13F-HR
1
[email protected]
NONE
JUDY KNUDSON
713-622-7625
0001110504
kowv8nt$
09/30/2000
13F-HR
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Quarter Ended: September 30, 2000
Check here if Amendment [ ]; Amendment Number:
This Amendment : [ ] is a restatement
(Check only one.) [ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Piedra Capital, Ltd.
Address: ) 3700 Buffalo Speedway
Suite 520
Houston, Texas 77098
13F File Number: 028-05713
The institutional investment manager filing this report and the
person by whom it is signed hereby represent that the person
signing this report is authorized to submit it, that all the
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: S. Peter Hidalgo, II
Title Principal
Phone: 713-622-7625
Signature, Place and Date of Signing:
S. PETER HIDALGO, II HOUSTON, TEXAS November 9, 2000
Report Type (Check only one):
[ XX ] 13F HOLDINGS REPORT
[ ] 13F NOTICE
[ ] 13F COMBINATION REPORT
List of Other managers Reporting for this Manger: 0
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 53
Form 13F Information Table Value Total: $234,037,000
List of Other Managers:
No. 13F File Number Name
NONE
<TABLE> <C> <C>
Piedra Capital, Ltd
All Equity Holdings =>$200,000
30-Sep-00
Title of VALUE PUT/ INVESTMEN OTHER VOTING AUTHORITY
Security Class CUSIP (000) SHARES SH/ CALL DISCRETIO MANAGERS SOLE SHARED NONE
Abbott Laboratories COM 002824100 $2,586 54381 SH SOLE None 54381 0 0
AES Corp. COM 00130H105 $10,116 147675 SH SOLE None 147675 0 0
AFLAC COM 001055102 $7,891 123180 SH SOLE None 123180 0 0
Ambac Financial Gro COM 023139108 $6,553 89455 SH SOLE None 89455 0 0
American Power Conv COM 029066107 $4,242 221084 SH SOLE None 221084 0 0
Autodesk, Inc. COM 052769106 $6,044 238185 SH SOLE None 238185 0 0
AVX Corp. COM 002444107 $5,347 205165 SH SOLE None 205165 0 0
BISYS Group COM 055472104 $5,975 77280 SH SOLE None 77280 0 0
Boston Scientific C COM 101137107 $3,490 212335 SH SOLE None 212335 0 0
Cardinal Health Ind COM 14149Y108 $11,432 129635 SH SOLE None 129635 0 0
Carlisle Companies COM 142339100 $2,952 71135 SH SOLE None 71135 0 0
Citigroup Inc. COM 172967101 $245 4531 SH SOLE None 4531 0 0
Citrix Systems COM 177376100 $4,355 217070 SH SOLE None 217070 0 0
Concord EFS Incorpo COM 206187105 $9,522 268115 SH SOLE None 268115 0 0
Dell Computer COM 247025109 $699 22700 SH SOLE None 22700 0 0
EGL Inc. COM 268484102 $2,111 69800 SH SOLE None 69800 0 0
Elan Corp. ADR ADR 284131208 $9,212 168259 SH SOLE None 168259 0 0
Equitable Resources COM 294549100 $219 3450 SH SOLE None 3450 0 0
Express Scripts Inc COM 302102100 $6,462 89435 SH SOLE None 89435 0 0
Exxon Mobil Corpora COM 302290101 $1,845 20699 SH SOLE None 20699 0 0
Family Dollar Store COM 307000109 $6,169 320455 SH SOLE None 320455 0 0
Genzyme General COM 372917104 $4,874 71485 SH SOLE None 71485 0 0
Hanover Compressor COM 410768105 $2,471 75000 SH SOLE None 75000 0 0
HCC Insurance Holdi COM 404132102 $406 20000 SH SOLE None 20000 0 0
Household Internati COM 441815107 $2,189 38665 SH SOLE None 38665 0 0
Insight enterprises COM 45765U103 $4,392 161185 SH SOLE None 161185 0 0
KLA Tencor Corp. COM 482480100 $4,122 100085 SH SOLE None 100085 0 0
Lennar Corporation COM 526057104 $4,177 140710 SH SOLE None 140710 0 0
Lowes Companies COM 548661107 $2,390 53270 SH SOLE None 53270 0 0
Masco COM 574599106 $5,065 271945 SH SOLE None 271945 0 0
MasTec Inc. COM 576323109 $4,448 142325 SH SOLE None 142325 0 0
MedQuist Inc. COM 584949101 $4,455 220692 SH SOLE None 220692 0 0
Microchip Technolog COM 595017104 $5,816 175906 SH SOLE None 175906 0 0
Metris Companies In COM 591598107 $3,437 87000 SH SOLE None 87000 0 0
Nokia, Inc. ADR 654902204 $1,180 29650 SH SOLE None 29650 0 0
Nortel Networks Cor COM 665815106 $1,086 18240 SH SOLE None 18240 0 0
Protective Life Cor COM 743674103 $5,210 174385 SH SOLE None 174385 0 0
Providian Financial COM 74406A102 $8,830 69530 SH SOLE None 69530 0 0
QUALCOMM Inc COM 747525103 $228 3200 SH SOLE None 3200 0 0
Reliant Energy Inc. COM 75952J108 $221 4748 SH SOLE None 4748 0 0
Rouse Company COM 779273101 $630 25265 SH SOLE None 25265 0 0
Rowan Companies COM 779382100 $7,832 270085 SH SOLE None 270085 0 0
Schering-Plough Cor COM 806605101 $1,909 41050 SH SOLE None 41050 0 0
Solectron Corp. Del COM 834182107 $1,853 40175 SH SOLE None 40175 0 0
SouthTrust Corp. COM 844730101 $5,592 177880 SH SOLE None 177880 0 0
Southwest Airlines, COM 844741108 $6,954 286744 SH SOLE None 286744 0 0
Sun Microsystems COM 866810104 $210 1800 SH SOLE None 1800 0 0
Swift Transportatio COM 870756103 $1,959 149950 SH SOLE None 149950 0 0
Tech Data Corp. COM 878237106 $5,691 133115 SH SOLE None 133115 0 0
Teva Pharmaceutical ADR 881624209 $9,623 131490 SH SOLE None 131490 0 0
Transocean SEDCO Fo COM 839817106 $8,497 144945 SH SOLE None 144945 0 0
Watson Pharmaceutic COM 942683103 $5,112 78790 SH SOLE None 78790 0 0
Williams-Sonoma COM 969904101 $5,709 164280 SH SOLE None 164280 0 0
TOTAL PORTFOLIO $234,037 6214914 SHS 6214914 0 0
</TABLE>
