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: Parthenon Capital Management, LLC
Address: P O Box 436709
Louisville, KY 40253
13F File Number: 28-
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: Todd P. Lowe
Title: President
Phone: 502-327-5661
Signature, Place, and Date of Signing:
Todd P. Lowe Louisville, KY February 03, 2000
Report Type (Check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE THE SECURITIES EXCHANGE
ACT OF 1934.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form13F Information Table Entry Total: 197
Form13F Information Table Value Total: 294794670
List of Other Included Managers:
List of Other Managers Reporting for this Manager:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional managers with respect to which this report is filled, other
than the manager filing this report.
NONE
<PAGE>
<TABLE> <C> <C>
FORM 13F INFORMATION TABLE
TITLE
OF VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------------------------------------------------------------------------------------------------------------
ABBOTT LABS COM common 002824100 1226999 33790 sh 33790
AEGON N V SPONSORED ADR common 007924103 12915802 135244 sh 135244
AGRIBRANDS INTL INC common 00849R105 3680 80 sh 80
ALBERTSONS INC COM common 013104104 524063 16250 sh 16250
ALCOA INC common 013817101 116200 1400 sh 1400
ALLERGAN INC COM common 018490102 736300 14800 sh 14800
ALLSTATE CORP COM common 020002101 16844 700 sh 700
AMERICA ON LINE common 02364J104 37938 500 sh 500
AMERICAN EXPRESS CO COM common 025816109 24938 150 sh 150
AMERICAN HOME PRODS CP COM common 026609107 3723569 94868 sh 94868
AMERICAN INTL GROUP COM common 026874107 13529387 125127 sh 125127
AMERICAN WATER WORKS INC common 030411102 29750 1400 sh 1400
AMR CORP DE common 001765106 6700 100 sh 100
AMYLIN PHARMACEUTICALS common 032346108 8344 1000 sh 1000
ANHEUSER BUSCH COS INC COM common 035229103 1369305 19320 sh 19320
APPLIED MATLS INC COM common 038222105 234372 1850 sh 1850
ASSOCIATE FIRST CAPITAL CORPcommon 046008108 14377 524 sh 524
AT&T CORP COM common 001957109 326572 6427 sh 6427
ATLANTIC RICHFIELD common 048825103 207600 2400 sh 2400
AUDRE RECOGNITION SYSTEM common 050904101 2400 40000 sh 40000
AUTOMATIC DATA PROCESS COM common 053015103 1179863 21900 sh 21900
AVON PRODS INC COM common 054303102 419760 12720 sh 12720
BALLANTYNE OMAHA INC COM common 058516105 5618 977 sh 977
BANK AMER CORP COM common 060505104 297562 5929 sh 5929
BANK OF NY CO INC common 064057102 4000 100 sh 100
BANK ONE CORP COM common 06423A103 3333504 104172 sh 104172
BATTLE MOUNTAIN GOLD 1 Vote common 071593107 74 36 sh 36
BECTON DICKINSON & CO COM common 075887109 13469 500 sh 500
BELL ATLANTIC CORP COM common 077853109 1132134 18390 sh 18390
BELLSOUTH CORP COM common 079860102 2175471 46472 sh 46472
BERKSHIRE HATHAWAY CL A common 084670108 2356200 42 sh 42
BERKSHIRE HATHAWAY CL B common 084670207 3789930 2071 sh 2071
BESTFOODS COM common 08658U101 475165 9040 sh 9040
BIOMEDICAL WASTE SYS INC common 09061E106 0 250 sh 250
BOEING common 097023105 4144 100 sh 100
BOISE CASCADE CORPORATION common 097383103 405 10 sh 10
BOISE CASCADE OFFICE PRODS common 097403109 600 40 sh 40
BP AMOCO P L C SPONSORED ADRcommon 055622104 5373297 90593 sh 90593
BRADY CORP CL A common 104674106 27150 800 sh 800
BRISTOL MYERS SQUIBB COM common 110122108 4327778 67424 sh 67424
BRITISH AIRWAYS PLC ADR common 110419306 64375 1000 sh 1000
BROWN FORMAN CORP CL A common 115637100 574434 10650 sh 10650
BROWN FORMAN CORP CL B common 115637209 177475 3100 sh 3100
CAL MAINE FOODS INC NEW common 128030202 356 100 sh 100
CARNIVAL CORPORATION common 143658102 9563 200 sh 200
CAROLINA PWR & LT CO COM common 144141108 9131 300 sh 300
CBRL GROUP INC COM common 12489V106 3639 375 sh 375
CBS CORPORATION common 12490K107 8504 133 sh 133
CENTURYTEL INC common 156700106 5993180 126505 sh 126505
CHASE MANHATTAN NEW COM common 16161A108 23306 300 sh 100 200
CHEVRON CORPORATION COM common 166751107 750779 8667 sh 8667
CHURCHILL DOWNS INC common 171484108 11281 500 sh 500
CINCINNATI FINL CORP COM common 172062101 5909751 189491 sh 189491
CISCO SYS INC COM common 17275R102 267813 2500 sh 2500
CLOROX CO DEL COM common 189054109 4055188 80500 sh 80500
COCA COLA CO COM common 191216100 2299128 39470 sh 39470
COLGATE PALMOLIVE CO COM common 194162103 3129360 48144 sh 48144
COMAIR common 199789108 51425 2200 sh 2200
COMPAQ COMPUTER CORP common 204493100 16238 600 sh 600
COMPUTER SCIENCES CORP COM common 205363104 75700 800 sh 800
CONOCO INC CL A common 208251306 9900 400 sh 400
CONSECO INC COM common 208464107 46437 2607 sh 2607
CONSTELLATION ENERGY CO common 210371100 11600 400 sh 400
DELL COMPUTER CORP common 247025109 5100 100 sh 100
DELPHI AUTOMOTIVE SYSTEM common 247126105 2111 134 sh 134
DIAMOND OFFSHORE DRILLING common 25271C102 7060 231 sh 231
DISNEY WALT CO COM common 254687106 1011026 34565 sh 34565
DOLLAR GENERAL common 256669102 27755 1220 sh 1220
DOVER CORP COM common 260003108 8268959 182236 sh 182236
DU PONT E I DE NEMOURS COM common 263534109 961775 14600 sh 14600
EASTMAN KODAK common 277461109 289976 4377 sh 4377
ECOLAB INC common 278865100 226925 5800 sh 5800
EMERSON ELEC CO COM common 291011104 341381 5950 sh 5950
EXXON MOBIL CORPORATION common 30231g102 5858827 72724 sh 72724
FARMERS CAP BK CORP COM common 309562106 626600 20800 sh 20800
FEDERAL HOME LOAN MORTGAGE common 313400301 10386520 220696 sh 220696
FEDERAL NATL MTG ASSN COM common 313586109 34341 550 sh 550
FIFTH THIRD BANK common 316773100 495208 6749 sh 6749
FIRSTAR CORP NEW WIS common 33763V109 88472 4188 sh 4188
FLIR SYS INC COM common 302445101 24375 1500 sh 500 1000
FORD MOTOR COMPANY common 345370100 53313 1000 sh 1000
FORTUNE BRANDS common 349631101 264236 7992 sh 7992
G & K SVCS CL A common 361268105 3082101 95200 sh 95200
GALLAHER GRP SPON ADR F common 363595109 6150 400 sh 400
GANNETT INC COM common 364730101 513844 6300 sh 6300
GAP INC common 364760108 4462 97 sh 97
GENERAL ELEC CO COM common 369604103 10422877 67353 sh 67353
GENERAL MILLS INC common 370334104 5506 154 sh 154
GENERAL MOTORS CORPORATION common 370422105 21661 298 sh 298
GENUINE PARTS CO COM common 372460105 22331 900 sh 900
GILLETTE CO COM common 375766102 829928 20150 sh 20150
GLAXO WELLCOME PLC SPON A common 37733W105 164831 2950 sh 2950
GTE CORP common 362320103 119956 1700 sh 1700
HARLEY DAVIDSON INC COM common 412822108 12206405 190539 sh 190539
HASBRO INC COM common 418056107 2299713 121437 sh 121437
HEALTHEON CORP common 422209106 52500 1400 sh 1400
HECLA MINING COMPANY common 422704106 263 168 sh 168
HEINZ H J CO COM common 423074103 289636 7275 sh 7275
HERSHEY FOODS CORP COM common 427866108 725794 15300 sh 15300
HEWLETT PACKARD CO COM common 428236103 4469238 39290 sh 39290
HILLENBRAND INDS INC COM common 431573104 120413 3800 sh 3800
HOME DEPOT INC COM common 437076102 535425 7788 sh 7788
HONEYWELL INC COM common 438506107 48631 843 sh 843
HUMANA INC common 444859102 409 50 sh 50
II VI INC COM common 902104108 32200 1600 sh 600 1000
ILLINOIS TOOL WKS INC COM common 452308109 40538 600 sh 600
INPUT OUTPUT INC common 457652105 5063 1000 sh 1000
INTASYS CORPORATION common 45809M109 87 16 sh 16
INTEL CORP COM common 458140100 1027260 12480 sh 12480
INTERNATIONAL BUS MACH COM common 459200101 401295 3720 sh 3720
INVESTORS TITLE CO COM common 461804106 8625 500 sh 500
IPVOICE.COM INC common 46264P108 5813 3000 sh 3000
ITO YOKADO CO LTD ADR F common 465714301 10463 100 sh 100
JEFFERSON PILOT CORP COM common 475070108 51188 750 sh 750
JOHNSON & JOHNSON COM common 478160104 7715505 82740 sh 82740
KELLOGG COMPANY common 487836108 9244 300 sh 300
KIMBERLY CLARK CORPORATION common 494368103 130875 2000 sh 2000
KROGER CO COM common 501044101 51340 2720 sh 2720
LG&E ENERGY CORP COM common 501917108 688084 39460 sh 39460
LILLY ELI & COMPANY common 532457108 86450 1300 sh 1300
LIZ CLAIBORNE INC common 539320101 37625 1000 sh 1000
LOWES COMPANIES INC common 548661107 23900 400 sh 400
LUCENT TECHNOLOGIES COM common 549463107 470700 6276 sh 6276
MARSH & MCLENNAN COS INC common 571748102 1289580 13477 sh 13477
MATTEL INC COM common 577081102 2675429 203842 sh 203842
MAXI HEALTH PLANS INC NEW common 577904204 615 214 sh 214
MAY DEPT STORES CO COM common 577778103 229749 7124 sh 7124
MAYTAG common 578592107 19200 400 sh 400
MBIA INC COM common 55262C100 171641 3250 sh 3250
MCDONALDS CORP COM common 580135101 1871951 46436 sh 46436
MCI WORLDCOM INC COM common 55268B106 23878 450 sh 450
MELLON BANK CORP common 58551A108 3406 100 sh 100
MERCK & CO INC COM common 589331107 5688497 84666 sh 84666
MERRILL LYNCH & CO INC COM common 590188108 14580 175 sh 175
MICROSOFT CORP COM common 594918104 1364808 11690 sh 11690
MID AMERICA BANCORP common 595915109 67973 2385 sh 2385
MINNESOTA MNG & MFG CO COM common 604059105 993431 10150 sh 10150
NATIONAL CITY CORP COM common 635405103 24385902 1029484 sh 1029484
NELSON THOMAS CL B common 640376208 1238 132 sh 132
NELSON THOMAS INC common 640376109 22663 2450 sh 2450
NETWORK ASSOCIATES INC common 640938106 1334 50 sh 50
NEWELL RUBBERMAID INC common 651229106 58000 2000 sh 2000
NEWMONT MINING CORP common 651639106 539 22 sh 22
NIKE INC CL B common 654106103 2314569 46700 sh 46700
OFFICE DEPOT INC common 676220106 330 30 sh 30
ORACLE CORP COM common 68389X105 138621 1237 sh 1237
P-COM INC common 693262107 3538 400 sh 400
PEPSICO INC COM common 713448108 1936988 54950 sh 54950
PFIZER INC COM common 717081103 108990 3360 sh 3360
PHARMACEUTICAL PROD DEV common 717124101 6745 568 sh 568
PHARMACIA & UPJOHN INC common 716941109 90000 2000 sh 2000
PHILIP MORRIS COS INC COM common 718154107 3790264 164794 sh 164794
PNC BK CORP COM common 693475105 2245915 50470 sh 50470
POTASH CORP SASK INC COM common 73755L107 44573 925 sh 925
PROCTER & GAMBLE CO COM common 742718109 10876160 99269 sh 99269
PROFESSIONAL GROUP INC common 742954100 118500 5056 sh 5056
PROVIDIAN FINL CORP COM common 74406A102 21431286 235347 sh 235347
RALCORP HOLDINGS INC NEW common 751028101 6201 311 sh 311
RALSTON PURINA GROUP common 751277302 63499 2278 sh 2278
RES-CARE INC COM common 760943100 12750 1000 sh 1000
REUTERS GROUP PLC SPON AD common 76132M102 123239 1525 sh 1525
ROYAL DUTCH PETROLEUM GLDR common 780257804 314925 5200 sh 5200
SARA LEE CORP COM common 803111103 2201705 99794 sh 99794
SBC COMMUNICATIONS INC COM common 78387G103 2024051 41519 sh 41519
SCANA CORP COM common 805898103 10750 400 sh 400
SCHERING PLOUGH CORP COM common 806605101 2099088 49536 sh 49536
SCHLUMBERGER LTD COM common 806857108 112250 2000 sh 2000
SEAGRAM LTD COM common 811850106 179000 4000 sh 4000
SIGCORP INC common 826912107 39653 1743 sh 1743
SIGMA ALDRICH CORP COM common 826552101 363756 12100 sh 12100
SMITHKLINE BEECHAM PLC A ADRcommon 832378301 16441394 256396 sh 256396
SOLUTIA INC common 834376105 1235 80 sh 80
SOUTHERN CO COM common 842587107 11351 483 sh 483
SPEEDWAYMOTOR SPORTS INC common 847788106 5084125 182800 sh 182800
STAPLES INC common 855030102 17638 850 sh 850
STEELCASE INC CL A common 858155203 12000 1000 sh 1000
SUNTRUST BKS INC COM common 867914103 75694 1100 sh 1100
SYNOVUS FINL CORP COM common 87161C105 75525 3800 sh 3800
SYSCO CORP COM common 871829107 7034213 177800 sh 177800
TELEFLEX INC COM common 879369106 3106513 99210 sh 99210
TELEFON DE MEX L ADR F common 879403780 22500 200 sh 200
TENET HEALTHCARE common 88033G100 23500 1000 sh 1000
TEXACO INC COM common 881694103 131708 2425 sh 2425
TOOTSIE ROLL INDS INC COM common 890516107 1542529 46832 sh 46832
TRICON GLOBAL REST COM common 895953107 29355 760 sh 760
U S X-MARATHON GROUP common 902905827 16047 650 sh 650
UNILEVER N V common 904784709 19434 357 sh 357
US BANCORP DEL COM common 902973106 2277666 95650 sh 95650
UST INC COM common 902911106 254394 10100 sh 10100
VENCOR INC NEW common 92260R102 257 2850 sh 2800 50
VENTAS INC COM common 92276F100 8166 1950 sh 1850 100
WACHOVIA CORP COM common 929771103 1915220 28165 sh 28165
WAL MART STORES INC COM common 931142103 644245 9320 sh 9320
WALGREEN CO COM common 931422109 5747508 196496 sh 196496
WARNER LAMBERT CO COM common 934488107 1483233 18102 sh 18102
WEYERHAEUSER COMPANY common 962166104 86175 1200 sh 1200
WILLIAMS COS INC DEL COM common 969457100 9169 300 sh 300 300
</TABLE>
