UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F-HR
Form 13F COVER PAGE
Report for the Calendar Year of 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: Thales Fund Management, LLC
Address: 140 Broadway, 45th Floor
New York, New York 10005
Form 13F File Number: 28-05553
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: Marek T. Fludzinski
Title: Chairman & President
Phone: (201)653-0110
Signature, Place, and Date of Signing:
/s/ Marek T. Fludzinski New York, New York May 9, 2000
- ----------------------- ------------------ -----------
[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).)
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Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
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Form 13F Information Table Entry Total: 90
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Form 13F Information Table Value Total: $ 375,230
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(thousands)
List of Other Included Managers:
None
<PAGE>
Form 13F INFORMATION TABLE -
Thales Fund Management LLC (quarter ending 3/31/2000)
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ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
VOTING AUTHORITY
TITLE OF VALUE SHRS OR PRN SH/ PUT/ INVESTMENT OTHER
NAME OF ISSUER CLASS CUSIP (x$1000) AMOUNT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
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<S> <C> <C> <C> <C> <C> <C> <C>
ALLTEL CORP COM 020039103 3,323 52,700 SH SOLE 52,700
AMBAC FINL COM 023139108 2,292 45,500 SH SOLE 45,500
AMERICAN EXPRESS CO COM 025816109 6,523 43,800 SH SOLE 43,800
AMERICAN GENERAL CORP COM 026351106 7,061 125,800 SH SOLE 125,800
AMSOUTH BANCORPORATION COM 032165102 2,751 184,200 SH SOLE 184,200
ANHEUSER BUSCH COS INC COM 035229103 3,648 58,600 SH SOLE 58,600
AVERY DENNISON CORP COM 053611109 4,763 78,000 SH SOLE 78,000
AVON PRODS INC COM 054303102 3,557 122,400 SH SOLE 122,400
BAKER HUGHES INC COM 057224107 7,811 258,200 SH SOLE 258,200
BANK NEW YORK INC COM 064057102 11,787 283,600 SH SOLE 283,600
BAXTER INTL INC COM 071813109 6,350 101,300 SH SOLE 101,300
BEAR STEARNS COS INC COM 073902108 3,915 85,800 SH SOLE 85,800
BELLSOUTH CORP COM 079860102 4,051 86,200 SH SOLE 86,200
BOWATER INC COM 102183100 2,733 51,200 SH SOLE 51,200
BP AMOCO P L C COM 055622104 4,160 78,400 SH SOLE 78,400
BRISTOL MYERS SQUIBB CO COM 110122108 5,151 89,200 SH SOLE 89,200
CAMPBELL SOUP CO COM 134429109 3,383 110,000 SH SOLE 110,000
CENTURYTEL INC COM 156700106 238 6,400 SH SOLE 6,400
CHAMPION INTL CORP COM 158525105 115 2,300 SH SOLE 2,300
CHASE MANHATTAN CORP NEW COM 16161A108 10,872 124,700 SH SOLE 124,700
CITIGROUP INC COM 172967101 4,164 70,200 SH SOLE 70,200
CLOROX CO DEL COM 189054109 8,076 248,500 SH SOLE 248,500
COCA COLA ENTERPRISES INC COM 191219104 5,117 237,300 SH SOLE 237,300
COMERICA INC COM 200340107 1,168 27,900 SH SOLE 27,900
CONSECO INC COM 208464107 4,605 402,600 SH SOLE 402,600
COSTCO WHSL CORP NEW COM 22160K105 9,277 176,500 SH SOLE 176,500
DONALDSON LUFKIN &
JENRETTE NW COM 257661108 2,939 56,800 SH SOLE 56,800
EXXON MOBIL CORP COM 30231G102 7,906 101,600 SH SOLE 101,600
FEDERAL NATL MTG ASSN COM 313586109 2,991 53,000 SH SOLE 53,000
FEDERATED DEPT STORES
INC DEL COM 31410H101 426 10,200 SH SOLE 10,200
FORTUNE BRANDS INC COM 349631101 550 22,000 SH SOLE 22,000
FRANKLIN RES INC COM 354613101 171 5,100 SH SOLE 5,100
FEDERAL HOME LN MTG CORP COM 313400301 4,900 110,900 SH SOLE 110,900
GENERAL ELEC CO COM 369604103 1,676 10,800 SH SOLE 10,800
GEORGIA PACIFIC CORP COM GA PAC GRP 373298108 91 2,300 SH SOLE 2,300
GLOBAL MARINE INC COM 379352404 6,965 274,500 SH SOLE 274,500
GOLDEN WEST FINL CORP DEL COM 381317106 2,564 82,200 SH SOLE 82,200
GPU INC COM 36225X100 3,700 35,200 SH SOLE 35,200
HEINZ H J CO COM 423074103 1,789 51,300 SH SOLE 51,300
HALLIBURTON CO COM 406216101 3,682 89,800 SH SOLE 89,800
HOME DEPOT INC COM 437076102 426 6,600 SH SOLE 6,600
ILLINOIS TOOL WKS INC COM 452308109 409 7,400 SH SOLE 7,400
INTL PAPER CO COM 460146103 5,194 121,500 SH SOLE 121,500
JOHNSON & JOHNSON COM 478160104 10,152 144,900 SH SOLE 144,900
KERR MCGEE CORP COM 492386107 5,532 95,800 SH SOLE 95,800
KEYCORP NEW COM 493267108 86 4,500 SH SOLE 4,500
KNIGHT RIDDER INC COM 499040103 2,297 45,100 SH SOLE 45,100
LINCOLN NATL CORP IND COM 534187109 7 200 SH SOLE 200
LOEWS CORP COM 540424108 650 13,000 SH SOLE 13,000
MAY DEPT STORES CO COM 577778103 4,891 171,600 SH SOLE 171,600
MEAD CORP COM 582834107 842 24,100 SH SOLE 24,100
MELLON FINL CORP COM 58551A108 9,785 331,700 SH SOLE 331,700
MERRILL LYNCH & CO INC. COM 590188108 8,075 76,900 SH SOLE 76,900
MGIC INVT CORP WIS COM 552848103 6,347 145,500 SH SOLE 145,500
MINNESOTA MNG & MFG CO COM 604059105 8,777 99,100 SH SOLE 99,100
MORGAN STANLEY DEAN
WITTER & CO COM 617446448 8,735 107,100 SH SOLE 107,100
NABORS INDS INC COM NEW 629568106 6,307 162,500 SH SOLE 162,500
NEW YORK TIMES CO COM 650111107 348 8,100 SH SOLE 8,100
NOBLE DRILLING CORP COM 655042109 4,873 117,600 SH SOLE 117,600
NORTHERN TR CORP COM 665859104 4,223 62,500 SH SOLE 62,500
PFIZER INC COM 717081103 2,757 75,400 SH SOLE 75,400
PNC BK CORP COM 693475105 3,326 73,800 SH SOLE 73,800
PPG INDS INC COM 693506107 5,226 99,900 SH SOLE 99,900
PROCTER & GAMBLE CO COM 742718109 45 800 SH SOLE 800
QUAKER OATS CO COM 747402105 6,584 108,600 SH SOLE 108,600
RELIASTAR FINL CORP NY REG GLD1.25 75952U103 4,123 121,700 SH SOLE 121,700
ROYAL DUTCH PETE CO COM 780257804 3,028 52,600 SH SOLE 52,600
SBC COMMUNICATIONS INC COM 78387G103 4,460 106,200 SH SOLE 106,200
SCHERING PLOUGH CORP COM 806605101 8,475 230,600 SH SOLE 230,600
SCHLUMBERGER LTD ADR REP ORD 806857108 6,839 89,400 SH SOLE 89,400
SLM HOLDING CORP COM 78442A109 740 22,200 SH SOLE 22,200
SMURFIT-STONE CONTAINER
CORP COM 832727101 1,028 60,700 SH SOLE 60,700
STAPLES INC COM 855030102 4,692 234,600 SH SOLE 234,600
SYSCO CORP COM 871829107 5,407 151,500 SH SOLE 151,500
TANDY CORP COM 875382103 2,253 44,400 SH SOLE 44,400
TEMPLE INLAND INC COM 879868107 2,281 45,800 SH SOLE 45,800
TEXACO INC COM 881694103 5,234 97,600 SH SOLE 97,600
LIMITED INC COM 532716107 2,860 67,900 SH SOLE 67,900
TIDEWATER INC COM 886423102 3,728 117,200 SH SOLE 117,200
TIFFANY & CO NEW COM 886547108 7,317 87,500 SH SOLE 87,500
TRIBUNE CO NEW ORD 896047107 6,585 180,100 SH SOLE 180,100
UNOCAL CORP N Y SHS NEW 915289102 482 16,200 SH SOLE 16,200
UNUMPROVIDENT CORP COM 91529Y106 1,809 106,400 SH SOLE 106,400
US BANCORP DEL COM 902973106 4,983 227,800 SH SOLE 227,800
U S WEST INC NEW COM 91273H101 7,858 108,200 SH SOLE 108,200
UST INC COM 902911106 2,364 151,300 SH SOLE 151,300
USX-MARATHON GROUP COM 902905827 3,823 146,700 SH SOLE 146,700
WAL MART STORES INC COM 931142103 2,853 51,400 SH SOLE 51,400
WASHINGTON MUT INC COM 939322103 6,318 143,800 SH SOLE 143,800
ZIONS BANCORPORATION COM 989701107 2,556 61,400 SH SOLE 61,400
</TABLE>
