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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 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 11/14/00
____________________ ___________________ _________
[Signature] [City, State] [Date]
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of
this reporting manager are reported in this report.)
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[ ] 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: 130
Form 13F Information Table Value Total: $876,407,653
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
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JLF Asset Management, LLC
FORM 13F
September 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>
Ace Ltd. Common G0070K103 $15,366,375 391,500 S Sole None Sole
Adolph Coors Co. Common 217016104 $6,223,969 98,500 S Sole None Sole
Affiliated Managers
Group Inc Common 008252108 $854,062 15,000 S Sole None Sole
Aflac Inc. Common 001055102 $12,812,500 200,000 S Sole None Sole
Allamerica Financial
Corp. Common 019754100 $8,343,844 130,000 S Sole None Sole
Alliance Capital
Management Common 01855A101 $2,005,000 40,000 S Sole None Sole
Ambac Financial Group
Inc Common 023139108 $32,977,150 450,200 S Sole None Sole
AmeriTrade Holding Corp. Common 03072H109 $426,000 24,000 S Sole None Sole
American Eagle Outfiters Common 02553E106 $343,350 10,900 S Sole None Sole
American General Corp. Common 026351106 $7,878,000 101,000 S Sole None Sole
American International
Group Inc. Common 026874107 $12,946,519 135,300 S Sole None Sole
Americredit Corp. Common 03060R101 $4,990,325 173,200 S Sole None Sole
Arthur J Gallagher and
Co Common 363576109 $17,974,000 304,000 S Sole None Sole
Associates First Capital
Corp. Common 046008108 $9,823,000 258,500 S Sole None Sole
Avon Products Inc. Common 054303102 $4,087,500 100,000 S Sole None Sole
BB & T Corp. Common 054937107 $1,265,250 42,000 S Sole None Sole
Bank One Corp. Common 06423A103 $42,062,625 1,089,000 S Sole None Sole
Bank of America Corp. Common 060505104 $1,571,250 30,000 S Sole None Sole
Bank of New York Common 064057102 $2,164,012 38,600 S Sole None Sole
Beazer Homes USA Inc. Common 07556Q105 $2,289,000 84,000 S Sole None Sole
Bed Bath & Beyond Inc. Common 075896100 $7,073,281 290,000 S Sole None Sole
Berkshire Hathaway Inc. Common 084670108 $24,085,600 374 S Sole None Sole
Boston Private Financial
Holdings Inc. Common 101119105 $1,339,800 81,200 S Sole None Sole
Brinker International
Inc. Common 109641100 $6,434,700 213,600 S Sole None Sole
CEC Entertainment Inc. Common 125137109 $640,000 20,000 S Sole None Sole
Chubb Corp. Common 171232101 $17,977,200 227,200 S Sole None Sole
Columbia Sportswear
Company Common 198516106 $3,009,400 65,600 S Sole None Sole
Commerce Bancorp Inc. NJ Common 200519106 $2,909,375 50,000 S Sole None Sole
Cone Mills Corp. Common 206814105 $382,500 85,000 S Sole None Sole
Connetics Corp. Common 208192104 $4,709,200 195,200 S Sole None Sole
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Costco Companies Inc Common 22160K105 $4,195,994 120,100 S Sole None Sole
CuraGen Corporation Common 23126R101 $905,781 17,000 S Sole None Sole
DR Horton Inc. Common 23331A109 $4,042,981 235,228 S Sole None Sole
Dime Bancorp Inc. Common 25429Q102 $16,568,625 768,400 S Sole None Sole
Downey Financial Corp. Common 261018105 $2,251,500 57,000 S Sole None Sole
Dynamic Digital Depth Common 26784W106 $280,612 93,800 S Sole None Sole
Everest Reinsurance
Holdings Common G3223R108 $25,066,800 506,400 S Sole None Sole
Federal National
Mortgage Assn. Common 313586109 $25,096,500 351,000 S Sole None Sole
Federated Investors
Inc Common 314211103 $1,732,500 70,000 S Sole None Sole
Fifth Third Bancorp Common 316773100 $3,728,743 69,211 S Sole None Sole
First American Financial
Corp. Common 318522307 $3,780,462 181,100 S Sole None Sole
FirstFed Financial Corp Common 337907109 $7,484,200 325,400 S Sole None Sole
Firstar Corp. Common 33763V109 $525,812 23,500 S Sole None Sole
Freddie Mac Common 313400301 $57,062,969 1,055,500 S Sole None Sole
Gemstar - TV Guide Intl.
Inc. Common 36866W106 $4,402,969 50,500 S Sole None Sole
Golden State Bancorp Common 381197102 $2,331,787 98,700 S Sole None Sole
Golden West Financial
Corp. Common 381317106 $18,532,800 345,600 S Sole None Sole
Goldman Sachs Group Inc. Common 38141G104 $626,656 5,500 S Sole None Sole
Guitar Center Inc. Common 402040109 $560,219 45,500 S Sole None Sole
HCC Insurance Holdings
Inc. Common 404132102 $507,812 25,000 S Sole None Sole
Hartford Financial
Services Group Common 416515104 $7,293,750 100,000 S Sole None Sole
Haven Bancorp Inc. Common 419352109 $425,937 14,500 S Sole None Sole
Heller Financial Inc. Common 423328103 $3,447,494 120,700 S Sole None Sole
Hillenbrand Industries Common 431573104 $1,118,750 25,000 S Sole None Sole
Humana Inc Common 444859102 $430,000 40,000 S Sole None Sole
IndyMac Bancorp Inc. Common 456607100 $3,187,187 155,000 S Sole None Sole
Interface Inc. Common 458665106 $5,629,922 706,500 S Sole None Sole
Intertan Inc. Common 461120107 $4,611,337 319,400 S Sole None Sole
Intimate Brands Inc. Common 461156101 $12,922,406 691,500 S Sole None Sole
J.Jill Group Inc. Common 466189107 $1,068,625 83,000 S Sole None Sole
JP Morgan and Co Inc. Common 616880100 $2,450,625 15,000 S Sole None Sole
John Hancock Financial
Services Common 41014S106 $8,223,750 306,000 S Sole None Sole
Jones Apparel Group Inc. Common 480074103 $19,719,975 744,150 S Sole None Sole
Kaufman and Broad Home
Corp Common 486168107 $6,486,550 240,800 S Sole None Sole
Krispy Kreme Doughnuts
Inc Common 501014104 $2,428,750 29,000 S Sole None Sole
LaBranche and Co Inc Common 505447102 $667,500 20,000 S Sole None Sole
Lehman Brothers Holdings Common 524908100 $2,216,250 15,000 S Sole None Sole
Limited Inc. Common 532716107 $8,858,094 401,500 S Sole None Sole
Linens and Things Inc. Common 535679104 $10,669,200 418,400 S Sole None Sole
Lockhead Martin Corp Common 539830109 $1,236,000 37,500 S Sole None Sole
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MBIA Inc. Common 55262C100 $8,570,562 120,500 S Sole None Sole
MDC Holdings Inc. Common 552676108 $2,841,800 109,300 S Sole None Sole
MGIC Investment Corp. Common 552848103 $9,865,575 161,400 S Sole None Sole
MGM Grand Inc. Common 552953101 $6,041,262 158,200 S Sole None Sole
MI Schottenstein Homes
Inc. Common 55305B101 $393,237 19,300 S Sole None Sole
Maximus Capital
Holdings, LTD Common 577991102 $2,000,250 133,350 S Sole None Sole
Maxwell Shoe Company
Inc. - Class A Common 577766108 $1,763,150 157,600 S Sole None Sole
Metlife Inc Common 59156R108 $7,568,187 289,000 S Sole None Sole
Movado Group Inc. Common 624580106 $2,345,625 135,000 S Sole None Sole
NVR Inc. Common 62944T105 $405,000 5,000 S Sole None Sole
National City Corp. Common 635405103 $663,750 30,000 S Sole None Sole
National Discount
Brokers Group Inc. Common 635646102 $1,856,250 60,000 S Sole None Sole
Nationwide Financial
Services Inc. Common 638612101 $10,427,625 279,000 S Sole None Sole
Nautica Enterprises Inc. Common 639089101 $3,758,344 290,500 S Sole None Sole
Old Republic Inter-
national Corp Common 680223104 $22,337,219 928,300 S Sole None Sole
PMI Group Inc. Common 69344M101 $3,590,750 53,000 S Sole None Sole
PNC Bank Corp. Common 693475105 $11,407,500 175,500 S Sole None Sole
Park Place Entertainment
Corp. Common 700690100 $2,344,375 155,000 S Sole None Sole
PartnerRe Ltd Common G685T105 $17,347,894 365,700 S Sole None Sole
Pepsico Inc Common 713448108 $6,729,800 146,300 S Sole None Sole
Philadephia Consolidated
Holding Co Common 717528103 $8,558,750 410,000 S Sole None Sole
Phillip Morris Companies
Inc. Common 718154107 $14,730,525 500,400 S Sole None Sole
Phillips Van Heusen
Corp. Common 718592108 $4,963,406 481,300 S Sole None Sole
Polo Ralph Lauren Common 731572103 $3,387,862 210,100 S Sole None Sole
Progressive Corp. Common 743315103 $3,856,312 47,100 S Sole None Sole
Providian Financial
Corp. Common 74406A102 $16,065,500 126,500 S Sole None Sole
Pulte Corp. Common 745867101 $3,135,000 95,000 S Sole None Sole
Quaker Oats Co. Common 747402105 $4,431,000 56,000 S Sole None Sole
Quiksilver Inc. Common 74838C106 $11,411,400 592,800 S Sole None Sole
Radian Group Inc. Common 750236101 $5,886,000 87,200 S Sole None Sole
Renaissance Re Holdings
Ltd Common G7496G103 $15,875,681 248,300 S Sole None Sole
Ryland Group Inc. Common 783764103 $4,749,200 153,200 S Sole None Sole
Safeco Inc Common 786429100 $1,553,250 57,000 S Sole None Sole
Sillicon Valley
Bancshares Common 827064106 $3,785,234 65,000 S Sole None Sole
Sirius Satellite Radio
Inc Common 82966U103 $2,775,937 52,500 S Sole None Sole
Sketchers USA Inc. Common 830566105 $1,058,750 70,000 S Sole None Sole
St. Paul Companies Inc. Common 792860108 $14,571,844 295,500 S Sole None Sole
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Stancorp Financial Group Common 852891100 $9,776,925 228,700 S Sole None Sole
Standard Pacific Corp. Common 85375C101 $5,347,800 297,100 S Sole None Sole
Stein Mart Inc. Common 858375108 $548,194 50,700 S Sole None Sole
Steven Madden LTD. Common 556269108 $1,505,925 174,600 S Sole None Sole
Stillwell Financial Inc. Common 860861106 $4,611,000 106,000 S Sole None Sole
T. Corp. Liberty Media None
Group Common 001957208 $4,455,000 247,500 S Sole None Sole
Talbots Inc. Common 874161102 $26,884,250 405,800 S Sole None Sole
The Pepsi Bottling Group Common 713409100 $2,528,256 84,100 S Sole None Sole
Thermo Electron Corp Common 883556102 $6,169,800 237,300 S Sole None Sole
Timberland Co. Common 887100105 $3,042,200 74,200 S Sole None Sole
Toll Brothers Inc. Common 889478103 $3,193,437 92,900 S Sole None Sole
Too Inc. Common 890333107 $4,377,125 184,300 S Sole None Sole
US Bancorp Common 902973106 $455,000 20,000 S Sole None Sole
Ultimate Electronics
Inc. Common 903849107 $4,482,625 109,000 S Sole None Sole
Ultratech Stepper Inc. Common 904034105 $1,962,837 122,200 S Sole None Sole
Vans Inc. Common 921930103 $5,358,187 348,500 S Sole None Sole
Vesta Insurance Group
Inc Common 925391104 $719,175 133,800 S Sole None Sole
WFS Financial Inc. Common 92923B106 $221,881 13,100 S Sole None Sole
WR Berkley Corp. Common 084670108 $2,039,187 59,000 S Sole None Sole
Waddell & Reed Financial
Inc. Common 930059100 $1,240,000 40,000 S Sole None Sole
Washington Mutual Inc. Common 939322103 $4,968,600 124,800 S Sole None Sole
West Marine Inc. Common 954235107 $297,000 36,000 S Sole None Sole
Zions Bancorporation Common 989701107 $1,426,823 27,900 S Sole None Sole
Total $876,856,003
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02717001.AA8
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