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, 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: Advent Capital Management, a division of Utendahl
Capital Management, L.P.
Address: 30 Broad Street, 30th floor
New York, NY 10004
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: Paul L. Latronica
Title: Assistant Vice President
Phone: (212) 482-1606
Signature, Place, and Date of Signing:
/s/ Paul L. Latronica New York, NY 10/21/99
--------------------------- -------------- ---------
[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.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report, and
all holdings are reported by other reporting manager(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: 95
--
Form 13F Information Table Value Total: $ 231,846
----------
(thousands)
List of Other Included Managers: NONE
<PAGE>
<TABLE>
<CAPTION>
Advent Capital Management, a division of Utendahl Capital Management, L.P.
Title of Market Investment Other Voting
Name of Security class Cusip Value Quantity Discretion Managers Authority
(x1000)
<S> <C> <C> <C> <C> <C> <C> <C>
ADELPHIA COMMUNICATIONS Convertible 006848402 4025 22,610 Sole None None
AFFYMETRIX INC Convertible 00826TAA6 1982 2,000,000 Sole None None
ALPHARMA INC Convertible 020813ab7 4792 3,481,000 Sole None None
ALZA COPR Convertible 022615ad0 3165 2,569,000 Sole None None
AMERICAN EXPRESS Convertible 025818cj2 456 375,000 Sole None None
AMERICAN INT'L GROUP Convertible 02687qah1 4798 3,649,000 Sole None None
ANNTAYLOR INC Convertible 03611aa1 3007 5,250,000 Sole None None
ANTEC CORPORATION Convertible 03664pab1 692 300,000 Sole None None
APACHE CORP Convertible 037411600 3447 86,180 Sole None None
AUTOMATIC DATA PROCESSING Convertible 053015AC7 3039 2,640,000 Sole None None
BANKATLANTIC Convertible 065908ac9 159 200,000 Sole None None
BEA SYSTEMS INC Convertible 073325AB8 4225 2,917,000 Sole None None
BELL ATL/CABLE&WIRE Convertible 07785gac4 1108 1,050,000 Sole None None
BELL ATL/TELE NEW ZEALAND Convertible 07785qab6 541 525,000 Sole None None
BERKSHIRE HATHAWAY Convertible 084670AF5 198 100,000 Sole None None
CAN NATL RAILWAY Convertible 136375409 3331 64,439 Sole None None
CENDANT (CUC INT'L) Convertible 126545AD4 186 200,000 Sole None None
CHARMING SHOPS Convertible 161133AA1 238 250,000 Sole None None
CITRIX SYSTEMS Convertible 177376ab6 3365 6,975,000 Sole None None
CLEAR CHANNEL Convertible 184502ab8 4327 3,054,000 Sole None None
CNB BANKSHARES Convertible 12613G207 2399 82,017 Sole None None
CFN TRANSPORTATION Convertible 12612v205 3637 67,670 Sole None None
COMVERSE TECHNOLOGY Convertible 205862ag0 686 300,000 Sole None None
CONEXANT SYSTEMS Convertible 209142AB6 1033 600,000 Sole None None
CONEXANT SYSTEMS - 144A Convertible 207142aa8 2078 1,200,000 Sole None None
COSTALS CORP Convertible 109441865 2049 78,609 Sole None None
COSTCO COMPANIES Convertible 22160qac6 5396 6,220,000 Sole None None
COSTCO COMPANIES 144a Convertible 22160qaa0 347 400,000 Sole None None
COX COMMUNICATIONS Convertible 224044305 621 10,753 Sole None None
CVS CORP Convertible 126645209 2986 39,445 Sole None None
CYPRUS AMAX MINING $4.00 Convertible 232809202 163 3,300 Sole None None
DATA GENERAL CORPORATION Convertible 237688AG1 2750 2,600,000 Sole None None
DEVON ENERGY Convertible 70931qab5 3907 3,883,000 Sole None None
DIAMOND OFFSHORE DRILLING Convertible 25271caa0 3403 3,208,000 Sole None None
ELAN CORP/ATHENA NEURO Convertible 046854ab1 4658 4,058,000 Sole None None
ESTEE LAUDER TRUST II Convertible 518438205 664 8,510 Sole None None
FOUR SEASONS HOTELS Convertible 35100EAD6 463 1,889,000 Sole None None
GENZYME CORPORATION Convertible 372917af1 2669 1,983,000 Sole None None
GENZYME CORPORATION 144a Convertible 372917ae4 673 500,000 Sole None None
GEORGIA PACIFIC Convertible 373298801 2003 45,265 Sole None None
GETTY IMAGES INC Convertible 374276ac7 210 200,000 Sole None None
GILAT SATELLITE Convertible 375255ab2 3416 2,255,000 Sole None None
HEWLETT-PACKARD Convertible 428236ac7 5826 9,551,000 Sole None None
HOUSTON INDS/TIME WARNER Convertible 442161204 263 2,580 Sole None None
INCO INC Convertible 453258AK1 194 200,000 Sole None None
INTEL Convertible 527295ac3 2099 850,000 Sole None None
INTERNATIONAL PAPER Convertible 460137300 3341 66,329 Sole None None
INTERPUBLIC GROUP Convertible 460690af7 582 497,000 Sole None None
INTERPUBLIC GROUP Convertible 460690AJ9 670 718,000 Sole None None
INTERPUBLIC GROUP 144a Convertible 460690ag5 3291 3,525,000 Sole None None
JOHNSON & Convertible 152342ac1 5483 4,151,000 Sole None None
JOHNSON/CENTOCOR
KMART Convertible 498778208 4343 91,185 Sole None None
LABORATORY CORP Convertible 50540R201 473 8,450 Sole None None
LAM RESEARCH Convertible 512807AC2 2597 2,600,000 Sole None None
LAMAR ADVERTISING Convertible 512815AF8 636 500,000 Sole None None
LEVEL 3 COMM Convertible 52729NAG5 302 300,000 Sole None None
MAGNA INTERNATIONAL Convertible 559222ag9 183 200,000 Sole None None
MCLEODUSA INC Convertible 582266201 2776 7,000 Sole None None
MEDIAONE/AIRTOUCH (UMX) Convertible 58440j401 3766 35,885 Sole None None
MERRILL LYNCH/TIME WARNER Convertible 590188jv1 3135 3,465,000 Sole None None
MICRON TECHNOLOGY Convertible 595112ab9 5171 4,339,000 Sole None None
MOTOROLA INC Convertible 620076AJ8 3634 3,567,000 Sole None None
NATIONAL AUSTRALIA BANK Convertible 632525309 4703 171,815 Sole None None
NEWELL RUBBERMAID INC Convertible 651195307 244 6,000 Sole None None
NEXSTAR PHARMACEUTICALS-144a Convertible 65333bac0 459 300,000 Sole None None
NEXTEL COMMUNICATIONS Convertible 65332var4 1581 1,000,000 Sole None None
NEXTEL STRYPES (MNX) Convertible 65332y107 312 5,372 Sole None None
OAK INDUSTRIES Convertible 671400al3 3546 3,341,000 Sole None None
PARK ELECTROCHEMICAL Convertible 700416AB6 243 250,000 Sole None None
PHOTRONICS INC Convertible 719405AA0 4845 4,615,000 Sole None None
POGO PRODUCING Convertible 73044p208 2160 40,563 Sole None None
QWEST COMMUNICATIONS Convertible 749121105 2149 42,446 Sole None None
SAFEGUARD SCIENTIFICS Convertible 786449ad0 2770 2,495,500 Sole None None
SANMINA CORP Convertible 800907aa5 2862 2,525,000 Sole None None
SEALED AIR Convertible 81211k209 2638 51,985 Sole None None
SIEBEL SYSTEMS INC Convertible 826170AA0 2110 2,150,000 Sole None None
SOLECTRON LYONS Convertible 834182aj6 471 773,000 Sole None None
SOLECTRON LYONS - 144a Convertible 834182ag2 2976 4,888,000 Sole None None
SPEEDWAY MOTORSPORTS Convertible 847788ac0 1210 800,000 Sole None None
SIMICROELECTRON Convertible 861012AB8 3760 4,700,000 Sole None None
SUNGLASS HUT Convertible 86736FAC0 198 250,000 Sole None None
SUNRISE ASSISTED LIVING Convertible 86768kac0 3521 3,598,000 Sole None None
TELEFONOS DE MEXICO Convertible 879403AD5 5198 5,437,000 Sole None None
THE LEARNING CO. (SOFTKEY)/M Convertible 83402naa7 126 125,000 Sole None None
TRIBUNE/AMERICA ONLINE Convertible 896047305 5927 49,595 Sole None None
TXI CAP Trust I Convertible 873119200 373 10,000 Sole None None
UNION PACIFIC Convertible 907824403 5815 127,110 Sole None None
UNION PACIFIC CAP TRUST-144A Convertible 907824205 206 4,500 Sole None None
UNOCAL Convertible 91528T207 3260 60,445 Sole None None
VALHI INC Convertible 918905ac4 398 625,000 Sole None None
VERIO INC Convertible 923433304 1688 40,863 Sole None None
VERITAS SOFTWARE Convertible 92343RAA1 4288 4,055,000 Sole None None
VETERINARY CENTERS Convertible 925514AB7 162 225,000 Sole None None
WENDY'S INTERNATIONAL Convertible 950588202 4085 72,300 Sole None None
WORLD COM Convertible 83087q302 1570 40,900 Sole None None
</TABLE>
