<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 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: JLF Asset Management, LLC
Address: 660 Madison Avenue - 18th Floor
New York, NY 10021
Form 13F File Number: 028-05321
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: Jeffrey Feinberg
Title: Managing Member
Phone: (212) 521-1306
Signature, Place, and Date of Signing:
/s/ Jeffrey Feinberg New York, New York 8/9/00
____________________ ___________________ _________
[Signature] [City, State] [Date]
Report Type (Check only one.):
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[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 manger(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).)
List of Other Managers Reporting for this Manager: NONE
2
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Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 125
Form 13F Information Table Value Total: $504,605,385
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file
number(s) of all institutional investment managers with respect
to which this report is filed, other than the manager filing this
report.
NONE
3
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<TABLE>
JLF Asset Management, LLC
FORM 13F
June 30, 2000
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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
----------------------- -------------- -------- -------- ----------------- -------- -------- ------------------------
OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE SH/P AMT S/P P/C INV DSC MANAGERS SOLE SHARED NONE
----------------------- -------------- --------- -------- -------- -------- -------- -------- ----- ------ -----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AG Edwards Inc. Common 281760108 3326700 85300 S Sole None Sole
AON Corp. Common 037389103 2540912 81800 S Sole None Sole
Abercrombie &
Fitch Co. Common 002896207 804375 66000 S Sole None Sole
Adolph Coors Co. Common 217016104 2305050 38100 S Sole None Sole
Affiliated Managers
Group Inc Common 008252108 455000 10000 S Sole None Sole
Aflac Inc. Common 001055102 4823437 105000 S Sole None Sole
Alliance Capital
Management Common 01855A101 474375 10000 S Sole None Sole
Allstate Corp. Common 020002101 222500 10000 S Sole None Sole
Ambac Financial
Group Inc Common 023139108 2954394 53900 S Sole None Sole
American Eagle
Outfiters Common 02553E106 805000 57500 S Sole None Sole
American Express
Corp. Common 025816109 8673600 166400 S Sole None Sole
American International
Group Inc. Common 026874107 2138500 18200 S Sole None Sole
Anheuser Busch
Companies Inc. Common 035229103 3858804 51666 S Sole None Sole
Ann Taylor Stores
Corp. Common 036115103 9927562 299700 S Sole None Sole
Arthur J Gallagher
and Co Common 363576109 924000 22000 S Sole None Sole
Associates First
Capital Corp. Common 046008108 7688887 344600 S Sole None Sole
Bank of New York Common 064057102 697500 15000 S Sole None Sole
Baxter International
Inc. Common 071813109 2671875 38000 S Sole None Sole
Bestfoods Common 08658U101 2216000 32000 S Sole None Sole
Black & Decker Corp. Common 091797100 1682575 42800 S Sole None Sole
Blackrock Inc. Common 09247X101 797500 27500 S Sole None Sole
Boston Private
Financial
Holdings Inc. Common 101119105 424637 42200 S Sole None Sole
Brown Shoe Company Inc. Common 115736100 1300000 100000 S Sole None Sole
Buffets Inc. Common 119882108 5695419 448900 S Sole None Sole
CBRL Group Inc. Common 12489V106 4419469 300900 S Sole None Sole
4
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Caseys General
Stores Inc Common 147528103 894325 86200 S Sole None Sole
Cendant Corp. Common 151313103 2646000 189000 S Sole None Sole
Charter One
Financial Inc Common 160903100 2695600 117200 S Sole None Sole
Chase Manhattan Corp. Common 16161A108 4790500 104000 S Sole None Sole
Chicos Fas Inc. Common 168615102 7126000 356300 S Sole None Sole
China Unicom Ltd. ADR's Common 16945R104 6120000 288000 S Sole None Sole
Chubb Corp. Common 171232101 3259500 53000 S Sole None Sole
Citigroup Inc. Common 172967101 4928450 81800 S Sole None Sole
City National Corp. Common 178566105 695000 20000 S Sole None Sole
Coldwater Creek Inc Common 193068103 13577337 450700 S Sole None Sole
Columbia Sportswear
Company Common 198516106 8522062 317100 S Sole None Sole
Comerica Inc. Common 200340107 897500 20000 S Sole None Sole
Consolidated
Stores Corp. Common 210149100 859200 71600 S Sole None Sole
Dallas Semiconductor
Corp Common 235204104 9869650 242200 S Sole None Sole
Donaldson Lufkin &
Jenrette Common 257661108 3076719 72500 S Sole None Sole
Dynamic Digital Depth Common 26784W106 741732 151500 S Sole None Sole
Everest Reinsurance
Holdings Common G3223R108 555587 16900 S Sole None Sole
Fila Holdings SPA Common 316850106 2012156 190500 S Sole None Sole
FirstFed Financial Corp Common 337907109 3798212 268900 S Sole None Sole
Footstar Inc. Common 344912100 6443850 193800 S Sole None Sole
Gabelli Asset
Management Inc Common 36239Y102 317500 12700 S Sole None Sole
Gadzooks Inc. Common 362553109 1532437 132000 S Sole None Sole
Genesco Inc Common 371532102 7054650 439200 S Sole None Sole
Gildan Activewear Inc. Common 375916103 6273225 170700 S Sole None Sole
HCA - The Healthcare
Company Common 404119109 2065500 68000 S Sole None Sole
HCC Insurance
Holdings Inc. Common 404132102 5766312 305500 S Sole None Sole
Hartford Financial
Services Group Common 416515104 11573469 206900 S Sole None Sole
Haven Bancorp Inc. Common 419352109 3627112 195400 S Sole None Sole
Hibbett Sporting
Goods Inc. Common 428565105 4862150 206900 S Sole None Sole
Horace Mann
Educators Corp. Common 440327104 1125000 75000 S Sole None Sole
Hot Topic Inc. Common 441339108 1863200 58225 S Sole None Sole
Household International Common 441815107 12057281 290100 S Sole None Sole
Illuminet Holdings Common 452334105 254375 5000 S Sole None Sole
Isle of Capris
Casinos Inc. Common 464592104 2346312 173000 S Sole None Sole
J.Jill Group Inc. Common 466189107 715000 110000 S Sole None Sole
5
<PAGE>
John Hancock Financial
Services Common 41014S106 5128344 216500 S Sole None Sole
Kansas City
Southern Corp. Common 485170104 23058750 260000 S Sole None Sole
Krispy Kreme
Doughnuts Inc Common 501014104 4263000 58000 S Sole None Sole
Legg Mason Inc. Common 524901105 895000 17900 S Sole None Sole
Lehman Brothers
Holdings Common 524908100 24236369 256300 S Sole None Sole
Lincoln National Corp. Common 534187109 4880487 135100 S Sole None Sole
Linens and Things Inc. Common 535679104 3773087 139100 S Sole None Sole
MGIC Investment Corp. Common 552848103 2083900 45800 S Sole None Sole
Mattel Inc. Common 577081102 11037937 837000 S Sole None Sole
Maximus Capital
Holdings, LTD Common 577991102 2000250 133350 S Sole None Sole
Maxwell Shoe Company
Inc. - Class A Common 577766108 715937 72500 S Sole None Sole
Maytag Corp. Common 578592107 390875 10600 S Sole None Sole
Merrill Lynch &
Co. Inc. Common 590188108 9545000 83000 S Sole None Sole
Metlife Inc Common 59156R108 9433894 447900 S Sole None Sole
Metris Companies Inc. Common 591598107 2143162 85300 S Sole None Sole
Michael's Stores Inc. Common 594087108 343594 7500 S Sole None Sole
Microcell
Telecommunications
Cl B Common 59501T304 2796075 77400 S Sole None Sole
Morgan Stanley Dean
Witter and Co. Common 617446448 9149175 109900 S Sole None Sole
Mutual Risk
Management Ltd. Common 628351108 2608994 150700 S Sole None Sole
Nationwide Financial
Services Inc. Common 638612101 5398075 164200 S Sole None Sole
Neuberger Berman Common 641234109 232500 5000 S Sole None Sole
Newell Rubbermaid Inc. Common 651229106 2678000 104000 S Sole None Sole
Nokia Corporation Common 654902204 2811481 56300 S Sole None Sole
Northern Trust Corp. Common 665859104 1437881 22100 S Sole None Sole
O Charleys Inc. Common 670823103 1425175 104600 S Sole None Sole
Old Republic
International Corp Common 680223104 10989000 666000 S Sole None Sole
Pacific Sunwear
of California Common 694873100 3843750 205000 S Sole None Sole
Parkervision Inc. Common 701354102 302625 6000 S Sole None Sole
Penn America Group Inc. Common 707247102 393750 50000 S Sole None Sole
Pepsico Inc Common 713448108 5590237 125800 S Sole None Sole
Philadephia Consolidated
Holding Co Common 717528103 2558862 152200 S Sole None Sole
Phillip Morris
Companies Inc. Common 718154107 3078594 115900 S Sole None Sole
Pier 1 Imports Inc. Common 720279108 8448375 866500 S Sole None Sole
RadioShack Corp. Common 750438103 2368750 50000 S Sole None Sole
6
<PAGE>
Reebok International
Ltd. Common 758110100 2231250 140000 S Sole None Sole
Ross Stores Inc. Common 778296103 793406 46500 S Sole None Sole
Russell Corp. Common 782352108 900000 45000 S Sole None Sole
Sears Roebuck and Co. Common 812387108 2740500 84000 S Sole None Sole
Sharper Image Corp Common 820013100 2923750 233900 S Sole None Sole
Sillicon Valley
Bancshares Common 827064106 2557500 60000 S Sole None Sole
Sirius Satellite
Radio Inc Common 82966U103 3013250 68000 S Sole None Sole
Sketchers USA Inc. Common 830566105 3796581 240100 S Sole None Sole
Sprint Corp PCS Group Common 852061506 15267700 256600 S Sole None Sole
St. Paul Companies Inc. Common 792860108 10128300 296800 S Sole None Sole
Stancorp Financial
Group. Common 852891100 9027125 281000 S Sole None Sole
Starwood Hotels
and Resorts Common 85590A203 3581875 110000 S Sole None Sole
Station Casinos Inc. Common 857689103 500000 20000 S Sole None Sole
Stein Mart Inc. Common 858375108 9842050 960200 S Sole None Sole
Sun Life Financial Common 866796105 12840187 760900 S Sole None Sole
Tefron Ltd. Common M87482101 4836100 282400 S Sole None Sole
The Pepsi
Bottling Group Common 713409100 1012806 34700 S Sole None Sole
Thermo Electron Corp Common 883556102 5581562 265000 S Sole None Sole
Torchmark Corp. Common 891027104 4327719 175300 S Sole None Sole
Tropical Sportswear
International Common 89708P102 2096500 119800 S Sole None Sole
True North
Communications Inc Common 897844106 3348400 76100 S Sole None Sole
Tuesday Morning Corp Common 899035505 892500 85000 S Sole None Sole
UCBH Holdings Corp. Common 90262T308 2351169 88100 S Sole None Sole
Ultimate
Electronics Inc. Common 903849107 2384922 89000 S Sole None Sole
United Stationers Inc. Common 913004107 712250 22000 S Sole None Sole
Vans Inc. Common 921930103 1462500 100000 S Sole None Sole
Vesta Insurance
Group Inc Common 925391104 3055387 493800 S Sole None Sole
Wells Fargo & Co. Common 949746101 387500 10000 S Sole None Sole
XM Satellite Radio
Holdings Inc Common 983759101 1662225 44400 S Sole None Sole
Zale Corp. Common 988858106 2620700 71800 S Sole None Sole
Zions Bancorporation Common 989701107 917812 20000 S Sole None Sole
Total:504,605,385
7
02717001.AA7
</TABLE>
