent com 260086103 672 48000 sh sole 0 48000
Eastern Enterprises com 27637F100 3182 50500 sh sole 0 50500
Encompass Svcs Cp com 29255U104 969 168574 sh sole 0 168574
Eskimo Pie Corp. com 296443104 375 38000 sh sole 0 38000
Fair Isaac & Co com 303250104 660 15000 sh sole 0 15000
Fannie Mae com 313586109 835 16000 sh sole 0 16000
FBR Asset Invmnt Cp com 30241E303 3657 252200 sh sole 0 252200
Fidelity National com 316326107 568 31000 sh sole 0 31000
Fin Security Assuran com 31769P100 4097 54000 sh sole 0 54000
First Bell Bcp com 319301107 363 23800 sh sole 0 23800
First Defiance com 32006W106 113 14000 sh sole 0 14000
First Fed Bkshr-AK com 32020F105 184 12500 sh sole 0 12500
First Keystone com 320655103 751 76000 sh sole 0 76000
First Place Fin'l com 33610T109 774 72000 sh sole 0 72000
First Security Corp. com 336294103 1085 80000 sh sole 0 80000
First Union Corp. com 337358105 2059 83000 sh sole 0 83000
First Untd Bankshrs com 33741E104 264 17400 sh sole 0 17400
Firstar Corp. com 33763V109 1474 70000 sh sole 0 70000
FirstFed America com 337929103 328 28400 sh sole 0 28400
FirstFed Fin'l Corp com 337907109 1236 87500 sh sole 0 87500
Fleet Boston Fin com 339030108 7208 212000 sh sole 0 212000
Freddie Mac com 313400301 365 9000 sh sole 0 9000
Giga Info. Group com 37517M109 213 38666 sh sole 0 38666
Golden State Bancorp com 381197102 1816 100900 sh sole 0 100900
Golden St Bancorp rts 381197136 15 13100 sh sole 0 13100
Golden West Fin'l com 381317106 1224 30000 sh sole 0 30000
GTE Corp. com 362320103 2480 40000 sh sole 0 40000
Hannaford Brothers com 410550107 3076 42800 sh sole 0 42800
Harris Savings Bank com 414541102 62 10000 sh sole 0 10000
Hibernia Corp. com 428656102 3012 277000 sh sole 0 277000
Highland Fed. Bank com 429879109 244 10000 sh sole 0 10000
Hingham Inst Svgs com 433323102 1141 86900 sh sole 0 86900
Homestead Bancorp com 437698103 109 15000 sh sole 0 15000
Host Funding com 441072105 30 20000 sh sole 0 20000
IDT com 448947101 339 10000 sh sole 0 10000
II VI Inc. com 902104108 1838 38000 sh sole 0 38000
Imperial Credit Ind. com 452729106 1037 244050 sh sole 0 244050
Innsuites Hospit. com 457919108 41 22000 sh sole 0 22000
Int'l Speedway-A com 460335201 482 11650 sh sole 0 11650
Int'l Speedway-B com 460335300 913 22000 sh sole 0 22000
Iroquois Bancorp com 463347104 327 10000 sh sole 0 10000
ITLA Capital Corp. com 450565106 6454 445070 sh sole 0 445070
Jacksonville Bcorp com 469248108 904 70200 sh sole 0 70200
Keycorp com 493267108 2873 163000 sh sole 0 163000
Klamath First com 49842P103 422 36000 sh sole 0 36000
Liberte Investor com 530154103 51 16000 sh sole 0 16000
Liberty Self-Storage com 589949106 31 97000 sh sole 0 97000
LifeMinders com 53219H108 19632 664091 sh sole 0 664091
Lilly Industries com 532491107 1203 40000 sh sole 0 40000
Local Financial com 539553107 2797 335200 sh sole 0 335200
Logansport Fin'l com 541209102 509 51900 sh sole 0 51900
London Pacific com 542073101 156 12000 sh sole 0 12000
Lunar Corp. com 550362107 335 20000 sh sole 0 20000
Mallinckrodt, Inc.. com 561232109 1086 25000 sh sole 0 25000
Mapquest.com com 565644101 832 50000 sh sole 0 50000
Markel Corp com 570535104 1912 13500 sh sole 0 13500
MCN Corporation com 552675100 321 15000 sh sole 0 15000
Mediaone Group Inc. com 58440J104 4099 60000 sh sole 0 60000
Meditrust Co com 58501T306 81 21500 sh sole 0 21500
MEGO fin'lCorp. com-585162100 867 209440 sh sole 0 209440
Mellon Bank Corp. com 58551A108 1822 50000 sh sole 0 50000
Miami Computer Supp. com 55270M108 1920 74219 sh sole 0 74219
Micros Systems com 594901100 334 18000 sh sole 0 18000
Mutual First Finl com 62845B104 452 38500 sh sole 0 38500
Nabisco Group Hold. com 62952P102 1556 60000 sh sole 0 60000
Nabisco Holdings com 629526104 1838 35000 sh sole 0 35000
National City Corp com 635405103 853 50000 sh sole 0 50000
Network Access Sol. com 64120S109 33421 3495000 sh sole 0 3495000
New Century Energies com 64352U103 420 14000 sh sole 0 14000
North Central Bksh com 658418108 590 42500 sh sole 0 42500
North Fork Bancrp com 659424105 2848 188300 sh sole 0 188300
Northrim Bank com 666764105 120 16500 sh sole 0 16500
NVEST, LP com 67065F107 659 17400 sh sole 0 17400
One Valley Bancorp com 682419106 547 17500 sh sole 0 17500
Optisystems Sol. com M75252102 426 44000 sh sole 0 44000
Oswego County com 688636109 138 13050 sh sole 0 13050
Pacific Crest com 694166109 798 60800 sh sole 0 60800
Parkvale Fin'l com 701492100 324 18800 sh sole 0 18800
Peekskill fin'lCorp. com 705385102 518 24000 sh sole 0 24000
Penn Nat'l Gaming com 707569109 2657 195000 sh sole 0 195000
Pennfed Fin'l com 708167101 1144 81000 sh sole 0 81000
Peoples Bk-Bridgeprt com 710198102 230 12500 sh sole 0 12500
PFF Bancorp com 69331W104 496 27200 sh sole 0 27200
Pioneer Group, Inc. com 723684106 2415 57000 sh sole 0 57000
PNC Bank Corp com 693475105 609 13000 sh sole 0 13000
Pocahontas Bancorp com 730234101 1297 203939 sh sole 0 203939
Port Financial com 734119100 944 68000 sh sole 0 68000
Precision Auto Care com 74018R105 23 34000 sh sole 0 34000
Prime Retail com 741570105 331 263060 sh sole 0 263060
Prime Ret Sr A 10.5% pfd 741570204 720 78400 sh sole 0 78400
Protocol Systems com 74371R106 398 25000 sh sole 0 25000
Providence Energy com 743743106 2450 60500 sh sole 0 60500
Provident Fin Holdin com 743868101 396 28400 sh sole 0 28400
Quaker City Bcp com 74731K106 1050 68300 sh sole 0 68300
Quest Education Corp com 74835F102 181 10000 sh sole 0 10000
R&G fin'lCorp com 749136107 601 75710 sh sole 0 75710
Reliastar fin'l com 75952U103 3251 62000 sh sole 0 62000
Resource America com 761195205 5355 819830 sh sole 0 819830
Resource Asset Inv com 761196104 3790 344575 sh sole 0 344575
Scientific Games com 808747109 575 23400 sh sole 0 23400
Seacoast Fin Service com 81170Q106 729 76780 sh sole 0 76780
Seagate Technology com 811804103 3025 55000 sh sole 0 55000
Seagram Company, Ltd com 811850106 580 10000 sh sole 0 10000
SFX Entertainment com 784178105 2832 62500 sh sole 0 62500
SLM Holdings Corp com 78442A109 1310 35000 sh sole 0 35000
South Jersery Fin Co com 838493104 647 33000 sh sole 0 33000
Spyglass, Inc. com 852192103 216 6900 sh sole 0 6900
Summit Bcorp com 866005101 320 13000 sh sole 0 13000
Summit Technology com 86627E101 2378 126000 sh sole 0 126000
Symetricom Inc. com 871543104 2462 97500 sh sole 0 97500
Tele Sudeste Celular adr 879252104 2325 50000 sh sole 0 50000
Telecom De Sao Paolo adr 87929A102 2252 81300 sh sole 0 81300
Telefon.De Argentina adr 879378206 1385 39000 sh sole 0 39000
Texarkana First Fin com 881801104 700 31200 sh sole 0 31200
Thistle Group com 88431E103 135 19500 sh sole 0 19500
TIME WARNER, INC. com 887315109 760 10000 sh sole 0 10000
TIS Mort Inv com 872527106 6 20500 sh sole 0 20500
U.S. Bancorp com 902973106 424 22000 sh sole 0 22000
Union Carbide Corp. com 905581104 2723 55000 sh sole 0 55000
Union Pacific Res com 907834105 2585 117500 sh sole 0 117500
Union Planters Corp. com 908068109 2235 80000 sh sole 0 80000
United Asset Mgmt. com 909420101 1753 75000 sh sole 0 75000
US Bancorp com 902973106 3080 160000 sh sole 0 160000
US Can Corp com 90328W105 652 37500 sh sole 0 37500
US West com 91273H101 5631 65543 sh sole 0 65543
Valley Resources Inc com 920062106 345 14300 sh sole 0 14300
Varsity Group, Inc. com 922300108 1426 992063 sh sole 0 992063
Vastar Resources Inc com 922380100 1643 20000 sh sole 0 20000
Ventas Inc com 92276F100 32 10000 sh sole 0 10000
Verio Inc. com 923433106 2219 40000 sh sole 0 40000
Wachovia Corp. com 929771103 1356 25000 sh sole 0 25000
Wash Mutual Inc com 939322103 1126 39000 sh sole 0 39000
Washington Fed com 938824109 1077 59000 sh sole 0 59000
Washington Mutual com 939322103 2847 98600 sh sole 0 98600
WebMethods, Inc. com 94768C108 4317792746907 sh sole 0 2746907
Wells Fargo com 949746101 6723 173500 sh sole 0 173500
Woronoco Savings com 981630106 653 61500 sh sole 0 61500
Wyndham Hotel com 703352203 63 25000 sh sole 0 25000
Young and Rubicam com 987425105 2573 45000 sh sole 0 45000
