UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 1999
Check here if Amendment [ ]; Amendment Number: _______________
This Amendment (Check only one): [ ] is a restatement.
[ ] adds new holdings entries.
Investment Manager Filing this Report:
Name: Symphony Asset Management, Inc.
Address: 555 California Street, Suite 2975
San Francisco, CA 94104
Form 13F File Number: 28-5764
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, items,
statements, schedules, lists and tables, are considered integral parts of this
form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Neil L. Rudolph
Title: Chief Operating Officer
Phone: 415/676-4000
Signature, Place, and Date of Signing:
/s/ Neil L. Rudolph San Francisco, CA 05/11/99
[Signature] [City, State] [Date]
Report Type (Check only one):
[ X ] 13F HOLDINGS REPORT. (Check here if all holdings of this
reporting manager 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
holdings for this reporting manager are reported by other
reporting manager(s))
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
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Form 13F Information Table Entry Total: 167
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Form 13F Information Table Value Total: $ 306,575
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(thousands)
List of other Included Managers:
Provide a number list of the names(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filled,
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]
NONE
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Symphony Asset Management, Inc.
FORM 13F
March 31, 1999
<S> <C> <C>
Voting Authority
----------------
Value Shares/ Sh/ Put/ Invstmt Other
Name Of Issuer Title Of Class Cusip (X$1000) Prn Amt Prn Call Dscretn Managers Sole Shared None
- - - - - - - - - - - - - ---------------------------- -------------- ----------- ----------- -------- --- ---- ------- -------- ---- ------ -----
AFLAC Inc COM 001055102 1,274 23,400 SH Sole 23,400
Abercrombie & Fitch Co-C COM 002896207 8,874 96,200 SH Sole 96,200
Adaptec Inc COM 00651F108 584 25,600 SH Sole 25,600
Advo Inc COM 007585102 709 36,700 SH Sole 36,700
Alaska Airgroup Inc. COM 011659109 1,359 28,600 SH Sole 28,600
Allegheny Energy Inc COM 017361106 596 20,200 SH Sole 20,200
Alpharma Inc Class A COM 020813101 1,754 44,700 SH Sole 44,700
Amazon.com Inc. COM 023135106 2,996 17,400 SH Sole 17,400
Ambac Inc COM 023139108 3,364 62,300 SH Sole 62,300
American Eagle Outfitter COM 02553D108 6,058 84,500 SH Sole 84,500
American Mgmt Sys Inc COM 027352103 1,931 56,600 SH Sole 56,600
American Std Cos Inc Del COM 029712106 419 12,200 SH Sole 12,200
American Wtr Wks Inc COM 030411102 1,174 40,300 SH Sole 40,300
Anntaylor Stores Corp COM 036115103 3,645 82,500 SH Sole 82,500
Arvin Inds Inc COM 043339100 2,476 73,500 SH Sole 73,500
At Home Corp - Ser A COM 045919107 2,000 12,700 SH Sole 12,700
Avis Rent a Car Inc COM 053790101 3,912 141,300 SH Sole 141,300
Avondale Inds Inc COM 054350103 885 30,000 SH Sole 30,000
Bergen Brunswig Corp COM 083739102 392 19,600 SH Sole 19,600
Berkshire Hathaway Inc D COM 084670108 10,424 146 SH Sole 146
Best Buy Company COM 086516101 8,684 167,000 SH Sole 167,000
Bindley Westn Inds Inc COM 090324104 2,110 73,866 SH Sole 73,866
Bmc Software Inc COM 055921100 248 6,683 SH Sole 6,683
Borg-Warner Automotive I COM 099724106 273 5,700 SH Sole 5,700
Brinker International In COM 109641100 2,036 78,500 SH Sole 78,500
C&D Technologies Inc. - COM 124661109 985 39,600 SH Sole 39,600
CMG Information Services COM 125750109 2,124 11,600 SH Sole 11,600
CSG Systems Intl Inc COM 126349109 2,366 60,000 SH Sole 60,000
CTS Corp COM 126501105 302 6,100 SH Sole 6,100
Canadaigua Brands Inc -C COM 137219200 403 8,000 SH Sole 8,000
Carlisle Cos Inc COM 142339100 1,010 21,600 SH Sole 21,600
Chris Craft Inds Inc COM 170520100 570 12,500 SH Sole 12,500
Ciber Inc COM 17163B102 1,132 58,400 SH Sole 58,400
Cintas Corp COM 172908105 830 12,700 SH Sole 12,700
Citrix Sys Inc COM 177376100 854 22,400 SH Sole 22,400
City National Corp COM 178566105 3,634 117,700 SH Sole 117,700
Comdisco Inc COM 200336105 1,012 56,600 SH Sole 56,600
Commerce Bancorp Inc NJ COM 200519106 655 15,881 SH Sole 15,881
Commerce Bancshares Inc COM 200525103 841 21,840 SH Sole 21,840
Comverse Technology Inc COM 205862402 1,513 17,800 SH Sole 17,800
Cost Plus Inc/California COM 221485105 711 24,200 SH Sole 24,200
D R Horton Inc COM 23331A109 2,588 154,500 SH Sole 154,500
Department 56 Inc COM 249509100 901 29,600 SH Sole 29,600
Dial Corp COM 25247D101 1,124 32,700 SH Sole 32,700
Dime Bancorp Inc COM 25429Q102 3,177 137,000 SH Sole 137,000
Dollar Thrifty Automotiv COM 256743105 214 12,400 SH Sole 12,400
Dollar Tree Stores Inc COM 256747106 359 11,600 SH Sole 11,600
Dycom Industries Inc COM 267475101 2,823 64,900 SH Sole 64,900
E.W. Blanch Holdings Inc COM 093210102 1,528 29,100 SH Sole 29,100
Earthgrains Co COM 270319106 579 26,100 SH Sole 26,100
Ebay Inc COM 278642103 1,634 11,900 SH Sole 11,900
Edwards AG Inc COM 281760108 1,844 56,400 SH Sole 56,400
El Paso Natural Gas COM 283905107 1,118 34,200 SH Sole 34,200
Electronic Arts Inc COM 285512109 2,698 56,800 SH Sole 56,800
Energy East Corp COM 29266M109 4,384 83,400 SH Sole 83,400
Family Dollar Stores COM 307000109 1,178 51,200 SH Sole 51,200
Fidelity National Finl I COM 316326107 1,469 97,920 SH Sole 97,920
Financial Security Assur COM 31769P100 2,576 51,900 SH Sole 51,900
First Amern Finl Corp COM 318522307 1,649 104,300 SH Sole 104,300
FirstFed Financial Corp. COM 337907109 1,160 72,200 SH Sole 72,200
Florida Progress Corp COM 341109106 721 19,100 SH Sole 19,100
Foodmaker Inc New COM 344839204 1,849 72,500 SH Sole 72,500
Fossil Inc COM 349882100 2,333 78,250 SH Sole 78,250
Galileo International In COM 363547100 3,081 63,700 SH Sole 63,700
Gallagher (Arthur J) & C COM 363576109 313 6,800 SH Sole 6,800
Gardner Denver Machy Inc COM 365558105 414 26,100 SH Sole 26,100
Genesys Telecom Labs Inc COM 371931106 256 17,000 SH Sole 17,000
Great Plains Software In COM 39119E105 313 8,100 SH Sole 8,100
Gulfstream Aerospace Cor COM 402734107 4,281 98,700 SH Sole 98,700
H.B. Fuller Co COM 359694106 324 5,500 SH Sole 5,500
Harley Davidson Inc COM 412822108 700 12,200 SH Sole 12,200
Hartford Life - Class A COM 416592103 1,920 34,900 SH Sole 34,900
Hertz Corp - Class A COM 428040109 7,281 136,100 SH Sole 136,100
Hollywood Entmt Corp COM 436141105 700 37,600 SH Sole 37,600
Hormel Foods Corp COM 440452100 474 13,300 SH Sole 13,300
Houston Exploration Co COM 442120101 1,121 64,500 SH Sole 64,500
Hutchinson Technology In COM 448407106 321 12,900 SH Sole 12,900
IBP Inc COM 449223106 3,405 182,800 SH Sole 182,800
Idec Pharmaceuticals Cor COM 449370105 1,855 36,100 SH Sole 36,100
Intimate Brands Inc. COM 461156101 1,930 40,100 SH Sole 40,100
Ipalco Enterprises Inc COM 462613100 2,896 132,000 SH Sole 132,000
Jabil Circuit Inc COM 466313103 5,597 138,200 SH Sole 138,200
Jacobs Engineering Group COM 469814107 686 17,400 SH Sole 17,400
Jones Apparel Group Inc COM 480074103 992 35,500 SH Sole 35,500
Keane Inc COM 486665102 2,892 135,700 SH Sole 135,700
Keebler Foods Co COM 487256109 1,113 30,500 SH Sole 30,500
Keyspan Energy Corp COM 49337K106 965 38,400 SH Sole 38,400
La Z Boy Inc COM 505336107 984 52,300 SH Sole 52,300
Lafarge Corp COM 505862102 602 21,500 SH Sole 21,500
Lennar Corp COM 526057104 1,524 68,100 SH Sole 68,100
Level 3 Communications I COM 52729N100 2,432 33,400 SH Sole 33,400
Lexmark Intl Group Inc - COM 529771107 7,026 62,800 SH Sole 62,800
Linens 'N Things Inc COM 535679104 454 10,000 SH Sole 10,000
Lone Star Inds Inc COM 542290408 1,466 47,300 SH Sole 47,300
M & T Bank Corporation COM 55261F104 2,299 4,800 SH Sole 4,800
Manitowoc Inc COM 563571108 1,935 46,200 SH Sole 46,200
Martin Marietta Material COM 573284106 519 9,100 SH Sole 9,100
Medicis Pharmaceutical-C COM 584690309 1,989 66,300 SH Sole 66,300
Medimmune Inc COM 584699102 2,853 48,200 SH Sole 48,200
Mercury Interactive Corp COM 589405109 798 22,400 SH Sole 22,400
Metzler Group Inc COM 592903108 2,146 68,400 SH Sole 68,400
Midas Inc COM 595626102 764 22,900 SH Sole 22,900
Minnesot Power & Light C COM 604110106 1,201 60,800 SH Sole 60,800
Mohawk Inds Inc COM 608190104 1,983 66,100 SH Sole 66,100
Montana Power Co COM 612085100 787 10,700 SH Sole 10,700
NVR Inc COM 62944T105 944 22,400 SH Sole 22,400
Network Appliance Inc COM 64120L104 1,878 37,100 SH Sole 37,100
New Era of Networks COM 644312100 833 12,300 SH Sole 12,300
North Fork Bancorporatio COM 659424105 1,596 75,552 SH Sole 75,552
Ogden Corp COM 676346109 272 11,300 SH Sole 11,300
Oge Energy Corp COM 670837103 988 43,800 SH Sole 43,800
Old Kent Fin Corp COM 679833103 1,561 36,900 SH Sole 36,900
Omnicare Inc COM 681904108 1,641 86,100 SH Sole 86,100
Pacificare Health Sys In COM 695112201 2,785 40,800 SH Sole 40,800
Pentair Inc COM 709631105 486 14,400 SH Sole 14,400
Philadelphia Suburban Co COM 718009608 225 9,900 SH Sole 9,900
Pinnacle West Cap Corp COM 723484101 371 10,200 SH Sole 10,200
Pixar Inc COM 725811103 1,118 28,400 SH Sole 28,400
Popular Inc COM 733174106 976 31,600 SH Sole 31,600
Precision Castparts Corp COM 740189105 1,228 30,500 SH Sole 30,500
Priority Healthcare Corp COM 74264T102 1,081 23,900 SH Sole 23,900
Qlogic Corp COM 747277101 4,658 69,400 SH Sole 69,400
Quiksilver Inc COM 74838C106 1,994 47,200 SH Sole 47,200
Qwest Communications Int COM 749121109 2,696 37,400 SH Sole 37,400
RF Micro Devices Inc COM 749941100 6,354 66,400 SH Sole 66,400
Reinsurance Group Amer I COM 759351109 502 11,800 SH Sole 11,800
Resmed Inc COM 761152107 1,028 36,400 SH Sole 36,400
Roslyn Bancorp Inc COM 778162107 387 22,960 SH Sole 22,960
SEACOR SMIT Inc. COM 811904101 624 11,600 SH Sole 11,600
SPS Technologies Inc COM 784626103 714 18,200 SH Sole 18,200
Sabre Group Holdings Inc COM 785905100 980 21,600 SH Sole 21,600
Sanmina Corp COM 800907107 1,728 27,100 SH Sole 27,100
Shaw Industries Inc COM 820286102 1,732 93,600 SH Sole 93,600
Smithfield Foods Inc COM 832248108 347 15,300 SH Sole 15,300
Southdown Inc COM 841297104 1,487 27,700 SH Sole 27,700
Sterling Software Inc COM 859547101 219 9,200 SH Sole 9,200
Stewart Information Svcs COM 860372101 1,161 34,600 SH Sole 34,600
Sungard Data Sys Inc COM 867363103 4,488 112,200 SH Sole 112,200
Superior Telecom Inc COM 868365107 343 18,187 SH Sole 18,187
Swift Transportation Co COM 870756103 345 13,500 SH Sole 13,500
Tecumseh Prods Co COM 878895200 520 10,200 SH Sole 10,200
Terex Corp New COM 880779103 2,212 91,700 SH Sole 91,700
Tidewater Inc COM 886423102 2,580 99,700 SH Sole 99,700
Tredegar Inds Inc COM 894650100 1,457 47,100 SH Sole 47,100
Trigon Healthcare Inc COM 89618L100 1,788 52,200 SH Sole 52,200
Trinity Inds Inc Del COM 896522109 332 11,300 SH Sole 11,300
U.S. Trust Corp COM 91288L105 601 8,100 SH Sole 8,100
UAL Corp COM 902549500 1,067 13,700 SH Sole 13,700
USFreightways Corp COM 916906100 779 23,700 SH Sole 23,700
USG Corp COM 903293405 2,733 53,200 SH Sole 53,200
Unionbancal Corportion COM 908906100 2,323 68,200 SH Sole 68,200
Universal Corp Va COM 913456109 1,283 50,200 SH Sole 50,200
Utilicorp United Inc COM 918005109 3,122 137,250 SH Sole 137,250
Valassis Communications COM 918866104 3,441 66,500 SH Sole 66,500
Varlen Corp COM 922248109 488 22,178 SH Sole 22,178
Vastar Res Inc COM 922380100 754 15,800 SH Sole 15,800
Veritas Software Co COM 923436109 4,966 61,500 SH Sole 61,500
Viad Corp. COM 92552R109 2,117 76,100 SH Sole 76,100
Visx Inc COM 92844S105 6,196 57,600 SH Sole 57,600
Vulcan Materials Co COM 929160109 5,466 132,300 SH Sole 132,300
Waters Corp COM 941848103 2,059 19,600 SH Sole 19,600
Wellpoint Health Network COM 94973H108 1,342 17,700 SH Sole 17,700
Western Resources Inc. COM 959425109 315 11,800 SH Sole 11,800
Xircom Inc COM 983922105 653 26,000 SH Sole 26,000
Yahoo Inc COM 984332106 3,620 21,500 SH Sole 21,500
York Intl Corp COM 986670107 2,186 61,900 SH Sole 61,900
Zale Corp COM 988858106 1,788 52,300 SH Sole 52,300
REPORT SUMMARY 167 DATA RECORDS 306,575 7,599,312 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
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