UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 1999
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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: Skyline Asset Management
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Address: 311 South Wacker Drive
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Suite 4500
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Chicago, IL 60606
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Form 13F File Number: 28-5324
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: Stephen F. Kendall
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Title: Chief Operating Officer
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Phone: (312) 913-3997
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Signature, Place, and Date of Signing:
/s/ Stephen F. Kendall Chicago, IL 7/30/99
- ---------------------- ----------- -------
Signature City, State Date
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: NONE
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Form 13F Information Table Entry Total: 138
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Form 13F Information Table Value Total: $1,027,189
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(thousands)
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<TABLE>
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
INVESTMENT DISCRETION
TITLE OF VALUE SHRS OR SH/ PUT/ SHARED SHARED OTHER VOTING AUTHORITY
NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED NONE
- -------------- -------- ----- -------- ------- --- ---- ---- ------- ------ -------- ----- ----- ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AARON RENTS,
INC. COMMON 002535201 13,121 589,700 X 589,700
ADVO INC. COMMON 007585102 11,352 547,100 X 547,100
ALBANY
INTERNATIONAL COMMON 012348108 12,627 608,532 X 608,532
ALLIED HEALTH-
CARE PRO COMMON 019222108 68 41,100 X 41,100
AMERICAN CAP
STRATEGI COMMON 024937104 4,141 226,900 X 226,900
AMERICAN
HERITAGE LIF COMMON 026522102 9,768 398,700 X 398,700
AMERICAN
HOMESTAR COR COMMON 026651109 134 19,500 X 19,500
AMERIPATH INC. COMMON 03071D109 7,891 914,900 X 914,900
APPLIED POWER
INC. COMMON 038225108 4,774 174,800 X 174,800
ARM FINANCIAL
GROUP, COMMON 001944107 5,768 678,600 X 678,600
ARROW INTERNA-
TIONAL I COMMON 042764100 2,546 98,400 X 98,400
ARTESYN TECHNO-
LOGIES COMMON 043127109 5,633 253,900 X 253,900
BANTA CORP. COMMON 066821109 7,730 368,100 X 368,100
BARNETT INC. COMMON 068062108 4,391 585,400 X 585,400
BELDEN INC. COMMON 077459105 2,647 110,600 X 110,600
BIRMINGHAM STEEL
CORP COMMON 091250100 84 20,300 X 20,300
BLACK BOX CORP. COMMON 091826107 3,263 65,100 X 65,100
BORG WARNER SEC
CORP. COMMON 099733107 11,556 568,900 X 568,900
BWAY CORP. COMMON 056039100 9,267 650,350 X 650,350
CACI INTERNA-
TIONAL IN COMMON 127190304 5,933 263,700 X 263,700
CADMUS COMMUNI-
CATIONS COMMON 127587103 3,560 258,900 X 258,900
CB RICHARD ELLIS
SERV COMMON 12489L108 9,408 378,200 X 378,200
CEC ENTERTAINMENT
INC COMMON 125137109 1,960 46,400 X 46,400
CHARTWELL RE
CORPORAT COMMON 16139W109 6,238 334,900 X 334,900
CHESAPEAKE CORP. COMMON 165159104 11,815 315,600 X 315,600
CHICAGO BRIDGE
AND IR COMMON N19808109 14,767 1,059,500 X 1,059,500
CITATION CORP. COMMON 172895104 20,889 1,300,500 X 1,300,500
CLINTRIALS
RESEARCH I COMMON 188767107 85 16,900 X 16,900
CNA SURETY CORP. COMMON 12612L108 12,731 831,400 X 831,400
COLE KENNETH
PRODTION COMMON 193294105 4,619 165,700 X 165,700
COLONIAL
BANCGROUP IN COMMON 195493309 12,916 926,700 X 926,700
COOPER COMPANIES
INC. COMMON 216648402 2,681 107,500 X 107,500
CORAM HEALTHCARE
CORP COMMON 218103109 52 29,500 X 29,500
COVENANT TRANS
INC CL COMMON 22284P105 4,812 305,500 X 305,500
CREDIT
ACCEPTANCE C COMMON 225310101 104 17,400 X 17,400
CTS CORP. COMMON 126501105 2,968 42,400 X 42,400
DAISYTEK
INTERNATIONA COMMON 234053106 9,546 585,200 X 585,200
DALLAS
SEMICONDUCTOR COMMON 235204104 11,928 236,200 X 236,200
DAYTON SUPERIOR
CORP. COMMON 240028100 9,153 493,100 X 493,100
DEL MONTE
FOODS CO COMMON 24522P103 6,259 373,700 X 373,700
DELCO REMY
INTL CL A COMMON 246626105 8,846 804,200 X 804,200
DELPHI FINANCIAL
GROU COMMON 247131105 13,708 382,093 X 382,093
DENTSPLY
INTERNATIONA COMMON 249030107 5,189 179,700 X 179,700
DEPARTMENT 56
INC. COMMON 249509100 2,481 92,300 X 92,300
DII GROUP INC. COMMON 232949107 5,925 158,800 X 158,800
DIMON INC. COMMON 254394109 99 19,000 X 19,000
DISCOUNT AUTO
PARTS I COMMON 254642101 14,999 621,700 X 621,700
DRYPERS CORP
COM NEW COMMON 262497308 80 28,800 X 28,800
DT INDUSTRIES,
INC. COMMON 23333J108 5,255 572,000 X 572,000
<PAGE>
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
INVESTMENT DISCRETION
TITLE OF VALUE SHRS OR SH/ PUT/ SHARED SHARED OTHER VOTING AUTHORITY
NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED NONE
- -------------- -------- ----- -------- ------- --- ---- ---- ------- ------ -------- ----- ----- ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
DURA AUTOMOTIVE
SYSTE COMMON 265903104 4,366 131,300 X 131,300
EG & G INC. COMMON 268457108 14,987 420,700 X 420,700
FIBERMARK INC. COMMON 315646109 4,315 327,200 X 327,200
FINANCIAL
SECURITY AS COMMON 31769P100 13,395 257,600 X 257,600
FINLAY
ENTERPRISES IN COMMON 317884203 6,978 521,700 X 521,700
FREMONT GENERAL
CORP. COMMON 357288109 13,739 727,900 X 727,900
FRONTIER
INSURANCE GR COMMON 359081106 8,933 581,000 X 581,000
FULLER H B CO. COMMON 359694106 7,029 102,800 X 102,800
FURON COMPANY COMMON 361106107 12,065 635,000 X 635,000
GABELLI ASSET
MANAGEM COMMON 36239Y102 4,532 286,600 X 286,600
GADZOOKS INC. COMMON 362553109 1,203 75,200 X 75,200
GALLAGHER
ARTHUR J & COMMON 363576109 9,959 201,200 X 201,200
GENERAL CABLE
CORP. COMMON 369300108 12,923 807,700 X 807,700
GILDAN
ACTIVEWEAR INC COMMON 375916103 5,420 321,200 X 321,200
HCC INSURANCE
HLDGS I COMMON 404132102 4,224 186,200 X 186,200
HEIDRICK &
STRUGGLES COMMON 422819102 5,062 266,400 X 266,400
HELLER FINANCIAL COMMON 423328103 20,128 723,700 X 723,700
HORACE MANN
EDUCATORS COMMON 440327104 16,220 596,600 X 596,600
IDEX CORP. COMMON 45167R104 15,241 463,600 X 463,600
IHOP CORP. COMMON 449623107 14,389 598,000 X 598,000
IMATION CORP. COMMON 45245A107 19,644 791,700 X 791,700
INTERFACE, INC. COMMON 458665106 96 11,100 X 11,100
INTERMET CORP. COMMON 45881K104 12,870 850,900 X 850,900
INTERNATIONAL
HOME FO COMMON 459655106 5,402 293,000 X 293,000
INTERNATIONAL
MULTIFO COMMON 460043102 10,392 460,600 X 460,600
INTERPOOL, INC. COMMON 46062R108 19,317 1,485,950 X 1,485,950
INVACARE CORP. COMMON 461203101 10,170 380,200 X 380,200
IVEX PACKAGING COMMON 465855104 7,500 340,900 X 340,900
JOANN STORES
CL A COMMON 47758P109 2,396 159,700 X 159,700
KAYDON CORP. COMMON 486587108 13,205 392,700 X 392,700
KEANE, INC. COMMON 486665102 11,428 505,100 X 505,100
KELLSTROM INDS
INC. COMMON 488035106 2,477 135,700 X 135,700
KELLWOOD COMPANY COMMON 488044108 13,226 487,600 X 487,600
LANDSTAR SYSTEM,
INC. COMMON 515098101 17,119 474,300 X 474,300
LSI INDUSTRIES
INC. COMMON 50216C108 10,625 440,400 X 440,400
LUBYS CAFETERIAS
INC. COMMON 549282101 6,689 445,900 X 445,900
LYDALL INC. COMMON 550819106 8,599 747,700 X 747,700
MARINEMAX INC. COMMON 567908108 6,061 513,100 X 513,100
MARKWEST
HYDROCARBON, COMMON 570762104 4,273 488,300 X 488,300
MAXWELL SHOE
INC. CL COMMON 577766108 4,939 545,000 X 545,000
MESA AIR GROUP
INC. COMMON 590479101 102 13,600 X 13,600
MESABA HOLDINGS
INC. COMMON 59066B102 1,997 156,600 X 156,600
METRO INFORMA-
TION SER COMMON 59162P104 2,372 142,700 X 142,700
MICHAELS STORES
INC. COMMON 594087108 8,336 272,200 X 272,200
MIDAS GROUP INC. COMMON 595626102 4,424 155,900 X 155,900
MONACO COACH
CORP. COMMON 60886R103 11,124 394,350 X 394,350
MOTIVEPOWER
INDUSTRIE COMMON 61980K101 9,763 542,400 X 542,400
NATIONAL DATA
CORP. COMMON 635621105 3,877 90,700 X 90,700
NATIONAL
EQUIPMENT SE COMMON 635847106 6,509 542,400 X 542,400
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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
INVESTMENT DISCRETION
TITLE OF VALUE SHRS OR SH/ PUT/ SHARED SHARED OTHER VOTING AUTHORITY
NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED NONE
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
NEW ENGLAND
BUSINESS COMMON 643872104 18,973 614,500 X 614,500
NEWFIELD
EXPLORATION COMMON 651290108 6,290 221,200 X 221,200
NORTEK INC. COMMON 656559101 8,758 279,700 X 279,700
NPC INTL INC. COMMON 629360306 6,665 433,500 X 433,500
O CHARLEYS INC. COMMON 670823103 12,383 773,950 X 773,950
PC CONNECTION
INC. COMMON 69318J100 4,528 375,400 X 375,400
PENTAIR INC. COMMON 709631105 5,769 126,100 X 126,100
PEOPLES HERITAGE
FINA COMMON 711147108 3,018 160,400 X 160,400
POLARIS
INDUSTRIES IN COMMON 731068102 10,366 238,300 X 238,300
POMEROY
COMPUTER RES COMMON 731822102 4,049 290,500 X 290,500
PRENTISS
PROPERTIES T COMMON 740706106 2,987 127,100 X 127,100
PSC INC. COMMON 6.94E+111 7,727 787,500 X 787,500
RADIAN GROUP
INC. COMMON 750236101 2,177 44,600 X 44,600
RAYMOND JAMES
FINANCI COMMON 754730109 17,000 710,200 X 710,200
REMEDYTEMP INC.
CL A COMMON 759549108 4,481 331,900 X 331,900
SAFETY KLEEN
CORP. COMMON 78648R203 7,130 393,375 X 393,375
SCANSOURCE INC. COMMON 806037107 2,015 93,200 X 93,200
SCI SYSTEMS INC. COMMON 783890106 2,280 48,000 X 48,000
SCPIE HOLDINGS
INC. COMMON 78402P104 10,626 325,700 X 325,700
SMARTFLEX
SYSTEMS INC COMMON 83169K108 55 16,600 X 16,600
SPACEHAB INC. COMMON 846243103 75 14,600 X 14,600
SPARTECH CORP. COMMON 847220209 3,270 103,400 X 103,400
STANCORP
FINANCIAL GR COMMON 852891100 14,025 467,500 X 467,500
STANDARD
REGISTER CO. COMMON 853887107 14,016 455,800 X 455,800
STEIN MART, INC. COMMON 858375108 7,046 751,600 X 751,600
SUNSOURCE INC. COMMON 867948101 4,122 318,600 X 318,600
TRACTOR SUPPLY
CO. COMMON 892356106 8,964 328,200 X 328,200
TRAILER BRIDGE COMMON 892782103 98 47,500 X 47,500
TRAMMELL CROW
CO. COMMON 89288R106 5,988 364,300 X 364,300
TRISTAR
AEROSPACE CO. COMMON 89674L101 5,016 608,000 X 608,000
U S XPRESS
ENTERPRISE COMMON 90338N103 8,213 768,500 X 768,500
UNITED
STATIONERS INC COMMON 913004107 4,409 200,400 X 200,400
US ONCOLOGY INC. COMMON 90338W103 7,835 652,900 X 652,900
WARNACO GROUP
INC. CL COMMON 934390105 16,604 620,700 X 620,700
WESLEY JESSEN
VISIONC COMMON 951018100 6,038 186,500 X 186,500
WHITEHALL
JEWELLERS I COMMON 965063100 1,500 56,200 X 56,200
WILLBROS GROUP
INC. COMMON 969199108 104 12,200 X 12,200
WILMAR
INDUSTRIES INC COMMON 971426101 2,232 171,700 X 171,700
WORLD COLOR
PRESS, IN COMMON 981443104 21,511 782,200 X 782,200
ZEBRA TECHNOLO-
GIES CO COMMON 989207105 3,040 79,100 X 79,100
TOTAL 1,027,189
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