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, 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 1/02/01
------------------------------ -------------------- --------
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: 46
Form 13F Information Table Value Total: $252,673
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>
ABBOTT LABORATORIES COMMON 002824100 215 4429 SH SOLE 4429
AMERICAN INTERNATIONAL GROUP COMMON 026874107 11467 116338 SH SOLE 116338
AMGEN INC. COMMON 031162100 10207 159638 SH SOLE 159638
APOLLO GROUP INC. "A" COMMON 037604105 10145 206250 SH SOLE 206250
BP AMOCO PLC SPONSORED ADR COMMON 055622104 4016 83884 SH SOLE 83884
BOEING CO COMMON 097023105 231 3500 SH SOLE 3500
BRISTOL MYERS COMMON 110122108 6228 84230 SH SOLE 84230
CISCO SYSTEMS COMMON 17275R102 205 5372 SH SOLE 5372
CONAGRA FOODS, INC. COMMON 205887102 12276 472162 SH SOLE 472162
DALLAS SEMICONDUCTOR COMMON 23520410 1857 72462 SH SOLE 72462
DORCHESTER HUGOTON COMMON 258205202 2801 177106 SH SOLE 177106
ECHOSTAR COMMUNICATIONS CORP COMMON 278762109 3831 168400 SH SOLE 168400
EL PASO ENERGY PARTNERS COMMON 28368B102 11677 425585 SH SOLE 425585
ELECTRONIC ARTS INC. COMMON 285512109 656 15400 SH SOLE 15400
ELECTRONIC DATA SYSTEMS COMMON 285661104 13409 232190 SH SOLE 232190
EMPIRE DISTRICT COMMON 291641108 4386 166700 SH SOLE 166700
EXXON MOBIL CORP COMMON 30231G102 490 5631 SH SOLE 5631
FAMILY DOLLAR STORES COMMON 307000109 10790 503300 SH SOLE 503300
GENERAL ELECTRIC CO. COMMON 369604103 672 14015 SH SOLE 14015
H POWER CORP. COMMON 40427A108 123 16000 SH SOLE 16000
ITT EDUCATIONAL SERVICES COMMON 45068B109 5981 271850 SH SOLE 271850
IBM CORPORATION COMMON 45920010 8582 100967 SH SOLE 100967
JOHNSON & JOHNSON COMMON 47816010 1502 14300 SH SOLE 14300
KIMBERLY CLARK COMMON 494368103 424 6000 SH SOLE 6000
MERCK & COMPANY COMMON 589331107 4838 51670 SH SOLE 51670
MICROSOFT CORP COMMON 594918104 361 8325 SH SOLE 8325
MORGAN STANLEY-DEAN WITTER COMMON 617446448 206 2600 SH SOLE 2600
NOBLE AFFILIATES COMMON 654894104 14872 323300 SH SOLE 323300
NOKIA CORP. SPONSORED ADR COMMON 654902204 348 8000 SH SOLE 8000
PEROT SYSTEMS COMMON 714265105 101 11000 SH SOLE 11000
PFIZER INC. COMMON 717081103 272 5910 SH SOLE 5910
PHILIP MORRIS CO. COMMON 718154107 4617 104932 SH SOLE 104932
KONINKLIJKE PHILIPS ELECTRONICS COMMON 718337504 360 3569 SH SOLE 3569
PROCTOR & GAMBLE COMMON 742718109 285 3635 SH SOLE 3635
QUALCOMM, INC. COMMON 747525103 55339 673320 SH SOLE 673320
ROCKWELL INT'L CORP COMMON 773903109 595 12500 SH SOLE 12500
ROYAL DUTCH PETROLEUM COMMON 780257804 2906 47990 SH SOLE 47990
SBC COMMUNICATIONS COMMON 78387G103 224 4686 SH SOLE 4686
SCHERING-PLOUGH COMMON 806605101 429 7567 SH SOLE 7567
SENSORMATIC ELECTRONICS COMMON 817265101 10171 506950 SH SOLE 506950
SUNRISE ASSISTED LIVING COMMON 86768K106 15077 603085 SH SOLE 603085
TEXAS INSTRUMENTS COMMON 88250810 309 6522 SH SOLE 6522
UTILICORP UNITED COMMON 918005109 2759 89000 SH SOLE 89000
VODAFONE GROUP PLC COMMON 92857W100 4642 129619 SH SOLE 129619
WACHOVIA CORPORATION COMMON 929771103 6417 110400 SH SOLE 110400
WAL-MART STORES COMMON 93114210 5374 101160 SH SOLE 101160
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