UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 30 June 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: Beta Management Limited
Address: Second Floor, Zephyr House, Mary Street
P.O. Box 709
George Town, Grand Cayman
Cayman Islands, BWI
13F File Number:
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: Rajpal Arulpragasam
Title: President
Phone: (203) 497-8750
Rajpal Arulpragasam New Haven, CT 14 July 2000
Report Type (Check only one)
[X] 13F HOLDINGS REPORT
[ ] 13F NOTICE
[ ] 13F COMBINATION REPORT
List of Other Managers Reporting for this Manager:
<TABLE> <C> <C>
FORM 13F INFORMATION TABLE
NAME OF TITLE OF CUSIP VALUE SHARES SH/PRN INVST OTHER VOTING AUTHORITY
ISSUER CLASS (x$1000) DESC MGR SOLE SHARED NONE
------------------------------------------------------------------------------------------------------------------------
3com Corp. COM 885535104 1049 18200 SH SOLE 12600 0 5600
AETHER SYSTEMS INC COM 00808V105 103 500 SH SOLE 400 0 100
AMDOCS LTD COM 860 11200 SH SOLE 7400 0 3800
AMFM Inc. COM 001693100 1504 21800 SH SOLE 14400 0 7400
APEX Inc. COM 037548104 1006 23000 SH SOLE 14400 0 8600
AVANEX CORP. COM 05348W109 764 8000 SH SOLE 5200 0 2800
Actv Inc. COM 00088E104 747 50000 SH SOLE 33600 0 16400
Alcatel SA COM 013904305 1623 24400 SH SOLE 16200 0 8200
Allegiance Telecom I COM 01747T102 902 14100 SH SOLE 9400 0 4700
Alteon Websystems In COM 02145A109 660 6600 SH SOLE 4300 0 2300
America Online Inc. COM 02364J104 1914 36200 SH SOLE 23800 0 12400
Ariba Inc. COM 04033V104 784 8000 SH SOLE 5000 0 3000
Aspect Telecommunica COM 045237104 715 18200 SH SOLE 11500 0 6700
At Home Corp. COM 045919107 838 40400 SH SOLE 26700 0 13700
Automatic Data Proce COM 053015103 803 15000 SH SOLE 9900 0 5100
Autozone Inc. COM 053332102 620 28200 SH SOLE 18800 0 9400
BP Amoco Plc COM 055622104 1446 25564 SH SOLE 16964 0 8600
Bank One Corp. COM 06423A103 1065 40100 SH SOLE 25800 0 14300
Barrick Gold Corp. COM 067901108 2315 127300 SH SOLE 76300 0 51000
Bear Stearns Compani COM 073902108 1490 35800 SH SOLE 23700 0 12100
Bellsouth Corporatio COM 079860102 938 22000 SH SOLE 14600 0 7400
Biovail Corporation COM 09067K106 2273 41000 SH SOLE 27100 0 13900
Broadbase Software I COM 11130R100 965 31500 SH SOLE 21400 0 10100
Burlington Northern COM 12189T104 1005 43800 SH SOLE 28600 0 15200
C P & L ENERGY INC COM 12614C106 949 29700 SH SOLE 19600 0 10100
C-COR.net Corporatio COM 125010108 775 28700 SH SOLE 19200 0 9500
CALIPER TECHNOLOGIES COM 130876105 708 15400 SH SOLE 10300 0 5100
COX Communications I COM 224044107 1927 42300 SH SOLE 27900 0 14400
CSX Corp. COM 126408103 1820 85900 SH SOLE 52900 0 33000
CVS Corp. COM 126650100 1232 30800 SH SOLE 20900 0 9900
Cabletron Systems COM 126920107 2028 80300 SH SOLE 53500 0 26800
Cablevision Systems COM 12686C109 1968 29000 SH SOLE 19100 0 9900
Cadence Design Syste COM 127387108 2229 109400 SH SOLE 72000 0 37400
Calpine Corp. COM 131347106 940 14300 SH SOLE 8700 0 5600
Celestica COM 15101Q108 1077 21700 SH SOLE 14400 0 7300
CenturyTel Inc. COM 156700106 1958 68100 SH SOLE 44900 0 23200
Cigna Corp. COM 125509109 1337 14300 SH SOLE 9500 0 4800
Circuit City Stores- COM 172737108 853 25700 SH SOLE 17000 0 8700
Cisco Systems Inc. COM 17275R102 1328 20900 SH SOLE 13700 0 7200
Clear Channel Commun COM 184502102 1530 20400 SH SOLE 13500 0 6900
Colgate-Palmolive Co COM 194162103 964 16100 SH SOLE 10700 0 5400
Columbia Energy Grou COM 197648108 4292 65400 SH SOLE 43200 0 22200
Compaq Computer Corp COM 204493100 1281 50100 SH SOLE 33100 0 17000
Computer Associates COM 204912109 916 17900 SH SOLE 11800 0 6100
Computer Sciences Co COM 205363104 553 7400 SH SOLE 4400 0 3000
Comverse Technology COM 205862402 1088 11700 SH SOLE 7800 0 3900
Conagra Inc. COM 205887102 1209 63400 SH SOLE 41500 0 21900
Conexant Systems Inc COM 207142100 851 17500 SH SOLE 11700 0 5800
Continental Airlines COM 210795308 1481 31500 SH SOLE 20800 0 10700
Convergys Corp. COM 212485106 1053 20300 SH SOLE 13400 0 6900
Costco Wholesale Cor COM 22160K105 815 24700 SH SOLE 16300 0 8400
Countrywide Credit I COM 222372104 1231 40600 SH SOLE 26800 0 13800
Credence Systems Cor COM 225302108 1071 19400 SH SOLE 12800 0 6600
Critical Path Inc COM 22674V100 770 13200 SH SOLE 8800 0 4400
Crown Castle Interna COM 228227104 1168 32000 SH SOLE 21200 0 10800
Cypress Semiconducto COM 232806109 786 18600 SH SOLE 12200 0 6400
Deere & Co. COM 244199105 744 20100 SH SOLE 12000 0 8100
Delta Air Lines Inc. COM 247361108 1062 21000 SH SOLE 13900 0 7100
Diamond Technology P COM 252762109 959 10900 SH SOLE 7100 0 3800
Disney (Walt) COM 254687106 1917 49400 SH SOLE 32600 0 16800
Donaldson, Lufkin & COM 257661108 530 12500 SH SOLE 8200 0 4300
Dow Jones & Co. Inc. COM 260561105 1978 27000 SH SOLE 17800 0 9200
E*trade Group Inc. COM 269246104 1547 93765 SH SOLE 61965 0 31800
Eastman Kodak Co. COM 277461109 3052 51300 SH SOLE 33900 0 17400
Eaton Corp. COM 278058102 1548 23100 SH SOLE 15200 0 7900
Edison International COM 281020107 1263 61600 SH SOLE 40600 0 21000
Electronic Data Syst COM 285661104 677 16400 SH SOLE 10900 0 5500
Eli Lilly & Co. COM 532457108 1718 17200 SH SOLE 11400 0 5800
Emmis Communications COM 291525103 782 18900 SH SOLE 12800 0 6100
Enron Corp. COM 293561106 942 14600 SH SOLE 9400 0 5200
Express Scripts Inc. COM 302182100 2187 35200 SH SOLE 22700 0 12500
FDX Corporation COM 31304N107 657 17300 SH SOLE 11400 0 5900
FREEMARKETS INC COM 356602102 830 17500 SH SOLE 11500 0 6000
Fairchild Semiconduc COM 303726103 1373 33900 SH SOLE 22400 0 11500
Federated Department COM 31410H101 577 17100 SH SOLE 11300 0 5800
Fifth Third Bancorp COM 316773100 822 13000 SH SOLE 8500 0 4500
First Data Corp. COM 319963104 948 19100 SH SOLE 12600 0 6500
Fox Entertainment Gr COM 35138T107 787 25900 SH SOLE 17100 0 8800
GALILEO TECHNOLOGY L COM 432 20100 SH SOLE 12800 0 7300
GLOBAL TELESYSTEMS G COM 37936U104 715 59300 SH SOLE 38000 0 21300
GTE Corporation COM 362320103 1370 22000 SH SOLE 11100 0 10900
Gap Inc. COM 364760108 672 21500 SH SOLE 14200 0 7300
Genentech Inc COM 368710406 843 4900 SH SOLE 3100 0 1800
General Motors Corp. COM 370442105 1126 19400 SH SOLE 12800 0 6600
Gillette Company COM 375766102 713 20400 SH SOLE 13500 0 6900
GoTo.Com COM 38348T107 582 38000 SH SOLE 25500 0 12500
Goodrich (B.F.) Co. COM 382388106 1587 46600 SH SOLE 30800 0 15800
Grainger (W.W.) Inc. COM 384802104 684 22200 SH SOLE 14700 0 7500
Harley-Davidson Inc. COM 412822108 27 700 SH SOLE 0 0 700
Harris Corp. COM 413875105 832 25400 SH SOLE 16800 0 8600
Hasbro Inc. COM 418056107 598 39700 SH SOLE 26300 0 13400
Helix Technology Cor COM 423319102 1119 28700 SH SOLE 18900 0 9800
Hewlett-Packard CO. COM 428236103 899 7200 SH SOLE 4800 0 2400
Home Depot Inc. COM 437076102 3216 64400 SH SOLE 42500 0 21900
Household Internatio COM 441815107 823 19800 SH SOLE 13100 0 6700
Hughes Electronics C COM 370442832 1246 14200 SH SOLE 9300 0 4900
Hyperion Solutions C COM 44914M104 58 1800 SH SOLE 1100 0 700
ICG Communications I COM 449246107 783 35500 SH SOLE 23500 0 12000
IDT Corp. COM 448947101 726 21400 SH SOLE 14100 0 7300
Idec Pharmaceuticals COM 449370105 821 7000 SH SOLE 4800 0 2200
Illinois Tool Works COM 452308109 781 13700 SH SOLE 9000 0 4700
Infosys Technologies COM 456788108 620 3500 SH SOLE 2200 0 1300
Inktomi Corp. COM 457277101 1336 11300 SH SOLE 7100 0 4200
Intel Corp. COM 458140100 281 2100 SH SOLE 800 0 1300
Internap Network Ser COM 45885A102 1333 32100 SH SOLE 19800 0 12300
International Busine COM 459200101 701 6400 SH SOLE 4200 0 2200
Interpublic Group Co COM 460690100 886 20600 SH SOLE 13600 0 7000
Invitrogen Corp. COM 46185R100 955 12700 SH SOLE 8500 0 4200
JAZZTEL PIC COM 47214R152 614 23400 SH SOLE 15600 0 7800
JNI CORP COM 46622G105 895 28300 SH SOLE 18800 0 9500
Jabil Circuit Inc. COM 466313103 1136 22900 SH SOLE 15600 0 7300
Johnson & Johnson COM 478160104 1345 13200 SH SOLE 8700 0 4500
Kansas City Southern COM 485170104 1605 18100 SH SOLE 12000 0 6100
Keycorp COM 493267108 629 35700 SH SOLE 23600 0 12100
Knight Ridder Inc. COM 499040103 1862 35000 SH SOLE 23100 0 11900
Knight Trading Group COM 499063105 1321 44300 SH SOLE 28800 0 15500
LIZ Claiborne Inc. COM 539320101 1445 41000 SH SOLE 27100 0 13900
LTX Corp. COM 502392103 482 13800 SH SOLE 9100 0 4700
Lam Research Corp. COM 512807108 1376 36700 SH SOLE 24700 0 12000
Lehman Brothers Hold COM 524908100 1986 21000 SH SOLE 14100 0 6900
Lexmark Internationa COM 529771107 1264 18800 SH SOLE 12400 0 6400
Liberate Technologie COM 530129105 835 28500 SH SOLE 19100 0 9400
Limited Inc. COM 532716107 1198 55400 SH SOLE 36600 0 18800
Lowe's Companies COM 548661107 1478 36000 SH SOLE 23900 0 12100
MBNA Corp. COM 55262L100 567 20900 SH SOLE 11800 0 9100
MGIC Investment Corp COM 552848103 1916 42100 SH SOLE 26700 0 15400
MIPS Technologies In COM 604567107 961 22600 SH SOLE 13300 0 9300
Macrovision Corp. COM 555904101 735 11500 SH SOLE 7600 0 3900
Manugistics Group In COM 565011103 1281 27400 SH SOLE 17700 0 9700
Marsh & McLennan Cos COM 571748102 1807 17300 SH SOLE 11500 0 5800
Masco Corp. COM 574599106 939 52000 SH SOLE 35100 0 16900
Mattel Inc. COM 577081102 795 60300 SH SOLE 36800 0 23500
Mbia Inc. COM 55262C100 689 14300 SH SOLE 9500 0 4800
MediaOne Group Inc. COM 58440J104 2079 31200 SH SOLE 20600 0 10600
Merrill Lynch & Co. COM 590188108 1472 12800 SH SOLE 8400 0 4400
Methode Electronics COM 591520200 1031 26700 SH SOLE 18200 0 8500
Millipore Corp. COM 601073109 2133 28300 SH SOLE 18000 0 10300
Morgan Stanley Dean COM 617446448 1032 12400 SH SOLE 8300 0 4100
NEXT LEVEL COMMUNICA COM 65333U104 652 7600 SH SOLE 3500 0 4100
NEXTEL PARTNERS INC. COM 65333F107 606 18600 SH SOLE 12500 0 6100
National City Corp. COM 635405103 1641 96200 SH SOLE 67400 0 28800
National Semiconduct COM 637640103 1095 19300 SH SOLE 12700 0 6600
Net2Phone Inc. COM 64108N106 1081 30300 SH SOLE 20100 0 10200
Network Associates I COM 640938106 1055 51800 SH SOLE 34100 0 17700
New York Times Co. COM 650111107 1118 28300 SH SOLE 18800 0 9500
Newmont Mining Corp. COM 651639106 1966 90900 SH SOLE 55100 0 35800
News Corporation Lim COM 652487703 2049 37600 SH SOLE 24900 0 12700
Nike Inc. COM 654106103 733 18400 SH SOLE 12200 0 6200
Nortel Networks Corp COM 656568102 188 2756 SH SOLE 1456 0 1300
Novellus Systems Inc COM 670008101 1250 22100 SH SOLE 14600 0 7500
Nucor Corp. COM 670346105 996 30000 SH SOLE 19900 0 10100
ORBOTECH LTD COM 1031 11100 SH SOLE 7300 0 3800
ORCKIT COMMUNICATION COM 883 29300 SH SOLE 19700 0 9600
Omnicom Group COM 681919106 1755 19700 SH SOLE 13000 0 6700
PALM INC COM 696642107 935 28000 SH SOLE 19100 0 8900
Paine Webber Group I COM 695629105 1383 30400 SH SOLE 20100 0 10300
Paradyne Networks Co COM 69911G107 915 28100 SH SOLE 18600 0 9500
Peoplesoft Inc. COM 712713106 1124 67100 SH SOLE 48200 0 18900
Pepsico Inc. COM 713448108 1351 30400 SH SOLE 20100 0 10300
Peregrine Systems In COM 71366Q101 2006 57825 SH SOLE 37700 0 20125
Pfizer Inc. COM 717081103 2488 51825 SH SOLE 33375 0 18450
Philip Morris Compan COM 718154107 898 33800 SH SOLE 22400 0 11400
Phillips Petroleum C COM 718507106 2529 49900 SH SOLE 32000 0 17900
Photon Dynamics Inc. COM 719364101 1613 21600 SH SOLE 14900 0 6700
Placer Dome Inc. COM 725906101 1095 114500 SH SOLE 57500 0 57000
Portal Software COM 736126103 926 14500 SH SOLE 9700 0 4800
Priceline.com Inc. COM 741503106 1140 30000 SH SOLE 19900 0 10100
Proxicom Inc. COM 744282104 890 18600 SH SOLE 12300 0 6300
Qwest Communications COM 749121109 1287 25900 SH SOLE 17100 0 8800
Red Hat Inc. COM 756577102 658 24300 SH SOLE 15700 0 8600
Research In Motion L COM 760975102 652 14400 SH SOLE 10000 0 4400
Rhythms Netconnectio COM 762430205 590 47000 SH SOLE 32500 0 14500
SCI Systems Inc. COM 783890106 1826 46600 SH SOLE 30600 0 16000
SIRIUS SATELLITE RAD COM 82966U103 1631 36800 SH SOLE 24900 0 11900
Safeway Inc. COM 786514208 1227 27200 SH SOLE 17500 0 9700
Sandisk Corp. COM 80004C101 649 10600 SH SOLE 7000 0 3600
Schlumberger Ltd. COM 806857108 1507 20200 SH SOLE 13300 0 6900
Seagram Co. Ltd. COM 811850106 957 16500 SH SOLE 10900 0 5600
Sealed Air Corp. COM 81211K100 2200 42000 SH SOLE 27800 0 14200
Sears, Roebuck And C COM 812387108 1775 54400 SH SOLE 36800 0 17600
Sepracor Inc. COM 817315104 844 7000 SH SOLE 4700 0 2300
Software.Com Inc COM 83402P104 987 7600 SH SOLE 4900 0 2700
Solectron Corp. COM 834182107 2048 48900 SH SOLE 32000 0 16900
Southwest Airlines COM 844741108 1674 88400 SH SOLE 58500 0 29900
Sprint Corp. (FON Gr COM 852061100 933 18300 SH SOLE 12200 0 6100
Sprint Corp. (PCS Gr COM 852061506 1565 26300 SH SOLE 17400 0 8900
Spyglass Inc. COM 852192103 773 24700 SH SOLE 17000 0 7700
Staples Inc. COM 855030102 870 56600 SH SOLE 37300 0 19300
Starwood Hotels & Re COM 85590A203 752 23100 SH SOLE 15500 0 7600
Symantec Corp. COM 871503108 615 11400 SH SOLE 7500 0 3900
TELE SUDESTE CELULAR COM 879252 104 711 23300 SH SOLE 15700 0 7600
TELECOMUNICACOES DE COM 87929A102 744 40200 SH SOLE 26500 0 13700
TJX Companies Inc. COM 872540109 774 41300 SH SOLE 26400 0 14900
TURNSTONE SYSTEMS IN COM 900423104 712 4300 SH SOLE 3300 0 1000
TV Guide Inc COM 87307Q109 959 28000 SH SOLE 18500 0 9500
Tech Data Corp. COM 878237106 2065 47400 SH SOLE 31300 0 16100
Telefonica SA COM 879382208 1640 25600 SH SOLE 17000 0 8600
Telefonica de Argent COM 879378206 1670 52600 SH SOLE 34800 0 17800
Telefonos de Mexico COM 879403780 1245 21800 SH SOLE 15500 0 6300
Telephone & Data Sys COM 879433100 1624 16200 SH SOLE 9100 0 7100
Tiffany & Co. COM 886547108 1121 16600 SH SOLE 11000 0 5600
Time Warner Inc. COM 887315109 3610 47500 SH SOLE 31400 0 16100
Time Warner Telecom COM 887319101 740 11500 SH SOLE 7300 0 4200
Tosco Corp. COM 891490302 988 34900 SH SOLE 23100 0 11800
Toys R US Inc. COM 892335100 1600 109900 SH SOLE 66000 0 43900
Tricon Global Restau COM 895953107 1413 50000 SH SOLE 32700 0 17300
Tumbleweed Communica COM 899690101 799 15700 SH SOLE 11100 0 4600
UNITED PARCEL SERVIC COM 911312106 1086 18400 SH SOLE 12200 0 6200
US Cellular Corp. COM 911684108 599 9500 SH SOLE 6300 0 3200
US West Inc. COM 91273H101 1518 17700 SH SOLE 11700 0 6000
Union Pacific Corp. COM 907818108 1298 34900 SH SOLE 23100 0 11800
Unisys Corporation COM 909214108 788 54100 SH SOLE 34300 0 19800
United Technologies COM 913017109 1254 21300 SH SOLE 14000 0 7300
Univision Communicat COM 914906102 1832 17700 SH SOLE 11100 0 6600
VENTRO CORPORATION COM 922815105 521 27600 SH SOLE 18500 0 9100
Viant Corp. COM 92553N107 690 23300 SH SOLE 15400 0 7900
WEBMETHODS INC COM 94768C108 927 5900 SH SOLE 3900 0 2000
Wal-Mart Stores Inc. COM 931142103 1147 19900 SH SOLE 13200 0 6700
Walgreen Co. COM 931422109 1597 49600 SH SOLE 32800 0 16800
Washington Mutual In COM 939322103 2220 76900 SH SOLE 50800 0 26100
Waters Corp. COM 941848103 724 5800 SH SOLE 3800 0 2000
Watson Pharmaceutica COM 942683103 1172 21800 SH SOLE 14400 0 7400
Wells Fargo Company COM 949746101 2034 52500 SH SOLE 33800 0 18700
Westwood One Inc. COM 961815107 1058 31000 SH SOLE 20400 0 10600
Whirlpool Corp. COM 963320106 615 13200 SH SOLE 8700 0 4500
Yahoo Inc. COM 984332106 1226 9900 SH SOLE 6500 0 3400
Zoran Corp. COM 98975F101 1437 21800 SH SOLE 14400 0 7400
</TABLE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 227
Form 13F Information Table Value Total: $268720 (x1000)
List of Other Included Managers:
