FORM 13F COVER PAGE
Reporting for the Quarter Ended: September 30, 2000
Institutional Investment Manager Filing this Report:
Name: Johnson Asset Management
Address: 4041 N. Main Street
Racine, WI 53402
13F File Number: 801-25520
CIK: 0001034538
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, 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: Wendell L. Perkins
Title: Sr. Vice President
Phone: (414) 681-4622
Signature, Place, and Dated of Signing:
Wendell L. Perkins Racine, WI November 8, 2000
Report Type: [x] 13F Holding Report
I am Signing this report as required by the Securities Exchange
Act of 1934.
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FORM 13F SUMMARY
Number of other managers: 01
Form 13F Information Table Entry Total: 177
Form 13F Information Table Value Total: $226
<PAGE>
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FORM 13 F INFORMATION TABLE
NAME OF ISSUER TITLE CUSIP VALUE SHARE SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
OF (X$1000) S/ PRN CALL DSCRETN MGRS Sole Shared
CLASS PRN None
A G Edwards Inc COM 281760108 2304 44050 SH SOLE 44050
Aaron Rents INC COM 002535201 366 28400 SH SOLE 28400
Abbott Laboratories COM 002824100 3895 81900 SH SOLE 81900
AC Nielsen Corp COM 004833109 402 16900 SH SOLE 16900
Actel Corp COM 004934105 372 10350 SH SOLE 10350
Adobe Systems COM 00724F101 342 2200 SH SOLE 2200
Alberto-Culver A COM 013068200 293 11700 SH SOLE 11700
Alexander & Baldwin Inc COM 014482103 676 26000 SH SOLE 26000
Allmerica Financial COM 019754100 3441 53825 SH SOLE 53825
Alltel Corp COM 020039103 3120 59790 SH SOLE 59790
AMBAC Inc COM 023139108 1921 26225 SH SOLE 26225
Amerus Group Company COM 03072M108 258 10000 SH SOLE 10000
Ametek, Inc. COM 031100100 568 26800 SH SOLE 26800
Amgen COM 031162100 321 4600 SH SOLE 4600
Amsouth Bancorp COM 032165102 1269 101517 SH SOLE 101517
Anadarko Petroleum Corp. COM 032511107 205 3089 SH SOLE 3089
Ansys, Inc. COM 03662Q105 296 24700 SH SOLE 24700
Apple Computer COM 037833100 1365 53000 SH SOLE 53000
AptarGroup COM 038336103 474 19800 SH SOLE 19800
Arden Realty, Inc. COM 039793104 416 15500 SH SOLE 15500
Arkansas Best Corp COM 040790107 695 45200 SH SOLE 45200
Arrow International Inc COM 042764100 760 20900 SH SOLE 20900
ArvinMeritor Inc. COM 043353101 259 17600 SH SOLE 17600
Associated Banc Corp. COM 045487105 661 25163 SH SOLE 25163
AT&T COM 001957109 3272 111400 SH SOLE 111400
Ball Corporation COM 058498106 507 16000 SH SOLE 16000
Bank of America Corp COM 060505104 1765 33700 SH SOLE 33700
Banta Corp. COM 066821109 700 28700 SH SOLE 28700
Bard, C.R. COM 067383109 1010 23900 SH SOLE 23900
Barnes & Noble COM 067774109 591 30000 SH SOLE 30000
Barnes Group Inc COM 067806109 448 24400 SH SOLE 24400
Belden, Inc. COM 077459105 473 20000 SH SOLE 20000
Bell South Corp COM 079860102 2981 74050 SH SOLE 74050
Black & Decker COM 091797100 1566 45800 SH SOLE 45800
Boise Cascade Corp. COM 097383103 531 20000 SH SOLE 20000
Borg Warner Automotive COM 099724106 358 10800 SH SOLE 10800
Bristol-Myers Squibb COM 110122108 3618 63330 SH SOLE 63330
Brown Shoe Company, Inc. COM 115736100 263 28600 SH SOLE 28600
Brunswick Corp COM 117043109 520 28500 SH SOLE 28500
Buffets Inc COM 119882108 799 58100 SH SOLE 58100
Burlington Coat Factory WR COM 121579106 384 26800 SH SOLE 26800
Caterpillar, Inc. COM 149123101 2620 77618 SH SOLE 77618
Centex Construction Produc COM 15231R109 409 16500 SH SOLE 16500
Centura Banks COM 15640T100 914 23850 SH SOLE 23850
CenturyTel Inc COM 156700106 3216 118000 SH SOLE 118000
Chase Manhattan COM 16161A108 2129 46097 SH SOLE 46097
Chiron Corp. COM 170040109 225 5000 SH SOLE 5000
Clarcor Inc COM 179895107 591 30300 SH SOLE 30300
Coastal Corp COM 190441105 815 11000 SH SOLE 11000
Colonial Banc Group A COM 195493309 575 55400 SH SOLE 55400
Commerce Bancshares COM 200525103 475 12900 SH SOLE 12900
Commercial Metals Co. COM 201723103 360 14100 SH SOLE 14100
Compaq Computer COM 204493100 1605 58200 SH SOLE 58200
Compass Bancshares COM 20449H109 1141 58500 SH SOLE 58500
Computer Assoc Intl Inc COM 204912109 1333 52913 SH SOLE 52913
Conagra Foods, Inc. COM 205887102 3166 157800 SH SOLE 157800
Conseco Inc COM 208464107 1306 171250 SH SOLE 171250
Cooper Industries Inc. COM 216669101 3125 88650 SH SOLE 88650
Countrywide Credit COM 222372104 2809 74400 SH SOLE 74400
Cytec Industries COM 232820100 401 12000 SH SOLE 12000
Dell Computer COM 247025109 324 10500 SH SOLE 10500
Delphi Financial Group COM 247131105 443 10948 SH SOLE 10948
Deluxe Corp. COM 248019101 2298 113150 SH SOLE 113150
Dentsply International Inc COM 249030107 643 18400 SH SOLE 18400
Detroit Diesel Corp COM 250837101 525 23000 SH SOLE 23000
Devon Energy Corporation COM 25179M103 412 6842 SH SOLE 6842
Donnelley (RR) & Sons COM 257867101 1615 65750 SH SOLE 65750
Dow Chemical COM 260543103 2960 118690 SH SOLE 118690
Eastman Kodak COM 277461109 2277 55710 SH SOLE 55710
Edison International COM 281020107 2087 108050 SH SOLE 108050
Emerson Electric COM 291011104 2945 43950 SH SOLE 43950
EOG Resources Inc. COM 26875P101 404 10400 SH SOLE 10400
ESS Technology COM 269151106 578 40400 SH SOLE 40400
Everest Re COM 299808105 485 9800 SH SOLE 9800
Exxon Mobil Corporation COM 30231G102 393 4415 SH SOLE 4415
Fannie Mae COM 313586109 2354 32925 SH SOLE 32925
Federated Department Store COM 31410H101 2056 78700 SH SOLE 78700
Ferro Corp COM 315405100 452 23700 SH SOLE 23700
First Republic Bank COM 336158100 253 8400 SH SOLE 8400
Fleet Boston Financial Cor COM 339030108 2904 74464 SH SOLE 74464
Ford Motor COM 345370860 3632143496.1 SH SOLE 143496.1
FPL Group, Inc. COM 302571104 973 14800 SH SOLE 14800
Galileo International Inc COM 363547100 1483 95649 SH SOLE 95649
Harleysville Group COM 412824104 243 12800 SH SOLE 12800
Harris COM 413875105 1343 47223 SH SOLE 47223
Heinz H J COM 423074103 890 24000 SH SOLE 24000
Henry Schein Inc. COM 806407102 514 25800 SH SOLE 25800
Home Properties of NY Inc. COM 437306103 412 13800 SH SOLE 13800
Hyperion Solutions Corpora COM 44914M104 373 14400 SH SOLE 14400
ICN Pharmaceuticals Inc. COM 448924100 505 15200 SH SOLE 15200
Independent Bank Corp COM 453836108 391 32600 SH SOLE 32600
Infocus Corporation COM 45665B106 355 6700 SH SOLE 6700
Intel Corp COM 458140100 1515 36450 SH SOLE 36450
International Business Mac COM 459200101 2008 17850 SH SOLE 17850
International Paper COM 460146103 2202 76758 SH SOLE 76758
Interstate Bakeries COM 46072H108 665 45500 SH SOLE 45500
J & J Snack Foods Corp. COM 466032109 259 20000 SH SOLE 20000
Johnson & Johnson COM 478160104 2941 31310 SH SOLE 31310
Johnson Controls COM 478366107 210 3940 SH SOLE 3940
Kerr McGee COM 492386107 3298 49775 SH SOLE 49775
Knight-Ridder COM 499040103 2724 53600 SH SOLE 53600
Kroger COM 501044101 3615 160200 SH SOLE 160200
Lehman Bros. Holding, Inc. COM 524908100 1995 13500 SH SOLE 13500
Litton Industries COM 538021106 2856 63900 SH SOLE 63900
Louis Dreyfus Natural Gas COM 546011107 547 13800 SH SOLE 13800
Lubrizol COM 549271104 352 17900 SH SOLE 17900
Madison Gas & Electric Co COM 557497104 464 20400 SH SOLE 20400
Media General Inc. CL A COM 584404107 366 8500 SH SOLE 8500
Merck & Co. COM 589331107 4291 57650 SH SOLE 57650
Michael Foods Inc. COM 594079105 231 9900 SH SOLE 9900
Microsoft COM 594918104 1879 31150 SH SOLE 31150
Mitchell Energy & Developm COM 606592202 350 7500 SH SOLE 7500
Morgan J P & Co COM 616880100 3086 18888 SH SOLE 18888
Morgan Stanley Dean Witter COM 617446448 258 2820 SH SOLE 2820
Motorola, Inc. COM 620076109 1901 67300 SH SOLE 67300
Myers Industries Inc. COM 628464109 471 37140 SH SOLE 37140
National RV Holdings, Inc. COM 637277104 390 38800 SH SOLE 38800
Northrop Grumman COM 666807102 2818 31010 SH SOLE 31010
Novell Inc COM 670006105 851 85650 SH SOLE 85650
NSTAR COM 67019E107 264 6571 SH SOLE 6571
Occidental Petroleum Corp. COM 674599105 558 25600 SH SOLE 25600
Ocean Energy Inc. COM 67481E106 465 30100 SH SOLE 30100
OfficeMax Inc COM 67622M108 220 61700 SH SOLE 61700
PacifiCare Health COM 695112102 338 9700 SH SOLE 9700
Pfizer COM 717081103 572 12720 SH SOLE 12720
Phillips Petroleum COM 718507106 4678 74550 SH SOLE 74550
Phoenix Tech LTD COM 719153108 231 14500 SH SOLE 14500
Pinnacle West Capital COM 723484101 3653 71800 SH SOLE 71800
Pittston Brink's Group COM 725701106 312 20100 SH SOLE 20100
PNC Financial Services Gro COM 693475105 3998 61500 SH SOLE 61500
Progress Software Corp COM 743312100 353 25900 SH SOLE 25900
Pxre Group Limited COM G73018106 524 33300 SH SOLE 33300
Questar Corp COM 748356102 576 20700 SH SOLE 20700
Qwest Communications Int'l COM 749121109 658 13699 SH SOLE 13699
Ralcorp Holdings Inc COM 751028101 357 25300 SH SOLE 25300
Raymond James Financial COM 754730109 1057 32100 SH SOLE 32100
Regal Beloit COM 758750103 458 27000 SH SOLE 27000
Reynolds & Reynolds COM 761695105 489 24600 SH SOLE 24600
Rockwell International COM 773903109 229 7575 SH SOLE 7575
Royal Caribbean COM V7780T103 329 12800 SH SOLE 12800
Ryan's Family Steak Houses COM 783519101 445 57900 SH SOLE 57900
Ryland Group Inc COM 783764103 995 32100 SH SOLE 32100
Sara Lee Corp COM 803111103 3201 157600 SH SOLE 157600
Sears, Roebuck COM 812387108 2611 80550 SH SOLE 80550
SLM Holding Corp. Com COM 78442A109 306 6350 SH SOLE 6350
Springs Indust COM 851783100 400 14200 SH SOLE 14200
Sprint COM 852061100 2007 68460 SH SOLE 68460
SPS Technologies Inc COM 784626103 383 7900 SH SOLE 7900
Sterling Bancshares COM 858907108 314 20600 SH SOLE 20600
Summit Bancorp COM 866005101 3707 107450 SH SOLE 107450
Sunoco Inc COM 86764P109 873 32400 SH SOLE 32400
SuperValu, Inc COM 868536103 3191 211850 SH SOLE 211850
Symantec Corporation COM 871503108 361 8200 SH SOLE 8200
Texaco, Inc. COM 881694103 2077 39571 SH SOLE 39571
The Dun & Bradstreet Corp. COM 26483E100 2252 65400 SH SOLE 65400
The Healthcare Company COM 404119109 970 26130 SH SOLE 26130
Theragenics Corp. COM 883375107 360 55400 SH SOLE 55400
Tricon Global Restaurants COM 895953107 3111 101584 SH SOLE 101584
UGI Corp COM 902681105 606 25000 SH SOLE 25000
Uil Holdings Corporation COM 902748102 602 11700 SH SOLE 11700
UMB Financial Corporation COM 902788108 545 14620 SH SOLE 14620
Unilever COM 904784709 679 14078 SH SOLE 14078
Unionbancal Corp COM 908906100 2395 102725 SH SOLE 102725
United Stationers Inc COM 913004107 446 16600 SH SOLE 16600
Universal Corp - VA COM 913456109 411 14000 SH SOLE 14000
Universal Foods COM 913538104 509 25000 SH SOLE 25000
Unocal Corp COM 915289102 2254 63600 SH SOLE 63600
USG Corporation COM 903293405 1873 74750 SH SOLE 74750
USX-Marathon Group COM 902905827 3438 121150 SH SOLE 121150
Verizon Communications COM 92343V104 3940 81346 SH SOLE 81346
Wellpoint Health Networks COM 94973H108 298 3100 SH SOLE 3100
Whirlpool Corp COM 963320106 2259 58100 SH SOLE 58100
Worldcom Inc COM 98157D106 2196 72300 SH SOLE 72300
WPS Resources Corp COM 92931B106 645 19700 SH SOLE 19700
Xircom COM 983922105 247 9800 SH SOLE 9800
XL Capital LTD Class A COM G98255105 2701 36746 SH SOLE 36746
Zebra Technologies Corp-CL COM 989207105 406 8450 SH SOLE 8450
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