<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
Form 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 31, 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: S.A.C. Capital Advisors, LLC
Address: 777 Long Ridge Road
Stamford, Connecticut 06902
Form 13F File Number: 28-5610
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: David A. Barnett
Address: Counsel
Phone: 203-614-2056
Signature, Place, and Date of Signing:
/s/David A. Barnett Stamford, Connecticut February 11, 2000
- -------------------------- ------------------------- ------------------------
[Signature] [City, State] [Date]
Report type (Check only one.):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this report manager
are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report, and
all holding are reported by other reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings
for this reporting manager are reported in this report and a portion
are reported by other reporting manager(s).)
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 2
--------------
Form 13F Information Table Entry Total: 375
--------------
Form 13F Information Table Value Total: $659,605
---------------
(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 manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column headings
and list entries.]
No. Form 13F File Number Name
2 28-5608 S.A.C. Capital Management, LLC
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[Repeat as necessary.]
3 28-5356 S.A.C. Capital Management, L.P.
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<PAGE>
<TABLE>
SAC CAPITAL ADVISORS, LLC
FORM 13F
12/31/99
<CAPTION>
CUSIP Market Value Amount and Investment Other Voting
Name of Issuer Title of Class Number (X$1000) Type ofSecurity Discretion Managers Authority
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
ABRAXAS PETROLEUM CORP Common Stock 003830106 224 238473 SH Shared-Defined 2,3 Shared
ABRAXAS PETROLEUM CORP RIGHTS Common Stock 0 238473 SH Shared-Defined 2,3 Shared
ACCESSIBLE SOTWARE INC Common Stock 004318101 325 50000 SH Shared-Defined 2,3 Shared
ACE LTD STK Common Stock G0070K103 209 12542 SH Shared-Defined 2,3 Shared
ACTIVISION STK Common Stock 4930202 720 47000 SH Shared-Defined 2,3 Shared
ADOBE SYS Common Stock 00724F101 336 5000 SH Shared-Defined 2,3 Shared
ADV MICRO DEV STK Common Stock 7903107 7129 246370 SH Shared-Defined 2,3 Shared
AIRTOUCH COMMUNICATIONS INC Common Stock 00949T100 1997 89000 SH Shared-Defined 2,3 Shared
AK STEEL HOLDING CORP Common Stock 1547108 5663 300000 SH Shared-Defined 2,3 Shared
ALLMERICA FINANCIAL Common Stock 019754100 329 5910 SH Shared-Defined 2,3 Shared
ALLSTATE CORPORATION Common Stock 20002101 1382 57600 SH Shared-Defined 2,3 Shared
ALTERA CORP Common Stock 21441100 978 19728 SH Shared-Defined 2,3 Shared
AMAZON COM INC Common Stock 023135106 571 7500 SH Shared-Defined 2,3 Shared
AMBASE CORP Common Stock 023164106 288 306000 SH Shared-Defined 2,3 Shared
AMER HOME PRODS STK Common Stock 26609107 8361 212000 SH Shared-Defined 2,3 Shared
AMERADA HESS STK Common Stock 23551104 207 3643 SH Shared-Defined 2,3 Shared
AMERICA ONLINE INC (DEL) Common Stock 02364J104 2167 28730 SH Shared-Defined 2,3 Shared
AMES DEPT STRS - AMES Common Stock 30789507 285 9900 SH Shared-Defined 2,3 Shared
AMGEN INC Common Stock 31162100 600 10000 SH Shared-Defined 2,3 Shared
AMSOUTH BANCORPORATION Common Stock 32165102 756 39160 SH Shared-Defined 2,3 Shared
ANDREW CORP Common Stock 34425108 1484 78600 SH Shared-Defined 2,3 Shared
ANNTAYLOR HLDGS INC Common Stock 36115103 1953 56710 SH Shared-Defined 2,3 Shared
APLIES FILMS CORP Common Stock 038197109 2126 147240 SH Shared-Defined 2,3 Shared
APPNET INC Common Stock 03831Q101 258 5900 SH Shared-Defined 2,3 Shared
APRIA HEALTHCARE GROUP INC. Common Stock 037933108 628 35000 SH Shared-Defined 2,3 Shared
APT SATELLITE Common Stock 9101106 111 24000 SH Shared-Defined 2,3 Shared
ARIBA INC Common Stock 04033V104 1859 10500 SH Shared-Defined 2,3 Shared
ASIA PULP & PAP Common Stock 4516V100 93 11810 SH Shared-Defined 2,3 Shared
ASSOCIATES FIRST CAPITAL A - A Common Stock 046008108 458 16700 SH Shared-Defined 2,3 Shared
AT HOME CORP-SER A Common Stock 045919107 1405 32700 SH Shared-Defined 2,3 Shared
AT&T CORP Common Stock 001957109 2496 49177 SH Shared-Defined 2,3 Shared
AXA FINL INC Common Stock 002451102 429 12660 SH Shared-Defined 2,3 Shared
BAAN COMPANY N.V. Common Stock N08044104 1721 122400 SH Shared-Defined 2,3 Shared
BAKER HUGHES INC. Common Stock 57224107 1369 65000 SH Shared-Defined 2,3 Shared
BANC ONE STK Common Stock 59438101 962 30000 SH Shared-Defined 2,3 Shared
BANK PLUS CORPORATION Common Stock 064446107 281 100000 SH Shared-Defined 2,3 Shared
BANK UNITED CORP Common Stock 065412108 772 28600 SH Shared-Defined 2,3 Shared
BARNES & NOBLE BOOKSTORES Common Stock 67774109 1164 56460 SH Shared-Defined 2,3 Shared
BARRICK GOLD CORP Common Stock 67901108 858 48500 SH Shared-Defined 2,3 Shared
BAUSCH & LOMB STK Common Stock 71707103 8962 130950 SH Shared-Defined 2,3 Shared
BB&T CORP Common Stock 054937107 1825 66680 SH Shared-Defined 2,3 Shared
BEYOND COM CORP Common Stock 08860E101 102 13200 SH Shared-Defined 2,3 Shared
BIOGEN Common Stock 90597105 844 10000 SH Shared-Defined 2,3 Shared
BJ SERVICES STK Common Stock 55482103 365 8722 SH Shared-Defined 2,3 Shared
BLOCKBUSTER INC. Common Stock 093679108 1672 125000 SH Shared-Defined 2,3 Shared
BOISE CASCADE CORP Common Stock 97383103 249 6145 SH Shared-Defined 2,3 Shared
BROCADE COMMUNICATIONS SYSTEMS Common Stock 111621108 659 3750 SH Shared-Defined 2,3 Shared
BSQUARE CORP Common Stock 11776U102 419 10000 SH Shared-Defined 2,3 Shared
BURLINGTON NORTH STK Common Stock 12189T104 293 12100 SH Shared-Defined 2,3 Shared
BURLINGTON RSC STK Common Stock 122014103 1658 50152 SH Shared-Defined 2,3 Shared
C R BARD STK Common Stock 67383109 204 3850 SH Shared-Defined 2,3 Shared
CADENCE DESIGN SYSTEMS INC Common Stock 127387108 754 31410 SH Shared-Defined 2,3 Shared
CALL DSET JAN 30 Option 262504ABW 238 280 CALL Shared-Defined 2,3 Shared
CALL OEX 800 Option A80000OEX 870 600 CALL Shared-Defined 2,3 Shared
CALL THQ FEB 40 Option 885535BCM 450 500 CALL Shared-Defined 2,3 Shared
CALL THQ FEB 55 Option 885535BDL 464 2250 CALL Shared-Defined 2,3 Shared
CAMPBELL SOUP STK Common Stock 134429109 317 8198 SH Shared-Defined 2,3 Shared
CAREER BUILDER INC Common Stock 141684100 322 50000 SH Shared-Defined 2,3 Shared
CAREMARK RX INC Common Stock 141705103 1848 365000 SH Shared-Defined 2,3 Shared
CATERPILLAR INC Common Stock 149123101 9098 193311 SH Shared-Defined 2,3 Shared
CENTURY TELEPHON STK Common Stock 156686107 474 10000 SH Shared-Defined 2,3 Shared
CERTICOM CORP Common Stock 156915100 594 10000 SH Shared-Defined 2,3 Shared
CHAMPION INTL CORP Common Stock 158525105 217 3500 SH Shared-Defined 2,3 Shared
CHASE MANHATTAN STK Common Stock 16161A108 2603 33500 SH Shared-Defined 2,3 Shared
CHEVRON STK Common Stock 166751107 8520 98354 SH Shared-Defined 2,3 Shared
CHURCH & DWIGHT CO INC Common Stock 171340102 508 19018 SH Shared-Defined 2,3 Shared
CIA ANONIMA TELEF DE VENEZUELA Common Stock 204421101 3664 148800 SH Shared-Defined 2,3 Shared
CIENA CORP Common Stock 171779101 1725 30000 SH Shared-Defined 2,3 Shared
CIGNA STK Common Stock 125509109 467 5800 SH Shared-Defined 2,3 Shared
CITIGROUP INC Common Stock 172967101 5291 95227 SH Shared-Defined 2,3 Shared
CITY NATIONAL CORP. Common Stock 178566105 227 6900 SH Shared-Defined 2,3 Shared
CNA FINANCIAL STK Common Stock 126117100 464 11920 SH Shared-Defined 2,3 Shared
COASTAL STK Common Stock 190441105 250 7062 SH Shared-Defined 2,3 Shared
COBALT GROUP INC Common Stock 747525103 96 10100 SH Shared-Defined 2,3 Shared
COLUMBIA/HCA HEALTHCARE CORP Common Stock 197677107 2452 83650 SH Shared-Defined 2,3 Shared
COMERICA STK Common Stock 200340107 369 7900 SH Shared-Defined 2,3 Shared
COMMERCE GROUP INC Common Stock 200641108 455 17435 SH Shared-Defined 2,3 Shared
COMMSCOPE Common Stock 203372107 232 5750 SH Shared-Defined 2,3 Shared
COMPAQ COMPUTER - CPQ Common Stock 204493100 31033 1146710 SH Shared-Defined 2,3 Shared
COMPUSA STK Common Stock 204932107 119 23240 SH Shared-Defined 2,3 Shared
COMPUTER ASSOC - CA Common Stock 204912109 6945 99300 SH Shared-Defined 2,3 Shared
COMPUWARE CORP Common Stock 205638109 1116 30000 SH Shared-Defined 2,3 Shared
CONAGRA STK Common Stock 205887102 252 11190 SH Shared-Defined 2,3 Shared
CONCORD EFS INC Common Stock 206197105 329 12800 SH Shared-Defined 2,3 Shared
CONEXANY SYSTEMS Common Stock 207142100 1328 20100 SH Shared-Defined 2,3 Shared
CONS FREIGHTWAYS STK Common Stock 209237106 225 6526 SH Shared-Defined 2,3 Shared
COOPER INDS STK Common Stock 216669101 326 8060 SH Shared-Defined 2,3 Shared
COORS (ADOLPH)-CL B Common Stock 217016104 225 4277 SH Shared-Defined 2,3 Shared
COPPER MOUNTAIN NETWORKS CMTN Common Stock 217510106 3148 64900 SH Shared-Defined 2,3 Shared
CORAM HLTHCARE STK Common Stock 218103109 616 896069 SH Shared-Defined 2,3 Shared
COVAD COMM GROUP Common Stock 222814204 2270 40800 SH Shared-Defined 2,3 Shared
CYBERCASH INC Common Stock 232462101 112 12100 SH Shared-Defined 2,3 Shared
CYMER INC Common Stock 232572107 276 6000 SH Shared-Defined 2,3 Shared
CYRK INC Common Stock 232817106 475 40000 SH Shared-Defined 2,3 Shared
CYTEC INDS STK Common Stock 232820100 228 9850 SH Shared-Defined 2,3 Shared
D.R. HORTON INC Common Stock 23331A109 333 24080 SH Shared-Defined 2,3 Shared
DAN RIVER INC Common Stock 235774106 67 13091 SH Shared-Defined 2,3 Shared
DANA STK Common Stock 235811106 599 20000 SH Shared-Defined 2,3 Shared
DANAHER STK Common Stock 235851102 368 7630 SH Shared-Defined 2,3 Shared
DARDEN RESTUARANTS INC Common Stock 237194105 313 17270 SH Shared-Defined 2,3 Shared
DELL COMPUTER CORP Common Stock 247025109 2477 48600 SH Shared-Defined 2,3 Shared
DELPHI AUTOMOTIVE SYS CORP Common Stock 247126105 1362 86500 SH Shared-Defined 2,3 Shared
DEVELOPERS DIVERS REALTY CRP Common Stock 251591100 379 29431 SH Shared-Defined 2,3 Shared
DEVON ENERGY STK Common Stock 25179M103 2010 61140 SH Shared-Defined 2,3 Shared
DIAL STK Common Stock 252470109 204 8400 SH Shared-Defined 2,3 Shared
DIAMOND OFFSHORE DRILLING, INC Common Stock 25271C102 1519 49705 SH Shared-Defined 2,3 Shared
DIME BNCP STK Common Stock 25429Q102 476 31500 SH Shared-Defined 2,3 Shared
DONCASTERS PLC Common Stock 257692103 135 15000 SH Shared-Defined 2,3 Shared
DOT HILL SYSTEMS CORP Common Stock 25848T109 185 37500 SH Shared-Defined 2,3 Shared
DOVER STK Common Stock 260003108 231 5100 SH Shared-Defined 2,3 Shared
DSET CORPORATION NASD Common Stock 262504103 2243 60000 SH Shared-Defined 2,3 Shared
DUKE POWER STK Common Stock 264399106 5364 107020 SH Shared-Defined 2,3 Shared
DUPONT STK Common Stock 263534109 823 12500 SH Shared-Defined 2,3 Shared
DURA PHARMS Common Stock 26632S109 697 50000 SH Shared-Defined 2,3 Shared
EDGAR ONLINE Common Stock 279765101 166 22510 SH Shared-Defined 2,3 Shared
EDISON BROTHERS STORES INC Common Stock 280875303 0 296538 SH Shared-Defined 2,3 Shared
ELECTRONIC DATA SYSTEMS Common Stock 281067306 1452 21690 SH Shared-Defined 2,3 Shared
ENGELHARD CORP Common Stock 292845104 836 44300 SH Shared-Defined 2,3 Shared
ENSCO INTL STK Common Stock 26874Q100 1006 43980 SH Shared-Defined 2,3 Shared
EVEREST REINSURANCE Common Stock 299808105 6772 303500 SH Shared-Defined 2,3 Shared
EXEL STK Common Stock G3242A102 2461 47450 SH Shared-Defined 2,3 Shared
FAMILY DLR STRS STK Common Stock 307000109 3138 192370 SH Shared-Defined 2,3 Shared
FED DEPT STRS STK Common Stock 31410H101 1381 27320 SH Shared-Defined 2,3 Shared
FEDERAL HOME LN STK Common Stock 313400301 415 8814 SH Shared-Defined 2,3 Shared
FEDERAL MOGUL STK Common Stock 313549107 2738 136040 SH Shared-Defined 2,3 Shared
FINET.COM INC Common Stock 317922300 840 655600 SH Shared-Defined 2,3 Shared
FIRST UNION STK Common Stock 337358105 2008 61210 SH Shared-Defined 2,3 Shared
FIRSTAR CORP WIS-NEW Common Stock 33763V109 22326 1056870 SH Shared-Defined 2,3 Shared
FLEETBOSTON FINL CORP Common Stock 339030108 1794 51530 SH Shared-Defined 2,3 Shared
FLEETWOOD ENTER STK Common Stock 339099103 308 14920 SH Shared-Defined 2,3 Shared
FMC CORP NEW Common Stock 302491303 327 5700 SH Shared-Defined 2,3 Shared
FOCUS ENHANCEMENTS INC Common Stock 344159108 309 37500 SH Shared-Defined 2,3 Shared
FORD MOTOR STK Common Stock 345370100 337 6300 SH Shared-Defined 2,3 Shared
FPL GROUP INC Common Stock 302571104 15100 352700 SH Shared-Defined 2,3 Shared
FRANCHISE FINANCE CORP Common Stock 351807102 392 16385 SH Shared-Defined 2,3 Shared
GEMSTAR INTL GROUP LTD Common Stock 3788V1067 8820 124000 SH Shared-Defined 2,3 Shared
GENERAL GROWTH PROPERTIES Common Stock 370021107 364 13000 SH Shared-Defined 2,3 Shared
GENERAL MAGIC LTD Common Stock 370253106 899 232000 SH Shared-Defined 2,3 Shared
GENERAL MILLS STK Common Stock 370334104 5211 145750 SH Shared-Defined 2,3 Shared
GENERAL MOTORS Common Stock 370442105 4839 66570 SH Shared-Defined 2,3 Shared
GILEAD SCIENCES INC Common Stock 375558103 1233 22800 SH Shared-Defined 2,3 Shared
GLOBAL MARINE STK Common Stock 379352404 1471 88498 SH Shared-Defined 2,3 Shared
GM CLASS H STK Common Stock 370442501 240 2500 SH Shared-Defined 2,3 Shared
GOODYEAR TIRE STK Common Stock 382550101 888 31500 SH Shared-Defined 2,3 Shared
GREAT ATLANTIC STK Common Stock 390064103 250 8972 SH Shared-Defined 2,3 Shared
HALLIBURTON CO Common Stock 406216101 375 9309 SH Shared-Defined 2,3 Shared
HARCOURT GEN STK Common Stock 41163G101 1296 32200 SH Shared-Defined 2,3 Shared
HASBRO INC Common Stock 418056107 2792 146460 SH Shared-Defined 2,3 Shared
HEALTH CARE PROP STK Common Stock 421915109 710 29732 SH Shared-Defined 2,3 Shared
HEALTHCARE REALTY TR INC Common Stock 421946104 172 11000 SH Shared-Defined 2,3 Shared
HEALTHSOUTH STK Common Stock 421924101 346 64400 SH Shared-Defined 2,3 Shared
HELMERICH STK Common Stock 423452101 731 33500 SH Shared-Defined 2,3 Shared
HJ HEINZ STK Common Stock 423074103 9562 240170 SH Shared-Defined 2,3 Shared
HOLLYWOOD ENTER Common Stock 436141105 8929 621150 SH Shared-Defined 2,3 Shared
HOLLYWOOD INSURANCE PLACE INC Common Stock 436222103 809 56250 SH Shared-Defined 2,3 Shared
HOMESTAKE MINING STK Common Stock 437614100 156 20000 SH Shared-Defined 2,3 Shared
HONEYWELL STK Common Stock 438506107 865 15000 SH Shared-Defined 2,3 Shared
HORMEL FOODS STK Common Stock 440452100 240 5910 SH Shared-Defined 2,3 Shared
HOUSEHOLD INTL STK Common Stock 441815107 855 22950 SH Shared-Defined 2,3 Shared
HUDSON UNITED BANCORP Common Stock 444165104 418 16362 SH Shared-Defined 2,3 Shared
HUMANA STK Common Stock 444859102 132 16172 SH Shared-Defined 2,3 Shared
HUNTINGTON BANCSHARE INC Common Stock 446150104 655 27500 SH Shared-Defined 2,3 Shared
HYUNDAI ENG & CONST WTS 7-02 Warrants 540 18000000 SH Shared-Defined 2,3 Shared
I2 TECHNOLOGIES Common Stock 465754109 487 2500 SH Shared-Defined 2,3 Shared
IDM ENVIRONMENTAL Common Stock 449391309 499 30000 SH Shared-Defined 2,3 Shared
IKON OFFICE Common Stock 451713101 170 25000 SH Shared-Defined 2,3 Shared
IMCLONE SYS Common Stock 45245W109 988 25000 SH Shared-Defined 2,3 Shared
INFINITY BROADCASTING CRP CL-A Common Stock 456626100 923 25500 SH Shared-Defined 2,3 Shared
INFORMIIX CORPORATION Common Stock 456779107 1243 108700 SH Shared-Defined 2,3 Shared
INSO CORP Common Stock 457674109 1329 41200 SH Shared-Defined 2,3 Shared
INTEL CORP Common Stock 458140100 7353 89400 SH Shared-Defined 2,3 Shared
INTERSTATE NATIONAL DEALERS Common Stock 46102P104 1536 276200 SH Shared-Defined 2,3 Shared
INTEST CORP Common Stock 46147100 360 20000 SH Shared-Defined 2,3 Shared
INTL PAPER STK Common Stock 460146103 279 4948 SH Shared-Defined 2,3 Shared
INTL SPEEDWAY A Common Stock 281195201 700 14000 SH Shared-Defined 2,3 Shared
INTROGEN THERAPEUTICS INC. Common Stock 46119F107 289 28901 SH Shared-Defined 2,3 Shared
IPALCO ENTR INC Common Stock 462613100 179 10500 SH Shared-Defined 2,3 Shared
J D EDWARDS Common Stock 0002816671 1270 42500 SH Shared-Defined 2,3 Shared
JACK IN THE BOX INC Common Stock 466367109 260 12550 SH Shared-Defined 2,3 Shared
JAN XAU CALL 65 Option A06500XAU 205 400 CALL Shared-Defined 2,3 Shared
JOHNS MANVILLE CORPORATION Common Stock 478129109 254 18160 SH Shared-Defined 2,3 Shared
JOHNSON CONTROLS STK Common Stock 478366107 284 5000 SH Shared-Defined 2,3 Shared
JP MORGAN STK Common Stock 616880100 8749 69090 SH Shared-Defined 2,3 Shared
K MART STK Common Stock 482584109 1455 144550 SH Shared-Defined 2,3 Shared
KEEBLER FOODS Common Stock 487256109 287 10215 SH Shared-Defined 2,3 Shared
KEMET CORP Common Stock 488360108 2470 54810 SH Shared-Defined 2,3 Shared
KEYSPAN ENERGY - KSE Common Stock 49337W100 226 9750 SH Shared-Defined 2,3 Shared
KIMBERLY CLARK CORP Common Stock 494368103 326 5000 SH Shared-Defined 2,3 Shared
KIMCO REALTY STK Common Stock 49446R109 331 9763 SH Shared-Defined 2,3 Shared
KINDER MORGAN INC Common Stock 49455P101 364 18022 SH Shared-Defined 2,3 Shared
KINROSS GOLD CORP Common Stock 496902107 94 50000 SH Shared-Defined 2,3 Shared
KNIGHT RIDDER STK Common Stock 499040103 493 8284 SH Shared-Defined 2,3 Shared
KOHLS STK Common Stock 500255104 429 5939 SH Shared-Defined 2,3 Shared
KOSPI OPT GSCO 01/13/00 120P Option 137 347446974 PUT Shared-Defined 2,3 Shared
KOSPI OPT GSCO 01/13/00 125P Option 417 347446974 PUT Shared-Defined 2,3 Shared
LAB CP OF AMER STK Common Stock 50540R102 11310 3067100 SH Shared-Defined 2,3 Shared
LAIDLAW INC Common Stock 50730K503 525 100000 SH Shared-Defined 2,3 Shared
LANIER WORLDWID INC Common Stock 51589L105 39 10000 SH Shared-Defined 2,3 Shared
LATTICE SEMICONDUCTOR CORP. Common Stock 5184415104 1057 22400 SH Shared-Defined 2,3 Shared
LEAR SEATING STK Common Stock 521893107 2381 74420 SH Shared-Defined 2,3 Shared
LEGATO SYSTEMS INC Common Stock 524651106 2798 40700 SH Shared-Defined 2,3 Shared
LEHMAN BROS STK Common Stock 524908100 1152 13600 SH Shared-Defined 2,3 Shared
LIBERTY PROP STK Common Stock 531172104 347 14310 SH Shared-Defined 2,3 Shared
LIFEPOINT HOSPITALS Common Stock 53219L109 2233 190000 SH Shared-Defined 2,3 Shared
LINEAR TECHNOLOGY CORP. Common Stock 535678106 379 5300 SH Shared-Defined 2,3 Shared
LOUISIANA PAC STK Common Stock 546347105 1778 124780 SH Shared-Defined 2,3 Shared
LTV STK Common Stock 501921100 3300 800000 SH Shared-Defined 2,3 Shared
LYONDELL STK Common Stock 552078107 7842 615020 SH Shared-Defined 2,3 Shared
MANDALAY RESORT GROUP Common Stock 562567107 638 31725 SH Shared-Defined 2,3 Shared
MANPOWER STK Common Stock 56418H100 1196 31800 SH Shared-Defined 2,3 Shared
MASCO STK Common Stock 574599106 202 7963 SH Shared-Defined 2,3 Shared
MASCOTECH INC Common Stock 574670105 315 24848 SH Shared-Defined 2,3 Shared
MATTEL STK Common Stock 577081102 4955 377500 SH Shared-Defined 2,3 Shared
MAXTOR CORP Common Stock 577729205 115 15900 SH Shared-Defined 2,3 Shared
MCCLEOD INC Common Stock 582266102 588 10000 SH Shared-Defined 2,3 Shared
MCKESSON STK Common Stock 581557105 4108 182052 SH Shared-Defined 2,3 Shared
MEDSCAPE INC Common Stock 585046105 250 25000 SH Shared-Defined 2,3 Shared
MERCK & CO INC Common Stock 589331107 214 3195 SH Shared-Defined 2,3 Shared
MERISEL INC Common Stock 589849108 98 78680 SH Shared-Defined 2,3 Shared
MERITOR SAVINGS BANK Common Stock 59000710 24 19370 SH Shared-Defined 2,3 Shared
MERRILL LYNCH & CO STK Common Stock 590188108 1774 21240 SH Shared-Defined 2,3 Shared
METRO GOLDWYN Common Stock 591610100 492 20865 SH Shared-Defined 2,3 Shared
MGM GRAND STK Common Stock 552953101 229 4550 SH Shared-Defined 2,3 Shared
MICROAGE INCORPORATED Common Stock 594928103 39 11100 SH Shared-Defined 2,3 Shared
MICROSOFT CORP Common Stock 594918104 327 2800 SH Shared-Defined 2,3 Shared
MICROWAVE PWR DEVICES DEL C Common Stock 59517M103 134 18750 SH Shared-Defined 2,3 Shared
MIH LTD Common Stock 2208 48000 SH Shared-Defined 2,3 Shared
MODIS PROF SERV Common Stock 607830106 1033 72500 SH Shared-Defined 2,3 Shared
MOLEX Common Stock 608554200 5146 115000 SH Shared-Defined 2,3 Shared
MONSANTO CO Common Stock 611662107 2138 60000 SH Shared-Defined 2,3 Shared
MSC INDUSTRIAL Common Stock 553530106 3458 261000 SH Shared-Defined 2,3 Shared
N FORK BANCORP Common Stock 659424105 586 33490 SH Shared-Defined 2,3 Shared
NABISCO HOLDINGS CORP-CL A Common Stock 629526104 3320 104995 SH Shared-Defined 2,3 Shared
NATL SEMICONDUCT STK Common Stock 637640103 3088 72120 SH Shared-Defined 2,3 Shared
NAVISTAR STK Common Stock 63934E108 332 7000 SH Shared-Defined 2,3 Shared
NCR CORP Common Stock 62886E108 1240 32740 SH Shared-Defined 2,3 Shared
NDS PLC ADS Common Stock 628891103 1220 40000 SH Shared-Defined 2,3 Shared
NETSPEAK CORP Common Stock 64115D109 251 12000 SH Shared-Defined 2,3 Shared
NETWORKS ASSOC INC Common Stock 640938106 3890 146110 SH Shared-Defined 2,3 Shared
NEW ERA NETWORKS Common Stock 644312100 1195 25100 SH Shared-Defined 2,3 Shared
NEW FRONTIER MEDIA INC Common Stock 644398109 4663 1130400 SH Shared-Defined 2,3 Shared
NEWBRIDGE NET STK Common Stock 650901101 12742 564730 SH Shared-Defined 2,3 Shared
NEXTEL COMMUNICATIONS-A Common Stock 65332V103 773 7500 SH Shared-Defined 2,3 Shared
NISSAN MTR SPONSORED ADR Common Stock 654744408 197 25000 SH Shared-Defined 2,3 Shared
NOBLE AFFILIATES STK Common Stock 654894104 939 43800 SH Shared-Defined 2,3 Shared
NORTHPOINT COMMUNICATIONS Common Stock 666610100 240 10090 SH Shared-Defined 2,3 Shared
NUCOR CORP Common Stock 670346105 331 6030 SH Shared-Defined 2,3 Shared
OAK TECH INC Common Stock 671802106 904 94580 SH Shared-Defined 2,3 Shared
OCEAN ENERGY Common Stock 674812102 1754 226317 SH Shared-Defined 2,3 Shared
OFFICE DEPOT STK Common Stock 676220106 537 49140 SH Shared-Defined 2,3 Shared
OKLAHOMA G & E STK Common Stock 678858101 217 11430 SH Shared-Defined 2,3 Shared
OLD KENT FINANCIAL CORP Common Stock 679833103 630 17800 SH Shared-Defined 2,3 Shared
ONEITA INC Common Stock 682655105 81 5811987 SH Shared-Defined 2,3 Shared
OPENTV CORPORATION Common Stock VGG6754310 2006 25000 SH Shared-Defined 2,3 Shared
OSULLIVAN SENIOR PREFERRED 12% Common Stock 67104Q205 63 105000 SH Shared-Defined 2,3 Shared
OXFORD HEALTH PLANS, INC. Common Stock 691471106 363 28615 SH Shared-Defined 2,3 Shared
PACIFIC CENTURY CYBERWORKS Common Stock Y6801N100 46 20000 SH Shared-Defined 2,3 Shared
PACIFIC GATEWAY EX Common Stock 694327107 542 31900 SH Shared-Defined 2,3 Shared
PAINE WEBBER STK Common Stock 695629105 1743 44920 SH Shared-Defined 2,3 Shared
PARAMETRIC TECH STK Common Stock 699173100 5327 197300 SH Shared-Defined 2,3 Shared
PARTNERRE LTD Common Stock G6852T105 494 15220 SH Shared-Defined 2,3 Shared
PCORDER.COM Common Stock 70453H107 204 4000 SH Shared-Defined 2,3 Shared
PEAK INTL LTD Common Stock 69586108 1269 123830 SH Shared-Defined 2,3 Shared
PENNEYS JC STK Common Stock 708160106 5981 300000 SH Shared-Defined 2,3 Shared
PENTAIR INC Common Stock 709631105 489 12690 SH Shared-Defined 2,3 Shared
PEOPLESOFT INC COM Common Stock 712713106 1411 66400 SH Shared-Defined 2,3 Shared
PEPSI BOTTLING GROUP INC Common Stock 713409100 828 50000 SH Shared-Defined 2,3 Shared
PHARNACIA & UPJOHN INC Common Stock 716941109 18747 416600 SH Shared-Defined 2,3 Shared
PHOTON DYNAMICS INC Common Stock 719364101 4459 115820 SH Shared-Defined 2,3 Shared
PINNACLE WEST STK Common Stock 723484101 229 7500 SH Shared-Defined 2,3 Shared
PIONEER NATURAL RES CO Common Stock 723787107 111 12450 SH Shared-Defined 2,3 Shared
PLACER DOME INC Common Stock 725906101 274 25500 SH Shared-Defined 2,3 Shared
PNC BANK STK Common Stock 693475105 3074 69070 SH Shared-Defined 2,3 Shared
POGO PRODUCING STK Common Stock 730448107 398 19400 SH Shared-Defined 2,3 Shared
POHANG ORDS POSCO 12/26/00 1C Option 5170 47000 CALL Shared-Defined 2,3 Shared
POST PROPERTIES INC Common Stock 737464107 577 15076 SH Shared-Defined 2,3 Shared
PP & L RESOURCES STK Common Stock 693499105 251 10990 SH Shared-Defined 2,3 Shared
PRENTISS PROP Common Stock 740706106 256 12170 SH Shared-Defined 2,3 Shared
PRESSTEK INC. Common Stock 741113104 688 50000 SH Shared-Defined 2,3 Shared
PREVIEW SYSTEMS INC Common Stock 741379101 1011 15800 SH Shared-Defined 2,3 Shared
PRIDE INTL Common Stock 0007419321 184 12600 SH Shared-Defined 2,3 Shared
PRODIGY COMMUNICATIONS CORP Common Stock 574283P107 3875 200000 SH Shared-Defined 2,3 Shared
PUT OZE JAN 75 Option M77500OEZ 205 200 PUT Shared-Defined 2,3 Shared
QUINTEL ENTERTAINMENT INC Common Stock 748762101 533 60000 SH Shared-Defined 2,3 Shared
RADION GROUP INC Common Stock 750236101 309 6470 SH Shared-Defined 2,3 Shared
RALSTON RALSTON STK Common Stock 751277302 1596 57252 SH Shared-Defined 2,3 Shared
RARE MEDIUM GROUP INC Common Stock 449238203 9180 272000 SH Shared-Defined 2,3 Shared
RATIONAL SOFTWARE CORP NEW Common Stock 7409P202 4028 82000 SH Shared-Defined 2,3 Shared
RAYTHEON CO CLASS B Common Stock 755111309 1248 47000 SH Shared-Defined 2,3 Shared
RCN CORPORATION Common Stock 749361101 484 10000 SH Shared-Defined 2,3 Shared
REDBACK NETWORK INC Common Stock 757209101 2600 14690 SH Shared-Defined 2,3 Shared
RELIANT ENERGY INC Common Stock 75952J108 332 14500 SH Shared-Defined 2,3 Shared
RENAISSANCERE HOLDINGS LTD. Common Stock G7496G103 452 11070 SH Shared-Defined 2,3 Shared
REPUBLIC NEW YORK CORP Common Stock 760719104 209 2900 SH Shared-Defined 2,3 Shared
RHYTHMS NETCONNECTIONS INC Common Stock 762430205 930 30010 SH Shared-Defined 2,3 Shared
ROGERS COMMUNICATIONS INC. Common Stock 775109200 1238 50000 SH Shared-Defined 2,3 Shared
ROHM & HAAS CO Common Stock 775371107 578 14200 SH Shared-Defined 2,3 Shared
ROSTELECOM ADR Common Stock 778529107 1063 63000 SH Shared-Defined 2,3 Shared
ROYAL DUTCH PETROLEUM CO Common Stock 780257804 2266 37500 SH Shared-Defined 2,3 Shared
RPM INC Common Stock 749685103 150 14750 SH Shared-Defined 2,3 Shared
RSL COMMUNICATIONS LTD CL A Common Stock 7702U1027 1706 100000 SH Shared-Defined 2,3 Shared
SANGSTAT MEDICAL Common Stock 801003104 646 21750 SH Shared-Defined 2,3 Shared
SANMINA CORP Common Stock 800907107 2037 20500 SH Shared-Defined 2,3 Shared
SAVOIR TECH GRP Common Stock 80533W107 420 61100 SH Shared-Defined 2,3 Shared
SBC COMMS STK Common Stock 78387G103 504 10333 SH Shared-Defined 2,3 Shared
SCHERING PLOUGH STK Common Stock 806605101 947 22453 SH Shared-Defined 2,3 Shared
SCHLUMBERGER LTD Common Stock 806857108 4562 81100 SH Shared-Defined 2,3 Shared
SCIENT ATLANTA STK Common Stock 808655104 289 5200 SH Shared-Defined 2,3 Shared
SEAGRAM STK Common Stock 811850106 1344 29900 SH Shared-Defined 2,3 Shared
SEALED AIR STK Common Stock 812115103 1047 20200 SH Shared-Defined 2,3 Shared
SEARS ROEBUCK STK Common Stock 812387108 294 9675 SH Shared-Defined 2,3 Shared
SEMTECH CORP Common Stock 816850101 598 11500 SH Shared-Defined 2,3 Shared
SENSAR CORPORATION Common Stock 817253107 13225 221800 SH Shared-Defined 2,3 Shared
SHELL SWAP DEUTSCHE 46ME Swap 12019 1464560 SH Shared-Defined 2,3 Shared
SHERWIN WILLIAMS STK Common Stock 824348106 378 18010 SH Shared-Defined 2,3 Shared
SIEBAL SYSTEMS INC Common Stock 826170102 2275 27000 SH Shared-Defined 2,3 Shared
SIMON DEBARTOLO GROUP INC NYSE Common Stock 828806109 615 26800 SH Shared-Defined 2,3 Shared
SIMPSON INDUSTRIES Common Stock 829060102 448 40000 SH Shared-Defined 2,3 Shared
SOFTWARE AG SYSTEM Common Stock 834025108 698 35000 SH Shared-Defined 2,3 Shared
SOLUTIA INC Common Stock 834376105 4377 283500 SH Shared-Defined 2,3 Shared
SOUTHERN STK Common Stock 842587107 5934 252500 SH Shared-Defined 2,3 Shared
SPIEKER PROPS STK Common Stock 848497103 319 8750 SH Shared-Defined 2,3 Shared
SPLITROCK SERVICES Common Stock 848636304 839 43000 SH Shared-Defined 2,3 Shared
STARBUCK CORPORATION Common Stock 855244109 3686 152000 SH Shared-Defined 2,3 Shared
STERLING SFTW STK Common Stock 859547101 1772 56265 SH Shared-Defined 2,3 Shared
STORAGE USA Common Stock 861907103 371 12270 SH Shared-Defined 2,3 Shared
STRAWBRIDGE A Common Stock 863200101 0 32861 SH Shared-Defined 2,3 Shared
STYLECLICK.COM INC Common Stock 864221106 794 66500 SH Shared-Defined 2,3 Shared
SUN COMPANY STK Common Stock 866762107 981 41750 SH Shared-Defined 2,3 Shared
SUN INTL HOTELS Common Stock P8797T133 7879 406680 SH Shared-Defined 2,3 Shared
SYNOPSIS INC Common Stock 871607107 306 4600 SH Shared-Defined 2,3 Shared
TANDY CORP Common Stock 875382103 654 13290 SH Shared-Defined 2,3 Shared
TELEBRAS TBH JAN 00 115P Option 430 2150 PUT Shared-Defined 2,3 Shared
TELEDYNE STK Common Stock 879335107 5415 573800 SH Shared-Defined 2,3 Shared
TELENORTE LESTE APRTICIP - ADR Common Stock 893 35000 SH Shared-Defined 2,3 Shared
TENET HEALTHCARE - THC Common Stock 88033G100 3384 144000 SH Shared-Defined 2,3 Shared
TERAYON COMMUNICATION SYS Common Stock 880775101 1709 27200 SH Shared-Defined 2,3 Shared
TEXACO INC Common Stock 881694103 3553 65420 SH Shared-Defined 2,3 Shared
TEXAS INSTRUMENT STK Common Stock 882508104 1279 13200 SH Shared-Defined 2,3 Shared
TEXAS UTILS ELEC STK Common Stock 882848104 5334 150000 SH Shared-Defined 2,3 Shared
THE PITTSTON COMPANY Common Stock 725701106 1892 86000 SH Shared-Defined 2,3 Shared
THREE COM-COMS Common Stock 885535104 6548 139500 SH Shared-Defined 2,3 Shared
TLC BEATRICE INTL HLDGS INC Common Stock 872542105 198 74000 SH Shared-Defined 2,3 Shared
TODAYS MAN INC NEW Common Stock 888910205 492 874624 SH Shared-Defined 2,3 Shared
TOSCO STK Common Stock 891490302 201 7400 SH Shared-Defined 2,3 Shared
TOWER AUTOMOTIVE Common Stock 891707101 504 32640 SH Shared-Defined 2,3 Shared
TOYS R US STK Common Stock 892335100 573 40030 SH Shared-Defined 2,3 Shared
TRIAD HOSPITALS INC Common Stock 89579K109 1175 80000 SH Shared-Defined 2,3 Shared
TRICON GLOBAL RESTAURANTS Common Stock 895953107 283 7330 SH Shared-Defined 2,3 Shared
TRIKON TECHNOLOGIES INC Common Stock 896187408 648 61000 SH Shared-Defined 2,3 Shared
TSI INTL SOFTWARE INC Common Stock 872879101 1000 17700 SH Shared-Defined 2,3 Shared
TV AZTECA Common Stock 901145102 1800 200000 SH Shared-Defined 2,3 Shared
U S BANCORP-DEL Common Stock 902973106 2577 108210 SH Shared-Defined 2,3 Shared
UNIONBANCAL CORP Common Stock 908906100 600 15205 SH Shared-Defined 2,3 Shared
UNITED HEALTH STK Common Stock 910581107 201 3777 SH Shared-Defined 2,3 Shared
UNIVIEW TECHNOLOGIES CORP Common Stock 915282206 231 50000 SH Shared-Defined 2,3 Shared
USX MARATHON STK Common Stock 902905827 970 39300 SH Shared-Defined 2,3 Shared
UTD DOMINION REALTY Common Stock 910197102 560 56675 SH Shared-Defined 2,3 Shared
VENATOR GROUP INC Common Stock 922944103 3743 534750 SH Shared-Defined 2,3 Shared
VENTAS INC Common Stock 92276F100 284 70000 SH Shared-Defined 2,3 Shared
VIANT CORP Common Stock 92553N107 2723 28000 SH Shared-Defined 2,3 Shared
VIATEL INC Common Stock 925529208 268 5000 SH Shared-Defined 2,3 Shared
VINTAGE PETRO STK Common Stock 927460105 306 25400 SH Shared-Defined 2,3 Shared
WACHOVIA STK Common Stock 929771103 1244 18300 SH Shared-Defined 2,3 Shared
WASTE MANAGEMENT INC Common Stock 94106L109 779 45330 SH Shared-Defined 2,3 Shared
WEINGARTEN REALTY INVST Common Stock 948741103 456 11710 SH Shared-Defined 2,3 Shared
WELLS FARGO STK Common Stock 949740104 2485 61465 SH Shared-Defined 2,3 Shared
WESTPOINT STEVENS INC Common Stock 961238102 438 25000 SH Shared-Defined 2,3 Shared
WILLAMETTE IND Common Stock 969133107 399 8600 SH Shared-Defined 2,3 Shared
WILLIAMS SONOMA Common Stock 969904101 3321 72200 SH Shared-Defined 2,3 Shared
WINN DIXIE STK Common Stock 974280109 203 8462 SH Shared-Defined 2,3 Shared
WIT CAPITAL GROUP INC Common Stock 97737K309 628 37100 SH Shared-Defined 2,3 Shared
WORLDCOM INC Common Stock 98155K102 1590 30000 SH Shared-Defined 2,3 Shared
WORTHINGTON INDUSTRY INC Common Stock 981811102 294 17800 SH Shared-Defined 2,3 Shared
XEROX CORP Common Stock 984121103 340 15000 SH Shared-Defined 2,3 Shared
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659,605
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</TABLE>
