UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 31, 2000
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: VMF Capital, L.L.C.
Address: 118 Third Avenue SE
Suite 700
Cedar Rapids, IA 52401
13F File Number: 801-55404
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: Donald E Flynn
Title: President
Phone: 319-861-2200
Signature, Place and Date of Signing:
Donald E Flynn Cedar Rapids, Iowa January 11, 2001
Report Type (Check only one.):
[ x ] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
<PAGE>
FORM 13F SUMMARY PAGE
AS OF DATE: 12/31/99
REPORT SUMMARY:
NUMBER OF OTHER INCLUDED MANAGERS: 0
FORM 13F INFORMATION TABLE ENTRY TOTAL: 156
FORM 13F INFORMATION TABLE VALUE TOTAL: $509,241,000
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<TABLE>
FORM 13F
INFORMATION TABLE
AS OF DATE: 12/31/00
<CAPTION>
VALUE SHARES/ SH/ PUT INVSTMT OTH VOTING AUTHORITY
NAME OF ISSUER CLASS CUSIP x$1000 PRN AMT PRN CAL DSCRETN MAN SOLE SHARED NONE
------------------------------ ------- ---------- ------ ------ --- --- ---- --- ---- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ABBOTT LABS .................. COM 002824100 6455 133265 SH 0 SOLE 0 133265 0 0
ACE LIMITED INCOME PRIDES .... COM 004408209 430 5000 SH 0 SOLE 0 5000 0 0
ADVO INC ..................... COM 007585102 501 11300 SH 0 SOLE 0 11300 0 0
AEGON N V .................... COM 007924103 491 11846 SH 0 SOLE 0 11846 0 0
AFFILIATED MANAGERS GROUP .... COM 008252108 566 10310 SH 0 SOLE 0 10310 0 0
AGILENT TECHNOLOGIES INC ..... COM 00846U101 3795 69317 SH 0 SOLE 0 69317 0 0
ALBERTSONS INC ............... COM 013104104 4161 157025 SH 0 SOLE 0 157025 0 0
ALCOA INC .................... COM 013817101 8005 238970 SH 0 SOLE 0 238970 0 0
ALLIANT TECHSYSTEMS INC ...... COM 018804104 336 5035 SH 0 SOLE 0 5035 0 0
AMERICA ONLINE INC ........... COM 02364J104 2557 73490 SH 0 SOLE 0 73490 0 0
AMERICAN EXPRESS CO .......... COM 025816109 3583 65226 SH 0 SOLE 0 65226 0 0
AMERICAN HOME PRODUCTS CORP .. COM 026609107 339 5330 SH 0 SOLE 0 5330 0 0
AMERICAN INTL GROUP INC ...... COM 026874107 10573 107273 SH 0 SOLE 0 107273 0 0
AMPHENOL CORPORATION ......... COM 032095101 330 8410 SH 0 SOLE 0 8410 0 0
ANHEUSER BUSCH CO ............ COM 035229103 7466 164090 SH 0 SOLE 0 164090 0 0
APOLLO GROUP INC CL A ........ COM 037604105 1795 36500 SH 0 SOLE 0 36500 0 0
APPLIED MATERIALS INC ........ COM 038222105 5830 152655 SH 0 SOLE 0 152655 0 0
AREMISSOFT CORP .............. COM 040026106 615 28800 SH 0 SOLE 0 28800 0 0
ARQULE INC ................... COM 04269E107 421 13150 SH 0 SOLE 0 13150 0 0
ATHENA NEUROSCI 4.750% 11/15/0 CONV BD 046854AB1 5080 3800000 PRN 0 SOLE 0 3800000 0 0
ATMEL CORP ................... COM 049513104 724 62245 SH 0 SOLE 0 62245 0 0
ATMOS ENERGY CORP ............ COM 049560105 1219 50000 SH 0 SOLE 0 50000 0 0
BANKNORTH GROUP INC .......... COM 06646R107 1613 80895 SH 0 SOLE 0 80895 0 0
BARRA INC .................... COM 068313105 602 12772 SH 0 SOLE 0 12772 0 0
BB&T CORP .................... COM 054937107 4617 123745 SH 0 SOLE 0 123745 0 0
BJS WHSL CLUB INC .......... COM 05548J106 806 21000 SH 0 SOLE 0 21000 0 0
BP AMOCO PLC ............... COM 055622104 4175 87199 SH 0 SOLE 0 87199 0 0
CARNIVAL CORP .............. COM 143658102 234 7605 SH 0 SOLE 0 7605 0 0
CENDANT CORP RT PUR PRIDES 0 WARR/RGTS 151313111 230 39600 SH 0 SOLE 0 39600 0 0
CENTEX CORP ................ COM 152312104 1503 40020 SH 0 SOLE 0 40020 0 0
CHRISTOPHER & BANKS CORP ... COM 171046105 339 12025 SH 0 SOLE 0 12025 0 0
CISCO SYSTEMS INC .......... COM 17275R102 4656 121735 SH 0 SOLE 0 121735 0 0
CITIGROUP INC .............. COM 172967101 16470 322551 SH 0 SOLE 0 322551 0 0
CITY NATIONAL CORP ......... COM 178566105 466 12010 SH 0 SOLE 0 12010 0 0
CONCORD CAMERA CORP ........ COM 206156101 263 15925 SH 0 SOLE 0 15925 0 0
CONSTELLATION BRANDS ....... COM 21036P108 514 8750 SH 0 SOLE 0 8750 0 0
CUMMINS ENGINE INC ......... COM 231021106 1763 46460 SH 0 SOLE 0 46460 0 0
C&D TECHNOLOGIES INC ....... COM 124661109 377 8735 SH 0 SOLE 0 8735 0 0
DAVITA INC ................. COM 23918K108 3522 205690 SH 0 SOLE 0 205690 0 0
DIAMONDS TR UNIT SER 1 ..... COM 252787106 1811 16960 SH 0 SOLE 0 16960 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 2669 55242 SH 0 SOLE 0 55242 0 0
E M C CORP MASS ............ COM 268648102 5289 79535 SH 0 SOLE 0 79535 0 0
EL PASO ELECTRIC CO ........ COM 283677854 488 36960 SH 0 SOLE 0 36960 0 0
ELAN PLC ADR ............... COM 284131208 530 11325 SH 0 SOLE 0 11325 0 0
EMERSON ELECTRIC CO ........ COM 291011104 4687 59475 SH 0 SOLE 0 59475 0 0
EOG RESOURCES INC .......... COM 26875P101 4992 91390 SH 0 SOLE 0 91390 0 0
EQUITABLE RESOURCES INC .... COM 294549100 541 8100 SH 0 SOLE 0 8100 0 0
EXTREME NETWORKS INC ....... COM 30226D106 2165 55330 SH 0 SOLE 0 55330 0 0
EXXON CORPORATION .......... COM 30231G102 12114 139340 SH 0 SOLE 0 139340 0 0
FEDERAL NAT'L MORTGAGE ASSN COM 313586109 14324 165120 SH 0 SOLE 0 165120 0 0
FIRSTAR CORP ............... COM 33763V109 6980 300199 SH 0 SOLE 0 300199 0 0
FORTUNE BRANDS INC ......... COM 349631101 1123 37430 SH 0 SOLE 0 37430 0 0
FURNITURE BRANDS INTL INC .. COM 360921100 3477 165100 SH 0 SOLE 0 165100 0 0
GENERAL ELECTRIC CO ........ COM 369604103 16104 335944 SH 0 SOLE 0 335944 0 0
GENTEK INC ................. COM 37245X104 331 20040 SH 0 SOLE 0 20040 0 0
GILLETTE CO ................ COM 375766102 2995 82900 SH 0 SOLE 0 82900 0 0
GREAT BEAR TECHNOLOGY INC .. COM 390158103 35 3463800 SH 0 SOLE 0 3463800 0 0
HANCOCK JOHN FINL SVCS INC . COM 41014S106 2803 74505 SH 0 SOLE 0 74505 0 0
HEARTLAND EXPRESS INC ...... COM 422347104 2255 98850 SH 0 SOLE 0 98850 0 0
HERCULES INC ............... COM 427056106 3231 169475 SH 0 SOLE 0 169475 0 0
HEWLETT PACKARD CO ......... COM 428236103 6566 208040 SH 0 SOLE 0 208040 0 0
HOME DEPOT INC ............. COM 437076102 5696 124663 SH 0 SOLE 0 124663 0 0
HOUSEHOLD INTL CORP ........ COM 441815107 6305 114645 SH 0 SOLE 0 114645 0 0
I B M ...................... COM 459200101 7331 86250 SH 0 SOLE 0 86250 0 0
ILLUMINET HLDGS INC ........ COM 452334105 364 15852 SH 0 SOLE 0 15852 0 0
INTEL CORP ................. COM 458140100 2965 98635 SH 0 SOLE 0 98635 0 0
INVERNESS MED TECHNOLOGY ... COM 461268104 440 11300 SH 0 SOLE 0 11300 0 0
IVAX CORP .................. COM 465823102 4070 106269 SH 0 SOLE 0 106269 0 0
JOHNSON & JOHNSON .......... COM 478160104 3930 37405 SH 0 SOLE 0 37405 0 0
KEMET CORP ................... COM 488360108 178 11800 SH 0 SOLE 0 11800 0 0
KENNETH COLE PRODUCTIONS INC . COM 193294105 554 13762 SH 0 SOLE 0 13762 0 0
KEYSPAN CORP ................. COM 49337W100 5288 124790 SH 0 SOLE 0 124790 0 0
KING PHARMACEUTICALS INC ..... COM 495582108 445 8618 SH 0 SOLE 0 8618 0 0
KNIGHT TRADING GROUP INC ..... COM 499063105 730 52395 SH 0 SOLE 0 52395 0 0
KROGER CO .................... COM 501044101 9219 340645 SH 0 SOLE 0 340645 0 0
LEARNING TREE INTL INC ....... COM 522015106 407 8220 SH 0 SOLE 0 8220 0 0
LONE STAR TECHNOLOGIES INC ... COM 542312103 340 8840 SH 0 SOLE 0 8840 0 0
L-3 COMMUNICATIONS 5.250% 06/0 CONV BD 502424AA2 2598 2340000 PRN 0 SOLE 0 2340000 0 0
MANOR CARE INC ............... COM 564055101 3268 158465 SH 0 SOLE 0 158465 0 0
MARTIN MARIETTA MATERIALS INC COM 573284106 4787 113158 SH 0 SOLE 0 113158 0 0
MAXIM INTEGRATED PRODS INC ... COM 57772K101 4270 89300 SH 0 SOLE 0 89300 0 0
MCLEOD INC ................... COM 582266102 2065 146200 SH 0 SOLE 0 146200 0 0
MEDTRONIC INC ................ COM 585055106 6119 101346 SH 0 SOLE 0 101346 0 0
MERCK & CO INC ............... COM 589331107 16218 173225 SH 0 SOLE 0 173225 0 0
MERRILL LYNCH & CO INC ....... COM 590188108 6784 99495 SH 0 SOLE 0 99495 0 0
METTLER-TOLEDO INC ........... COM 592688105 6699 123200 SH 0 SOLE 0 123200 0 0
MICROSOFT CORP ............... COM 594918104 2080 47950 SH 0 SOLE 0 47950 0 0
MIDCAP SPDR TR UNIT SER 1 .... COM 595635103 1819 19269 SH 0 SOLE 0 19269 0 0
MILLENNIUM PHARMACEUTICALS INC COM 599902103 1615 26100 SH 0 SOLE 0 26100 0 0
MORGAN J P & CO INC .......... COM 616880100 5690 34380 SH 0 SOLE 0 34380 0 0
MOTOROLA INC ................. COM 620076109 212 10475 SH 0 SOLE 0 10475 0 0
M-SYSTEMS FLASH DISK PIONEER L COM M7061C100 196 14040 SH 0 SOLE 0 14040 0 0
NABORS INDUSTRIES INC ........ COM 629568106 3882 65625 SH 0 SOLE 0 65625 0 0
NEWPORT CORP ................. COM 651824104 222 2820 SH 0 SOLE 0 2820 0 0
NL INDUSTRIES INC ............ COM 629156407 560 23100 SH 0 SOLE 0 23100 0 0
NOBLE DRILLING CORP .......... COM 655042109 3790 87255 SH 0 SOLE 0 87255 0 0
NOKIA ADR .................... COM 654902204 7269 167094 SH 0 SOLE 0 167094 0 0
NORTEL NETWORKS CORP NEW ..... COM 656568102 2036 63495 SH 0 SOLE 0 63495 0 0
OCEAN ENERGY INC ............. CO 67481E106 526 30275 SH 0 SOLE 0 30275 0 0
ORACLE CORP .................. CM 68389X105 2593 89230 SH 0 SOLE 0 89230 0 0
OUTBACK STEAKHOUSE INC ....... CM 689899102 4048 156430 SH 0 SOLE 0 156430 0 0
OXFORD HEALTH PLANS INC ...... COM 691471106 1704 43150 SH 0 SOLE 0 43150 0 0
PACKARD BIOSCIENCE INC ....... COM 695172205 3519 302675 SH 0 SOLE 0 302675 0 0
PERFORMANCE FOOD GROUP CO .... COM 713755106 2407 46945 SH 0 SOLE 0 46945 0 0
PFIZER INC ................... COM 717081103 7600 165220 SH 0 SOLE 0 165220 0 0
PHARMACOPEIA INC ............. COM 71713B104 207 9470 SH 0 SOLE 0 9470 0 0
PHILLIPS PETROLEUM CO ........ COM 718507106 711 12500 SH 0 SOLE 0 12500 0 0
PMI GROUP INC ................ COM 69344M101 5199 76810 SH 0 SOLE 0 76810 0 0
PROCTER & GAMBLE CO .......... COM 742718109 3299 42056 SH 0 SOLE 0 42056 0 0
PROVINCE HEALTHCARE 144A 4.500 CONV BD 743977AA8 566 500000 PRN 0 SOLE 0 500000 0 0
QUALCOMM INC ................. COM 747525103 756 9200 SH 0 SOLE 0 9200 0 0
RADIAN GROUP INC ............. COM 750236101 531 7080 SH 0 SOLE 0 7080 0 0
RAINBOW TECHNOLOGIES INC ..... COM 750862104 413 26100 SH 0 SOLE 0 26100 0 0
RARE HOSPITALITY INTL INC .... COM 753820109 328 14695 SH 0 SOLE 0 14695 0 0
RENAISSANCERE HLDGS LTD ...... COM G7496G103 326 4160 SH 0 SOLE 0 4160 0 0
RH DONNELLEY CORP COM ........ COM 74955W307 312 12850 SH 0 SOLE 0 12850 0 0
RIGHTCHOICE MANAGED CARE INC . COM 76657T102 512 14700 SH 0 SOLE 0 14700 0 0
ROSS STORES INC .............. COM 778296103 1616 95790 SH 0 SOLE 0 95790 0 0
ROYAL CARIBBEAN CRUISES LTD .. COM V7780T103 5346 202105 SH 0 SOLE 0 202105 0 0
ROYAL DUTCH PETRO - NY SHARES COM 780257804 3929 64870 SH 0 SOLE 0 64870 0 0
RYANAIR HOLDINGS PLC ADR ..... COM 783513104 686 12310 SH 0 SOLE 0 12310 0 0
S & P DEPOSITORY RECEIPTS .... COM 78462F103 9429 71872 SH 0 SOLE 0 71872 0 0
SANMINA CORP ................. COM 800907107 3213 83870 SH 0 SOLE 0 83870 0 0
SCHLUMBERGER LTD ............. COM 806857108 6542 81843 SH 0 SOLE 0 81843 0 0
SCHOLASTIC CORP .............. COM 807066105 610 6885 SH 0 SOLE 0 6885 0 0
SCP POOL CORP ................ COM 784028102 551 18315 SH 0 SOLE 0 18315 0 0
SECURE COMPUTING CORP ........ COM 813705100 213 21580 SH 0 SOLE 0 21580 0 0
SERVICE CORP ................. COM 817565104 22 12636 SH 0 SOLE 0 12636 0 0
SILICON VALLEY BANCSHARES .... COM 827064106 348 10060 SH 0 SOLE 0 10060 0 0
SOUTHWEST AIRLINES CO ........ COM 844741108 6722 200474 SH 0 SOLE 0 200474 0 0
SOUTHWEST SEC KNIGHT/TRIMARK D CONV PFD 845224203 1601 28250 SH 0 SOLE 0 28250 0 0
SPRINT CORP .................. COM 852061100 946 46565 SH 0 SOLE 0 46565 0 0
ST JOE CO .................... COM 790148100 441 20040 SH 0 SOLE 0 20040 0 0
STANDARD PAC CORP ............ COM 85375C101 504 21575 SH 0 SOLE 0 21575 0 0
STATE STREET CORP ............ COM 857477103 355 2860 SH 0 SOLE 0 2860 0 0
SUN MICROSYSTEMS INC ......... COM 866810104 12989 465981 SH 0 SOLE 0 465981 0 0
SUNGARD DATA SYSTEMS INC ..... COM 867363103 8365 177510 SH 0 SOLE 0 177510 0 0
TARGET CORP .................. COM 87612E106 4888 151567 SH 0 SOLE 0 151567 0 0
TEEKAY SHIPPING CORP ......... COM Y8564W103 398 10485 SH 0 SOLE 0 10485 0 0
TENET HEALTHCARE CORP ........ COM 88033G100 3821 85975 SH 0 SOLE 0 85975 0 0
TENNESSEE VALLEY AUTH PARRS 6 PFD STK 880591409 369 16000 SH 0 SOLE 0 16000 0 0
TENNESSEE VALLEY AUTH PFD 1/4D PFD STK 880591300 304 13008 SH 0 SOLE 0 13008 0 0
TEXAS INSTRUMENTS INC ........ COM 882508104 4673 98636 SH 0 SOLE 0 98636 0 0
TYCO INTL LTD ................ COM 902124106 13834 249265 SH 0 SOLE 0 249265 0 0
VALERO ENERGY CORP ........... COM 91913Y100 413 11100 SH 0 SOLE 0 11100 0 0
VARIAN INC ................... COM 922206107 296 8735 SH 0 SOLE 0 8735 0 0
VERITAS SOFTWARE CO .......... COM 923436109 793 9061 SH 0 SOLE 0 9061 0 0
VERIZON COMMUNICATIONS ....... COM 92343V104 6840 136453 SH 0 SOLE 0 136453 0 0
VINTAGE PETROLEUM INC ........ COM 927460105 310 14400 SH 0 SOLE 0 14400 0 0
WAL MART STORES INC .......... COM 931142103 11537 217165 SH 0 SOLE 0 217165 0 0
WASHINGTON MUTUAL INC ........ COM 939322103 9409 177328 SH 0 SOLE 0 177328 0 0
WELLS FARGO .................. COM 949746101 10755 193135 SH 0 SOLE 0 193135 0 0
WHIRLPOOL CORP ............... COM 963320106 1536 32205 SH 0 SOLE 0 32205 0 0
WILLIAMS COMPANIES INC ....... COM 969457100 3327 83295 SH 0 SOLE 0 83295 0 0
WIRELESS HOLDERS ............. COM 97653L208 1268 15000 SH 0 SOLE 0 15000 0 0
WORLDCOM INC GA NEW .......... COM 98157D106 1112 79089 SH 0 SOLE 0 79089 0 0
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