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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
INFORMATION REQUIRED OF INSTITUTIONAL INVESTMENT MANAGERS PURSUANT TO
SECTION 13(f) OF THE SECURITIES EXCHANGE ACT OF 1934 AND RULES THEREUNDER
Report for the Calendar Year or Quarter Ended DECEMBER 31, 1999.
(PLEASE READ INSTRUCTIONS BEFORE PREPARING FORM.)
If amended report check here: [ ]
DEPRINCE, RACE & ZOLLO, INC.
- --------------------------------------------------------------------------------
Name of Institutional Investment Manager
201 SOUTH ORANGE AVE., SUITE 850, ORLANDO, FLORIDA 32801
- --------------------------------------------------------------------------------
Business Address (Street) (City) (State) (Zip)
JOHN D. RACE, PARTNER
- --------------------------------------------------------------------------------
Name, Phone No., and Title of Person Duly Authorized to Submit This Report.
ATTENTION
INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACTS CONSTITUTE FEDERAL CRIMINAL
VIOLATIONS.
SEE 18 U.S.C. 1001 AND 15 U.S.C 78FF(a).
The institutional investment manager submitting this Form and its
attachments and the person by whom it is signed represent hereby that all
information contained therein is true, correct and complete. It is understood
that all required items, statements and schedules are considered integral parts
of this Form and that the submission of any amendment represents that all
unamended items, statements and schedules remain true, correct and complete
as previously submitted.
Pursuant to the requirements of Securities Exchange Act of 1934, the
undersigned institutional investment manager has caused this report to be
signed on its behalf in the City of ORLANDO and State of FLORIDA on the 10th
day of FEBRUARY, 1999.
JOHN D. RACE
----------------------------------------
(Name of Institional Investment Manager)
/s/ JOHN D. RACE
-----------------------------------------
(Manual Signature of Person Duly
Authorized to Submit This Report)
Name and 13F file numbers of ALL Insitutional Investment Managers with respect
to which this schedule is filled (other than the one filing this report):
(LIST IN ALPHABETICAL ORDER).
13F File Numbers will be assigned to Institutional Investment Managers after
they file their first report.
Name:___________________ 13F File No.: Name:______________________ 13F File No.
1.______________________ _____________ 6._________________________ _____________
2.______________________ _____________ 7._________________________ _____________
3.______________________ _____________ 8._________________________ _____________
4.______________________ _____________ 9._________________________ _____________
5.______________________ _____________10._________________________ _____________
SEC 1685 (5/91)
<PAGE>
Page 1 of 11
FORM 13 F
Name of Reporting Manager DePrince, Race & Zollo, Inc.
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
ITEM 5:
ITEM 2: ITEM 3: SHARES OF
ITEM 1: TITLE OF CUSIP ITEM 4: PRINCIPAL
NAME OF ISSUER CLASS NUMBER FAIR MARKET VALUE AMOUNT
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
AAR CORP COM COM 000361105 8,097 451,400
- -----------------------------------------------------------------------------------------------------------------------------------
ABBOTT LABS COM COM 002824100 13,606 374,700
- -----------------------------------------------------------------------------------------------------------------------------------
AK STL HLDG CORP COM COM 001547108 11,910 631,000
- -----------------------------------------------------------------------------------------------------------------------------------
ALLSTATE CORP COM COM 020002101 15,032 624,700
- -----------------------------------------------------------------------------------------------------------------------------------
AMERICA ONLINE INC DEL COM COM 02364J104 1,077 14,200
- -----------------------------------------------------------------------------------------------------------------------------------
AMERICAN EXPRESS CO COM COM 025816109 748 4,500
- -----------------------------------------------------------------------------------------------------------------------------------
AMERICAN HOME PRODS CP COM COM 026609107 11,320 288,400
- -----------------------------------------------------------------------------------------------------------------------------------
AMERICAN INTL GROUP COM COM 026874107 1,333 12,325
- -----------------------------------------------------------------------------------------------------------------------------------
ANNALY MTG MGMT INC COM COM 035710409 6,949 794,200
- -----------------------------------------------------------------------------------------------------------------------------------
APPLIED MATERIALS COM 038222105 557 4,400
- -----------------------------------------------------------------------------------------------------------------------------------
ASTRO-MED INC NEW COM COM 04638f108 644 105,074
- -----------------------------------------------------------------------------------------------------------------------------------
BAKER HUGHES INC COM COM 057224107 6,108 290,000
- -----------------------------------------------------------------------------------------------------------------------------------
BANK OF AMERICA CORP COM 060505104 19,012 378,817
- -----------------------------------------------------------------------------------------------------------------------------------
BANK UTD CORP CL A CLA 065412108 6,889 252,800
- -----------------------------------------------------------------------------------------------------------------------------------
BAXTER INTL INC COM COM 071813109 21,139 336,541
- -----------------------------------------------------------------------------------------------------------------------------------
BESTFOODS COM COM 08658U101 22,229 422,899
- -----------------------------------------------------------------------------------------------------------------------------------
BLOCK DRUG INC COM 093644102 3,244 104,633
- -----------------------------------------------------------------------------------------------------------------------------------
BLOCK H & R INC COM COM 093671105 10,062 230,000
- -----------------------------------------------------------------------------------------------------------------------------------
BMC SOFTWARE INC COM COM 055921100 600 7,500
- -----------------------------------------------------------------------------------------------------------------------------------
BOISE CASCADE CORP COM COM 097383103 20,825 514,200
- -----------------------------------------------------------------------------------------------------------------------------------
Column Total 181,381
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
ITEM 6: ITEM 8:
INVESTMENT DISCRETION VOTING AUTHORITY (SHARES)
-------------------------- ITEM 7: -----------------------------------------
(b) SHARED (c) MANAGERS
ITEM 1: (a) AS DEFINED SHARED SEE INSTR.
NAME OF ISSUER SOLE IN INSTR. V OTHER V (a) SOLE (b) SHARED (c) NONE
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
AAR CORP COM X 451,400
- ------------------------------------------------------------------------------------------------------------------------------------
ABBOTT LABS COM X 374,700
- ------------------------------------------------------------------------------------------------------------------------------------
AK STL HLDG CORP COM X 631,000
- ------------------------------------------------------------------------------------------------------------------------------------
ALLSTATE CORP COM X 624,700
- ------------------------------------------------------------------------------------------------------------------------------------
AMERICA ONLINE INC DEL COM X 14,200
- ------------------------------------------------------------------------------------------------------------------------------------
AMERICAN EXPRESS CO COM X 4,500
- ------------------------------------------------------------------------------------------------------------------------------------
AMERICAN HOME PRODS CP COM X 288,400
- ------------------------------------------------------------------------------------------------------------------------------------
AMERICAN INTL GROUP COM X 12,325
- ------------------------------------------------------------------------------------------------------------------------------------
ANNALY MTG MGMT INC COM X 794,200
- ------------------------------------------------------------------------------------------------------------------------------------
APPLIED MATERIALS X 4,400
- ------------------------------------------------------------------------------------------------------------------------------------
ASTRO-MED INC NEW COM X 105,074
- ------------------------------------------------------------------------------------------------------------------------------------
BAKER HUGHES INC COM X 290,000
- ------------------------------------------------------------------------------------------------------------------------------------
BANK OF AMERICA CORP X 378,817
- ------------------------------------------------------------------------------------------------------------------------------------
BANK UTD CORP CL A X 252,800
- ------------------------------------------------------------------------------------------------------------------------------------
BAXTER INTL INC COM X 336,541
- ------------------------------------------------------------------------------------------------------------------------------------
BESTFOODS COM X 422,899
- ------------------------------------------------------------------------------------------------------------------------------------
BLOCK DRUG INC X 104,633
- ------------------------------------------------------------------------------------------------------------------------------------
BLOCK H & R INC COM X 230,000
- ------------------------------------------------------------------------------------------------------------------------------------
BMC SOFTWARE INC COM X 7,500
- ------------------------------------------------------------------------------------------------------------------------------------
BOISE CASCADE CORP COM X 514,200
- ------------------------------------------------------------------------------------------------------------------------------------
Column Total
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 2 of 11
FORM 13 F
Name of Reporting Manager DePrince, Race & Zollo, Inc.
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
ITEM 5:
ITEM 2: ITEM 3: SHARES OF
ITEM 1: TITLE OF CUSIP ITEM 4: PRINCIPAL
NAME OF ISSUER CLASS NUMBER FAIR MARKET VALUE AMOUNT
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
BOWATER INC COM COM 102183100 15,680 288,700
- -----------------------------------------------------------------------------------------------------------------------------------
BRISTOL MYERS SQUIBB COM COM 110122108 1,040 16,200
- -----------------------------------------------------------------------------------------------------------------------------------
BURLINGTON NRTHN SANTA COM COM 12189T104 18,171 749,300
- -----------------------------------------------------------------------------------------------------------------------------------
CALLAWAY GOLF COM 131193104 3,242 183,300
- -----------------------------------------------------------------------------------------------------------------------------------
CARAUSTAR INDS COM 140909102 10,152 423,000
- -----------------------------------------------------------------------------------------------------------------------------------
CARNIVAL CORP CL A CLA 143658102 880 18,400
- -----------------------------------------------------------------------------------------------------------------------------------
CATO CORP NEW CL A CLA 149205106 17,335 1,373,100
- -----------------------------------------------------------------------------------------------------------------------------------
CENTURY ALUM CO COM COM 156431108 9,232 615,500
- -----------------------------------------------------------------------------------------------------------------------------------
CHUBB CORP COM COM 171232101 24,081 427,634
- -----------------------------------------------------------------------------------------------------------------------------------
CINERGY CORP COM COM 172474108 14,700 614,100
- -----------------------------------------------------------------------------------------------------------------------------------
CISCO SYS INC COM COM 17275R102 1,275 11,900
- -----------------------------------------------------------------------------------------------------------------------------------
COCA COLA CO COM COM 191216100 1,060 18,200
- -----------------------------------------------------------------------------------------------------------------------------------
COHU INC COM COM 192576106 2,756 88,900
- -----------------------------------------------------------------------------------------------------------------------------------
COLLINS INDS INC COM COM 194858106 205 41,100
- -----------------------------------------------------------------------------------------------------------------------------------
COLUMBIA ENERGY GROUP COM COM 197648108 10,658 168,500
- -----------------------------------------------------------------------------------------------------------------------------------
COMMERCIAL FEDERAL CP COM COM 201647104 8,240 462,600
- -----------------------------------------------------------------------------------------------------------------------------------
COMMERCIAL INTERTECH COM COM 201709102 1,252 98,200
- -----------------------------------------------------------------------------------------------------------------------------------
COOPER INDS INC COM COM 216669101 17,704 437,800
- -----------------------------------------------------------------------------------------------------------------------------------
COOPER TIRE & RUBR CO COM COM 216831107 9,748 618,900
- -----------------------------------------------------------------------------------------------------------------------------------
COSTCO WHOSALE CORP COM 22160k105 958 10,500
- -----------------------------------------------------------------------------------------------------------------------------------
Column Total 168,369
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
ITEM 6: ITEM 8:
INVESTMENT DISCRETION VOTING AUTHORITY (SHARES)
-------------------------- ITEM 7: -----------------------------------------
(b) SHARED (c) MANAGERS
ITEM 1: (a) AS DEFINED SHARED SEE INSTR.
NAME OF ISSUER SOLE IN INSTR. V OTHER V (a) SOLE (b) SHARED (c) NONE
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
BOWATER INC COM X 288,700
- ------------------------------------------------------------------------------------------------------------------------------------
BRISTOL MYERS SQUIBB COM X 16,200
- ------------------------------------------------------------------------------------------------------------------------------------
BURLINGTON NRTHN SANTA COM X 749,300
- ------------------------------------------------------------------------------------------------------------------------------------
CALLAWAY GOLF X 183,300
- ------------------------------------------------------------------------------------------------------------------------------------
CARAUSTAR INDS X 423,000
- ------------------------------------------------------------------------------------------------------------------------------------
CARNIVAL CORP CL A X 18,400
- ------------------------------------------------------------------------------------------------------------------------------------
CATO CORP NEW CL A X 1,373,100
- ------------------------------------------------------------------------------------------------------------------------------------
CENTURY ALUM CO COM X 615,500
- ------------------------------------------------------------------------------------------------------------------------------------
CHUBB CORP COM X 427,634
- ------------------------------------------------------------------------------------------------------------------------------------
CINERGY CORP COM X 614,100
- ------------------------------------------------------------------------------------------------------------------------------------
CISCO SYS INC COM X 11,900
- ------------------------------------------------------------------------------------------------------------------------------------
COCA COLA CO COM X 18,200
- ------------------------------------------------------------------------------------------------------------------------------------
COHU INC COM X 88,900
- ------------------------------------------------------------------------------------------------------------------------------------
COLLINS INDS INC COM X 41,100
- ------------------------------------------------------------------------------------------------------------------------------------
COLUMBIA ENERGY GROUP COM X 168,500
- ------------------------------------------------------------------------------------------------------------------------------------
COMMERCIAL FEDERAL CP COM X 462,600
- ------------------------------------------------------------------------------------------------------------------------------------
COMMERCIAL INTERTECH COM X 98,200
- ------------------------------------------------------------------------------------------------------------------------------------
COOPER INDS INC COM X 437,800
- ------------------------------------------------------------------------------------------------------------------------------------
COOPER TIRE & RUBR CO COM X 618,900
- ------------------------------------------------------------------------------------------------------------------------------------
COSTCO WHOSALE CORP X 10,500
- ------------------------------------------------------------------------------------------------------------------------------------
Column Total
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 3 of 11
FORM 13 F
Name of Reporting Manager DePrince, Race & Zollo, Inc.
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
ITEM 5:
ITEM 2: ITEM 3: SHARES OF
ITEM 1: TITLE OF CUSIP ITEM 4: PRINCIPAL
NAME OF ISSUER CLASS NUMBER FAIR MARKET VALUE AMOUNT
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
COURIER CORP COM COM 222660102 315 13,250
- -----------------------------------------------------------------------------------------------------------------------------------
CVS CORP COM COM 126650100 750 18,800
- -----------------------------------------------------------------------------------------------------------------------------------
DAIN RAUSCHER CORP COM COM 233856103 3,283 70,600
- -----------------------------------------------------------------------------------------------------------------------------------
DATA RESH ASSOC INC COM COM 237853106 274 34,300
- -----------------------------------------------------------------------------------------------------------------------------------
DEAN FOODS CO COM COM 242361103 18,531 466,200
- -----------------------------------------------------------------------------------------------------------------------------------
DELL COMPUTER CORP COM COM 247025109 1,010 19,800
- -----------------------------------------------------------------------------------------------------------------------------------
DONNELLY CORP CL A CLA 257870105 288 20,600
- -----------------------------------------------------------------------------------------------------------------------------------
E M C CORP MASS COM COM 268648102 841 7,700
- -----------------------------------------------------------------------------------------------------------------------------------
EASTERN CO COM COM 276317104 554 35,450
- -----------------------------------------------------------------------------------------------------------------------------------
EASTMAN KODAK CO COM COM 277461109 19,002 286,826
- -----------------------------------------------------------------------------------------------------------------------------------
EDWARDS AG INC COM COM 281760108 14,800 461,600
- -----------------------------------------------------------------------------------------------------------------------------------
EMERSON ELEC CO COM COM 291011104 21,122 368,141
- -----------------------------------------------------------------------------------------------------------------------------------
ENGLE HOMES INC COM COM 292896107 290 24,200
- -----------------------------------------------------------------------------------------------------------------------------------
ENNIS BUSINESS FORMS COM COM 293389102 3,580 462,000
- -----------------------------------------------------------------------------------------------------------------------------------
EXXON MOBIL CORP COM COM 30231g102 21,077 261,621
- -----------------------------------------------------------------------------------------------------------------------------------
FALCON PRODS INC COM COM 306075102 358 41,500
- -----------------------------------------------------------------------------------------------------------------------------------
FEDERAL NATL MTG ASSN COM COM 313586109 724 11,600
- -----------------------------------------------------------------------------------------------------------------------------------
FIRST UN CORP COM COM 337358105 10,886 330,500
- -----------------------------------------------------------------------------------------------------------------------------------
FIRST VA BANKS INC COM COM 337477103 10,287 239,240
- -----------------------------------------------------------------------------------------------------------------------------------
FLOWERS INDS INC COM COM 343496105 10,955 687,400
- -----------------------------------------------------------------------------------------------------------------------------------
Column Total 138,927
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
ITEM 6: ITEM 8:
INVESTMENT DISCRETION VOTING AUTHORITY (SHARES)
-------------------------- ITEM 7: -----------------------------------------
(b) SHARED (c) MANAGERS
ITEM 1: (a) AS DEFINED SHARED SEE INSTR.
NAME OF ISSUER SOLE IN INSTR. V OTHER V (a) SOLE (b) SHARED (c) NONE
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
COURIER CORP COM X 13,250
- ------------------------------------------------------------------------------------------------------------------------------------
CVS CORP COM X 18,800
- ------------------------------------------------------------------------------------------------------------------------------------
DAIN RAUSCHER CORP COM X 70,600
- ------------------------------------------------------------------------------------------------------------------------------------
DATA RESH ASSOC INC COM X 34,300
- ------------------------------------------------------------------------------------------------------------------------------------
DEAN FOODS CO COM X 466,200
- ------------------------------------------------------------------------------------------------------------------------------------
DELL COMPUTER CORP COM X 19,800
- ------------------------------------------------------------------------------------------------------------------------------------
DONNELLY CORP CL A X 20,600
- ------------------------------------------------------------------------------------------------------------------------------------
E M C CORP MASS COM X 7,700
- ------------------------------------------------------------------------------------------------------------------------------------
EASTERN CO COM X 35,450
- ------------------------------------------------------------------------------------------------------------------------------------
EASTMAN KODAK CO COM X 286,826
- ------------------------------------------------------------------------------------------------------------------------------------
EDWARDS AG INC COM X 461,600
- ------------------------------------------------------------------------------------------------------------------------------------
EMERSON ELEC CO COM X 368,141
- ------------------------------------------------------------------------------------------------------------------------------------
ENGLE HOMES INC COM X 24,200
- ------------------------------------------------------------------------------------------------------------------------------------
ENNIS BUSINESS FORMS COM X 462,000
- ------------------------------------------------------------------------------------------------------------------------------------
EXXON MOBIL CORP COM X 261,621
- ------------------------------------------------------------------------------------------------------------------------------------
FALCON PRODS INC COM X 41,500
- ------------------------------------------------------------------------------------------------------------------------------------
FEDERAL NATL MTG ASSN COM X 11,600
- ------------------------------------------------------------------------------------------------------------------------------------
FIRST UN CORP COM X 330,500
- ------------------------------------------------------------------------------------------------------------------------------------
FIRST VA BANKS INC COM X 239,240
- ------------------------------------------------------------------------------------------------------------------------------------
FLOWERS INDS INC COM X 687,400
- ------------------------------------------------------------------------------------------------------------------------------------
Column Total
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 4 of 11
FORM 13 F
Name of Reporting Manager DePrince, Race & Zollo, Inc.
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
ITEM 5:
ITEM 2: ITEM 3: SHARES OF
ITEM 1: TITLE OF CUSIP ITEM 4: PRINCIPAL
NAME OF ISSUER CLASS NUMBER FAIR MARKET VALUE AMOUNT
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
FORTUNE BRANDS COM 349631101 1,794 54,269
- -----------------------------------------------------------------------------------------------------------------------------------
FREDS INC CL A CLA 356108100 8,453 530,400
- -----------------------------------------------------------------------------------------------------------------------------------
FSF FINL CORP COM COM 30262k105 173 14,100
- -----------------------------------------------------------------------------------------------------------------------------------
GAP INC DEL COM COM 364760108 1,140 24,775
- -----------------------------------------------------------------------------------------------------------------------------------
GARAN INC COM COM 364802108 13,514 472,100
- -----------------------------------------------------------------------------------------------------------------------------------
GENERAL CABLE DEL NEW COM COM 369300108 5,432 718,300
- -----------------------------------------------------------------------------------------------------------------------------------
GENERAL ELEC CO COM COM 369604103 1,981 12,800
- -----------------------------------------------------------------------------------------------------------------------------------
GEON CO COM COM 37246W105 13,302 409,300
- -----------------------------------------------------------------------------------------------------------------------------------
GIANT INDS INC COM COM 374508109 5,258 627,800
- -----------------------------------------------------------------------------------------------------------------------------------
GILLETTE CO COM COM 375766102 811 19,700
- -----------------------------------------------------------------------------------------------------------------------------------
GRAINGER W W INC COM COM 384802104 26,096 545,800
- -----------------------------------------------------------------------------------------------------------------------------------
GTE CORP COM 362320103 16,020 227,035
- -----------------------------------------------------------------------------------------------------------------------------------
HAVEN BANCORP INC COM COM 419352109 12,928 837,450
- -----------------------------------------------------------------------------------------------------------------------------------
HEALTHPLAN SVCS CORP COM COM 421959107 10,388 2,967,900
- -----------------------------------------------------------------------------------------------------------------------------------
HEILIG MEYERS CO COM COM 422893107 5,689 2,068,900
- -----------------------------------------------------------------------------------------------------------------------------------
HEINZ H J CO COM COM 423074103 19,415 487,660
- -----------------------------------------------------------------------------------------------------------------------------------
HELIX TECHNOLOGY CORP COM COM 423319102 41,107 917,300
- -----------------------------------------------------------------------------------------------------------------------------------
HERCULES INC COM COM 427056106 14,749 529,100
- -----------------------------------------------------------------------------------------------------------------------------------
HEWLETT PACKARD CO COM COM 428236103 1,001 8,800
- -----------------------------------------------------------------------------------------------------------------------------------
HOLLY CORP COM PAR $0.01 COM 435758305 11,740 881,900
- -----------------------------------------------------------------------------------------------------------------------------------
Column Total 210,991
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
ITEM 6: ITEM 8:
INVESTMENT DISCRETION VOTING AUTHORITY (SHARES)
-------------------------- ITEM 7: -----------------------------------------
(b) SHARED (c) MANAGERS
ITEM 1: (a) AS DEFINED SHARED SEE INSTR.
NAME OF ISSUER SOLE IN INSTR. V OTHER V (a) SOLE (b) SHARED (c) NONE
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
FORTUNE BRANDS X 54,269
- ------------------------------------------------------------------------------------------------------------------------------------
FREDS INC CL A X 530,400
- ------------------------------------------------------------------------------------------------------------------------------------
FSF FINL CORP COM X 14,100
- ------------------------------------------------------------------------------------------------------------------------------------
GAP INC DEL COM X 24,775
- ------------------------------------------------------------------------------------------------------------------------------------
GARAN INC COM X 472,100
- ------------------------------------------------------------------------------------------------------------------------------------
GENERAL CABLE DEL NEW COM X 718,300
- ------------------------------------------------------------------------------------------------------------------------------------
GENERAL ELEC CO COM X 12,800
- ------------------------------------------------------------------------------------------------------------------------------------
GEON CO COM X 409,300
- ------------------------------------------------------------------------------------------------------------------------------------
GIANT INDS INC COM X 627,800
- ------------------------------------------------------------------------------------------------------------------------------------
GILLETTE CO COM X 19,700
- ------------------------------------------------------------------------------------------------------------------------------------
GRAINGER W W INC COM X 545,800
- ------------------------------------------------------------------------------------------------------------------------------------
GTE CORP X 227,035
- ------------------------------------------------------------------------------------------------------------------------------------
HAVEN BANCORP INC COM X 837,450
- ------------------------------------------------------------------------------------------------------------------------------------
HEALTHPLAN SVCS CORP COM X 2,967,900
- ------------------------------------------------------------------------------------------------------------------------------------
HEILIG MEYERS CO COM X 2,068,900
- ------------------------------------------------------------------------------------------------------------------------------------
HEINZ H J CO COM X 487,660
- ------------------------------------------------------------------------------------------------------------------------------------
HELIX TECHNOLOGY CORP COM X 917,300
- ------------------------------------------------------------------------------------------------------------------------------------
HERCULES INC COM X 529,100
- ------------------------------------------------------------------------------------------------------------------------------------
HEWLETT PACKARD CO COM X 8,800
- ------------------------------------------------------------------------------------------------------------------------------------
HOLLY CORP COM PAR $0.01 X 881,900
- ------------------------------------------------------------------------------------------------------------------------------------
Column Total
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 5 of 11
FORM 13 F
Name of Reporting Manager DePrince, Race & Zollo, Inc.
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
ITEM 5:
ITEM 2: ITEM 3: SHARES OF
ITEM 1: TITLE OF CUSIP ITEM 4: PRINCIPAL
NAME OF ISSUER CLASS NUMBER FAIR MARKET VALUE AMOUNT
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
HOME DEPOT INC COM COM 437076102 1,743 25,350
- -----------------------------------------------------------------------------------------------------------------------------------
HONEYWELL INC COM COM 438516106 17,670 306,300
- -----------------------------------------------------------------------------------------------------------------------------------
HOWELL CORP COM COM 443051107 542 94,200
- -----------------------------------------------------------------------------------------------------------------------------------
HUBBELL INC CL B CLB 443510201 18,391 674,900
- -----------------------------------------------------------------------------------------------------------------------------------
HUNTINGTON BANCSHARES COM COM 446150104 4,652 194,860
- -----------------------------------------------------------------------------------------------------------------------------------
ICO INC COM NEW COM 449293109 1,597 1,064,600
- -----------------------------------------------------------------------------------------------------------------------------------
IMPAC MORTGAGE HOLDINGS INC COM 45254p102 2,863 694,150
- -----------------------------------------------------------------------------------------------------------------------------------
INGLES MKTS INC CL A CLA 457030104 5,718 514,000
- -----------------------------------------------------------------------------------------------------------------------------------
INSTEEL INDUSTRIES INC COM COM 45774W108 169 18,600
- -----------------------------------------------------------------------------------------------------------------------------------
INTEL CORP COM COM 458140100 1,589 19,300
- -----------------------------------------------------------------------------------------------------------------------------------
INTERNATIONAL BUSINESS MACHINE COM 459200101 1,618 15,000
- -----------------------------------------------------------------------------------------------------------------------------------
INTERNATIONAL FLAV&FRA COM COM 459506101 10,749 285,700
- -----------------------------------------------------------------------------------------------------------------------------------
INTERPUBLIC GROUP COS COM COM 460690100 1,142 19,800
- -----------------------------------------------------------------------------------------------------------------------------------
INTL PAPER CO COM COM 460146103 5,723 101,400
- -----------------------------------------------------------------------------------------------------------------------------------
ISB FINL CORP LA COM COM 450091103 8,951 651,000
- -----------------------------------------------------------------------------------------------------------------------------------
ITT INDS INC COM 450911102 21,089 630,700
- -----------------------------------------------------------------------------------------------------------------------------------
JEFFERSON PILOT COM 475070108 10,081 147,700
- -----------------------------------------------------------------------------------------------------------------------------------
JOHNSON & JOHNSON COM COM 478160104 895 9,600
- -----------------------------------------------------------------------------------------------------------------------------------
KEITHLEY INSTRS INC COM COM 487584104 467 22,900
- -----------------------------------------------------------------------------------------------------------------------------------
KENNAMETAL INC COM COM 489170100 5,057 150,400
- -----------------------------------------------------------------------------------------------------------------------------------
Column Total 120,706
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
ITEM 6: ITEM 8:
INVESTMENT DISCRETION VOTING AUTHORITY (SHARES)
-------------------------- ITEM 7: -----------------------------------------
(b) SHARED (c) MANAGERS
ITEM 1: (a) AS DEFINED SHARED SEE INSTR.
NAME OF ISSUER SOLE IN INSTR. V OTHER V (a) SOLE (b) SHARED (c) NONE
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
HOME DEPOT INC COM X 25,350
- ------------------------------------------------------------------------------------------------------------------------------------
HONEYWELL INC COM X 306,300
- ------------------------------------------------------------------------------------------------------------------------------------
HOWELL CORP COM X 94,200
- ------------------------------------------------------------------------------------------------------------------------------------
HUBBELL INC CL B X 674,900
- ------------------------------------------------------------------------------------------------------------------------------------
HUNTINGTON BANCSHARES COM X 194,860
- ------------------------------------------------------------------------------------------------------------------------------------
ICO INC COM NEW X 1,064,600
- ------------------------------------------------------------------------------------------------------------------------------------
IMPAC MORTGAGE HOLDINGS INC X 694,150
- ------------------------------------------------------------------------------------------------------------------------------------
INGLES MKTS INC CL A X 514,000
- ------------------------------------------------------------------------------------------------------------------------------------
INSTEEL INDUSTRIES INC COM X 18,600
- ------------------------------------------------------------------------------------------------------------------------------------
INTEL CORP COM X 19,300
- ------------------------------------------------------------------------------------------------------------------------------------
INTERNATIONAL BUSINESS MACHINE X 15,000
- ------------------------------------------------------------------------------------------------------------------------------------
INTERNATIONAL FLAV&FRA COM X 285,700
- ------------------------------------------------------------------------------------------------------------------------------------
INTERPUBLIC GROUP COS COM X 19,800
- ------------------------------------------------------------------------------------------------------------------------------------
INTL PAPER CO COM X 101,400
- ------------------------------------------------------------------------------------------------------------------------------------
ISB FINL CORP LA COM X 651,000
- ------------------------------------------------------------------------------------------------------------------------------------
ITT INDS INC X 630,700
- ------------------------------------------------------------------------------------------------------------------------------------
JEFFERSON PILOT X 147,700
- ------------------------------------------------------------------------------------------------------------------------------------
JOHNSON & JOHNSON COM X 9,600
- ------------------------------------------------------------------------------------------------------------------------------------
KEITHLEY INSTRS INC COM X 22,900
- ------------------------------------------------------------------------------------------------------------------------------------
KENNAMETAL INC COM X 150,400
- ------------------------------------------------------------------------------------------------------------------------------------
Column Total
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 6 of 11
FORM 13 F
Name of Reporting Manager DePrince, Race & Zollo, Inc.
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
ITEM 5:
ITEM 2: ITEM 3: SHARES OF
ITEM 1: TITLE OF CUSIP ITEM 4: PRINCIPAL
NAME OF ISSUER CLASS NUMBER FAIR MARKET VALUE AMOUNT
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
KERR MCGEE CORP COM COM 492386107 15,605 251,700
- -----------------------------------------------------------------------------------------------------------------------------------
KNIGHTSBRIDGE TANKERS ORD ORD G5299G106 10,192 755,000
- -----------------------------------------------------------------------------------------------------------------------------------
LILLY ELI & CO COM COM 532457108 725 10,900
- -----------------------------------------------------------------------------------------------------------------------------------
LINDBERG CORP COM COM 535171102 147 19,000
- -----------------------------------------------------------------------------------------------------------------------------------
LONGS DRUG STORES CORP COM COM 543162101 24,210 937,900
- -----------------------------------------------------------------------------------------------------------------------------------
LSI INDS INC COM COM 50216C108 6,946 321,200
- -----------------------------------------------------------------------------------------------------------------------------------
LUCENT TECHNOLOGIES COM 549463107 1,335 17,800
- -----------------------------------------------------------------------------------------------------------------------------------
MARRIOTT INTL INC NEW CL A CLA 571903202 436 13,800
- -----------------------------------------------------------------------------------------------------------------------------------
MASCO CORP COM COM 574599106 581 22,900
- -----------------------------------------------------------------------------------------------------------------------------------
MAY DEPT.STORE COM 577778103 12,843 398,219
- -----------------------------------------------------------------------------------------------------------------------------------
MBNA CORP COM COM 55262L100 807 29,600
- -----------------------------------------------------------------------------------------------------------------------------------
MCDONALDS CORP COM COM 580135101 935 23,200
- -----------------------------------------------------------------------------------------------------------------------------------
MCI WORLDCOM INC. COM 55268b106 1,250 23,550
- -----------------------------------------------------------------------------------------------------------------------------------
MDU RES GROUP INC COM COM 552690109 5,014 250,700
- -----------------------------------------------------------------------------------------------------------------------------------
MEDTRONIC INC COM COM 585055106 944 25,900
- -----------------------------------------------------------------------------------------------------------------------------------
MERCK & CO INC COM COM 589331107 1,135 16,900
- -----------------------------------------------------------------------------------------------------------------------------------
MERIDIAN DIAGNOSTICS COM COM 589602101 536 73,922
- -----------------------------------------------------------------------------------------------------------------------------------
MET PRO CORP COM COM 590876306 352 35,200
- -----------------------------------------------------------------------------------------------------------------------------------
MICHAEL FOODS INC COM COM 594079105 6,976 283,300
- -----------------------------------------------------------------------------------------------------------------------------------
MICROSOFT CORP COM 594918104 2,405 20,600
- -----------------------------------------------------------------------------------------------------------------------------------
Column Total 93,374
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
ITEM 6: ITEM 8:
INVESTMENT DISCRETION VOTING AUTHORITY (SHARES)
-------------------------- ITEM 7: -----------------------------------------
(b) SHARED (c) MANAGERS
ITEM 1: (a) AS DEFINED SHARED SEE INSTR.
NAME OF ISSUER SOLE IN INSTR. V OTHER V (a) SOLE (b) SHARED (c) NONE
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
KERR MCGEE CORP COM X 251,700
- ------------------------------------------------------------------------------------------------------------------------------------
KNIGHTSBRIDGE TANKERS ORD X 755,000
- ------------------------------------------------------------------------------------------------------------------------------------
LILLY ELI & CO COM X 10,900
- ------------------------------------------------------------------------------------------------------------------------------------
LINDBERG CORP COM X 19,000
- ------------------------------------------------------------------------------------------------------------------------------------
LONGS DRUG STORES CORP COM X 937,900
- ------------------------------------------------------------------------------------------------------------------------------------
LSI INDS INC COM X 321,200
- ------------------------------------------------------------------------------------------------------------------------------------
LUCENT TECHNOLOGIES X 17,800
- ------------------------------------------------------------------------------------------------------------------------------------
MARRIOTT INTL INC NEW CL A X 13,800
- ------------------------------------------------------------------------------------------------------------------------------------
MASCO CORP COM X 22,900
- ------------------------------------------------------------------------------------------------------------------------------------
MAY DEPT.STORE X 398,219
- ------------------------------------------------------------------------------------------------------------------------------------
MBNA CORP COM X 29,600
- ------------------------------------------------------------------------------------------------------------------------------------
MCDONALDS CORP COM X 23,200
- ------------------------------------------------------------------------------------------------------------------------------------
MCI WORLDCOM INC. X 23,550
- ------------------------------------------------------------------------------------------------------------------------------------
MDU RES GROUP INC COM X 250,700
- ------------------------------------------------------------------------------------------------------------------------------------
MEDTRONIC INC COM X 25,900
- ------------------------------------------------------------------------------------------------------------------------------------
MERCK & CO INC COM X 16,900
- ------------------------------------------------------------------------------------------------------------------------------------
MERIDIAN DIAGNOSTICS COM X 73,922
- ------------------------------------------------------------------------------------------------------------------------------------
MET PRO CORP COM X 35,200
- ------------------------------------------------------------------------------------------------------------------------------------
MICHAEL FOODS INC COM X 283,300
- ------------------------------------------------------------------------------------------------------------------------------------
MICROSOFT CORP X 20,600
- ------------------------------------------------------------------------------------------------------------------------------------
Column Total
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 7 of 11
FORM 13 F
Name of Reporting Manager DePrince, Race & Zollo, Inc.
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
ITEM 5:
ITEM 2: ITEM 3: SHARES OF
ITEM 1: TITLE OF CUSIP ITEM 4: PRINCIPAL
NAME OF ISSUER CLASS NUMBER FAIR MARKET VALUE AMOUNT
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
MIDCOAST ENERGY RES COM COM 59563w104 643 38,387
- -----------------------------------------------------------------------------------------------------------------------------------
MILACRON INC COM COM 598709103 10,298 669,800
- -----------------------------------------------------------------------------------------------------------------------------------
MILLIPORE CORP COM COM 601073109 8,470 219,300
- -----------------------------------------------------------------------------------------------------------------------------------
MINNESOTA MNG & MFG CO COM COM 604059105 10,805 110,393
- -----------------------------------------------------------------------------------------------------------------------------------
MITCHELL ENERGY & DEV CL A CLA 606592202 8,737 396,000
- -----------------------------------------------------------------------------------------------------------------------------------
MITCHELL ENERGY & DEV CL B CLB 606592301 1,589 73,700
- -----------------------------------------------------------------------------------------------------------------------------------
MOCON INC COM 607494101 455 75,800
- -----------------------------------------------------------------------------------------------------------------------------------
NABISCO GROUP HLDG CP COM COM 62952p102 13,188 1,241,200
- -----------------------------------------------------------------------------------------------------------------------------------
NATIONAL FUEL GAS N J COM COM 636180101 6,701 144,100
- -----------------------------------------------------------------------------------------------------------------------------------
NATIONAL SVC INDS INC COM COM 637657107 10,104 342,500
- -----------------------------------------------------------------------------------------------------------------------------------
NEWELL CO COM COM 651229106 563 19,400
- -----------------------------------------------------------------------------------------------------------------------------------
NICOR INC COM COM 654086107 6,042 185,908
- -----------------------------------------------------------------------------------------------------------------------------------
NN BALL & ROLLER INC COM COM 629305103 14,705 2,028,250
- -----------------------------------------------------------------------------------------------------------------------------------
NORTHROP GRUMMAN CORP COM COM 666807102 16,922 313,000
- -----------------------------------------------------------------------------------------------------------------------------------
NSTAR COM COM 67019e107 11,956 295,218
- -----------------------------------------------------------------------------------------------------------------------------------
NUI CORP COM COM 629430109 5,196 197,000
- -----------------------------------------------------------------------------------------------------------------------------------
OGE ENERGY CORP COM COM 670837103 7,296 383,997
- -----------------------------------------------------------------------------------------------------------------------------------
OGLEBAY NORTON CO COM COM 677007106 247 10,400
- -----------------------------------------------------------------------------------------------------------------------------------
OLIN CORP COM PAR $1 COM 680665205 12,611 636,500
- -----------------------------------------------------------------------------------------------------------------------------------
OREGON STL MLS INC COM COM 686079104 6,174 777,800
- -----------------------------------------------------------------------------------------------------------------------------------
Column Total 152,702
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
ITEM 6: ITEM 8:
INVESTMENT DISCRETION VOTING AUTHORITY (SHARES)
-------------------------- ITEM 7: -----------------------------------------
(b) SHARED (c) MANAGERS
ITEM 1: (a) AS DEFINED SHARED SEE INSTR.
NAME OF ISSUER SOLE IN INSTR. V OTHER V (a) SOLE (b) SHARED (c) NONE
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
MIDCOAST ENERGY RES COM X 38,387
- ------------------------------------------------------------------------------------------------------------------------------------
MILACRON INC COM X 669,800
- ------------------------------------------------------------------------------------------------------------------------------------
MILLIPORE CORP COM X 219,300
- ------------------------------------------------------------------------------------------------------------------------------------
MINNESOTA MNG & MFG CO COM X 110,393
- ------------------------------------------------------------------------------------------------------------------------------------
MITCHELL ENERGY & DEV CL A X 396,000
- ------------------------------------------------------------------------------------------------------------------------------------
MITCHELL ENERGY & DEV CL B X 73,700
- ------------------------------------------------------------------------------------------------------------------------------------
MOCON INC X 75,800
- ------------------------------------------------------------------------------------------------------------------------------------
NABISCO GROUP HLDG CP COM X 1,241,200
- ------------------------------------------------------------------------------------------------------------------------------------
NATIONAL FUEL GAS N J COM X 144,100
- ------------------------------------------------------------------------------------------------------------------------------------
NATIONAL SVC INDS INC COM X 342,500
- ------------------------------------------------------------------------------------------------------------------------------------
NEWELL CO COM X 19,400
- ------------------------------------------------------------------------------------------------------------------------------------
NICOR INC COM X 185,908
- ------------------------------------------------------------------------------------------------------------------------------------
NN BALL & ROLLER INC COM X 2,028,250
- ------------------------------------------------------------------------------------------------------------------------------------
NORTHROP GRUMMAN CORP COM X 313,000
- ------------------------------------------------------------------------------------------------------------------------------------
NSTAR COM X 295,218
- ------------------------------------------------------------------------------------------------------------------------------------
NUI CORP COM X 197,000
- ------------------------------------------------------------------------------------------------------------------------------------
OGE ENERGY CORP COM X 383,997
- ------------------------------------------------------------------------------------------------------------------------------------
OGLEBAY NORTON CO COM X 10,400
- ------------------------------------------------------------------------------------------------------------------------------------
OLIN CORP COM PAR $1 X 636,500
- ------------------------------------------------------------------------------------------------------------------------------------
OREGON STL MLS INC COM X 777,800
- ------------------------------------------------------------------------------------------------------------------------------------
Column Total
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 8 of 11
FORM 13 F
Name of Reporting Manager DePrince, Race & Zollo, Inc.
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
ITEM 5:
ITEM 2: ITEM 3: SHARES OF
ITEM 1: TITLE OF CUSIP ITEM 4: PRINCIPAL
NAME OF ISSUER CLASS NUMBER FAIR MARKET VALUE AMOUNT
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
OWENS & MINOR INC NEW COM COM 690732102 5,195 581,300
- -----------------------------------------------------------------------------------------------------------------------------------
OWOSSO CORP COM COM 691217103 250 74,000
- -----------------------------------------------------------------------------------------------------------------------------------
PARK ELECTROCHEMICAL COM COM 700416209 8,739 329,000
- -----------------------------------------------------------------------------------------------------------------------------------
PARKER HANNIFIN CORP COM COM 701094104 24,835 484,000
- -----------------------------------------------------------------------------------------------------------------------------------
PEERLESS MFG CO COM COM 705514107 563 43,300
- -----------------------------------------------------------------------------------------------------------------------------------
PENN VA CORP COM COM 707882106 1,575 94,000
- -----------------------------------------------------------------------------------------------------------------------------------
PENTAIR INC COM COM 709631105 828 21,500
- -----------------------------------------------------------------------------------------------------------------------------------
PEOPLES ENERGY CORP COM COM 711030106 7,655 228,500
- -----------------------------------------------------------------------------------------------------------------------------------
PEPSICO INC COM COM 713448108 709 20,100
- -----------------------------------------------------------------------------------------------------------------------------------
PERKINELMER INC COM COM 714046109 35,745 857,450
- -----------------------------------------------------------------------------------------------------------------------------------
PFIZER INC COM COM 717081103 873 26,900
- -----------------------------------------------------------------------------------------------------------------------------------
PHARMACIA & UPJOHN INC COM COM 716941109 11,735 260,779
- -----------------------------------------------------------------------------------------------------------------------------------
PHELPS DODGE CORP COM COM 717265102 11,191 166,100
- -----------------------------------------------------------------------------------------------------------------------------------
PHILADELPHIA SUBN CORP COM PAR $0.50 COM 718009608 2,247 108,600
- -----------------------------------------------------------------------------------------------------------------------------------
TAB PRODUCTS COM 873197107 156 24,000
- -----------------------------------------------------------------------------------------------------------------------------------
PIONEER STD ELECTRS COM COM 723877106 14,559 1,008,400
- -----------------------------------------------------------------------------------------------------------------------------------
PIZZA INN INC COM 725848105 277 67,100
- -----------------------------------------------------------------------------------------------------------------------------------
PNC BK CORP COM COM 693475105 16,281 365,876
- -----------------------------------------------------------------------------------------------------------------------------------
POCAHONTAS COM 730234101 277 49,280
- -----------------------------------------------------------------------------------------------------------------------------------
POLAROID CORP COM COM 731095105 7,664 407,400
- -----------------------------------------------------------------------------------------------------------------------------------
Column Total 151,354
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
ITEM 6: ITEM 8:
INVESTMENT DISCRETION VOTING AUTHORITY (SHARES)
-------------------------- ITEM 7: -----------------------------------------
(b) SHARED (c) MANAGERS
ITEM 1: (a) AS DEFINED SHARED SEE INSTR.
NAME OF ISSUER SOLE IN INSTR. V OTHER V (a) SOLE (b) SHARED (c) NONE
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
OWENS & MINOR INC NEW COM X 581,300
- ------------------------------------------------------------------------------------------------------------------------------------
OWOSSO CORP COM X 74,000
- ------------------------------------------------------------------------------------------------------------------------------------
PARK ELECTROCHEMICAL COM X 329,000
- ------------------------------------------------------------------------------------------------------------------------------------
PARKER HANNIFIN CORP COM X 484,000
- ------------------------------------------------------------------------------------------------------------------------------------
PEERLESS MFG CO COM X 43,300
- ------------------------------------------------------------------------------------------------------------------------------------
PENN VA CORP COM X 94,000
- ------------------------------------------------------------------------------------------------------------------------------------
PENTAIR INC COM X 21,500
- ------------------------------------------------------------------------------------------------------------------------------------
PEOPLES ENERGY CORP COM X 228,500
- ------------------------------------------------------------------------------------------------------------------------------------
PEPSICO INC COM X 20,100
- ------------------------------------------------------------------------------------------------------------------------------------
PERKINELMER INC COM X 857,450
- ------------------------------------------------------------------------------------------------------------------------------------
PFIZER INC COM X 26,900
- ------------------------------------------------------------------------------------------------------------------------------------
PHARMACIA & UPJOHN INC COM X 260,779
- ------------------------------------------------------------------------------------------------------------------------------------
PHELPS DODGE CORP COM X 166,100
- ------------------------------------------------------------------------------------------------------------------------------------
PHILADELPHIA SUBN CORP COM PAR $0.50 X 108,600
- ------------------------------------------------------------------------------------------------------------------------------------
TAB PRODUCTS X 24,000
- ------------------------------------------------------------------------------------------------------------------------------------
PIONEER STD ELECTRS COM X 1,008,400
- ------------------------------------------------------------------------------------------------------------------------------------
PIZZA INN INC X 67,100
- ------------------------------------------------------------------------------------------------------------------------------------
PNC BK CORP COM X 365,876
- ------------------------------------------------------------------------------------------------------------------------------------
POCAHONTAS X 49,280
- ------------------------------------------------------------------------------------------------------------------------------------
POLAROID CORP COM X 407,400
- ------------------------------------------------------------------------------------------------------------------------------------
Column Total
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 9 of 11
FORM 13 F
Name of Reporting Manager DePrince, Race & Zollo, Inc.
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
ITEM 5:
ITEM 2: ITEM 3: SHARES OF
ITEM 1: TITLE OF CUSIP ITEM 4: PRINCIPAL
NAME OF ISSUER CLASS NUMBER FAIR MARKET VALUE AMOUNT
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
POPE & TALBOT INC COM COM 732827100 21,381 1,336,300
- -----------------------------------------------------------------------------------------------------------------------------------
PROCTER & GAMBLE CO COM COM 742718109 1,260 11,500
- -----------------------------------------------------------------------------------------------------------------------------------
PROVIDENT BANKSHARES COM COM 743859100 2,520 145,546
- -----------------------------------------------------------------------------------------------------------------------------------
PULASKI FURNITURE CORP COM COM 745553107 225 14,500
- -----------------------------------------------------------------------------------------------------------------------------------
PXRE CORP COM COM G73018106 10,162 781,700
- -----------------------------------------------------------------------------------------------------------------------------------
QUAKER CHEM CORP COM COM 747316107 8,433 591,800
- -----------------------------------------------------------------------------------------------------------------------------------
QUANEX CORP COM COM 747620102 11,559 453,300
- -----------------------------------------------------------------------------------------------------------------------------------
QUIXOTE CORP COM COM 749056107 515 33,800
- -----------------------------------------------------------------------------------------------------------------------------------
RAYMOND JAMES FINL INC COM COM 754730109 6,336 340,200
- -----------------------------------------------------------------------------------------------------------------------------------
RAYONIER INC COM COM 754907103 5,247 108,600
- -----------------------------------------------------------------------------------------------------------------------------------
RELIASTAR FINL CORP COM COM 75952u103 21,275 542,900
- -----------------------------------------------------------------------------------------------------------------------------------
YORK INTL CORP NEW COM COM 986670107 15,672 571,200
- -----------------------------------------------------------------------------------------------------------------------------------
RICHARDSON ELECTRS COM COM 763165107 5,107 680,900
- -----------------------------------------------------------------------------------------------------------------------------------
ROCKWELL INTL CORP COM COM 773903109 17,355 362,500
- -----------------------------------------------------------------------------------------------------------------------------------
ROHM & HAAS COM 775371107 16,025 393,850
- -----------------------------------------------------------------------------------------------------------------------------------
RPM INC OHIO COM COM 749685103 4,240 416,200
- -----------------------------------------------------------------------------------------------------------------------------------
SBC COMMUNICATIONS COM 78387G103 13,130 269,337
- -----------------------------------------------------------------------------------------------------------------------------------
SCHULMAN A INC COM COM 808194104 8,934 547,700
- -----------------------------------------------------------------------------------------------------------------------------------
SEA CONTAINERS LTD CL A CLA 811371707 18,036 677,400
- -----------------------------------------------------------------------------------------------------------------------------------
SELAS CORP AMER COM COM 816119101 476 71,200
- -----------------------------------------------------------------------------------------------------------------------------------
Column Total 187,888
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
ITEM 6: ITEM 8:
INVESTMENT DISCRETION VOTING AUTHORITY (SHARES)
-------------------------- ITEM 7: -----------------------------------------
(b) SHARED (c) MANAGERS
ITEM 1: (a) AS DEFINED SHARED SEE INSTR.
NAME OF ISSUER SOLE IN INSTR. V OTHER V (a) SOLE (b) SHARED (c) NONE
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
POPE & TALBOT INC COM X 1,336,300
- ------------------------------------------------------------------------------------------------------------------------------------
PROCTER & GAMBLE CO COM X 11,500
- ------------------------------------------------------------------------------------------------------------------------------------
PROVIDENT BANKSHARES COM X 145,546
- ------------------------------------------------------------------------------------------------------------------------------------
PULASKI FURNITURE CORP COM X 14,500
- ------------------------------------------------------------------------------------------------------------------------------------
PXRE CORP COM X 781,700
- ------------------------------------------------------------------------------------------------------------------------------------
QUAKER CHEM CORP COM X 591,800
- ------------------------------------------------------------------------------------------------------------------------------------
QUANEX CORP COM X 453,300
- ------------------------------------------------------------------------------------------------------------------------------------
QUIXOTE CORP COM X 33,800
- ------------------------------------------------------------------------------------------------------------------------------------
RAYMOND JAMES FINL INC COM X 340,200
- ------------------------------------------------------------------------------------------------------------------------------------
RAYONIER INC COM X 108,600
- ------------------------------------------------------------------------------------------------------------------------------------
RELIASTAR FINL CORP COM X 542,900
- ------------------------------------------------------------------------------------------------------------------------------------
YORK INTL CORP NEW COM X 571,200
- ------------------------------------------------------------------------------------------------------------------------------------
RICHARDSON ELECTRS COM X 680,900
- ------------------------------------------------------------------------------------------------------------------------------------
ROCKWELL INTL CORP COM X 362,500
- ------------------------------------------------------------------------------------------------------------------------------------
ROHM & HAAS X 393,850
- ------------------------------------------------------------------------------------------------------------------------------------
RPM INC OHIO COM X 416,200
- ------------------------------------------------------------------------------------------------------------------------------------
SBC COMMUNICATIONS X 269,337
- ------------------------------------------------------------------------------------------------------------------------------------
SCHULMAN A INC COM X 547,700
- ------------------------------------------------------------------------------------------------------------------------------------
SEA CONTAINERS LTD CL A X 677,400
- ------------------------------------------------------------------------------------------------------------------------------------
SELAS CORP AMER COM X 71,200
- ------------------------------------------------------------------------------------------------------------------------------------
Column Total
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 10 of 11
FORM 13 F
Name of Reporting Manager DePrince, Race & Zollo, Inc.
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
ITEM 5:
ITEM 2: ITEM 3: SHARES OF
ITEM 1: TITLE OF CUSIP ITEM 4: PRINCIPAL
NAME OF ISSUER CLASS NUMBER FAIR MARKET VALUE AMOUNT
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
SIMPSON INDS INC COM COM 829060102 7,858 698,500
- -----------------------------------------------------------------------------------------------------------------------------------
SMITH A O COM COM 831865209 5,677 259,500
- -----------------------------------------------------------------------------------------------------------------------------------
SPAN AMER MED SYS INC COM COM 846396109 507 153,200
- -----------------------------------------------------------------------------------------------------------------------------------
ST PAUL COS INC COM COM 792860108 21,544 639,532
- -----------------------------------------------------------------------------------------------------------------------------------
STANDARD PAC CORP NEW COM COM 85375C101 5,230 475,500
- -----------------------------------------------------------------------------------------------------------------------------------
STAPLES INC COM COM 855030102 554 26,700
- -----------------------------------------------------------------------------------------------------------------------------------
SUMMIT BANCORP COM COM 866005101 20,387 665,700
- -----------------------------------------------------------------------------------------------------------------------------------
SUPERVALU INC COM COM 868536103 17,602 880,100
- -----------------------------------------------------------------------------------------------------------------------------------
SUSQUEHANNA BKSHS PA COM COM 869099101 4,193 264,125
- -----------------------------------------------------------------------------------------------------------------------------------
SYNALLOY CP DEL COM COM 871565107 348 46,400
- -----------------------------------------------------------------------------------------------------------------------------------
TASTY BAKING CO COM COM 876553306 5,313 629,737
- -----------------------------------------------------------------------------------------------------------------------------------
TEEKAY SHIPPING CORP COM COM Y8564W103 1,763 110,600
- -----------------------------------------------------------------------------------------------------------------------------------
TEKTRONIX INC COM 879131100 7,546 194,100
- -----------------------------------------------------------------------------------------------------------------------------------
TELLABS INC COM COM 879664100 1,162 18,100
- -----------------------------------------------------------------------------------------------------------------------------------
TEMPLE INLAND INC COM COM 879868107 16,069 243,700
- -----------------------------------------------------------------------------------------------------------------------------------
THOMAS & BETTS CORP COM COM 884315102 16,219 508,834
- -----------------------------------------------------------------------------------------------------------------------------------
TIMBERLINE SOFTWARE CP COM COM 887134104 720 53,598
- -----------------------------------------------------------------------------------------------------------------------------------
TIMKEN CO COM COM 887389104 8,304 406,300
- -----------------------------------------------------------------------------------------------------------------------------------
TORCHMARK CORP COM 891027104 21,082 725,400
- -----------------------------------------------------------------------------------------------------------------------------------
TRANSTECHNOLOGY CP DEL COM COM 893889105 277 25,000
- -----------------------------------------------------------------------------------------------------------------------------------
Column Total 162,355
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
ITEM 6: ITEM 8:
INVESTMENT DISCRETION VOTING AUTHORITY (SHARES)
-------------------------- ITEM 7: -----------------------------------------
(b) SHARED (c) MANAGERS
ITEM 1: (a) AS DEFINED SHARED SEE INSTR.
NAME OF ISSUER SOLE IN INSTR. V OTHER V (a) SOLE (b) SHARED (c) NONE
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
SIMPSON INDS INC COM X 698,500
- ------------------------------------------------------------------------------------------------------------------------------------
SMITH A O COM X 259,500
- ------------------------------------------------------------------------------------------------------------------------------------
SPAN AMER MED SYS INC COM X 153,200
- ------------------------------------------------------------------------------------------------------------------------------------
ST PAUL COS INC COM X 639,532
- ------------------------------------------------------------------------------------------------------------------------------------
STANDARD PAC CORP NEW COM X 475,500
- ------------------------------------------------------------------------------------------------------------------------------------
STAPLES INC COM X 26,700
- ------------------------------------------------------------------------------------------------------------------------------------
SUMMIT BANCORP COM X 665,700
- ------------------------------------------------------------------------------------------------------------------------------------
SUPERVALU INC COM X 880,100
- ------------------------------------------------------------------------------------------------------------------------------------
SUSQUEHANNA BKSHS PA COM X 264,125
- ------------------------------------------------------------------------------------------------------------------------------------
SYNALLOY CP DEL COM X 46,400
- ------------------------------------------------------------------------------------------------------------------------------------
TASTY BAKING CO COM X 629,737
- ------------------------------------------------------------------------------------------------------------------------------------
TEEKAY SHIPPING CORP COM X 110,600
- ------------------------------------------------------------------------------------------------------------------------------------
TEKTRONIX INC X 194,100
- ------------------------------------------------------------------------------------------------------------------------------------
TELLABS INC COM X 18,100
- ------------------------------------------------------------------------------------------------------------------------------------
TEMPLE INLAND INC COM X 243,700
- ------------------------------------------------------------------------------------------------------------------------------------
THOMAS & BETTS CORP COM X 508,834
- ------------------------------------------------------------------------------------------------------------------------------------
TIMBERLINE SOFTWARE CP COM X 53,598
- ------------------------------------------------------------------------------------------------------------------------------------
TIMKEN CO COM X 406,300
- ------------------------------------------------------------------------------------------------------------------------------------
TORCHMARK CORP X 725,400
- ------------------------------------------------------------------------------------------------------------------------------------
TRANSTECHNOLOGY CP DEL COM X 25,000
- ------------------------------------------------------------------------------------------------------------------------------------
Column Total
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 11 of 11
FORM 13 F
Name of Reporting Manager DePrince, Race & Zollo, Inc.
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
ITEM 5:
ITEM 2: ITEM 3: SHARES OF
ITEM 1: TITLE OF CUSIP ITEM 4: PRINCIPAL
NAME OF ISSUER CLASS NUMBER FAIR MARKET VALUE AMOUNT
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
TRUE NORTH COMMUNICATN COM COM 897844106 10,998 246,100
- -----------------------------------------------------------------------------------------------------------------------------------
TRW INC COM COM 872649108 20,707 398,700
- -----------------------------------------------------------------------------------------------------------------------------------
TUSCARORA INC COM COM 900902107 295 24,300
- -----------------------------------------------------------------------------------------------------------------------------------
TYCO INTERNATIONAL LTD COM COM 902124106 749 19,200
- -----------------------------------------------------------------------------------------------------------------------------------
UNITED GUARDIAN INC COM COM 910571108 536 153,200
- -----------------------------------------------------------------------------------------------------------------------------------
UNIVERSAL FOODS CORP COM COM 913538104 3,274 160,700
- -----------------------------------------------------------------------------------------------------------------------------------
VULCAN MATERIALS COM 929160109 22,473 562,700
- -----------------------------------------------------------------------------------------------------------------------------------
WALLACE COMPUTER SVCS COM COM 932270101 3,554 213,800
- -----------------------------------------------------------------------------------------------------------------------------------
WARNER LAMBERT CO COM COM 934488107 901 11,000
- -----------------------------------------------------------------------------------------------------------------------------------
WELLMAN INC COM COM 949702104 11,281 605,700
- -----------------------------------------------------------------------------------------------------------------------------------
WOODHEAD INDS INC COM COM 979438108 320 27,500
- -----------------------------------------------------------------------------------------------------------------------------------
WORLD FUEL SVCS CORP COM COM 981475106 4,357 580,900
- -----------------------------------------------------------------------------------------------------------------------------------
XEROX CORP COM COM 984121103 10,743 473,500
- -----------------------------------------------------------------------------------------------------------------------------------
XL CAP LTD CL A CLA g98255105 5,743 110,700
- -----------------------------------------------------------------------------------------------------------------------------------
ALCAN ALUMINUM COM 013716105 289 7,000
- -----------------------------------------------------------------------------------------------------------------------------------
INDUSTRIE NATUZZI SPA ADR ADR 456478106 139 10,500
- -----------------------------------------------------------------------------------------------------------------------------------
TELESTRA CORP ADR ADR 87969n204 327 12,000
- -----------------------------------------------------------------------------------------------------------------------------------
WBK STRUPES TR WBK PFD 929229102 254 7,900
- -----------------------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------------------
Column Total 96,940
- -----------------------------------------------------------------------------------------------------------------------------------
Aggregate Total 1,665,034
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
ITEM 6: ITEM 8:
INVESTMENT DISCRETION VOTING AUTHORITY (SHARES)
-------------------------- ITEM 7: -----------------------------------------
(b) SHARED (c) MANAGERS
ITEM 1: (a) AS DEFINED SHARED SEE INSTR.
NAME OF ISSUER SOLE IN INSTR. V OTHER V (a) SOLE (b) SHARED (c) NONE
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
TRUE NORTH COMMUNICATN COM X 246,100
- ------------------------------------------------------------------------------------------------------------------------------------
TRW INC COM X 398,700
- ------------------------------------------------------------------------------------------------------------------------------------
TUSCARORA INC COM X 24,300
- ------------------------------------------------------------------------------------------------------------------------------------
TYCO INTERNATIONAL LTD COM X 19,200
- ------------------------------------------------------------------------------------------------------------------------------------
UNITED GUARDIAN INC COM X 153,200
- ------------------------------------------------------------------------------------------------------------------------------------
UNIVERSAL FOODS CORP COM X 160,700
- ------------------------------------------------------------------------------------------------------------------------------------
VULCAN MATERIALS X 562,700
- ------------------------------------------------------------------------------------------------------------------------------------
WALLACE COMPUTER SVCS COM X 213,800
- ------------------------------------------------------------------------------------------------------------------------------------
WARNER LAMBERT CO COM X 11,000
- ------------------------------------------------------------------------------------------------------------------------------------
WELLMAN INC COM X 605,700
- ------------------------------------------------------------------------------------------------------------------------------------
WOODHEAD INDS INC COM X 27,500
- ------------------------------------------------------------------------------------------------------------------------------------
WORLD FUEL SVCS CORP COM X 580,900
- ------------------------------------------------------------------------------------------------------------------------------------
XEROX CORP COM X 473,500
- ------------------------------------------------------------------------------------------------------------------------------------
XL CAP LTD CL A X 110,700
- ------------------------------------------------------------------------------------------------------------------------------------
ALCAN ALUMINUM X 7,000
- ------------------------------------------------------------------------------------------------------------------------------------
INDUSTRIE NATUZZI SPA ADR X 10,500
- ------------------------------------------------------------------------------------------------------------------------------------
TELESTRA CORP ADR X 12,000
- ------------------------------------------------------------------------------------------------------------------------------------
WBK STRUPES TR WBK X 7,900
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Column Total
- ------------------------------------------------------------------------------------------------------------------------------------
Aggregate Total
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
