UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 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: Voyageur Asset Management LLC
Address: 90 South Seventh Street, Suite 4300
Minneapolis, MN 55402
13F File Number: 28-6284
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: Frank C. Tonnemaker
Title: CEO
Phone: (612) 376-7059
Signature, Place and Date of Signing:
/s/ Frank C. Tonnemaker Minneapolis, Minnesota Date: July 31, 2000
Frank C. Tonnemaker
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.
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: None
Form 13F Information Table Entry Total: 109
Form 13F Information Table Value Total: $837,256,241
List of Other Included Managers: None
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FORM 13F
As of March 31, 2000
Name of Reporting Manager: Voyageur Asset Management LLC
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Item 1: Item 2: Item 3: Item 4: Item 5: Item 6: Item 7: Item 8: Voting
Invesment Discretion Authority (Shares)
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Name of Issuer Title of Cusip Fair Market Shares of (a) (b) (c) Managers (a) (b) (c)
Class Number Value Principal Sole Shared as Shared see Sole Shared None
Amt defined in Other Instr.V
Instr.V
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ADC Telecommuni -Common Stock 000886101 2,604,319 31,050 X 27,550 - 3,500
cations
Abbott Labs -Common Stock 002824100 29,246,652 656,299 X 262,744 - 393,555
AES Corporation -Common Stock 00130H105 17,029,988 373,260 X 316,490 - 56,770
Aflac Inc -Common Stock 001055102 9,963,309 216,886 X 196,845 - 20,041
Agilent Technologies Inc -Common Stock 00846U101 272,728 3,698 X 1,563 - 2,135
Albertsons Inc -Common Stock 013104104 11,339,314 341,032 X 297,227 - 43,805
Altera Corporation -Common Stock 21441100 203,876 2,000 X 2,000 - 0
American Express -Common Stock 025816109 390,938 7,500 X 6,600 - 900
American Home Products -Common Stock 26609107 248,689 4,233 X 3,500 - 733
American Interna- -Common Stock 026874107 14,998,405 127,646 X 101,537 - 26,109
tional Group Inc
Amgen Inc -Common Stock 31162100 772,750 11,000 X 11,000 - 0
Anheuser Busch -Common Stock 035229103 675,926 9,050 X 7,600 - 1,450
Applied Materials Inc -Common Stock 38222105 362,500 4,000 X 4,000 - 0
Automatic Data -Common Stock 53015103 11,893,986 222,056 X 186,596 - 35,460
Processing 0
Bemis -Common Stock 081437105 9,595,768 285,376 X 250,236 - 35,140
Bristol Meyers -Common Stock 110122108 9,318,602 159,976 X 143,040 - 16,936
Cardinal Health -Common Stock 14149Y108 16,074,946 217,229 X 187,655 - 29,574
Carnival Corporation -Common Stock 143658102 5,726,955 293,690 X 233,500 - 60,190
Cintas corp -Common Stock 172908105 11,136,936 303,558 X 247,643 - 55,915
Cisco Systems Inc. -Common Stock 17275R102 30,676,966 482,623 X 372,309 - 110,314
Clear Channel -Common Stock 184502102 446,250 5,950 X 4,500 - 1,450
Communications 0
Computer Associates -Common Stock 204912109 9,501,005 185,610 X 155,960 - 29,650
Computer Sciences -Common Stock 205363104 9,969,728 133,485 X 125,275 - 8,210
Corp 0
ConAgra Inc -Common Stock 205887102 9,006,619 472,466 X 419,391 - 53,075
Concord EFS Inc. -Common Stock 206197105 15,721,550 604,675 X 503,745 - 100,930
Conoco Inc - Cl A -Common Stock 208251306 341,000 15,500 X 13,500 - 2,000
CVS Corporation -Common Stock 126650100 384,000 9,600 X 8,400 - 1,200
Danaher Corporation -Common Stock 235851102 9,096,592 184,000 X 158,830 - 25,170
Disney Walt Co -Common Stock 254687106 263,928 6,800 X 6,800 - 0
Duke Energy -Common Stock 264399106 231,138 4,100 X 3,600 - 500
Corporation 0
Ecolab Inc -Common Stock 278865100 11,906,324 304,798 X 259,065 - 45,733
EMC Corp./ Mass -Common Stock 268648102 22,142,064 287,791 X 207,319 - 80,472
Emerson Electric -Common Stock 291011104 11,415,343 189,074 X 166,129 - 22,945
Enron Corporation -Common Stock 293561106 322,500 5,000 X 5,000 - 0
Ercsson L M Tel Co SP ADR -Common Stock 294821400 256,000 12,800 X 12,800 - 0
Exxon Mobil Corporation -Common Stock 302290101 1,386,467 17,662 X 10,074 - 7,588
Fannie Mae -Common Stock 313586109 8,777,239 168,185 X 140,845 - 27,340
Fifth Third Bancorp -Common Stock 316773100 299,615 4,737 X 3,387 - 1,350
Freddie Mac -Common Stock 313400301 784,080 19,360 X 8,400 - 10,960
Gannett Company -Common Stock 364730101 8,811,053 147,310 X 126,240 - 21,070
General Electric Co -Common Stock 369604103 24,772,147 467,399 X 394,869 - 72,530
Gentex Corp -Common Stock 371901109 7,818,146 311,170 X 261,130 - 50,040
Genuine Parts -Common Stock 372460105 7,738,480 386,924 X 340,854 - 46,070
Grainger WW Inc -Common Stock 384802104 6,018,611 195,327 X 170,382 - 24,945
GTE Coporation -Common Stk P0 362320103 1,726,379 27,733 X 27,642 - 91
Harley-Davidson Inc -Common Stk P0 412822108 12,645,133 328,445 X 244,475 - 83,970
Health Mgmt Assoc -Common Stock 421933102 199,864 15,300 X 15,300 - 0
Hewlett Packard -Common Stock 428236103 10,480,259 83,926 X 66,511 - 17,415
Home Depot Inc -Common Stock 437076102 8,289,758 166,001 X 151,149 - 14,852
Honeywell International -Common Stock 438516106 407,187 12,087 X 9,437 - 2,650
Inc
Illinois Tool -Common Stock 452308109 16,696,041 292,913 X 257,333 - 35,580
Works 0
Infinity Broad -Common Stock 45662S102 579,364 15,900 X 11,900 - 4,000
casting CP New 0
Ingersoll-Rand Co -Common Stock 456866102 426,650 10,600 X 7,900 - 2,700
Intel Corp -Common Stock 458140100 29,003,211 216,947 X 186,736 - 30,211
Intl Business Machines -Common Stock 459200101 306,776 2,800 X 2,200 - 600
Interpublic Group Co -Common Stock 460690100 434,300 10,100 X 8,800 - 1,300
Keycorp - New -Common Stock 493267108 8,339,004 473,135 X 416,980 - 56,155
Jefferson Pilot -Common Stock 493267108 9,046,955 160,299 X 140,934 - 19,365
Johnson Control Inc -Common Stock 478366107 821,008 16,000 X 6,300 - 9,700
Johnson & -Common Stock 478160104 12,270,334 120,445 X 102,195 - 18,250
Johnson Co 0
Kohls Corporation -Common Stock 500255104 15,634,519 281,070 X 231,285 - 49,785
Linear Technology Corp -Common Stock 535678106 1,214,822 19,000 X 19,000 - 0
Lucent Technologies Inc -Common Stock 549463107 410,899 6,935 X 392 - 6,543
MBNA Corporation -Common Stock 55262L100 1,771,046 65,292 X 6,362 - 58,930
Manulife Financial Corp -Common Stock 56501R106 223,713 12,559 X 12,559 - 0
McDonalds Corp -Common Stock 580135101 349,143 10,600 X 1,200 - 9,400
Medtronic Inc -Common Stock 585055106 14,643,179 293,963 X 232,330 - 61,633
Merck & Co -Common Stock 589331107 21,210,260 276,806 X 241,348 - 35,458
Microchip Technology Inc -Common Stock 595017104 203,931 3,500 X 3,500 - 0
Microsoft Corp. -Common Stock 594918104 17,030,080 212,876 X 191,835 - 21,041
Morgan Stanley -Common Stock 617446448 13,479,424 161,915 X 149,310 - 12,605
Dean Witter Discover
Motorola Inc -Common Stock 620076109 496,977 17,100 X 12,600 - 4,500
Newell Rubbermaid Inc -Common Stock 651229106 8,485,501 329,534 X 288,659 - 40,875
Northern Trust corp -Common Stock 665859104 1,470,424 22,600 X 19,400 - 3,200
Omnicom Group, Inc -Common Stock 681919106 13,650,241 153,265 X 125,025 - 28,240
Oracle Systems -Common Stock 68389X105 27,526,682 327,453 x 293,770 33,683
Corporation
Paychex Inc -Common Stock 704326107 20,448,414 486,867 X 391,517 95,350
Group
Pepsico Inc -Common Stock 713448108 852,454 19,183 X 16,200 - 2,983
Pfizer Inc -Common Stock 717081103 1,780,800 37,100 X 5,700 - 31,400
Pitney Bowes -Common Stock 724479100 568,000 14,200 X 1,200 - 13,000
Praxair Inc -Common Stock 74005P104 8,336,170 222,666 X 197,786 - 24,880
Providian -Common Stock 74406A102 10,138,500 112,650 X 103,595 - 9,055
Financial Corp
Royal Dutch -Common Stk P2 780257804 9,997,954 162,402 X 138,987 - 23,415
Petroleum
Schering Plough -Common Stock 806605101 12,570,814 248,927 X 213,802 - 35,125
Corp
Schlumberger LTd -Common Stock 806857108 257,456 3,450 X 3,384 - 66
Schwab (Charles) Corp -Common Stock 808513105 433,763 12,900 X 12,900 - 0
Shell Trans & -Common Stock 822703609 10,409,976 208,458 X 180,438 - 28,020
New York Trading
PLC Sh
Sherwin Williams -Common Stock 824348106 9,754,934 460,399 X 403,709 - 56,690
Sigma-Aldrich -Common Stock 826552101 8,905,367 304,457 X 265,587 - 38,870
Solectron Corporation -Common Stock 834182107 16,589,409 396,165 X 334,015 - 62,150
Southtrust -Common Stock 844730101 7,663,766 338,730 X 296,195 - 42,535
Corporation
Sun Microsystems -Common Stock 866810104 26,534,435 291,786 X 243,885 - 47,901
Sybron Intl Corp -Common Stock 87114F106 9,511,429 480,060 X 401,790 - 78,270
Sysco Corporation -Common Stock 871829107 28,721,078 681,806 X 570,456 - 111,350
Target Corporation -Common Stk P0 8.76E+110 406,638 7,011 X 6,000 - 1,011
Tellabs Inc -Common Stk P0 879664100 15,033,091 219,660 X 171,800 - 47,860
Texas Instruments Inc -Common Stock 882508104 522,029 7,600 X 5,800 1,800
Tribune Company -Common Stock 896047107 630,000 18,000 X 18,000 0
Tyco International ltd -Common Stock 902124106 9,386,646 198,135 X 181,555 16,580
U S Bancorp -Common Stock 902973106 1,107,645 57,540 X 0 57,540
US West Inc -Common Stock 91273H101 411,600 4,800 X 3,600 - 1,200
USX Marathon -Common Stock 902905827 263,162 10,500 X 9,200 - 1,300
Group Inc
Verizon Communications -Common Stock 92343V104 254,065 5,000 X 4,400 - 600
Vitesse Semi- -Common Stock 928497106 213,333 2,900 X 2,900 - 0
Conductor Corp 0
Walgreen Co -Common Stock 931422109 13,192,091 409,845 X 324,305 - 85,540
Walmart Stores -Common Stock 931142103 11,144,329 193,394 X 163,509 - 29,885
Wells Fargo Company -Common Stock 949746101 902,875 23,300 X 0 - 23,300
Worldcom Inc -Common Stock 98157D106 488,569 10,650 X 8,350 - 2,300
Wm Wrigley Jr Co -Common Stock 982526105 408,959 5,100 X 5,100 - 0
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