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United States Securities and Exchange Commission
Washington, DC 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 12/31/1998
Check here if Amendment: [ X ] Amendment number: [ 2 ]
This Amendment (check only one):
[ X ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager filing this Report:
Name: Noesis Corporation
Address: 610 Newport Center Drive, Suite 1240
Newport Beach, California 92660
13F File Number: 28-7694
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: Steve Mizusawa
Title: Vice President and Chief Financial Officer
Phone: (949) 720-0130
Signature, Place, and Date of Signing:
/s/ Steve Mizusawa
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Newport Beach, California May 12, 2000
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
NOESIS CORPORATION.
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 136
Form 13F Information Value Total (thousands): $176,649
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FORM 13F
Page 3 of 5 Name of Reporting Manager: Noesis Corporation
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Quarter Ended December 31, 1998
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Item 5: Item 6: Item 8:
Item 2: Item 3: Item 4: Amount Investment Discretion Voting Authority (Shares)
Item 1: Title of CUSIP Market and Type ------------------------------- Item 7: ----------------------------
Name of Issuer Class Number Value of Security (a) Sole (b) Shared/ (c) Shared- Other Managers (a) Sole (b) Shared (c) None
Defined Other
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<S> <C> <C> <C> <C> <C> <C> <C>
ABBOTT LABORATORIES COM NPV 002824100 2004 40900 SH SOLE 40900
AIRBORNE FREIGHT CORP COM USD1 009266107 1522 42200 SH SOLE 42200
ALBANY INTL CORP -CL A CL A COM USD.001 012348108 278 14700 SH SOLE 14700
ALLIANCE CAPITAL MGMT -LP LP UNTS 018548107 1066 41400 SH SOLE 41400
ALLSTATE CORP COM USD.01 020002101 3863 100000 SH SOLE 100000
ANNTAYLOR STORES CORP COM USD.001 036115103 248 6300 SH SOLE 6300
ARCHER-DANIELS-MIDLAND CO COM NPV 039483102 734 42700 SH SOLE 42700
AUTOMATIC DATA PROCESSING COM NPV 053015103 537 6700 SH SOLE 6700
BB&T CORP COM 054937107 1604 39800 SH SOLE 39800
BAKER-HUGHES INC COM USD1 057224107 2899 163900 SH SOLE 163900
BANK ONE CORP COM NPV 06423A103 1195 23400 SH SOLE 23400
BANKAMERICA CORP COM USD2.5 06605F102 2760 45900 SH SOLE 45900
BAXTER INTERNATIONAL INC COM USD1 071813109 489 7600 SH SOLE 7600
BELLSOUTH CORP COM USD1 079860102 2564 51400 SH SOLE 51400
BESTFOODS COM USD.25 08658U101 1992 37400 SH SOLE 37400
BETHLEHEM STEEL CORP COM USD8 087509105 510 60900 SH SOLE 60900
BIRMINGHAM STEEL CORP COM USD.01 091250100 168 40000 SH SOLE 40000
BOEING CO COM USD5 097023105 1781 54600 SH SOLE 54600
BRAZIL FUND CLOSED END 105759104 188 17300 SH SOLE 17300
BRINKER INTL INC COM USD.1 109641100 1513 52400 SH SOLE 52400
BRITISH AIRWAYS PLC -ADR ADR 110419306 481 7100 SH SOLE 7100
BRITISH STEEL PLC -ADR ADR 111015301 273 18700 SH SOLE 18700
CALLAWAY GOLF CO COM USD.01 131193104 1296 126400 SH SOLE 126400
CANADIAN PACIFIC LTD CL C ORD NPV 135923100 4330 229400 SH SOLE 229400
CARNIVAL CORP COM USD.01 143658102 4411 91900 SH SOLE 91900
CENTRAL NEWSPAPERS -CL A CL A COM NPV 154647101 972 13600 SH SOLE 13600
CITIGROUP INC COM USD.01 172967101 1074 21700 SH SOLE 21700
CITIZENS UTILITIES CO-CL B CL B COM NPV 177342201 160 19712 SH SOLE 19712
COCA-COLA FEMSA DE C V -ADR SPON ADR 191241108 188 14200 SH SOLE 14200
COMDISCO INC COM USD.1 200336105 5076 300800 SH SOLE 300800
CIA TELECOM CHILE-SPONS ADR ADR 204449300 497 24000 SH SOLE 24000
COMPAQ COMPUTER CORP COM USD.01 204493100 872 20800 SH SOLE 20800
COMPUSA INC COM USD.01 204932107 466 35700 SH SOLE 35700
COMPUTER SCIENCES CORP COM USD1 205363104 1089 16900 SH SOLE 16900
CROSS TIMBERS OIL CO COM USD.01 227573102 164 21800 SH SOLE 21800
DEVELOPERS DIVERSIFIED RLTY COM USD.1 251591103 746 42000 SH SOLE 42000
DIME BANCORP INC COM USD1 25429Q102 1729 65400 SH SOLE 65400
DISNEY (WALT) COMPANY COM NPV 254687106 2514 83800 SH SOLE 83800
EASTMAN KODAK CO COM USD2.5 277461109 3290 45700 SH SOLE 45700
ECOLAB INC COM USD1 278865100 235 6500 SH SOLE 6500
EDWARDS (A G) INC COM USD1 281760108 1050 28200 SH SOLE 28200
ENGELHARD CORP COM USD1 292845104 593 30400 SH SOLE 30400
FEDERAL-MOGUL CORP COM USD5 313549107 1136 19100 SH SOLE 19100
FANNIE MAE COM NPV 313586109 548 7400 SH SOLE 7400
FINGERHUT COMPANIES INC COM USD.01 317867109 212 13700 SH SOLE 13700
FIRST UNION CORP (N C) COM USD3.3333 337358105 407 6700 SH SOLE 6700
FLORIDA PROGRESS CORP COM NPV 341109106 1698 37900 SH SOLE 37900
FORTUNE BRANDS INC COM USD3.125 349631101 569 18000 SH SOLE 18000
FOSTER WHEELER CORP COM USD1 350244109 833 63200 SH SOLE 63200
FRONTIER INS GRP INC COM USD.01 359081106 465 36100 SH SOLE 36100
GATX CORP COM USD.625 361448103 667 17600 SH SOLE 17600
SUBTOTAL: 65956
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FORM 13F
Page 4 of 5 Name of Reporting Manager: Noesis Corporation
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Quarter Ended December 31, 1998
<CAPTION>
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Item 5: Item 6: Item 8:
Item 2: Item 3: Item 4: Amount Investment Discretion Voting Authority (Shares)
Item 1: Title of CUSIP Market and Type ------------------------------- Item 7: ----------------------------
Name of Issuer Class Number Value of Security (a) Sole (b) Shared/ (c) Shared- Other Managers (a) Sole (b) Shared (c) None
Defined Other
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<S> <C> <C> <C> <C> <C> <C> <C>
GENENTECH INC COM USD.02 RED 368710307 956 12000 SH SOLE 12000
GENERAL MOTORS CORP COM USD1 370442105 1209 16900 SH SOLE 16900
GOODYEAR TIRE & RUBBER CO COM NPV 382550101 1881 37300 SH SOLE 37300
W.R. GRACE & CO. COM 38388F108 367 23400 SH SOLE 23400
HCR MANOR CARE COM USD.01 404134108 1680 57200 SH SOLE 57200
HRPT PROPERTIES TRUST COM USD.01 40426W101 409 29100 SH SOLE 29100
HSB GROUP INC COM USD2.5 40428N109 439 10700 SH SOLE 10700
HANNA (M A) CO COM USD1 410522106 287 23300 SH SOLE 23300
HANSON PLC -ADR ADR 411352404 924 23700 SH SOLE 23700
HARSCO CORP COM USD1.25 415864107 377 12400 SH SOLE 12400
HEALTH MANAGEMNT ASSC CL A COM USD.01 421933102 2054 95000 SH SOLE 95000
HEINZ (H J) CO COM USD.25 423074103 3364 59400 SH SOLE 59400
HIBERNIA CORP -CL A CL A COM NPV 428656102 917 52800 SH SOLE 52800
HILLENBRAND INDUSTRIES COM NPV 431573104 3577 62900 SH SOLE 62900
HONDA MOTOR LTD -ADR ADR 438128308 307 4600 SH SOLE 4600
HUBBELL INC. -CL B COM 443510201 384 10100 SH SOLE 10100
IBP INC COM USD.05 449223106 1040 35700 SH SOLE 35700
K N ENERGY INC COM USD5 482620101 1091 30000 SH SOLE 30000
KINDER MORGAN ENERGY PARTNERS LP UNTS NPV 494550106 1109 30600 SH SOLE 30600
KNIGHT-RIDDER INC COM USD.023 499040103 1283 25100 SH SOLE 25100
LSI LOGIC CORP COM NPV 502161102 2395 148500 SH SOLE 148500
LA-Z-BOY CHAIR CO COM USD1 505336107 224 12600 SH SOLE 12600
LAFARGE CORP COM USD1 505862102 227 5600 SH SOLE 5600
LEGGETT & PLATT INC COM USD1 524660107 1492 67800 SH SOLE 67800
LIMITED INC COM USD.5 532716107 3958 135900 SH SOLE 135900
LONE STAR INDUSTRIES COM USD1 542290408 2952 80200 SH SOLE 80200
MBNA CORP COM NPV 55262L100 2307 92500 SH SOLE 92500
MDU RESOURCES GROUP INC COM USD5 552690109 1181 44900 SH SOLE 44900
MAGNA INTERNATIONAL -CL A CL A COM NPV 559222401 973 15700 SH SOLE 15700
MASCO CORP COM USD1 574599106 2036 70800 SH SOLE 70800
MASCOTECH INC COM USD1 574670105 257 15000 SH SOLE 15000
MEAD CORP COM NPV 582834107 278 9500 SH SOLE 9500
MILLS CORP COM USD.01 601148109 290 14600 SH SOLE 14600
MOTOROLA INC COM USD3 620076109 3413 55900 SH SOLE 55900
MUSICLAND STORES CORP COM USD.01 62758B109 724 48500 SH SOLE 48500
NATIONAL SEMICONDUCTOR CORP COM USD.5 637640103 886 65600 SH SOLE 65600
NEW PLAN EXCEL REALTY TRUST COM NPV 648053106 273 12300 SH SOLE 12300
OMNICOM GROUP COM USD.5 681919106 2303 39700 SH SOLE 39700
OWENS CORNING COM USD.1 69073F103 3161 89200 SH SOLE 89200
PECO ENERGY CO COM NPV 693304107 1195 28700 SH SOLE 28700
P G & E CORPORATION COM USD5 69331C108 3859 122500 SH SOLE 122500
PIMCO ADVISORS HOLDINGS LP LP UNTS NPV 69338P102 395 12700 SH SOLE 12700
PAINE WEBBER GROUP COM USD1 695629105 328 8500 SH SOLE 8500
PENNEY (J C) CO COM USD.5 708160106 1584 33800 SH SOLE 33800
PEP BOYS-MANNY MOE & JACK COM USD1 713278109 737 47000 SH SOLE 47000
PHILIPS ELECTR NV -NY SHARE NY SHS 718337504 3175 46900 SH SOLE 46900
PLAYTEX PRODUCTS INC COM NPV 72813P100 162 10100 SH SOLE 10100
POLICY MANAGEMENT SYSTEMS CP COM USD.01 731108106 1848 36600 SH SOLE 36600
POST PROPERTIES INC COM USD.01 737464107 1991 51800 SH SOLE 51800
PROTECTIVE LIFE CORP COM USD.5 743674103 2795 70200 SH SOLE 70200
FALCON DRILLING COMPANY INC COM 74912E101 214 28000 SH SOLE 28000
RALSTON PURINA CO COM USD.1 751277302 793 24500 SH SOLE 24500
RAYMOND JAMES FINANCIAL CORP COM USD.01 754730109 710 33600 SH SOLE 33600
RELIANCE GROUP HOLDINGS COM USD.1 759464100 489 38000 SH SOLE 38000
RELIASTAR FINANCIAL CORP COM USD1.25 75952U103 1287 27900 SH SOLE 27900
SUBTOTAL: 74547
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FORM 13F
Page 5 of 5 Name of Reporting Manager: Noesis Corporation
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Quarter Ended December 31, 1998
<CAPTION>
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Item 5: Item 6: Item 8:
Item 2: Item 3: Item 4: Amount Investment Discretion Voting Authority (Shares)
Item 1: Title of CUSIP Market and Type ------------------------------- Item 7: ----------------------------
Name of Issuer Class Number Value of Security (a) Sole (b) Shared/ (c) Shared- Other Managers (a) Sole (b) Shared (c) None
Defined Other
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<S> <C> <C> <C> <C> <C> <C> <C>
REPSOL SA -ADR SPON ADR 76026T205 382 7000 SH SOLE 7000
ROBERT HALF INTL INC COM USD1 770323103 1528 34200 SH SOLE 34200
THE ST JOE COMPANY COM USD100 790148100 619 26400 SH SOLE 26400
SARA LEE CORP COM USD1.333 803111103 755 26800 SH SOLE 26800
SCHWAB (CHARLES) CORP COM USD.01 808513105 629 11200 SH SOLE 11200
SEAGRAM CO LTD COM NPV 811850106 889 23400 SH SOLE 23400
SHAW INDUSTRIES INC COM NPV 820286102 1438 59300 SH SOLE 59300
SHOPKO STORES INC COM USD.01 824911101 745 22400 SH SOLE 22400
SONY CORP -AMER SHARES ADR 835699307 2892 40300 SH SOLE 40300
SOTHEBY'S HOLDINGS -CL A CL A COM USD.1 835898107 790 24700 SH SOLE 24700
SOUTHWEST AIRLINES COM USD1 844741108 2055 91600 SH SOLE 91600
STANLEY WORKS COM USD2.5 854616109 2514 90600 SH SOLE 90600
STORAGE TECHNOLOGY CP -CL A CL A COM NPV 862111200 381 10700 SH SOLE 10700
SUMMIT PROPERTIES INC COM USD.01 866239106 204 11800 SH SOLE 11800
TENNECO INC COM USD5 88037E101 698 20500 SH SOLE 20500
TEXACO INC COM USD6.25 881694103 793 15000 SH SOLE 15000
TOLL BROTHERS INC COM USD.01 889478103 264 11700 SH SOLE 11700
USG CORP COM USD4 903293405 494 9700 SH SOLE 9700
UNISYS CORP COM USD.01 909214108 3860 112100 SH SOLE 112100
UNOCAL CORP COM USD1 915289102 2084 71400 SH SOLE 71400
VASTAR RESOURCES INC COM USD.01 922380100 579 13400 SH SOLE 13400
VENATOR GROUP INC COM USD3 922944103 370 57400 SH SOLE 57400
VIACOM INC. -CL B COM 925524308 2316 31300 SH SOLE 31300
VISHAY INTRTECHNOLOGY COM USD.1 928298108 829 57200 SH SOLE 57200
WAL-MART STORES COM USD.1 931142103 717 8800 SH SOLE 8800
WARNER-LAMBERT CO COM USD1 934488107 4737 63000 SH SOLE 63000
WELLMAN INC COM USD.001 949702104 499 49000 SH SOLE 49000
WESTERN DIGITAL CORP COM USD.1 958102105 1220 81000 SH SOLE 81000
WITCO CORP COM USD5 977385103 682 42800 SH SOLE 42800
LORAL SPACE & COMMUNICATIONS COM USD.01 G56462107 183 10300 SH SOLE 10300
SUBTOTAL: 36146
REPORT SUMMARY 136 DATA RECORDS 176649 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
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