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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: December 31, 1999
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:
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 2/11/00
____________________ ___________________ _________
[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: 134
Form 13F Information Table Value Total: $676,117,642
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
December 31, 1999
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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(K) SH/P AMT S/P P/C INV DSC MANAGERS SOLE SHARED NONE
- ----------------------- -------------- --------- -------- -------- -------- -------- -------- ----- ------ -----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
A.C. Moore Arts and
Crafts Inc. Common 00886T103 573235 98621 sole None Sole
Abercrombie & Fitch Co. Common 2896207 1484039 55608 sole None Sole
Affiliated Managers
Group Inc. Common 8252108 2773608 68590 sole None Sole
Alliance Capital
Management Common 01855A101 332965 11122 sole None Sole
America OnLine Inc. Common 02364J104 2598876 36888 sole None Sole
American Eagle
Outfitters Common 2.55E+109 4131045 91801 sole None Sole
American International
Group Inc. Common 26874107 3066640 28362 sole None Sole
American Tower Corp. Common 29912201 3400933 111278 sole None Sole
AON Corp. Common 37389103 8528960 213224 sole None Sole
AremisSoft Corp. Common 40026106 2228980 68584 sole None Sole
Arthur J. Gallagher
and Co. Common 363576109 4200980 64880 sole None Sole
At Home Corp. Common 45919107 1145019 26706 sole None Sole
Bank of New York Common 64057102 148320 3708 sole None Sole
Baycorp Holdings Common 72728108 917620 94722 sole None Sole
Berkshire Hathaway Inc. Common 84670108 6227100 111 sole None Sole
Biosource International Common 09066H104 73604 9273 sole None Sole
BJ's Wholesale Club Common 05548J106 11935536 327001 sole None Sole
Bowne and Company Inc. Common 103043105 2140465 158553 sole None Sole
Brauns Fashions Corp. Common 105658108 11909898 567238 sole None Sole
Brookstone Inc. Common 114537103 3582978 204013 sole None Sole
Cash America Common 14754D100 902479 92562 sole None Sole
Cato Corp. Common 149205106 8757848 693691 sole None Sole
CBS Corp. Common 12490K107 11237144 175752 sole None Sole
CDW Computer Centers Common 125129106 116601 1483 sole None Sole
CEC Entertainment Inc. Common 125137109 11214685 396980 sole None Sole
Cendant Corp. Common 151313103 9015179 340395 sole None Sole
Chicos Fas Inc. Common 168615102 3319954 88238 sole None Sole
Citigroup Inc. Common 172967101 16979063 298199 sole None Sole
Columbia Sportswear Common 198516106 5579787 259525 sole None Sole
Commscope Inc. Common 203372107 12254194 303980 sole None Sole
Compaq Computer Corp. Common 204493100 2007523 74181 sole None Sole
Crown Castle Common 228227104 6699539 208546 sole None Sole
Cumulus Media Inc. Common 231082108 2577947 50797 sole None Sole
Cyrk Inc. Common 232817106 4479606 377230 sole None Sole
4
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Dell Computer Corp. Common 247025109 9028836 177036 sole None Sole
Department 56 Inc. Common 249509100 4319972 190936 sole None Sole
Dollar Tree Stores Common 256747106 2038249 42080 sole None Sole
Dynamic Digital Depth Common 26784W106 433309 75077 sole None Sole
Ellett Brothers Inc. Common 288398100 777266 113057 sole None Sole
Emmis Communications Common 291525103 8816704 70737 sole None Sole
Federated Investors Common 31410H101 1023208 51001 sole None Sole
Fila Holdings SPA Common 316850106 3492995 317545 sole None Sole
First Data Corp. Common 319963104 2926549 59347 sole None Sole
Firstar Corp. Common 33763V109 4542868 215047 sole None Sole
Freddie Mac Common 313400301 87253 1794 sole None Sole
Gemstar International Common G3788V106 12046522 169074 sole None Sole
General Instrument Common 370120107 13793630 162278 sole None Sole
General Motors Class H Common 370442832 7936992 82677 sole None Sole
Genesco Inc. Common 371532102 14246375 1095875 sole None Sole
Golden West Financial Common 381317106 186126 5556 sole None Sole
Goldman Sachs Group Common 38141G104 3580915 38019 sole None Sole
Good Guys Inc. Common 382091106 103621 11127 sole None Sole
Guess Inc. Common 401617105 1983686 91204 sole None Sole
HCC Insurance Common 404132102 4546562 344763 sole None Sole
Hibbett Sporting Common 428565105 1374280 80840 sole None Sole
Hot Topic Inc. Common 441339108 11236981 483311 sole None Sole
IDM Environmental Common 449391309 833993 50165 sole None Sole
Infinity Broad- Common 45662S102 6806072 188078 sole None Sole
Insight Enterprises Common 45765U103 5643218 138910 sole None Sole
Intertan Inc. Common 461120107 5465194 209194 sole None Sole
Intervoice-Brite Inc. Common 461142101 2694884 115909 sole None Sole
JC Penny Co. Common 708160106 36984 1855 sole None Sole
K Swiss Inc. Common 482686102 1894968 102000 sole None Sole
Kansas City Southern Common 485170104 19263623 258139 sole None Sole
Kemet Corp. Common 488360108 7435087 165195 sole None Sole
Knight Tramark Group Common 499067106 187588 4078 sole None Sole
Kommaklyke Philips Common 500472204 6134130 45438 sole None Sole
Lehman Brothers Common 524908100 1256255 14474 sole None Sole
Linens and Things Common 535679104 3571116 120544 sole None Sole
Marsh and McLennan Common 571748102 5551502 58017 sole None Sole
Mattel Inc. Common 577081102 2434150 185459 sole None Sole
Meade Instruments Common 583062104 2086912 73225 sole None Sole
MGIC Investment Common 552848103 111587 1854 sole None Sole
Micro Warehouse Inc. Common 59501B105 3470525 187596 sole None Sole
Microsoft Corp. Common 594918104 3939028 33739 sole None Sole
MIH Limited Common G6116R101 2209314 37446 sole None Sole
Morgan Stanley Dean Common 617446448 17529579 122589 sole None Sole
Motorola Inc. Common 620076109 9535727 64881 sole None Sole
National Semi- Common 637640103 1588001 37092 sole None Sole
Neiman Marcus Common 640204202 5283037 189102 sole None Sole
Neiman Marcus Common 640204301 6969000 258710 sole None Sole
Newell Rubber- Common 651229106 4141374 142806 sole None Sole
Next Level Common 65333U104 3053028 40775 sole None Sole
Nextel Communi- Common 65332V103 5928657 57490 sole None Sole
Nike Inc. Common 654106103 7362708 148554 sole None Sole
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Nokia Corporation Common 654902204 22855278 119622 sole None Sole
Outback Steakhouse Common 689899102 2405211 92731 sole None Sole
P.C. Connection Inc. Common 69318J100 17047416 494128 sole None Sole
Pacific Century Common 421993544 647412 278066 sole None Sole
Park Place Common 700690100 3639562 291165 sole None Sole
PartnerRe Ltd. Common G6852T105 1925003 59345 sole None Sole
Pegasus Communi- Common 705904100 3987781 39875 sole None Sole
Pier 1 Imports Inc. Common 720279108 6806976 1067761 sole None Sole
Polycom Inc. Common 73172K104 15591082 244806 sole None Sole
Procter & Gamble Co. Common 742718109 4366504 39854 sole None Sole
Rocky Shoes & Boots Common 774830103 3114652 408479 sole None Sole
Royal Caribbean Common V7780T103 6261750 126981 sole None Sole
Sharper Image Corp. Common 820013100 1576523 124258 sole None Sole
Silicom Valley
Bancshares Common 827064106 247747 5005 sole None Sole
Sony Corp. Common 835699307 4803733 16970 sole None Sole
Sound Advice Inc. Common 836066100 2597269 212022 sole None Sole
St. Paul Companies Common 792860108 3850380 114297 sole None Sole
Station Casinos Inc. Common 857689103 3326248 148245 sole None Sole
Steve Madden LTD. Common 556269108 2738634 137666 sole None Sole
Sunglass Hut Common 86736F106 1042436 92661 sole None Sole
T Corp. Liberty Common 1957208 26287485 462506 sole None Sole
Talbots Inc. Common 874161102 4556033 102096 sole None Sole
TCI Satellite Common 872298104 3010384 188149 sole None Sole
Tenfold Corp. Common 88033A103 2814595 70475 sole None Sole
Time Warner Inc. Common 887315109 4959552 68585 sole None Sole
TMP Worldwide Inc. Common 872941109 3291986 23183 sole None Sole
Todd AO Corp. Common 888896107 3222660 105661 sole None Sole
Travelers Property Common 893939108 2477268 72323 sole None Sole
TV Guide Inc. Common 87307Q109 8290830 192810 sole None Sole
Twinlab Corp. Common 901774109 2226214 280462 sole None Sole
UCBH Holdings Corp. Common 90262T308 16119910 783947 sole None Sole
Ultimate Electronics Common 903849107 306553 12386 sole None Sole
Uno Restaurant Corp. Common 914900105 9195635 826574 sole None Sole
USA Networks Inc. Common 902984103 10277 186 sole None Sole
Value City Department Common 920387107 747265 49400 sole None Sole
Venator Group Inc. Common 922944103 5345858 763694 sole None Sole
Viacom Inc. Common 925524308 11552023 191140 sole None Sole
Viant Corp. Common 92553N107 367092 3708 sole None Sole
Walgreen Co. Common 931422109 5045010 129929 sole None Sole
Walt Disney Co. Common 254687106 81344 2781 sole None Sole
Weider Nutrition Common 948603105 1002896 271972 sole None Sole
Wells Fargo & Co. Common 949746101 2698556 66734 sole None Sole
Westwood One Inc. Common 961815107 7325944 96394 sole None Sole
Whitehall Jewellers Common 965063100 1746400 47360 sole None Sole
Williams Sonoma Inc. Common 969904101 3148010 68435 sole None Sole
Wolverine World Wide Common 978097103 2822826 258087 sole None Sole
Xicor Inc. Common 984903104 73570 5375 sole None Sole
Zale Corp. Common 988858106 14076157 290980 sole None Sole
Zixlt Corp. Common 98974P100 7001222 176687 sole None Sole
6
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TOTAL $676,117,642
</TABLE>
7
02717001.AA5
