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, 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 7, 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.
Issuer Cla Cusip Value Prn Sh Put/ Inv. Oth Sole
ss x1000 Amt. Call Disc Mgr
ADC Telecom com 000886101 1258 6784 SH sole 0 46784
AT&T com 001957109 883 30069 SH sole 0 30069
AXA Fin. com 002451102 1528 30000 SH sole 0 30000
Aether Systems com 00808V105 70048 663960 SH sole 0 663960
Aetna com 008117103 3193 55000 SH sole 0 55000
Alliance Bcorp com 01852J105 281 15600 SH sole 0 15600
Alteon Websys. com 02145A109 2862 26400 SH sole 0 26400
Amer Tower Corp com 029912201 938 24900 SH sole 0 24900
America Online com 02364J104 993 18498 SH sole 0 18498
American Finl Hd com 026075101 1066 60500 SH sole 0 60500
American Home Mort com 02660M108 89 17000 SH sole 0 17000
Anadarko Pet. com 032511107 3552 53450 SH sole 0 53450
Annaly Mortgage com 035710409 311 34100 SH sole 0 34100
Anthracite Capita com 037023108 12852 1581846 SH sole 0 1581846
Assoc. First com 046008108 612 161000 SH sole 0 161000
Astoria Fin'l com 046265104 1584 41000 SH sole 0 41000
Atlas Pipeline Part com 049392103 2505 144700 SH sole 0 144700
Avis Grp Hldgs. com 053790101 504 17000 SH sole 0 17000
Axent Tech. com 05459C108 2048 95000 SH sole 0 95000
BB&T com 054937107 675 22400 SH sole 0 22400
Bank of America com 060505104 943 18000 SH sole 0 18000
Bank of New York com 064057102 449 8000 SH sole 0 8000
Banc One com 06423A103 541 14000 SH sole 0 14000
Bank North Gp com 06646R107 876 49000 SH sole 0 49000
BANK PLUS CORP com 064446107 524 133150 SH sole 0 133150
Bank Plus Sr Nt 7% com 064446AA5 205 250000 SH sole 0 250000
Bank United com 065412108 1521 30000 SH sole 0 30000
BankAtlantic Bancrp com 065908501 217 51750 SH sole 0 51750
Banknorth Grp. com 06646R107 1519 85000 SH sole 0 85000
BankUnited Fin'l com 06652B103 450 61000 SH sole 0 61000
Banyan Hotel Inv com 06682N101 28 81000 SH sole 0 81000
Barnett, Inc. com 068062108 914 70000 SH sole 0 70000
Bay State Bcorp com 072611106 994 41200 SH sole 0 41200
Bayview com 07262L101 215 20000 SH sole 0 20000
Bestfoods com 08358U101 3638 50000 SH sole 0 50000
Berkshire Hathaway com 084670108 4186 65 SH sole 0 65
Berkshire Hills com 084680107 1926 134000 SH sole 0 134000
BindView Developmnt com 090327107 182 24130 SH sole 0 24130
BostonFed Bcorp com 101178101 1592 74700 SH sole 0 74700
CFS Bancorp com 12525D102 768 74500 SH sole 0 74500
Camden National com 133034108 228 14500 SH sole 0 14500
Capital Automotive com 139733109 23983 1844815 SH sole 0 1844815
Catskill Fin. com 149348104 973 43000 SH sole 0 43000
Charter One Fin. com 160903100 1978 81150 SH sole 0 81150
Chase Manhatt Bk com 16161A108 6235 167750 SH sole 0 167750
Circle Fin. com 172574105 920 30400 SH sole 0 30400
Citigroup com 172967101 1694 86832 SH sole 0 86832
Clear Channel com 184502102 2656 47000 SH sole 0 47000
Coastal Bancorp com 19041P105 313 17500 SH sole 0 17500
Coastal Corp com 190441105 3706 50000 SH sole 0 50000
Cobalt Networks com 19074R101 1395 24100 SH sole 0 24100
Comerica Inc com 200340107 877 15000 SH sole 0 15000
Commerce One com 200693109 5275 67200 SH sole 0 67200
Commercial Fed com 201647104 727 38000 SH sole 0 38000
Connecticut Banc com 207540105 1638 86500 SH sole 0 86500
CoStar Group com 22160N109 629 17000 SH sole 0 17000
Crescent Operating com 22575M100 23 19000 SH sole 0 19000
Cysive com 23281T108 441 66000 SH sole 0 66000
Delhaize Amer. com 246688105 263 15074 SH sole 0 15074
Detroit Diesel com 250837101 456 20000 SH sole 0 20000
Dexter Corp. com 252165105 296 4000 SH sole 0 4000
Dime Bancorp com 25429Q102 2997 139000 SH sole 0 139000
DLJ com 257661108 3399 38000 SH sole 0 38000
Dover Downs Ent com 260086103 470 35000 SH sole 0 35000
Downey Fin'l Corp com 261018105 1161 29400 SH sole 0 29400
Eastern Enterprises com 27637F100 3286 51500 SH sole 0 51500
Encompass Services com 29255U104 405 49901 SH sole 0 49901
Eskimo Pie com 296443104 636 62000 SH sole 0 62000
FBR Asset Inv com 30241E303 3793 244700 SH sole 0 244700
Fair Isaac & Co com 303250104 427 10000 SH sole 0 10000
Freddie Mac com 313400301 5514 102000 SH sole 0 102000
Fannie Mae com 313586109 1966 27500 SH sole 0 27500
Fidelity National com 316326107 866 35000 SH sole 0 35000
First Bell Bcp com 319301107 772 50600 SH sole 0 50600
First Defiance com 32006W106 576 64000 SH sole 0 64000
First Fed Bkshr-AK com 32020F105 336 17700 SH sole 0 17700
First Keystone com 320655103 836 81600 SH sole 0 81600
First Place Fin'l com 33610T109 1370 124500 SH sole 0 124500
First Security Corp com 336294103 2692 165000 SH sole 0 165000
First Security Fed com 336392105 288 19200 SH sole 0 19200
First Svgs Bk-WA com 33748T104 675 43000 SH sole 0 43000
First Union Corp com 337358105 5182 161000 SH sole 0 161000
First Wash. Rlty com 337489504 2030 80000 SH sole 0 80000
FirstFed America com 337929103 798 56500 SH sole 0 56500
FirstFed Fin'l Corp com 337907109 2433 105800 SH sole 0 105800
FleetBoston Fin'l com 338915101 1131 29000 SH sole 0 29000
Fleet Boston Fin. com 339030108 2652 68000 SH sole 0 68000
Flusing Finl com 343873105 549 34600 SH sole 0 34600
Forcenery com 345206205 1134 43400 SH sole 0 43400
Fort James Corp. com 347471104 2170 71000 SH sole 0 71000
4Front Tech. com 351042106 364 20000 SH sole 0 20000
GA Financial com 361437106 224 16000 SH sole 0 16000
Georgia Pacific com 373298702 1045 38900 SH sole 0 38900
Getthere com 374266104 354 20000 SH sole 0 20000
Giga Information com 37517M109 204 38666 SH sole 0 38666
Golden State Bancrp com 381197102 3756 158985 SH sole 0 158985
Golden State Bancrp rts 381197136 16 13100 SH sole 0 13100
Golden State Bcorp com 381197102 213 9000 SH sole 0 9000
Golden West Fin. com 381317106 3378 63000 SH sole 0 63000
GO2NET com 383486107 1753 32300 SH sole 0 32300
Grove Property Trst com 399613108 878 53200 SH sole 0 53200
HMN Fin'l com 40424G108 290 23300 SH sole 0 23300
HSB Group com 40428N109 401 10000 SH sole 0 10000
Hudson United com 404382103 276 10000 SH sole 0 10000
Hain Food Group com 405217100 1120 31875 SH sole 0 31875
Harris Fin'l com 414541102 328 42300 SH sole 0 42300
Haven Bancorp com 419352109 949 32300 SH sole 0 32300
Hawthorne Fin'l com 420542102 544 45800 SH sole 0 45800
Hibernia Corp. com 428656102 3289 268500 SH sole 0 268500
Highland Federal com 429879109 518 20500 SH sole 0 20500
Hingham Inst Svgs com 433323102 1395 95400 SH sole 0 95400
Homestead Bancorp com 437698103 139 15000 SH sole 0 15000
Host Funding com 441072105 23 20000 SH sole 0 20000
Hudson River com 444128102 214 16400 SH sole 0 16400
ITLA Capital Corp com 450565106 5591 377450 SH sole 0 377450
Imperial Cred Indu com 452729106 311 195240 SH sole 0 195240
Independence com 453414104 336 24000 SH sole 0 24000
Infinity Broadcstng com 45662S102 990 30000 SH sole 0 30000
Innsuites Hosp com 457919108 44 20000 SH sole 0 20000
Intermedia Comm. com 458801107 2065 70000 SH sole 0 70000
International Paper com 460146103 761 26524 SH sole 0 26524
Int'l Speedway-A com 460335201 454 11650 SH sole 0 11650
Int'l Speedway-B com 460335300 732 19000 SH sole 0 19000
Ipalco Ent. com 462613100 499 21800 SH sole 0 21800
I2 Technologies com 465754109 4901 26200 SH sole 0 26200
Jacksonville Bcorp com 469248108 1009 70200 SH sole 0 70200
Janna Systems com 470916107 2207 40000 SH sole 0 40000
JDS Uniphase com 46612J101 270 2850 SH sole 0 2850
Jefferson Savings com 474900107 728 53400 SH sole 0 53400
Johns Manville Corp com 478129109 792 70000 SH sole 0 70000
Key Energy com 492914106 98 10000 SH sole 0 10000
Keycorp com 493267108 582 23000 SH sole 0 23000
KEYCORP com 493267108 3923 155000 SH sole 0 155000
Klamath First com 49842P103 947 74300 SH sole 0 74300
Knight Trimark Gp com 499067106 288 8000 SH sole 0 8000
Lante com 516540101 300 60000 SH sole 0 60000
Lawrence Savings com 520341108 862 98500 SH sole 0 98500
Liberte Investor com 530154103 50 16000 SH sole 0 16000
LifeMinders com 53219H108 15233 664091 SH sole 0 664091
Lincoln Bancor com 532879103 123 10300 SH sole 0 10300
Local Financial com 539553107 3944 415200 SH sole 0 415200
Logansport Fin'l com 541209102 584 51900 SH sole 0 51900
London Pacific com 542073101 239 12000 SH sole 0 12000
Lycos com 550818108 2579 37500 SH sole 0 37500
MCSI, Inc. com 55270M108 2832 84219 SH sole 0 84219
MMC Networks com 55308N102 3163 25000 SH sole 0 25000
Mallinckrodt Inc. com 561232109 2897 63500 SH sole 0 63500
Markel Corp com 570535104 2049 13500 SH sole 0 13500
Mascotech com 574670105 1408 85000 SH sole 0 85000
Medford Bcorp com 584131106 332 20600 SH sole 0 20600
Meditrust Co com 58501T306 54 18500 SH sole 0 18500
MEGO Fin. com 585162100 969 209440 SH sole 0 209440
Mellon Bank com 585509102 371 8000 SH sole 0 8000
Librty Self-Storage com 589949106 14 77000 SH sole 0 77000
Micros Systems com 594901100 271 18000 SH sole 0 18000
JP Morgan com 616880100 8822 54000 SH sole 0 54000
Mutual First Finl com 62845B104 1596 119300 SH sole 0 119300
Nabisco Group com 62952P102 2366 83000 SH sole 0 83000
Nabisco Holdings com 629526104 3655 68000 SH sole 0 68000
National City Corp com 635405103 4292 194000 SH sole 0 194000
Network Access Sol. com 64120S109 13386 3245000 SH sole 0 3245000
Niagra Mohawk Hldgs com 653520106 630 40000 SH sole 0 40000
Noble Affiliates com 654894104 743 20000 SH sole 0 20000
Nogatech Inc. com 654919109 85 10000 SH sole 0 10000
North Central Bksh com 658418108 722 42600 SH sole 0 42600
North Fork Banc com 659424105 6260 289500 SH sole 0 289500
NE Penn Fin'l com 663905107 539 47900 SH sole 0 47900
Northrim Bank com 666764105 134 16500 SH sole 0 16500
NVEST, LP com 67065F107 1571 39900 SH sole 0 39900
OpenTV Corp com G67543101 333 9992 SH sole 0 9992
Oswego County com 688636109 140 13050 SH sole 0 13050
Ottowa Fin. com 689389104 857 30000 SH sole 0 30000
PFF Bancorp com 69331W104 646 29700 SH sole 0 29700
PMI Group com 69344M101 271 4000 SH sole 0 4000
PNC Bank Corp com 693475105 845 13000 SH sole 0 13000
Pacific Cent Fin'l com 694058108 608 35500 SH sole 0 35500
Pacific Crest com 694166109 827 58800 SH sole 0 58800
Pacific Union Bk com 695025106 1078 115000 SH sole 0 115000
Paine Webber Grp com 695629105 3338 49000 SH sole 0 49000
Parkvale Fin'l com 701492100 499 27700 SH sole 0 27700
PartnerRe Ltd com G6852T105 474 10000 SH sole 0 10000
Penn Nat'l Gaming com 707569109 2663 175000 SH sole 0 175000
Pennfed Fin'l com 708167101 1607 104500 SH sole 0 104500
Pfizer com 717081103 3150 70100 SH sole 0 70100
Phoenix Inv. Part. com 719085102 543 35000 SH sole 0 35000
Pioneer Group com 723684106 1099 25000 SH sole 0 25000
Pocahontas Banc com 730234101 776 102600 SH sole 0 102600
Port Financial com 734119100 1393 78500 SH sole 0 78500
Prime Ret Ser 10.5 prf 741570204 544 78400 SH sole 0 78400
Providence Energy com 743743106 2143 50500 SH sole 0 50500
Provident Fin Hldgs com 743868101 604 31900 SH sole 0 31900
PSINet com 74437C101 856 88900 SH sole 0 88900
Quaker City Bcp com 74731K106 1903 99200 SH sole 0 99200
R&B Falcon Corp. com 74912E101 1115 40000 SH sole 0 40000
R&G Financial com 749136107 657 68210 SH sole 0 68210
Radio Logix com 75040K109 108 17800 SH sole 0 17800
Resource America com 761195205 6969 819830 SH sole 0 819830
Resource Asset Inv com 761196104 4342 344575 SH sole 0 344575
Riggs National Corp com 766570105 245 20000 SH sole 0 20000
SDL, Inc. com 784076101 231 750 SH sole 0 750
SLM Holdings Corp com 78442A109 1687 35000 SH sole 0 35000
S1 Corp com 78463B101 561 47000 SH sole 0 47000
Charles Schwab com 808513105 1092 30750 SH sole 0 30750
Satcon Tech Corp com 809893106 358 10000 SH sole 0 10000
Seacoast Financial com 81170Q106 1461 132780 SH sole 0 132780
Seagate Tech. com 811804103 3933 57000 SH sole 0 57000
Seagram Company com 811850106 1149 20000 SH sole 0 20000
Shaws Industries com 820286102 1943 105000 SH sole 0 105000
Smallworld Plc com 83168P108 396 20000 SH sole 0 20000
Smurfit Stone Cont. com 832727101 384 32000 SH sole 0 32000
Software.com com 83402P104 3266 18000 SH sole 0 18000
Southdown com 841297104 1069 15000 SH sole 0 15000
Sovereign Bancorp com 845905108 925 100000 SH sole 0 100000
Sterling Fin. com 859319105 359 31600 SH sole 0 31600
Summit Bcorp com 866005101 311 9000 SH sole 0 9000
Suntrust Banks com 867914103 996 20000 SH sole 0 20000
Symmetricom com 871543104 21875 140000 SH sole 0 140000
Tech Sym Corp. com 878308105 1422 47500 SH sole 0 47500
Telefonica SA com 879382208 5517 92820 SH sole 0 92820
Texarcana First Fin com 881801104 715 31400 SH sole 0 31400
Texas Instruments com 882508104 1595 33800 SH sole 0 33800
Thistle Group com 88431E103 159 20500 SH sole 0 20500
Thornburg Mtg com 885218107 893 95200 SH sole 0 95200
Timberland Bancorp com 887098101 818 68200 SH sole 0 68200
Time Warner com 887315109 1682 21500 SH sole 0 21500
Tucker Anthony com 898647102 254 10000 SH sole 0 10000
II VI Inc. com 902104108 1307 70000 SH sole 0 70000
U.S. Bancorp com 902973106 5255 231000 SH sole 0 231000
US Can Corp. com 90328W105 3150 159000 SH sole 0 159000
Umpqua Holdings com 904214103 78 10000 SH sole 0 10000
Union Carbide Corp. com 905581104 2416 64000 SH sole 0 64000
Union Planters Corp com 908068109 2390 72300 SH sole 0 72300
Unionbancal Corp com 908906100 583 25000 SH sole 0 25000
Varsity Group, Inc. com 922300108 868 992063 SH sole 0 992063
Verizon Comm. com 92343V104 2364 48800 SH sole 0 48800
Videotron Group com 92558H105 1039 35000 SH sole 0 35000
Voicestream Wireles com 928615103 3714 32000 SH sole 0 32000
Washington Fed com 938824109 3390 149000 SH sole 0 149000
Washington Mutual com 939322103 3945 99100 SH sole 0 99100
WebMethods, Inc. com 94768C108 316238 2746907 SH sole 0 2746907
WEBMD com 94769M105 2612 171250 SH sole 0 171250
Webster Fin. Grp. com 947890109 2047 76000 SH sole 0 76000
Webvan com 94845V103 24 10214 SH sole 0 10214
Wells Fargo com 949746101 2320 50500 SH sole 0 50500
Westburne com 956908107 682 45000 SH sole 0 45000
Woronoco Savings com 981630106 787 62000 SH sole 0 62000
Wyndham Hotel com 983101106 45 25000 SH sole 0 25000
Young and Rubicam com 987425105 2228 45000 SH sole 0 45000
ZDNet Group com 989511209 928 66000 SH sole 0 66000
