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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: 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: Undiscovered Managers, LLC
Address: 700 North Pearl Street
Dallas, TX 75201
Form 13F File Number: 028-05867
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 November 13, 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:
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<CAPTION>
Name 13F File Number
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<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:
Number of Other Included Managers: 4
Form 13F Information Table Entry Total: 88
Form 13F Information Table Value Total: $53,195
(thousands)
List of Other Included Managers:
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<CAPTION>
No. Name 13F File Number
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<S> <C> <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
September 30, 2000
<TABLE>
<CAPTION>
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
------------------------ -------------- --------- -------- ------------------- ---------- -------- --------------------
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------ -------------- --------- -------- ------- --- ---- ---------- -------- --------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
BP Amoco PLC ADR 055622104 27 500 SH OTHER 2 500
Xeikon NV ADR 984003103 54 3,900 SH OTHER 3 3,900
Telesp Celular ADR PFD 87952L108 148 4,500 SH OTHER 3 4,500
Advanced Micro Devices
Inc. COM 007903107 9 400 SH OTHER 2 400
Alcoa Inc. COM 013817101 111 4,400 SH OTHER 2,4 4,400
Alexandria Real Estate
Eq. In. COM 015271109 1,036 30,200 SH OTHER 1 30,200
Allstate Corp. COM 020002101 17 500 SH OTHER 2 500
AMB Property Corp. COM 00163T109 2,230 90,800 SH OTHER 1 90,800
American Express Co. COM 025816109 18 300 SH OTHER 2 300
American General Corp. COM 026351106 289 3,700 SH OTHER 4 3,700
American Home Prods
Corp. COM 026609107 246 4,350 SH OTHER 2,4 4,350
American Intl. Group
Inc. COM 026874107 273 2,850 SH OTHER 4 2,850
American Power
Conversion Corp COM 029066107 10 500 SH OTHER 2 500
Applied Materials COM 038222105 77 1,300 SH OTHER 4 1,300
Archstone Comntys Trust COM 039581103 1,488 60,600 SH OTHER 1 60,600
Avalonbay Cmntys Inc. COM 053484101 3,414 71,600 SH OTHER 1 71,600
Avery Dennison Corp. COM 053611109 153 3,300 SH OTHER 4 3,300
Avon Prods. Inc. COM 054303102 20 500 SH OTHER 2 500
Banc One Corp COM 06423A103 23 600 SH OTHER 2 600
Bank of America
Corporation COM 060505104 267 5,100 SH OTHER 4 5,100
Bank of New York Inc. COM 064057102 263 4,700 SH OTHER 4 4,700
Boeing Co. COM 097023105 22 350 SH OTHER 2 350
Boston Properties Inc. COM 101121101 3,010 70,100 SH OTHER 1 70,100
Bristol Myers Squibb
Co. COM 110122108 17 300 SH OTHER 2 300
Burlington Res Inc. COM 122014103 17 450 SH OTHER 2 450
Carramerica Rlty. Corp. COM 144418100 1,080 35,700 SH OTHER 1 35,700
Centerpoint Pptys. COM 151895109 1,350 29,300 SH OTHER 1 29,300
Chase Manhattan Corp. COM 16161A108 17 375 SH OTHER 2 375
Chateau Cmntys Inc. Com COM 161726104 853 31,800 SH OTHER 1 31,800
Chelsea GCA Realty Inc. COM 163262108 1,682 47,900 SH OTHER 1 47,900
Citigroup Inc. COM 172967101 130 2,400 SH OTHER 2,4 2,400
Clorox Co. COM 189054109 24 600 SH OTHER 2 600
Compaq Computer COM 204493100 97 3,500 SH OTHER 4 3,500
Computer Associates COM 204912109 53 2,100 SH OTHER 4 2,100
Costco Whsl. Corp. COM 22160K105 262 7,500 SH OTHER 4 7,500
Cousins Pptys. Inc. COM 222795106 1,206 28,000 SH OTHER 1 28,000
Duke Weeks Realty Corp COM 264411505 813 33,700 SH OTHER 1 33,700
Equity Office Properties COM 294741103 2,643 85,100 SH OTHER 1 85,100
Equity Residential Pptys COM 29476L107 1,037 21,600 SH OTHER 1 21,600
Exxon Mobil Corp. COM 30231G102 276 3,100 SH OTHER 4 3,100
Federal Home Ln Mtg
Corp. COM 313400301 22 400 SH OTHER 2 400
Federal Natl. Mtg. Assn. COM 313586109 293 4,100 SH OTHER 4 4,100
Fleet Boston Finl Corp. COM 339030108 16 400 SH OTHER 2 400
Ford Motor Co. COM 345370860 18 699 SH OTHER 2 699
General Electric Co. COM 369604103 9 150 SH OTHER 2 150
General Growth Pptys
Inc. COM 370021107 1,416 44,000 SH OTHER 1 44,000
</TABLE>
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<TABLE>
<CAPTION>
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
------------------------ -------------- --------- -------- ------------------- ---------- -------- --------------------
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------ -------------- --------- -------- ------- --- ---- ---------- -------- --------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
General Mtrs. Corp. COM 370442105 215 3,300 SH OTHER 4 3,300
Hershey Foods Corp. COM 427866108 124 2,300 SH OTHER 4 2,300
Home Properties of NY,
Inc. COM 437306103 1,067 35,700 SH OTHER 1 35,700
Honeywell Inc. COM 438516106 18 500 SH OTHER 2 500
Host Marriott Corp New COM 44107P104 1,016 90,300 SH OTHER 1 90,300
Illinois Tool Works Inc. COM 452308109 101 1,800 SH OTHER 4 1,800
Ingersoll Rand Co. COM 456866102 139 4,100 SH OTHER 4 4,100
Intel Corp. COM 458140100 158 3,800 SH OTHER 4 3,800
Intl. Business Machines
Corp. COM 459200101 21 190 SH OTHER 2 190
Kilroy Realty Corp. COM 49427F108 1,126 42,200 SH OTHER 1 42,200
Kimberly Clark Corp. COM 494368103 251 4,500 SH OTHER 4 4,500
Kimco Realty Corp. COM 49446R109 883 20,900 SH OTHER 1 20,900
Kroger Co. COM 501044101 18 800 SH OTHER 2 800
LaSalle Hotel Pptys COM 517942108 514 34,000 SH OTHER 1 34,000
Manufactured Home Cmty COM 564682102 2,033 81,300 SH OTHER 1 81,300
MCI Worldcom, Inc. COM 98157D106 9 300 SH OTHER 2 300
Motorola Inc. COM 620076109 14 500 SH OTHER 2 500
National Semiconductor COM 637640103 12 300 SH OTHER 2 300
Post Properties Inc. COM 737464107 1,747 40,100 SH OTHER 1 40,100
Prentiss Properties
Trust COM 740706106 601 23,000 SH OTHER 1 23,000
Prologis Trust COM 743410102 1,891 79,600 SH OTHER 1 79,600
PS Business Parks Inc. COM 69360J107 567 20,800 SH OTHER 1 20,800
Rockwell COM 773903109 15 500 SH OTHER 2 500
Safeway Inc. COM 786514208 173 3,700 SH OTHER 4 3,700
Shurgard Storage Centers COM 82567D104 1,230 54,500 SH OTHER 1 54,500
Smith Charles
Residential COM 832197107 1,075 23,700 SH OTHER 1 23,700
Spieker Properties COM 848497103 3,183 55,300 SH OTHER 1 55,300
Starwood Hotels &
Resorts COM 85590A203 1,256 40,200 SH OTHER 1 40,200
Storage USA COM 861907103 1,287 42,200 SH OTHER 1 42,200
Sun Microsystems Inc. COM 866810104 23 200 SH OTHER 2 200
Target Corp. COM 87612E106 231 9,000 SH OTHER 4 9,000
Taubman Centers Inc. COM 876664103 1,166 100,800 SH OTHER 1 100,800
Tellabs Inc. COM 879664100 14 300 SH OTHER 2 300
The Macerich Company COM 554382101 1,046 49,200 SH OTHER 1 49,200
TJX Cos. Inc. COM 872540109 18 800 SH OTHER 2 800
USA Networks Inc. COM 902984103 15 700 SH OTHER 2 700
Verizon COM 92343V104 208 4,300 SH OTHER 4 4,300
Vornado Realty Trust COM 929042109 2,992 80,600 SH OTHER 1 80,600
Wells Fargo Co. COM 949746101 202 4,400 SH OTHER 4 4,400
REPORT SUMMARY 88 Data Records 53,195 4 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
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