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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
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: Undiscovered Managers, LLC
Address: 700 North Pearl Street
Dallas, TX 75201
Form 13F File Number: 028-________
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: Mark P. Hurley
Title: President
Phone: 214-999-7205
Signature, Place, and Date of Signing:
/s/ Mark P. Hurley Dallas, TX August 14, 2000
----------------------------- ---------- ---------------
[Signature] [City, State] [Date]
Report Type (Check only one.):
[ ] 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).)
[X] 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:
<TABLE>
<CAPTION>
Name 13F File Number
---- ---------------
<S> <C>
Fuller & Thaler Asset Management, Inc. 028-04007
J.L. Kaplan Associates, LLC 028-03472
Kestrel Investment Management Corporation 028-04060
</TABLE>
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
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Form 13F SUMMARY PAGE
Report Summary:
<TABLE>
<S> <C>
Number of Other Included Managers: 4
Form 13F Information Table Entry Total: 84
Form 13F Information Table Value Total: $29,168
(thousands)
</TABLE>
List of Other Included Managers:
<TABLE>
<CAPTION>
No. Name 13F File Number
--- ---- ---------------
<S> <C>
1 Bay Isle Financial Corporation 028-05490
2 E.R. Taylor Investments, Inc. 028-02877
3 Unibank -
4 Waite & Associates 028-00942
</TABLE>
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FORM 13F
December 31, 1999
<TABLE>
<CAPTION>
Voting Authority
Title Value Shares/ Sh/ Put/ Invstmt Other -----------------
Name of Issuer of class CUSIP (x$1000) Prn Amt Prn Call Dscretn Managers Sole Shared None
-------------- ---------- ----- -------- ------- --- ---- ------- -------- ---- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
BP Amoco PLC ADR 055622104 42 700 SH OTHER 2 700
Telesp Celular ADR PFD 87952L108 64 1,500 SH OTHER 3 1,500
Xeikon NV ADR 984003103 70 3,900 SH OTHER 3 3,900
Aflac Inc. COM 001055102 33 700 SH OTHER 2 700
Alexandria Real Estate Eq. In. COM 015271109 662 20,800 SH OTHER 1 20,800
AMB Property Corp. COM 00163T109 801 40,200 SH OTHER 1 40,200
American Express Co. COM 025816109 33 200 SH OTHER 2 200
American General Corp. COM 026351106 182 2,400 SH OTHER 4 2,400
American Home Prods Corp. COM 026609107 194 4,900 SH OTHER 2,4 4,900
American Intl. Group Inc. COM 026874107 224 2,075 SH OTHER 4 2,075
Archstone Comntys Trust COM 039581103 1,144 55,800 SH OTHER 1 55,800
AT&T Corp. COM 001957109 102 2,000 SH OTHER 4 2,000
Avalonbay Cmntys Inc. COM 053484101 1,551 45,200 SH OTHER 1 45,200
Avery Dennison Corp. COM 053611109 196 2,700 SH OTHER 2,4 2,700
Avon Prods. Inc. COM 054303102 26 800 SH OTHER 2 800
Bank of America Corporation COM 060505104 171 3,400 SH OTHER 4 3,400
Bank of New York Inc. COM 064057102 228 5,700 SH OTHER 4 5,700
Bell Atlantic Corp COM 077853109 209 3,400 SH OTHER 4 3,400
Boston Properties Inc. COM 101121101 187 6,000 SH OTHER 1 6,000
Carramerica Rlty. Corp. COM 144418100 528 25,000 SH OTHER 1 25,000
Caterpillar Inc. COM 149123101 80 1,700 SH OTHER 4 1,700
Chase Manhattan Corp. COM 16161A108 27 350 SH OTHER 2 350
Chelsea GCA Realty Inc. COM 163262108 530 17,800 SH OTHER 1 17,800
Citigroup Inc. COM 172967101 36 650 SH OTHER 2 650
Compuware Corp. COM 205638109 22 600 SH OTHER 2 600
Costco Whsl. Corp. COM 22160K105 228 2,500 SH OTHER 4 2,500
Cousins Pptys. Inc. COM 222795106 896 26,400 SH OTHER 1 26,400
Crescent Real Estate Equitie COM 225756105 491 26,700 SH OTHER 1 26,700
Dayton Hudson Corp. COM 239753106 228 3,100 SH OTHER 4 3,100
Delphi Automotive Sys. Corp. COM 247126105 24 1,537 SH OTHER 4 1,537
Delta Air Lines Inc. COM 247361108 50 1,000 SH OTHER 4 1,000
Duke Weeks Realty Corp COM 264411505 478 24,500 SH OTHER 1 24,500
Eastman Kodak Co. COM 277461109 27 400 SH OTHER 2 400
Equity Office Properties COM 294741103 990 40,200 SH OTHER 1 40,200
Equity Residential Properties COM 29476L107 171 4,000 SH OTHER 1 4,000
Exxon Mobil Corp. COM 30231G102 223 2,768 SH OTHER 4 2,768
Federal Home Ln Mtg Corp. COM 313400301 28 600 SH OTHER 2 600
Federal Natl. Mtg. Assn. COM 313586109 200 3,200 SH OTHER 4 3,200
Fleet Boston Finl Corp. COM 339030108 38 1,100 SH OTHER 2 1,100
Ford Motor Co. COM 345370100 43 800 SH OTHER 2 800
Franchise Fin. Corp. Amer. COM 351807102 1,010 42,200 SH OTHER 1 42,200
Gannett Inc. COM 364730101 24 300 SH OTHER 2 300
General Electric Co. COM 369604103 217 1,400 SH OTHER 4 1,400
</TABLE>
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<TABLE>
<CAPTION>
Voting Authority
Title Value Shares/ Sh/ Put/ Invstmt Other -----------------
Name of Issuer of class CUSIP (x$1000) Prn Amt Prn Call Dscretn Managers Sole Shared None
-------------- ---------- ----- -------- ------- --- ---- ------- -------- ---- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
General Mtrs. Corp. COM 370442105 160 2,200 SH OTHER 4 2,200
Hershey Foods Corp. COM 427866108 71 1,500 SH OTHER 4 1,500
Home Properties of NY, Inc. COM 437306103 980 35,700 SH OTHER 1 35,700
Honeywell Inc. COM 438516106 29 500 SH OTHER 2 500
Illinois Tool Works Inc. COM 452308109 74 1,100 SH OTHER 4 1,100
Ingersoll Rand Co. COM 456866102 149 2,700 SH OTHER 4 2,700
Intel Corp. COM 458140100 222 2,700 SH OTHER 4 2,700
Intl. Business Machines Corp. COM 459200101 23 210 SH OTHER 2 210
Kilroy Realty Corp. COM 49427F108 1,023 46,500 SH OTHER 1 46,500
Kimberly Clark Corp. COM 494368103 202 3,100 SH OTHER 4 3,100
Kimco Realty Corp. COM 49446R109 234 6,900 SH OTHER 1 6,900
Knight Ridder Inc. COM 499040103 33 550 SH OTHER 2 550
Kroger Co. COM 501044101 25 1,300 SH OTHER 2 1,300
Manufactured Home Cmntys. COM 564682102 1,167 48,000 SH OTHER 1 48,000
May Dept. Stores Co. COM 577778103 187 5,800 SH OTHER 4 5,800
MGIC Investment Corp. COM 552848103 30 500 SH OTHER 2 500
Nationwide Health COM 638620104 556 40,400 SH OTHER 1 40,400
Paine Webber Group Inc. COM 695629105 27 700 SH OTHER 2 700
Post Properties Inc. COM 737464107 968 25,300 SH OTHER 1 25,300
Prentiss Properties Trust COM 740706106 962 45,800 SH OTHER 1 45,800
Prologis Trust COM 743410102 1,228 63,800 SH OTHER 1 63,800
PS Business Parks Inc. COM 69360J107 753 33,100 SH OTHER 1 33,100
Rohm & Haas Co. COM 775371107 24 600 SH OTHER 2 600
Schlumberger Limited COM 806857108 24 425 SH OTHER 2 425
Smith Charles Residential COM 832197107 761 21,500 SH OTHER 1 21,500
Spieker Properties COM 848497103 1,348 37,000 SH OTHER 1 37,000
Sterling Commerce COM 859205106 14 400 SH OTHER 2 400
Storage USA COM 861907103 1,261 41,700 SH OTHER 1 41,700
Sun Communities Inc. COM 866674104 492 15,300 SH OTHER 1 15,300
Sun Microsystems Inc. COM 866810104 60 780 SH OTHER 2 780
Taubman Centers Inc. COM 876664103 799 74,300 SH OTHER 1 74,300
Textron Inc. COM 883203101 31 400 SH OTHER 2 400
The Macerich Company COM 554382101 833 40,000 SH OTHER 1 40,000
Transocean Sedco Forex Inc. ORD G90078109 3 82 SH OTHER 2 82
Unisys Corp. COM 909214108 35 1,100 SH OTHER 2 1,100
United Technologies Corp. COM 913017109 32 489 SH OTHER 2 489
Urban Shopping Centers, Inc. COM 917060105 860 31,700 SH OTHER 1 31,700
Vornado Realty Trust COM 929042109 491 15,100 SH OTHER 1 15,100
Wells Fargo Co. COM 949746101 117 2,900 SH OTHER 4 2,900
Whirlpool Corp. COM 963320106 121 1,850 SH OTHER 2,4 1,850
Xerox Corp. COM 984121103 93 4,100 SH OTHER 4 4,100
REPORT SUMMARY 84 Data Records 29,168 4 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
</TABLE>
