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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
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: Chesapeake Asset Management, LLC
Address: One Rockefeller Plaza
Suite 1210
New York, NY 10020
Form 13F File Number: 28-7490
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: Cathaleen Lindsay
Title: 13F Compliance Officer
Phone: 212-218-4040
Signature, Place, and Date of Signing:
/s/ Cathaleen Lindsay New York, NY 11/14/00
_______________________ _____________________ _________
[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.)
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[ ] 13F NOTICE. (Check her if no holdings reported are in
this report, and all holdings are reported by other
reporting manger(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.]
2
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Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 96
Form 13F Information Table Value Total: $191,896
(in thousands)
List of Other Included Managers: NONE
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.
[If there are no entries in this list, state "NONE" and omit the
column headings and list entries.]
No. Form 13F File Number Name
28-
[Repeat as necessary.]
3
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<TABLE>
CHEASPEAKE ASSET MANAGEMENT LLC
FORM 13F INFORMATION TABLE
AS OF DATE: 9/30/00
<CAPTION>
(COLUMN 1) (COLUMN 2) (COLUMN 3) (COLUMN 4)(COLUMN 5) (COLUMN 6) (COLUMN 7) (COLUMN 8)
--------- -------- -------- -------- -------- --------- -------- --------
INVESTMENT DISCRETION VOTING AUTHORITY (SHARES)
SHARED
TITLE CUSIP FAIR MARKET SHRS OR SOLE SHARED OTHER OTHER SOLE SHARED NONE
NAME OF ISSUER OF CLASS NUMBER VALUE PRN AMT (A) (B) (C) MGR. (A) (B) (C)
-------------- -------- ------ ----------- ------- --- ----- ---- ------ ------ ------- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ACUSON CORP. COMMON 005113105 2,732,275 120,100 X 37,900 82,200
ADVO INC. COMMON 007585102 2,093,586 63,442 X 25,250 38,192
AES CORP. COMMON 00130H105 822,188 12,000 X 12,000 0
AFLAC INC. COMMON 001055102 11,949,421 184,904 X 69,374 115,530
ALCATEL ALSHTOM
SPND ADR COMMON 013904305 208,808 3,321 X 3,321 0
ALLSTATE CORP COMMON 020002101 237,829 6,844 X 6,844 0
AMERADA HESS CORP. COMMON 023551104 1,194,834 17,850 X 6,300 11,550
AMERICA ONLINE INC. COMMON 02364J104 3,805,500 70,800 X 38,700 32,100
AMERICAN EXPRESS CO. COMMON 025816109 926,923 15,258 X 11,511 3,747
AMERICAN HOME
PRODUCTS COMMON 026609107 469,560 8,320 X 5,400 2,920
AMERICAN INTERNATIONAL
GROUP INC. COMMON 026874107 237,305 2,480 X 1,264 1,216
ANHEUSER BUSCH
COS. INC. COMMON 035229103 2,351,560 55,576 X 21,792 33,784
APACHE CORP. COMMON 37411105 709,500 12,000 X 12,000 0
ARCHER DANIELS
MIDLAND COMMON 039483102 693,088 80,358 X 46,639 33,719
BJS WHSL CLUB INC. COMMON 05548J106 3,999,171 115,918 X 40,992 74,926
BP AMOCO ADS COMMON 055622104 280,105 5,285 X 1,058 4,227
BAKER HUGHES INC. COMMON 057224107 259,875 7,000 X 7,000 0
BANK ONE CORP. COMMON 06423A103 2,531,156 66,500 X 38,700 27,800
BAXTER INTERNATIONAL
INC. COMMON 071813109 1,517,315 19,011 X 10,216 8,795
BRISTOL MYERS SQUIBB COMMON 110122108 354,545 6,166 X 2,000 4,166
BRITISH TELECOM PLC COMMON 111021408 851,147 7,950 X 3,650 4,300
CABLETRON SYSTEMS INC. COMMON 126920107 1,010,670 34,260 X 21,260 13,000
CADBURY SCHWEPPES PLC COMMON 127209302 400,977 16,664 X 8,374 8,290
CARNIVAL CORP. CL A COMMON 143658102 1,011,373 41,071 X 20,000 21,071
CHASE MANHATTAN CORP. COMMON 16161A108 4,340,470 93,975 X 48,301 45,674
CHUBB CORP. COMMON 171232101 822,900 10,400 X 7,000 3,400
CHURCH & DWIGHT INC. COMMON 171340102 260,741 14,190 X 1,700 12,490
CISCO SYSTEMS INC. COMMON 17275R102 255,255 4,620 X 4,620 0
CITIGROUP INC. COMMON 172967101 4,980,940 92,133 X 48,401 43,732
COMPAQ COMPUTER CORP. COMMON 204493100 1,252,160 45,500 X 30,000 15,500
COPYTELE INC. COMMON 217721109 35,875 28,000 X 28,000 0
CORNING INC. COMMON 219350105 594,000 6,000 X 1,200 4,800
4
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EQUITY RESIDENTIAL
PPTYS COMMON 29476L107 216,240 4,505 X 3,233 1,272
SUBTOTAL 53,407,292
ERICSSON L M
TEL CO. A COMMON 294821400 7,764,090 524,158 X 185,500 338,658
EXXON CORP. COMMON 302290101 31,119,818 349,247 X 337,355 11,892
FEDEX CORP. COMMON 31428X106 523,212 11,800 X 6,600 5,200
FEDERAL NAT MTG
ASSN. COMMON 313586109 2,547,188 35,625 X 13,300 22,325
FIRST HEALTH
GROUP CO. COMMON 320960107 589,433 18,277 X 5,000 13,277
GENERAL ELECTRIC CO. COMMON 369604103 9,601,384 166,078 X 36,300 129,778
GENERAL MOTORS CORP. COMMON 370442105 1,826,500 28,100 X 19,800 8,300
GLOBAL CROSSING LTD. COMMON G3921A100 2,919,115 94,165 X 54,565 39,600
HALLIBURTON CO. COMMON 406216101 489,375 10,000 X 10,000 0
HOMEBASE INC. COMMON 43738E108 50,409 23,044 X 2,222 20,822
IMPERIAL CHEMICAL
INDS PLC COMMON 452704505 449,810 19,425 X 13,400 6,025
INTEL CORP. COMMON 458140100 216,125 5,200 X 1,600 3,600
INTL BUSINESS
MACHINES COMMON 459200101 3,735,321 33,166 X 20,668 12,498
JOHNSON & JOHNSON COMMON 478160104 227,834 2,425 X 76 2,349
ELI LILLY & CO. COMMON 532457108 3,273,394 40,350 X 22,200 18,150
LOCKHEED MARTIN CORP. COMMON 539830109 4,279,451 129,956 X 56,700 73,256
LORAL SPACE & COMMUN COMMON G56462107 2,328,750 380,204 X 154,554 225,650
MATRIXONE INC. COMMON 57685P304 1,600,000 40,000 X 26,500 13,500
MERCK & CO. INC. COMMON 589331107 5,431,109 72,962 X 27,300 45,662
MINIMED INC. COMMON 60365K108 893,750 10,000 X 10,000 0
MOTOROLA INC. COMMON 620076109 1,736,684 60,015 X 21,600 38,415
NEWS CORP LTD. ADR COMMON 652487703 2,853,581 50,900 X 23,500 27,400
NEWSCORP LTD. SPON ADR COMMON 652487802 726,562 15,500 X 1,500 14,000
ORACLE SYSTEMS CORP. COMMON 68389X105 1,476,563 37,500 X 20,100 17,400
PARAMETRIC TECHNOLOGY COMMON 699173100 1,580,469 144,500 X 78,200 66,300
PEPSICO INC. COMMON 713448108 1,195,573 25,991 X 16,691 9,300
PFIZER INC. COMMON 717081103 1,303,444 29,017 X 29,017
PITNEY BOWES INC. COMMON 724479100 449,587 11,400 X 9,000 2,400
SUBTOTAL 91,188,531
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PIXAR COMMON 725811103 1,519,512 47,300 X 30,900 16,400
PROCTER & GAMBLE CO. COMMON 742718109 225,790 3,370 X 1,000 2,370
PXRE CORP. COMMON 693674103 1,344,389 85,358 X 46,600 38,758
QUALCOMM INC. COMMON 747525103 4,723,875 66,300 X 33,600 32,700
QWEST COMMUNICATIONS COMMON 749121109 732,992 15,231 X 13,991 1,240
REDWOOD TR INC PFD CV CONVERT 758075600 213,600 8,900 X 8,900 0
ROYAL DUTCH
PETROLEUM NY COMMON 780257804 3,953,178 65,955 X 17,100 48,855
SBC COMMUNICATIONS
INC. COMMON 78387G103 490,022 9,825 X 6,240 3,585
SCHLUMBERGER LTD. COMMON 806857108 2,832,291 34,409 X 9,924 24,485
SCIENTIFIC
ATLANTA INC. COMMON 808655104 1,043,450 16,400 X 10,000 6,400
SINGER CO. N V COMMON 82930F109 0 18,900 X 9,000 9,900
SONY CORP ADR COMMON 835699307 1,988,469 19,700 X 13,300 6,400
SOUTHDOWN INC. COMMON 841297104 871,245 12,228 X 3,168 9,060
SOUTHWEST AIRLINES CO. COMMON 844741108 218,250 9,000 X 9,000 0
SPDR TR UNIT SER 1 COMMON 78462F103 445,237 3,100 X 1,500 1,600
TELECOM HOLDERS TR DEP COMMON 87927P200 993,750 15,000 X 11,000 4,000
TELEFONICA S A ADR COMMON 879382208 1,030,409 17,336 X 6,363 10,973
TEXACO INC. COMMON 881694103 595,875 11,350 X 5,200 6,150
TEXAS INSTRUMENTS INC. COMMON 882508104 871,700 18,400 X 18,400 0
TIME WARNER INC. COMMON 887315109 302,040 3,856 X 3,856
TOOTSIE ROLL INDS. INC. COMMON 890516107 777,182 19,801 X 7,378 12,423
TRANSOCEAN SEDCO FOREX COMMON G90078109 642,823 10,965 X 4,645 6,320
TRIANGLE
PHARMACEUTICALS COMMON 89589H104 162,422 19,250 X 19,250 0
TYCO INTERNATIONAL
LTD. COMMON 902124106 3,389,097 65,332 X 32,800 32,532
UNILEVER N V COMMON 904784501 5,560,475 115,243 X 47,430 67,813
UNION PACIFIC CORP. COMMON 907818108 226,383 5,814 X 5,664 150
UNITEDHEALTH GROUP INC COMMON 91324P102 294,966 2,987 X 2,987 0
UST INC. COMMON 902911106 729,484 31,890 X 14,100 17,790
VERIZON COMMUNICATION COMMON 92343V104 302,105 6,237 X 2,147 4,090
VODAFONE GROUP PLC COMMON 92857T107 279,905 7,565 X 1,165 6,400
WACHOVIA CORP. COMMON 929771103 1,814,000 32,000 X 10,650 21,350
WALT DISNEY CO. COMMON 254687106 4,136,057 108,132 X 43,802 64,330
WEBMD CORP. COMMON 94769M105 911,188 59,750 X 25,800 33,950
WORLDCOM INC COMMON 98157D106 1,932,047 63,606 X 25,413 38,193
XL CAPITAL LTD. CL A COMMON G98255105 1,746,400 23,600 X 15,200 8,400
SUBTOTAL 47,300,608
SUBTOTAL PAGE 1 53,407,292
SUBTOTAL PAGE 2 91,188,531
TOTAL 191,896,431
</TABLE>
6
02322001.AG1
