UNITED STATES
SECURTIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter
Ended March 31, 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:
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 the Morgan Keegan
Preferred Managers Program and the Lockwood Financial Services, Inc. Program.
Although discretionary responsibility for the accounts is with us, Salomon
Smith Barney, Morgan Keegan and Lockwood Financial Services 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: 177
Form 13F Information Table Value Total: $1,578,264,000
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.
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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 1361 42705 SH SOLE 42705
Alberto Culver Class A COM 013068200 35308 1614075 SH SOLE 1599075 15000
1644 75152 SH OTHER 03 02 01 75152
Albertsons, Inc. COM 013104104 3272 105989 SH SOLE 105989
Alltel Corp. COM 020039103 32631 515899 SH SOLE 506899 9000
2462 38931 SH OTHER 03 02 01 38931
Amsouth Bancorporation COM 032165102 1108 74181 SH SOLE 74181
Arrow Electronics COM 042735100 57127 1620622 SH SOLE 1600622 20000
3627 102903 SH OTHER 03 02 01 102903
Astec Industries Inc COM 046224101 23707 892485 SH SOLE 892485
AutoZone, Inc. COM 053332102 30049 1082856 SH SOLE 1065356 17500
2104 75829 SH OTHER 03 02 01 75829
Avnet Inc. COM 053807103 22502 357169 SH SOLE 350669 6500
2510 39836 SH OTHER 03 02 01 39836
BJ's Wholesale Club, Inc. COM 05548J106 30516 795196 SH SOLE 795196
7 180 SH OTHER 03 01 180
BP Amoco PLC COM 055622104 251 4716 SH SOLE 4716
Bank of America Corp COM 060505104 239 4564 SH SOLE 4564
Black & Decker COM 091797100 853 22700 SH SOLE 22700
Boyd Gaming Corp. COM 103304101 197 40000 SH SOLE 40000
Bristol Myers COM 110122108 592 10200 SH SOLE 10200
Buckeye Partners L.P. * COM 118230101 312 12000 SH SOLE 12000
Buckeye Technologies Corp. COM 118255108 82446 4548741 SH SOLE 4508741 40000
3545 195590 SH OTHER 03 02 01 195590
Burlington Northern Santa Fe C COM 12189T104 2993 131547 SH SOLE 131547
Burlington Resources COM 122014103 4947 133700 SH SOLE 133700
350 9470 SH OTHER 02 01 9470
CPI Corp. COM 125902106 34064 1461200 SH SOLE 1443700 17500
1494 64073 SH OTHER 03 02 01 64073
CSX Corp. COM 126408103 2482 105630 SH SOLE 105630
CVS Corp. COM 126650100 3537 94150 SH SOLE 94150
Cabot Oil & Gas Cl A COM 127097103 35377 1958586 SH SOLE 1938586 20000
1966 108820 SH OTHER 03 02 01 108820
Callon Petroleum Corp COM 13123X102 10545 869650 SH SOLE 869650
29 2400 SH OTHER 02 2400
Capital Automotive REIT* COM 139733109 25266 2105520 SH SOLE 2105520
457 38075 SH OTHER 02 01 38075
Cedar Fair, L.P. * COM 150185106 13250 666650 SH SOLE 666650
277 13920 SH OTHER 02 01 13920
Cendant Corp. COM 151313103 3968 214500 SH SOLE 214500
Circuit City Group COM 172737108 2039 33500 SH SOLE 33500
Citigroup Inc. COM 172967101 727 12141 SH SOLE 12141
Citizens Communications Co. COM 177342201 2239 136715 SH OTHER 03 02 01 136715
Citizens Utilities Co. COM 41135 2512074 SH SOLE 2487074 25000
Coca Cola Company COM 191216100 282 6000 SH SOLE 6000
Colgate-Palmolive COM 194162103 1268 22500 SH SOLE 22500
Columbia Energy Group COM 197648108 267 4500 SH SOLE 4500
Conseco Inc COM 208464107 16481 1440946 SH SOLE 1420946 20000
1111 97123 SH OTHER 03 02 01 97123
Consolidated Stores Corp COM 210149100 29747 2615144 SH SOLE 2580144 35000
1840 161729 SH OTHER 03 02 01 161729
Costco Wholesale Corp. COM 22160K105 6350 120800 SH SOLE 120800
Delta Airlines COM 247361108 1062 19950 SH SOLE 19950
Discount Auto Parts Inc COM 254642101 14174 1585884 SH SOLE 1585884
27 3000 SH OTHER 02 3000
Dollar Gen Corp Com COM 256669102 1771 65911 SH SOLE 65911
East West Bancorp Inc. COM 27579R104 1699 153540 SH SOLE 153540
Equity Income Fund AT&T COM 294700703 272 1384 SH SOLE 1384
Excel Legacy Corp* COM 300665106 14088 4174200 SH SOLE 4174200
3 860 SH OTHER 02 860
Exxon Mobil Corp COM 30231G102 321 4124 SH SOLE 4124
FedEX Corporation COM 31428X106 3275 84390 SH SOLE 84390
Federal National Mortgage Asso COM 313586109 293 5180 SH SOLE 5180
Federated Dept. Stores, Inc. COM 31410H101 4805 113725 SH SOLE 113725
Ferrellgas Partners LP * COM 315293100 833 60550 SH SOLE 60550
First Cash Finl Svcs, Inc. COM 31942D107 288 47000 SH SOLE 47000
First Tennessee Natl. Corp. COM 337162101 884 43503 SH SOLE 43503
Ford Motor COM 345370100 9508 206970 SH SOLE 206970
Freddie Mac COM 313400301 1566 35450 SH SOLE 35450
174 3935 SH OTHER 01 3935
Gap, Inc. COM 364760108 12631 253574 SH SOLE 253574
General Electric COM 369604103 342 2200 SH SOLE 2200
General Motors COM 370442105 23359 282070 SH SOLE 282070
Grove Property Trust* COM 399613108 2080 160000 SH SOLE 160000
Gulf Island Fabrication Inc COM 402307102 11145 762025 SH SOLE 762025
7 500 SH OTHER 01 500
Hallwood Energy Corp. COM 40636X105 4371 999062 SH SOLE 999062
Hallwood Group Inc Com Par $0. COM 406364406 391 46050 SH SOLE 46050
Hanna M A Co. COM 410522106 26123 2309228 SH SOLE 2284228 25000
1003 88706 SH OTHER 03 02 01 88706
Hilton Hotels COM 432848109 78 10045 SH SOLE 10045
Home Depot, Inc. COM 437076102 44141 684361 SH SOLE 684361
Horace Mann Educators Corp New COM 440327104 14167 768400 SH SOLE 768400
Independent Energy Hld Sponsor COM 45384x108 538 12000 SH SOLE 12000
Integrated Homes Inc Com COM 45813J100 7 10000 SH SOLE 10000
Interim Services Inc COM 45868P100 22071 1188984 SH SOLE 1188984
245 13205 SH OTHER 03 02 01 13205
Intl. Business Machines COM 459200101 1659 14060 SH SOLE 14060
J. C. Penney COM 708160106 1083 72782 SH SOLE 72782
Journal Register Co. COM 481138105 46774 3171100 SH SOLE 3171100
224 15200 SH OTHER 02 01 15200
K-Mart Corp. COM 482584109 879 90700 SH SOLE 90700
Kansas City Southern Inds COM 485170104 1884 21925 SH SOLE 21925
Kaydon Corp. COM 486587108 53475 1957905 SH SOLE 1940405 17500
2350 86045 SH OTHER 03 02 01 86045
Kohls Corp Com COM 500255104 4715 46000 SH SOLE 46000
Kroger Co. COM 501044101 4709 268100 SH SOLE 268100
Lakes Gaming Inc COM 51206P109 198 25000 SH SOLE 25000
Lasalle Re Hldgs Ltd Ord COM G5383Q101 3502 252382 SH SOLE 252382
226 16278 SH OTHER 03 02 01 16278
Limited, Inc. COM 532716107 2576 61160 SH SOLE 61160
Local Financial Corporation COM 539553107 1777 207540 SH SOLE 207540
Lowe's Co. COM 548661107 6299 107900 SH SOLE 107900
May Dept. Stores COM 577778103 1417 49711 SH SOLE 49711
McDermott International Inc. COM 580037109 104 11275 SH SOLE 11275
Medical Assurance, Inc. COM 58449U100 546 28666 SH SOLE 28666
Metris Companies Inc COM 591598107 118735 3054266 SH SOLE 3026266 28000
5201 133794 SH OTHER 03 02 01 133794
Municipal Mortgage & Equity * COM 62624B101 3366 172612 SH SOLE 172612
National Commerce Bancorporati COM 635449101 863 46624 SH SOLE 46624
New Plan Excel Realty Trust* COM 648053106 920 66920 SH SOLE 66920
14 1032 SH OTHER 02 1032
Norfolk Southern COM 655844108 526 36900 SH SOLE 36900
Ocwen Financial Corp COM 675746101 50134 6266756 SH SOLE 6211756 55000
1808 226001 SH OTHER 03 02 01 226001
Office Depot, Inc. COM 676220106 1354 117100 SH SOLE 117100
Old Republic Int'l. COM 680223104 1891 137500 SH SOLE 137500
259 18848 SH OTHER 01 18848
Park Place Entertainment COM 700690100 145 12505 SH SOLE 12505
Penn Virginia Corporation COM 707882106 3228 188500 SH SOLE 188500
Pfizer Co. COM 717081103 304 8318 SH SOLE 8318
Philip Morris COM 718154107 560 26500 SH SOLE 26500
Plum Creek Timber Co Inc REIT* COM 729251108 1654 67150 SH SOLE 67150
Provident Bankshares COM 743859100 256 16226 SH SOLE 16226
Pulitzer Inc COM 745769109 14756 361000 SH SOLE 361000
RFS Hotel Investors Inc COM 74955J108 3177 295500 SH SOLE 295500
ReliaStar Financial Corp. COM 75952U103 20428 603030 SH SOLE 591030 12000
2102 62055 SH OTHER 03 02 01 62055
Ross Stores Inc COM 778296103 6470 268900 SH SOLE 268900
Sabre Holdings Corp. COM 785905100 1135 31097 SH SOLE 31097
Safeway Inc Com New COM 786514208 4251 93950 SH SOLE 93950
Saks, Inc. COM 79377w108 28930 1995200 SH SOLE 1967200 28000
1403 96783 SH OTHER 03 02 01 96783
Schein Henry, Inc. Common COM 806407102 405 25000 SH SOLE 25000
Scott Technologies Inc COM 810022301 7771 411725 SH SOLE 411725
54 2885 SH OTHER 02 2885
Shoney's, Inc. COM 825039100 2208 2208224 SH SOLE 2208224
Southdown Inc. COM 841297104 51384 867245 SH SOLE 861245 6000
2360 39836 SH OTHER 03 02 01 39836
Southwest Airlines COM 844741108 3236 155494 SH SOLE 155494
Stewart & Stevenson Svcs, Inc. COM 860342104 147 13100 SH SOLE 13100
Stone Energy Corp COM 861642106 222 4500 SH SOLE 4500
Storage USA, Inc. * COM 861907103 951 31040 SH SOLE 31040
16 510 SH OTHER 02 510
Sun Communities Inc.* COM 866674104 577 20000 SH SOLE 20000
TJX Companies COM 872540109 2059 92800 SH SOLE 92800
Tandy Corp. COM 875382103 3690 72700 SH SOLE 72700
Target Corp COM 87612E106 7075 94650 SH SOLE 94650
Telephone & Data COM 879433100 43334 390400 SH SOLE 383900 6500
2854 25713 SH OTHER 03 02 01 25713
Trenwick Group Inc COM 895290104 33257 2354485 SH SOLE 2327235 27250
1107 78401 SH OTHER 02 01 78401
Tupperware Corporation COM 899896104 54883 3470870 SH SOLE 3438370 32500
2555 161565 SH OTHER 03 02 01 161565
UNUMProvident Corp. COM 91529y106 3159 186490 SH SOLE 186490
36 2150 SH OTHER 01 2150
US Airways Group COM 911905107 1260 45320 SH SOLE 45320
Union Pacific Corp. COM 907818108 2528 64615 SH SOLE 64615
Wabash National Corp COM 929566107 432 30350 SH SOLE 30350
Wal-Mart Stores COM 931142103 64723 1145536 SH SOLE 1145536
Walgreen Co. COM 931422109 5485 213000 SH SOLE 213000
Weatherford International COM 947074100 32130 549225 SH SOLE 539225 10000
3151 53865 SH OTHER 03 02 01 53865
Young Broadcasting Class A COM 987434107 28077 1477750 SH SOLE 1477750
38 2000 SH OTHER 02 2000
CKE Restaurants Conv CNV 12561EAB1 489 900000 PRN SOLE 900000
Interim Services Inc CNV 45868PAA8 199 250000 PRN SOLE 250000
Jumbosports Inc Conv CNV 481386AA8 1 150000 PRN SOLE 150000
Lechters Inc CNV 130000GW6 1389 1770000 PRN SOLE 1770000
Shoney's Inc Conv CNV 825039AC4 803 4400000 PRN SOLE 4400000
Shoney's/TPI Enterprises CNV 872623AA1 539 1400000 PRN SOLE 1400000
Excel Legacy Corp CNV 300665AA4 1034 1261000 PRN SOLE 1261000
CTBI Preferred Cap Trust 9% PRD 12641H201 490 20000 SH SOLE 20000
Hallwood Energy Corp. Pfd.-A PRD 40636X204 290 40033 SH SOLE 40033
Ozark Capital Trust 9% Pfd PRD 692619208 187 20000 SH SOLE 20000
Prime Retail, Inc. 10.50% Sr. PRD 741570204 2479 187100 SH SOLE 187100
Winston Hotels Inc Cum Pfd 9.2 PRD 97563A201 330 20000 SH SOLE 20000
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