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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: 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: Undiscovered Managers, LLC
Address: 700 North Pearl Street
Dallas, TX 75201
Form 13F File Number: 028-
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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: 85
Form 13F Information Table Value Total: $33,010
(thousands)
</TABLE>
List of Other Included Managers:
<TABLE>
<CAPTION>
No. Name 13F File Number
--- ---- ---------------
<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
March 31, 2000
<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 37 700 SH OTHER 2 700
Telesp Celular ADR PFD 87952L108 85 1,500 SH OTHER 3 1,500
Xeikon NV ADR 984003103 70 3,900 SH OTHER 3 3,900
Advanced Micro Devices Inc. COM 007903107 17 300 SH OTHER 2 300
Alcoa Inc. COM 013817101 91 1,300 SH OTHER 4 1,300
Alexandria Real Estate Eq. COM 015271109 654 21,800 SH OTHER 1 21,800
AMB Property Corp. COM 00163T109 1,187 55,200 SH OTHER 1 55,200
American Express Co. COM 025816109 30 200 SH OTHER 2 200
American General Corp. COM 026351106 135 2,400 SH OTHER 4 2,400
American Home Prods Corp. COM 026609107 263 4,900 SH OTHER 2,4 4,900
American Intl. Group Inc. COM 026874107 227 2,075 SH OTHER 4 2,075
American Power Conversion Corp. COM 029066107 34 800 SH OTHER 2 800
Archstone Cmntys. Tr. COM 039581103 1,527 76,600 SH OTHER 1 76,600
AT&T Corp. COM 001957109 113 2,000 SH OTHER 4 2,000
Avalonbay Cmntys Inc. COM 053484101 1,839 50,200 SH OTHER 1 50,200
Avery Dennison Corp. COM 053611109 134 2,200 SH OTHER 4 2,200
Avon Prods. Inc. COM 054303102 23 800 SH OTHER 2 800
Bank of America Corporation COM 060505104 178 3,400 SH OTHER 4 3,400
Bank of New York Inc. COM 064057102 237 5,700 SH OTHER 4 5,700
Bell Atlantic Corp COM 077853109 208 3,400 SH OTHER 4 3,400
Boeing Co. COM 097023105 19 500 SH OTHER 2 500
Boston Properties Inc. COM 101121101 649 20,400 SH OTHER 1 20,400
Carramerica Rlty. Corp. COM 144418100 868 41,100 SH OTHER 1 41,100
Caterpillar Inc. COM 149123101 67 1,700 SH OTHER 4 1,700
Chase Manhattan Corp. COM 16161A108 22 250 SH OTHER 2 250
Chelsea GCA Realty Inc. COM 163262108 1,157 39,900 SH OTHER 1 39,900
Citigroup Inc. COM 172967101 30 500 SH OTHER 2 500
Compuware Corp. COM 205638109 13 600 SH OTHER 2 600
Costco Whsl. Corp. COM 22160K105 263 5,000 SH OTHER 4 5,000
Cousins Pptys. Inc. COM 222795106 821 22,300 SH OTHER 1 22,300
CVS Corp. COM 126650100 11 300 SH OTHER 2 300
Delphi Automotive Sys. Corp. COM 247126105 25 1,537 SH OTHER 4 1,537
Delta Air Lines Inc. COM 247361108 53 1,000 SH OTHER 4 1,000
Equity Office Properties COM 294741103 761 30,300 SH OTHER 1 30,300
Equity Residential Pptys COM 29476L107 277 6,900 SH OTHER 1 6,900
Exxon Mobil Corp. COM 30231G102 215 2,768 SH OTHER 4 2,768
Federal Home Ln Mtg Corp. COM 313400301 27 600 SH OTHER 2 600
Federal Natl. Mtg. Assn. COM 313586109 181 3,200 SH OTHER 4 3,200
Fleet Boston Finl Corp. COM 339030108 33 900 SH OTHER 2 900
Ford Motor Co. COM 345370100 38 800 SH OTHER 2 800
Franchise Fin. Corp. Amer. COM 351807102 1,083 46,600 SH OTHER 1 46,600
General Electric Co. COM 369604103 217 1,400 SH OTHER 4 1,400
General Mtrs. Corp. COM 370442105 182 2,200 SH OTHER 4 2,200
</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>
Georgia Pacific Corp. COM 373298108 71 1,800 SH OTHER 4 1,800
Hershey Foods Corp. COM 427866108 73 1,500 SH OTHER 4 1,500
Home Properties of NY, Inc. COM 437306103 974 36,400 SH OTHER 1 36,400
Honeywell Inc. COM 438516106 26 500 SH OTHER 2 500
Illinois Tool Works Inc. COM 452308109 61 1,100 SH OTHER 4 1,100
IMS Health Inc. COM 449934108 19 1,100 SH OTHER 2 1,100
Ingersoll Rand Co. COM 456866102 119 2,700 SH OTHER 4 2,700
Intel Corp. COM 458140100 356 2,700 SH OTHER 4 2,700
Intl. Business Machines Corp. COM 459200101 25 210 SH OTHER 2 210
Kilroy Realty Corp. COM 49427F108 945 44,900 SH OTHER 1 44,900
Kimberly Clark Corp. COM 494368103 174 3,100 SH OTHER 4 3,100
Kimco Realty Corp. COM 49446R109 619 16,500 SH OTHER 1 16,500
Kroger Co. COM 501044101 23 1,300 SH OTHER 2 1,300
LaSalle Hotel Pptys COM 517942108 280 22,400 SH OTHER 1 22,400
Manufactured Home Cmnty COM 564682102 1,353 58,500 SH OTHER 1 58,500
May Dept. Stores Co. COM 577778103 165 5,800 SH OTHER 4 5,800
MCI Worldcom Inc. COM 55268B106 7 150 SH OTHER 2 150
MGIC Investment Corp. COM 552848103 22 500 SH OTHER 2 500
Paine Webber Group Inc. COM 695629105 22 500 SH OTHER 2 500
Post Properties Inc. COM 737464107 996 24,700 SH OTHER 1 24,700
Prentiss Properties Trust COM 740706106 1,330 59,600 SH OTHER 1 59,600
Prologis Trust COM 743410102 1,840 95,600 SH OTHER 1 95,600
PS Business Parks Inc. COM 69360J107 473 23,200 SH OTHER 1 23,200
Rohm & Haas Co. COM 775371107 27 600 SH OTHER 2 600
Safeway Inc. COM 786514208 81 1,800 SH OTHER 4 1,800
Seagate Technology Inc. COM 811804103 12 200 SH OTHER 2 200
Sears Roebuck & Co. COM 812387108 23 750 SH OTHER 2 750
Smith Charles Residential COM 832197107 683 18,900 SH OTHER 1 18,900
Spieker Properties COM 848497103 1,308 29,400 SH OTHER 1 29,400
Storage USA COM 861907103 1,427 46,600 SH OTHER 1 46,600
Sun Communities Inc. COM 866674104 479 16,600 SH OTHER 1 16,600
Sun Microsystems Inc. COM 866810104 47 500 SH OTHER 2 500
Target Corp. COM 87612E106 232 3,100 SH OTHER 4 3,100
Taubman Centers Inc. COM 876664103 979 88,000 SH OTHER 1 88,000
Tellabs COM 879664100 19 300 SH OTHER 2 300
Textron Inc. COM 883203101 24 400 SH OTHER 2 400
The Macerich Company COM 554382101 961 46,600 SH OTHER 1 46,600
Urban Shopping Centers, Inc. COM 917060105 1,023 35,200 SH OTHER 1 35,200
Vornado Realty Trust COM 929042109 1,276 38,100 SH OTHER 1 38,100
Wells Fargo Co. COM 949746101 119 2,900 SH OTHER 4 2,900
Whirlpool Corp. COM 963320106 109 1,850 SH OTHER 2,4 1,850
Xerox Corp. COM 984121103 107 4,100 SH OTHER 4 4,100
REPORT SUMMARY 85 Data Records 33,010 4 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
</TABLE>
