UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 09/30/99
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: KBW Asset Management, Inc.
Address: Two World Trade Center, 85th Floor
New York, New York 10048
Form 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:
Reporting Manager:
Name: Michael T. O'Brien
Title: President
Phone: 212-432-4502
Signature, Place, and Date of Signing:
Michael T. O'Brien
[Signature]
New York, New York
[City, State]
October 19, 1999
[Date]
Report Type (Check only one):
|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 managers(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).)
<PAGE>
Form 13F Summary Page
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 154
Form 13F Information Table Value Total: $75,262 (thousands)
List of Other Included Managers: None
<PAGE>
FORM 13F INFORMATION TABLE
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
- ------------------------------------------------------------------------------------------------------------------------------------
Name of Title of CUSIP Value Shrs or SH/ Put/ Investment Other Voting
Issuer Class (x$1000) prn amt PRN Call discretion managers authority
- ------------------------------------------------------------------------------------------------------------------------------------
Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ACM INSTITUTIONAL RESERVES Common Stock A000156 8,155 8,154,905 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
ACM INSTITUTIONAL RESERVES Common Stock A000156 25,985 25,985,253 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
AMCORE FINANCIAL INC Common Stock 23912108 660 32,000 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
AMCORE FINANCIAL INC Common Stock 23912108 1,134 55,000 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
AMCORE FINANCIAL INC Common Stock 23912108 309 15,000 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
AMCORE FINANCIAL INC Common Stock 23912108 175 8,500 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
SUNTRUST BK JAN 40 8679601AH 117 42 Call Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
SUNTRUST BK JAN 40 8679601AH 78 28 Call Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
CAPITAL ONE MAR 40 14040H0CH -94 -170 Call Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
CAPITAL ONE MAR 40 14040H0CH -33 -60 Call Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
CAPITAL ONE MAR 40 14040H0CH -36 -66 Call Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
KEYSTONE FIN OCT 22.5 4934829JX -13 -81 Call Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
KEYSTONE FIN OCT 22.5 4934829JX -5 -31 Call Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
KEYSTONE FIN OCT 22.5 4934829JX -5 -33 Call Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
CAPITAL ONE FINANCIAL CORP Common Stock 14040H105 987 25,300 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
CAPITAL ONE FINANCIAL CORP Common Stock 14040H105 1,482 38,000 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
CAPITAL ONE FINANCIAL CORP Common Stock 14040H105 218 5,600 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
CAPITAL ONE FINANCIAL CORP Common Stock 14040H105 445 11,400 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
CCB FINANCIAL CORP Common Stock 124875105 296 7,100 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
CCB FINANCIAL CORP Common Stock 124875105 500 12,000 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
CCB FINANCIAL CORP Common Stock 124875105 125 3,000 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
CCB FINANCIAL CORP Common Stock 124875105 191 4,600 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
CENTURA BANKS INC Common Stock 15640T100 685 16,550 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
CENTURA BANKS INC Common Stock 15640T100 1,614 39,000 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
CENTURA BANKS INC Common Stock 15640T100 432 10,450 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
CENTURA BANKS INC Common Stock 15640T100 559 13,500 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
- ------------------------------------------------------------------------------------------------------------------------------------
Name of Title of CUSIP Value Shrs or SH/ Put/ Investment Other Voting
Issuer Class (x$1000) prn amt PRN Call discretion managers authority
- ------------------------------------------------------------------------------------------------------------------------------------
Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
- ------------------------------------------------------------------------------------------------------------------------------------
CHASE MANHATTAN CORP NEW Common Stock 16161A108 407 5,400 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
CHASE MANHATTAN CORP NEW Common Stock 16161A108 844 11,200 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
CHASE MANHATTAN CORP NEW Common Stock 16161A108 181 2,400 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
CHASE MANHATTAN CORP NEW Common Stock 16161A108 271 3,600 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
COMERICA INC Common Stock 200340107 921 18,200 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
COMERICA INC Common Stock 200340107 886 17,500 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
COMERICA INC Common Stock 200340107 243 4,800 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
COMERICA INC Common Stock 200340107 339 6,700 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
CULLEN FROST BANKERS INC Common Stock 229899109 400 16,000 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
CULLEN FROST BANKERS INC Common Stock 229899109 450 18,000 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
CULLEN FROST BANKERS INC Common Stock 229899109 20 800 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
CULLEN FROST BANKERS INC Common Stock 229899109 250 10,000 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
FIRST AMERICAN CORP-TENN Common Stock 318900107 661 15,200 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
FIRST AMERICAN CORP-TENN Common Stock 318900107 1009 23,200 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
FIRST AMERICAN CORP-TENN Common Stock 318900107 326 7,500 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
FIRST AMERICAN CORP-TENN Common Stock 318900107 318 7,300 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
FIRST SECURITY CORP-DEL Common Stock 336294103 502 21,100 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
FIRST SECURITY CORP-DEL Common Stock 336294103 887 37,300 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
FIRST SECURITY CORP-DEL Common Stock 336294103 193 8,100 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
FIRST SECURITY CORP-DEL Common Stock 336294103 390 16,400 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
FIRST UNION CORP Common Stock 337358105 192 5,400 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
FIRST UNION CORP Common Stock 337358105 403 11,300 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
FIRST UNION CORP Common Stock 337358105 86 2,400 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
FIRST UNION CORP Common Stock 337358105 132 3,700 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
HAMILTON BANCORP INC (FL.) Common Stock 407013101 102 4,800 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
HAMILTON BANCORP INC (FL.) Common Stock 407013101 176 8,300 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
HAMILTON BANCORP INC (FL.) Common Stock 407013101 49 2,300 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
HAMILTON BANCORP INC (FL.) Common Stock 407013101 60 2,800 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
INDEPENDENT BANK CORP-MASS Common Stock 453836108 13 1,000 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
INVESTORS FINANCIAL SERVICES Common Stock 461915100 103 3,000 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
- ------------------------------------------------------------------------------------------------------------------------------------
Name of Title of CUSIP Value Shrs or SH/ Put/ Investment Other Voting
Issuer Class (x$1000) prn amt PRN Call discretion managers authority
- ------------------------------------------------------------------------------------------------------------------------------------
Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
- ------------------------------------------------------------------------------------------------------------------------------------
INVESTORS FINANCIAL SERVICES Common Stock 461915100 155 4,510 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
INVESTORS FINANCIAL SERVICES Common Stock 461915100 242 7,040 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
KEYCORP NEW Common Stock 493267108 554 21,450 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
KEYCORP NEW Common Stock 493267108 986 38,200 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
KEYCORP NEW Common Stock 493267108 376 14,550 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
KEYCORP NEW Common Stock 493267108 604 23,400 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
KEYSTONE FINANCIAL INC Common Stock 493482103 192 8,100 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
KEYSTONE FINANCIAL INC Common Stock 493482103 74 3,100 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
KEYSTONE FINANCIAL INC Common Stock 493482103 78 3,300 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
M & T BANK CORP COM Common Stock 55261F104 597 1,300 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
M & T BANK CORP COM Common Stock 55261F104 923 2,010 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
M & T BANK CORP COM Common Stock 55261F104 230 500 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
M & T BANK CORP COM Common Stock 55261F104 243 530 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
MARSH & MCLENNAN COMPANIES INC Common Stock 571748102 24 350 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
MARSH & MCLENNAN COMPANIES INC Common Stock 571748102 51 750 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
MARSH & MCLENNAN COMPANIES INC Common Stock 571748102 17 250 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
MECH FINANCIAL INC Common Stock 583492103 330 10,000 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
MECH FINANCIAL INC Common Stock 583492103 396 12,000 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
NATIONAL CITY CORP Common Stock 635405103 311 11,640 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
NATIONAL CITY CORP Common Stock 635405103 653 24,450 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
NATIONAL CITY CORP Common Stock 635405103 142 5,320 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
NATIONAL CITY CORP Common Stock 635405103 216 8,100 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
PEOPLES HERITAGE FINL GROUP Common Stock 711147108 565 34,000 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
PEOPLES HERITAGE FINL GROUP Common Stock 711147108 391 23,500 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
PEOPLES HERITAGE FINL GROUP Common Stock 711147108 449 27,000 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
PFF BANCORP INC Common Stock 69331W104 227 11,000 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
PFF BANCORP INC Common Stock 69331W104 21 1,000 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
PROVIDIAN CORP Common Stock 74406A102 79 1,000 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
PROVIDIAN CORP Common Stock 74406A102 111 1,400 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
PROVIDIAN CORP Common Stock 74406A102 40 500 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
- ------------------------------------------------------------------------------------------------------------------------------------
Name of Title of CUSIP Value Shrs or SH/ Put/ Investment Other Voting
Issuer Class (x$1000) prn amt PRN Call discretion managers authority
- ------------------------------------------------------------------------------------------------------------------------------------
Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
PROVIDIAN CORP Common Stock 74406A102 55 700 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
AMCORE FINCL NOV 22.5 0239129WX -26 -105 Put Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
AMCORE FINCL NOV 22.5 0239129WX -8 -33 Put Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
AMCORE FINCL NOV 22.5 0239129WX -13 -52 Put Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
CAPITAL ONE DEC 51.625 14040H9XW -64 -50 Put Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
CAPITAL ONE DEC 51.625 14040H9XW -64 -50 Put Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
CAPITAL ONE DEC 51.625 14040H9XW -36 -28 Put Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
CAPITAL ONE DEC 56.625 14040H9XY -18 -10 Put Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
CAPITAL ONE DEC 56.625 14040H9XY -74 -42 Put Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
CAPITAL ONE DEC 56.625 14040H9XY -44 -25 Put Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
CAPITAL ONE DEC 58.375 14040H9XZ -86 -45 Put Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
CAPITAL ONE DEC 58.375 14040H9XZ -57 -30 Put Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
COMERICA INC OCT 60 2003409VL -192 -210 Put Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
COMERICA INC OCT 60 2003409VL -55 -60 Put Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
COMERICA INC OCT 60 2003409VL -55 -60 Put Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
PFF BANCORP NOV 22.5 69331W9WX -38 -178 Put Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
PFF BANCORP NOV 22.5 69331W9WX -10 -47 Put Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
PFF BANCORP NOV 22.5 69331W9WX -16 -75 Put Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
PROVIDIAN FI JAN 90 B4406A0MR -111 -70 Put Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
PROVIDIAN FI JAN 90 B4406A0MR -32 -20 Put Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
PROVIDIAN FI JAN 90 B4406A0MR -48 -30 Put Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
PROVIDIAN FI MAR 95 74406A0OS -104 -50 Put Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
PROVIDIAN FI MAR 95 74406A0OS -25 -12 Put Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
PROVIDIAN FI MAR 95 74406A0OS -46 -22 Put Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
STATE STREET NOV 70 8574779WN -43 -60 Put Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
STATE STREET NOV 70 8574779WN -11 -15 Put Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
STATE STREET NOV 70 8574779WN -18 -25 Put Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
QUEENS COUNTY BANCORP INC Common Stock 748242104 105 3,800 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
QUEENS COUNTY BANCORP INC Common Stock 748242104 146 5,300 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
QUEENS COUNTY BANCORP INC Common Stock 748242104 41 1,500 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
- ------------------------------------------------------------------------------------------------------------------------------------
Name of Title of CUSIP Value Shrs or SH/ Put/ Investment Other Voting
Issuer Class (x$1000) prn amt PRN Call discretion managers authority
- ------------------------------------------------------------------------------------------------------------------------------------
Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
QUEENS COUNTY BANCORP INC Common Stock 748242104 55 2,000 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
RELIANCE BANCORP INC Common Stock 759451107 166 4,400 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
RELIANCE BANCORP INC Common Stock 759451107 348 9,250 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
RELIANCE BANCORP INC Common Stock 759451107 75 2,000 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
RELIANCE BANCORP INC Common Stock 759451107 117 3,100 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
ST PAUL BANCORP INC Common Stock 792848103 926 40,501 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
ST PAUL BANCORP INC Common Stock 792848103 1,072 46,878 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
ST PAUL BANCORP INC Common Stock 792848103 284 12,409 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
ST PAUL BANCORP INC Common Stock 792848103 428 18,730 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
STERLING BANCSHARES INC Common Stock 858907108 114 10,000 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
STERLING BANCSHARES INC Common Stock 858907108 193 16,900 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
STERLING BANCSHARES INC Common Stock 858907108 54 4,700 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
STERLING BANCSHARES INC Common Stock 858907108 88 7,700 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
SUMMIT BANCORP Common Stock 866005101 519 16,000 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
SUMMIT BANCORP Common Stock 866005101 1,119 34,500 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
SUMMIT BANCORP Common Stock 866005101 240 7,400 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
SUMMIT BANCORP Common Stock 866005101 371 11,450 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
SUNTRUST BANKS INC Common Stock 867914103 421 6,400 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
SUPERIOR FINL CORP DEL Common Stock 868161100 239 20,000 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
SUPERIOR FINL CORP DEL Common Stock 868161100 370 31,000 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
SUPERIOR FINL CORP DEL Common Stock 868161100 107 9,000 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
US BANCORP-DEL Common Stock 902973106 299 9,900 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
US BANCORP-DEL Common Stock 902973106 97 3,200 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
US TRUST CORP NEW Common Stock 91288L105 888 11,050 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
US TRUST CORP NEW Common Stock 91288L105 88 1,100 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
US TRUST CORP NEW Common Stock 91288L105 442 5,500 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
UCBH HOLDINGS INC Common Stock 90262T308 69 3,800 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
UCBH HOLDINGS INC Common Stock 90262T308 76 4,150 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
UCBH HOLDINGS INC Common Stock 90262T308 33 1,800 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
UCBH HOLDINGS INC Common Stock 90262T308 50 2,750 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
- ------------------------------------------------------------------------------------------------------------------------------------
Name of Title of CUSIP Value Shrs or SH/ Put/ Investment Other Voting
Issuer Class (x$1000) prn amt PRN Call discretion managers authority
- ------------------------------------------------------------------------------------------------------------------------------------
Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
WESTERN BANCORP Common Stock 957683105 966 25,000 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
WESTERN BANCORP Common Stock 957683105 730 18,900 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
WESTERN BANCORP Common Stock 957683105 448 11,600 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
WESTERN BANCORP Common Stock 957683105 444 11,500 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
WILMINGTON TRUST CORP Common Stock 971807102 51 1,050 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
WILMINGTON TRUST CORP Common Stock 971807102 109 2,250 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
WILMINGTON TRUST CORP Common Stock 971807102 24 500 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
WILMINGTON TRUST CORP Common Stock 971807102 34 700 Sole Sole 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
