UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F-HR
Form 13F COVER PAGE
Report for the Calendar Year of Quarter Ended: September 30, 1999
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: 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 11/15/99
[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: 2
Form 13F Information Table Entry Total: 94
Form 13F Information Table Value Total: $ 37,099
(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 213 7400 SH SOLE 7400
APACHE CORP COMMON STOCK 037411105 432 10000 SH SOLE 10000
ARMCO INC COMMON STOCK 042170100 210 30000 SH SOLE 30000
ASSOCIATED GROUP INC CL B 045651205 351 5800 SH SOLE 5800
AVIS RENT A CAR INC COMMON STOCK 053790101 232 11100 SH SOLE 11100
BIOCHEM PHARMA INC COMMON STOCK 09058T108 381 15900 SH SOLE 15900
BOISE CASCADE CORP COMMON STOCK 097383103 343 9400 SH SOLE 9400
BOUYGUES OFFSHORE SA SPON ADR 102112109 291 15000 SH SOLE 15000
TOM BROWN INC COMMON STOCK 115660201 171 11600 SH SOLE 11600
CD RADIO INC COMMON STOCK 125127100 490 19200 SH SOLE 19200
CABLETRON SYSTEMS INC COMMON STOCK 126920107 293 18700 SH SOLE 18700
CALL-NET ENTERPRISES INC CL B NON-VTG 130910201 106 20000 SH SOLE 20000
CATALINA MARKETING CORP COMMON STOCK 148867104 619 7300 SH SOLE 7300
CERIDIAN CORP-W/RTS COMMON STOCK 15677T106 373 15000 SH SOLE 15000
CHIREX INC COMMON STOCK 170038103 297 11500 SH SOLE 11500
CINAR CORPORATION LTD VTG SHS 171905300 514 17000 SH SOLE 17000
CITIZENS UTILITIES CO CL B 177342201 207 18300 SH SOLE 18300
COLUMBIA/HCA HEALTHCARE CORP COMMON STOCK 197677107 278 13100 SH SOLE 13100
COMMSCOPE INC COMMON STOCK 203372107 390 12000 SH SOLE 12000
CONSOLIDATED STORES CORP COMMON STOCK 210149100 580 26300 SH SOLE 26300
CORNING INC COMMON STOCK 219350105 528 7700 SH SOLE 7700
CROSS TIMBERS OIL CO COMMON STOCK 227573102 225 16700 SH SOLE 16700
CUBIST PHARMACEUTICALS INC COMMON STOCK 229678107 149 17400 SH SOLE 17400
DEVON ENERGY CORPORATION NEW COMMON STOCK 25179M103 600 14485 SH SOLE 14485
ECHOSTAR COMMUNICATIONS CORP CL A 278762109 3224 35500 SH SOLE 35500
ELBIT LTD ORD COMMON STOCK 284275104 129 10000 SH SOLE 10000
ENZON INC COMMON STOCK 293904108 412 13500 SH SOLE 13500
FEDERATED DEPARTMENT STORES COMMON STOCK 31410H101 249 5700 SH SOLE 5700
FIRST HEALTH GROUP CORP COMMON STOCK 320960107 420 18700 SH SOLE 18700
FLOWERS INDUSTRIES INC COMMON STOCK 343496105 136 10000 SH SOLE 10000
FOREST OIL CORP NEW COMMON STOCK 346091606 616 36100 SH SOLE 36100
GILEAD SCIENCES INC COMMON STOCK 375558103 443 6900 SH SOLE 6900
W R GRACE & CO-DEL NEW COMMON STOCK 38388F108 367 22400 SH SOLE 22400
HEALTH MANAGEMENT ASSOCIATES CL A 421933102 363 46800 SH SOLE 46800
<PAGE>
INPUT/OUTPUT INC COMMON STOCK 457652105 127 19200 SH SOLE 19200
INTER TEL INC COMMON STOCK 458372109 199 11200 SH SOLE 11200
INTERLEAF INC COMMON STOCK 458729209 320 18800 SH SOLE 18800
INTERTAN INC COMMON STOCK 461120107 681 34700 SH SOLE 34700
JONES APPAREL GROUP INC COMMON STOCK 480074103 460 16000 SH SOLE 16000
K N ENERGY INC COMMON STOCK 482620101 379 16900 SH SOLE 16900
KERR MCGEE CORP COMMON STOCK 492386107 369 6700 SH SOLE 6700
KIRBY CORP COMMON STOCK 497266106 436 22200 SH SOLE 22200
MERIDIAN RESOURCE CORP COMMON STOCK 58977Q109 116 24500 SH SOLE 24500
MICROCELL TELECOMMUNICATIONS CLB NON VTG 59501T304 239 18400 SH SOLE 18400
MICROWAVE POWER DEVICES INC COMMON STOCK 59517M103 160 11700 SH SOLE 11700
MILACRON INC COMMON STOCK 598709103 295 16600 SH SOLE 16600
ROBERT MONDAVI CORP CL A 609200100 304 8100 SH SOLE 8100
MONTANA POWER CO COMMON STOCK 612085100 234 7700 SH SOLE 7700
NTL INC COMMON STOCK 629407107 1624 16900 SH SOLE 16900
NETEGRITY INC COMMON STOCK 64110P107 280 11500 SH SOLE 11500
NEWBRIDGE NETWORKS CORP COMMON STOCK 650901101 373 14300 SH SOLE 14300
NOBLE AFFILIATES INC COMMON STOCK 654894104 270 9300 SH SOLE 9300
NORTH FACE INC COMMON STOCK 659317101 164 27600 SH SOLE 27600
NOVOSTE CORP COMMON STOCK 67010C100 391 21900 SH SOLE 21900
NUEVO ENERGY CO COMMON STOCK 670509108 179 10400 SH SOLE 10400
OCEAN ENERGY INC COMMON STOCK 67481E106 778 76400 SH SOLE 76400
OLIN CORP COM PAR $1 680665205 505 37100 SH SOLE 37100
P-COM INC COMMON STOCK 693262107 93 13300 SH SOLE 13300
PAIRGAIN TECHNOLOGIES INC COMMON STOCK 695934109 266 20900 SH SOLE 20900
PARK PL ENTMT CORP COMMON STOCK 700690100 193 15400 SH SOLE 15400
PENNACO ENERGY INC COMMON STOCK 708046107 183 15000 SH SOLE 15000
PEOPLESOFT INC COMMON STOCK 712713106 256 15100 SH SOLE 15100
POWERWAVE TECHNOLOGIES INC COMMON STOCK 739363109 313 6500 SH SOLE 6500
PRECISION DRILLING CORP COMMON STOCK 74022D100 557 24000 SH SOLE 24000
PRECISION RESPONSE CORP COMMON STOCK 740314109 235 19200 SH SOLE 19200
PRIMUS TELECOMMUNICATIONS COMMON STOCK 741929103 292 13900 SH SOLE 13900
PRIDE INTERNATIONAL INC COMMON STOCK 741932107 542 38200 SH SOLE 38200
RF MICRO DEVICES INC COMMON STOCK 749941100 348 7600 SH SOLE 7600
RAWLINGS SPORTING GOODS CO INC COMMON STOCK 754459105 297 31900 SH SOLE 31900
REYNOLDS METALS CO COMMON STOCK 761763101 863 14300 SH SOLE 14300
SFX ENTERTAINMENT INC CL A 784178105 747 24400 SH SOLE 24400
S3 INC COMMON STOCK 784849101 293 28100 SH SOLE 28100
SEAGRAM CO LTD COMMON STOCK 811850106 350 7700 SH SOLE 7700
SHONEYS INC COMMON STOCK 825039100 221 114100 SH SOLE 114100
<PAGE>
SHOREWOOD PACKAGING CORP COMMON STOCK 825229107 331 24400 SH SOLE 24400
SILICON STORAGE TECHNOLOGY INC COMMON STOCK 827057100 463 32800 SH SOLE 32800
SMURFIT-STONE CONTAINER CORP COMMON STOCK 832727101 420 19400 SH SOLE 19400
SOFNET SYSTEMS INC COMMON STOCK 833964109 431 17700 SH SOLE 17700
STAPLES INC COMMON STOCK 855030102 209 9600 SH SOLE 9600
SUIZA FOODS CORP COMMON STOCK 865077101 570 15200 SH SOLE 15200
SUPERIOR ENERGY SERVICES INC COMMON STOCK 868157108 213 33700 SH SOLE 33700
TAKE-TWO INTERACTIVE SOFTWARE COMMON STOCK 874054109 170 15400 SH SOLE 15400
TALISMAN ENERGY INC COMMON STOCK 87425E103 392 13100 SH SOLE 13100
TELESPECTRUM WORLDWIDE INC COMMON STOCK 87951U109 112 18800 SH SOLE 18800
TELEWEST PLC-SPONSORED ADR COMMON STOCK 87956P105 376 10300 SH SOLE 10300
TELETECH HOLDINGS INC COMMON STOCK 879939106 567 39800 SH SOLE 39800
TOTAL RENAL CARE HOLDINGS INC COMMON STOCK 89151A107 278 37400 SH SOLE 37400
USA NETWORKS INC COMMON STOCK 902984103 345 8900 SH SOLE 8900
UNOCAL CORP COMMON STOCK 915289102 345 9300 SH SOLE 9300
VIATEL INC COMMON STOCK 925529208 337 11400 SH SOLE 11400
WEATHERFORD INTERNATIONAL INC COMMON STOCK 947074100 720 22500 SH SOLE 22500
WHIRLPOOL CORP COMMON STOCK 963320106 372 5700 SH SOLE 5700
WHITTMAN-HART INC COMMON STOCK 966834103 667 17200 SH SOLE 17200
TRITON ENERGY LTD ORD G90751101 217 15400 SH SOLE 15400
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