UNITED STATES STEEL & CARNEGIE PENSION FD
13F-HR, 2000-02-11
Previous: LVM CAPITAL MANAGEMENT LTD/MI, 13F-HR, 2000-02-11
Next: GENOMIC SOLUTIONS INC, S-1, 2000-02-11



<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:   DEC 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:

 Name:    United States Steel and Carnegie Pension Fund, Inc.
          ----------------------------------------------------
 Address: 350 Park Avenue - 17th Floor
          ---------------------------------------------
          New York, NY 10022-6022
          ---------------------------------------------

          ---------------------------------------------

 Form 13F File Number:      28-677
                          -----------
 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:    Gary A. Glynn
          ---------------------------------------------
 Title:   President
          ---------------------------------------------
 Phone:   212-826-8420
          ---------------------------------------------

 Signature, Place, and Date of Signing:

 /s/ Gary A. Glynn         New York, NY                 FEB 09, 2000
 ------------------------ ----------------------------- --------------
 [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-
        ------------------        ------------------------
     [Repeat as necessary.]

<PAGE>

                             Form 13F SUMMARY PAGE

 Report Summary:

 Number of Other Included Managers:
                                         -------------------
 Form 13F Information Table Entry Total: 102
                                         -------------------
 Form 13F Information Table Value Total: $6,620,342
                                         -------------------
                                            (thousands)

<PAGE>

<TABLE>
<CAPTION>


UCFPR13F 081899                   UNITED STATES STEEL AND CARNEGIE PENSION FUND                       FILE NUMBER: 28-677
DATE 02/09/00                                DECEMBER 31, 1999
TIME 16:09:02       FORM 13F, LIST OF SECURITIES PURSUANT TO SECTION 13(F) OF THE SECURITIES EXCHANGE ACT OF 1934


ITEM 1:                        ITEM 2:            ITEM 3:         ITEM 4:          ITEM 5:        ITEM 6:       ITEM 8:
                                                                                   SHARES OR      SHARES        SHARES
                                                                  MARKET VALUE     PRINCIPAL      SOLE          SOLE VOTING
NAME OF ISSUER                 TITLE OF CLASS     CUSIP NUMBER    (x$1000)         AMOUNT         DISCRETION    AUTHORITY
<S>                            <C>                <C>             <C>             <C>            <C>           <C>
AT&T CORP                      COM                001957 10 9          203,361    4,002,176      4,002,176       4,002,176
AT&T CORP                      COM LIB GRP A      001957 20 8          345,544    6,082,188      6,082,188       6,082,188
ABBOTT LABS                    COM                002824 10 0            1,431       39,400         39,400          39,400
AIR PRODS & CHEMS INC          COM                009158 10 6           31,784      947,000        947,000         947,000
AMERICAN EXPRESS CO            COM                025816 10 9          122,152      734,749        734,749         734,749
AMERICAN HOME PRODS CORP       COM                026609 10 7           46,951    1,196,200      1,196,200       1,196,200
AMERICAN INTL GROUP INC        COM                026874 10 7          119,900    1,108,906      1,108,906       1,108,906
AMGEN INC                      COM                031162 10 0           74,598    1,242,000      1,242,000       1,242,000
ARMSTRONG WORLD INDS INC       COM                042476 10 1           20,559      616,000        616,000         616,000
ASSOCIATES FIRST CAP CORP      CL A               046008 10 8           69,162    2,520,700      2,520,700       2,520,700
ATLANTIC RICHFIELD CO          COM                048825 10 3           34,929      403,800        403,800         403,800
AUTOMATIC DATA PROCESSING INC  COM                053015 10 3           26,566      493,100        493,100         493,100
BP AMOCO P L C                 SPONSORED ADR      055622 10 4           70,733    1,192,548      1,192,548       1,192,548
BANK ONE CORP                  COM                06423A 10 3           43,001    1,343,769      1,343,769       1,343,769
BARRICK GOLD CORP              COM                067901 10 8            7,505      424,300        424,300         424,300
BERKSHIRE HATHAWAY INC DEL     CL A               084670 10 8           62,383        1,112          1,112           1,112
BESTFOODS                      COM                08658U 10 1           69,319    1,318,800      1,318,800       1,318,800
BOEING CO                      COM                097023 10 5           53,615    1,293,880      1,293,880       1,293,880
BRISTOL MYERS SQUIBB CO        COM                110122 10 8           47,445      739,160        739,160         739,160
CAROLINA PWR & LT CO           COM                144141 10 8           14,354      471,600        471,600         471,600
CHUBB CORP                     COM                171232 10 1           44,161      784,220        784,220         784,220
COCA COLA CO                   COM                191216 10 0          173,142    2,972,400      2,972,400       2,972,400
COLUMBIA/HCA HEALTHCARE CORP   COM                197677 10 7           21,805      743,892        743,892         743,892
COMPUWARE CORP                 COM                205638 10 9           43,221    1,160,300      1,160,300       1,160,300
COOPER INDS INC                COM                216669 10 1           23,959      592,500        592,500         592,500
DPL INC                        COM                233293 10 9           21,401    1,236,150      1,236,150       1,236,150
DEERE & CO                     COM                244199 10 5           26,192      603,860        603,860         603,860
DISNEY WALT CO                 COM                254687 10 6           45,642    1,560,400      1,560,400       1,560,400
DU PONT E I DE NEMOURS & CO    COM                263534 10 9           96,173    1,459,936      1,459,936       1,459,936
DUKE ENERGY CORP               COM                264399 10 6           30,847      615,400        615,400         615,400
EMERSON ELEC CO                COM                291011 10 4           37,523      654,000        654,000         654,000
EXXON MOBIL CORP               COM                30231G 10 2          186,204    2,311,297      2,311,297       2,311,297
FEDERAL REALTY INVT TR         SH BEN INT NEW     313747 20 6           22,630    1,202,942      1,202,942       1,202,942
FEDERAL SIGNAL CORP            COM                313855 10 8           25,213    1,569,700      1,569,700       1,569,700
FIRST SEC CORP DEL             COM                336294 10 3           66,227    2,593,998      2,593,998       2,593,998
GTE CORP                       COM                362320 10 3           16,874      239,142        239,142         239,142
GANNETT INC                    COM                364730 10 1           89,254    1,094,300      1,094,300       1,094,300
GAYLORD ENTMT CO NEW           COM                367905 10 6            5,973      199,531        199,531         199,531
GENERAL ELEC CO                COM                369604 10 3          220,025    1,421,808      1,421,808       1,421,808
GENERAL SEMICONDUCTOR INC      COM                370787 10 3            4,172      294,075        294,075         294,075
GLAXO WELLCOME PLC             SPONSORED ADR      37733W 10 5           44,482      796,100        796,100         796,100
GOODRICH B F CO                COM                382388 10 6           35,820    1,302,560      1,302,560       1,302,560
GRACO INC                      COM                384109 10 4            5,006      139,537        139,537         139,537
GUIDANT CORP                   COM                401698 10 5           95,034    2,022,000      2,022,000       2,022,000
HEWLETT PACKARD CO             COM                428236 10 3          248,714    2,186,500      2,186,500       2,186,500
ILLINOIS TOOL WKS INC          COM                452308 10 9           56,113      830,533        830,533         830,533
INTEL CORP                     COM                458140 10 0          252,411    3,066,500      3,066,500       3,066,500
INTL PAPER CO                  COM                460146 10 3           17,338      307,200        307,200         307,200
JOHNSON & JOHNSON              COM                478160 10 4          159,989    1,715,700      1,715,700       1,715,700
KIMBERLY CLARK CORP            COM                494368 10 3           63,207      965,920        965,920         965,920
KNIGHT RIDDER INC              COM                499040 10 3           65,263    1,095,700      1,095,700       1,095,700
LILLY ELI & CO                 COM                532457 10 8           77,454    1,164,720      1,164,720       1,164,720
LUXOTTICA GROUP S P A          SPONSORED ADR      55068R 20 2           43,950    2,502,500      2,502,500       2,502,500
MCI WORLDCOM INC               COM                55268B 10 6          134,601    2,536,649      2,536,649       2,536,649
MCCORMICK & CO INC             COM NON VTG        579780 20 6           31,130    1,046,400      1,046,400       1,046,400
MCDONALDS CORP                 COM                580135 10 1           64,572    1,601,792      1,601,792       1,601,792
MEAD CORP                      COM                582834 10 7           43,379      998,660        998,660         998,660
MEDIAONE GROUP INC             COM                58440J 10 4           65,314      850,300        850,300         850,300
MERCK & CO INC                 COM                589331 10 7          120,675    1,796,100      1,796,100       1,796,100
MEREDITH CORP                  COM                589433 10 1           47,032    1,128,200      1,128,200       1,128,200
MICROSOFT CORP                 COM                594918 10 4           62,064      531,600        531,600         531,600
MOTOROLA INC                   COM                620076 10 9           52,612      357,300        357,300         357,300
NEWMONT MINING CORP            COM                651639 10 6            5,834      238,120        238,120         238,120
NORDSTROM INC                  COM                655664 10 0           37,935    1,441,700      1,441,700       1,441,700

TOTAL MARKET VALUE - THIS PAGE                                       4,495,859

</TABLE>

                                    PAGE 1
<PAGE>

<TABLE>
<CAPTION>



UCFPR13F 081899                   UNITED STATES STEEL AND CARNEGIE PENSION FUND                  FILE NUMBER: 28-677
DATE 02/09/00                                DECEMBER 31, 1999
TIME 16:09:02       FORM 13F, LIST OF SECURITIES PURSUANT TO SECTION 13(F) OF THE SECURITIES EXCHANGE ACT OF 1934


ITEM 1:                        ITEM 2:            ITEM 3:          ITEM 4:    ITEM 5:       ITEM 6:       ITEM 8:
                                                                              SHARES OR     SHARES        SHARES
                                                                   VALUE      PRINCIPAL     SOLE          SOLE VOTING
NAME OF ISSUER                 TITLE OF CLASS     CUSIP NUMBER     (x$1000)   AMOUNT        DISCRETION    AUTHORITY
<S>                            <C>                <C>             <C>         <C>           <C>          <C>

PACIFICARE HEALTH SYS DEL      CL A               695112 10 2       65,188     1,229,962      1,229,962     1,229,962
PEPSICO INC                    COM                713448 10 8       75,417     2,139,500      2,139,500     2,139,500
PFIZER INC                     COM                717081 10 3       83,575     2,576,500      2,576,500     2,576,500
PHILIP MORRIS COS INC          COM                718154 10 7       44,475     1,933,700      1,933,700     1,933,700
PLACER DOME INC                COM                725906 10 1        2,946       274,000        274,000       274,000
POTLATCH CORP                  COM                737628 10 7       28,712       643,400        643,400       643,400
PROCTER & GAMBLE CO            COM                742718 10 9      132,286     1,207,400      1,207,400     1,207,400
PROLOGIS TR                    SH BEN INT         743410 10 2       61,336     3,186,267      3,186,267     3,186,267
ROHM & HAAS CO                 COM                775371 10 7       50,986     1,253,100      1,253,100     1,253,100
ROUSE CO                       COM                779273 10 1        4,001       188,297        188,297       188,297
ROYAL DUTCH PETE CO            NY REG GLD1.25     780257 80 4      103,199     1,704,000      1,704,000     1,704,000
SARA LEE CORP                  COM                803111 10 3       36,339     1,647,100      1,647,100     1,647,100
SCHLUMBERGER LTD               COM                806857 10 8       49,425       880,620        880,620       880,620
SEAGATE TECHNOLOGY             COM                811804 10 3       90,853     1,951,200      1,951,200     1,951,200
SEALED AIR CORP NEW            COM                81211K 10 0       49,740       960,000        960,000       960,000
SECURITY CAP GROUP INC         CL A               81413P 10 5       46,428        74,285         74,285        74,285
SECURITY CAP GROUP INC         CL B               81413P 20 4         ,698        55,800         55,800        55,800
SIMON PPTY GROUP INC NEW       COM                828806 10 9       18,513       807,122        807,122       807,122
SMITH CHARLES E RESDNTL RLTY   COM                832197 10 7       30,713       868,200        868,200       868,200
STATE STR CORP                 COM                857477 10 3       81,947     1,121,600      1,121,600     1,121,600
SUNTRUST BKS INC               COM                867914 10 3      134,995     1,961,779      1,961,779     1,961,779
SYSCO CORP                     COM                871829 10 7       48,425     1,224,000      1,224,000     1,224,000
TECO ENERGY INC                COM                872375 10 0       18,367       989,468        989,468       989,468
TAUBMAN CTRS INC               COM                876664 10 3       19,442     1,808,600      1,808,600     1,808,600
USX MARATHON GROUP             COM NEW            902905 82 7       14,508       587,680        587,680       587,680
U S BANCORP DEL                COM                902973 10 6       66,107     2,776,162      2,776,162     2,776,162
VALSPAR CORP                   COM                920355 10 4       82,791     1,977,100      1,977,100     1,977,100
WACHOVIA CORP                  COM                929771 10 3       73,611     1,082,522      1,082,522     1,082,522
WAL MART STORES INC            COM                931142 10 3      163,232     2,361,400      2,361,400     2,361,400
WALGREEN CO                    COM                931422 10 9       84,872     2,901,600      2,901,600     2,901,600
WARNER LAMBERT CO              COM                934488 10 7       72,990       890,800        890,800       890,800
WEINGARTEN RLTY INVS           SH BEN INT         948741 10 3       17,148       440,400        440,400       440,400
WELLS FARGO & CO NEW           COM                949746 10 1      107,474     2,657,780      2,657,780     2,657,780
WILEY JOHN & SONS INC          CL A               968223 20 6       29,877     1,783,700      1,783,700     1,783,700
WILLAMETTE INDS INC            COM                969133 10 7       59,621     1,283,900      1,283,900     1,283,900
WISCONSIN ENERGY CORP          COM                976657 10 6       11,915       618,961        618,961       618,961
WRIGLEY WM JR CO               COM                982526 10 5       56,588       682,300        682,300       682,300
TRANSOCEAN SEDCO FOREX INC     COM                G90078 10 9        5,743       170,487        170,487       170,487

TOTAL MARKET VALUE - THIS PAGE                                   2,124,483

TOTAL MARKET VALUE - PENSION PLAN SECURITIES         102         6,620,342


</TABLE>


                                    PAGE 2


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission