UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: Decmber 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: Onyx Capital Management, LLC
Address: 50 Broadway
Suite 702
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: Michael A. Kelly
Title: Portfolio Manager
Phone: 212-798-5400
Signature, Place, and Date of Signing:
Michael A. Kelly New York, NY February 15, 2000
Report Type (Check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
NONE
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: 243
Form13F Information Table Value Total: 789711
List of Other Included Managers:
NONE
List of Other Managers Reporting for this Manager:
NONE
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
- ------------------------------------------------------------------------------------------------------------------------------------
3COM CORP COM 885535104 2350 50000 SH CALL SOLE 50000
3COM CORP COM 885535104 4700 100000 SH PUT SOLE 100000
ADC TELECOMMUNICATIONS INC COM 000886101 1088 15000 SH CALL SOLE 15000
ADC TELECOMMUNICATIONS INC COM 000886101 1088 15000 SH PUT SOLE 15000
ADFORCE INC COM 006867105 1656 23200 SH SOLE 23200
ADVANCED COMMUNICATION SYS COM 00750X109 207 10800 SH SOLE 10800
AES CORPORATION COM 00130H105 2990 40000 SH PUT SOLE 40000
ALCOA INC COM 013817101 2490 30000 SH CALL SOLE 30000
ALCOA INC COM 013817101 2490 30000 SH PUT SOLE 30000
ALTERA CORPORATION COM 021441100 426 8600 SH SOLE 8600
ALTERA CORPORATION COM 021441100 1487 30000 SH CALL SOLE 30000
ALTERA CORPORATION COM 021441100 1487 30000 SH PUT SOLE 30000
ALZA CORP COM 022615108 1634 47190 SH SOLE 47190
ALZA CORP COM 022615108 970 28000 SH CALL SOLE 28000
ALZA CORP COM 022615108 104 3000 SH PUT SOLE 3000
ALZA CORP NT CV 022615AD0 2114 2000000 PRN SOLE 2000000
AMAZON.COM INC COM 023135106 2284 30000 SH CALL SOLE 30000
AMAZON.COM INC COM 023135106 761 10000 SH PUT SOLE 10000
AMERICA ONLINE INC COM 02364J104 11382 150000 SH PUT SOLE 150000
AMERICAN HOME PRODUCTS CORP COM 026609107 1664 42400 SH SOLE 42400
AMERICAN HOME PRODUCTS CORP COM 026609107 1963 50000 SH PUT SOLE 50000
AMGEN INC COM 031162100 2403 40000 SH CALL SOLE 40000
AMGEN INC COM 031162100 2403 40000 SH PUT SOLE 40000
APPLIED MATERIALS INC COM 038222105 6715 53000 SH CALL SOLE 53000
APPLIED MATERIALS INC COM 038222105 15204 120000 SH PUT SOLE 120000
ATLANTIC RICHFIELD CO COM 048825103 4758 55000 SH SOLE 55000
AUTOMATIC DATA PROCESSING COM 053015103 1616 30000 SH CALL SOLE 30000
AUTOMATIC DATA PROCESSING COM 053015103 1616 30000 SH PUT SOLE 30000
BANK OF AMERICA CORP COM 060505104 4010 79900 SH SOLE 79900
BANK OF AMERICA CORP COM 060505104 5019 100000 SH CALL SOLE 100000
BANK OF AMERICA CORP COM 060505104 5019 100000 SH PUT SOLE 100000
BEAR STEARNS COMPANIES INC COM 073902108 2581 60375 SH CALL SOLE 60375
BELL ATLANTIC CORP COM 077853109 1231 20000 SH CALL SOLE 20000
BELL ATLANTIC CORP COM 077853109 2770 45000 SH PUT SOLE 45000
BIOGEN INC COM 090597105 2983 35300 SH SOLE 35300
BIOGEN INC COM 090597105 5070 60000 SH PUT SOLE 60000
BMC SOFTWARE INC COM 055921100 1599 20000 SH CALL SOLE 20000
BMC SOFTWARE INC COM 055921100 4797 60000 SH PUT SOLE 60000
BOEING CO COM 097023105 145 3500 SH SOLE 3500
BOEING CO COM 097023105 6630 160000 SH CALL SOLE 160000
BOEING CO COM 097023105 3315 80000 SH PUT SOLE 80000
BRISTOL-MYERS SQUIBB CO COM 110122108 2015 31400 SH SOLE 31400
BRISTOL-MYERS SQUIBB CO COM 110122108 3531 55000 SH CALL SOLE 55000
BRISTOL-MYERS SQUIBB CO COM 110122108 5585 87000 SH PUT SOLE 87000
CABLEVISION SYSTEMS -CL A COM 12686C109 755 10000 SH CALL SOLE 10000
CABLEVISION SYSTEMS -CL A COM 12686C109 755 10000 SH PUT SOLE 10000
CATERPILLAR INC COM 149123101 433 9200 SH SOLE 9200
CATERPILLAR INC COM 149123101 706 15000 SH CALL SOLE 15000
CATERPILLAR INC COM 149123101 1648 35000 SH PUT SOLE 35000
CBS CORPORATION COM 12490K107 4156 65000 SH CALL SOLE 65000
CBS CORPORATION COM 12490K107 6713 105000 SH PUT SOLE 105000
CHASE MANHATTAN CORP COM 16161A108 715 9200 SH SOLE 9200
CHASE MANHATTAN CORP COM 16161A108 4273 55000 SH CALL SOLE 55000
CHASE MANHATTAN CORP COM 16161A108 4273 55000 SH PUT SOLE 55000
CISCO SYSTEMS INC COM 17275R102 7500 70000 SH CALL SOLE 70000
CISCO SYSTEMS INC COM 17275R102 8035 75000 SH PUT SOLE 75000
CITIGROUP INC COM 172967101 6961 125000 SH CALL SOLE 125000
CITIGROUP INC COM 172967101 7518 135000 SH PUT SOLE 135000
CLARIFY INC COM 180492100 3213 25500 SH SOLE 25500
CLEAR CHANNEL COMMUNICATIONSCOM 184502102 1785 20000 SH CALL SOLE 20000
CLEAR CHANNEL COMMUNICATIONSCOM 184502102 3570 40000 SH PUT SOLE 40000
CMS ENERGY CORP PFD CV 125896308 3 100 SH SOLE 100
CNF TRANSPORTATION INC PFD CV 12612V205 500 10100 SH SOLE 10100
COASTAL CORP COM 190441105 354 10000 SH PUT SOLE 10000
COCA-COLA COMPANY COM 191216100 2452 42100 SH SOLE 42100
COCA-COLA COMPANY COM 191216100 6991 120000 SH CALL SOLE 120000
COCA-COLA COMPANY COM 191216100 8738 150000 SH PUT SOLE 150000
COMCAST CORP-SPECIAL CL A COM 200300200 2528 50000 SH CALL SOLE 50000
COMCAST CORP-SPECIAL CL A COM 200300200 1517 30000 SH PUT SOLE 30000
COMSAT CORP COM 20564D107 298 15000 SH SOLE 15000
CORDANT TECHNOLOGIES INC COM 218412104 548 16600 SH SOLE 16600
DAIMLERCHRYSLER AG COM D1668R123 2340 30000 SH CALL SOLE 30000
DELL COMPUTER CORP COM 247025109 6630 130000 SH CALL SOLE 130000
DELL COMPUTER CORP COM 247025109 6630 130000 SH PUT SOLE 130000
DELTA & PINE LAND CO COM 247357106 897 51600 SH SOLE 51600
DII GROUP INC COM 232949107 2094 29500 SH SOLE 29500
DOLLAR TREE STORES INC COM 256747106 969 20000 SH CALL SOLE 20000
DOLLAR TREE STORES INC COM 256747106 969 20000 SH PUT SOLE 20000
DU PONT (E.I.) DE NEMOURS COM 263534109 580 8800 SH SOLE 8800
DU PONT (E.I.) DE NEMOURS COM 263534109 4051 61500 SH CALL SOLE 61500
DU PONT (E.I.) DE NEMOURS COM 263534109 7575 115000 SH PUT SOLE 115000
EASTMAN KODAK CO COM 277461109 1822 27500 SH SOLE 27500
EASTMAN KODAK CO COM 277461109 1325 20000 SH CALL SOLE 20000
EASTMAN KODAK CO COM 277461109 4638 70000 SH PUT SOLE 70000
EBAY INC COM 278642103 1252 10000 SH CALL SOLE 10000
EXXON MOBIL CORPORATION COM 30231G102 4431 55000 SH CALL SOLE 55000
EXXON MOBIL CORPORATION COM 30231G102 10071 125000 SH PUT SOLE 125000
FANNIE MAE COM 313586109 980 15700 SH SOLE 15700
FANNIE MAE COM 313586109 1249 20000 SH PUT SOLE 20000
FLEET BOSTON FINANCIAL CORP COM 339030108 2002 57500 SH SOLE 57500
FLEET BOSTON FINANCIAL CORP COM 339030108 2611 75000 SH CALL SOLE 75000
FLEET BOSTON FINANCIAL CORP COM 339030108 3917 112500 SH PUT SOLE 112500
FLOWERS INDUSTRIES INC COM 343496105 282 17700 SH SOLE 17700
FLYCAST COMMUNICATIONS CORP COM 344067103 2014 15500 SH SOLE 15500
FORD MOTOR COMPANY COM 345370100 490 9200 SH SOLE 9200
FORD MOTOR COMPANY COM 345370100 1706 32000 SH CALL SOLE 32000
FORD MOTOR COMPANY COM 345370100 5331 100000 SH PUT SOLE 100000
FOX ENTERTAINMENT GRP INC-A COM 35138T107 469 18800 SH SOLE 18800
FREDDIE MAC COM 313400301 1214 25800 SH SOLE 25800
FREDDIE MAC COM 313400301 3295 70000 SH CALL SOLE 70000
FREDDIE MAC COM 313400301 3766 80000 SH PUT SOLE 80000
GENERAL ELECTRIC CO. COM 369604103 5416 35000 SH CALL SOLE 35000
GENERAL ELECTRIC CO. COM 369604103 11606 75000 SH PUT SOLE 75000
GENERAL INSTRUMENT CORP COM 370120107 2975 35000 SH SOLE 35000
GENERAL MOTORS CORP COM 370442105 2181 30000 SH CALL SOLE 30000
GENERAL MOTORS CORP COM 370442105 2181 30000 SH PUT SOLE 30000
GENESYS TELECOMM LABS INC COM 371931106 1620 30000 SH SOLE 30000
GEORGIA-PAC (GEORGIA-PAC GP)COM 373298108 1015 20000 SH CALL SOLE 20000
GEORGIA-PAC (GEORGIA-PAC GP)COM 373298108 508 10000 SH PUT SOLE 10000
GILLETTE COMPANY COM 375766102 2472 60000 SH CALL SOLE 60000
GILLETTE COMPANY COM 375766102 2472 60000 SH PUT SOLE 60000
GTE CORP COM 362320103 1404 19900 SH SOLE 19900
GTE CORP COM 362320103 5892 83500 SH CALL SOLE 83500
GTE CORP COM 362320103 4904 69500 SH PUT SOLE 69500
HANNAFORD BROS CO COM 410550107 2426 35000 SH SOLE 35000
HEWLETT-PACKARD CO. COM 428236103 1138 10000 SH CALL SOLE 10000
HEWLETT-PACKARD CO. COM 428236103 1706 15000 SH PUT SOLE 15000
INFINITY BROADCASTING CORP-ACOM 45662S102 832 23000 SH SOLE 23000
INTEL CORP COM 458140100 458 5566 SH SOLE 5566
INTEL CORP COM 458140100 9878 120000 SH CALL SOLE 120000
INTEL CORP COM 458140100 10701 130000 SH PUT SOLE 130000
INTERMEDIA COMMUNICATIONS COM 458801107 1553 40000 SH SOLE 40000
INTL BUSINESS MACHINES CORP COM 459200101 1197 11100 SH SOLE 11100
INTL BUSINESS MACHINES CORP COM 459200101 2158 20000 SH CALL SOLE 20000
INTL BUSINESS MACHINES CORP COM 459200101 2158 20000 SH PUT SOLE 20000
JDS UNIPHASE CORP COM 46612J101 3226 20000 SH CALL SOLE 20000
JOHNSON & JOHNSON COM 478160104 4476 48000 SH CALL SOLE 48000
JOHNSON & JOHNSON COM 478160104 2798 30000 SH PUT SOLE 30000
LENNAR CORP COM 526057104 244 15000 SH PUT SOLE 15000
LENNAR CORP NT CV 526057AA2 789 2000000 PRN SOLE 2000000
LIMITED INC COM 532716107 1226 28300 SH SOLE 28300
LUCENT TECHNOLOGIES INC COM 549463107 4875 65000 SH CALL SOLE 65000
LUCENT TECHNOLOGIES INC COM 549463107 13500 180000 SH PUT SOLE 180000
MCDONALD'S CORPORATION COM 580135101 1338 33200 SH SOLE 33200
MCDONALD'S CORPORATION COM 580135101 2016 50000 SH CALL SOLE 50000
MCDONALD'S CORPORATION COM 580135101 4333 107500 SH PUT SOLE 107500
MCI WORLDCOM INC COM 55268B106 1592 30000 SH CALL SOLE 30000
MCI WORLDCOM INC COM 55268B106 3184 60000 SH PUT SOLE 60000
MEDIAONE GROUP INC COM 58440J104 4793 62400 SH SOLE 62400
MEDIMMUNE INC COM 584699102 3318 20000 SH CALL SOLE 20000
MEDIMMUNE INC COM 584699102 3318 20000 SH PUT SOLE 20000
MERCK & CO., INC. COM 589331107 1606 23900 SH SOLE 23900
MERCK & CO., INC. COM 589331107 5376 80000 SH CALL SOLE 80000
MERCK & CO., INC. COM 589331107 8735 130000 SH PUT SOLE 130000
MERRILL LYNCH & CO COM 590188108 2641 31700 SH SOLE 31700
MERRILL LYNCH & CO COM 590188108 8332 100000 SH PUT SOLE 100000
MICROSOFT CORP COM 594918104 8173 70000 SH CALL SOLE 70000
MICROSOFT CORP COM 594918104 18682 160000 SH PUT SOLE 160000
MINNESOTA MINING & MFG CO COM 604059105 2936 30000 SH CALL SOLE 30000
MINNESOTA MINING & MFG CO COM 604059105 3132 32000 SH PUT SOLE 32000
MOLEX INC -CL A COM 608554200 2127 47000 SH SOLE 47000
MONSANTO CO COM 611662107 1772 50000 SH CALL SOLE 50000
MONSANTO CO PFD CV 611662305 2229 67300 SH SOLE 67300
MORGAN ST DEAN WITTER & CO COM 617446448 1071 15000 SH CALL SOLE 15000
MORGAN ST DEAN WITTER & CO COM 617446448 4640 65000 SH PUT SOLE 65000
MOTOROLA INC COM 620076109 4418 30000 SH CALL SOLE 30000
MOTOROLA INC COM 620076109 13990 95000 SH PUT SOLE 95000
NABISCO GROUP HOLDINGS COM 62952P102 537 50500 SH SOLE 50500
NASDAQ-100 SHARES COM 631100104 22844 125000 SH SOLE 125000
NASDAQ-100 SHARES COM 631100104 7310 40000 SH PUT SOLE 40000
NEXTEL COMMUNICATIONS INC-A COM 65332V103 5157 50000 SH CALL SOLE 50000
NEXTEL COMMUNICATIONS INC-A COM 65332V103 6189 60000 SH PUT SOLE 60000
NIKE INC -CL B COM 654106103 1675 33800 SH SOLE 33800
NIKE INC -CL B COM 654106103 4709 95000 SH PUT SOLE 95000
NORTEL NETWORKS CORP COM 656569100 2525 25000 SH CALL SOLE 25000
NORTEL NETWORKS CORP COM 656569100 2525 25000 SH PUT SOLE 25000
NORTH AMERICAN VACCINE INC COM 657201109 208 46300 SH SOLE 46300
OAK INDUSTRIES INC. COM 671400505 1061 10000 SH SOLE 10000
OPTICAL COATING LABORATORY COM 683829105 8614 29100 SH SOLE 29100
OPTICAL COATING LABORATORY COM 683829105 2960 10000 SH PUT SOLE 10000
PEPSICO INC COM 713448108 610 17300 SH SOLE 17300
PEPSICO INC COM 713448108 2644 75000 SH CALL SOLE 75000
PEPSICO INC COM 713448108 5112 145000 SH PUT SOLE 145000
PFIZER INC COM 717081103 1940 59800 SH SOLE 59800
PFIZER INC COM 717081103 1298 40000 SH CALL SOLE 40000
PFIZER INC COM 717081103 3569 110000 SH PUT SOLE 110000
PIERCE LEAHY CORP COM 720722107 1050 26700 SH SOLE 26700
PLACER DOME INC COM 725906101 444 41300 SH SOLE 41300
PLACER DOME INC COM 725906101 538 50000 SH CALL SOLE 50000
PLACER DOME INC COM 725906101 538 50000 SH PUT SOLE 50000
PROCTER & GAMBLE CO COM 742718109 8217 75000 SH CALL SOLE 75000
PROCTER & GAMBLE CO COM 742718109 6026 55000 SH PUT SOLE 55000
RAYTHEON CO-CLASS A COM 755111309 583 23500 SH SOLE 23500
REPUBLIC NEW YORK CORP COM 760719104 7488 104000 SH SOLE 104000
REPUBLIC NEW YORK CORP COM 760719104 1656 23000 SH PUT SOLE 23000
RITE AID CORP COM 767754104 334 30000 SH CALL SOLE 30000
ROYAL DUTCH PETRO-NY SHARES COM 780257804 1351 22300 SH SOLE 22300
ROYAL DUTCH PETRO-NY SHARES COM 780257804 1817 30000 SH CALL SOLE 30000
ROYAL DUTCH PETRO-NY SHARES COM 780257804 5269 87000 SH PUT SOLE 87000
SAFEGUARD SCIENTIFICS INC COM 786449108 815 5000 SH PUT SOLE 5000
SBC COMMUNICATIONS INC COM 78387G103 698 14321 SH SOLE 14321
SBC COMMUNICATIONS INC COM 78387G103 3413 70000 SH PUT SOLE 70000
SCHLUMBERGER LTD COM 806857108 1123 20000 SH CALL SOLE 20000
SCHWAB (CHARLES) CORP COM 808513105 161 4200 SH SOLE 4200
SCHWAB (CHARLES) CORP COM 808513105 574 15000 SH CALL SOLE 15000
SCHWAB (CHARLES) CORP COM 808513105 1913 50000 SH PUT SOLE 50000
SOLECTRON CORP COM 834182107 1903 20000 SH CALL SOLE 20000
SOLECTRON CORP COM 834182107 3805 40000 SH PUT SOLE 40000
SOUTHWEST GAS CORP COM 844895102 460 20000 SH SOLE 20000
SPRINT CORP (FON GROUP) COM 852061100 1440 21400 SH SOLE 21400
SUN MICROSYSTEMS INC COM 866810104 4647 60000 SH CALL SOLE 60000
SUN MICROSYSTEMS INC COM 866810104 6196 80000 SH PUT SOLE 80000
TELEBANC FINANCIAL CORP COM 87925R109 1121 43100 SH SOLE 43100
TELEBRAS-SPONS ADR PFD BLOCKCOM 879287308 3863 30000 SH CALL SOLE 30000
TELEFONOS DE MEXICO-SP ADR LNT CV 879403AD5 1305 1000000 PRN SOLE 1000000
TELEPHONE AND DATA SYSTEMS COM 879433100 4032 32000 SH SOLE 32000
TELLABS INC COM 879664100 160 2500 SH SOLE 2500
TELLABS INC COM 879664100 642 10000 SH CALL SOLE 10000
TELLABS INC COM 879664100 4494 70000 SH PUT SOLE 70000
TELTREND INC COM 87969R106 254 8400 SH SOLE 8400
TEXAS INSTRUMENTS INC COM 882508104 155 1600 SH SOLE 1600
TEXAS INSTRUMENTS INC COM 882508104 2416 25000 SH CALL SOLE 25000
TEXAS INSTRUMENTS INC COM 882508104 2416 25000 SH PUT SOLE 25000
TIME WARNER INC COM 887315109 5206 72000 SH CALL SOLE 72000
TIME WARNER INC COM 887315109 9219 127500 SH PUT SOLE 127500
TV GUIDE INC - CL A COM 87307Q109 2073 48200 SH SOLE 48200
TV GUIDE INC - CL A COM 87307Q109 1290 30000 SH CALL SOLE 30000
UNION CARBIDE CORP COM 905581104 1121 16800 SH SOLE 16800
UNION CARBIDE CORP COM 905581104 1669 25000 SH PUT SOLE 25000
UNION PACIFIC CORP COM 907818108 1179 27000 SH PUT SOLE 27000
US WEST INC COM 91273H101 4565 63400 SH SOLE 63400
US WEST INC COM 91273H101 1800 25000 SH CALL SOLE 25000
VISIO CORP COM 927914101 2021 42550 SH SOLE 42550
VISIO CORP COM 927914101 1188 25000 SH CALL SOLE 25000
WALGREEN CO COM 931422109 433 14800 SH SOLE 14800
WALGREEN CO COM 931422109 1463 50000 SH CALL SOLE 50000
WALGREEN CO COM 931422109 2633 90000 SH PUT SOLE 90000
WAL-MART STORES INC COM 931142103 4148 60000 SH CALL SOLE 60000
WAL-MART STORES INC COM 931142103 11060 160000 SH PUT SOLE 160000
WARNER-LAMBERT CO COM 934488107 4916 60000 SH CALL SOLE 60000
WARNER-LAMBERT CO COM 934488107 8604 105000 SH PUT SOLE 105000
WELLS FARGO COMPANY COM 949746101 1537 38000 SH SOLE 38000
WELLS FARGO COMPANY COM 949746101 2729 67500 SH CALL SOLE 67500
WELLS FARGO COMPANY COM 949746101 4266 105500 SH PUT SOLE 105500
WHOLE FOODS MARKET INC COM 966837106 302 6500 SH PUT SOLE 6500
WHOLE FOODS MARKET INC NT CV 966837AC0 2439 6638000 PRN SOLE 6638000
WILLIAMS COMMUNICATIONS GRP COM 969455104 289 10000 SH CALL SOLE 10000
WILLIAMS COS INC COM 969457100 327 10700 SH SOLE 10700
WINSTAR COMMUNICATIONS INC COM 975515107 105 1400 SH SOLE 1400
WINSTAR COMMUNICATIONS INC COM 975515107 2258 30000 SH CALL SOLE 30000
WINSTAR COMMUNICATIONS INC COM 975515107 4139 55000 SH PUT SOLE 55000
YAHOO! INC COM 984332106 649 1500 SH SOLE 1500
YAHOO! INC COM 984332106 8654 20000 SH PUT SOLE 20000
</TABLE>
