UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 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 11/15/99
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: 80
Form 13F Information Table Value Total: 274,891
(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 1492 51900SH SOLE 25000 0 26900
AMR COM 001765106 1488 27310SH SOLE 13830 0 13480
AT&T COM 001957109 4181 96120SH SOLE 43770 0 52350
ALLSTATE COM 020002101 2245 90010SH SOLE 48210 0 41800
AMERICA ON-LINE COM 025816109 3066 29460SH SOLE 17280 0 12180
AMERICAN EXPRESS COM 026609107 3838 28430SH SOLE 15360 0 13070
AMERICAN HOME PRODUCTS COM 026874107 1370 33000SH SOLE 15700 0 17300
AMERICAN INTERNATIONAL COM 02364J104 3736 42973SH SOLE 21642 0 21331
AVERY DENISON COM 053611109 1815 34400SH SOLE 16000 0 18400
AVON PRODUCTS COM 054303102 933 37600SH SOLE 16200 0 21400
BANC ONE COM 06423A103 1963 56400SH SOLE 24000 0 32400
BANK OF AMERICA CORP COM 060505104 2796 50200SH SOLE 23700 0 26500
BANKBOSTON COM 06605R106 2594 59800SH SOLE 28800 0 31000
BELL ATLANTIC COM 077853109 3877 57600SH SOLE 27800 0 29800
BELL SOUTH COM 079860102 3528 78400SH SOLE 36900 0 41500
BOEING COM 097023105 2466 57850SH SOLE 31720 0 26130
BRISTOL MYERS SQUIBB COM 110122108 3470 51400SH SOLE 24100 0 27300
CBS COM 12490K107 2738 59200SH SOLE 28400 0 30800
COMPAQ COMPUTER COM 204493100 1219 53300SH SOLE 26500 0 26800
CATERPILLAR COM 149123101 2028 37000SH SOLE 17100 0 19900
CHARLES SCHWAB COM 808513105 3058 91440SH SOLE 46320 0 45120
CHASE MANHATTAN COM 16161A108 2646 35100SH SOLE 16400 0 18700
CISCO SYSTEMS COM 17275R102 6277 91550SH SOLE 48110 0 43440
CITIGROUP COM 172967101 9771 222068SH SOLE 105043 0 117025
CLOROX COM 189054109 1224 32000SH SOLE 14500 0 17500
COCA-COLA COM 191216100 3554 73650SH SOLE 38000 0 35650
COLGATE-PALMOLIVE COM 194162103 1652 36100SH SOLE 17200 0 18900
DAYTON HUDSON COM 239753106 2457 40900SH SOLE 18500 0 22400
DELL COMPUTERS COM 247025109 2491 59580SH SOLE 32160 0 27420
DELTA AIRLINES COM 247361108 1028 21200SH SOLE 9600 0 11600
DISNEY (WALT) COM 254687106 2501 96200SH SOLE 51520 0 44680
DU PONT (E.I.) DE NEMOURCOM 263534109 4632 76570SH SOLE 36620 0 39950
EMC COM 268648102 1977 27700SH SOLE 13300 0 14400
EXXON COM 302290101 5420 71320SH SOLE 36660 0 34660
FORD COM 345370100 2819 56090SH SOLE 28340 0 27750
MOTOR COM 364760108 1999 62475SH SOLE 27275 0 35200
GATEWAY COM 367833100 2442 55500SH SOLE 33100 0 22400
GENERAL ELECTRIC COM 369604103 14000 118080SH SOLE 58640 0 59440
GENERAL MOTORS COM 370442105 1787 28400SH SOLE 15700 0 12700
GILLETTE COM 375766102 1467 43230SH SOLE 23600 0 19630
HALLIBURTON COM 406216101 2444 59600SH SOLE 27100 0 32500
HEWLETT-PACKARD COM 428236103 1724 19000SH SOLE 8200 0 10800
HOME DEPOT COM 437076102 3422 49870SH SOLE 27230 0 22640
INTEL COM 458140100 13905 187110SH SOLE 92370 0 94740
INTERNATIONAL BUSINESS MCOM 459200101 6683 55230SH SOLE 27170 0 28060
JOHNSON & JOHNSON COM 478160104 3023 32900SH SOLE 17100 0 15800
LILLY (ELI) COM 532457108 2093 32610SH SOLE 17160 0 15450
LUCENT COM 549463107 5014 77282SH SOLE 41802 0 35480
MCI WORLDCOM COM 55268B106 6459 89870SH SOLE 43930 0 45940
MATTEL COM 577081102 1573 82770SH SOLE 44510 0 38260
MCDONALDS COM 580135101 3088 71400SH SOLE 37690 0 33710
MERCK COM 589331107 4584 70733SH SOLE 35783 0 34950
MERRILL LYNCH COM 590188108 3109 46140SH SOLE 24990 0 21150
MICRON COM 595112103 1749 26300SH SOLE 14000 0 12300
MICROSOFT COM 594918104 12530 138360SH SOLE 71760 0 66600
MONSANTO COM 611662107 2091 58600SH SOLE 38600 0 20000
MORGAN (J.P.) COM 616880100 2582 22600SH SOLE 10500 0 12100
MORGAN STANLEY DEAN WITTCOM 617446448 2738 30700SH SOLE 14800 0 15900
NIKE COM 654106103 8889 156290SH SOLE 70150 0 86140
ORACLE COM 68389X105 1946 42774SH SOLE 19924 0 22850
PEPSICO COM 713448108 1385 45400SH SOLE 20700 0 24700
PFIZER COM 717081103 4140 115410SH SOLE 61000 0 54410
PHILIP MORRIS COM 718154107 2112 61780SH SOLE 29580 0 32200
PROCTER & GAMBLE COM 742718109 3774 40260SH SOLE 21900 0 18360
ROYAL DUTCH PETROLEUM COM 780257804 3804 64400SH SOLE 33200 0 31200
SBC COMMUNICATIONS COM 78387G103 3447 67500SH SOLE 32200 0 35300
SCHERING-PLOUGH COM 806605101 1457 33400SH SOLE 16400 0 17000
SCHLUMBERGER COM 806857108 4668 74920SH SOLE 38370 0 36550
SPRINT COM 852061100 4631 85370SH SOLE 42470 0 42900
SUN MICROSYSTEMS COM 866810104 2567 27600SH SOLE 12400 0 15200
TJX COMPANIES COM 872540109 2360 84100SH SOLE 38700 0 45400
TEXACO COM 881694103 2228 35300SH SOLE 17400 0 17900
TEXAS INSTRUMENTS COM 882508104 2245 27300SH SOLE 12400 0 14900
TIME WARNER COM 887315109 6318 104000SH SOLE 49950 0 54050
TYCO INTERNATIONAL COM 902124106 2803 27150SH SOLE 14680 0 12470
UNITED TECHNOLOGIES COM 913017109 1821 30700SH SOLE 14700 0 16000
WAL-MART STORES COM 931142103 5841 122800SH SOLE 59200 0 63600
WALGREEN COM 931422109 2719 107160SH SOLE 55090 0 52070
WARNER-LAMBERT COM 934488107 1573 23700SH SOLE 11800 0 11900
WRIGLEY (WM) JR. COM 982526105 1307 19000SH SOLE 8900 0 10100
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