<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 2000
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: ECT INVESTMENTS, INC.
Address: P.O. BOX 1792
HOUSTON, TX 77251
13F File Number: 28-05377
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 P. KINNEMAN
Title: PRESIDENT
Phone: 713-853-5398
Signature, Place, and Date of Signing:
/s/ JEFFREY P. KINNEMAN HOUSTON, TEXAS
- ----------------------- ----------------------- ---------------------
[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> 2
- 2 -
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 57
Form 13F Information Table Value Total: $137929
(thousands)
<PAGE> 3
- 3 -
FORM 13F INFORMATION TABLE
<TABLE>
<CAPTION>
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
- ----------------------------------------------------------------------------------------------------------------------------------
TITLE VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER OF CLASS CUSIP (x$1000) PRN AMT RN CALL DISCRETION MANAGERS SOLE SHARED NONE
==================================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ADELPHIA BUSINESS SOLUTIONS CL A 006847107 3081 50000 SH SOLE 01 50000 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
APACHE CORP COM 037411105 1741 35000 SH CALL SOLE 01 35000 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
ATLANTIC RICHFIELD CO COM 048825103 1700 20000 SH CALL SOLE 01 20000 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
ASHLAND INC. COM 044204105 4984 149900 SH SOLE 01 149900 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
AT&T CORP COM 001957109 281 5000 SH SOLE 01 5000 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
BCE INC COM 05534B109 2274 18200 SH SOLE 01 18200 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
CALPINE CORP COM 131347106 1729 18400 SH SOLE 01 18400 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
CE FRANKLIN LTD COM 125151100 145 20000 SH SOLE 01 20000 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
CHESAPEAKE ENERGY CORP COM 165167107 85 26200 SH SOLE 01 26200 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
CISCO SYS INC COM 17275R102 1546 20000 SH SOLE 01 20000 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
COASTAL CORP COM 190441105 2944 64000 SH SOLE 01 64000 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
DIGITAL IS INC DEL COM 25385N101 396 6500 SH SOLE 01 6500 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
DIGITAL IS INC DEL COM 25385N101 609 10000 SH CALL SOLE 01 10000 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
DUKE ENERGY CORP COM 264399106 2100 40000 SH SOLE 01 40000 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
EASTERN ENTERPRISES COM 27637F100 353 5900 SH SOLE 01 5900 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
EDISON INTL COM 281020107 795 48000 SH SOLE 01 48000 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
ENCAL ENERGY LTD COM 29250D107 515 110000 SH SOLE 01 110000 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
EXODUS COMMUNICATIONS INC COM 302088109 281 2000 SH SOLE 01 2000 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
FPL GROUP INC COM 302571104 2943 63900 SH SOLE 01 63900 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
GLOBAL INDS LTD COM 379336100 6171 422000 SH SOLE 01 422000 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
GLOBALSTAR TELECOMMUNICTNS LTD COM G3930H104 4648 335000 SH PUT SOLE 01 335000 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
HELMERICH & PAYNE INC COM 423452101 2058 66400 SH SOLE 01 66400 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
INTERNET CAP GROUP INC COM 46059C106 541 6000 SH SOLE 01 6000 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
IRI INTL CORP COM 45004F107 239 25400 SH SOLE 01 25400 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
LORAL SPACE & COMMUNICATIONS COM G56462107 1215 120000 SH PUT SOLE 01 120000 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 4
- 4 -
<TABLE>
<CAPTION>
- ----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
LOUIS DREYFUS NAT GAS CORP COM 546011107 680 20000 SH CALL SOLE 01 20000 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
MGC COMMUNICATIONS INC COM 552763302 2860 40000 SH SOLE 01 40000 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
MONTANA POWER CO COM 612085100 5465 85400 SH SOLE 01 85400 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
NABORS INDS INC COM 629568106 3962 102100 SH SOLE 01 102100 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
NABORS INDS INC COM 629568106 1164 30000 SH CALL SOLE 01 30000 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
NEWFIELD FINL TR I QUIPS SER A 651291205 2793 50000 SH SOLE 01 50000 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
NOBLE AFFILIATES INC. COM 654894104 4912 149700 SH SOLE 01 149700 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
NORTEL NETWORKS CORP COM 656569100 2966 23600 SH SOLE 01 23600 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
NSTAR COM 67019E107 445 10600 SH SOLE 01 10600 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
NUEVO FING I TECONS SER A 670511203 1196 46000 SH SOLE 01 46000 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
OCCIDENTAL PET CORP DEL COM 674599105 2201 106100 SH SOLE 01 106100 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
PIONEER NAT RES CO COM 723787107 704 67100 SH SOLE 01 67100 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
SANTA FE INTL CORP ORD G7805C108 1110 30000 SH SOLE 01 30000 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
SOUTHERN CO COM 842587107 1087 50000 SH PUT SOLE 01 50000 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
STONE ENERGY CORP COM 861642106 1723 35000 SH CALL SOLE 01 35000 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
SUNOCO INC COM 86764P109 3126 114200 SH SOLE 01 114200 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
SUNOCO INC COM 86764P109 3696 135000 SH CALL SOLE 01 135000 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
SYCAMORE NETWORKS INC COM 871206108 12190 94500 SH SOLE 01 94500 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
TESORO PETE CORP PIES CV 1/100s 881609408 1246 105000 SH SOLE 01 105000 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
TESORO PETE CORP COM 881609101 1882 163700 SH SOLE 01 163700 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
TOSCO CORP COM NEW 891490302 2450 80000 SH CALL SOLE 01 80000 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
TRANSOCEAN SEDCO FOREX INC ORD G90078109 4264 83100 SH SOLE 01 83100 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
ULTRAMAR DIAMOND SHAMROCK CORP COM 904000106 9848 388100 SH SOLE 01 388100 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
ULTRAMAR DIAMOND SHAMROCK CORP COM 904000106 761 30000 SH CALL SOLE 01 30000 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
UNION PAC RES GROUP INC COM 907834105 8146 561800 SH SOLE 01 561800 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
UNIT CORP COM 909218109 766 69700 SH SOLE 01 69700 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
USX MARATHON GROUP COM NEW 902905827 1420 54500 SH SOLE 01 54500 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
USX MARATHON GROUP COM NEW 902905827 1303 50000 SH CALL SOLE 01 50000 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
VARCO INTL INC COM 922126107 629 49900 SH SOLE 01 49900 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 5
- 5 -
<TABLE>
<CAPTION>
- ----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
VASTAR RES INC COM 922380100 1486 20000 SH CALL SOLE 01 20000 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
WILLIAMS COS INC DEL COM 969457100 7196 163800 SH SOLE 01 163800 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
WILLIAMS COS INC DEL COM 969457100 878 20000 SH CALL SOLE 01 20000 0 0
- ----------------------------------------------------------------------------------------------------------------------------------
REPORT SUMMARY 57 DATA RECORDS 137929
- ----------------------------------------------------------------------------------------------------------------------------------
</TABLE>