WINDHAM CAPITAL MANAGEMENT/NY
13F-HR, 2000-11-08
Previous: EXCELON CORP, 4, 2000-11-08
Next: EMERALD ADVISERS INC/PA, 13F-HR, 2000-11-08



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549

Form  13F
FORM 13F COVER PAGE

Report for the Calendar Year or Quarter Ended:  September 30, 2000

Check here if Amendment [ ]; Amendment Number:
	This Amendment (Check only one.):	[  ] is a restatement
						[  ]  adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:     Windham Capital Management
Address:  230 Park Avenue
	     New York, NY  10169

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: 212-973-5150

Signature, Place, and Date of Signing:

Neil M. McCarthy		New York, NY		11/08/00

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:	425,927
							(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





<TABLE>                 <C>                                      <C>
                                                                 FORM 13F INFORMATION TABLE
                                               VALUE     SHARES/ SH/PUT/INVSTMT    OTHER              VOTING AUTHORITY
NAME OF ISSUER          TITLE OF CLASS--CUSIP--(X$1000)  PRN AMT PRNCALLDSCRETN -MANAGERS-    SOLE    SHARED  NONE
ALCOA                   COM           013817101      2126   84008SH     SOLE                     53208      0  30800
AMERICA ONLINE          COM           02364J104      5381  100112SH     SOLE                     84690      0  15422
AMERICAN EXPRESS        COM           025816109      7601  125115SH     SOLE                    106515      0  18600
AMERICAN INTERNATIONAL  COM           026874107      9357   97783SH     SOLE                     79164      0  18619
AMGEN                   COM           031162100      1977   28310SH     SOLE                     20010      0   8300
AMR                     COM           001765106      4851  148412SH     SOLE                    116040      0  32372
ANHEUSER-BUSCH          COM           035229103      6871  162380SH     SOLE                    131340      0  31040
APPLIED MATERIALS       COM           038222105       965   16275SH     SOLE                      9775      0   6500
AT&T                    COM           001957109      4745  161530SH     SOLE                    127460      0  34070
AUTOMATIC DATA PROCESSINCOM           053015103      1400   20930SH     SOLE                     13130      0   7800
AVERY DENNISON          COM           053611109      1030   22220SH     SOLE                     13720      0   8500
AVON PRODUCTS           COM           054303102      3007   73570SH     SOLE                     44170      0  29400
BELLSOUTH               COM           079860102      1647   40920SH     SOLE                     24920      0  16000
CATERPILLAR             COM           149123101      1265   37490SH     SOLE                     23390      0  14100
CHARLES SCHWAB          COM           808513105      6337  178520SH     SOLE                    153890      0  24630
CHASE MANHATTAN         COM           16161A108      2053   44460SH     SOLE                     28460      0  16000
CISCO SYSTEMS           COM           17275R102     13692  247820SH     SOLE                    192470      0  55350
CITIGROUP               COM           172967101     22400  414329SH     SOLE                    336826      0  77503
CLEAR CHANNEL COMMUNICAT COM          184502102      4441   78610SH     SOLE                     66040      0  12570
CLOROX                  COM           189054109      2601   65740SH     SOLE                     39440      0  26300
COCA-COLA               COM           191216100      6903  125233SH     SOLE                    105543      0  19690
COMCAST SPL A           COM           200300200      5755  140570SH     SOLE                    119560      0  21010
COMPAQ COMPUTER         COM           204493100      1119   40570SH     SOLE                     26670      0  13900
CORNING                 COM           219350105      5699   19190SH     SOLE                     16340      0   2850
DELL COMPUTERS          COM           247025109      3415  110830SH     SOLE                     96000      0  14830
DISNEY (WALT)           COM           254687106      2212   57830SH     SOLE                     36530      0  21300
DU PONT (E.I.) DE NEMOURCOM           263534109      5994  144655SH     SOLE                    115480      0  29175
ELECTRONIC DATA SYSTEM  COM           285661104       859   20690SH     SOLE                     13390      0   7300
EMC                     COM           268648102      8409   84830SH     SOLE                     70530      0  14300
EXXON MOBIL CORPORATION COM           30231G102     11678  131030SH     SOLE                    100530      0  30500
FORD MOTOR              COM           345370860      4284  169228SH     SOLE                    134340      0  34888
GAP                     COM           364760108      1068   53075SH     SOLE                     35675      0  17400
GATEWAY                 COM           367626108       833   17820SH     SOLE                     11320      0   6500
GENERAL ELECTRIC        COM           369604103     28707  497638SH     SOLE                    389800      0 107838
GENERAL MOTORS          COM           370442105      1436   22090SH     SOLE                     14090      0   8000
GILLETTE                COM           375766102      2234   72350SH     SOLE                     45450      0  26900
HALLIBURTON             COM           406216101      2290   46800SH     SOLE                     28900      0  17900
HEWLETT-PACKARD         COM           428236103      4351   44855SH     SOLE                     37855      0   7000
HOME DEPOT              COM           437076102      5776  108860SH     SOLE                     90620      0  18240
INTEL                   COM           458140100     27007  649788SH     SOLE                    521730      0 128058
INTERNATIONAL BUSINESS MCOM           459200101      7382   65620SH     SOLE                     52310      0  13310
JOHNSON & JOHNSON       COM           478160104      2518   26800SH     SOLE                     18800      0   8000
LILLY (ELI)             COM           532457108      7141   88020SH     SOLE                     73910      0  14110
LUCENT                  COM           549463107      3944  129050SH     SOLE                    105710      0  23340
MARSH & MCLENNAN        COM           571748102      3296   24830SH     SOLE                     15330      0   9500
MCDONALD'S              COM           580135101      4921  163005SH     SOLE                    138465      0  24540
MERCK                   COM           589331107      8483  113955SH     SOLE                     92845      0  21110
MERRILL LYNCH           COM           590188108      2995   45380SH     SOLE                     28180      0  17200
MICRON                  COM           595112103       748   16250SH     SOLE                      9850      0   6400
MICROSOFT               COM           594918104     11721  194330SH     SOLE                    151660      0  42670
MORGAN (J.P.)           COM           616880100      3160   19340SH     SOLE                     12340      0   7000
MORGAN STANLEY DEAN WITTCOM           617446448      6473   70790SH     SOLE                     60640      0  10150
MOTOROLA                COM           620076109      1092   38650SH     SOLE                     24550      0  14100
NEXTEL COMMUNICATIONS   COM           65332V103      1064   22760SH     SOLE                     14460      0   8300
NIKE                    COM           654106103      6412  160040SH     SOLE                    132080      0  27960
NORTEL NETWORKS         COM           656568102      3009   50510SH     SOLE                     30610      0  19900
NORTHERN TRUST          COM           665859104      3405   38310SH     SOLE                     24110      0  14200
ORACLE SYSTEMS          COM           68389X105      8041  102107SH     SOLE                     79467      0  22640
PALM                    COM           696642107      1372   25915SH     SOLE                     16440      0   9475
PEPSICO                 COM           713448108      3194   69430SH     SOLE                     41230      0  28200
PFIZER                  COM           717081103     22390  498250SH     SOLE                    392925      0 105325
QUALCOMM                COM           747525103      1111   15590SH     SOLE                      9890      0   5700
ROYAL DUTCH PETROLEUM   COM           780257804      4498   75053SH     SOLE                     63413      0  11640
SBC COMMUNICATIONS      COM           78387G103      2995   59890SH     SOLE                     37790      0  22100
SCHLUMBERGER            COM           806857108     10690  129868SH     SOLE                    106947      0  22921
SPRINT                  COM           852061100      2688   91700SH     SOLE                     77250      0  14450
SPRINT PCS              COM           852061506      1096   31250SH     SOLE                     19150      0  12100
SUN MICROSYSTEMS        COM           866810104      8382   71796SH     SOLE                     58666      0  13130
TEXACO                  COM           881694103      1780   33910SH     SOLE                     21310      0  12600
TEXAS INSTRUMENTS       COM           882508104      3745   79360SH     SOLE                     66600      0  12760
TIME WARNER             COM           887315109     13790  176229SH     SOLE                    145390      0  30839
TYCO                    COM           902124106      4229   81520SH     SOLE                     69950      0  11570
UNITED TECHNOLOGIES     COM           913017109      1755   25350SH     SOLE                     15650      0   9700
VERIZON COMMUNICATIONS  COM           92343v104      1588   32780SH     SOLE                     20080      0  12700
VIACOM                  COM           925524308      2276   38914SH     SOLE                     23725      0  15189
WAL-MART STORES         COM           931142103      4669   97020SH     SOLE                     61820      0  35200
WORLDCOM                COM           98157d106      9644  317485SH     SOLE                    249880      0  67605
WRIGLEY (WM) JR.        COM           982526105      2422   32350SH     SOLE                     19550      0  12800
XILINX                  COM           983919101      1240   14480SH     SOLE                      8980      0   5500
YAHOO! INC.             COM           984332106       794    8730SH     SOLE                      5530      0   3200



</TABLE>


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission