UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 2000
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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: Calvert Investment Counsel
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Address: 206 Village Square/Cross Keys
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Baltimore, Maryland 21210
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Form 13F File Number: 028-06266
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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: E. Kingdon Hurlock, Jr., CFA
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Title: Principal
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Phone: 410-435-3270
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Signature, Place, and Date of Signing:
/s/ E. Kingdon Hurlock
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[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 in this report and a portion are
reported by other reporting manager(s).)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
NONE
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Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers:
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Form 13F Information Table Entry Total: 87
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Form 13F Information Table Value Total: $ 189,401,477
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(thousands)
List of other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
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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Form 13F INFORMATION TABLE
--INVESTMENT DISCRETION-- --VOTING POWER--
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 SHARED
MARKET VALUE SHARES / SOLE SHARED OTHER SOLE SHARED NONE
------------ -------- ---- ----- ----- ---- ------ ----
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PAR VALUE (A) (B) (C) MANAGER (A) (B) (C)
-------------- -------------- ------ ------------ -------- --- ----- ----- ------- ---- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Abbott Labs COM 002824100 2,765,759 58,150 X 58,150
ADC Telecom COM 000886101 6,335,431 235,600 X 235,600
American Intl. Group COM 026874107 321,797 3,363 X 3,363
America Online COM 02364J104 2,551,781 47,475 X 47,475
Automatic Data COM 053015103 1,166,568 17,444 X 17,444
Processing
American Express Co. COM 025816109 6,407,606 105,475 X 105,475
Baron Asset Fund COM 068278100 213,172 3,365 X 3,365
Bank of New York COM 064057102 6,862,050 122,400 X 122,400
Bell South COM 079860102 217,350 5,400 X 5,400
Bristol Myers COM 110122108 252,950 4,428 X 4,428
Squibb Co.
BP Amoco PLC COM 055622104 252,280 4,760 X 4,760
Brandywine Fund COM 105320107 211,789 4,583 X 4,583
Citigroup Inc. COM 172967101 3,707,660 68,581 X 68,581
Carnival Corp. C1 A COM 143658102 482,034 19,575 X 19,575
Clear Channel Comm. COM 184502102 2,971,024 52,585 X 52,585
Cendant Corp. COM 151313103 916,425 84,269 X 84,269
Constellation Energy COM 210371100 449,840 9,042 X 9,042
Group
Chevron COM 166751107 1,515,319 17,775 X 17,775
Colgate Palmolive COM 194162103 264,320 5,600 X 5,600
Chase Manhattan Corp. COM 16161A108 818,673 17,725 X 17,725
Conseco, Inc. COM 208464107 214,423 28,121 X 28,121
Computer Sciences COM 205363104 3,679,236 49,552 X 49,552
Cisco Systems COM 17275R102 34,965,626 632,862 X 632,862
DuPont E 1 COM 263534109 1,091,547 26,342 X 26,342
Walt Disney Co. COM 254687106 1,943,750 50,817 X 50,817
Diamond Offshore COM 25271C102 1,396,050 34,050 X 34,050
DeVRY Inc. COM 251893103 432,688 11,500 X 11,500
Electronic Data Systems COM 285661104 644,246 15,524 X 15,524
EMC Corp. COM 268648102 342,973 3,460 X 3,460
El Paso Energy COM 283905107 1,689,449 27,415 X 27,415
Ericsson Tel ADR COM 294821400 2,909,057 196,392 X 196,392
FelCor Lodging Trust COM 31430F101 635,938 27,500 X 27,500
Flextronics Intl COM Y2573F102 367,509 4,475 X 4,475
Federal Natonal
Mortgage Assn. COM 313586109 244,387 3,418 X 3,418
General Electric COM 369604103 18,574,221 321,980 X 321,980
Corning Glass Works COM 219350105 4,536,675 15,275 X 15,275
Hughes Electronics COM 370442832 435,006 11,700 X 11,700
Health Care COM 42191510 514,705 17,374 X 17,374
Properties
Home Depot, INC. COM 437076102 253,798 4,783 X 4,783
Intel Corp. COM 458140100 6,580,258 158,322 X 158,322
Jabil Circuit COM 466313103 879,625 15,500 X 15,500
Johnson & Johnson COM 478160104 456,536 4,860 X 4,860
K Mart Corp. COM 482584109 171,300 28,550 X 28,550
Kimberly Clark Corp. COM 49436810 362,781 6,500 X 6,500
Coca Cola COM 191216100 682,117 12,374 X 12,374
Lear Corp. COM 521865105 845,119 41,100 X 41,100
AT&T Liberty Media COM 001957208 1,341,900 74,550 X 74,550
Group CL A
Lowes Cos. COM 548661107 2,352,213 52,417 X 52,417
LSI Logic COM 502161102 700,538 23,950 X 23,950
McDonalds Corp. COM 580135101 1,558,218 51,618 X 51,618
Mercury Interactive COM 589405109 9,287,438 59,250 X 59,250
Mutual Risk Mgmt. COM 628351108 384,301 17,518 X 17,518
Philip Morris Cos. COM 718154107 1,022,894 34,748 X 34,748
Motorola Inc. COM 620076109 4,017,263 142,204 X 142,204
Merck & Co. COM 589331107 2,324,385 31,226 X 31,226
Nortel Networks COM 656569100 305,913 5,136 X 5,136
Nextel Communication COM 65332V103 2,328,150 49,800 X 49,800
Pepsico COM 713448108 465,980 10,130 X 10,130
Conseco Financing PREF 20847P205 197,944 15,300 X 15,300
Trust V 8.7% Pfd
TVA 6.75%, 6/1/28 PREF 880591300 257,878 11,590 X 11,590
Ser D Pfd P 6/03
Pfizer Inc. COM 71708110 2,774,441 61,740 X 61,740
Proctor & Gamble COM 742718109 355,636 5,308 X 5,308
Pilgrim Prime Rate COM 72146W103 107,725 12,400 X 12,400
Trust
T. Rowe Price Equity 779547108 264,094 10,731 X 10,731
Income Fund COM
Qwest Communications COM 749121109 754,581 15,700 X 15,700
Rite Aid COM 767754104 92,800 23,200 X 23,200
Transocean Sedco COM G90078109 751,455 12,818 X 12,818
Forex Inc.
T. Rowe Price Equity 779556109 246,862 5,508 X 5,508
Mid Cap Growth Fund COM
SBC Communications COM 78387G103 508,750 10,175 X 10,175
Southdown, Inc. COM 841297104 3,288,544 46,155 X 46,155
Schering-Plough Corp. COM 806605101 3,421,796 73,587 X 73,587
Schlumberger Ltd. COM 806857108 2,540,658 30,866 X 30,866
Staples Inc. COM 855030102 2,762,547 194,717 X 194,717
Steinroe Intermed COM 858420300 138,937 16,250 X 16,250
Bond Fund
Sun Microsystems COM 866810104 238,637 2,044 X 2,044
Service Master Co. COM 81760N109 458,328 46,413 X 46,413
Teva Pharm Inds ADR COM 881624209 4,153,391 56,750 X 56,750
Thermo Electron Corp. COM 883556102 591,838 22,763 X 22,763
TOTAL FINA ELF S.A. COM 89151E109 980,391 13,350 X 13,350
Texaco, Inc. COM 881694103 265,125 5,050 X 5,050
Texas Instruments Inc. COM 882508104 225,556 4,780 X 4,780
Tyco International COM 902124106 2,793,261 53,846 X 53,846
Viacom Inc. Cl B COM 925524308 3,336,606 57,036 X 57,036
Verizon Comm COM 92343V104 867,758 17,915 X 17,915
Wachovia Corp. COM 929771103 240,865 4,249 X 4,249
Wal-Mart COM 931142103 4,032,875 83,800 X 83,800
Exxon Mobil Corp. COM 30231G102 3,130,159 35,212 X 35,212
REPORT TOTALS 189,401,477
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