UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Quarter Ended: March 31, 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: PACIFIC LIFE INSURANCE COMPANY
Address: 700 Newport Center Drive
Newport Beach, CA 92660
13F File Number: 28-351
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: Yves Pinkowitz
Title: VP, Securities Administration
Phone: 949-219-5093
Signature, Place, and Date of Signing
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
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total:119
Form 13F Information Table Value Total: $253,099,370
List of Other Included Managers:
None
<PAGE>
PACIFIC LIFE INSURANCE COMPANY
PER SEC 13F
AS OF : 03/31/2000
<TABLE>
NAME OF ISSUER CLASS CUSIP FAIR MKT SHARES SH/ INVEST VOTING
VALUE PRINCIPA PRN DISCRETIAUTHORITY
$(000) AMOUNT
<S> <C> <C> <C> <S> <C>
AES CORP CONV JR SUB NT DEB 00130HAN5 1,540.0 1000000PRN SOLE 0
AFFYMETRIX INC CONV 144A_SUB NT DEB 00826TAA6 643. 500000PRN SOLE 0
AFFYMETRIX INC SUB NT CONV 144A DEB 00826TAC2 339. 500000PRN SOLE 0
ALKMERES INC CONV SUB NT 144A DEB 01642TAA6 840. 1000000PRN SOLE 0
ALLIED CAPITAL CORP COM 01903Q108 732. 42034SH SOLE 42034
ALPHARMA INC CONV SR SUB NT 144A DEB 020813AC5 635. 500000PRN SOLE 0
ALZA CORP CONV SUB DEB DEB 022615AD0 2,157.5 2000000PRN SOLE 0
AMERICA ONLINE CONV ZERO SUB PUT 12/6/04 DEB 02364JAC8 2,475.0 4500000PRN SOLE 0
AMERICAN CAPITAL STRATEGIES LTD COM 024937104 1,268.7 50000SH SOLE 50000
AMERICAN GEN CONV PFD MIPS $50 PAR PFD 02637G200 2,165.5 30500SH SOLE 0
AMERICAN TELEPHONE & TEL COM 001957109 262. 4655SH SOLE 4655
AMERICAN TOWER CORP CONV PT2/15/07 144A DEB 029912AE2 1,704.3 1500000PRN SOLE 0
AMFM INC COM 001693100 1,716.5 27631SH SOLE 27631
APACHE CORP CONV PFD $31PAR PFD 037411600 1,350.0 30000SH SOLE 0
AT HOME CORP CONV SUB DEB PT12/28/03 DEB 045919AC1 522. 1000000PRN SOLE 0
AT HOME CORP CONV SUB DEB PUT 12/28/03 DEB 045919AA5 522. 1000000PRN SOLE 0
AT&T CORP - LIBERTY MEDIA COM 001957208 1,890.0 31866SH SOLE 31866
AUTOMATIC DATA PRCSSNG CNVPT 2/20/02 SUB DEB 053015AC7 2,520.0 2000000PRN SOLE 0
BEA SYSTEMS INC CONV SUB NT 144A DEB 073325AC6 1,218.7 1000000PRN SOLE 0
BOYD GAMING CORP COM 103304101 246. 50000SH SOLE 50000
BURR-BROWN CORP CONV SUB NT 144A DEB 122574AD8 1,145.0 1000000PRN SOLE 0
CANADIAN NATL RAILWAY CONV PFD $50PAR PFD 136375409 416. 10000SH SOLE 0
CAPSTAR HOTEL CORP CONV SUB NT DEB 140918AC7 1,093.1 1500000PRN SOLE 0
CHECKFREE HOLDINGS CORP CONV 144A SUB NT DEB 162816AA0 557. 500000PRN SOLE 0
CHEVRON CORP COM 166751107 999. 10817SH SOLE 10817
CHIQUITA BRANDS CONV SUB DEB DEB 170032AH9 1,142.4 1360000PRN SOLE 0
CIRRUS LOGIC INC CONV SUB NT DEB 172755AC4 450. 500000PRN SOLE 0
CITIZENS UTILITIES CO CONV PFD$50 PAR PFD 177351202 350. 5600SH SOLE 0
CKE RESTAURANTS INC CONV SUB NT DEB 12561EAB1 1,631.2 3000000PRN SOLE 0
CNF TRUST I SER A CONV PFD $50 PAR PFD 12612V205 1,275.0 30000SH SOLE 0
COMMSCOPE INC CONV SUB NT 144A DEB 203372AA5 1,792.5 1500000PRN SOLE 0
COMSTOCK RESOURCES INC COM 205768203 587. 106754SH SOLE 106754
CONEXANT SYSTEMS INC CONV SUB NT 144A DEB 207142AA8 1,593.7 500000PRN SOLE 0
CONEXANT SYSTEMS INC CONV SUB NT 144A DEB 207142AD2 910. 1000000PRN SOLE 0
CORNERSTONE PROPANE PARTNERS LP COM 218916104 28,339.2 2244690SH SOLE 2244690
CYMER INC SUB NT CONV STEP UP DEB 232572AC1 1,165.0 1000000PRN SOLE 0
CYPRESS SEMICONDUCTOR CONV SUB NT DEB 232806AE9 1,247.5 1000000PRN SOLE 0
DEVON ENERGY CORP COM 25179M103 1,592.1 32786SH SOLE 32786
DIAMOND OFFSHORE DRILL CONV SUB NT DEB 25271CAA0 2,850.0 2500000PRN SOLE 0
DIGITAL ISLAND INC CONV BOND DEB 25385NAA9 693. 1000000PRN SOLE 0
DOUBLECLICK INC CONV SUB NT 144A DEB 258609AA4 1,142.5 500000PRN SOLE 0
E TRADE GROUP INC CONV SUB NT 144A DEB 269246AA2 1,375.0 1000000PRN SOLE 0
EFFICIENT NETWORKS INC CONV SUB NT 144A DEB 282056AA8 1,016.2 1000000PRN SOLE 0
EL PASO ENER CAP TRUST CONV PFD $50 PAR PFD 283678209 1,050.0 20000SH SOLE 0
EMC CORP CONV SUB NT DEB 268648AE2 1,532.5 1000000PRN SOLE 0
EMMIS COMM CONV PFD $50PAR PFD 291525202 645. 10000SH SOLE 0
EXCITE@HOME CONV SUB NT 144A DEB 045919AD9 2,034.3 2500000PRN SOLE 0
FINOVA FINANCE TR CONV PFD $50 PAR PFD 31808E207 330. 10000SH SOLE 0
GETTY IMAGES INC CONV SUB NT 144A DEB 374276AD5 1,211.2 1500000PRN SOLE 0
GLOBALSTAR TELECOMMUNICATION COM G3930H104 286. 20645SH SOLE 20645
HEALTHSOUTH CORP CONV SUB DEB DEB 421924AF8 390. 500000PRN SOLE 0
HILTON HOTELS CORP CONV SUB NT DEB 432848AL3 5,320.0 7000000PRN SOLE 0
HOLLINGER INTL INC COM 435569108 247. 23000SH SOLE 23000
HUANENG POWER INTL PLC CONV PT 5/21/02 DEB 443304AA8 14,007.513000000PRN SOLE 0
IBASIS INC CONV SUB NT DEB 450732AA0 683. 1000000PRN SOLE 0
IMCLONE SYSTEMS CONV SUB NT 144A DEB 45245WAA7 872. 1000000PRN SOLE 0
INTERIM SERVICES INC CONV SUB NT DEB 45868PAA8 1,797.1 2250000PRN SOLE 0
INTERMEDIA COMMUNICATIONS INC COM 458801107 256. 5300.75SH SOLE 5300.75
INTERPUBLIC GROUP CO INC CONV SUB NT144A DEB 460690AG5 2,525.0 2500000PRN SOLE 0
JOHN HANCOCK FINANCIAL SRVCS COM 41014S106 10,548.5 584000SH SOLE 584000
JUNIPER NETWORKS INC CONV SUB NT DEB 48203RAA2 992. 1000000PRN SOLE 0
KERR-MCGEE CORP CONV SUB NT DEB 492386AP2 1,725.0 1500000PRN SOLE 0
KMART FINANCING CONV PFD $50 PAR PFD 498778208 430. 10000SH SOLE 0
LATTICE SEMICNDCTR CO CONV BD 144A SUB DEB 518415AA2 2,745.0 1500000PRN SOLE 0
LEAR CORP COM 521865105 510. 18150SH SOLE 18150
LORAL SPACE & COMM CONV PFD SER C $50PAR PFD G56462149 323. 10000SH SOLE 0
LSI LOGIC CORP CONV SUB NT DEB 502161AE2 1,236.2 1000000PRN SOLE 0
MAGNA INTL INC CONV SUB DEB 144A DEB 559222AF1 430. 500000PRN SOLE 0
MASCOTECH INC CONV SUB DEB DEB 574670AB1 5,206.2 7000000PRN SOLE 0
MCLEODUSA INC CL A COM 582266102 35 418SH SOLE 418
MEDITRUST CONV DEB REIT DEB 58501TAC2 2,432.5 2800000PRN SOLE 0
MILLENNIUM PHARMACEUTICALS CONV 144A SUB DEB 599902AA1 451. 500000PRN SOLE 0
MITSUBISHI BK LTD INTL FIN NT EXCH CONV DEB 55262XAA2 1,125.0 1000000PRN SOLE 0
NATL AUSTRALIA BANK LTD CONV PFD $25PAR PFD 632525309 539. 22400SH SOLE 0
NETWORK ASSOC INC CNV SUB PT2/13/03 144A DEB 640938AA4 950. 2500000PRN SOLE 0
OMNICOM GRP CONV SUB DEB PT01/03/03 144A DEB 681919AC0 1,482.5 500000PRN SOLE 0
OWENS ILLINOIS INC CONV PFD $50PAR PFD 690768502 1,082.5 40000SH SOLE 0
PENNEY J C INC COM 708160106 55 3712SH SOLE 3712
PEP BYS MANNY MOE&JACK SUB CNV PT9/20/01 DEB 713278AJ8 9,159.717700000PRN SOLE 0
PREMIER FARNELL CONV PFD $1.35$25 PAR PFD 74050U206 380. 20000SH SOLE 0
PRISON REALTY CORP COM 74264N105 13,396.7 4374455SH SOLE 4374455
RATIONAL SOFTWARE CORP CONV SUB NT 144A DEB 75409PAA1 1,867.5 1500000PRN SOLE 0
ROGERS COMM INC CONV DEB DEB 775109AE1 2,030.0 2000000PRN SOLE 0
RTI INTERNATIONAL METALS INC COM 74973W107 176. 20000SH SOLE 20000
SAFEGUARD SCIENTIFICS CONV SUB NT 144A DEB 786449AD0 1,505.0 500000PRN SOLE 0
SBC COMMUNICATIONS INC CONV PFD(TELEMEX) PFD 78387G202 2,480.0 20000SH SOLE 0
SCI SYSTEMS INC CONV SUB NT DEB 783890AF3 1,666.8 1500000PRN SOLE 0
SEACOR HOLDINGS INC CONV BD SUB NT DEB 811904AE1 510. 500000PRN SOLE 0
SEAGRAM CO LTD CONV PFD $50PAR PFD 811850205 1,110.0 20000SH SOLE 0
SEALED AIR CORP CONV PFD SER A $50 PAR PFD 81211K209 1,350.3 26000SH SOLE 0
SEMTECH CORP CONV SUB NT 144A DEB 816850AB7 471. 500000PRN SOLE 0
SEPRACOR INC CONV NT 144A SUB DEB DEB 817315AF1 1,316.2 1000000PRN SOLE 0
SEPRACOR INC CONV SUB DEB DEB 817315AH7 1,316.2 1000000PRN SOLE 0
SOVEREIGN BANCORP INC COM 845905108 410. 54312SH SOLE 54312
SOVEREIGN CAP TRUST II CONV PFD $50PAR PFD 845905306 1,462.5 30000SH SOLE 0
ST PAUL CAPITAL CONV PFD MIPS $ 50 PAR PFD 792856205 597. 10000SH SOLE 0
STATION CASINOS INC COM 857689103 349. 16000SH SOLE 16000
STMICROELECTRONICS NV CONV PT9/22/2004 DEB 861012AB8 4,942.5 3000000PRN SOLE 0
TELEFONOS DE MEXICO S A CONV SR DEB DEB 879403AD5 1,553.7 1000000PRN SOLE 0
TESORO PETROLEUM CORP CONV PFD $15PAR PFD 881609408 485. 40000SH SOLE 0
THERMO FIBERTEK INC SUB CONV BD 144A DEB 88355WAA3 1,700.0 2000000PRN SOLE 0
THERMO INSTRUMENT SYS CONV SR DEB 144A DEB 883559AC0 4,575.0 5000000PRN SOLE 0
THERMO INSTRUMENT SYSTEMS CONV DEB 883559AE6 4,812.5 5500000PRN SOLE 0
THERMOLASE CORP CONV SUB DEB 144A DEB 883624AA6 10,080.012000000PRN SOLE 0
THERMOQUEST CORPORATION CONV 144A DEB 883655AA0 2,556.2 2500000PRN SOLE 0
THERMOTREX CORP CONV SUB DEB DEB 883666AA7 2,096.4 3000000PRN SOLE 0
TOTAL RENAL CARE HLDGS CONV SUB NT 144A DEB 89151AAA5 1,740.0 3000000PRN SOLE 0
TOWER AUTOMOTIVE INC CONV SUB NT DEB 891707AE1 428. 500000PRN SOLE 0
TRIQUINT SEMICONDUCTOR CONV SUB NT 144A DEB 89674KAA1 746. 1000000PRN SOLE 0
U S RESTAURANT PROPERTIES INC COM 902971100 22,659.0 1734661SH SOLE 1734661
UNITED GLOBAL COM CONV PFD SER D $50PAR PFD 913247805 1,360.0 20000SH SOLE 0
VALERO ENERGY CORP-NEW COM 91913Y100 435. 14225SH SOLE 14225
VITESSE SEMICNDTR CORP CONV SUB DEB 144A DEB 928497AA4 2,072.6 2000000PRN SOLE 0
VODAFONE AIRTOUCH PLC COM 92857T107 2,221.9 39990SH SOLE 39990
WASTE MANAGEMENT INC COM 94106L109 226. 16538SH SOLE 16538
WASTE MGMT INC CONV SUB NT DEB 94106LAA7 877. 1000000PRN SOLE 0
WENDYS FIN I SER A CONV PFD $50PAR PFD 950588202 470. 10000SH SOLE 0
WILLIAMS CO COM 969457100 1,180.8 26875SH SOLE 26875
WIND RIVER SYSTEMS INC CONV SUB NT DEB 973149AC1 712. 500000PRN SOLE 0
</TABLE>
