<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 03/31//99
--------------
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: SEFTON CAPITAL MANAGEMENT
---------------------------------------------
Address: 2550 FIFTH AVENUE
---------------------------------------------
SUITE 808
---------------------------------------------
SAN DIEGO, CA 92103
---------------------------------------------
Form 13F File Number: 28-6584
-----------------
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: LANI CADOSSERE
---------------------------------------------
Title: VICE PRESIDENT - COO
---------------------------------------------
Phone: 619 239-5600
---------------------------------------------
Signature, Place, and Date of Signing:
/s/ LANI CADOSSERE SAN DIEGO, CA 5-12-99
- ------------------------ ----------------------------- --------------
[Signature] [City, State] [Date]
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).)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name
28-6584 SEFTON CAPITAL MANAGEMENT
------------------ ------------------------
[Repeat as necessary.]
<PAGE>
FORM 13F
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
Name of Title of CUSIP Fair Shares of Inv. Discretion Managers Voting Authority
Issuer Class Number Market Value Principal Amt Sole(a) (Shares) Sole (A)
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
ABBOTT LABORATORIES Stock 002824100 1,576,645 33,680 33,680 33,680
ACNielson CORPORATION Stock 004833109 10,823 399 399 399
ALCOA Stock 013817101 179,578 4,360 4,360 4,360
ALIGN-RITE INTERNATIONAL Stock 016251100 254,375 22,000 22,000 22,000
ALLSTATE CORPORATION Stock 020002101 1,933,180 52,160 52,160 52,160
AMERICAN HOME PRODUCTS CORPORATION Stock 026609107 306,545 4,698 4,698 4,698
AMERICAN INTERNATIONAL GROUP, INC. Stock 026874107 222,794 1,847 1,847 1,847
AMERICAN STORES COMPANY Stock 030096101 25,674 778 778 778
AMERITECH CORPORATION NEW Stock 030954101 25,816 448 448 448
AMERICAN EXPRESS CO Stock 025816109 47,100 400 400 400
APPLIED POWER Stock 038225108 245,250 9,000 9,000 9,000
ARM FINANCIAL Stock 001944107 47,800 3,200 3,200 3,200
ARROW ELECTRONICS Stock 042735100 787,500 52,500 52,500 52,500
ASSOCIATES FIRST CAPITAL - A Stock 046008108 5,940 132 132 132
ASTORIA FINANCIAL Stock 046265104 1,295,000 25,900 25,900 25,900
ASTRA AB ADR CLASS A Stock 046298105 27,204 1,186 1,186 1,186
AMERICAN TELEPHONE & TELEGRAPH Stock 001957109 1,162,150 14,561 14,561 14,561
ATLANTIC RICHFIELD COMPANY Stock 048825103 167,018 2,284 2,284 2,284
AUTOMATIC DATAPROCESSING INCORPORATE Stock 053015103 366,169 8,850 8,850 8,850
AVISTA CORPORATION Stock 05379B107 325,000 20,000 20,000 20,000
BANK OF NEW YORK INCORPORATED Stock 064057102 29,109 810 810 810
BANK ONE CORPORATION Stock 06423A103 1,464,277 26,593 26,593 26,593
BANKAMERICA CORP Stock 06605F102 1,561,872 22,115 22,115 22,115
BEDFORD PROPERTY INVESTORS Stock 076446301 365,625 25,000 25,000 25,000
BELL ATLANTIC CORPORATION Stock 077853109 1,256,213 24,304 24,304 24,304
BELLSOUTH CORPORATION Stock 079860102 29,967 748 748 748
BENIHANA CLASS A Stock 082047200 608,563 53,500 53,500 53,500
BERKSHIRE HATHAWAY INC - CLASS B Stock 084670207 287,859 121 121 121
BESTFOODS Stock 08658U101 62,980 1,340 1,340 1,340
BJ's WHOLESALE Stock 05548J106 1,779,620 67,634 67,634 67,634
BP AMOCO PLC - SPONSORED ADR Stock 055622104 126,789 1,255 1,255 1,255
Sub-total 16,584,432
</TABLE>
<PAGE>
FORM 13F
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
Name of Title of CUSIP Fair Shares of Inv. Discretion Managers Voting Authority
Issuer Class Number Market Value Principal Amt Sole(a) (Shares) Sole (A)
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
BRISTOL-MYERS SQUIBB COMPANY Stock 110122108 1,100,385 17,160 17,160 17,160
BURLINGTON COAT FACTORY Stock 121579106 802,525 68,300 68,300 68,300
BURLINGTON NORTHERN RAILROAD Stock 12189T104 493,125 15,000 15,000 15,000
CABOT CORPORATION Stock 127055101 21,250 1,000 1,000 1,000
CAMERON ASHLEY BUILDING PRODUCTS Stock 133290106 604,075 66,200 66,200 66,200
CARRAMERICA REALTY Stock 144418100 1,574,821 71,380 71,380 71,380
CATERPILLAR, INC. Stock 149123101 60,638 1,320 1,320 1,320
CENTRAL & SOUTH WEST CORPORATION Stock 152357109 10,125 432 432 432
CHANCELLOR MEDIA CORP Stock 158915108 65,975 1,400 1,400 1,400
CHASE MANHATTAN BANK CORPORATION Stock 16161A108 2,010,125 24,702 24,702 24,702
CHEVRON CORPORATION Stock 166751107 2,543,486 28,659 28,659 28,659
CIGNA Stock 125509109 1,136,581 13,561 13,561 13,561
CINCINNATI FINANCIAL CORPORATION Stock 172062101 239,394 6,570 6,570 6,570
CINTAS CORPORATION Stock 172908105 221,621 3,390 3,390 3,390
CITATION CORP Stock 172895104 512,500 50,000 50,000 50,000
CITIGROUP INCORPORATED Stock 172967101 29,845 508 508 508
COCA COLA COMPANY Stock 191216100 503,889 8,210 8,210 8,210
COLGATE PALMOLIVE Stock 194162103 18,400 200 200 200
CONECTIV INC Stock 206829103 15,500 800 800 800
CONOCO Stock 208251306 1,176,544 47,900 47,900 47,900
CONSOLIDATED EDISON CD NY INCORPORATE Stock 209111103 15,633 345 345 345
COOPER TIRE & RUBBER COMPANY Stock 216831107 41,160 2,240 2,240 2,240
CSX CORPORATION Stock 126408103 48,088 1,235 1,235 1,235
DANA CORPORATION Stock 235811106 1,413,790 37,205 37,205 37,205
DAYTON HUDSON Stock 239753106 115,115 1,840 1,840 1,840
DILLARDS INC. Stock 254067101 1,308,589 51,570 51,570 51,570
WALT DISNEY COMPANY Stock 254687106 192,664 6,190 6,190 6,190
DOLE FOOD COMPANY Stock 256605106 1,242,000 41,400 41,400 41,400
RR DONNELLEY & SONS COMPANY Stock 257867101 13,700 400 400 400
DOW CHEMICAL COMPANY Stock 260543103 27,956 300 300 300
DPL INCORPORATED Stock 233293109 9,900 600 600 600
Sub-total 17,569,399
</TABLE>
<PAGE>
FORM 13F
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
Name of Title of CUSIP Fair Shares of Inv. Discretion Managers Voting Authority
Issuer Class Number Market Value Principal Amt Sole(a) (Shares) Sole (A)
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
DUKE ENERGY COMPANY COMMON Stock 264399106 16,444 300 300 300
DUN & BRADSTREET CORPORATION (NEW) Stock 26483B106 41,100 1,200 1,200 1,200
DURA PHARMACEUTICALS INCORPORATED Stock 26632S109 1,074 76 76 76
EASTGROUP PROPERTIES Stock 277270104 1,353,694 83,950 83,950 83,950
EASTMAN KODAK COMPANY Stock 277461109 52,378 820 820 820
EDISON INTERNATIONAL Stock 281020107 16,821 756 756 756
EI DU PONT DE NEMOURS & COMPANY Stock 263534109 151,543 2,610 2,610 2,610
ELECTRONIC DATA SYSTEMS CORPORATION Stock 285661104 138,954 2,854 2,854 2,854
EMERSON ELECTRIC COMPANY Stock 291011104 598,194 11,300 11,300 11,300
EQUIFAX INCORPORATED Stock 294429105 24,063 700 700 700
EQUITY INNS Stock 294703103 946,900 111,400 111,400 111,400
ERRICSON L M ADR Stock 294821400 41,815 1,756 1,756 1,756
EXXON CORPORATION Stock 302290101 1,701,968 24,120 24,120 24,120
FIFTH THIRD BANCORP Stock 316773100 150,403 2,281 2,281 2,281
FIRST ESSEX BANCORP Stock 320103104 408,194 27,100 27,100 27,100
FIRST UNION CORPORATION Stock 337358105 739,896 13,846 13,846 13,846
FIRSTENERGY CORPORATION Stock 337932107 1,448,720 51,740 51,740 51,740
FIRSTFED FINANCIAL Stock 337907109 16,063 1,000 1,000 1,000
FMC Stock 302491303 493,750 10,000 10,000 10,000
FEDERAL NATIONAL MORTGAGE ASSOCIATIO Stock 313586109 27,700 400 400 400
FORD MOTOR COMPANY Stock 345370100 14,285 252 252 252
FORT JAMES CORPORATION Stock 347471104 1,392,983 43,960 43,960 43,960
FOUNDATION HEALTH SYSTEMS Stock 350404109 13,406 1,100 1,100 1,100
GANNET COMPANY INCORPORATED Stock 364730101 136,080 2,160 2,160 2,160
GARDEN FRESH RESTAURANT Stock 365235100 228,000 16,000 16,000 16,000
GEMSTAR INTERNATION GROUP LTD Stock G3788V106 85,785 1,140 1,140 1,140
GENERAL ELECTRIC COMPANY Stock 369604103 1,377,060 12,448 12,448 12,448
GENERAL MILLS INCORPORATED Stock 370334104 37,781 500 500 500
GENERAL MOTORS CORPORATION Stock 370442105 10,440 120 120 120
GPU INC Stock 36225X100 951,543 25,502 25,502 25,502
GRAINGER WW INCORPORATED Stock 384802104 64,594 1,500 1,500 1,500
Sub-total 12,681,628
</TABLE>
<PAGE>
FORM 13F
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
Name of Title of CUSIP Fair Shares of Inv. Discretion Managers Voting Authority
Issuer Class Number Market Value Principal Amt Sole(a) (Shares) Sole (A)
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
GREAT ATLANTIC & PACIFIC TEA COMPANY Stock 390064103 600,000 20,000 20,000 20,000
GREENPOINT FINANCIAL CORP Stock 395384100 29,190 840 840 840
GTE CORPORATION Stock 362320103 126,203 2,086 2,086 2,086
GTECH HOLDINGS Stock 400518106 414,375 17,000 17,000 17,000
HARLEYSVILLE GROUP Stock 412824104 193,750 10,000 10,000 10,000
HARRAH'S ENTERTAINMENT Stock 413619107 1,499,838 78,680 78,680 78,680
HARRIS CORPORATION DEL Stock 413875105 826,690 28,880 28,880 28,880
HJ HEINZ COMPANY Stock 423074103 110,715 2,337 2,337 2,337
HEWLETT PACKARD COMPANY COMMON Stock 428236103 257,688 3,800 3,800 3,800
HIGHWOODS PROPERTIES Stock 431284108 1,361,206 57,770 57,770 57,770
HOME DEPOT, INC. Stock 437076102 76,941 1,236 1,236 1,236
HOUSEHOLD INTERNATIONAL Stock 441815107 684,375 15,000 15,000 15,000
HUMANA INCORPORATED Stock 444859102 1,079,850 62,600 62,600 62,600
INTERNATIONAL BUSINESS MACHINES Stock 459200101 430,186 2,427 2,427 2,427
IDACORP INC Stock 451107106 21,195 720 720 720
ILLINOIS TOOL WORKS, INCORPORATED Stock 452308109 50,738 820 820 820
IMS HEALTH INCORPORATED Stock 449934108 99,400 2,800 2,800 2,800
INFINITY PETROLEUM CORPORATION COMPA Stock 456628106 36 12,000 12,000 12,000
INTEL CORPORATION Stock 458140100 1,147,144 9,650 9,650 9,650
INTERNATIONAL FLAVORS & FRAGRANCES Stock 459506101 9,391 250 250 250
JC PENNEY COMPANY, INCORPORATED Stock 708160106 15,795 390 390 390
JLM INDUSTRIES Stock 46621D103 126,000 24,000 24,000 24,000
JOHNSON & JOHNSON Stock 478160104 455,345 4,870 4,870 4,870
KELLOGG COMPANY Stock 487836108 34,151 1,010 1,010 1,010
KERR-McGEE Stock 492386107 1,010,625 30,800 30,800 30,800
KIMBERLY-CLARK CORPORATION Stock 494368103 19,654 410 410 410
KNIGHT RIDDER INC Stock 499040103 140,000 2,800 2,800 2,800
LIBBEY Stock 529898108 310,000 10,000 10,000 10,000
LIBERTY FINANCIAL Stock 530512102 669,175 28,400 28,400 28,400
LOCKHEED MARTIN & MARRIETA Stock 539830109 679,500 18,000 18,000 18,000
LUCENT TECHNOLOGIES Stock 549463107 11,232 104 104 104
Sub-total 12,490,386
</TABLE>
<PAGE>
FORM 13F
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
Name of Title of CUSIP Fair Shares of Inv. Discretion Managers Voting Authority
Issuer Class Number Market Value Principal Amt Sole(a) (Shares) Sole (A)
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
MARK IV INDUSTRIES Stock 570387100 748,722 57,594 57,594 57,594
MARSCH & McLENNAN COMPANIES Stock 571748102 30,443 410 410 410
MASCOTECH INCORPORATED Stock 574670105 576,600 37,200 37,200 37,200
MATTEL INCORPORATED Stock 577081102 31,172 1,250 1,250 1,250
MAXXIM MEDICAL Stock 57777G105 377,500 20,000 20,000 20,000
MAY DEPARTMENT STORES Stock 577778103 1,014,609 25,933 25,933 25,933
McDONALDS CORPORATION Stock 580135101 86,094 1,900 1,900 1,900
MEDIAONE GROUP Stock 58440J104 63,438 1,000 1,000 1,000
MERCK & COMPANY, INCORPORATED Stock 589331107 377,389 4,710 4,710 4,710
MERKERT AMERICAN Stock 590080107 217,500 20,000 20,000 20,000
MICROSOFT CORPORATION Stock 594918104 73,493 820 820 820
MIDCOAST ENERGY RESOURCES Stock 59563W104 937,750 60,500 60,500 60,500
MINNESOTA MINNING & MANUFACTURING Stock 604059105 235,315 3,326 3,326 3,326
MOBIL CORPORATION Stock 607059102 310,640 3,530 3,530 3,530
MONSANTO COMPANY Stock 611662107 126,788 2,760 2,760 2,760
MORGAN J P & COMPANY INCORPORATED Stock 616880100 49,350 400 400 400
MOTOROLA, INCORPORATED Stock 620076109 58,600 800 800 800
NCR CORPORATION Stock 62886E108 600 12 12 12
NESTLE SA SPONSORED ADR REPSTG Stock 641069406 20,625 220 220 220
NIELSEN MEDIA RESEARCH Stock 653929307 9,850 399 399 399
NORDSTROM INCORPORATED Stock 655664100 51,176 1,252 1,252 1,252
NORFOLK SOUTHERN CORPORATION Stock 655844108 92,576 3,510 3,510 3,510
NEW YORK TIMES Stock 650111107 570,000 20,000 20,000 20,000
OPTEK TECHNOLOGY Stock 683815104 323,125 22,000 22,000 22,000
ORION CAPITAL CORP Stock 686268103 44,438 1,422 1,422 1,422
OWENS ILLINOIS INCORPORATED Stock 690768403 1,081,000 43,240 43,240 43,240
PACIFICORP Stock 695114108 21,045 1,220 1,220 1,220
PAYLESS SHOE SOURCE INCORPORATED Stock 704379106 29,388 632 632 632
PEPSICO, INC. Stock 713448108 86,604 2,210 2,210 2,210
PFIZER INCORPORATED Stock 717081103 128,760 928 928 928
PHILLIP MORRIS COMPANIES, INCORPORAT Stock 718154107 586,963 16,681 16,681 16,681
Sub-total 8,361,550
</TABLE>
<PAGE>
FORM 13F
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
Name of Title of CUSIP Fair Shares of Inv. Discretion Managers Voting Authority
Issuer Class Number Market Value Principal Amt Sole(a) (Shares) Sole (A)
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
PHILLIPS PETROLEUM Stock 718507106 1,181,250 25,000 25,000 25,000
PIER 1 IMPORTS Stock 720279108 406,250 50,000 50,000 50,000
PIONEER STANDARD ELECTRONICS Stock 723877106 328,125 50,000 50,000 50,000
PNC BANK Stock 693475105 1,244,600 22,400 22,400 22,400
POTASH CORP SASK INC Stock 73755L107 37,450 700 700 700
PPG INDUSTRIES, INCORPORATED Stock 693506107 945,563 18,450 18,450 18,450
PRAXAIR INCORPORATED Stock 74005P104 16,228 450 450 450
PROCTER & GAMBLE COMPANY Stock 742718109 344,740 3,520 3,520 3,520
RACING CHAMPIONS CORP. Stock 750069106 275,000 25,000 25,000 25,000
RAILTEX Stock 750766107 568,750 50,000 50,000 50,000
REUTERS GROUP PLC - SPONSORED ADR Stock 76132M102 111,287 1,281 1,281 1,281
RFS HOTEL INVESTMENTS INCORPORATED Stock 74955J108 430,125 37,200 37,200 37,200
R.H. DONNELLY CORPORATION Stock 74955W307 3,705 240 240 240
RICHFOOD HOLDINGS Stock 763408101 1,078,125 50,000 50,000 50,000
ROCK FINANCIAL Stock 772150108 480,600 26,700 26,700 26,700
ROCK OF AGES Stock 772632105 260,938 25,000 25,000 25,000
ROCKY SHOES & BOOTS Stock 774830103 178,588 31,400 31,400 31,400
ROLLINS TRUCK LEASING Stock 775741101 471,875 50,000 50,000 50,000
ROYAL DUTCH PETROLEUM COMPANY Stock 780257804 305,552 5,876 5,876 5,876
RYDER SYSTEM Stock 783549108 805,269 29,150 29,150 29,150
SARA LEE CORPORATION Stock 803111103 1,005,098 40,610 40,610 40,610
SBC COMMUNICATIONS, INCORPORATED Stock 78387G103 290,109 6,148 6,148 6,148
SCRIPPS BANK LA JOLLA CALIFORNIA Stock 811037100 31,200 2,080 2,080 2,080
SELECTIVE INSURANCE GROUP Stock 816300107 309,188 17,000 17,000 17,000
SEMPRA ENERGY Stock 816851109 21,000 1,000 1,000 1,000
SIERRA HEALTH SERVICES Stock 826322109 499,200 38,400 38,400 38,400
SOUTHERN REALTY CO Stock 843758103 7,096 2,430 2,430 2,430
SOVEREIGN BANCORP Stock 845905108 1,153,950 94,200 94,200 94,200
STANDARD PRODUCTS Stock 853836104 715,000 44,000 44,000 44,000
STATE STREET CORPORATION Stock 857477103 248,395 3,020 3,020 3,020
STORAGE TECHNOLOGY Stock 862111200 997,925 35,800 35,800 35,800
Sub-total 14,752,178
</TABLE>
<PAGE>
FORM 13F
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
Name of Title of CUSIP Fair Shares of Inv. Discretion Managers Voting Authority
Issuer Class Number Market Value Principal Amt Sole(a) (Shares) Sole (A)
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
STRYKER CORP COM Stock 863667101 40,350 800 800 800
SUIZA FOODS CORPORATION Stock 865077101 1,173,673 34,840 34,840 34,840
SUPREME INDUSTRIES Stock 868607102 214,981 29,150 29,150 29,150
SYNTHETIC INDUSTRIES Stock 871914107 1,314,975 78,800 78,800 78,800
TECO ENERGY INCORPORATED Stock 872375100 17,252 868 868 868
TEKTRONIX Stock 879131100 57,015 2,258 2,258 2,258
TEXACO INCORPORATED Stock 881694103 1,191,750 21,000 21,000 21,000
TEXAS INSTRUMENTS INC Stock 882508104 92,700 934 934 934
TRAVELERS PROPERTY CASUALTY Stock 893939108 50,050 1,400 1,400 1,400
TRINET CORPORATE REALTY TRUST Stock 896287109 418,688 16,500 16,500 16,500
TROPICAL SPORTSWEAR INTL. Stock 89708P102 723,313 35,500 35,500 35,500
UNILEVER NV NY Stock 904784501 35,544 535 535 535
UNOCAL Stock 915289102 1,095,188 29,700 29,700 29,700
UNUM CORPORATION Stock 903192102 19,025 400 400 400
US AIRWAYS GROUP INCORPORATED Stock 911905107 19,525 400 400 400
US WEST INC Stock 91273H101 1,270,127 23,067 23,067 23,067
USG CORPORATION Stock 903293405 51,375 1,000 1,000 1,000
UST CORP Stock 902900109 200,963 9,200 9,200 9,200
USX-MARATHON GROUP Stock 902905827 84,150 3,060 3,060 3,060
VALLEY FEDERAL SAVINGS & LOAN ASSN Stock 919615104 149,813 1,500 1,500 1,500
WAL-MART STORES INCORPORATED Stock 931142103 26,734 290 290 290
WALGREEN COMPANY Stock 931422109 45,200 1,600 1,600 1,600
WARNACO GROUP Stock 934390105 1,419,531 57,500 57,500 57,500
WASHINGTON MUTUAL Stock 939322103 1,816,076 44,430 44,430 44,430
WATTS INDUSTRIES Stock 942749102 8,138 600 600 600
WD 40 COMPANY Stock 929236107 2,610 90 90 90
WELLS FARGO COMPANY Stock 949746101 96,773 2,760 2,760 2,760
WILLIS LEASE FINANCE Stock 970646105 70,000 4,000 4,000 4,000
WORLD COLOR PRESS Stock 981443104 212,500 10,000 10,000 10,000
WORLD FUEL SERVICES Stock 981475106 335,963 28,900 28,900 28,900
WRIGLEY WM Jr. COMPANY Stock 982526105 136,561 1,510 1,510 1,510
Sub-total 12,390,538
</TABLE>
<PAGE>
FORM 13F
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
Name of Title of CUSIP Fair Shares of Inv. Discretion Managers Voting Authority
Issuer Class Number Market Value Principal Amt Sole(a) (Shares) Sole (A)
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
ZOMAX OPTICAL MEDIA Stock 989929104 6,038 300 300 300
Sub-total 6,038
--------------------------------------------------------------------------
Totals 94,836,147 5,423,464 5,423,464 5,423,464
==========================================================================
</TABLE>
