UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington DC 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 2000
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: 28-05623
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 7/05/00
------------------------------ -------------------- --------
Signature City, State Date
Report Type:
[X] 13F HOLDINGS REPORT
[ ] 13F NOTICE
[ ] 13F COMBINATION REPORT
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 49
Form 13F Information Table Value Total: $203,338
List of Other Included Managers:
NONE
<PAGE>
<TABLE>
<CAPTION>
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 9573 81472 SH SOLE 81472
AMGEN INC. COMMON 031162100 11476 163356 SH SOLE 163356
APOLLO GROUP INC. "A" COMMON 037604105 5886 210231 SH SOLE 210231
BP AMOCO PLC SPONSORED ADR COMMON 055622104 4756 84084 SH SOLE 84084
BRISTOL MYERS COMMON 110122108 4915 84380 SH SOLE 84380
CISCO SYSTEMS COMMON 17275R102 335 5272 SH SOLE 5272
CONAGRA COMMON 205887102 2896 151900 SH SOLE 151900
CONEXANT SYSTEMS COMMON 207142100 370 7600 SH SOLE 7600
DALLAS SEMICONDUCTOR COMMON 23520410 2953 72462 SH SOLE 72462
DELL COMPUTER COMMON 247025109 348 7050 SH SOLE 7050
DORCHESTER HUGOTON COMMON 258205202 2709 191817 SH SOLE 191817
ECHOSTAR COMMUNICATIONS CORP COMMON 278762109 5562 168000 SH SOLE 168000
EL PASO ENERGY PARTNERS COMMON 28368B102 10274 421485 SH SOLE 421485
ELECTRONIC ARTS INC. COMMON 285512109 562 7700 SH SOLE 7700
ELECTRONIC DATA SYSTEMS COMMON 285661104 6496 157490 SH SOLE 157490
EMPIRE DISTRICT COMMON 291641108 3106 140800 SH SOLE 140800
EXXON MOBIL CORP COMMON 30231G102 442 5631 SH SOLE 5631
GENERAL ELECTRIC CO. COMMON 369604103 812 15315 SH SOLE 15315
HOME DEPOT INC. COMMON 437076102 252 4221 SH SOLE 4221
ITT EDUCATIONAL SERVICES COMMON 45068B109 4775 271900 SH SOLE 271900
INTEL CORP COMMON 45814010 395 2958 SH SOLE 2958
IBM CORPORATION COMMON 45920010 11672 106532 SH SOLE 106532
INTERNATIONAL HOME FOODS INC COMMON 459655106 12142 579900 SH SOLE 579900
JOHNSON & JOHNSON COMMON 47816010 1467 14400 SH SOLE 14400
KIMBERLY CLARK COMMON 494368103 344 6000 SH SOLE 6000
ELI LILLY & COMPANY COMMON 53245710 210 2100 SH SOLE 2100
MEDIMMUNE, INC. COMMON 584699102 222 3000 SH SOLE 3000
MERCK & COMPANY COMMON 589331107 3998 52170 SH SOLE 52170
MICROSOFT CORP COMMON 594918104 666 8325 SH SOLE 8325
MORGAN STANLEY-DEAN WITTER COMMON 617446448 216 2600 SH SOLE 2600
NOBLE AFFILIATES COMMON 654894104 10991 295050 SH SOLE 295050
NOKIA CORP. SPONSORED ADR COMMON 654902204 400 8000 SH SOLE 8000
ORACLE SYSTEMS COMMON 68389X105 240 2854 SH SOLE 2854
PEROT SYSTEMS COMMON 714265105 110 10000 SH SOLE 10000
PFIZER INC. COMMON 717081103 253 5270 SH SOLE 5270
PHILIP MORRIS CO. COMMON 718154107 2842 107007 SH SOLE 107007
KONINKLIJKE PHILIPS ELECTRONICS COMMON 718337504 371 3680 SH SOLE 3680
PROCTOR & GAMBLE COMMON 742718109 208 3635 SH SOLE 3635
QUALCOMM, INC. COMMON 747525103 40405 673420 SH SOLE 673420
ROCKWELL INT'L CORP COMMON 773903109 394 12500 SH SOLE 12500
ROYAL DUTCH PETROLEUM COMMON 780257804 2954 47990 SH SOLE 47990
SBC COMMUNICATIONS COMMON 78387G103 238 5497 SH SOLE 5497
SCHERING-PLOUGH COMMON 806605101 419 8305 SH SOLE 8305
SENSORMATIC ELECTRONICS COMMON 817265101 8044 508700 SH SOLE 508700
SUNRISE ASSISTED LIVING COMMON 86768K106 12086 653300 SH SOLE 653300
TEXAS INSTRUMENTS COMMON 88250810 565 8222 SH SOLE 8222
UTILICORP UNITED COMMON 918005109 1788 89975 SH SOLE 89975
VODAFONE AIRTOUCH ADS COMMON 92857T107 5371 129619 SH SOLE 129619
WAL-MART STORES COMMON 93114210 5829 101160 SH SOLE 101160
</TABLE>
