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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, 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: Sovereign Asset Management Corporation
Address: 101 Huntington Avenue
Boston, MA 02199
13F File Number: 801-42023
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 is, 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: John F. Snyder, III
Title: Executive Vice President
Phone: (610) 993-9883
Signature, Place, and Date of Signing:
/s/John F. Snyder, III 101 Huntington Ave., Boston, MA March 31, 2000
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Signature Place Date
Report Type (Check only One): [ x ] 13F HOLDINGS REPORT
[ ] 13F NOTICE
[ ] 13F COMBINATION REPORT
List of other managers reporting for this manager: None
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
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FORM 13F SUMMARY PAGE
Report Summary:
Number of other included managers: None
Form 13F information table entry total:
Form 13F information table value total:
List of other included managers:
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No. 13F File number Name
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As Of March 31, 2000 Form 13F Reporting Manager-Sovereign Asset Management Co.
Report Code: imwb_13F_NMCM2.rpt
Item 1 Item 2 Item 3 Item 4 Item 5 Item 6 Item 7 Item 8
Title of Cusip Fair Shrs/Prin Inv Discretion Voting Authority (Shrs)
Name of Issuer Class Number Market Value Amount Sole Shrd Othr Mgr A-Sole B-Shrd C-None
AFLAC CORP Com 001055102 10,199 223,853 X 01 223,853 0 0
AT & T CORP Com 001957109 1,042 18,503 X 01 18,503 0 0
ABBOTT LABORATORIES Com 002824100 6,016 170,965 X 01 170,965 0 0
AIR PRODUCTS & CHEMICALS Com 009158106 2,019 71,000 X 01 71,000 0 0
ALLTEL CORP Com 020039103 3,372 53,310 X 01 53,310 0 0
AMERICAN GENERAL CORP Com 026351106 2,950 52,560 X 01 52,560 0 0
AMERICAN HOME PRODS CORP Com 026609107 10,642 197,997 X 01 197,997 0 0
AMERICAN INTL GROUP Com 026874107 13,338 121,805 X 01 121,805 0 0
ANHEUSER BUSCH Com 035229103 1,264 20,301 X 01 20,301 0 0
ATLANTIC RICHFIELD CO Com 048825103 253 2,980 X 01 2,980 0 0
AUTOMATIC DATA PROCESSING INC. Com 053015103 9,713 201,315 X 01 201,315 0 0
AVERY DENNISON CORP Com 053611109 2,217 36,300 X 01 36,300 0 0
BANK AMER CORP Com 060505104 5,783 110,290 X 01 110,290 0 0
BANK OF NEW YORK Com 064057102 374 9,000 X 01 9,000 0 0
BAXTER INTERNATIONAL, INC. Com 071813109 14,849 236,881 X 01 236,881 0 0
BELL ATLANTIC CORP Com 077853109 624 10,210 X 01 10,210 0 0
BELLSOUTH CORP Com 079860102 767 16,366 X 01 16,366 0 0
BEMIS CO Com 081437105 4,472 121,275 X 01 121,275 0 0
BESTFOODS COM Com 08658U101 8,050 171,960 X 01 171,960 0 0
BRISTOL-MYERS SQUIBB CO Com 110122108 4,717 81,334 X 01 81,334 0 0
CENTURYTEL INC Com 156700106 8,863 238,734 X 01 238,734 0 0
CHEVRON CORP Com 166751107 11,902 128,752 X 01 128,752 0 0
CISCO SYSTEMS, INC. Com 17275R102 2,906 37,592 X 01 37,592 0 0
CITIGROUP Com 172967101 17,078 285,224 X 01 285,224 0 0
COLGATE PALMOLIVE Com 194162103 222 3,930 X 01 3,930 0 0
CONOCO INC - CL A Com 208251306 414 16,800 X 01 16,800 0 0
CONOCO INC - CL B Com 208251405 520 20,292 X 01 20,292 0 0
DELL COMPUTER CORP Com 247025109 260 4,820 X 01 4,820 0 0
DOLLAR GENERAL CORP Com 256669102 227 8,431 X 01 8,431 0 0
DOVER CORP Com 260003108 15,651 326,914 X 01 326,914 0 0
E I DUPONT DE NEMOURS & CO INC Com 263534109 3,346 63,200 X 01 63,200 0 0
EMC CORP Com 268648102 1,910 15,157 X 01 15,157 0 0
ECOLAB INC Com 278865100 1,418 38,650 X 01 38,650 0 0
ELECTRONIC DATA SYSTEMS CORP Com 285661104 431 6,712 X 01 6,712 0 0
EMERSON ELECTRIC Com 291011104 7,372 138,761 X 01 138,761 0 0
EXXON MOBIL CORPORATION Com 30231G102 16,159 207,339 X 01 207,339 0 0
FHLMC Com 313400301 1,619 36,645 X 01 36,645 0 0
FNMA Com 313586109 15,000 265,192 X 01 265,192 0 0
FIRST TENNESSEE NAT'L CORP Com 337162101 276 13,590 X 01 13,590 0 0
FIRST UNION CORP Com 337358105 1,695 45,497 X 01 45,497 0 0
FIRSTAR CORPORATION Com 33763V109 344 15,000 X 01 15,000 0 0
GTE CORP Com 362320103 548 7,718 X 01 7,718 0 0
GANNETT CO INC Com 364730101 12,457 177,006 X 01 177,006 0 0
GENERAL ELECTRIC Com 369604103 19,744 126,867 X 01 126,867 0 0
GENTEX CORP Com 371901109 297 8,000 X 01 8,000 0 0
GRAINGER WW INC Com 384802104 429 7,900 X 01 7,900 0 0
HEWLETT-PACKARD INC Com 428236103 8,989 67,652 X 01 67,652 0 0
HOME DEPOT Com 437076102 11,345 175,899 X 01 175,899 0 0
HONEYWELL INTERNATIONAL INC Com 438516106 3,412 64,754 X 01 64,754 0 0
HOUSEHOLD INTL INC Com 441815107 1,681 45,047 X 01 45,047 0 0
ILLINOIS TOOL WORKS INC Com 452308109 9,424 170,562 X 01 170,562 0 0
INTEL CORP Com 458140100 16,010 121,348 X 01 121,348 0 0
INTERNATIONAL BUSINESS MACHINE Com 459200101 6,702 56,797 X 01 56,797 0 0
INTERPUBLIC GROUP INC Com 460690100 12,552 265,650 X 01 265,650 0 0
JOHNSON & JOHNSON Com 478160104 10,145 144,408 X 01 144,408 0 0
JOHNSON CONTROLS Com 478366107 2,200 40,700 X 01 40,700 0 0
KIMBERLY-CLARK CORP Com 494368103 10,956 195,418 X 01 195,418 0 0
LEGGETT & PLATT INC Com 524660107 7,845 364,906 X 01 364,906 0 0
LOWES COS INC. Com 548661107 8,399 143,875 X 01 143,875 0 0
LUCENT TECHNOLOGIES Com 549463107 1,542 25,182 X 01 25,182 0 0
MCI WORLDCOM INC Com 55268B106 1,440 31,776 X 01 31,776 0 0
MASCO CORPORATION Com 574599106 9,983 486,965 X 01 486,965 0 0
MCDONALDS CORP Com 580135101 1,973 52,776 X 01 52,776 0 0
MCGRAW-HILL INC Com 580645109 9,748 214,237 X 01 214,237 0 0
MEDTRONIC INC Com 585055106 11,690 227,266 X 01 227,266 0 0
MERCK & CO INC Com 589331107 4,874 78,452 X 01 78,452 0 0
MICROSOFT CORP Com 594918104 2,484 23,376 X 01 23,376 0 0
MINNESOTA MINING & MFG Com 604059105 8,030 90,676 X 01 90,676 0 0
MOLEX INC Com 608554101 2,152 36,631 X 01 36,631 0 0
NOKIA CORP "A" ADR DR 654902204 2,368 10,668 X 01 10,668 0 0
NUCOR CORP Com 670346105 4,540 90,800 X 01 90,800 0 0
PNC BANK CORP. Com 693475105 672 14,907 X 01 14,907 0 0
PENTAIR INC Com 709631105 11,501 310,325 X 01 310,325 0 0
PEPSICO INC. Com 713448108 13,327 382,149 X 01 382,149 0 0
PFIZER INC. Com 717081103 470 12,865 X 01 12,865 0 0
PHILIP MORRIS COMP COS INC Com 718154107 1,062 50,275 X 01 50,275 0 0
PITNEY BOWES INC Com 724479100 9,571 214,185 X 01 214,185 0 0
PROCTER & GAMBLE CO Com 742718109 2,620 46,366 X 01 46,366 0 0
QUESTAR CORP Com 748356102 1,322 71,225 X 01 71,225 0 0
RELIASTAR FINANCIAL CORP Com 75952U103 2,316 68,375 X 01 68,375 0 0
ROYAL DUTCH PETE CO DR 780257804 7,170 124,020 X 01 124,020 0 0
SBC COMMUNICATIONS Com 78387G103 9,677 229,725 X 01 229,725 0 0
SCHERING-PLOUGH CORP Com 806605101 2,115 56,975 X 01 56,975 0 0
SCHLUMBERGER LTD Com 806857108 246 3,218 X 01 3,218 0 0
SIGMA ALDRICH CORP Com 826552101 401 14,905 X 01 14,905 0 0
SUN MICROSYSTEMS INC Com 866810104 1,951 20,822 X 01 20,822 0 0
SUNTRUST BKS INC Com 867914103 5,124 88,735 X 01 88,735 0 0
SYSCO CORP Com 871829107 12,101 334,980 X 01 334,980 0 0
TARGET CORP. Com 87612E106 11,021 147,443 X 01 147,443 0 0
TYCO INTL LTD NEW COM Com 902124106 328 6,540 X 01 6,540 0 0
UNITED TECHNOLOGIES Com 913017109 1,394 22,066 X 01 22,066 0 0
WAL-MART STORES INC Com 931142103 5,032 89,069 X 01 89,069 0 0
WARNER LAMBERT CO Com 934488107 6,218 63,651 X 01 63,651 0 0
WELLS FARGO & CO Com 949746101 10,024 245,997 X 01 245,997 0 0
JOHN WILEY & SONS Com 968223206 288 16,000 X 01 16,000 0 0
WILMINGTON TRUST CORP Com 971807102 275 5,660 X 01 5,660 0 0
534,755
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