UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 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: Levensohn Capital Management, LLC
Address: 333 Bush Street, Suite 2580
San Francisco, CA 94104
Form 13F File Number: 28-____________
The institutional investment manager filing this report and the person by
whom it is signed hereby represent 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: Pascal N. Levensohn
Title: President
Phone: 415-217-4717
Signature, Place and Date of Signing:
\s\ Pascal N. Levensohn San Francisco, CA 2/11/00
Pascal N. Levensohn [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).)
List of Other Managers Reporting for this Manager:
None
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: _________0__
Form 13F Information Table Entry Total: ________50__
Form 13F Information Table Value Total: ___317,986__
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.
None
<Page
<TABLE>
NAME OF ISSUER TITLE OF CUSIP VALUE SHARES INV. OTHER AUTH
CLASS X1000 DISC MGR SOLE SHR NONE
<C> <C>
ADVANCED FIBRE COMMUNICATIONS COMMON STOCK 00754A105 5027 112500 SH SOLE 112500
ADVANCED FIBRE COMMUNICATIONS OPTIONS - PUTS 00754AEME 1340 30000 SH PUT SOLE 30000
ADVANCED FIBRE COMMUNICATIONS OPTIONS - PUTS 00754AEMG 893 20000 SH PUT SOLE 20000
ADVANCED FIBRE COMMUNICATIONS OPTIONS - PUTS 00754AEMY 893 20000 SH PUT SOLE 20000
ADVANCED FIBRE COMMUNICATIONS OPTIONS - PUTS 00754AENH 446 10000 SH PUT SOLE 10000
AVANT CORP COM COMMON STOCK 053487104 1065 71050 SH SOLE 71050
AXENT TECHNOLOGIES INC COMMON STOCK 05459C108 2323 110650 SH SOLE 110650
CADENCE DESIGN SYSTEMS INC COMMON STOCK 127387108 1769 73725 SH SOLE 73725
CADENCE DESIGN SYSTEMS INC OPTIONS - PUTS 1273870NW 960 40000 SH PUT SOLE 40000
CATALYTICA INC COM COMMON STOCK 148885106 1118 82500 SH SOLE 82500
COMMERCE ONE INC. COMMON STOCK 200693109 211849 1078112 SH SOLE 1078112
CONEXANT SYSTEMS INC COM STK COMMON STOCK 207142100 4898 73800 SH SOLE 73800
CONEXANT SYSTEMS INC COM STK OPTIONS - PUTS 2071420MJ 995 15000 SH PUT SOLE 15000
CONEXANT SYSTEMS INC COM STK OPTIONS - PUTS 2071420MK 1991 30000 SH PUT SOLE 30000
CONEXANT SYSTEMS INC COM STK OPTIONS - PUTS 2071420ML 663 10000 SH PUT SOLE 10000
ENTRUST TECHNOLOGIES INC COMMON STOCK 293848107 1947 32500 SH SOLE 32500
ENTRUST TECHNOLOGIES INC OPTIONS - PUTS 2938480MH 599 10000 SH PUT SOLE 10000
ENTRUST TECHNOLOGIES INC OPTIONS - PUTS 2938480MI 599 10000 SH PUT SOLE 10000
HEALTHEON / WEBMD CORPORATION COMMON STOCK 422209106 2887 77000 SH SOLE 77000
I 2 TECHNOLOGIES INC COM COMMON STOCK 465754109 10315 52900 SH SOLE 52900
I 2 TECHNOLOGIES INC COM OPTIONS - PUTS 4657540MA 1950 10000 SH PUT SOLE 10000
I 2 TECHNOLOGIES INC COM OPTIONS - PUTS 4657540MD 2145 11000 SH PUT SOLE 11000
I 2 TECHNOLOGIES INC COM OPTIONS - PUTS 4657540MQ 3900 20000 SH PUT SOLE 20000
I 2 TECHNOLOGIES INC COM OPTIONS - PUTS 4657540MR 1950 10000 SH PUT SOLE 10000
INTERWOVEN INC COM STK COMMON STOCK 46114T102 7406 60893 SH SOLE 2000
ISS GROUP INC COM COMMON STOCK 450306105 1450 20400 SH SOLE 20400
ISS GROUP INC COM OPTIONS - PUTS 4503060NJ 1066 15000 SH PUT SOLE 15000
J.D. EDWARDS & CO COM STK COMMON STOCK 281667105 1578 52850 SH SOLE 52850
KLA-TENCOR CORP COM COMMON STOCK 482480100 2806 25200 SH SOLE 25200
KLA-TENCOR CORP COM OPTIONS - PUTS 4824800MP 1336 12000 SH PUT SOLE 12000
LEGATO SYS INC COM COMMON STOCK 524651106 2533 36824 SH SOLE 36824
LEGATO SYS INC COM OPTIONS - PUTS 5246510ML 1513 22000 SH PUT SOLE 22000
LEGATO SYS INC COM OPTIONS - PUTS 5246510MM 688 10000 SH PUT SOLE 10000
LEGATO SYS INC COM OPTIONS - PUTS 5246510MN 344 5000 SH PUT SOLE 5000
NOVELLUS SYSTEMS INC COM COMMON STOCK 670008101 3982 32500 SH SOLE 32500
NOVELLUS SYSTEMS INC COM OPTIONS - PUTS 6700080MR 1225 10000 SH PUT SOLE 10000
NOVELLUS SYSTEMS INC COM OPTIONS - PUTS 6700080MS 1225 10000 SH PUT SOLE 10000
NOVELLUS SYSTEMS INC COM OPTIONS - PUTS 6700080MT 1225 10000 SH PUT SOLE 10000
NOVOSTE CORP COM COMMON STOCK 67010C100 1377 83500 SH SOLE 83500
PRI AUTOMATION INC COM COMMON STOCK 69357H106 4067 60600 SH SOLE 60600
PRI AUTOMATION INC COM OPTIONS - PUTS 69357H0MI 1409 21000 SH PUT SOLE 21000
PRI AUTOMATION INC COM OPTIONS - PUTS 69357H0NJ 1342 20000 SH PUT SOLE 20000
RSA SECURITY INC COM STK COMMON STOCK 749719100 8680 112000 SH SOLE 112000
RSA SECURITY INC COM STK OPTIONS - PUTS 7497190MG 1550 20000 SH PUT SOLE 20000
RSA SECURITY INC COM STK OPTIONS - PUTS 7497190MH 775 10000 SH PUT SOLE 10000
RSA SECURITY INC COM STK OPTIONS - PUTS 7497190MI 775 10000 SH PUT SOLE 10000
RSA SECURITY INC COM STK OPTIONS - PUTS 7497190NJ 1550 20000 SH PUT SOLE 20000
RSA SECURITY INC COM STK OPTIONS - PUTS 7497190NK 775 10000 SH PUT SOLE 10000
RSA SECURITY INC COM STK OPTIONS - PUTS 7497190NL 1550 20000 SH PUT SOLE 20000
SYNOPSYS COM COMMON STOCK 871607107 3237 48500 SH SOLE 48500
</TABLE>
ETR\5310\003\1086323
