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, 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: Titan Capital Management, LLC
Address: 600 Third Avenue, 17th Floor
New York, New York 10016
Form 13F File Number: 28-5265
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: Walter M. Schenker
Title: Principal
Phone: (212) 984-6228
Signature, Place, and Date of Signing:
/s/ Walter M. Schenker New York, New York 11/13/00
__________________ _______________ ______________
[Signature] [City, State] [Date]
<PAGE>
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 her if no holdings reported are in
this report, and all holdings are reported by other
reporting manger(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).)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name
28-
[Repeat as necessary.]
2
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers:
Form 13F Information Table Entry Total: 86
Form 13F Information Table Value Total: 116,807
[thousands]
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file
number(s) of all institutional investment managers with respect
to which this report is filed, other than the manager filing this
report.
[If there are no entries in this list, state "NONE" and omit the
column headings and list entries.]
No. Form 13F File Number Name None
28-
[Repeat as necessary.]
3
<PAGE>
<TABLE>
<CAPTION>
VOTING DISCRETION
OTHER
NAME OF ISSUER TITLE OF CUSIP MARKET SHARES SH/PRN PUT INVESTMENT MANAGERS SOLE SHARED NONE
CLASS VALUE PRN AMT /CALL DISCRETION
*1000
-------------- -------- ------- ------ -------- ------- ------ ---------- -------- ---- ----- ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ACCLAIM ENTERTAIN-
MENT INC NEW COMMON STOCK 004325205 26 15000 SH SOLE 15000
ADAC LABORATORIES NEW COMMON STOCK 005313200 239 11500 SH SOLE 11500
AMERICAN TOWER CORP COMMON STOCK 029912201 4703 124800 SH SOLE 7500 117300
AMERICAN TOWER CORP COMMON STOCK 029912201 1263 33500 SH DEFINED 33500
BRISTOL MYERS SQUIBB
CO COMMON STOCK 110122108 3433 59700 SH SOLE 59700
BRISTOL MYERS SQUIBB
CO COMMON STOCK 110122108 983 17100 SH DEFINED 17100
CABOT CORP COMMON STOCK 127055101 301 9500 SH SOLE 9500
CENTRAL EUROPEAN
DISTR CORP COMMON STOCK 153435102 132 35100 SH SOLE 2500 32600
CENTRAL EUROPEAN
DISTR CORP COMMON STOCK 153435102 53 14200 SH DEFINED 14200
DATATEC SYSTEMS INC COMMON STOCK 238128102 84 19000 SH SOLE 19000
DELTA WOODSIDE
INDUST.INC NEW COMMON STOCK 247909104 19 16900 SH SOLE 16900
DIME BANCORP INC NEW COMMON STOCK 25429Q102 3409 153200 SH SOLE 153200
DIME BANCORP INC NEW COMMON STOCK 25429Q102 992 44600 SH DEFINED 44600
DISC GRAPHICS INC COMMON STOCK 254590102 45 20000 SH DEFINED 20000
DUN & BRADSTREET CORP
DEL COMMON STOCK 26483B106 1858 53942 SH SOLE 53942
DUN & BRADSTREET CORP
DEL COMMON STOCK 26483B106 591 17158 SH DEFINED 17158
ENTERTAINMENT
PROPERTIES TRUST COMMON STOCK 29380T105 1802 169596 SH SOLE 3000 166596
ENTERTAINMENT
PROPERTIES TRUST COMMON STOCK 29380T105 523 49204 SH DEFINED 49204
FLANDERS CORP COMMON STOCK 338494107 319 139900 SH SOLE 139900
FLANDERS CORP COMMON STOCK 338494107 23 10000 SH DEFINED 10000
FLOWERS INDUSTRIES
INC COMMON STOCK 343496105 3454 172700 SH SOLE 7500 165200
FLOWERS INDUSTRIES
INC COMMON STOCK 343496105 844 42200 SH DEFINED 42200
GRANITE BROADCASTING
CORP COMMON STOCK 387241102 69 15000 SH SOLE 15000
HECLA MINING CO-W/RTS COMMON STOCK 422704106 38 50000 SH SOLE 50000
4
<PAGE>
HOLLINGER
INTERNATIONAL INC COMMON STOCK 435569108 2457 146700 SH SOLE 10000 136700
HOLLINGER
INTERNATIONAL INC COMMON STOCK 435569108 650 38800 SH DEFINED 38800
***INDEPENDENT ENERGY
HLDGS COMMON STOCK 45384X108 79 10500 SH SOLE 10500
INTERNET COMMERCE
CORP-CL A COMMON STOCK 46059F109 186 17900 SH SOLE 17900
KANSAS CITY SOUTHN
INDS INC COMMON STOCK 485170302 87 10000 SH SOLE 10000
LASER MORTGAGE
MANAGEMENT INC COMMON STOCK 51806D100 127 42400 SH SOLE 42400
LEAP WIRELESS
INTERNATIONAL COMMON STOCK 521863100 1836 29350 SH SOLE 4800 24550
LEAP WIRELESS
INTERNATIONAL COMMON STOCK 521863100 432 6900 SH DEFINED 6900
MBIA INC COMMON STOCK 55262C100 8186 115100 SH SOLE 4500 110600
MBIA INC COMMON STOCK 55262C100 2219 31200 SH DEFINED 31200
MSC INDUSTRIAL
DIRECT CO INC COMMON STOCK 553530106 191 12500 SH SOLE 12500
MARTIN MARIETTA
MATERIALS INC COMMON STOCK 573284106 4792 125176 SH SOLE 4500 120676
MARTIN MARIETTA
MATERIALS INC COMMON STOCK 573284106 1333 34824 SH DEFINED 34824
MCLEOD INC-CL A COMMON STOCK 582266102 3627 253400 SH SOLE 19500 233900
MCLEOD INC-CL A COMMON STOCK 582266102 955 66700 SH DEFINED 66700
METROMEDIA
INTERNATIONAL GROUP COMMON STOCK 591695101 202 54000 SH SOLE 54000
METROMEDIA CONVERTIBLE
INTERNATIONAL GROUPP PREFERRED 591695200 1048 46072 SH SOLE 11700 34372
METROMEDIA CONVERTIBLE
INTERNATIONAL GROUP PREFERRED 591695200 201 8828 SH DEFINED 8828
NTL INC COMMON STOCK 629407107 4416 95352 SH SOLE 5087 90265.003
NTL INC COMMON STOCK 629407107 1206 26040 SH DEFINED 26040.026
NOBLE DRILLING CORP COMMON STOCK 655042109 3119 61766 SH SOLE 61766
NOBLE DRILLING CORP COMMON STOCK 655042109 850 16834 SH DEFINED 16834
OPTA FOOD INGREDIENTS
INC COMMON STOCK 68381N105 32 15000 SH SOLE 15000
PENTAIR INC COMMON STOCK 709631105 3162 118200 SH SOLE 4000 114200
PENTAIR INC COMMON STOCK 709631105 859 32100 SH DEFINED 32100
PITNEY BOWES INC COMMON STOCK 724479100 2098 53200 SH SOLE 3500 49700
PITNEY BOWES INC COMMON STOCK 724479100 536 13600 SH DEFINED 13600
***PRECISION DRILLING FOREIGN
CORP COMMON STOCK 74022D100 5885 165200 SH SOLE 13500 151700
***PRECISION DRILLING FOREIGN
CORP COMMON STOCK 74022D100 1607 45100 SH DEFINED 45100
RADYNE CORP NEW COMMON STOCK 750611402 156 20000 SH SOLE 20000
ROSS STORES INC COMMON STOCK 778296103 3337 232156 SH SOLE 11000 221156
5
<PAGE>
ROSS STORES INC COMMON STOCK 778296103 1046 72744 SH DEFINED 72744
ROWAN COMPANIES
INC W/RTS COMMON STOCK 779382100 290 10000 SH SOLE 10000
SECTOR SPDR TRUST COMMON STOCK 81369Y803 5519 119000 SH SOLE 119000
SECTOR SPDR TRUST COMMON STOCK 81369Y803 1577 34000 SH DEFINED 34000
SIMULA INC CONVERTIBLE
BONDS 829206AB7 473 1279000 PRN SOLE 155000 1124000
SIMULA INC CONVERTIBLE
BONDS 829206AB7 318 860000 PRN DEFINED 860000
SOMANETICS CORP NEW COMMON STOCK 834445405 28 10000 SH SOLE 10000
SONIC FOUNDRY INC COMMON STOCK 83545R108 427 48100 SH SOLE 8100 40000
SONIC FOUNDRY INC COMMON STOCK 83545R108 121 13600 SH DEFINED 13600
STANDARD MOTOR CONVERTIBLE
PRODUCTS INC BONDS 853666AB1 467 906000 PRN SOLE 65000 841000
SUIZA FOODS CORP COMMON STOCK 865077101 3743 73300 SH SOLE 73300
SUIZA FOODS CORP COMMON STOCK 865077101 955 18700 SH DEFINED 18700
TELESPECTRUM
WORLDWIDE INC COMMON STOCK 87951U109 8 12500 SH SOLE 12500
***TRANSPORTACION
MARITIMA COMMON STOCK 893868208 549 65100 SH SOLE 65100
TRIMEDYNE INC COMMON STOCK 896259108 19 10000 SH SOLE 10000
TRUE NORTH
COMMUNICATIONS INC COMMON STOCK 897844106 2006 56200 SH SOLE 56200
TRUE NORTH
COMMUNICATIONS INC COMMON STOCK 897844106 507 14200 SH DEFINED 14200
UNIVERSAL FOODS CORP COMMON STOCK 913538104 2590 127100 SH SOLE 127100
UNIVERSAL FOODS CORP COMMON STOCK 913538104 711 34900 SH DEFINED 34900
VALASSIS
COMMUNICATIONS INC COMMON STOCK 918866104 2292 103000 SH SOLE 4000 99000
VALASSIS
COMMUNICATIONS INC COMMON STOCK 918866104 623 28000 SH DEFINED 28000
WEIRTON STEEL CORP COMMON STOCK 948774104 36 14500 SH SOLE 14500
WILLIAMS COMPANIES
INC COMMON STOCK 969457100 2201 52100 SH SOLE 52100
WILLIAMS COMPANIES
INC COMMON STOCK 969457100 638 15100 SH DEFINED 15100
***LORAL SPACE & COMMON STOCK G56462107 876 143100 SH SOLE 19500 123600
***LORAL SPACE & COMMON STOCK G56462107 262 42800 SH DEFINED 42800
***SBS BROADCASTING FOREIGN
SA COMMON STOCK L8137F102 5238 131571 SH SOLE 7600 123971
***SBS BROADCASTING FOREIGN
SA COMMON STOCK L8137F102 1434 36025 SH DEFINED 36025
CEPHALON INC PUT 156708109 364 7500 SH PUT SOLE 7500
CYTYC CORP PUT 232946103 216 5000 SH PUT SOLE 5000
MYLAN LABORATORIES
INC PUT 628530107 202 7500 SH PUT SOLE 7500
6
<PAGE>
116807 No. of Other Managers 0
</TABLE>
7
02787001.AA3
