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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: 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: 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 Berwyn, PA December 31, 1999
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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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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
ABBOTT LABS COM 002824100 7462 205507 X SA 48197 0 157310
AFLAC CORP COM 001055102 10635 225373 X SA 80973 0 144400
AIR PRODUCTS & CHEM INC COM 009158106 2252 67100 X SA 0 0 67100
ALLTEL COM 020039103 3087 37335 X SA 1835 0 35500
AMERICAN GENERAL CORP COM 026351106 3404 44860 X SA 2000 0 42860
AMERICAN HOME PRODS CORP COM 026609107 3591 91502 X SA 7557 0 83945
AMERICAN INTL GROUP INC COM 026874107 14966 138418 X SA 46122 0 92296
AMSOUTH BANCORPORATION COM 032165102 213 11050 X SA 2355 0 8695
ANHEUSER BUSCH COM 035229103 217 3066 X SA 266 0 2800
AT&T CORP COM 001957109 898 17678 X SA 667 0 17011
ATLANTIC RICHFIELD CO COM 048825103 284 3280 X SA 600 0 2680
AUTO DATA PROCESSING COM 053015103 13644 253251 X SA 64816 0 188435
AVERY DENNISON CORP COM 053611109 2973 40800 X SA 2000 0 38800
BANK OF AMERICA CORPORATIO COM 060505104 8071 160819 X SA 33746 0 127073
BANK OF NEW YORK COM 064057102 360 9000 X SA 3000 0 6000
BAXTER INTL INC COM 071813109 15321 243910 X SA 66044 0 177866
BBT CORPORATION COM 054937107 270 9866 X SA 5150 0 4716
BELL ATLANTIC CORP COM 077853109 2175 35335 X SA 14075 0 21260
BELLSOUTH CORP COM 079860102 643 13742 X SA 1966 0 11776
BEMIS COMPANY COM 081437105 4418 126685 X SA 5360 0 121325
BEST FOODS COM 08658U101 8731 166100 X SA 48915 0 117185
BRISTOL MYERS SQUIBB COM 110122108 14544 226587 X SA 60037 0 166550
CENTURYTEL INC COM 156700106 11776 248564 X SA 78408 0 170156
CHESTER VALLEY BANCORP COM 166335109 657 41735 X SA 1401 0 40334
CHEVRON CORPORATION COM 166751107 9590 110702 X SA 16982 0 93720
CISCO SYSTEMS INC COM 17275R102 1901 17749 X SA 8149 0 9600
CITIGROUP INC COM 172967101 18191 326665 X SA 90016 0 236649
CLOROX CO DEL COM 189054109 821 16295 X SA 8620 0 7675
COCA-COLA COMPANY COM 191216100 242 4146 X SA 1696 0 2450
COLGATE PALMOLIVE COM 194162103 276 4240 X SA 600 0 3640
COMPUTER ASSOC INTL INC COM 204912109 441 6300 X SA 1700 0 4600
CONOCO INC CLB B COM 208251405 501 20133 X SA 2211 0 17922
CONOCO INC-CL A COM 208251306 676 27300 X SA 2950 0 24350
DAYTON HUDSON CORP COM 239753106 13893 189178 X SA 70322 0 118856
DELL COMPUTER CORP COM 247025109 549 10770 X SA 3720 0 7050
DOVER CORPORATION COM 260003108 15026 331159 X SA 97130 0 234029
DU PONT E I DE NEMOURS COM 263534109 4512 68500 X SA 9892 0 58608
ECOLAB INC COM 278865100 1833 46850 X SA 3700 0 43150
ELECTRONIC DATA SYSTEMS CO COM 285661104 449 6712 X SA 0 0 6712
EMC CORPORATION COM 268648102 1324 12115 X SA 5570 0 6545
EMERSON ELEC COM 291011104 14358 250244 X SA 52236 0 198008
EXXON MOBILE CORPORATION COM 30231G102 17960 222935 X SA 62635 0 160300
FEDERAL NATL MTG ASSN COM 313586109 16423 263033 X SA 47448 0 215585
FIRST TENNESEE NATL CORP COM 337162101 3761 131971 X SA 36808 0 95163
FIRST UNION CORP COM 337358105 1080 32799 X SA 1476 0 31323
GANNETT COMPANY COM 364730101 17301 212121 X SA 57730 0 154391
GENERAL ELEC CO COM 369604103 21816 140977 X SA 25751 0 115226
GENERAL MLS INC COM 370334104 692 19360 X SA 10870 0 8490
GLOBAL CROSSING LTD COM 3921A1009 257 5125 X SA 615 0 4510
GRAINGER (W.W.) INC COM 384802104 3512 73450 X SA 1950 0 71500
GTE CORP COM 362320103 545 7718 X SA 630 0 7088
HEWLETT PACKARD CO COM 428236103 11869 104345 X SA 36007 0 68338
HOME DEPOT INC. COM 437076102 17331 252088 X SA 69987 0 182101
HONEYWELL INTERNATIONAL IN COM 438516106 9841 170597 X SA 54115 0 116482
HOUSEHOLD INTERNATIONAL IN COM 441815107 1827 49047 X SA 0 0 49047
ILLINOIS TOOL WORKS INC COM 452308109 11865 175620 X SA 59505 0 116115
INTEL CORP COM 458140100 11883 144367 X SA 76309 0 68058
INTERNATIONAL BUSINESS MAC COM 459200101 1646 15256 X SA 6047 0 9209
INTERPUBLIC GROUP OF COMPA COM 460690100 17622 305479 X SA 71274 0 234205
JOHN WILEY & SONS COM 968223206 268 16000 X SA 0 0 16000
JOHNSON & JOHNSON COM 478160104 13272 142323 X SA 36893 0 105430
JOHNSON CONTROLS COM 478366107 2391 42045 X SA 45 0 42000
KIMBERLY CLARK CORP COM 494368103 12822 195946 X SA 62240 0 133706
LEGGETT & PLATT INC COM 524660107 10378 484118 X SA 139510 0 344608
LOWES COMPANIES COM 548661107 9562 160030 X SA 27495 0 132535
LUCENT TECHNOLOGIES INC COM 549463107 2708 36113 X SA 9904 0 26209
MASCO CORPORATION COM 574599106 12585 495944 X SA 129178 0 366766
MCDONALDS CORP COM 580135101 5640 139896 X SA 57213 0 82683
MCGRAW-HILL COMPANIES INC COM 580645109 14241 231093 X SA 69045 0 162048
MCI WORLDCOM INC COM 55268B106 676 12743 X SA 6833 0 5910
MEDTRONIC INC COM 585055106 8773 240758 X SA 100849 0 139909
MERCK & CO INC COM 589331107 6173 91872 X SA 12790 0 79082
MICROSOFT CORP COM 594918104 2005 17170 X SA 6980 0 10190
MINNESOTA MNG & MFG CO COM 604059105 9019 92146 X SA 26290 0 65856
MOLEX INC COM 608554101 1785 31496 X SA 2104 0 29392
NUCOR CORPORATION COM 670346105 5186 94610 X SA 140 0 94470
OY NOKIA AB ADR CLASS A COM 654902204 1044 5465 X SA 885 0 4580
PENTAIR INC COM 709631105 12858 333968 X SA 103110 0 230858
PEPSICO INC COM 713448108 14121 400603 X SA 107126 0 293477
PFIZER INC COM 717081103 423 13030 X SA 3285 0 9745
PHILIP MORRIS COS INC COM 718154107 1175 51105 X SA 1480 0 49625
PITNEY-BOWES INC COM 724479100 12126 251000 X SA 74560 0 176440
PNC BANK COM 693475105 308 6918 X SA 0 0 6918
PROCTER & GAMBLE CO COM 742718109 4463 40737 X SA 15327 0 25410
QUESTAR CORP COM 748356102 1823 121500 X SA 4300 0 117200
RELIASTAR FINANCIAL CORP COM 75952U103 2996 76465 X SA 10845 0 65620
ROYAL DUTCH ADR NY REG GL COM 780257804 7196 118825 X SA 27425 0 91400
SBC COMMUNICATIONS INC COM 78387G103 11905 244215 X SA 93379 0 150836
SCHERING PLOUGH CORP COM 806605101 3011 71055 X SA 9650 0 61405
SIGMA-ALDRICH COM 826552101 2355 78338 X SA 5155 0 73183
SUN MICROSYSTEMS INC. COM 866810104 1214 15675 X SA 6725 0 8950
SUNTRUST BKS INC COM 867914103 13743 199710 X SA 47240 0 152470
SYSCO CORPORATION COM 871829107 15808 399580 X SA 92560 0 307020
TYCO INTERNATIONAL LTD COM 902124106 452 11590 X SA 0 0 11590
UNITED TECHNOLOGIES CORP COM 913017109 1434 22066 X SA 22066 0 0
WAL MART STORES INC COM 931142103 6684 96691 X SA 24600 0 72091
WALGREEN CO COM 931422109 227 7768 X SA 4468 0 3300
WARNER LAMBERT CO COM 934488107 9995 121989 X SA 39093 0 82896
WELLS FARGO COMPANY COM 949746101 9338 230936 X SA 68271 0 162665
WILMINGTON TRUST COM 971807102 273 5660 X SA 0 0 5660
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