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 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: 84
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Form 13F Information Table Value Total: $ 158,346,070
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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 2,840,859 58,650 X 58,650
ADC Telecom COM 000886101 4,424,313 244,100 X 244,100
Automatic Data COM 053015103 1,098,092 17,344 X 17,344
Processing
American Home Prod COM 026609107 206,538 3,250 X 3,250
American Intl. Group COM 026874107 501,486 5,088 X 5,088
America Online COM 02364J104 2,076,690 59,675 X 59,675
American Express Co. COM 025816109 5,843,977 106,375 X 106,375
Bank of New York COM 064057102 6,777,025 122,800 X 122,800
Bell South COM 079860102 221,063 5,400 X 5,400
Bristol Myers COM 110122108 312,608 4,228 X 4,228
Squibb Co.
BP Amoco PLC COM 055622104 251,440 5,252 X 5,252
Boston Properties COM 101121101 206,625 4,750 X 4,750
Citigroup Inc. COM 172967101 3,619,361 70,881 X 70,881
Carnival Corp. C1 A COM 143658102 563,098 18,275 X 18,275
Clear Channel Comm. COM 184502102 2,640,425 54,512 X 54,512
Cendant Corp. COM 151313103 779,808 81,019 X 81,019
Constellation Energy COM 210371100 402,949 8,942 X 8,942
Group
Chevron COM 166751107 1,517,764 17,975 X 17,975
Colgate Palmolive COM 194162103 361,480 5,600 X 5,600
Chase Manhattan Corp. COM 16161A108 933,150 20,537 X 20,537
Conseco, Inc. COM 208464107 334,936 25,398 X 25,398
Computer Sciences COM 205363104 2,964,283 49,302 X 49,302
Cisco Systems COM 17275R102 23,987,837 627,133 X 627,133
DuPont E 1 COM 263534109 1,258,154 26,042 X 26,042
Walt Disney Co. COM 254687106 1,447,367 50,017 X 50,017
Diamond Offshore COM 25271C102 1,350,000 33,750 X 33,750
DeVRY Inc. COM 251893103 434,125 11,500 X 11,500
Electronic Data Systems COM 285661104 896,511 15,524 X 15,524
EMC Corp. COM 268648102 881,790 13,260 X 13,260
Equity Office COM 294741103 207,169 6,350 X 6,350
Properties Tr. REIT
El Paso Energy COM 283905107 2,293,074 32,015 X 32,015
Ericsson Tel ADR COM 294821400 2,185,948 195,392 X 195,392
FelCor Lodging Trust COM 31430F101 617,588 25,800 X 25,800
Flextronics Intl COM Y2573F102 460,275 16,150 X 16,150
Federal Natonal
Mortgage Assn. COM 313586109 296,512 3,418 X 3,418
General Electric COM 369604103 15,483,333 322,990 X 322,990
Corning Glass Works COM 219350105 2,446,539 46,325 X 46,325
Hughes Electronics COM 370442832 213,900 9,300 X 9,300
Health Care COM 42191510 523,023 17,574 X 17,574
Properties
Home Depot, INC. COM 437076102 275,039 6,020 X 6,020
Honeywell Int'l COM 438516106 214,089 4,525 X 4,525
Intel Corp. COM 458140100 4,377,761 145,622 X 145,622
Jabil Circuit COM 466313103 334,950 13,200 X 13,200
Johnson & Johnson COM 478160104 542,123 5,160 X 5,160
K Mart Corp. COM 482584109 109,172 20,550 X 20,550
Kimberly Clark Corp. COM 49436810 459,485 6,500 X 6,500
Coca Cola COM 191216100 750,994 12,324 X 12,324
Lear Corp. COM 521865105 566,966 22,850 X 22,850
AT&T Liberty Media COM 001957208 846,978 62,450 X 62,450
Group CL A
Lowes Cos. COM 548661107 2,408,207 54,117 X 54,117
LSI Logic COM 502161102 409,306 23,950 X 23,950
Marriott Int'l A New COM 571903202 211,250 5,000 X 5,000
McDonalds Corp. COM 580135101 1,782,212 52,418 X 52,418
Mercury Interactive COM 589405109 5,374,388 59,550 X 59,550
Mutual Risk Mgmt. COM 628351108 266,055 17,518 X 17,518
Philip Morris Cos. COM 718154107 1,528,912 34,748 X 34,748
Motorola Inc. COM 620076109 2,846,219 140,554 X 140,554
Merck & Co. COM 589331107 3,180,816 33,974 X 33,974
Nextel Communication COM 65332V103 1,232,550 49,800 X 49,800
Pepsico COM 713448108 511,981 10,330 X 10,330
Conseco Financing PREF 20847P205 245,756 15,300 X 15,300
Trust V 8.7% Pfd
TVA 6.75%, 6/1/28 PREF 880591300 270,916 11,590 X 11,590
Ser D Pfd P 6/03
Pfizer Inc. COM 71708110 2,821,088 61,328 X 61,328
Proctor & Gamble COM 742718109 377,128 4,808 X 4,808
Qwest Communications COM 749121109 690,788 16,900 X 16,900
Rite Aid COM 767754104 50,350 21,200 X 21,200
Transocean Sedco COM G90078109 620,080 13,480 X 13,480
Forex Inc.
SBC Communications COM 78387G103 485,856 10,175 X 10,175
Schering-Plough Corp. COM 806605101 4,204,437 74,087 X 74,087
Schlumberger Ltd. COM 806857108 2,599,248 32,516 X 32,516
Staples Inc. COM 855030102 2,219,581 187,901 X 187,901
Service Master Co. COM 81760N109 502,125 43,663 X 43,663
Teva Pharm Inds ADR COM 881624209 4,142,288 56,550 X 56,550
Thermo Electron Corp. COM 883556102 520,833 17,507 X 17,507
TOTAL FINA ELF S.A. COM 89151E109 970,378 13,350 X 13,350
Texaco, Inc. COM 881694103 307,519 4,950 X 4,950
Texas Instruments Inc. COM 882508104 231,759 4,892 X 4,892
Tyco International COM 902124106 3,096,678 55,796 X 55,796
Viacom Inc. Cl B COM 925524308 2,974,983 63,636 X 63,636
Verizon Comm COM 92343V104 860,446 17,166 X 17,166
Wachovia Corp. COM 929771103 246,973 4,249 X 4,249
Wells Fargo & Co. COM 949746101 228,319 4,100 X 4,100
Wal-Mart COM 931142103 4,519,609 85,075 X 85,075
Exxon Mobil Corp. COM 30231G102 3,066,373 35,271 X 35,271
REPORT TOTALS 158,346,070
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