UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended June 30, 2000
Check here if amended: [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] add new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Summit Capital Management, LLC
Address: 601 Union Street, Suite 3900
Seattle, WA 98101
Form 13F File Number: 28-7018
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: Matthew C. Rudolf
Title: Managing Director
Phone No.: 206-447-6200
Signature, Place, and Date of Signing:
Matthew C. Rudolf Seattle, Washington August 15, 2000
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).)
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 144
Form 13F Information Table Value Total: $316,426
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
NONE
<PAGE>
<TABLE>
FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
--------------------------------- -------- -------- ---------- ------------ ---------- -------- --------------------
TITLE VALUE SHRS OR SH/ PUT INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
--------------------------------- -------- -------- ---------- -------- --- ---- ---------- -------- ------ ------ ------
<S> <C> <C> <C> <S> <C>
ABIOMED INC COM 00655410 889 28900 SH Sole 28900
ADVANCED DIGITAL INFO COM 007525108 784 49200 SH Sole 49200
AEHR TEST SYSTEMS COM 00760J10 71 10500 SH Sole 10500
AEP INDS INC COM COM 001031103 3675 145550 SH Sole 145550
AGILENT TECHNOLOGIES INC COM 00846u10 1849 25076 SH Sole 25076
AK STL HLDG CORP COM COM 001547108 4613 576603 SH Sole 576603
ALASKA AIR GROUP INC COM COM 011659109 939 34600 SH Sole 34600
ALBANY INTL CORP CL A COM 012348108 185 12779 SH Sole 12779
ALLSTATE CORP COM 020002101 2503 112500 SH Sole 112500
ALUMINUM CO AMER COM 022249106 435 15000 SH Sole 15000
AMBI INC COM 00163N10 113 36800 SH Sole 36800
AMERICA ONLINE INC DEL COM COM 02364J104 1928 36600 SH Sole 36600
AMERICAN EXPRESS CO COM COM 025816109 172 3300 SH Sole 3300
AMERICAN HOME PRODS CP COM COM 026609107 282 4800 SH Sole 4800
AMGEN INC COM COM 031162100 11059 157420 SH Sole 157420
ARCHITEL SYS CORP COM 039917109 20947 794200 SH Sole 794200
ARV ASSISTED LIVING COM 00204C107 808 808000 SH Sole 808000
ASHLAND INC COM 04420410 526 15000 SH Sole 15000
AT&T CORP COM COM 001957109 8680 274460 SH Sole 274460
ATLANTIC GUL COMMUNITIES CORP COM 048556104 5 57100 SH Sole 57100
AULT INC COM COM 051503100 87 13200 SH Sole 13200
AUTOLOGIC INFORMATION INTL INC COM 052803103 1684 612483 SH Sole 612483
BARRICK GOLD CORP COM 067901108 546 30000 SH Sole 30000
BECTON DICKINSON & CO COM 07588710 717 25000 SH Sole 25000
BELCO OIL & GAS CORP COM 07741010 680 80000 SH Sole 80000
BETHLEHEM STL CORP COM COM 087509105 413 115900 SH Sole 115900
BILLING CONCEPTS CORP COM 090063108 1967 443200 SH Sole 443200
BIOVAIL CORP COM 09067J10 1658 29900 SH Sole 29900
BIRMINGHAM STL CORP COM COM 091250100 1003 258900 SH Sole 258900
BOYD GAMING CORP COM 10330410 5526 993400 SH Sole 993400
BURLINGTON RES INC COM COM 122014103 1148 30000 SH Sole 30000
C P CLARE CORP COM COM 12615K107 193 26375 SH Sole 26375
CAMPBELL SOUP CO COM COM 134429109 496 17020 SH Sole 17020
CARRIERL INTL S A COM 14450030 116 10000 SH Sole 10000
CENTEX CORP COM 152312104 588 25000 SH Sole 25000
CHAMPION ENTERPRISES COM COM 158496109 112 23000 SH Sole 23000
CHYRON CORP COM 171605207 186 64600 SH Sole 64600
CITIGROUP INC COM 172967101 542 9000 SH Sole 9000
COLONIAL HIGH INC MUNICIPAL TRUST SH BEN 19574310 98 15800 SH Sole 15800
COUNTRYWIDE CR IND DEL COM 22237210 758 25000 SH Sole 25000
CROWN AMERN RLTY TR COM 228186102 448 83400 SH Sole 83400
CROWN CRAFTS INC COM 228309100 25 25000 SH Sole 25000
CROWN VANTAGE INC COM 228622106 13 67500 SH Sole 67500
CYPRESS BIOSCIENCES COM COM 232674101 19 10000 SH Sole 10000
DATA BROADCASTING CORP COM 23759610 63 10000 SH Sole 10000
DETREX CORP COM 250685104 813 216770 SH Sole 216770
DIAMOND OFFSHORE DRILL COM 25271C10 794 22600 SH Sole 22600
DIME BANCORP INC NEW COM COM 25429Q102 12556 797233 SH Sole 797233
DREXLER TECHNOLOGY CP COM COM 261876106 1320 101500 SH Sole 101500
DSET CORP COM 26250410 304 10000 SH Sole 10000
EARTHLINK NETWORK INC COM 270322100 780 50500 SH Sole 50500
EMERITUS CORP COM COM 291005106 1953 589531 SH Sole 589531
EQUITY RESIDENT PPTYS SH BEN INT COM 29476L107 2244 48787 SH Sole 48787
ESTERLINE TECHNOLOGIES COM 297425100 1199 80600 SH Sole 80600
FRISCO BAY INDS LTD COM 358751105 876 250250 SH Sole 250250
GARDENBURGER INC COM 365476100 187 33200 SH Sole 33200
GENUS INC COM 372461103 148 18100 SH Sole 18100
GLOBAL CROSSING LTD COM G3921A10 7010 266404 SH Sole 266404
GREATERGOOD.COM COM 8350163 236 509301 SH Sole 509301
GREY WOLF INC COM 39788810 1000 200000 SH Sole 200000
GRIFFON CORP COM 398433102 1920 345200 SH Sole 345200
HARRIS % HARRIS GROUP COM 413833104 1453 181600 SH Sole 181600
HCA - HEALTHCARE COM 40411910 1801 59300 SH Sole 59300
HEALTH RISK MGMT COM COM 421935107 2592 414674 SH Sole 414674
HIBERNIA CORP CL A COM 428656102 5892 541800 SH Sole 541800
HMT TECHNOLOGY CORP COM 403917107 107 70000 SH Sole 70000
HOLLINGER INTL INC CL A COM 435569108 6441 472700 SH Sole 472700
HOMESTAKE MNG CO COM COM 437614100 1179 171500 SH Sole 171500
HOVNANIAN ENTERPRISES CL A COM 442487203 1114 185700 SH Sole 185700
HUMANA INC COM COM 444859102 619 127000 SH Sole 127000
ICG COMMUNICATIONS INC COM 449246107 1381 62600 SH Sole 62600
ICO HLDGS INC COM 449293109 261 139000 SH Sole 139000
INNOVATIVE GAMING CORP OF AMERICA COM 45764F107 65 69500 SH Sole 69500
INTERMEDIA COMMUNICATN COM COM 458801107 220 7400 SH Sole 7400
INTL PAPER CO COM COM 460146103 1193 40000 SH Sole 40000
IXL ENTERPRISES INC COM 45071810 394 27200 SH Sole 27200
KAISER VENTURES INC COM 483100103 724 52200 SH Sole 52200
KCS ENERGY INC COM COM 482434206 59 42900 SH Sole 42900
LECHTERS CORP COM COM 523238103 97 76000 SH Sole 76000
LIBERTY FINL COS INC COM 53051210 428 19500 SH Sole 19500
LTV CORP NEW COM COM 501921100 7725 2686850 SH Sole 2686850
MARCHFIRST INC COM 56624410 548 30000 SH Sole 30000
MERCER INTERNATIONAL INC-SBI COM 588056101 1856 223300 SH Sole 223300
MEREDITH CORP COM 58943310 844 25000 SH Sole 25000
MESA AIR GROUP INC COM 590479101 573 103513 SH Sole 103513
MESSAGEMEDIA INC COM 590787107 105 30000 SH Sole 30000
MICROSOFT CORP COM COM 594918104 36906 461322 SH Sole 461322
MITCHELL ENERGY & DEV COM 606592202 1944 60500 SH Sole 60500
MITCHELL ENERGY & DEV CORP CL B COM 606592301 1054 33400 SH Sole 33400
N2H2 INC COM 8856100 338 67500 SH Sole 67500
NEW PLAN EXCEL RLTY TR COM 648053106 2060 158480 SH Sole 158480
NEWMONT MINING CORP COM COM 651639106 459 21248 SH Sole 21248
NUVEEN INVT QUALITY MUNI FUND COM 67062E10 317 25100 SH Sole 25100
OFFICEMAX INC COM COM 67622M108 2306 461200 SH Sole 461200
ONVIA COM INC COM 68338T10 782 90700 SH Sole 90700
OPEN MKT INC COM 68370M10 257 18600 SH Sole 18600
OREGON STL MLS INC COM COM 686079104 1489 768575 SH Sole 768575
PAXSON COMMUNICATIONS CORP COM 704231109 1366 170700 SH Sole 170700
PE CORP CELERA GEN GRP COM 69332s201 460 5000 SH Sole 5000
PERFORMANCE TECH INC COM 71376K102 289 34000 SH Sole 34000
PERINI CORP COM COM 713839108 60 17000 SH Sole 17000
PERRIGO CO COM COM 714290103 1244 197000 SH Sole 197000
PLACER DOME INC COM 725906101 239 25000 SH Sole 25000
PLUM CREEK TIMBER COM 729237107 2956 113700 SH Sole 113700
POGO PRODUCING CO COM COM 730448107 5347 241683 SH Sole 241683
POTOMAC ELEC PWR CO COM 73767910 875 35000 SH Sole 35000
PSC INC COM 69361E107 306 37600 SH Sole 37600
PSINET INC COM 74437C10 503 20000 SH Sole 20000
PUTNAM MASTR INTR INCM SH BEN INT SH BEN 746909100 2052 328250 SH Sole 328250
PYRAMID BREWERIES INC COM COM 747135101 83 51300 SH Sole 51300
QUIPP INC COM COM 748802105 4290 225780 SH Sole 225780
RADIO UNICA COMMUNICATIONS COM 75040Q10 207 29600 SH Sole 29600
RAILAMERICA INC COM 750753105 646 101400 SH Sole 101400
RARE MEDIUM GROUP INC COM 75382N10 1028 65000 SH Sole 65000
RGS ENERGY GROUP INC COM 74956K104 1432 64350 SH Sole 64350
RIMAGE CORP COM 766721104 435 28050 SH Sole 28050
ROYCE MICRO-CAP TR INC COM COM 780915104 1103 109574 SH Sole 109574
ROYCE VALUE TR INC COM COM 780910105 1376 101438 SH Sole 101438
RYERSON TULL INC COM 78375P107 924 89100 SH Sole 89100
SAFECO CORP COM COM 786429100 1030 51800 SH Sole 51800
SCIOS INC COM COM 808905103 374 66479 SH Sole 66479
SEMITOOL INC COM COM 816909105 431 24900 SH Sole 24900
SHURGARD STORAGE CTRS COM 82567D104 5885 261565 SH Sole 261565
SMITHKLINE BEECHAM PLC ADR REP ORD COM 832378301 209 3200 SH Sole 3200
STATION CASINOS INC COM 85768910 1115 44600 SH Sole 44600
STEEL DYNAMICS INC COM 858119100 156 17200 SH Sole 17200
STERLING FINL CORP WA COM 859319105 827 71895 SH Sole 71895
STEWART&STEVENSON SVCS COM COM 860342104 1143 75900 SH Sole 75900
TANDYCRAFTS INC COM COM 875386104 2431 864100 SH Sole 864100
TEGAL CORP COM 879008100 1087 164106 SH Sole 164106
TESORO PETE CORP COM 88160910 506 50000 SH Sole 50000
TRIARC COS INC CL A COM 895927101 24976 1218339 SH Sole 1218339
TRICO MARINE SVCS INC COM COM 896106101 467 36600 SH Sole 36600
UNISYS CORP COM COM 909214108 4655 319650 SH Sole 319650
UNITEDGLOBALCOM COM 91324750 1777 38000 SH Sole 38000
US WATS INC COM COM 90337P109 49 40000 SH Sole 40000
USX-U S STL COM COM 90337T101 2166 116700 SH Sole 116700
VAN KAMPEN NEW YORK QUALITY MUNICIPA COM 920922101 175 12700 SH Sole 12700
VERAMARK TECHNOLOGIES INC COM 923351100 1756 460700 SH Sole 460700
VIRTUALFUND COM INC COM 92825A107 66 27300 SH Sole 27300
VOLT INFORMATION SCIEN COM COM 928703107 25538 775324 SH Sole 775324
WASHINGTON MUT INC COM COM 939322103 7097 245786 SH Sole 245786
WEIRTON STL CORP COM COM 948774104 6707 2063566 SH Sole 2063566
ZWEIG TOTAL RETURN FUND INC COM 98983710 117 17700 SH Sole 17700
</TABLE>
