UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 2000
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Check here if Amendment [ ] ; Amendment Number:
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This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Shay Assets Management, Inc.
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Address: 230 West Monroe Street, Suite 2810
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Chicago, IL 60606
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Form 13F File Number: 28-7232
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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: Edward E. Sammons, Jr.
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Title: President
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Phone: (312) 214-6590
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Signature, Place, and Date of Signing:
/s/ Edward E. Sammons, Jr. Chicago, IL 10/27/2000
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Signature City, State Date
Report Type:
[ X ] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: NONE
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Form 13F Information Table Entry Total: 31
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Form 13F Information Table Value Total: $ 165,250
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(thousands)
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<TABLE>
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
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INVESTMENT
DISCRETION VOTING AUTHORITY
TITLE OF VALUE SHRS OR SH/ PUT/ SHARED SHARED OTHER
NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED NONE
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<S> <C> <C> <C> <C> <C> <C>
Abbott Laboratories common 002824100 7,134 150,000 X X
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Albertsons Inc common 013104104 1,680 80,000 X X
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American Express common 025816109 2,734 45,000 X X
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Automatic Data Processing common 053015103 9,028 135,000 X X
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Berkshire Hathaway common 084670108 3,864 60 X X
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Bristol-Myers Squibb common 110122108 4,284 75,000 X X
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Campbell Soup Company common 134429109 1,941 75,000 X X
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Cintas Corp common 172908105 6,752 155,000 X X
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Clorox Co common 189054109 6,726 170,000 X X
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Coca-Cola Company common 191216100 6,615 120,000 X X
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Emerson Electric Co common 291011104 8,040 120,000 X X
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Fannie Mae common 313586109 8,580 120,000 X X
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Freddie Mac common 313400301 8,380 155,000 X X
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Gannett Co Inc common 364730101 5,565 105,000 X X
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Gap Inc common 364760108 3,824 190,000 X X
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<PAGE>
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
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INVESTMENT
DISCRETION VOTING AUTHORITY
TITLE OF VALUE SHRS OR SH/ PUT/ SHARED SHARED OTHER
NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED NONE
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Gillette Co common 375766102 4,631 150,000 X X
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Home Depot common 437076102 3,184 60,000 X X
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Illinois Tool Works common 452308109 4,191 75,000 X X
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Int'l Flavors & Fragrances common 459506101 1,460 80,000 X X
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Intel Corp common 458140100 4,579 110,000 X X
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Interpublic Group of Cos common 460690100 5,450 160,000 X X
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Johnson & Johnson common 478160104 7,985 85,000 X X
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M&T Bank Corp common 55261F104 2,550 5,000 X X
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McDonald's Corp common 580135101 4,528 150,000 X X
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Merck & Co common 589331107 7,072 95,000 X X
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Microsoft Corp common 594918104 4,820 80,000 X X
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Pitney Bowes Inc common 724479100 6,507 165,000 X X
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Sysco Corporation common 871829107 8,336 180,000 X X
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Wal-Mart Stores common 931142103 5,775 120,000 X X
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Walgreen Company common 931422109 3,794 100,000 X X
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<PAGE>
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
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INVESTMENT
DISCRETION VOTING AUTHORITY
TITLE OF VALUE SHRS OR SH/ PUT/ SHARED SHARED OTHER
NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED NONE
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Wrigley Wm Jr Co common 982526105 5,241 70,000 X X
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COLUMN TOTAL 165,250
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</TABLE>
