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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
INFORMATION REQUIRED OF INSTITUTIONAL INVESTMENT MANAGERS PURSUANT TO SECTION
13(f) OF THE SECURITIES EXCHANGE ACT OF 1934 AND RULES THEREUNDER
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:
This Amendment (Check only one.): [_] is a restatement.
[_] adds new holdings entries.
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Institutional Investment Manager Filing this Report:
Name: Highfields Capital Management LP
Address: 200 Clarendon Street,
51st Floor, Boston, MA 02117
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13F File Number 28-3499
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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: Kenneth H. Colburn
Title: Chief Operating Officer
Phone: 617-850-7500
Signature, Place and Date of Signing
/s/ Kenneth H. Colburn Boston, Massachusetts November 14, 2000
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Report Type (Check only one.)
[X] 13F Holdings Report
[ ] 13F Notice
[_] 13F Combination Report
List of other managers reporting for this manager: None
I am signing this report as required by the Securities Exchange Act of 1934.
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SEC 1685
(5/91)
Form 13F Summary Page
Report Summary:
Number of Other Included Managers: 2
Form 13F Information Table Entry Total: 87
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Form 13F Information Table Value Total: $2,527,516 (x 1000)
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List of Other Included Managers:
01 Jonathon S. Jacobson (File Number 28-7618)
02 Richard L. Grubman (File Number 28-7616)
Mr. Grubman, Mr. Jacobson and Highfields Capital Management LP share
investment discretion with respect to the reported securities.
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FORM 13F
Page 2 of 3 Name of Reporting Manager Highfields Capital Management LP
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Item 1: Item 2: Item 3: Item 4: Item 5: Item 6: Item 7: Item 8:
Title SHARES OR
Of CUSIP VALUE PRINCIPAL SH/ PUT/ INVESTMENT OTHER -VOTING AUTHORITY-
Name Of Issuer Class Number x$1000 AMOUNT PRN CALL DISCRIPTION MANAGERS SOLE SHARED NONE
-------------- ----- ------ ------ --------- --- ---- ----------- -------- ---- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
A T & T Corp COM 001957109 208,549 7,099,530 SHRS OTHER 01/02 X
Aetna Inc COM 008117103 9,000 155,000 SHRS OTHER 01/02 X
Alcoa Inc COM 013817101 42,824 1,691,810 SHRS OTHER 01/02 X
American Axle & Mfg Hldgs Inc COM 024061103 6,124 569,700 SHRS OTHER 01/02 X
Apple Computer Inc COM 037833100 1,030 40,000 SHRS OTHER 01/02 X
Associates First Cap Corp CL A 046008108 26,009 684,450 SHRS OTHER 01/02 X
AXA Finl Inc COM 002451102 42,451 833,400 SHRS OTHER 01/02 X
Bally Total Fitness Hldg Corp COM 05873K108 39,756 1,590,250 SHRS OTHER 01/02 X
BCE Inc COM 05534B109 17,662 755,600 SHRS OTHER 01/02 X
Best Buy Inc COM 086516101 21,295 334,700 SHRS OTHER 01/02 X
BMC Software Inc COM 055921100 19,316 1,010,000 SHRS OTHER 01/02 X
C-Cube Microsystems Inc COM 12501N108 4,100 200,000 SHRS OTHER 01/02 X
Circuit City Stores Inc Circt City Grp 172737108 460 20,000 SHRS Call OTHER 01/02 X
Cisco Sys Inc COM 17275R102 774 14,000 SHRS OTHER 01/02 X
Citizens Communications Co COM 17453B101 12,258 912,200 SHRS OTHER 01/02 X
City Investing Co Liq Tr UNIT BEN INT 177900107 752 586,900 SHRS OTHER 01/02 X
Comdisco Inc COM 200336105 438 23,000 SHRS OTHER 01/02 X
Conoco Inc CL B 208251405 8,495 315,356 SHRS OTHER 01/02 X
Consolidated Freightways Corp COM 209232107 200 40,000 SHRS OTHER 01/02 X
CVS Corp COM 126650100 216,576 4,676,400 SHRS OTHER 01/02 X
Delhaize Amer Inc CL A 246688105 28,114 1,612,300 SHRS OTHER 01/02 X
Delhaize Amer Inc CL B 246688204 7,316 436,800 SHRS OTHER 01/02 X
Du Pont E I De Nemours & Co COM 263534109 791 19,087 SHRS OTHER 01/02 X
Eastman Kodak Co COM 277461109 2,927 71,600 SHRS OTHER 01/02 X
El Paso Elec Co COM 283677854 79,227 5,753,600 SHRS OTHER 01/02 X
Elan PLC WT EXP 123101 284131703 22,312 300,500 SHRS OTHER 01/02 X
EMC Corp Mass COM 268648102 9,587 96,718 SHRS OTHER 01/02 X
Fedex Corp COM 31428X106 58,857 1,327,400 SHRS OTHER 01/02 X
Florida East Coast Inds COM 340632108 7,032 171,500 SHRS OTHER 01/02 X
FMC Corp COM 302491303 40,338 601,500 SHRS OTHER 01/02 X
General Dynamics Corp COM 369550108 36,780 585,548 SHRS OTHER 01/02 X
General Mtrs Corp CL H 370442832 10,552 283,818 SHRS OTHER 01/02 X
General Mtrs Corp COM 370442105 45,691 702,931 SHRS OTHER 01/02 X
General Mtrs Corp COM 370442105 22,750 350,000 SHRS Call OTHER 01/02 X
Gentiva Health Services Inc COM 37247A102 22,381 1,755,373 SHRS OTHER 01/02 X
Georgia Pac Corp COM-TIMBER GRP 373298702 44,137 1,642,300 SHRS OTHER 01/02 X
Global Crossing Ltd COM G3921A100 2,607 84,108 SHRS OTHER 01/02 X
Golden St Bancorp Inc WT EXP 000000 381197136 3,489 2,863,100 SHRS OTHER 01/02 X
Hudson City Bancorp COM 443683107 6,503 382,500 SHRS OTHER 01/02 X
IGEN Inc COM 449536101 2,757 137,010 SHRS OTHER 01/02 X
Illinois Tool Wks Inc COM 452308109 2,392 42,804 SHRS OTHER 01/02 X
IMS Health Inc COM 449934108 26,975 1,300,000 SHRS OTHER 01/02 X
Inrange Technologies COM 45769V206 3,505 66,123 SHRS OTHER 01/02 X
Intel Corp COM 458140100 10,399 250,208 SHRS OTHER 01/02 X
Ivex Packaging Corp Del COM 465855104 8,425 858,600 SHRS OTHER 01/02 X
Jackpot Enterprises Inc. COM 466392107 8,008 842,900 SHRS OTHER 01/02 X
Johnson & Johnson COM 478160104 6,517 69,374 SHRS OTHER 01/02 X
King Pharmaceuticals Inc COM 495582108 49,653 1,484,936 SHRS OTHER 01/02 X
K Mart Corp COM 482584109 12,000 2,000,000 SHRS OTHER 01/02 X
Lakes Gaming Inc COM 51206P109 4,533 525,549 SHRS OTHER 01/02 X
Laser Mtg Mgmt Inc COM 51806D100 10,032 3,275,900 SHRS OTHER 01/02 X
Lycos Inc COM 550818108 12,577 182,898 SHRS OTHER 01/02 X
Lycos Inc COM 550818108 172 2,500 SHRS Call OTHER 01/02 X
Mack Cali Rlty Corp COM 554489104 8,806 312,402 SHRS OTHER 01/02 X
Mead Corp COM 582834107 468 20,000 SHRS OTHER 01/02 X
Methode Electronics CL A 591520200 443 10,000 SHRS Call OTHER 01/02 X
Microsoft Corp COM 594918104 1,737 28,800 SHRS OTHER 01/02 X
Montana Power Co COM 612085100 431 12,900 SHRS OTHER 01/02 X
Mony Group Inc COM 615337102 56,284 1,411,500 SHRS OTHER 01/02 X
Motorola Inc COM 620076109 7,286 257,907 SHRS OTHER 01/02 X
Nasdaq 100 TR UNIT SER 1 631100104 1,064 12,000 SHRS OTHER 01/02 X
National Australia Bk Ltd CAP UTS EXCHBL 632525309 6,328 250,000 SHRS OTHER 01/02 X
Newhall Land & Farming Co CAL DEPOSITARY REC 651426108 58,447 2,485,000 SHRS OTHER 01/02 X
Pactiv Corp COM 695257105 175,230 15,663,000 SHRS OTHER 01/02 X
Parametric Technology Corp COM 699173100 656 60,000 SHRS OTHER 01/02 X
Park Place Entmt Corp COM 700690100 220,859 14,602,220 SHRS OTHER 01/02 X
Phelps Dodge Corp COM 717265102 1,331 31,890 SHRS OTHER 01/02 X
Readers Digest Assn Inc CL A NON VTG 755267101 195,769 5,543,900 SHRS OTHER 01/02 X
Readers Digest Assn Inc CL B 755267200 13,502 427,800 SHRS OTHER 01/02 X
Ross Stores Inc COM 778296103 21,678 1,508,000 SHRS OTHER 01/02 X
Royal Dutch Pete Co NY REG GLD1.25 780257804 2,152 35,900 SHRS OTHER 01/02 X
Scottish Annuity & Life Hldgs ORD G7885T104 6,746 729,300 SHRS OTHER 01/02 X
Seagate Technology COM 811804103 64,777 938,800 SHRS OTHER 01/02 X
Shaw Communications Inc CL B CONV 82028K200 50,949 2,245,700 SHRS OTHER 01/02 X
Southern Energy Inc COM 842816100 2,981 95,000 SHRS OTHER 01/02 X
St Joe Co COM 790148100 32,701 1,178,400 SHRS OTHER 01/02 X
Station Casinos Inc COM 857689103 28,511 2,000,800 SHRS OTHER 01/02 X
Telefonica S A SPONSORED ADR 879382208 3,954 66,522 SHRS OTHER 01/02 X
TeleSpectrum World Wide Inc COM 87951U109 1,122 1,795,519 SHRS OTHER 01/02 X
Texaco Inc. COM 881694103 4,016 76,500 SHRS OTHER 01/02 X
TJX Cos Inc COM 872540109 47,700 2,120,000 SHRS OTHER 01/02 X
Total Renal Care Hldgs Inc COM 89151A107 20,251 2,700,100 SHRS OTHER 01/02 X
Toys R Us Inc COM 892335100 56,860 3,499,100 SHRS OTHER 01/02 X
VoiceStream Wireless Corp COM 928615103 30,733 264,800 SHRS OTHER 01/02 X
Waddell & Reed Finl Inc CL B 930059209 115,229 3,973,413 SHRS OTHER 01/02 X
Yahoo Inc COM 984332106 564 6,200 SHRS OTHER 01/02 X
Yahoo Inc COM 984332106 546 6,000 SHRS Call OTHER 01/02 X
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