UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
FORM 13 F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 1999
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Windham Capital Management
Address: 780 Third Avenue
New York, NY 10017
Form 13F File Number: 28-5606
The institutional investment manager filing this report and the
person by whom it is signed hereby represent that the person
signing the report is authorized to submit it, that all
information contained herein is true, correct and complete, and
that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of
this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Neil M. McCarthy
Title: Managing Partner
Phone: 212-371-6262
Signature, Place, and Date of Signing:
Neil M. McCarthy New York, NY 08/06/99
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this
reporting mangers are
reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in
this report, and all holdings are
reported by other reporting manager(s).)
[ ] 13F COMBINATION REPORT. (check here if a portion of
the holding in this reporting
manager are reported in this report and a portion are reported by
other reporting
manager(s).)
Form 13F File Number Name
28-5606 Windham Capital Management
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 81
Form 13F Information Table Value Total: 322,600
(thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file
number(s) of all institutional investment managers with respect
to which this report is filed, other than the manger filing this
report.
None
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FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/PUT/INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS--CUSIP--(X$1000PRN AMT PRNCALLDSCRETN -MANAGE SOLE SHARED NONE
3COM COM 885535104 1478 55390SH SOLE 24400 0 30990
AMR COM 001765106 1826 26760SH SOLE 11620 0 15140
AT&T COM 001957109 4671 83690SH SOLE 39100 0 44590
ALLSTATE COM 020002101 3199 89180SH SOLE 46300 0 42880
AMERICAN EXPRESS COM 025816109 4122 31680SH SOLE 15530 0 16150
AMERICAN HOME PROD COM 026609107 1840 32070SH SOLE 15100 0 16970
AMERICAN INTERNATIONAL COM 026874107 4175 35605SH SOLE 17180 0 18425
AMERICAN ON-LINE COM 02364J104 3881 35280SH SOLE 18620 0 16660
AVERY DENISON COM 053611109 2178 36070SH SOLE 15900 0 20170
AVON PRODUCTS COM 054303102 2163 38970SH SOLE 16100 0 22870
BANC ONE COM 06423A103 3157 53010SH SOLE 23400 0 29610
BANK OF AMERICA COM 060505104 3784 51610SH SOLE 23700 0 27910
BANK BOSTON COM 06605R106 3360 65730SH SOLE 29100 0 36630
BELL ATLANTIC COM 077853109 3990 61030SH SOLE 27700 0 33330
BELLSOUTH COM 079860102 3753 81370SH SOLE 37000 0 44370
BOEING COM 097023105 2771 62980SH SOLE 32570 0 30410
BRISTOL MYERS SQUIBB COM 110122108 3875 55010SH SOLE 24300 0 30710
CBS COM 12490K107 2989 68620SH SOLE 29600 0 39020
COMPAQ COM 204493100 1296 54730SH SOLE 26500 0 28230
CATERPILLAR COM 149123101 2471 41180SH SOLE 17600 0 23580
CHARLES SCWAB COM 808513105 5277 48410SH SOLE 22840 0 25570
CHASE MANHATTAN BANK COM 16161A108 3034 35080SH SOLE 16500 0 18580
CISCO SYSTEMS COM 17275R102 6292 97650SH SOLE 48160 0 49490
CITIGROUP COM 172967101 9342 196663SH SOLE 58728 0 137935
CLOROX COM 189054109 1617 15140SH SOLE 7000 0 8140
COCA COLA COM 191216100 4639 74820SH SOLE 37650 0 37170
COLGATE PALMOLIVE COM 194162103 1935 19640SH SOLE 8500 0 11140
DAYTON HUDSON COM 239753106 2768 42580SH SOLE 18600 0 23980
DELL COMPUTERS COM 247025109 2892 78150SH SOLE 36180 0 41970
DELPHI AUTOMOTIVE SYSTEMCOM 247126105 0.018 1SH SOLE 1 0
DELTA AIRLINES COM 247361108 1282 22240SH SOLE 9600 0 12640
DISNEY (WALT) COM 254687106 2986 96900SH SOLE 48420 0 48480
DU PONT COM 263534109 5175 75750SH SOLE 30850 0 44900
EMC COM 268648102 1917 34850SH SOLE 14600 0 20250
EXXON COM 302290101 5976 77490SH SOLE 37140 0 40350
FORD MOTOR COM 345370100 2914 51630SH SOLE 22150 0 29480
GAP COM 364760108 3207 63655SH SOLE 27875 0 35780
GATEWAY COM 367833100 2008 33990SH SOLE 17950 0 16040
GENERAL ELECTRIC COM 369604103 13602 120370SH SOLE 49260 0 71110
GENERAL MOTORS COM 370442105 1985 30080SH SOLE 14500 0 15580
GILLETTE COM 375766102 1745 42560SH SOLE 23070 0 19490
HALLIBURTON COM 406216101 2929 64720SH SOLE 28200 0 36520
HEWLETT-PACKARD COM 428236103 2656 26430SH SOLE 9600 0 16830
HOME DEPOT COM 437076102 3412 52950SH SOLE 27360 0 25590
INTEL COM 458140100 10314 173340SH SOLE 52360 0 120980
ITERNATIONAL BUS. MACHNECOM 459200101 7513 58130SH SOLE 26840 0 31290
JOHNSON & JOHNSON COM 478160104 3438 35080SH SOLE 17300 0 17780
LILLY (ELI) COM 532457108 2679 37400SH SOLE 18250 0 19150
LUCENT COM 549463107 5748 85232SH SOLE 42142 0 43090
MCI WORLDCOM COM 55268B106 6855 79650SH SOLE 26560 0 53090
MATTEL COM 577081102 2134 81700SH SOLE 41340 0 40360
MCDONALD'S COM 580135101 3048 74120SH SOLE 37690 0 36430
MERCK COM 589331107 5506 74783SH SOLE 35553 0 39230
MERRILL LYNCH COM 590188108 3858 48530SH SOLE 24850 0 23680
MICRON COM 595112103 1315 32460SH SOLE 15000 0 17460
MICROSOFT COM 594918104 13354 148070SH SOLE 71300 0 76770
MONSANTO COM 611662107 2532 64010SH SOLE 35700 0 28310
MORGAN J.P. COM 616880100 3210 22850SH SOLE 10400 0 12450
MORGAN STANLEY COM 617446448 3260 31770SH SOLE 14400 0 17370
NIKE COM 654106103 7792 122950SH SOLE 21260 0 101690
ORACLE SYSTEMS COM 68389X105 1923 51804SH SOLE 21424 0 30380
PEPSICO COM 713448108 1884 48700SH SOLE 20000 0 28700
PFIZER COM 717081103 4547 41720SH SOLE 20530 0 21190
PHILIP MORRIS COM 718154107 2949 73390SH SOLE 31500 0 41890
PROCTER & GAMBLE COM 742718109 3983 44630SH SOLE 22540 0 22090
ROYAL DUTCH PETROLEUM COM 780257804 4165 69130SH SOLE 34100 0 35030
SBC COMMUNICATIONS COM 78387G103 4289 73940SH SOLE 32500 0 41440
SCHERING-PLOUGH COM 806605101 1878 35780SH SOLE 16500 0 19280
SCHLUMBERGER COM 806857108 4203 66000SH SOLE 23150 0 42850
SPRINT COM 852061100 4942 93250SH SOLE 43200 0 50050
SUN MICROSYSTEMS COM 866810104 2592 37640SH SOLE 14000 0 23640
TJX COMPANIES COM 872540109 3117 93570SH SOLE 39900 0 53670
TEXACO COM 881694103 2381 38180SH SOLE 17400 0 20780
TEXAS INSTRUMENTS COM 882508104 2883 20020SH SOLE 7600 0 12420
TIME WARNER COM 887315109 6409 88250SH SOLE 25150 0 63100
TYCO INTERNATIONAL COM 902124106 2812 29680SH SOLE 15130 0 14550
UNITED TECHNOLOGIES COM 913017109 2295 31870SH SOLE 14200 0 17670
WAL-MART STORES COM 931142103 6357 131760SH SOLE 58900 0 72860
WALGREEN COM 931422109 3091 105230SH SOLE 53230 0 52000
WARNER-LAMBERT COM 934488107 1677 24260SH SOLE 11800 0 12460
WRIGLEY (WM) JR. COM 982526105 1618 18140SH SOLE 8300 0 9840
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