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 September 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 19 October 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 909 47400 SH SOLE 30500 0 16900
AT&T Corp. COM 001957109 3149 107200 SH SOLE 69000 0 38200
America Online Inc. COM 02364J104 2091 38900 SH SOLE 25000 0 13900
American Express Com COM 025816109 875 14400 SH SOLE 9200 0 5200
American Tower Corp. COM 029912201 2404 63800 SH SOLE 41000 0 22800
Ameritrade Holding C COM 03072H109 669 37700 SH SOLE 23800 0 13900
Amphenol Corp. COM 032095101 1133 19900 SH SOLE 12800 0 7100
Ariba Inc. COM 04033V104 1003 7000 SH SOLE 4500 0 2500
Art Technology Group COM 04289L107 550 5800 SH SOLE 3600 0 2200
Aspect Telecommunica COM 045237104 532 25800 SH SOLE 16500 0 9300
BROADWING INC COM 111620100 3418 133700 SH SOLE 86000 0 47700
Bank One Corp. COM 06423A103 1700 44000 SH SOLE 28300 0 15700
Barrick Gold Corp. COM 067901108 1322 86700 SH SOLE 55700 0 31000
Bear Stearns Compani COM 073902108 1670 26500 SH SOLE 17100 0 9400
Bellsouth Corporatio COM 079860102 954 23700 SH SOLE 15200 0 8500
Biovail Corporation COM 09067K106 2850 35000 SH SOLE 21400 0 13600
Broadcom Corp. COM 111320107 561 2300 SH SOLE 1500 0 800
Brocade Communicatio COM 111621108 1416 6000 SH SOLE 3800 0 2200
Burlington Northern COM 12189T104 962 44600 SH SOLE 28700 0 15900
C P & L ENERGY INC COM 12614C106 1334 32000 SH SOLE 20600 0 11400
C-Cube Microsystems COM 12501N108 896 43700 SH SOLE 28100 0 15600
COX Communications I COM 224044107 1740 45500 SH SOLE 29300 0 16200
CSX Corp. COM 126408103 1632 74800 SH SOLE 48200 0 26600
CVS Corp. COM 126650100 1491 32200 SH SOLE 20600 0 11600
Cabletron Systems COM 126920107 1754 59700 SH SOLE 38500 0 21200
Cablevision Systems COM 12686C109 2639 39800 SH SOLE 25600 0 14200
Calpine Corp. COM 131347106 1587 15200 SH SOLE 9800 0 5400
Carnival Corp. COM 143658102 887 36000 SH SOLE 17400 0 18600
Celestica COM 15101Q108 1614 23300 SH SOLE 14900 0 8400
CenturyTel Inc. COM 156700106 1382 50700 SH SOLE 32700 0 18000
Checkfree Holdings C COM 162816102 637 15200 SH SOLE 8600 0 6600
Chevron Corporation COM 166751107 1228 14400 SH SOLE 9200 0 5200
Ciena Corp. COM 171779101 1400 11400 SH SOLE 7200 0 4200
Cigna Corp. COM 125509109 1608 15400 SH SOLE 9900 0 5500
Clear Channel Commun COM 184502102 1712 30308 SH SOLE 19408 0 10900
Coherent Inc. COM 192479103 952 14000 SH SOLE 9100 0 4900
Colgate-Palmolive Co COM 194162103 3210 68000 SH SOLE 44900 0 23100
Columbia Energy Grou COM 197648108 4993 70300 SH SOLE 45300 0 25000
Commscope Inc. COM 203372107 529 21600 SH SOLE 13800 0 7800
Compaq Computer Corp COM 204493100 1638 59400 SH SOLE 38800 0 20600
Computer Associates COM 204912109 1438 57100 SH SOLE 37500 0 19600
Comverse Technology COM 205862402 1361 12600 SH SOLE 8100 0 4500
Conexant Systems Inc COM 207142100 590 14100 SH SOLE 9000 0 5100
Continental Airlines COM 210795308 1536 33800 SH SOLE 21800 0 12000
Corning Inc. COM 219350105 3119 10500 SH SOLE 6700 0 3800
Countrywide Credit I COM 222372104 1049 27800 SH SOLE 17900 0 9900
Critical Path Inc COM 22674V100 741 12200 SH SOLE 8000 0 4200
Crown Castle Interna COM 228227104 1072 34500 SH SOLE 22100 0 12400
Cypress Semiconducto COM 232806109 1164 28000 SH SOLE 17900 0 10100
Danaher Corp. COM 235851102 637 12800 SH SOLE 8200 0 4600
Delta Air Lines Inc. COM 247361108 1096 24700 SH SOLE 15900 0 8800
Deutsche Telekom COM 251566105 798 23300 SH SOLE 14900 0 8400
Diamond Technology P COM 252762109 950 12800 SH SOLE 8200 0 4600
Disney (Walt) COM 254687106 2031 53100 SH SOLE 34200 0 18900
Dollar General COM 256669102 1464 87400 SH SOLE 56300 0 31100
Dollar Tree Stores I COM 256747106 1051 25900 SH SOLE 16600 0 9300
Dow Jones & Co. Inc. COM 260561105 1755 29000 SH SOLE 18700 0 10300
Dycom Industries Inc COM 267475101 862 20700 SH SOLE 13400 0 7300
E*trade Group Inc. COM 269246104 1969 119765 SH SOLE 76465 0 43300
EMC Corp-Mass COM 268648102 2072 20900 SH SOLE 13400 0 7500
Eastman Kodak Co. COM 277461109 1243 30400 SH SOLE 19500 0 10900
Eaton Corp. COM 278058102 1534 24900 SH SOLE 16100 0 8800
Edison International COM 281020107 1190 61600 SH SOLE 39600 0 22000
Elantec Semiconducto COM 284155108 787 7900 SH SOLE 5100 0 2800
Electronics FOR Imag COM 286082102 1702 67400 SH SOLE 43400 0 24000
Eli Lilly & Co. COM 532457108 2491 30700 SH SOLE 19800 0 10900
Emmis Communications COM 291525103 817 33000 SH SOLE 21200 0 11800
Emulex Corp. COM 292475209 613 5000 SH SOLE 3200 0 1800
Enron Corp. COM 293561106 1314 15000 SH SOLE 9700 0 5300
Entrust Technologies COM 293848107 1663 60200 SH SOLE 39000 0 21200
Epiphany Inc. COM 26881V100 1295 16800 SH SOLE 10700 0 6100
Equity Residential P COM 29476L107 2568 53500 SH SOLE 34500 0 19000
Exodus Communication COM 302088109 1570 31800 SH SOLE 20100 0 11700
Extreme Networks COM 30226D106 824 7200 SH SOLE 4700 0 2500
FDX Corporation COM 31304N107 2124 47900 SH SOLE 30800 0 17100
FINISAR CORPORATION COM 31787A101 943 19500 SH SOLE 12500 0 7000
FPL Group Inc. COM 302571104 1322 20100 SH SOLE 13000 0 7100
FREEMARKETS INC COM 356602102 897 15700 SH SOLE 9900 0 5800
Fairchild Semiconduc COM 303726103 1029 36600 SH SOLE 23500 0 13100
Federated Department COM 31410H101 1330 50900 SH SOLE 32500 0 18400
Fifth Third Bancorp COM 316773100 1137 21100 SH SOLE 13500 0 7600
Foundry Networks Inc COM 35063R100 2283 34100 SH SOLE 22000 0 12100
GEMSTAR-TV GUIDE INT COM 36866W106 977 11200 SH SOLE 7200 0 4000
Gannett Co. Inc. COM 364730101 843 15900 SH SOLE 10300 0 5600
Genentech Inc COM 368710406 1467 7900 SH SOLE 5100 0 2800
General Electric Com COM 369604103 2481 43000 SH SOLE 27600 0 15400
General Motors Corp. COM 370442105 1235 19000 SH SOLE 11900 0 7100
Gillette Company COM 375766102 1359 44000 SH SOLE 28300 0 15700
Global Crossing Ltd. COM 586 18900 SH SOLE 12100 0 6800
Go2net Inc. COM 383486107 760 14000 SH SOLE 7700 0 6300
Grainger (W.W.) Inc. COM 384802104 1187 45100 SH SOLE 29000 0 16100
HCA-THE HEALTHCARE C COM 404119109 1771 47700 SH SOLE 30400 0 17300
Harley-Davidson Inc. COM 412822108 1202 25100 SH SOLE 16200 0 8900
Healtheon Corp. COM 422209106 3186 208900 SH SOLE 134100 0 74800
Heinz (H.J.) Co. COM 423074103 938 25300 SH SOLE 16200 0 9100
Home Depot Inc. COM 437076102 3237 61000 SH SOLE 39100 0 21900
Household Internatio COM 441815107 1206 21300 SH SOLE 13700 0 7600
Hughes Electronics C COM 370442832 788 21200 SH SOLE 13600 0 7600
IDT Corp. COM 448947101 890 22900 SH SOLE 14800 0 8100
IMS Health Inc. COM 449934108 824 39700 SH SOLE 25200 0 14500
INTERSIL HOLDING COR COM 46069S109 903 18100 SH SOLE 11800 0 6300
Icos Corporation COM 449295104 725 13400 SH SOLE 8600 0 4800
Infinity Broadcastin COM 45662S102 1426 43200 SH SOLE 27800 0 15400
Informatica Corp. COM 45666Q102 1473 15800 SH SOLE 10200 0 5600
Infospace.com Inc. COM 45678T102 641 21200 SH SOLE 13600 0 7600
Infosys Technologies COM 456788108 977 7400 SH SOLE 4800 0 2600
Internap Network Ser COM 45885A102 1709 52900 SH SOLE 33900 0 19000
International Fiberc COM 45950T101 980 67000 SH SOLE 40700 0 26300
International Paper COM 460146103 1001 34900 SH SOLE 22500 0 12400
Interwoven Inc. COM 46114T102 1221 10800 SH SOLE 7000 0 3800
Intuit Inc. COM 461202103 752 13200 SH SOLE 8400 0 4800
Invitrogen Corp. COM 46185R100 1657 23300 SH SOLE 14900 0 8400
Johnson & Johnson COM 478160104 1334 14200 SH SOLE 9200 0 5000
Juniper Networks COM 48203R104 1511 6900 SH SOLE 4500 0 2400
Keynote Systems Inc. COM 493308100 131 4900 SH SOLE 4900 0 0
Knight Ridder Inc. COM 499040103 1916 37700 SH SOLE 24300 0 13400
Koninklijke Philips COM 500472303 347 8161 SH SOLE 3061 0 5100
Lehman Brothers Hold COM 524908100 2231 15100 SH SOLE 9700 0 5400
Lexmark Internationa COM 529771107 694 18500 SH SOLE 12000 0 6500
Limited Inc. COM 532716107 1169 53000 SH SOLE 38700 0 14300
Lowe's Companies COM 548661107 2378 53000 SH SOLE 33800 0 19200
MGIC Investment Corp COM 552848103 1968 32200 SH SOLE 20600 0 11600
MRV Communications I COM 553477100 639 14100 SH SOLE 9000 0 5100
Macromedia Inc. COM 556100105 1948 24100 SH SOLE 15400 0 8700
Marsh & McLennan Cos COM 571748102 2482 18700 SH SOLE 11900 0 6800
Masco Corp. COM 574599106 1004 53900 SH SOLE 34600 0 19300
McGraw-Hill Companie COM 580645109 1030 16200 SH SOLE 10600 0 5600
Mckesson HBOC Inc. COM 58155Q103 1864 61000 SH SOLE 39200 0 21800
Mercury Interactive COM 589405109 1003 6400 SH SOLE 4100 0 2300
Merrill Lynch & Co. COM 590188108 2152 32600 SH SOLE 20900 0 11700
Micromuse Inc. COM 595094103 1266 6300 SH SOLE 4000 0 2300
Millennium Pharmaceu COM 599902103 979 6700 SH SOLE 4700 0 2000
Millipore Corp. COM 601073109 1332 27500 SH SOLE 17600 0 9900
Minimed Inc. COM 60365K108 1180 13200 SH SOLE 8500 0 4700
Morgan Stanley Dean COM 617446448 1216 13300 SH SOLE 8500 0 4800
Mylan Laboratories COM 628530107 1131 42000 SH SOLE 27100 0 14900
National City Corp. COM 635405103 2058 93000 SH SOLE 59700 0 33300
National Semiconduct COM 637640103 881 21900 SH SOLE 13800 0 8100
Natural Microsystems COM 638882100 603 11200 SH SOLE 7300 0 3900
Netopia Inc. COM 64114K104 2 200 SH SOLE 200 0 0
Netro Corp. COM 64114R109 901 15200 SH SOLE 9900 0 5300
Network Appliance In COM 64120L104 879 6900 SH SOLE 4400 0 2500
New York Times Co. COM 650111107 1195 30400 SH SOLE 19500 0 10900
Newell Rubbermaid In COM 651229106 1485 65100 SH SOLE 44700 0 20400
News Corporation Lim COM 652487703 2259 40300 SH SOLE 25900 0 14400
Nextel Communication COM 65332V103 1627 34800 SH SOLE 22400 0 12400
Nokia OYJ COM 654902204 820 20600 SH SOLE 13300 0 7300
Nucor Corp. COM 670346105 981 32300 SH SOLE 20700 0 11600
ORBOTECH LTD COM M75253100 1698 31050 SH SOLE 20100 0 10950
Omnicom Group COM 681919106 1546 21200 SH SOLE 13600 0 7600
PALM INC COM 696642107 1053 19900 SH SOLE 11400 0 8500
Parametric Technolog COM 699173100 726 66400 SH SOLE 42700 0 23700
Pepsico Inc. COM 713448108 1504 32700 SH SOLE 21000 0 11700
Pfizer Inc. COM 717081103 1337 29750 SH SOLE 17950 0 11800
Philip Morris Compan COM 718154107 1072 36400 SH SOLE 23300 0 13100
Portal Software COM 736126103 780 19500 SH SOLE 10900 0 8600
Priceline.com Inc. COM 741503106 571 48100 SH SOLE 30900 0 17200
Puma Technology Inc. COM 745887109 656 32300 SH SOLE 20700 0 11600
Qwest Communications COM 749121109 1429 29726 SH SOLE 19126 0 10600
Rational Software Co COM 75409P202 1464 21100 SH SOLE 13500 0 7600
SIRIUS SATELLITE RAD COM 82966U103 1919 36300 SH SOLE 23300 0 13000
SPX Corp. COM 784635104 1206 8500 SH SOLE 5500 0 3000
ST Jude Medical Inc. COM 790849103 2621 51400 SH SOLE 33000 0 18400
Sabre Holdings Corp. COM 785905100 1004 34700 SH SOLE 22300 0 12400
Schlumberger Ltd. COM 806857108 1794 21800 SH SOLE 14000 0 7800
Schwab (Charles) Cor COM 808513105 2499 70400 SH SOLE 45400 0 25000
Seagram Co. Ltd. COM 811850106 1022 17800 SH SOLE 11500 0 6300
Sears, Roebuck And C COM 812387108 1861 57400 SH SOLE 36900 0 20500
Sepracor Inc. COM 817315104 994 8100 SH SOLE 5100 0 3000
Silicon Valley Bancs COM 827064106 839 14400 SH SOLE 9200 0 5200
Solectron Corp. COM 834182107 2486 53900 SH SOLE 34700 0 19200
Southwest Airlines COM 844741108 2301 94900 SH SOLE 61100 0 33800
Sprint Corp. (FON Gr COM 852061100 1225 41800 SH SOLE 28800 0 13000
Sprint Corp. (PCS Gr COM 852061506 992 28300 SH SOLE 18200 0 10100
Staples Inc. COM 855030102 1257 88600 SH SOLE 56300 0 32300
Starwood Hotels & Re COM 85590A203 1216 38900 SH SOLE 25000 0 13900
Stryker Corp. COM 863667101 820 19100 SH SOLE 11000 0 8100
Sungard Data Systems COM 867363103 848 19800 SH SOLE 12700 0 7100
Symbol Technologies COM 871508107 949 26400 SH SOLE 17000 0 9400
TARGET CORPORATION COM 87612E106 940 36700 SH SOLE 22700 0 14000
TJX Companies Inc. COM 872540109 1253 55700 SH SOLE 35900 0 19800
Tekelec COM 879101103 976 29700 SH SOLE 19100 0 10600
Telefonica SA COM 879382208 2251 37878 SH SOLE 24478 0 13400
Telefonos de Mexico COM 879403780 1165 21900 SH SOLE 14100 0 7800
Telephone & Data Sys COM 879433100 1915 17300 SH SOLE 11200 0 6100
Temple-Inland Inc. COM 879868107 1132 29900 SH SOLE 19200 0 10700
Teradyne Inc. COM 880770102 606 17300 SH SOLE 11100 0 6200
Three-Five Systems I COM 88554L108 667 22800 SH SOLE 14700 0 8100
Tibco Software Inc COM 88632Q103 1224 14500 SH SOLE 9300 0 5200
Tiffany & Co. COM 886547108 1219 31600 SH SOLE 20000 0 11600
Time Warner Inc. COM 887315109 3075 39300 SH SOLE 25300 0 14000
Time Warner Telecom COM 887319101 1193 24700 SH SOLE 15900 0 8800
Titan Corp. COM 888266103 724 43900 SH SOLE 28800 0 15100
Tosco Corp. COM 891490302 1170 37500 SH SOLE 24100 0 13400
Toys R US Inc. COM 892335100 1729 106400 SH SOLE 68400 0 38000
Tricon Global Restau COM 895953107 1645 53700 SH SOLE 34500 0 19200
Tyco International L COM 902124106 1032 19900 SH SOLE 12800 0 7100
UAL Corp. COM 902549500 899 21400 SH SOLE 13800 0 7600
UNITED PARCEL SERVIC COM 911312106 2644 46900 SH SOLE 30200 0 16700
Union Pacific Corp. COM 907818108 1458 37500 SH SOLE 24100 0 13400
United Technologies COM 913017109 1842 26600 SH SOLE 17200 0 9400
Univision Communicat COM 914906102 766 20500 SH SOLE 13200 0 7300
Veeco Instruments In COM 922417100 850 8000 SH SOLE 5000 0 3000
Vertex Pharmaceutica COM 92532F100 668 7900 SH SOLE 5000 0 2900
Vignette Corp. COM 926734104 1165 39000 SH SOLE 25400 0 13600
WEBMETHODS INC COM 94768C108 2003 17400 SH SOLE 11200 0 6200
WORLDCOM INC COM 98157D106 1288 42400 SH SOLE 27300 0 15100
Wal-Mart Stores Inc. COM 931142103 1939 40300 SH SOLE 25900 0 14400
Walgreen Co. COM 931422109 2022 53300 SH SOLE 34300 0 19000
Washington Mutual In COM 939322103 3296 82800 SH SOLE 53200 0 29600
WatchGuard Technolog COM 941105108 1038 17300 SH SOLE 11100 0 6200
Waters Corp. COM 941848103 1113 12500 SH SOLE 8000 0 4500
Watson Pharmaceutica COM 942683103 1563 24100 SH SOLE 15500 0 8600
Wells Fargo Company COM 949746101 2632 57300 SH SOLE 36900 0 20400
Xerox Corp. COM 984121103 1089 72300 SH SOLE 46500 0 25800
Young & Rubicam Inc. COM 987425105 1203 24300 SH SOLE 15700 0 8600
eBay Inc. COM 278642103 831 12100 SH SOLE 7900 0 4200
</TABLE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 217
Form 13F Information Table Value Total: $301374 (x1000)
List of Other Included Managers:
