UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F-HR/A
Form 13F COVER PAGE
Report for the Calendar Year of Quarter Ended: September 30, 1999
Check here if Amendment [ X ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ X ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Ridgecrest Investment Management, LLC
Address: 600 Third Avenue, 17th Floor
New York, New York 10158
Form 13F File Number: 28-7548
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: David May
Title: Managing Member
Phone: (212) 984-6266
Signature, Place, and Date of Signing:
/s/ David May New York, New York 12/02/99
[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.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report,
and all holdings are reported by other reporting manager(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).)
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Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 107
Form 13F Information Table Value Total: $ 66,941
(thousands)
List of Other Included Managers:
No. Form 13F File Number Name
1 28- CIBC Oppenheimer
2 28-6420 Soros Fund Management, LLC
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Item 1: Item 2: Item 3: Item 4: Item 5: Item 6: Item 7: Item 8:
Name of Issuer Title of CUSIP Value Shares SH/ Inv Other Voting
Class x$1000) Prn Amt PRN Discr Managers Authority
Sole Shared None
Alkermes Inc. COMMON STOCK 01642T108 380 13,200 SH SOLE 13,200 0 0
American Mobile Satellite Corp COMMON STOCK 02755R103 218 12,500 SH SOLE 12,500 0 0
Andrew Corp. COMMON STOCK 034425108 436 25,100 SH SOLE 25,100 0 0
Apache Corp. COMMON STOCK 037411105 388 9,000 SH SOLE 9,000 0 0
ARMCO Corp. COMMON STOCK 042170100 420 60,000 SH SOLE 60,000 0 0
Associated Group Inc. COMMON STOCK 045651205 581 9,600 SH SOLE 9,600 0 0
Avis Rent A Car Inc. COMMON STOCK 053790101 394 18,900 SH SOLE 18,900 0 0
Biochem Pharma Inc. COMMON STOCK 09058T108 816 34,100 SH SOLE 34,100 0 0
Bouygues Offshore SA SPON ADR 102112109 484 25,000 SH SOLE 25,000 0 0
Brown Tom Inc. Com. COMMON STOCK 115660201 359 24,400 SH SOLE 24,400 0 0
Cabot Corp. COMMON STOCK 127055101 396 16,700 SH SOLE 16,700 0 0
Call-Net Enterprises Inc. CL B NON-VTG 130910201 159 30,000 SH SOLE 30,000 0 0
Catalina Marketing Corp. COMMON STOCK 14B867104 865 10,200 SH SOLE 10,200 0 0
CD Radio Inc. COMMON STOCK 125127100 785 30,800 SH SOLE 30,800 0 0
Cendant Corp. COMMON STOCK 1513131031 436 24,600 SH SOLE 24,600 0 0
Ceridian Corp. COMMON STOCK 15677T106 621 25,000 SH SOLE 25,000 0 0
Chirex Inc. COMMON STOCK 170038103 498 19,300 SH SOLE 19,300 0 0
Cinar Corp. LTD VTG SHS 171905300 1058 35,000 SH SOLE 35,000 0 0
Citizens Utils Co. Del. CL B 177342201 471 41,700 SH SOLE 41,700 0 0
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Item 1: Item 2: Item 3: Item 4: Item 5: Item 6: Item 7: Item 8:
Name of Issuer Title of CUSIP Value Shares SH/ Inv Other Voting
Class x$1000) Prn Amt PRN Discr Managers Authority
Sole Shared None
Columbia/HCA Healthcare Corp. COMMON STOCK 197677107 464 21,900 SH SOLE 21,900 0 0
Commscope Inc. COMMON STOCK 203372107 585 18,000 SH SOLE 18,000 0 0
Consolidated Stores Inc. COMMON STOCK 210149100 964 43,700 SH SOLE 43,700 0 0
Corning Inc. COMMON STOCK 219350105 843 12,300 SH SOLE 12,300 0 0
Cross Timbers Oil Co. COMMON STOCK 227573102 341 25,100 SH SOLE 25,100 0 0
CSX Corp. COMMON STOCK 126408103 334 7,900 SH SOLE 7,900 0 0
Cubist Pharmaceuticals Inc. COMMON STOCK 229678107 193 22,600 SH SOLE 22,600 0 0
Cytec Inds Inc. COMMON STOCK 232820100 296 12,600 SH SOLE 12,600 0 0
Digital Microwave Corp. COMMON STOCK 253859102 192 12,300 SH SOLE 12,300 0 0
Echostar Communications Corp. CLA 278762109 4,722 52,000 SH SOLE 52,000 0 0
Elbit Computers Ltd. ORD 284275104 283 22,000 SH SOLE 22,000 0 0
Enzon Inc. Com COMMON STOCK 293904108 960 31,500 SH SOLE 31,500 0 0
Federated Dept. Stores Inc. COMMON STOCK 31410H101 406 9,300 SH SOLE 9,300 0 0
First Health Group Corp. COMMON STOCK 320960107 702 31,3000 SH SOLE 31,300 0 0
Flowers Inds. Inc. COMMON STOCK 343496105 339 25,000 SH SOLE 25,000 0 0
Forest Oil Corp. COMMON STOCK 346091606 1,090 63,900 SH SOLE 63,900 0 0
Geon Co. COMMON STOCK 37246W105 502 19,500 SH SOLE 19,500 0 0
Gilead Sciences Inc. COMMON STOCK 375558103 558 8,700 SH SOLE 8,700 0 0
Health Mgmt Assoc Inc. CL A 421933102 606 78,200 SH SOLE 78,200 0 0
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Item 1: Item 2: Item 3: Item 4: Item 5: Item 6: Item 7: Item 8:
Name of Issuer Title of CUSIP Value Shares SH/ Inv Other Voting
Class x$1000) Prn Amt PRN Discr Managers Authority
Sole Shared None
IMS Health Inc. COMMON STOCK 449934108 495 21,700 SH SOLE 21,700 0 0
Input/Output Inc. COMMON STOCK 457652105 204 30,800 SH SOLE 30,800 0 0
Inter Tel Inc. COMMON STOCK 458372109 333 18,800 SH SOLE 18,800 0 0
Intertan Inc. COMMON STOCK 461120107 908 46,300 SH SOLE 46,300 0 0
Jones Apparel Group COMMON STOCK 480074103 963 33,500 SH SOLE 33,500 0 0
Kerr McGee Corp. Com COMMON STOCK 492386107 1,007 18,300 SH SOLE 18,300 0 0
Kirby Corp. COMMON STOCK 497266106 938 47,800 SH SOLE 47,800 0 0
KN Energy Inc. COMMON STOCK 482620101 742 33,100 SH SOLE 33,100 0 0
Meridian Resource Corp. COMMON STOCK 58977Q109 192 40,500 SH SOLE 40,500 0 0
Microcell Telecommunications CL B NON VTG 59501T304 410 31,600 SH SOLE 31,600 0 0
Milacron Inc COMMON STOCK 598709103 466 26,300 SH SOLE 26,300 0 0
Montana Power Co. COMMON STOCK 612085100 374 12,300 SH SOLE 12,300 0 0
Netegrity Inc. COMMON STOCK 64110P107 694 28,500 SH SOLE 28,500 0 0
NewBridge Network Corp. COMMON STOCK 650901101 539 20,700 SH SOLE 20,700 0 0
Noble Affiliates Inc. COMMON STOCK 654894104 600 20,700 SH SOLE 20,700 0 0
Noble Drilling Corp. COMMON STOCK 655042109 376 17,200 SH SOLE 17,200 0 0
North Face Inc. COMMON STOCK 659317101 355 59,900 SH SOLE 59,900 0 0
Nova Chemicals Corp. COMMON STOCK 66977W109 557 26,000 SH SOLE 26,000 0 0
Novoste Corp. COMMON STOCK 67010C100 770 43,200 SH SOLE 43,200 0 0
NTL Incorporated COMMON STOCK 629407107 2,940 30,600 SH SOLE 30,600 0 0
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Item 1: Item 2: Item 3: Item 4: Item 5: Item 6: Item 7: Item 8:
Name of Issuer Title of CUSIP Value Shares SH/ Inv Other Voting
Class x$1000) Prn Amt PRN Discr Managers Authority
Sole Shared None
Nuevo Energy Co. COMMON STOCK 670509108 251 14,600 SH SOLE 14,600 0 0
Olin Corp. COMMON STOCK 680665205 857 62,900 SH SOLE 62,900 0 0
P-Com Inc. COMMON STOCK 693262107 81 11,700 SH SOLE 11,700 0 0
Pairgain Technologies Inc. COMMON STOCK 695934109 434 34,100 SH SOLE 34,100 0 0
Park Place ENTMT Corp. COMMON STOCK 700690100 307 24,600 SH SOLE 24,600 0 0
Peoplesoft Inc. COMMON STOCK 712713106 421 24,900 SH SOLE 24,900 0 0
Powerwave Technologies COMMON STOCK 739363109 650 13,500 SH SOLE 13,500 0 0
Precision Drilling Corp. COMMON STOCK 74022D100 1,182 51,000 SH SOLE 51,000 0 0
Precision Response Corp. COMMON STOCK 740314109 377 30,800 SH SOLE 30,800 0 0
Pride Intl Inc. COMMON STOCK 741932107 1,089 76,800 SH SOLE 76,800 0 0
Primus Telecommunications Grp. COMMON STOCK 741929103 548 26,100 SH SOLE 26,100 0 0
Rawlings Sporting Goods Inc. COMMON STOCK 754459105 634 68, 100 SH SOLE 68,100 0 0
Reynolds Metals Co. COMMON STOCK 761763101 1,491 24,700 SH SOLE 24,700 0 0
RF Micro Devices Inc. COMMON STOCK 749941100 567 12,400 SH SOLE 12,400 0 0
Robert Mondavi CL A 609200100 897 23,900 SH SOLE 23,900 0 0
S 3 Inc. COMMON STOCK 784849101 584 56,000 SH SOLE 56,000 0 0
Scientific Atlanta Inc. COMMON STOCK 608655104 297 6,000 SH SOLE 6,000 0 0
Seagram Ltd. COMMON STOCK 811850106 559 12,300 SH SOLE 12,300 0 0
SFX Entertainment CL A 784178105 1,396 45,600 SH SOLE 45,600 0 0
SHONEYS Inc. COMMON STOCK 825039100 472 243,900 SH SOLE 243,900 0 0
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Item 1: Item 2: Item 3: Item 4: Item 5: Item 6: Item 7: Item 8:
Name of Issuer Title of CUSIP Value Shares SH/ Inv Other Voting
Class x$1000) Prn Amt PRN Discr Managers Authority
Sole Shared None
Shorewood Packaging Corp. COMMON STOCK 825229107 672 49,600 SH SOLE 49,600 0 0
Silicon Storage Technology COMMON STOCK 827057100 949 67,200 SH SOLE 67,200 0 0
Smurfit-Stone Container Corp. COMMON STOCK 832727101 737 34,100 SH SOLE 34,100 0 0
Softnet Systems Inc. COMMON STOCK 833964109 665 27,300 SH SOLE 27,300 0 0
Solutia Inc. COMMON STOCK 834376105 275 15,400 SH SOLE 15,400 0 0
Staples Inc. COMMON STOCK 855030102 335 15,400 SH SOLE 15,400 0 0
Suiza Foods Corp. COMMON STOCK 865077101 930 24,800 SH SOLE 24,800 0 0
Superior Energy Services Inc. COMMON STOCK 868157108 229 36,300 SH SOLE 36,300 0 0
Sykes Enterprises Inc. COMMON STOCK 871237103 308 12,500 SH SOLE 12,500 0 0
Take-Two Interactive Software COMMON STOCK 874054109 272 24,600 SH SOLE 24,600 0 0
Talisman Energy Inc. COMMON STOCK 87425E103 655 21,900 SH SOLE 21,900 0 0
Technology Solutions Co. COMMON STOCK 87872T108 173 12,300 SH SOLE 12,300 0 0
Telespectrum Worldwide Inc. COMMON STOCK 87951U109 185 31,200 SH SOLE 31,200 0 0
Teletech Hldgs Inc. COMMON STOCK 879939106 857 60,200 SH SOLE 60,200 0 0
Telewest Communications PLC SPON ADR 87956P105 627 17,200 SH SOLE 17,200 0 0
Tenet Healthcare Corp COMMON STOCK 88033G100 273 15,600 SH SOLE 15,600 0 0
Topps Inc. COMMON STOCK 890786106 227 30,300 SH SOLE 30,300 0 0
Total Renal Care Hldgs Inc. COMMON STOCK 89151A107 465 62,600 SH SOLE 62,600 0 0
Unocal Corp COMMON STOCK 915289102 581 15,700 SH SOLE 15,700 0 0
USA Networks COMMON STOCK 902984103 1,011 26,100 SH SOLE 26,100 0 0
Viatel Inc. COMMON STOCK 925529208 549 18,600 SH SOLE 18,600 0 0
Visible Genetics Inc. COMMON STOCK 92829S104 232 12,400 SH SOLE 12,400 0 0
Weatherford Intl Inc. COMMON STOCK 947074100 1,520 47,500 SH SOLE 47,500 0 0
Whirlpool Corp COMMON STOCK 963320106 607 9,300 SH SOLE 9,300 0 0
Whitman Hart Inc. COMMON STOCK 966834103 1,078 27,800 SH SOLE 27,800 0 0
Winstar Communications Inc. COMMON STOCK 975515107 242 6,200 SH SOLE 6,200 0 0
WR Grace & Co. COMMON STOCK 38388F108 779 47,600 SH SOLE 47,600 0 0
Young Broadcasting Inc. CL A 987434107 298 5,700 SH SOLE 5,700 0 0
Ziff Davis Inc. Com COMMON STOCK 989511100 108 11,700 SH SOLE 11,700 0 0
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