UNITED STATES
SECURTIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
Form 13F COVER PAGE
Report for the Calendar Year or
Quarter Ended December 31, 1999
Check here if Amendment [ ] ; Amendment Number: ____
This Amendment (Check only one): [ ] is a restatement
[ ] adds new holdings entries
Institutional Investment Manager Filing this Report:
NewSouth Capital Management, Inc.
1000 Ridgeway Loop Road, Suite 233, Memphis, TN 38120-4023
13F File Number: 28-1652
The institutional investment manager submitting 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: David M. Newman
Title: Vice President
Phone: (901) 761-5561
Signature, Place, and Date of Signing:
_____________________________ Memphis, TN _____________
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).)
The Managers identified on following Summary Page are accounts placed with
us through the Salomon Smith Barney Fiduciary Services Program, Morgan Keegan
Preferred Managers Program and Lockwood Financial Services, Inc. Although
discretionary responsibility for the accounts is with us, Salomon Smith
Barney, Morgan Keegan and Lockwood Financial Services, Inc. retain the
responsibility for reporting these securities on their 13F if the size of a
particular holding triggers 13F filing requirements.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 3
Form 13F Information Table Entry Total: 180
Form 13F Information Table Value Total: $1,545,418,000
List of Other Included Managers:
No. 13F File Number Name
1 Salomon Smith Barney Fiduciary Services Program
2 Morgan Keegan Preferred Managers Program
3 Lockwood Financial Services, Inc.
<TABLE>
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AMR Corp. COM 001765106 2819 42080 SH SOLE 42080
Alberto Culver Class A COM 013068200 32086 1475210 SH SOLE 1460210 15000
1943 89332 SH OTHER 03 02 01 89332
Albertsons, Inc. COM 013104104 3322 103012 SH SOLE 103012
Alltel Corp. COM 020039103 32434 392242 SH SOLE 385742 6500
2488 30085 SH OTHER 02 01 30085
Amsouth Bancorporation COM 032165102 1433 74181 SH SOLE 74181
Arrow Electronics COM 042735100 32417 1277520 SH SOLE 1257520 20000
3237 127573 SH OTHER 03 02 01 127573
Astec Industries Inc COM 046224101 13282 706000 SH SOLE 706000
AutoZone, Inc. COM 053332102 31912 987605 SH SOLE 970105 17500
2953 91374 SH OTHER 03 02 01 91374
Avnet Inc. COM 053807103 22426 370685 SH SOLE 364185 6500
2933 48486 SH OTHER 03 02 01 48486
BJ's Wholesale Club, Inc. COM 05548J106 27962 766070 SH SOLE 766070
BP Amoco PLC COM 055622104 280 4716 SH SOLE 4716
Bank of America Corp COM 060505104 229 4564 SH SOLE 4564
Berkley (W.R.) Corp COM 084423102 1100 52700 SH SOLE 52700
525 25135 SH OTHER 01 25135
Black & Decker COM 091797100 1212 23200 SH SOLE 23200
Boyd Gaming Corp. COM 103304101 232 40000 SH SOLE 40000
Bristol Myers COM 110122108 655 10200 SH SOLE 10200
Buckeye Partners L.P. * COM 118230101 312 12000 SH SOLE 12000
Buckeye Technologies Corp. COM 118255108 64132 4311397 SH SOLE 4271397 40000
3354 225474 SH OTHER 03 02 01 225474
Burlington Northern Santa Fe C COM 12189T104 3137 129372 SH SOLE 129372
CPI Corp. COM 125902106 31006 1374215 SH SOLE 1356715 17500
2007 88959 SH OTHER 03 02 01 88959
CSX Corp. COM 126408103 3259 103880 SH SOLE 103880
CVS Corp. COM 126650100 3651 91550 SH SOLE 91550
Cabot Oil & Gas Cl A COM 127097103 31797 1979595 SH SOLE 1959595 20000
2274 141585 SH OTHER 03 02 01 141585
Callon Petroleum Corp COM 13123X102 11066 747100 SH SOLE 747100
20 1325 SH OTHER 02 1325
Capital Automotive REIT* COM 139733109 25658 2105270 SH SOLE 2105270
612 50225 SH OTHER 02 50225
Cedar Fair, L.P. * COM 150185106 13315 687250 SH SOLE 687250
250 12920 SH OTHER 02 01 12920
Cendant Corp. COM 151313103 5687 214100 SH SOLE 214100
Circuit City Group COM 172737108 1532 34000 SH SOLE 34000
Citigroup Inc. COM 172967101 676 12141 SH SOLE 12141
Citizens Utilities Co. COM 177342201 33097 2332830 SH SOLE 2307830 25000
2331 164325 SH OTHER 03 02 01 164325
Coca Cola Company COM 191216100 475 8160 SH SOLE 8160
Colgate-Palmolive COM 194162103 1573 24200 SH SOLE 24200
Columbia Energy Group COM 197648108 285 4500 SH SOLE 4500
Conseco Inc COM 208464107 24396 1369579 SH SOLE 1349579 20000
1822 102313 SH OTHER 03 02 01 102313
Consolidated Stores Corp COM 210149100 35854 2206396 SH SOLE 2176396 30000
1840 113244 SH OTHER 03 02 01 113244
Costco Wholesale Corp. COM 22160K105 5356 58700 SH SOLE 58700
Dayton Hudson COM 239753106 6731 91650 SH SOLE 91650
Delta Airlines COM 247361108 978 19625 SH SOLE 19625
Discount Auto Parts Inc COM 254642101 22586 1250425 SH SOLE 1250425
54 3000 SH OTHER 02 3000
Dollar Gen Corp Com COM 256669102 1478 64961 SH SOLE 64961
East West Bancorp Inc. COM 27579R104 1636 143000 SH SOLE 143000
Equity Income Fund AT&T COM 294700703 281 1384 SH SOLE 1384
Excel Legacy Corp* COM 300665106 12884 3889450 SH SOLE 3889450
3 960 SH OTHER 02 01 960
Exxon Mobil Corp COM 30231G102 332 4124 SH SOLE 4124
FDX Corp. COM 31304N107 3398 83015 SH SOLE 83015
Federal National Mortgage Asso COM 313586109 323 5180 SH SOLE 5180
Federated Dept. Stores, Inc. COM 31410H101 3010 59525 SH SOLE 59525
Ferrellgas Partners LP * COM 315293100 764 60550 SH SOLE 60550
First Cash Finl Svcs, Inc. COM 31942D107 941 114054 SH SOLE 114054
First Tennessee Natl. Corp. COM 337162101 1751 61425 SH SOLE 61425
Ford Motor COM 345370100 10746 201570 SH SOLE 201570
Freddie Mac COM 313400301 1898 40325 SH SOLE 40325
232 4925 SH OTHER 01 4925
Gap, Inc. COM 364760108 11364 247049 SH SOLE 247049
General Electric COM 369604103 371 2400 SH SOLE 2400
General Motors COM 370442105 18479 254220 SH SOLE 254220
Grove Property Trust* COM 399613108 2454 185200 SH SOLE 185200
Gulf Island Fabrication Inc COM 402307102 5319 567350 SH SOLE 567350
5 500 SH OTHER 01 500
Hallwood Energy Corp. COM 40636X105 4824 1102609 SH SOLE 1102609
Hallwood Group Inc Com Par $0. COM 406364406 561 46050 SH SOLE 46050
Hanna M A Co. COM 410522106 22383 2046420 SH SOLE 2021420 25000
1051 96105 SH OTHER 03 02 01 96105
Hilton Hotels COM 432848109 96 10045 SH SOLE 10045
Home Depot, Inc. COM 437076102 45785 665961 SH SOLE 665961
Horace Mann Educators Corp New COM 440327104 13349 680225 SH SOLE 680225
31 1600 SH OTHER 02 1600
Independent Energy Hld Sponsor COM 45384x108 633 19000 SH SOLE 19000
Interim Services Inc COM 45868P100 26827 1083919 SH SOLE 1083919
197 7975 SH OTHER 02 01 7975
Intl. Business Machines COM 459200101 1517 14060 SH SOLE 14060
J. C. Penney COM 708160106 1383 69382 SH SOLE 69382
Journal Register Co. COM 481138105 44083 2855575 SH SOLE 2855575
91 5900 SH OTHER 02 01 5900
K-Mart Corp. COM 482584109 947 94100 SH SOLE 94100
Kansas City Southern Inds COM 485170104 1604 21500 SH SOLE 21500
Kaydon Corp. COM 486587108 49661 1852142 SH SOLE 1834642 17500
2598 96880 SH OTHER 03 02 01 96880
Kohls Corp Com COM 500255104 3223 44650 SH SOLE 44650
Kroger Co. COM 501044101 4928 261100 SH SOLE 261100
Lakes Gaming Inc COM 51206P109 198 25000 SH SOLE 25000
Lasalle Re Hldgs Ltd Ord COM G5383Q101 3308 200463 SH SOLE 200463
173 10475 SH OTHER 02 01 10475
Limited, Inc. COM 532716107 2567 59260 SH SOLE 59260
Local Financial Corporation COM 539553107 2044 197000 SH SOLE 197000
Lowe's Co. COM 548661107 6250 104600 SH SOLE 104600
May Dept. Stores COM 577778103 1571 48711 SH SOLE 48711
McDermott International Inc. COM 580037109 3344 368975 SH SOLE 357975 11000
Media One Group, Inc. COM 58440J104 6016 78320 SH SOLE 78320
1913 24900 SH OTHER 03 02 01 24900
Medical Assurance, Inc. COM 58449U100 578 27303 SH SOLE 27303
Metris Companies Inc COM 591598107 101759 2851399 SH SOLE 2823399 28000
5384 150875 SH OTHER 03 02 01 150875
Municipal Mortgage & Equity * COM 62624B101 3689 199380 SH SOLE 199380
4 200 SH OTHER 01 200
National Commerce Bancorporati COM 635449101 1058 46624 SH SOLE 46624
New Plan Excel Realty Trust* COM 648053106 1172 74120 SH SOLE 74120
16 1032 SH OTHER 02 1032
Norfolk Southern COM 655844108 744 36275 SH SOLE 36275
Ocwen Financial Corp COM 675746101 36009 5761367 SH SOLE 5706367 55000
1564 250186 SH OTHER 03 02 01 250186
Office Depot, Inc. COM 676220106 1223 111200 SH SOLE 111200
Old Republic Int'l. COM 680223104 2073 152125 SH SOLE 152125
408 29924 SH OTHER 01 29924
Park Place Entertainment COM 700690100 156 12505 SH SOLE 12505
Payless ShoeSource, Inc. COM 704379106 12424 264345 SH SOLE 257345 7000
1359 28924 SH OTHER 03 02 01 28924
Penn Virginia Corporation COM 707882106 5145 307150 SH SOLE 307150
Pfizer Co. COM 717081103 270 8318 SH SOLE 8318
Philip Morris COM 718154107 609 26500 SH SOLE 26500
Plum Creek Timber Co Inc REIT* COM 729251108 1741 69650 SH SOLE 69650
Procter & Gamble COM 742718109 318 2900 SH SOLE 2900
Provident Bankshares COM 743859100 308 17786 SH SOLE 17786
Pulitzer Inc COM 745769109 12486 309725 SH SOLE 309725
RFS Hotel Investors Inc COM 74955J108 3230 309500 SH SOLE 309500
ReliaStar Financial Corp. COM 75952U103 25022 638525 SH SOLE 626525 12000
2904 74100 SH OTHER 03 02 01 74100
Ross Stores Inc COM 778296103 4664 260000 SH SOLE 260000
Safeway Inc Com New COM 786514208 3305 92450 SH SOLE 92450
Saks, Inc. COM 79377w108 29905 1921602 SH SOLE 1893602 28000
1655 106337 SH OTHER 02 01 106337
Schein Henry, Inc. Common COM 806407102 333 25000 SH SOLE 25000
Scott Technologies Inc COM 810022301 6446 341525 SH SOLE 341525
89 4705 SH OTHER 02 4705
Sears Roebuck & Co. COM 812387108 2357 77600 SH SOLE 77600
Shoney's, Inc. COM 825039100 3474 2526600 SH SOLE 2526600
Southdown Inc. COM 841297104 44046 853194 SH SOLE 847194 6000
2391 46323 SH OTHER 03 02 01 46323
Southwest Airlines COM 844741108 2469 153126 SH SOLE 153126
Stewart & Stevenson Svcs, Inc. COM 860342104 10951 924650 SH SOLE 924650
1003 84715 SH OTHER 02 01 84715
Storage USA, Inc. * COM 861907103 1090 36040 SH SOLE 36040
15 510 SH OTHER 02 510
Sun Communities Inc.* COM 866674104 650 20200 SH SOLE 20200
TJX Companies COM 872540109 1848 90400 SH SOLE 90400
Tandy Corp. COM 875382103 3468 70500 SH SOLE 70500
Telephone & Data COM 879433100 54708 434192 SH SOLE 427692 6500
3819 30306 SH OTHER 03 02 01 30306
Trenwick Group Inc COM 895290104 35189 2077555 SH SOLE 2057805 19750
1446 85365 SH OTHER 03 02 01 85365
Tupperware Corporation COM 899896104 39216 2315360 SH SOLE 2292360 23000
1946 114865 SH OTHER 03 02 01 114865
UNUMProvident Corp. COM 91529y106 2159 67330 SH SOLE 67330
79 2450 SH OTHER 02 01 2450
US Airways Group COM 911905107 1431 44645 SH SOLE 44645
Union Pacific Corp. COM 907818108 2773 63465 SH SOLE 63465
Wabash National Corp COM 929566107 443 29540 SH SOLE 29540
Wal-Mart Stores COM 931142103 76990 1113778 SH SOLE 1113778
Walgreen Co. COM 931422109 6069 207500 SH SOLE 207500
Weatherford International COM 947074100 32729 819513 SH SOLE 809513 10000
3134 78467 SH OTHER 03 02 01 78467
Young Broadcasting Class A COM 987434107 42696 837175 SH SOLE 837175
CKE Restaurants Conv CNV 12561EAB1 477 900000 PRN SOLE 900000
Jumbosports Inc Conv CNV 481386AA8 1 150000 PRN SOLE 150000
Lechters Inc CNV 130000GW6 1717 2120000 PRN SOLE 2120000
Shoney's Inc Conv CNV 825039AC4 687 4400000 PRN SOLE 4400000
Shoney's/TPI Enterprises CNV 872623AA1 812 1400000 PRN SOLE 1400000
Excel Legacy Corp CNV 300665AA4 1034 1261000 PRN SOLE 1261000
CTBI Preferred Cap Trust 9% PRD 12641H201 487 20000 SH SOLE 20000
Hallwood Energy Corp. Pfd.-A PRD 40636X204 315 40673 SH SOLE 40673
Ozark Capital Trust 9% Pfd PRD 692619208 192 20000 SH SOLE 20000
Prime Retail, Inc. 10.50% Sr. PRD 741570204 2932 199600 SH SOLE 199600
Winston Hotels Inc Cum Pfd 9.2 PRD 97563A201 295 20000 SH SOLE 20000
</TABLE>
