<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: June 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 8/14/00
_______________________ _____________________ _________
[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.)
<PAGE>
[ ] 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
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 76
Form 13F Information Table Value Total: $183,187
(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
<PAGE>
<TABLE>
CHEASPEAKE ASSET MANAGEMENT LLC
FORM 13F INFORMATION TABLE
AS OF DATE: 6/30/00
<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 1,638,225 121,350 X 43,600 77,750
ADVO INC. COMMON 007585102 2,648,703 63,442 X 25,250 38,192
AES CORP. COMMON 00130H105 547,500 12,000 X 12,000 0
AFLAC INC. COMMON 001055102 8,521,590 185,504 X 69,374 116,130
ALCATEL ALSHTOM
SPND ADR COMMON 013904305 220,846 3,321 X 3,321 0
AMERADA HESS CORP. COMMON 023551104 1,102,238 17,850 X 6,300 11,550
AMERICA ONLINE INC. COMMON 02364J104 2,904,900 55,200 X 27,800 27,400
AMERICAN EXPRESS CO. COMMON 025816109 795,323 15,258 X 3,511 11,747
AMERICAN HOME PRODUCTS COMMON 026609107 488,800 8,320 X 5,400 2,920
ANHEUSER BUSCH
COS. INC. COMMON 035229103 2,075,416 27,788 X 11,896 15,892
APACHE CORP. COMMON 37411105 705,750 12,000 X 12,000 0
ARCHER DANIELS MIDLAND COMMON 039483102 751,068 76,542 X 44,420 32,122
BJS WHSL CLUB INC. COMMON 05548J106 3,825,294 115,918 X 41,800 74,118
BP AMOCO ADS COMMON 055622104 299,263 5,285 X 1,058 4,227
BAKER HUGHES INC. COMMON 057224107 223,781 7,000 X 7,000 0
BANK ONE CORP. COMMON 06423A103 1,787,656 67,300 X 38,700 28,600
BAXTER INTERNATIONAL
INC. COMMON 071813109 1,362,715 19,381 X 10,477 8,904
BELL ATLANTIC CORP. COMMON 077853109 224,482 4,407 X 2,147 2,260
BRISTOL MYERS SQUIBB COMMON 110122108 359,169 6,166 X 2,000 4,166
BRITISH TELECOM PLC COMMON 111021408 1,051,387 7,950 X 3,650 4,300
CABLETRON SYSTEMS INC. COMMON 126920107 2,676,500 106,000 X 41,400 64,600
CADBURY SCHWEPPES PLC COMMON 127209302 437,430 16,664 X 8,374 8,290
CARNIVAL CORP. CL A COMMON 143658102 800,884 41,071 X 20,000 21,071
CHASE MANHATTAN CORP. COMMON 16161A108 4,370,180 94,875 X 48,301 46,574
CHUBB CORP. COMMON 171232101 639,600 10,400 X 7,000 3,400
CHURCH & DWIGHT INC. COMMON 171340102 255,420 14,190 X 1,700 12,490
CISCO SYSTEMS INC. COMMON 17275R102 293,659 4,620 X 4,620 0
CITIGROUP INC. COMMON 172967101 4,235,635 70,301 X 36,301 34,000
COPYTELE INC. COMMON 217721109 43,750 28,000 X 28,000 0
CORNING INC. COMMON 219350105 1,106,488 4,100 X 600 3,500
DIAMOND OFFSHORE
DRILLING COMMON 25271C102 698,988 19,900 X 14,500 5,400
4
<PAGE>
DONALDSON LUFKIN
JENRETTE COMMON 257661108 636,562 15,000 X 10,500 4,500
EQUITY RESIDENTIAL
PPTYS COMMON 29476L107 207,089 4,505 X 3,233 1,272
ERICSSON L M TEL CO. A COMMON 294821400 13,060,360 653,018 X 217,900 435,118
EXXON CORP. COMMON 302290101 28,321,780 360,787 X 348,695 12,092
FEDEX CORP. COMMON 31428X106 475,000 12,500 X 6,600 5,900
FEDERAL NAT MTG ASSN. COMMON 313586109 1,863,633 35,625 X 13,300 22,325
FIRST HEALTH GROUP CO. COMMON 320960107 599,714 18,277 X 5,000 13,277
GENENTECH INC. COMMON 368710406 2,236,000 13,000 X 8,800 4,200
GENERAL ELECTRIC CO. COMMON 369604103 8,812,734 166,278 X 36,300 129,978
GENERAL MOTORS CORP. COMMON 370442105 1,653,000 28,500 X 19,800 8,700
GLOBAL CROSSING LTD. COMMON G3921A100 2,283,004 86,765 X 48,865 37,900
HALLIBURTON CO. COMMON 406216101 471,875 10,000 X 10,000 0
HEALTHEON/WEBMD CORP. COMMON 422209106 1,877,484 126,750 X 67,400 59,350
HEILIG MEYERS CO. COMMON 422893107 19,556 16,468 X 4,537 11,931
HOMEBASE INC. COMMON 43738E108 36,006 23,044 X 2,222 20,822
IMPERIAL CHEMICAL
INDS PLC COMMON 452704505 607,777 19,725 X 13,400 6,325
INTEL CORP. COMMON 458140100 347,587 5,200 X 1,600 3,600
INTL BUSINESS MACHINES COMMON 459200101 2,570,994 23,466 X 20,668 2,798
JOHNSON & JOHNSON COMMON 478160104 247,085 2,425 X 76 2,349
ELI LILLY & CO. COMMON 532457108 4,059,919 40,650 X 21,400 19,250
LOCKHEED MARTIN CORP. COMMON 539830109 3,224,533 129,956 X 56,700 73,256
LORAL SPACE & COMMUN COMMON G56462107 2,682,428 383,204 X 155,554 227,650
MATRIXONE INC. COMMON 57685P304 1,421,875 35,000 X 22,000 13,000
MERCK & CO. INC. COMMON 589331107 5,636,688 73,562 X 26,900 46,662
MICROSOFT CORP. COMMON 594918104 2,248,000 28,100 X 15,900 12,200
MINIMED INC. COMMON 60365K108 590,000 5,000 X 5,000 0
MOTOROLA INC. COMMON 620076109 1,800,450 60,015 X 21,600 38,415
NASDAQ 100 TR UNIT SE COMMON 631100104 1,401,563 15,000 X 10,200 4,800
NEWS CORP LTD. ADR COMMON 652487703 2,774,050 50,900 X 23,500 27,400
NEWSCORP LTD. SPON ADR COMMON 652487802 736,250 15,500 X 1,500 14,000
NOKIA CORP SPON ADR COMMON 654902204 240,300 4,800 X 4,800 0
ORACLE SYSTEMS CORP. COMMON 68389X105 1,950,250 23,200 X 14,000 9,200
PARAMETRIC TECHNOLOGY COMMON 699173100 1,606,000 146,000 X 78,200 67,800
PEPSICO INC. COMMON 713448108 1,154,963 25,991 X 16,691 9,300
PFIZER INC. COMMON 717081103 1,392,816 29,017 X 29,017
PITNEY BOWES INC. COMMON 724479100 456,000 11,400 X 9,000 2,400
PIXAR COMMON 725811103 1,713,150 48,600 X 30,900 17,700
PXRE CORP. COMMON 693674103 1,152,333 85,358 X 46,600 38,758
QWEST COMMUNICATIONS COMMON 749121109 636,000 12,800 X 12,800 0
REDWOOD TR INC PFD CV CONVERT 758075600 273,600 11,400 X 11,400 0
ROYAL DUTCH
PETROLEUM NY COMMON 780257804 4,069,589 66,105 X 17,100 49,005
SBC COMMUNICATIONS INC. COMMON 78387G103 424,369 9,812 X 6,227 3,585
SCHLUMBERGER LTD. COMMON 806857108 3,321,484 44,509 X 11,224 33,285
SCIENTIFIC ATLANTA INC. COMMON 808655104 1,221,800 16,400 X 10,000 6,400
SINGER CO. N V COMMON 82930F109 945 18,900 X 9,000 9,900
SONY CORP ADR COMMON 835699307 1,886,250 20,000 X 13,300 6,700
SOUTHDOWN INC. COMMON 841297104 736,659 12,756 X 3,168 9,588
5
<PAGE>
SPDR TR UNIT SER 1 COMMON 78462F103 450,372 3,100 X 1,500 1,600
TELEFONICA S A ADR COMMON 879382208 1,110,588 17,336 X 6,363 10,973
TEXACO INC. COMMON 881694103 604,387 11,350 X 5,200 6,150
TEXAS INSTRUMENTS INC. COMMON 882508104 1,263,850 18,400 X 18,400 0
3 COM CORP. COMMON 885535104 576,250 10,000 X 9,100 900
TIME WARNER INC. COMMON 887315109 293,056 3,856 X 3,856
TOOTSIE ROLL INDS. INC. COMMON 890516107 701,779 20,051 X 7,378 12,673
TRANSOCEAN SEDCO FOREX COMMON G90078109 601,439 11,255 X 4,645 6,610
TRIANGLE
PHARMACEUTICALS COMMON 89589H104 174,453 19,250 X 19,250 0
TYCO INTERNATIONAL
LTD. COMMON 902124106 3,095,104 65,332 X 32,800 32,532
UNILEVER N V COMMON 904784501 2,396,949 55,743 X 18,909 36,834
UNION PACIFIC CORP. COMMON 907818108 218,025 5,814 X 5,664 150
UNITEDHEALTH GROUP INC COMMON 91324P102 256,135 2,987 X 2,987 0
UST INC. COMMON 902911106 468,384 31,890 X 14,100 17,790
VODAFONE GROUP PLC COMMON 92857T107 315,839 7,565 X 1,165 6,400
WALT DISNEY CO. COMMON 254687106 4,196,881 108,132 X 43,802 64,330
WORLDCOM INC COMMON 98157D106 3,456,979 75,357 X 36,413 38,944
XL CAPITAL LTD. CL A COMMON G98255105 773,988 14,300 X 11,200 3,100
TOTAL 183,186,602
</TABLE>
6
02322001.AG0
