FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 2000
Check here if Amendment [ ]; Ammendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manger Filing this Report:
Name: Osterweis Capital Management, LLC
Address: One Maritime Plaza
Suite 800
San Francisco, CA 94111
13F File Number: 28-801-54360
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 ths Report on Behalf of Reporting Manager:
Name: Pamela S. Nichter
Title: Compliance Officer
Phone: 415-434-4441
Signature, Place, and Data of Signing
Pamela S. Nichter San Francisco, CA May 15, 2000
Report Type (Check only one.):
[ X ] 13F HOLDINGS REPORT
[ ] 13F NOTICE
[ ] 13F COMBINATION REPORT
List of Other Mangers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934.
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 132
Form 13F Information Table Value Total: $408,831
List of Other Included Managers:
No. 13F File Number Name
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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
- ----------------------------------------------------------------------------------------------------------------------------------
AT&T CORP COM 001957109 221 3927 SH SOLE 2427 0 1500
AT&T CORP COM LBRTY MED 001957208 275 4638 SH SOLE 4638 0 0
ABBOTT LABS COM 002824100 22 619 SH SOLE 619 0 0
ACNIELSEN CORP COM 004833109 7755 344655 SH SOLE 343155 0 1500
ADAPTEC INC COM 00651F108 62 1600 SH SOLE 1600 0 0
ALZA CORP COM 022615108 9 233 SH SOLE 233 0 0
AMERICAN HOME PRODS CORP COM 026609107 589 10950 SH SOLE 10950 0 0
AMERICAN INTL GROUP INC COM 026874107 137 1255 SH SOLE 1255 0 0
AMERICAN TOWER CORP CL A 029912201 19027 385350 SH SOLE 376450 0 8900
ANADARKO PETE CORP COM 032511107 62 1600 SH SOLE 1600 0 0
ANHEUSER BUSCH COS INC COM 035229103 3523 56600 SH SOLE 56600 0 0
ANTIGENICS INC DEL COM 037032109 38 1850 SH SOLE 1850 0 0
ASSOCIATES FIRST CAP CORP CL A 046008108 6269 293256 SH SOLE 290456 0 2800
ATRIX LABS INC COM 04962L101 52 5433 SH SOLE 5433 0 0
AUTOMATIC DATA PROCESSING COM 053015103 125 2600 SH SOLE 2600 0 0
AVATAR HLDGS INC SNTCV 7.000 0 053494AD2 17 20000 SH SOLE 20000 0 0
AVON PRODS INC COM 054303102 4319 147654 SH SOLE 147654 0 0
BANK NEW YORK INC COM 064057102 333 8000 SH SOLE 8000 0 0
BELL ATLANTIC CORP COM 077853109 123 2020 SH SOLE 320 0 1700
BELLSOUTH CORP COM 079860102 34 720 SH SOLE 720 0 0
BERKSHIRE HATHAWAY INC DEL CL B 084670207 18 10 SH SOLE 10 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 896 15440 SH SOLE 15440 0 0
CBS CORP COM 12490K107 7492 132312 SH SOLE 132312 0 0
CALPINE CORP COM 131347106 20857 221886 SH SOLE 215936 0 5950
CEDAR FAIR L P DEPOSITARY UNI 150185106 79 4000 SH SOLE 4000 0 0
CHASE MANHATTAN CORP NEW COM 16161A108 35 400 SH SOLE 400 0 0
CHEVRON CORP COM 166751107 123 1336 SH SOLE 936 0 400
CISCO SYS INC COM 17275R102 1069 13824 SH SOLE 13824 0 0
COCA COLA CO COM 191216100 3 70 SH SOLE 70 0 0
COMVERSE TECHNOLOGY INC COM PAR $0.10 205862402 24570 130000 SH SOLE 130000 0 0
CONVERGYS CORP COM 212485106 19632 507450 SH SOLE 497050 0 10400
CORNING INC COM 219350105 116 600 SH SOLE 600 0 0
COUSINS PPTYS INC COM 222795106 32 875 SH SOLE 875 0 0
CRESCENT R E EQUITIES INC COM 225756105 8305 474595 SH SOLE 469295 0 5300
DISNEY WALT CO DISNEY COM 254687106 348 8441 SH SOLE 8441 0 0
DORCHESTER HUGOTON LTD ADR 258205202 10 1000 SH SOLE 1000 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 21 400 SH SOLE 400 0 0
ECHOSTAR COMMUN CORP NEW CL A 278762109 13335 168800 SH SOLE 164600 0 4200
ELAN CORP ADR 284131208 12132 255400 SH SOLE 251800 0 3600
ELECTRONIC DATA SYS CORP NEW COM 285661104 13 200 SH SOLE 200 0 0
EXXON MOBIL CORP COM 30231G102 1367 17537 SH SOLE 17537 0 0
FEDERAL NATL MTG ASSN COM 313586109 38 680 SH SOLE 680 0 0
FIFTH THIRD BANCORP COM 316773100 11 168 SH SOLE 168 0 0
FOREST LABS INC COM 345838106 3481 41201 SH SOLE 40201 0 1000
GATX CORP COM 361448103 10400 273693 SH SOLE 268593 0 5100
GTE CORP COM 362320103 231 3248 SH SOLE 3248 0 0
GAP INC COM 364760108 17 337 SH SOLE 337 0 0
GENERAL ELEC CO COM 369604103 2413 15507 SH SOLE 15507 0 0
GENERAL MTRS CORP COM 370442105 24 285 SH SOLE 285 0 0
GENERAL MTRS CORP CL H NEW 370442832 25 200 SH SOLE 200 0 0
GILLETTE CO COM 375766102 38 1000 SH SOLE 1000 0 0
GLAXO WELLCOME PLC ADR SPONSORED 37733W105 17 300 SH SOLE 300 0 0
GOLDEN ST BANCORP INC COM 381197102 78 5200 SH SOLE 5200 0 0
HALLIBURTON CO COM 406216101 99 2402 SH SOLE 2402 0 0
HEALTH CARE PPTY INVS INC COM 421915109 6994 274950 SH SOLE 273950 0 1000
HEWLETT PACKARD CO COM 428236103 192 1450 SH SOLE 1450 0 0
INTEL CORP COM 458140100 244 1852 SH SOLE 1852 0 0
INTERLINK ELECTRS COM 458751104 935 9800 SH SOLE 9800 0 0
IT GROUP INC COM 465266104 4320 571266 SH SOLE 549542 0 21724
JOHNSON & JOHNSON COM 478160104 1202 17105 SH SOLE 17105 0 0
KIMBERLY CLARK CORP COM 494368103 144 2575 SH SOLE 2575 0 0
KINDER MORGAN EGY PTNS L P UT LTD PT INT 494550106 2763 69608 SH SOLE 68208 0 1400
KINDER MORGAN INC KANS COM 49455P101 16096 405550 SH SOLE 401350 0 4200
KNIGHT RIDDER INC COM 499040103 77 1500 SH SOLE 1500 0 0
KONINKLIJKE PHILIPS ELECTRS COM 499040103 110 644 SH SOLE 644 0 0
LILLY ELI & CO COM 532457108 776 12394 SH SOLE 12394 0 0
LOEWS CINEPLEX ENTMT CORP COM 540423100 15 4320 SH SOLE 4320 0 0
MCI WORLDCOM INC COM 55268B106 1580 34872 SH SOLE 33222 0 1650
MANOR CARE INC NEW COM 564055101 16144 1195828 SH SOLE 1169628 0 26200
MANUFACTURED HOME CMNTYS INC COM 564682102 4130 178607 SH SOLE 178607 0 0
MATTEL INC COM 577081102 21 2000 SH SOLE 2000 0 0
MCDONALDS CORP COM 580135101 37 1000 SH SOLE 1000 0 0
MEDIAONE GROUP INC COM 58440J104 20 250 SH SOLE 250 0 0
MERCK & CO INC COM 589331107 1833 29500 SH SOLE 27212 0 2288
MICROSOFT CORP COM 594918104 811 7632 SH SOLE 7632 0 0
MORGAN J P & CO INC COM 616880100 158 1200 SH SOLE 1200 0 0
NTL INC COM 629407107 13105 141197 SH SOLE 137306 0 3891
NEWHALL LD & FARMING CO COM 651426108 1981 70122 SH SOLE 67822 0 2300
NEWPARK RES INC COM PAR$0.01NE 651718504 5351 668855 SH SOLE 658355 0 10500
NEWS CORP LTD ADR NEW 652487703 141 2500 SH SOLE 2500 0 0
NORTEL NETWORKS CORP COM 656569100 266 2114 SH SOLE 2114 0 0
OHM CORP SBDBCV08.000 0 670839AA7 34029 398000 SH SOLE 398000 0 0
ORACLE CORP COM 68389X105 90 1154 SH SOLE 1154 0 0
ORGANOGENESIS INC COM 685906109 96 8000 SH SOLE 8000 0 0
OWENS ILL INC COM NEW 690768403 9436 559000 SH SOLE 549500 0 9500
PEGASUS COMMUNICATIONS CORP CL A 705904100 14645 104050 SH SOLE 101050 0 3000
PEPSICO INC COM 713448108 178 5110 SH SOLE 5110 0 0
PFIZER INC COM 717081103 335 9150 SH SOLE 3150 0 6000
PHILIP MORRIS COS INC COM 718154107 47 2210 SH SOLE 2210 0 0
PLAYTEX PRODS INC COM 72813P100 741 57000 SH SOLE 55500 0 1500
PREMIER PKS INC COM NEW 740540208 11013 524450 SH SOLE 517050 0 7400
PRIMEDIA INC COM 74157K101 9577 299291 SH SOLE 294491 0 4800
PROCTER & GAMBLE CO COM 742718109 1133 20052 SH SOLE 20052 0 0
QUANTUM CORP CV 747906AC9 1228 1525000 SH SOLE 142000 0 105000
ROCKWELL INTL CORP NEW COM 773903109 5910 141350 SH SOLE 138750 0 2600
ROYAL DUTCH PETE CO NY REG SHS 1.2 780257804 463 8000 SH SOLE 8000 0 0
SBC COMMUNICATIONS INC COM 78387G103 57 1357 SH SOLE 1357 0 0
S3 INC COM 784849101 708 33696 SH SOLE 16640 0 17056
SAN JUAN BASIN RTY TR UNIT BEN INT 798241105 503 50589 SH SOLE 50589 0 0
SANTA FE SNYDER CORP COM 80218K105 1330 140051 SH SOLE 138001 0 2050
SCHERING PLOUGH CORP COM 806605101 271 7300 SH SOLE 100 0 7200
SCHLUMBERGER LTD COM 806857108 577 7538 SH SOLE 7538 0 0
SERVICEMASTER CO COM 81760N109 10912 969942 SH SOLE 964342 0 5600
SMITHKLINE BEECHAM P L C ADR RPSTG ORD 832378301 20 300 SH SOLE 300 0 0
SPRINT CORP COM 852061100 160 2536 SH SOLE 2536 0 0
SPRINT CORP PCS GROUP COM 852061506 28 422 SH SOLE 422 0 0
STAPLES INC COM 855030102 24 1203 SH SOLE 1203 0 0
STATE STR CORP COM 857477103 391 4040 SH SOLE 4000 0 40
SUNGARD DATA SYS INC COM 867363103 121 3200 SH SOLE 3200 0 0
TCBY ENTERPRISES INC COM 872245105 460 80000 SH SOLE 80000 0 0
TANGER FACTORY OUTLET CTRS COM 875465106 80 4175 SH SOLE 4175 0 0
TELEFONICA S A ADR SPONSORED 879382208 24 318 SH SOLE 318 0 0
TELEFONOS DE MEXICO S A ADR REP ORD L 879403780 51 760 SH SOLE 760 0 0
TORCHMARK CORP COM 891027104 1873 81000 SH SOLE 76800 0 4200
TYCO INTL LTD NEW COM 902124106 13431 267930 SH SOLE 400 182130 85400
USG CORP COM NEW 903293405 79 1900 SH SOLE 1900 0 0
UNITED SEC BANCORPORATION WA CMT-CAP STK 91146A101 25 2662 SH SOLE 2662 0 0
U S WEST INC NEW COM 91273H101 29 400 SH SOLE 400 0 0
UNIVERSAL ELECTRS INC COM 913483103 7491 308920 SH SOLE 299920 0 9000
VALUEVISION INTL INC CL A 92047K107 12086 292100 SH SOLE 285800 0 6300
VIACOM INC CL B 925524308 24 400 SH SOLE 400 0 0
VOYAGER NET INC COM 92906W101 683 49900 SH SOLE 46800 0 3100
WAL MART STORES INC COM 931142103 188 3332 SH SOLE 3332 0 0
WALGREEN CO COM 931422109 240 9334 SH SOLE 9334 0 0
WARNER LAMBERT CO COM 934488107 100 1025 SH SOLE 1025 0 0
WASHINGTON POST CO CL B 939640108 16 30 SH SOLE 30 0 0
WELLS FARGO & CO NEW COM 949746101 25 620 SH SOLE 620 0 0
WESTWOOD ONE INC COM 961815107 2633 72640 SH SOLE 68440 0 4200
CORECOMM LTD COM G2422R109 479 10895 SH SOLE 10895 0 0
TRANSOCEAN SEDCO FOREX INC COM G90078109 75 1458 SH SOLE 1458 0 0
XL CAPITAL LTD CL A G98255105 11463 207000 SH SOLE 204400 0 2600
CREATIVE TECHNOLOGY LTD ORD Y1775U107 3490 109920 SH SOLE 109920 0 0
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