<PAGE> 1
OMB APPROVAL
--------------------------
OMB Number: 3235-0006
Expires: February 28, 1997
Estimated average burden
hours per response...24.60
SEC USE ONLY
--------------------------
--------------------------
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
INFORMATION REQUIRED OF INSTITUTIONAL INVESTMENT MANAGERS PURSUANT
TO SECTION 13(f) OF THE SECURITIES EXCHANGE ACT OF 1934 AND RULES THEREUNDER
Report for the Calendar Year or Quarter Ended December 31, 1999.
(Please read instructions before preparing form.)
If amended report check here: / /
Seneca Capital Management LLC
- --------------------------------------------------------------------------------
Name of Institutional Investment Manager
909 Montgomery Street, Suite 500 San Francisco CA 94133
- --------------------------------------------------------------------------------
Business Address (Street) (City) (State) (Zip)
Sandra J. Monticelli 415-677-1597 Chief Financial Officer
- --------------------------------------------------------------------------------
Name, Phone No., and Title of Person Duly Authorized to Submit this Report.
ATTENTION
INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACTS CONSTITUTE
FEDERAL CRIMINAL VIOLATIONS.
SEE 18 U.S.C. 1001 AND 15 U.S.C. 78ff(a).
The institutional investment manager submitting this Form and its
attachments and the person by whom it is signed represent hereby that all
information contained therein is true, correct and complete. It is understood
that all required items, statements and schedules are considered integral parts
of this Form and that the submission of any amendment represents that all
unamended items, statements and schedules remain true, correct and complete as
previously submitted.
Pursuant to the requirements of Securities Exchange Act of 1934, the
undersigned institutional investment manager has caused this report to be
signed on its behalf in the City of San Francisco and State of California on
the 10th day of February, 2000.
Seneca Capital Management LLC
-----------------------------------------------
(Name of Institutional Investment Manager)
/s/ Sandra J. Monticelli
-----------------------------------------------
(Manual Signature of Person Duly Authorized
to Submit This Report)
Name and 13F file numbers of ALL Institutional Investment Managers with respect
to which this schedule is filled (other than the one filing this report): (List
in alphabetical order).
13F File Numbers will be assigned to Institutional Investment Managers after
they file their first report.
Name: 13F File No.: Name: 13F File No.:
- ------------------------ ------------- ------------------------ -------------
1. Seneca Capital 6.
Management LLC 28-6450 ---------------------- -------------
--------------------- -------------
2. Phoenix Investment 7.
Partners Ltd. ---------------------- -------------
--------------------- -------------
3. Phoenix Home Life 8.
Mutual Ins. Co. ---------------------- -------------
--------------------- -------------
4. 9.
---------------------- ------------- ---------------------- -------------
5. 10.
---------------------- ------------- --------------------- -------------
SEC 1685 (5/91)
<PAGE> 2
INFORMATION REQUIRED OF INSTITUTIONAL INVESTMENT
MANAGER PURSUANT TO SECTION 13(f) OF
THE SECURITIES EXCHANGE ACT OF 1934
AND RULES THEREUNDER
Report for Quarter Ended December 31, 1999
Securities with respect to which Seneca Capital Management LLC exercises
investment discretion, as reported herein, are hereby also reported herein with
respect to direct and indirect parent organizations of Seneca Capital
Management LLC, namely Phoenix Investment Partners Ltd., 56 Prospect Street,
Hartford, Connecticut, and its majority shareholder, Phoenix Home Life Mutual
Insurance Company, One American Row, Hartford, Connecticut. Such securities
have not been included in the report filed by Phoenix Home Life Mutual
Insurance Company for itself, Phoenix Investment Partners Ltd., and certain
other subsidiaries of Phoenix Investment Partners Ltd.
<PAGE> 3
<TABLE>
<CAPTION>
NON VOTING VOTING
----------------------------------- --------------------------------
SECURITY CUSIP SYMBOL UNITS COUNT MARKET VALUE UNITS COUNT MARKET VALUE
L>>>>>>>>>>>>>>>>>>>>>>>* L>>>>>> *L>>>> V>>>> *V>>> *V>>>>>>>>> V>>>>>> *V>>> *V>>>>>>>
<S> <C> <C> <C> <C> <C> <C> <C>
AETNA INC 8117103 AET 428 3 31,993 317 5 17,693
AGILENT TECHNOLOGIES 00846U101 A 18,950 171 1,465,100 80,529 818 6,226,037
AIR PROD & CHEM INC 9158106 APD 0 0 0 265 3 8,894
ALBERTO CULVER CO A 13068200 ACVA 0 0 0 95 1 2,066
ALBERTSONS INC 13104104 ABS 294 3 9,482 185 2 5,967
ALCOA INC 13817101 AA 11,840 175 982,720 50,705 836 4,208,515
ALLSTAR INNS INC 19889104 ALSTF 0 0 0 33 1 0
ALLSTATE CORP 20002101 ALL 2,000 1 48,126 878 9 21,127
ALLTEL CORP DE 20039103 AT 0 0 0 420 6 34,729
AMERICAN EXPRESS CO 25816109 AXP 600 1 45,525 3 2 499
AMERICAN GENERAL CORP TEXAS 26351106 AGC 0 0 0 50 2 3,794
AMERICAN HOME PRODUCTS 26609107 AHP 0 0 0 675 9 26,495
AMERICAN INTERNATIONAL GP 26874107 AIG 984 5 106,396 3,091 65 334,222
AMFM INC 1693100 AFM 21,435 178 1,677,336 89,384 890 6,994,518
ANHEUSER BUSCH COS INC 35229103 BUD 1,385 6 98,163 4,553 68 322,696
APACHE CORP 37411105 APA 280 3 10,342 0 0 0
AT&T CORPORATION 1957109 T 1,912 3 97,154 5,741 56 291,718
AT&T LIBERTY MEDIA GROUP A 1957208 LMGA 0 0 0 174 1 9,885
AUTOMATIC DATA PROCESSING INC 53015103 AUD 2,070 5 111,523 6,373 63 343,353
AVERY DENNISON CORPORATION 53611109 AVY 150 3 5,194 275 2 20,041
AVNET INC 53807103 AVT 0 0 0 440 5 26,622
AVON PRODUCTS INC 54303102 AVP 0 0 0 400 5 13,200
BAKER HUGHES INC 57224107 BHI 180 1 3,791 440 4 9,268
BANK OF AMERICA CORP 60505104 BAC 1,131 3 56,762 3,339 56 167,580
BANK OF NEW YORK 64057102 BK 0 0 0 527 4 21,080
BANK ONE CORP 06423A103 ONE 0 0 0 52 1 1,664
BAXTER INTL INC 71813109 BAX 380 3 23,869 755 12 47,426
BEA SYSTEMS INC 73325102 BEAS 0 0 0 50 1 3,497
BEAR STEARNS COMPANIES INC 73902108 BSC 0 0 0 402 3 17,186
BELL ATLANTIC CORP 77853109 BEL 17,147 174 1,055,612 71,794 829 4,419,836
BELLSOUTH CORP 79860102 BLS 0 0 0 595 5 27,854
BESTFOODS INC 08658U101 BFO 0 0 0 105 2 5,519
BJ SVCS CO 55482103 BJS 0 0 0 512 5 21,408
BOWATER INCORPORATED 102183100 BOW 430 3 5,752 28 1 1,521
BP AMOCO PLC ADS 55622104 BPA 0 0 0 138 2 8,186
BRINKER INTL INC 109641100 EAT 500 3 12,063 0 0 0
BRISTOL MYERS SQUIBB CO 110122108 BMY 19,960 179 1,281,162 83,567 895 5,363,870
BURLINGTON NO SANTA FE CP 12189T104 BNI 0 0 0 354 3 8,584
CARDINAL HEALTH INC 14149Y108 CAH 0 0 0 105 2 5,027
CATERPILLAR INC 149123101 CAT 130 2 3,567 360 7 16,942
CELLNET FUNDING LLC PFD 150945202 CNDSP 0 0 0 700 2 1,641
CHARLES SCHWAB NEW 808513105 SCH 3,070 5 117,428 7,940 56 303,717
CHARTER COMM CLASS A 16117M107 CHTR 31,840 169 696,525 133,730 824 2,925,469
CHASE MANHATTAN CORP NEW 16161A108 CMB 0 0 0 453 10 35,193
CHEVRON CORP 166751107 CHV 0 0 0 170 2 14,726
</TABLE>
<PAGE> 4
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C>
CIGNA CP 125509109 CI 110 3 8,862 430 9 34,642
CIRCUIT CY STRS CIRCUIT CY GP 172737108 CC 180 3 8,112 0 0 0
CISCO SYS INC 17275R102 CSCO 15,264 179 1,635,165 62,948 896 6,743,365
CIT GROUP INC A 125577106 CIT 450 3 9,506 0 0 0
CITIGROUP INC 172967101 C 33,086 178 1,842,494 139,280 902 7,756,221
CKE RESTAURANTS INCORPORATED 1.26E+109 CKR 0 0 0 1,444 5 8,483
CLOROX CO DE 189054109 CLX 17,659 172 889,601 75,281 826 3,792,413
CNH GLOBAL NV N20935107 CNH 0 0 0 77 1 1,025
COASTAL CORP 190441105 CGP 0 0 0 427 4 15,132
COCA COLA CO 191216100 KO 55 1 3,204 318 6 18,526
COGNEX CORP 192422103 CGNX 220 3 8,580 0 0 0
COLGATE PALMOLIVE CO 194162103 CL 2,020 5 131,300 6,001 60 390,065
COLUMBIA/HCA HEALTHCARE CORP 197677107 COL 0 0 0 694 4 20,344
COMMONWEALTH ED 1.40 PREF CV 202795696 202795 0 0 0 1 1 0
COMPAQ COMPUTER CORP 204493100 CPQ 0 0 0 155 2 4,195
COMPUTER ASSOC INTL INC 204912109 CA 0 0 0 455 5 31,821
COMPUTER SCIENCES CP 205363104 CSC 0 0 0 80 2 7,570
CONOCO INC CL A 208251306 COCA 0 0 0 515 5 12,747
CONOCO INC CL B 208251405 COCB 0 0 0 535 4 13,309
CONSECO INC 208464107 CNC 0 0 0 860 5 15,318
CONSTELLATION ENERGY GP INC 210371100 CEG 0 0 0 330 2 9,570
CORECOMM LTD G2422R109 COMM 0 0 0 145 1 8,609
COUNTRYWIDE CREDIT INDS DEL 222372104 CCR 150 3 19,341 689 6 17,398
COX COMMUNICATIONS CLASS A 224044107 COX 0 0 0 80 1 4,120
CRESCENT REAL EST EQUITIES CO 225756105 CEI 0 0 0 610 5 11,208
CVS CORPORATION 126650100 CVS 0 0 0 630 5 25,122
DARDEN RESTAURANTS 237194105 DRI 0 0 0 57 1 1,033
DAYTON HUDSON CORP 239753106 DH 0 0 0 120 2 8,812
DEERE & CO 244199105 DE 250 3 10,844 573 9 24,855
DELL COMPUTER CORP 247025109 DELL 0 0 0 100 1 5,100
DELPHI AUTOMOTIVE SYSTEMS CORP 247126105 DPH 0 0 0 909 4 14,317
DELTA AIRLINES 247361108 DAL 0 0 0 837 9 41,694
DELUXE CORPORATION 248019101 DLX 0 0 0 405 5 11,112
DIAGEO PLC SPON ADR NEW 25243Q205 DEO 0 0 0 95 2 3,040
DILLARDS INC CL A 254067101 DDS 0 0 0 90 1 1,817
DOW CHEMICAL CO 260543103 DOW 7,705 174 1,029,626 34,229 832 4,574,075
DU PONT EI DE NEMOURS & CO 263534109 DD 0 0 0 265 5 17,457
DUKE-WEEKS REALTY CORP 264411505 DRE 210 3 10,527 1,280 5 24,961
DUN & BRADSTREET CORP NEW 26483B106 DNB 0 0 0 935 7 27,583
E W SCRIPPS COMPANY NEW 811054204 SSP 0 0 0 44 1 1,972
EASTMAN KODAK CO 277461109 EK 0 0 0 180 5 11,926
EATON CORPORATION 278058102 ETN 210 3 15,252 0 0 0
EL PASO ENERGY CORP 283905107 EPG 180 3 7,043 555 7 21,541
ELI LILLY & CO 532457108 LLY 1,360 5 90,441 3,845 61 255,697
EMERSON ELECTRIC CO 291011104 EMR 0 0 0 511 7 29,319
ENRON CORP 293561106 ENE 530 3 23,519 0 0 0
EOG RESOURCES INC 26875P101 EOG 620 3 10,889 0 0 0
EQUITY RESIDENTAL PROP TR 29476L107 EQR 130 3 5,550 0 0 0
EVEREST REINSURANCE HLDGS INC 299808105 RE 180 3 4,017 0 0 0
EXXON MOBIL CORP 30231G102 XOM 1,635 5 131,720 5,133 63 413,527
</TABLE>
<PAGE> 5
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C>
FANNIE MAE 313586109 FNM 0 0 0 622 8 38,836
FEDERATED DEPT STRS INC DEL 31410H101 FD 180 3 7,369 331 4 16,735
FIRST DATA CORP 319963104 FDC 590 3 29,096 0 0 0
FIRST UNION CORP 337358105 FTU 310 3 10,211 1,342 15 44,203
FLEETBOSTON FINANCIAL CP 339030108 FBF 0 0 0 850 7 29,591
FORD MOTOR CO 345370100 F 0 0 0 530 9 28,258
FORT JAMES CORPORATION 347471104 FJ 0 0 0 950 7 26,008
FORTUNE BRANDS INC 349631101 FO 0 0 0 623 6 20,598
FRESENIUS MED CARE HLDGS PFD D 358030203 FSMEP 0 0 0 224 1 2
GANNETT COMPANY INC DE 364730101 GCI 150 3 4,491 95 2 7,748
GAP INC 364760108 GPS 3,090 5 142,140 8,902 60 409,492
GENERAL ELECTRIC CO 369604103 GE 12,555 179 1,942,930 51,782 898 8,013,500
GENERAL MILLS INC 370334104 GIS 18,187 174 650,209 78,407 839 2,803,176
GENERAL MOTORS CORP 370442105 GM 0 0 0 375 5 27,258
GENERAL MOTORS CORP H (NEW) 370442832 GMH 15,845 174 1,521,120 68,791 850 6,603,936
GEORGIA-PAC (GEORGIA PAC GP) 373298108 GP 0 0 0 320 3 16,241
GLAXO WELLCOME PLC ADS 37733W105 GLX 0 0 0 265 5 14,807
GTE CORP 362320103 GTE 0 0 0 745 12 52,570
H J HEINZ CO 423074103 HNZ 0 0 0 275 5 10,950
HALLIBURTON CO HLDG CO 406216101 HAL 31,342 178 1,261,559 129,900 896 5,228,684
HASBRO INC 418056107 HAS 0 0 0 77 1 1,458
HELLER FINANCIAL INC A 423328103 HF 0 0 0 77 1 1,545
HEWLETT PACKARD 428236103 HWP 550 1 26,091 229 6 26,050
HOME DEPOT INC 437076102 HD 19 1 1,306 75 2 5,157
HONEYWELL INTERNATIONAL INC 438516106 HON 0 0 0 377 7 21,750
ICN PHARMACEUTICALS INC NEW 448924100 ICN 210 3 8,532 1,035 5 26,199
IMC GLOBAL INC 449669100 IGL 0 0 0 72 1 1,179
INDYMAC MORTGAGE HLDGS INC 456607100 NDE 0 0 0 75 1 956
INFINITY BROADCASTING CP A NEW 45662S102 INF 5,432 6 196,574 16,259 71 588,377
INGERSOLL RAND 456866102 IR 0 0 0 351 5 19,327
INTEL CORP 458140100 INTC 9,675 173 796,357 39,235 867 3,229,478
INTERNATIONAL PAPER CO 460146103 IP 190 3 10,723 898 10 50,681
INTERPUBLIC GROUP OF COS INC 460690100 IPG 0 0 0 74 1 4,269
INTL BUSINESS MACHINES CORP 459200101 IBM 1,200 6 129,451 4,378 78 472,285
IPC HOLDINGS LTD G4933P101 IPCR 150 2 2,232 0 0 0
I2 TECHNOLOGIES INC 465754109 ITWO 90 3 17,550 0 0 0
JOHNSON & JOHNSON 478160104 JNJ 11,283 176 1,052,195 46,510 888 4,337,342
KIMBERLY CLARK CORP 494368103 KMB 240 3 15,705 535 7 35,009
KOHLS CORPORATION WISC 500255104 KSS 120 3 13,366 48 1 3,465
LAMAR ADVERTISING CO CL A 512815101 LAMR 0 0 0 10 2 606
LEAR CORP 521865105 LEA 0 0 0 74 1 2,368
LIMITED INC 532716107 LTD 0 0 0 320 2 13,860
LINCOLN NTL CORP IND 534187109 LNC 0 0 0 450 2 18,000
LOCKHEED MARTIN CORP 539830109 LMT 0 0 0 326 5 7,132
LOEWS CORP DELAWARE 540424108 LTR 0 0 0 350 5 21,241
LOWES COMPANIES INC 548661107 LOW 13,764 172 822,432 60,522 830 3,616,332
LUCENT TECHNOLOGIES 549463107 LU 2,211 6 165,825 6,877 71 515,775
MANDALAY RESORT GP 562567107 MBG 0 0 0 90 1 1,811
MASCO CORP 574599106 MAS 0 0 0 305 2 7,739
</TABLE>
<PAGE> 6
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C>
MAY DEPARTMENT STORES 577778103 MAY 0 0 0 1,428 12 46,054
MAYTAG CORP 578592107 MYG 0 0 0 75 1 3,600
MC DONALDS CORP 580135101 MCD 0 0 0 78 1 3,144
MC GRAW HILL COS INC 580645109 MHP 300 3 18,489 730 7 44,988
MCI WORLDCOM INC 55268B106 WCOM 28,526 178 1,513,675 117,065 896 6,211,839
MEDIAONE GROUP INC 58440J104 UMG 0 0 0 398 5 30,571
MEDTRONIC INC 585055106 MDT 0 0 0 76 1 2,769
MELLON FINCL CORP 58551A108 MEL 33,094 175 1,127,285 142,209 842 4,844,070
MERCK & CO 589331107 MRK 6,485 90 435,719 26,526 427 1,782,280
MERRILL LYNCH & CO INC 590188108 MER 0 0 0 449 5 37,407
MICROSOFT CORP 594918104 MSFT 18,821 178 2,197,394 78,367 895 9,149,596
MINNESOTA MINING & MFG CO 604059105 MMM 0 0 0 515 13 50,406
MORGAN STNLY DEAN WITTER & CO 617446448 MWD 13,390 173 1,911,459 57,000 839 8,136,925
MOTOROLA INC 620076109 MOT 14,495 181 2,134,417 59,121 895 8,705,709
MSDW PACIFIC GROWTH C 616951307 TGRCX 0 0 0 384 1 6,678
NABISCO GROUP HOLDINGS 62952P102 NGH 420 3 10,579 138 1 1,466
NEW PERSPECTIVE FUND INC 648018109 ANWPX 460 3 14,232 1 1 29
NEWELL RUBBERMAID INC 651229106 NWL 340 3 9,860 0 0 0
NEXTEL COMMUNICATIONS INC CL A 65332V103 NXTL 15,220 178 1,569,569 62,399 893 6,434,940
NISOURCE INC 65473P105 NI 5 1 89 0 0 0
NOKIA CP ADR 654902204 NOK 13,095 178 2,501,994 54,277 893 10,370,446
NORDSTROM INC 655664100 JWN 0 0 0 165 2 4,341
NORTEL NETWORKS CORP ADR 656569100 NT 17,445 173 1,761,945 73,830 827 7,456,830
NTL INCORPORATED 629407107 NTLI 0 0 0 63 1 7,859
OCEAN ENERGY INC NEW 6.75E+110 OEI 120 2 4,133 152 1 1,178
PALL CORPORATION 696429307 PLL 0 0 0 645 5 13,907
PENNEY J C CO 708160106 JCP 480 3 24,630 353 4 7,038
PFIZER INC 717081103 PFE 0 0 0 585 2 18,976
PHARMACIA UPJOHN INC 716941109 PNU 0 0 0 362 6 16,290
PHILIP MORRIS CO INC 718154107 MO 0 0 0 733 5 16,859
PITNEY BOWES INC 724479100 PBI 0 0 0 433 4 20,919
PNC BANK CORPORATION 693475105 PNC 0 0 0 260 5 11,571
PPG INDUSTRIES INC 693506107 PPG 0 0 0 440 7 27,528
PRAXAIR INC 74005P104 PX 0 0 0 551 7 27,723
PROCTER & GAMBLE 742718109 PG 9,058 175 992,434 38,278 830 4,193,899
PROVIDIAN FINCL CORP 74406A102 PVN 480 3 9,240 77 2 7,012
QUALCOMM INC 747525103 QCOM 12 1 2,114 0 0 0
QUANTUM CORP DSSG COM 747906204 DSS 510 3 7,715 76 1 1,150
QUANTUM CORP HDDG COM 747906303 HDD 0 0 0 216 1 1,499
RADIAN GROUP INC 750236101 RDN 73 2 3,486 0 0 0
RELIASTAR FINCL CORP 75952U103 RLR 280 3 10,973 0 0 0
ROHM & HAAS 775371107 ROH 1,170 3 16,674 110 2 4,476
ROYAL DUTCH PETE NY 1.25 GU 780257804 RD 0 0 0 270 2 16,352
SARA LEE CORP 803111103 SLE 440 3 11,385 1,090 7 24,049
SBC COMMUNICATIONS 78387G103 SBC 320 3 15,601 1,122 9 54,699
SCHLUMBERGER LTD 806857108 SLB 0 0 0 240 5 13,469
SHARED MEDICAL SYSTEMS CORP 819486101 SMS 370 3 17,228 555 5 28,271
SMURFIT STONE CONTAINER CP NEW 832727101 SSCC 0 0 0 53 1 1,299
SONY CORP ADR 1974 NEW 835699307 SNE 0 0 0 18 1 5,126
</TABLE>
<PAGE> 7
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C>
SOUTHWEST AIRLINES 844741108 LUV 880 3 14,190 0 0 0
ST PAUL COMPANIES INC NO PAR 792860108 SPC 130 3 4,737 255 2 8,590
STAPLES INC 855030102 SPLS 0 0 0 10 2 208
STMICROELECTRONICS NV 861012102 STM 14,970 176 2,267,035 62,047 824 9,396,331
SUMMIT BANCORP NJ 866005101 SUB 0 0 0 400 5 12,251
SUN MICROSYSTEMS INC 866810104 SUNW 19,557 178 1,514,449 87,737 895 6,794,180
SUNCOR ENERGY INC 867229106 867229 370 3 15,449 0 2 0
TANDY CORP 875382103 TAN 130 2 6,394 1,085 16 53,366
TELEFONICA DE ARGENTINA SA ADR 879378206 TAR 0 0 0 555 5 17,136
TELEPHONE & DATA SYSTEMS INC 879433100 TDS 0 0 0 57 1 7,182
TENET HEALTHCARE CORP 88033G100 THC 0 0 0 1,180 6 27,731
TEXACO INC 881694103 TX 17,349 172 942,298 73,305 834 3,981,545
TEXAS INSTRUMENTS 882508104 TXN 1,030 5 99,524 4,139 70 399,946
TEXTRON INC 883203101 TXT 0 0 0 283 4 21,703
THE HARTFORD FIN SERS GRP INC 416515104 HIG 0 0 0 382 5 18,097
THOMAS & BETTS CORP 884315102 TNB 0 0 0 295 5 9,405
TIME WARNER INC 887315109 TWX 0 0 0 253 4 18,295
TJX COS INC NEW 872540109 TJX 180 2 3,679 770 10 15,737
TORCHMARK CORP 891027104 TMK 0 0 0 68 1 1,976
TOSCO CORP NEW 891490302 TOS 0 0 0 86 1 2,338
TOTAL FINA SA ADS 8.92E+113 TOT 0 0 0 86 2 5,956
TRANSOCEAN SEDCO FOREX G90078109 RIG 400 3 11,200 207 4 6,974
TYCO INTERNATIONAL LTD NEW 902124106 TYC 0 0 0 910 9 35,490
UNILEVER NV NY SH NEW 904784709 UN 0 0 0 98 3 5,335
UNION PACIFIC RESOURCES GROUP 907834105 UPR 0 0 0 687 4 8,759
UNITED PARCEL SERVICE INC CL-B 911312106 UPS 140 3 9,660 0 0 0
UNITED TECHNOLOGIES CORP 913017109 UTX 60 1 3,900 564 12 36,660
UNOCAL CORP 915289102 UCL 0 0 0 420 5 14,096
UNUMPROVIDENT CORP 91529Y106 UNM 159 3 5,098 321 5 10,292
US TSY BOND 6.000 2-15- 912810EW4 0 0 0 17,000 1 15,550
US TSY BOND 7 1/4 5-15- 912810DW5 0 0 0 9,000 1 9,408
US TSY NOTE 6 1/2 5-15- 912827T85 0 0 0 15,000 1 15,005
US TSY NOTE 6.000 8-15- 9128273D2 0 0 0 12,000 1 12,011
USX MARATHON GP 902905827 MRO 0 0 0 787 8 19,429
VALASSIS COMMUNICATIONS INC 918866104 VCI 355 3 14,999 0 0 0
VASTAR RESOURCES 922380100 VRI 290 3 17,110 0 0 0
WAL MART STORES INC 931142103 WMT 19,627 178 1,356,729 77,938 888 5,387,500
WALGREEN CO 931422109 WAG 0 0 0 206 1 6,026
WASHINGTON MUTUAL INC 939322103 WM 0 0 0 192 2 4,968
WASTE MGMT INC (DELA) 94106L109 WMI 0 0 0 63 2 1,083
WELLPOINT HLTH NET INC NEW 94973H108 WLP 30 1 1,978 230 8 15,166
WELLS FARGO & CO NEW 949746101 WFC 0 0 0 1,273 11 51,476
WEYERHAEUSER CO 962166104 WY 190 3 13,645 270 5 19,390
WILLIAMS CO INC 969457100 WMB 0 0 0 709 7 21,670
XEROX CORP 984121103 XRX 390 3 8,848 856 8 19,422
XL CAPITAL LTD CL A G98255105 XL 0 0 0 3 1 156
YORK INTL CP NEW 986670107 YRK 0 0 0 44 1 1,207
ZEBRA TECH CORP CL B 989207204 ZBRB 0 0 0 120 1 3,990
</TABLE>
<PAGE> 8
Seneca Capital Management LLC
STOCK PORTFOLIO
GE Investments Real Estate Securities Funds, Inc.
December 31, 1999
<TABLE>
<CAPTION>
Unit Total Market Pct. Cur.
Quantity Security Cost Cost Price Value Assets Yield
- ----------- -------- ---- ------------ -------- ----------- ------ -----
SPECIAL
SITUATIONS
- ----------
<S> <C> <C> <C> <C> <C> <C> <C>
95597 Archstone Communities Trust 22.14 2116829.77 20.5 1959738.5 5.1 7.5
31000 Arden Realty Group Inc. 28.67 888785 20.06 621937.5 1.6 8.9
49660 Avalon Bay Communities, Inc. 33.61 1668962.5 34.62 1719482 4.5 6
68500 Bedford Property Investors 18.44 1262887.5 17.06 1168781.25 3 9.8
46500 Chateau Properties Inc. 29.38 1366066.25 25.94 1206093.75 3.1 7.5
600 Chicago Title Corp 44.06 26436 46.25 27750 0.1 3.1
129000 Cornerstone Properties 16.82 2169683.6 14.62 1886625 4.9 8.2
44400 Countrywide Credit Inds Inc 28.81 1278943.3 25.25 1121100 2.9 1.6
74300 Developers Div Rlty 15.98 1187629.25 12.87 956612.5 2.5 10.9
70000 Duke Realty 24.16 1691076 19.5 1365000 3.5 8
88200 Equity Office Properties 27.88 2458724 24.62 2171925 5.6 6.8
51600 Equity Residential Properties 43.71 2255482.04 42.69 2202675 5.7 7.1
74550 Essex Property Trust Inc. 31.2 2326253.95 34 2534700 6.6 6.5
47600 First Industrial Realty Trust 24.97 1188733.3 27.44 1306025 3.4 9
15500 Freddie Mac 48.01 744086.6 47.06 729468.75 1.9 1.3
10000 General Growth Properties 33.5 334975 28 280000 0.7 7.3
88050 Glenborough Realty Trust Pf. A 20.57 1810869.5 13.94 1227196.87 3.2 13.8
63500 Macerich Co 26.35 1673180.03 20.81 1321593.75 3.4 9.8
51600 Mack-Cali Realty Corp. 29.49 1521721 26.06 1344825 3.5 8.9
73500 Manufactured Home Communities Inc. 19.99 1469059.25 24.31 1786968.75 4.6 6.4
105000 Northstar Financial 16.16 1696875 14.5 1522500 4 0
47380 Pacific Gulf PPTY 18.88 894563.6 20.25 959445 2.5 8.7
64000 Prentiss Properties Trust 24.36 1558805 21.37 1368000 3.6 8.2
33500 Reckson Associates Preferred A 24.36 816126.05 19.87 665812.5 1.7 9.6
65200 Simon Property Group, Inc. 27.31 1780348.29 22.94 1495525 3.9 8.8
66000 Spieker Properities Inc. 35.81 2363398 36.44 2404875 6.3 6.7
31510 Starwood Financial Inc 28.82 907965.2 16.87 531731.25 1.4 13.5
49200 Starwood Hotels & Resorts Worldwide Inc. 51.84 2550715.8 23.5 1156200 3 2.6
52900 Urban Shopping Centers, Inc. 27.28 1442932.1 27.12 1434912.5 3.7 8.3
------------ ------------ ----- -----
43452112.88 38477499.88 100 7.3
------------ ------------ ----- -----
TOTAL PORTFOLIO 43452112.88 38477499.88 100 7.3
============ ============ ===== =====
</TABLE>
<PAGE> 9
<TABLE>
<CAPTION>
FAIR
MARKET (A) (B) SHARED (A)
SECURITY CUSIP VALUE SHARES SOLE SHARED OTHER MANAGERS SOLE (B)
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AMFM Inc. 1693100 2,274 29,055 X 1,2 29,055
AT&T Corp. 1957109 299 5,889 X 1,2 5,889
Adelphia Communications 6848105 1,384 21,084 X 1,2 21,084
American INTL Group Inc. 26874107 537 4,965 X 1,2 4,965
American Tower Corp. CL A 29912201 1,496 48,940 X 1,2 48,940
Anheuser Busch Cos Inc. 35229103 325 4,585 X 1,2 4,585
Applied Micro Circuits Corp. 3822W109 2,001 15,725 X 1,2 15,725
Automatic Data Processing Inc. 53015103 429 7,955 X 1,2 7,955
Bristol-Myers Squibb Co 110122108 402 6,265 X 1,2 6,265
Charter Communications Inc. Del CL A 16117M107 269 12,310 X 1,2 12,310
Chartered Semiconductors 16133R106 1,602 21,940 X 1,2 21,940
Cisco Systems Inc. 17275R102 831 7,775 X 1,2 7,755
Citigroup Inc. 172967101 541 9,715 X 1,2 9,715
Colgate Palmolive Co 194162103 477 7,335 X 1,2 7,335
Comerica Inc. 200340107 1,026 21,975 X 1,2 21,975
Comverse Technology Inc. Com Par $0.10 205862402 1,640 11,332 X 1,2 11,332
Concord EFS Inc. 206197105 613 23,786 X 1,2 23,786
Consolidated Papers Inc. 209759109 1,288 40,495 X 1,2 40,495
Convergys Corp. 212485106 1,313 42,691 X 1,2 42,691
Copper MTN Networks Inc. 217510106 1,046 21,455 X 1,2 21,455
Crown Castle INTL Corp. 228227104 1,387 43,160 X 1,2 43,160
Dell Computer Corp. 247025109 374 7,335 X 1,2 7,335
E-Tek Dynamics Inc. 269240107 2,052 15,240 X 1,2 15,240
Echostar Communications Corp. New CL A 278762109 1,666 17,090 X 1,2 17,090
Exodus Communications 302088109 1,601 18,030 X 1,2 18,030
Extreme Networks Inc. 30226D106 1,521 18,215 X 1,2 18,215
Exxon Mobil Corp. (New) 30231G102 481 5,966 X 1,2 5,966
Fairchild Semiconductor 303726103 1,340 45,040 X 1,2 45,040
Gap Inc. 364760108 547 11,882 X 1,2 11,882
General Electric Co. 369604103 609 3,935 X 1,2 3,935
General Motors Corp Cl H (New) 370442832 561 5,840 X 1,2 5,840
Halliburton Co (Holding Co) 406216101 360 8,950 X 1,2 8,950
Infinity Broadcasting 45662S102 756 20,887 X 1,2 20,887
Intel Corp 458140100 556 6,750 X 1,2 6,750
</TABLE>
<PAGE> 10
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
International Business Machine 459200101 452 4,190 X 1,2 4,190
Johnson & Johnson 478160104 475 5,090 X 1,2 5,090
KLA Tencor Corp 482480100 2,097 18,825 X 1,2 18,825
LSI Logic Corp 502161102 1,763 26,123 X 1,2 26,123
Lilly Eli & Company 532457108 282 4,235 X 1,2 4,235
Lucent Technologies Inc. 549463107 586 7,815 X 1,2 7,815
MCI WorldCom Inc. 55268B106 590 11,122 X 1,2 11,122
MGIC Investment Corp 552848103 1,254 20,840 X 1,2 20,840
Medimmune Inc. 584699102 2,057 12,402 X 1,2 12,402
Microsoft Corp. 594918104 860 7,365 X 1,2 7,365
Motorola Inc. 620076109 792 5,380 X 1,2 5,380
NDS Group PLC ADS 628891103 1,202 39,415 X 1,2 39,415
Nabors Industries Inc. 629568106 1,879 60,741 X 1,2 60,741
Nextel Communications Inc. CL A 65332V103 525 5,095 X 1,2 5,095
Nokia Corp Sponsored ADR 654902204 759 3,975 X 1,2 3,975
PMC-Sierra Inc. 69344F106 2,510 15,660 X 1,2 15,660
SDL Inc. 784076101 1,875 8,600 X 1,2 8,600
SPX Corp 784635104 1,466 18,138 X 1,2 18,138
Schwab Charles Corp 808513105 640 16,735 X 1,2 16,735
Scientific Atlanta Inc. 808655104 1,121 20,065 X 1,2 20,065
Smurfit Stone Container Corp. 832727101 1,218 49,695 X 1,2 49,695
Sun Microsystems Inc. 866810104 1,091 14,085 X 1,2 14,085
UnionBancal Corp 908906100 1,674 42,435 X 1,2 42,435
Universal Electronics Inc. 913483103 1,041 22,625 X 1,2 22,625
Veritas Software Corp 923436109 2,209 15,436 X 1,2 15,436
Vignette Corp 926734104 1,306 8,011 X 1,2 8,011
Wal Mart Stores Inc. 931142103 802 11,600 X 1,2 11,600
Weatherford INTL Inc. 947074100 1,954 48,930 X 1,2 48,930
Xilinx Inc. 983919101 1,495 32,880 X 1,2 32,880
</TABLE>
<PAGE> 11
Seneca Capital Management LLC
FORM 13F
4Q Filing
December 31, 1999
<TABLE>
<CAPTION>
Investment Voting
Title Discretion Authority
of ----------- ---------
Security Class CUSIP Market Value Quantity Sole Share Other Managers Sole Share None
- -------- ----- --------- ------------ -------- ---- ----- ----- -------- ---- ----- ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
COMMON STOCK
- ------------
A T & T Corp COM 001957109 1128393.19 22207 2 22207
AMFM Inc COM 001693100 201440070.5 2574314 2 2574314
Actuate Software Corp COM 00508B102 518787.5 12100 2 12100
Adaptec Inc COM 00651F108 773062.5 15500 2 15500
Adelphia Communications Cl A COM 006848105 60966937.5 929020 2 929020
Agile Software Corp COM 00846X105 21723437.5 100000 2 100000
Agilent Technologies Inc COM 00846U101 52228459.37 675550 2 675550
Alcoa Inc COM 013817101 62164510 748970 2 748970
Alpha Inds Inc COM 020753109 378262.5 6600 2 6600
Altera Corp COM 021441100 5243712.5 105800 2 105800
America Online COM 02364J104 1083495 14280 2 14280
American Express Co COM 025816109 995837.5 5990 2 5990
American International Group COM 026874107 18086257.97 167272 2 167272
American Tower Corp Cl A COM 029912201 72027255 2356720 2 2356720
Analog Devices COM 032654105 13950000 150000 2 150000
Anheuser Busch Cos Inc. COM 035229103 11737325.25 165606 2 165606
Applied Materials Inc COM 038222105 27459515.62 216750 2 216750
Applied Micro Circuits Corp COM 03822W109 76017877.5 597390 2 597390
Automatic Data Processing COM 053015103 14362266.87 266585 2 266585
Avery Dennison Corp COM 053611109 6070487.5 83300 2 83300
Bank America Corp COM 06605f102 1441184.25 28716 2 28716
Bell Atlantic Corp COM 077853109 70522306.25 1145540 2 1145540
BellSouth Corp COM 079860102 908162.5 19400 2 19400
Brightpoint Inc COM 109473108 549937.5 41900 2 41900
Bristol Myers Squibb Co COM 110122108 77490359.37 1207250 2 1207250
C.R. Bard Inc COM 067383109 4743500 89500 2 89500
CAl Dive International COM 127914109 384250 11600 2 11600
Cacheflow Inc COM 126946102 3218833.12 24630 2 24630
------------
Page Total 807614484.3
</TABLE>
<PAGE> 12
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Charles Schwab Corp New COM 808513105 17999149.5 470566 2 470566
Charming Shoppes Inc COM 161133103 457125 69000 2 69000
Charter Communications Inc -A COM 16117M107 54882843.75 2508930 2 2508930
Chartered Semiconductor-ADR COM 16133R106 32003200 438400 2 438400
Chase Manhattan Corp New COM 16161A108 621500 8000 2 8000
Chruch & Dwight Co. Inc COM 171340102 424331.25 15900 2 15900
Cisco Systems Inc COM 17275R102 114408000.3 1067986 2 1067986
Citigroup Inc COM 172967101 128132816.6 2300926 2 2300926
Clorox Co COM 189054109 49110587.5 974900 2 974900
Coca Cola Co COM 191216100 250475 4300 2 4300
Colgate-Palmolive Co COM 194162103 17709120 272448 2 272448
Comerica Inc COM 200340107 47019915 1007120 2 1007120
Comverse Technology Inc COM 205862402 78859800 544800 2 544800
Concord EFS Inc COM 206197105 33678038.75 1307885 2 1307885
Consolidated Papers Inc COM 209759109 8080375 254000 2 254000
Convergys Corp COM 212485106 42986962.5 1397950 2 1397950
Copper Mountain Networks Inc COM 217510106 60536775 1241780 2 1241780
Corning Inc COM 219350105 16761875 130000 2 130000
Credence Systems Corp COM 225302108 856350 9900 2 9900
Creo Products Inc COM 225606102 518906.25 13500 2 13500
Crown Castle Int'l Corp COM 228227104 67260915.62 2093725 2 2093725
Cumulus Media Inc - CL A COM 231082108 9013200 177600 2 177600
Dell Computer Corp COM 247025109 375360 7360 2 7360
Diversinet Corp COM 25536K204 440000 20000 2 20000
Donaldson Lufkin & Jenrette COM 257661108 603236.25 12470 2 12470
Dow Chemical Co COM 260543103 82955736.25 620810 2 620810
Dril-Quip Inc COM 262037104 425250 14000 2 14000
E M C Corp Mass COM 268648102 2638387.5 24150 2 24150
E-Tek Dynamics Inc. COM 269240107 68462197.5 508540 2 508540
Echostar Communications Inc COM 278762109 99260850 1018060 2 1018060
El Paso Energy Corp COM 283905107 3204360 82560 2 82560
------------
Page Total 1039937640
</TABLE>
<PAGE> 13
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Electro Scientific Inds Inc COM 285229100 576700 7900 2 7900
Emerson Electric Co COM 291011104 5885527.5 102580 2 102580
Enron Corp COM 293561106 3893906.25 87750 2 87750
Ethan Allen Interior Inc COM 297602104 8281743.75 258300 2 258300
Exodus Communications Inc COM 302088109 1870391.25 21060 2 21060
Extreme Networks Inc COM 30226D106 96067585 1150510 2 1150510
Exxon Mobil Corp COM 30231G102 18885139.04 234416 2 234416
Farichild Semicon Intl CL A COM 303726103 44550922.5 1497510 2 1497510
First Health Group Corp COM 320960107 510625 19000 2 19000
Flextronics International Ltd COM Y2573F102 12425290 270115 2 270115
Gap Inc COM 364760108 16842233 366135 2 366135
Gemstar Intl Group Ltd COM G3788V106 15853125 222500 2 222500
General Electric Co COM 369604103 121951666 788056 2 788056
General Mills Inc COM 370334104 35865830 1003240 2 1003240
General Motors Corp Class H COM 370442832 131806560 1372985 2 1372985
Gillette Co COM 375766102 206967.19 5025 2 5025
Grupo Indus Durango - Spon ADR COM 40048E109 1527125 128600 2 128600
Guess? Inc COM 401617105 435000 20000 2 20000
Halliburton Company COM 406216101 96077112.25 2387009 2 2387009
Home Depot Inc COM 437076102 5156250 75000 2 75000
Infinity Broadcasting Corp - Cl A COM 45662S102 93135289.27 2573687 2 2573687
Intel Corp COM 458140100 82243357.5 999160 2 999160
Interlink Electronics Inc COM 458751104 1116250 19000 2 19000
International Business Machines COM 459200101 18398728.5 170556 2 170556
Intertan Inc COM 461120107 483312.5 18500 2 18500
JDS Uniphase Corp COM 46612J101 6207305 38480 2 38480
Johnson & Johnson COM 478160104 78672227.5 843670 2 843670
KLA-Tencor Corporation COM 482480100 107818796.3 968070 2 968070
LSI Logic Corp COM 502161102 102070125 1512150 2 1512150
LTX Corp COM 502392103 653350 29200 2 29200
Lam Research COM 512807108 16734375 150000 2 150000
------------
Page Total 1126202815
</TABLE>
<PAGE> 14
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Legato Systems Inc COM 524651106 14313000 208000 2 208000
Liberate Technologies Inc COM 530129105 4626000 18000 2 18000
Lilly (Eli) & Co COM 532457108 14590698.5 219409 2 219409
Limited Inc COM 532716107 8116762.5 187400 2 187400
Linens N Things Inc COM 535679104 7542525 254600 2 254600
Liquid Audio Inc COM 53631T102 262500 10000 2 10000
Lowe's Cos Inc COM 548661107 60695842.5 1015830 2 1015830
Lucent Technologies Inc COM 549463107 27079650 361062 2 361062
MCI WorldCom Inc COM 55268B106 110120898.1 2075305 2 2075305
MGIC Investment Corp COM 552848103 59477889.37 988210 2 988210
Mead Corp COM 582834107 43921393.75 1011140 2 1011140
Medimmune Inc COM 584699102 102263596.3 616510 2 616510
Mellon Financial Corp COM 58551A108 67314653.12 1976210 2 1976210
Merck & Co COM 589331107 63476062.5 944760 2 944760
Mercury Interactive Corp COM 589405109 9530881.25 88300 2 88300
Mettler-Toledo Intl Inc COM 592688105 1298375 34000 2 34000
Micron Technolgy Inc COM 595112103 791495 10180 2 10180
Microsoft Corp COM 594918104 158902704.3 1361051 2 1361051
Millipore Corp COM 601073109 8014687.5 207500 2 207500
Miravant Medical Technology COM 604690107 93125 10000 2 10000
Morgan Stanley Dean Witter & Co COM 617446448 128613467.5 900970 2 900970
Motorola Inc COM 620076109 161305601.5 1095454 2 1095454
NDS Group Plc-Spons ADR COM 628891103 27769945 910490 2 910490
Nabors Industries COM 629568106 76997868.75 2488820 2 2488820
Nextel Communications Inc Cl A COM 65332V103 118890750 1152880 2 1152880
Nokia Corp - Spon ADR COM 654902204 187333724.3 980484 2 980484
Nordstrom Inc COM 655664100 776218.75 29500 2 29500
Nortel Networks Corp COM 656569100 138484130 1371130 2 1371130
PMC-Sierra Inc COM 69344F106 104700093.8 653100 2 653100
Pope & Talbot Inc COM 732827100 506400 31650 2 31650
Powertel Inc COM 73936C109 6173062.5 61500 2 61500
------------
Page Total 1713984002
</TABLE>
<PAGE> 15
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Powerwave Technologies Inc COM 739363109 478675 8200 2 8200
Procter & Gamble Co COM 742718109 60722276.56 554225 2 554225
QRS Corp COM 74726X105 787500 7500 2 7500
Qualcomm Inc COM 747525103 1542855 8760 2 8760
RF Micro Devices Inc COM 749941100 6882075 100560 2 100560
Radio Unica Communications COM 75040Q106 5197500 180000 2 180000
Redback Networks Inc. COM 757209101 9318750 52500 2 52500
SDL Inc COM 784076101 85307760 391320 2 391320
SPX Corp COM 784635104 60564120 749440 2 749440
STMicroelectronics NV COM 861012102 112243960.6 741190 2 741190
Schlumberger LTD COM 806857108 2921867.5 52060 2 52060
Scientific-Atlanta Inc COM 808655104 44569811.25 797670 2 797670
Smurfit-Stone Container Corp COM 832727101 48872110 1994780 2 1994780
Source Information MGMT Co COM 836151209 385250 23000 2 23000
Spanish Broadcasting Sys CLA COM 846425882 6762000 168000 2 168000
Sprint Corp (PCS Group) COM 852061506 15375000 150000 2 150000
Sun Microsystems Inc COM 866810104 147635523 1906512 2 1906512
Tandy Corp COM 875382103 2428386.87 49370 2 49370
Telecorp PCS Inc COM 879299105 1512400 39800 2 39800
Teradyne Inc COM 880770102 33488400 507400 2 507400
Texaco Inc COM 881694103 63116013.12 1162090 2 1162090
Texas Instruments Inc COM 882508104 34513773.62 357193 2 357193
The PMI Group Inc COM 69344M101 463718.75 9500 2 9500
Thomas and Betts Corp COM 884315102 2324006.25 72910 2 72910
Tritel Inc COM 89675X104 2362620 74560 2 74560
UTI Energy COM 903387108 546581.25 23700 2 23700
Unionbancal Corporation COM 908906100 65723776.87 1666530 2 1666530
UnitedGlobalCom Inc COM 913247508 10593750 150000 2 150000
Universal Electronics Inc. COM 913483103 20882620 453970 2 453970
Valassis Communications Inc COM 918866104 760500 18000 2 18000
Veritas Software Corp COM 923436109 91995025 642760 2 642760
------------
Page Total 940278605.7
</TABLE>
<PAGE> 16
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Vignette Corporation COM 926734104 41573150 255050 2 255050
Vishay Intertechnology Inc COM 928298108 806437.5 25500 2 25500
Walmart Stores Inc COM 931142103 95285909.25 1378458 2 1378458
Weatherford International COM 947074100 79139351.25 1981580 2 1981580
William Sonoma COM 969904101 805000 17500 2 17500
Xilinx Inc COM 983919101 83974415.62 1846860 2 1846860
Zoran Corp COM 98975F101 641125 11500 2 11500
------------
5930242935
PREFERRED STOCK - EQUITY
- ------------------------
Equity Residential cv7 1/4 Series G 29476l859 197500 10000 2 10000
------------
197500
------------
GRAND TOTAL 5930440435
============
------------
Page Total 302422888.6
</TABLE>