UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington DC 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: [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: PENN DAVIS MCFARLAND, INC.
Address: 2626 COLE AVE.
SUITE 504
DALLAS, TEXAS 75204
Form 13F File Number:
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: JOHN S. MCFARLAND
Title: PRESIDENT
Phone: 214-871-2772
Signature, Place, and Date of Signing:
JOHN S. MCFARLAND DALLAS, TEXAS 3/22/00
- ------------------------------ -------------------- --------
Signature City, State Date
Report Type:
[X] 13F HOLDINGS REPORT
[ ] 13F NOTICE
[ ] 13F COMBINATION REPORT
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 43
Form 13F Information Table Value Total: $242,341
List of Other Included Managers:
NONE
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FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
- -------------------------------- -------- --------- -------- ---------------------- -------- ------------ --------------------------
TITLE CUSIP VALUE SHARES / SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER OF CLASS NUMBER (x$1000) PRINCIPAL AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- -------------------------------- -------- --------- -------- ------------- --- ---- -------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AMERICAN INTERNATIONAL GROUP COMMON 026874107 7216 81594 SH SOLE 81594
AMGEN INC. COMMON 031162100 11500 168656 SH SOLE 168656
APOLLO GROUP INC. "A" COMMON 037604105 4796 210231 SH SOLE 210231
ATLANTIC RICHFIELD COMMON 04882510 305 4300 SH SOLE 4300
BP AMOCO PLC SPONSORED ADR COMMON 055622104 3625 77032 SH SOLE 77032
BRISTOL MYERS COMMON 110122108 4831 84380 SH SOLE 84380
CISCO SYSTEMS COMMON 17275R102 348 2636 SH SOLE 2636
CONEXANT SYSTEMS COMMON 207142100 747 7600 SH SOLE 7600
DALLAS SEMICONDUCTOR COMMON 23520410 3309 81962 SH SOLE 81962
DELL COMPUTER COMMON 247025109 288 7050 SH SOLE 7050
DORCHESTER HUGOTON COMMON 258205202 2552 255170 SH SOLE 255170
ECHOSTAR COMMUNICATIONS CORP COMMON 278762109 9576 84000 SH SOLE 84000
EL PASO ENERGY PARTNERS COMMON 28368B102 7764 414085 SH SOLE 414085
ELECTRONIC ARTS INC. COMMON 285512109 770 7700 SH SOLE 7700
ELECTRONIC DATA SYSTEMS COMMON 285661104 9104 141140 SH SOLE 141140
EMPIRE DISTRICT COMMON 291641108 2910 139800 SH SOLE 139800
EXXON MOBIL CORP COMMON 30231G102 439 5831 SH SOLE 5831
GENERAL ELECTRIC CO. COMMON 369604103 623 4705 SH SOLE 4705
HOME DEPOT INC. COMMON 437076102 252 4221 SH SOLE 4221
ITT EDUCATIONAL SERVICES COMMON 45068B109 3263 271900 SH SOLE 271900
INTEL CORP COMMON 45814010 334 2958 SH SOLE 2958
IBM CORPORATION COMMON 45920010 10962 106682 SH SOLE 106682
INTERNATIONAL HOME FOODS INC COMMON 459655106 3305 195100 SH SOLE 195100
JOHNSON & JOHNSON COMMON 47816010 938 13028 SH SOLE 13028
KIMBERLY CLARK COMMON 494368103 309 6000 SH SOLE 6000
MERCK & COMPANY COMMON 589331107 3212 52170 SH SOLE 52170
MICROSOFT CORP COMMON 594918104 722 8075 SH SOLE 8075
NOBLE AFFILIATES COMMON 654894104 6652 295650 SH SOLE 295650
NOKIA CORP. SPONSORED ADR COMMON 654902204 407 2000 SH SOLE 2000
PEROT SYSTEMS COMMON 714265105 254 10000 SH SOLE 10000
PHILIP MORRIS CO. COMMON 718154107 2172 107607 SH SOLE 107607
PROCTOR & GAMBLE COMMON 742718109 319 3635 SH SOLE 3635
QUALCOMM, INC. COMMON 747525103 94647 664480 SH SOLE 664480
ROCKWELL INT'L CORP COMMON 773903109 634 14000 SH SOLE 14000
ROYAL DUTCH PETROLEUM COMMON 780257804 2531 47990 SH SOLE 47990
SCHERING-PLOUGH COMMON 806605101 291 8305 SH SOLE 8305
SENSORMATIC ELECTRONICS COMMON 817265101 9966 524500 SH SOLE 524500
SUNRISE ASSISTED LIVING COMMON 86768K106 5874 465300 SH SOLE 465300
TEXAS INSTRUMENTS COMMON 88250810 575 3460 SH SOLE 3460
TRAVELERS PROPERTY COMMON 893939108 9839 311100 SH SOLE 311100
UTILICORP UNITED COMMON 918005109 1451 88625 SH SOLE 88625
VODAFONE AIRTOUCH ADS COMMON 92857T107 7736 134110 SH SOLE 134110
WAL-MART STORES COMMON 93114210 4993 102160 SH SOLE 102160
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