<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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 (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Charles Stewart Mott Foundation
Address: 503 S. Saginaw Street
Flint, MI 48302-1820
Form 13F File Number: 28-05859
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: Phillip H. Peters
Title: Secretary/Treasurer
Phone: (810) 238-5651
Signature, Place, and Date of Signing:
/s/ Phillip H. Peters Flint, MI 9/22/00
[Signature] [City, State] [Date]
Report Type (Check only one.):
[X] 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).)
[ ] 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:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name
28-_____________ _________________________________________
[Repeat as necessary.]
<PAGE> 2
FORM 13F
SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
-----------------------
Form 13F Information Table Entry Total: 357
-----------------------
Form 13F Information Table Value Total: $ 1,996,731
-----------------------
(thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column
headings and list entries.] NONE
No. Form 13F File Number Name
----- ------------------- ------------------------
[Repeat as necessary.]
<PAGE> 3
FORM 13F INFORMATION TABLE
<TABLE>
<CAPTION>
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
------------------ ----------------------
Value Shrs or sh/ put/ Investment Other Voting Authority
Name of Issuer Title of Class Cusip (x$1000) Prn Amt prn call Discretion Managers Sole Shared None
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ABBOTT LABS COM 002824100 6,696 184,400 sh Sole 184,400
ACE LTD ORD G0070K103 2,503 150,000 sh Sole 150,000
ADC TELECOMMUNICATIONS INC COM 000886101 4,354 60,000 sh Sole 60,000
AETNA INC COM 008117103 781 14,000 sh Sole 14,000
AFLAC INC COM 001055102 1,784 37,800 sh Sole 37,800
AIR PRODUCTS & CHEMICAL INC COM 009158106 1,477 44,000 sh Sole 44,000
ALBERTSONS INC COM 013104104 1,790 55,500 sh Sole 55,500
ALCOA INC COM 013817101 5,395 65,000 sh Sole 65,000
ALLSTATE CORP COM 020002101 3,249 135,000 sh Sole 135,000
ALLTEL CORP COM 020039103 1,654 20,000 sh Sole 20,000
AMAZON COM INC COM 023135106 1,337 17,557 sh Sole 17,557
AMB PPTY CORP COM 00163T109 10,095 506,332 sh Sole 506,332
AMERICA ONLINE INC COM 02364J104 21,816 287,522 sh Sole 287,522
AMERICAN EXPRESS CR COM 025816109 13,466 81,000 sh Sole 81,000
AMERICAN GENERAL CORP COM 026351106 3,566 47,000 sh Sole 47,000
AMERICAN HOME PRODS CORP COM 026609107 6,284 160,100 sh Sole 160,100
AMERICAN INTL GROUP INC COM 026874107 22,166 205,000 sh Sole 205,000
AMERICAN MANAGEMENT SYSTEMS COM 027352103 1,108 35,300 sh Sole 35,300
AMERICAN PWR CONVERSION CORP COM 029066107 633 24,000 sh Sole 24,000
AMGEN INC COM 031162100 7,436 123,800 sh Sole 123,800
ANALOG DEVICES INC COM 032654105 3,534 38,000 sh Sole 38,000
APOLLO GROUP INC CL A 037604105 401 20,000 sh Sole 20,000
APPLIED MATLS INC COM 038222105 2,534 20,000 sh Sole 20,000
ARCHER DANIELS MIDLAND CO COM 039483102 1,726 142,380 sh Sole 142,380
ARCHSTONE COMMUNITIES TRUST SH BEN INT 039581103 623 30,400 sh Sole 30,400
ARIBA INC COM 04033V104 140,081 789,746 sh Sole 789,746
ARROW ELECTRONICS INC COM 042735100 761 30,000 sh Sole 30,000
ASSOCIATES FIRST CAP CORP CL A 046008108 3,748 136,600 sh Sole 136,600
AT HOME CORP COM SER A 045919107 643 15,000 sh Sole 15,000
AT&T CORP COM 001957109 20,865 410,630 sh Sole 410,630
AT&T CORP COM LIB GRP A 001957208 14,203 250,000 sh Sole 250,000
ATLANTIC RICHFIELD CO COM 048825103 1,678 19,400 sh Sole 19,400
AUTOMATIC DATA PROCESSING INC COM 053015103 4,385 81,400 sh Sole 81,400
AUTONATION INC COM 05329W102 2,313 250,000 sh Sole 250,000
AUTOZONE INC COM 053332102 1,228 38,000 sh Sole 38,000
AVALONBAY COMMUNITIES INC COM 053484101 613 17,700 sh Sole 17,700
AVON PRODUCTS INC COM 054303102 1,106 33,500 sh Sole 33,500
AXA FINANCIAL INC COM 002451102 2,890 85,000 sh Sole 85,000
BAKER HUGHES INC COM 057224107 906 43,000 sh Sole 43,000
BALL CORP COM 058498106 984 25,000 sh Sole 25,000
</TABLE>
1
<PAGE> 4
FORM 13F INFORMATION TABLE
<TABLE>
<CAPTION>
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
------------------ ---------------------
Value Shrs or sh/ put/ Investment Other Voting Authority
Name of Issuer Title of Class Cusip (x$1000) Prn Amt prn call Discretion Managers Sole Shared None
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
BANK NEW YORK INC COM 064057102 5,200 130,000 sh Sole 130,000
BANK OF AMERICA CORP COM 060505104 10,961 218,400 sh Sole 218,400
BANK ONE CORP COM 06423A103 3,520 110,000 sh Sole 110,000
BAXTER INTERNATIONAL INC COM 071813109 2,183 34,753 sh Sole 34,753
BED BATH & BEYOND INC COM 075896100 869 25,000 sh Sole 25,000
BELL ATLANTIC CORP COM 077853109 11,991 194,780 sh Sole 194,780
BELLSOUTH CORP COM 079860102 11,024 235,500 sh Sole 235,500
BELO A H CORP COM SER A 080555105 1,144 60,000 sh Sole 60,000
BERKSHIRE HATHAWAY INC DEL CL A 084670108 8,135 145 sh Sole 145
BEST BUY INC COM 086516101 1,005 20,000 sh Sole 20,000
BESTFOODS COM 08658U101 4,683 89,100 sh Sole 89,100
BLACK HILLS CORP COM 092113109 1,183 53,300 sh Sole 53,300
BMC SOFTWARE INC COM 055921100 4,157 52,000 sh Sole 52,000
BOEING CO COM 097023105 5,387 130,000 sh Sole 130,000
BOSTON SCIENTIFIC CORP COM 101137107 1,044 47,712 sh Sole 47,712
BP AMOCO PLC SPONSORED ADR 055622104 6,629 111,766 sh Sole 111,766
BRINKER INTL INC COM 109641100 1,206 50,000 sh Sole 50,000
BRISTOL MYERS SQUIBB CO COM 110122108 15,501 241,500 sh Sole 241,500
BRITISH AIRWAYS PLC ADR 2ND INSTAL 110419306 805 12,500 sh Sole 12,500
BROADCOM CORP CL A 111320107 11,592 42,560 sh Sole 42,560
BURLINGTON NORTHERN SANTA FE COM 12189T104 1,176 48,500 sh Sole 48,500
BURLINGTON RESOURCES INC COM 122014103 641 19,400 sh Sole 19,400
CAMBRIDGE TECH PARTNERS MASS COM 132524109 656 25,000 sh Sole 25,000
CAMPBELL SOUP CO COM 134429109 1,513 39,100 sh Sole 39,100
CAPITAL ONE FINANCIAL CORP COM 14040H105 1,446 30,000 sh Sole 30,000
CARDINAL HEALTH INC COM 14149Y108 1,347 28,130 sh Sole 28,130
CATERPILLAR INC COM 149123101 2,494 53,000 sh Sole 53,000
CBRL GROUP INC COM 12489V106 272 28,000 sh Sole 28,000
CBS CORPORATION COM 12490K107 7,673 120,000 sh Sole 120,000
CENDANT CORPORATION COM 151313103 2,258 85,000 sh Sole 85,000
CENTERPOINT PPTYS TRUST COM 151895109 142 3,900 sh Sole 3,900
CENTURYTEL INC COM 156700106 2,369 50,000 sh Sole 50,000
CERIDIAN CORP COM 15677T106 625 29,000 sh Sole 29,000
CHASE MANHATTAN CORP NEW COM 16161A108 8,546 110,000 sh Sole 110,000
CHEVRON CORPORATION COM 166751107 4,201 48,500 sh Sole 48,500
CHUBB CORP COM 171232101 1,971 35,000 sh Sole 35,000
CIGNA CORP COM 125509109 2,336 29,000 sh Sole 29,000
CIRCUIT CITY STORE INC CIRCT CITY GRP 172737108 1,577 35,000 sh Sole 35,000
CIRCUIT CITY STORE INC CARMAX GROUP 172737306 116 50,000 sh Sole 50,000
CISCO SYS INC COM 17275R102 62,803 586,260 sh Sole 586,260
</TABLE>
2
<PAGE> 5
FORM 13F INFORMATION TABLE
<TABLE>
<CAPTION>
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
------------------ ---------------------
Value Shrs or sh/ put/ Investment Other Voting Authority
Name of Issuer Title of Class Cusip (x$1000) Prn Amt prn call Discretion Managers Sole Shared None
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
CITIGROUP INC COM 172967101 27,009 485,000 sh Sole 485,000
CLEAR CHANNEL COMMUNICATIONS INC COM 184502102 3,124 35,000 sh Sole 35,000
CLOROX CO COM 189054109 504 10,000 sh Sole 10,000
COASTAL CORP COM 190441105 2,562 72,300 sh Sole 72,300
COCA COLA CO COM 191216100 17,830 306,100 sh Sole 306,100
COLGATE PALMOLIVE CO COM 194162103 1,950 30,000 sh Sole 30,000
COLUMBIA HCA HEALTHCARE CORP COM 197677107 2,345 80,000 sh Sole 80,000
COMCAST CORP CL A SPL 200300200 6,472 128,000 sh Sole 128,000
COMERICA INC COM 200340107 2,334 50,000 sh Sole 50,000
COMPAQ COMPUTER CORP COM 204493100 4,465 165,000 sh Sole 165,000
COMPLETE BUSINESS SOLUTIONS INC COM 20452F107 2,771 110,300 sh Sole 110,300
COMPUTER SCIENCES CORP COM 205363104 3,123 33,000 sh Sole 33,000
COMPUWARE CORP COM 205638109 2,347 63,000 sh Sole 63,000
CONAGRA INC COM 205887102 1,341 59,100 sh Sole 59,100
CONCORD EFS INC COM 206197105 6,337 246,100 sh Sole 246,100
CONOCO INC CL B 208251405 1,586 63,744.8 sh Sole 63,744.8
CONSECO INC COM 208464107 1,158 65,000 sh Sole 65,000
COOPER INDS INC COM 216669101 1,213 30,000 sh Sole 30,000
COOPER TIRE & RUBBER COM 216831107 1,040 66,000 sh Sole 66,000
CORNING INCORPORATED COM 219350105 1,160 9,000 sh Sole 9,000
COSTCO WHOLESALE CORP COM 22160K105 3,239 35,500 sh Sole 35,500
COX COMMUNICATIONS INC CL A 224044107 3,605 70,000 sh Sole 70,000
CRITICAL PATH INC COM 22674V100 8,972 95,071 sh Sole 95,071
CVS CORP COM 126650100 2,114 53,006 sh Sole 53,006
D R HORTON INC COM 23331A109 338 24,500 sh Sole 24,500
DAYTON HUDSON CORP COM 239753106 4,164 56,700 sh Sole 56,700
DEAN FOODS INC COM 242361103 716 18,000 sh Sole 18,000
DEERE & CO COM 244199105 1,301 30,000 sh Sole 30,000
DELL COMPUTER CORP COM 247025109 15,300 300,000 sh Sole 300,000
DELPHI AUTOMOTIVE SYSTEMS CORP COM 247126105 6,337 402,379 sh Sole 402,379
DILLARD'S INC CL A 254067101 404 20,000 sh Sole 20,000
DISNEY WALT HLDG CO COM 254687106 7,459 255,000 sh Sole 255,000
DOVER CORP COM 260003108 4,710 103,800 sh Sole 103,800
DOW CHEMICAL CO COM 260543103 3,875 29,000 sh Sole 29,000
DPL INC COM 233293109 770 44,500 sh Sole 44,500
DU PONT E I DE NEMOURS & CO COM 263534109 8,646 131,256 sh Sole 131,256
E M C CORP COM 268648102 9,833 90,000 sh Sole 90,000
EBAY INC COM 278642103 84,957 678,635 sh Sole 678,635
ECOLAB INC COM 278865100 1,917 49,000 sh Sole 49,000
EDWARDS A G INC COM 281760108 1,010 31,500 sh Sole 31,500
</TABLE>
3
<PAGE> 6
FORM 13F INFORMATION TABLE
<TABLE>
<CAPTION>
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
------------------ ---------------------
Value Shrs or sh/ put/ Investment Other Voting Authority
Name of Issuer Title of Class Cusip (x$1000) Prn Amt prn call Discretion Managers Sole Shared None
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ELECTRONIC DATA SYSTEMS CORP COM 285661104 4,726 70,600 sh Sole 70,600
EMERSON ELEC CO COM 291011104 4,378 76,300 sh Sole 76,300
ENERGEN CORP COM 29265N108 4,245 235,000 sh Sole 235,000
ENRON CORP OREGON COM 293561106 3,408 76,800 sh Sole 76,800
EQUITY OFFICE PPTYS TR COM 294741103 1,231 50,000 sh Sole 50,000
EQUITY RESIDENTIAL PPTYS TR SH BEN INT 29476L107 1,212 28,400 sh Sole 28,400
ETHAN ALLEN INTERIORS INC COM 297602104 1,603 50,000 sh Sole 50,000
EXXON MOBIL CORPORATION COM 30231G102 43,653 541,849 sh Sole 541,849
FAMILY DOLLAR STORES COM 307000109 550 33,700 sh Sole 33,700
FASTENAL CO COM 311900104 449 10,000 sh Sole 10,000
FDX CORP COM 31304N107 3,562 87,000 sh Sole 87,000
FED HOME LN MTG CORP COM 313400301 2,353 50,000 sh Sole 50,000
FEDERAL NATL MTG ASSN COM 313586109 9,428 151,000 sh Sole 151,000
FEDERATED DEPT STORES INC NEW COM 31410H101 2,356 46,600 sh Sole 46,600
FIFTH THIRD BANCORP COM COM 316773100 2,201 30,000 sh Sole 30,000
FIRST DATA CORP COM 319963104 1,479 30,000 sh Sole 30,000
FIRST UNION CORP COM 337358105 2,503 76,000 sh Sole 76,000
FIRSTAR CORP COM 33763V109 2,113 100,000 sh Sole 100,000
FISERV INC COM 337738108 1,111 29,000 sh Sole 29,000
FLEET BOSTON FINL CORP COM 339030108 2,410 69,220 sh Sole 69,220
FORD MOTOR CO COM 345370100 533 10,000 sh Sole 10,000
FOX ENTMT GROUP INC CL A 35138T107 249 10,000 sh Sole 10,000
FPL GROUP INC COM 302571104 950 22,200 sh Sole 22,200
FRANKLIN RES INC COM 354613101 802 25,000 sh Sole 25,000
FULLER H B CO COM 359694106 923 16,500 sh Sole 16,500
GANNETT INC COM 364730101 2,855 35,000 sh Sole 35,000
GAP INC COM 364760108 4,221 91,750 sh Sole 91,750
GARTNER GROUP INC COM 366651107 1,075 70,500 sh Sole 70,500
GENERAL ELEC CO COM 369604103 87,124 563,000 sh Sole 563,000
GENERAL MILLS INC COM 370334104 2,124 59,400 sh Sole 59,400
GENERAL MTRS CORP CL H NEW 370442832 5,280 55,000 sh Sole 55,000
GENERAL MTRS CORP COM 370442105 36,344 500,000 sh Sole 500,000
GENESYS TELECOMM LABS INC COM 371931106 7,442 137,821 sh Sole 137,821
GENUINE PARTS CO COM 372460105 481 19,400 sh Sole 19,400
GEORGIA PAC CORP COM GA PAC GRP 373298108 2,030 40,000 sh Sole 40,000
GEORGIA PAC CORP COM-TIMBER GRP 373298702 493 20,000 sh Sole 20,000
GETTY IMAGES INC COM 374276103 2,025 41,441 sh Sole 41,441
GILLETTE CO COM 375766102 6,219 151,000 sh Sole 151,000
GLOBAL CROSSING LTD COM G3921A100 4,454 89,085 sh Sole 89,085
GOLDMAN SACHS GROUP INC COM 38141G104 2,826 30,000 sh Sole 30,000
</TABLE>
4
<PAGE> 7
FORM 13F INFORMATION TABLE
<TABLE>
<CAPTION>
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
------------------ ---------------------
Value Shrs or sh/ put/ Investment Other Voting Authority
Name of Issuer Title of Class Cusip (x$1000) Prn Amt prn call Discretion Managers Sole Shared None
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
GRAINGER W W INC COM 384802104 2,376 49,700 sh Sole 49,700
GTE CORP COM 362320103 7,762 110,000 sh Sole 110,000
GUIDANT CORP COM 401698105 1,720 36,600 sh Sole 36,600
HALLIBURTON CO HLDG COM 406216101 3,019 75,000 sh Sole 75,000
HARTFORD FINL SERVICES GROUP INC COM 416515104 1,753 37,000 sh Sole 37,000
HARTFORD LIFE INC CL A 416592103 1,408 32,000 sh Sole 32,000
HEALTH MGMT ASSOC INC NEW CL A 421933102 668 49,968 sh Sole 49,968
HEINZ H J CO COM 423074103 1,171 29,400 sh Sole 29,400
HERSHEY FOODS CORP COM 427866108 1,713 36,100 sh Sole 36,100
HEWLETT PACKARD CO COM 428236103 14,333 126,000 sh Sole 126,000
HILFIGER TOMMY CORP ORD G8915Z102 1,987 85,000 sh Sole 85,000
HNC SOFTWARE INC COM 40425P107 2,115 20,000 sh Sole 20,000
HOME DEPOT INC COM 437076102 16,706 243,000 sh Sole 243,000
HONEYWELL INTERNATIONAL INC COM 438516106 7,009 121,500 sh Sole 121,500
HOUSEHOLD INTL INC COM 441815107 1,974 53,000 sh Sole 53,000
HUBBELL INC CL B 443510201 850 31,200 sh Sole 31,200
I2 TECHNOLOGIES INC COM 465754109 1,950 10,000 sh Sole 10,000
IBM CORP COM 459200101 25,135 233,000 sh Sole 233,000
ILLINOIS TOOL WKS INC COM 452308109 6,432 95,200 sh Sole 95,200
INTEL CORP COM 458140100 34,325 417,000 sh Sole 417,000
INTERNATIONAL PAPER CO COM 460146103 1,129 20,000 sh Sole 20,000
INTERPUBLIC GROUP COS INC COM 460690100 6,346 110,000 sh Sole 110,000
JABIL CIRCUIT INC COM 466313103 1,460 20,000 sh Sole 20,000
JEFFERSON PILOT CORP COM 475070108 2,894 42,400 sh Sole 42,400
JOHNSON & JOHNSON COM 478160104 15,237 163,400 sh Sole 163,400
JOHNSON CTLS INC COM 478366107 1,706 30,000 sh Sole 30,000
JUNIPER NETWORKS INC COM 48203R104 29,191 85,857 sh Sole 85,857
K MART CORPORATION COM 482584109 958 95,200 sh Sole 95,200
KEANE INC COM 486665102 3,039 94,600 sh Sole 94,600
KELLOGG CO COM 487836108 616 20,000 sh Sole 20,000
KIMBERLY CLARK CORP COM 494368103 9,489 145,000 sh Sole 145,000
KIMCO RLTY CORP COM 49446R109 403 11,900 sh Sole 11,900
KLA-TENCOR CORP COM 482480100 2,228 20,000 sh Sole 20,000
KOHLS CORP COM 500255104 1,733 24,000 sh Sole 24,000
KROGER CO COM 501044101 2,843 150,600 sh Sole 150,600
LANCASTER COLONY CORP COM 513847103 497 15,000 sh Sole 15,000
LENNAR CORP COM 526057104 333 20,500 sh Sole 20,500
LILLY ELI & CO COM 532457108 8,884 133,600 sh Sole 133,600
LIMITED INC COM 532716107 1,516 35,000 sh Sole 35,000
LINEAR TECHNOLOGY CORP COM 535678106 2,719 38,000 sh Sole 38,000
</TABLE>
5
<PAGE> 8
FORM 13F INFORMATION TABLE
<TABLE>
<CAPTION>
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
------------------ ----------------------
Value Shrs or sh/ put/ Investment Other Voting Authority
Name of Issuer Title of Class Cusip (x$1000) Prn Amt prn call Discretion Managers Sole Shared None
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
LOCKHEED MARTIN CORP COM 539830109 438 20,000 sh Sole 20,000
LORAL SPACE & COMMUNICATION LTD COM G56462107 1,033 42,500 sh Sole 42,500
LOWES COS INC COM 548661107 2,988 50,000 sh Sole 50,000
LUCENT TECHNOLOGIES INC COM 549463107 28,695 382,600 sh Sole 382,600
MACK-CALI REALTY CORP COM 554489104 302 11,600 sh Sole 11,600
MARRIOTT INTL INC NEW CL A 571903202 915 29,000 sh Sole 29,000
MARSH & MCLENNAN COS INC COM 571748102 3,349 35,000 sh Sole 35,000
MASCO CORP COM 574599106 2,715 107,000 sh Sole 107,000
MASCOTECH INC COM 574670105 393 31,000 sh Sole 31,000
MATTEL INC COM 577081102 499 38,000 sh Sole 38,000
MAXIM INTEGRATED PRODS INC COM 57772K101 4,813 102,000 sh Sole 102,000
MAY DEPT STORES CO COM 577778103 1,709 53,000 sh Sole 53,000
MBIA INC COM 55262C100 2,414 45,700 sh Sole 45,700
MBNA CORP COM 55262L100 2,861 105,000 sh Sole 105,000
MCDONALDS CORP COM 580135101 4,434 110,000 sh Sole 110,000
MCGRAW-HILL COMPANIES INC COM 580645109 616 10,000 sh Sole 10,000
MCI WORLDCOM INC COM 55268B106 20,496 386,250 sh Sole 386,250
MCKESSON HBOC INC COM 58155Q103 700 31,100 sh Sole 31,100
MEAD CORP COM 582834107 869 20,000 sh Sole 20,000
MEDTRONIC INC COM 585055106 4,707 129,182 sh Sole 129,182
MELLON FINL CORP COM 58551A108 2,759 81,000 sh Sole 81,000
MERCK & CO INC COM 589331107 19,444 289,400 sh Sole 289,400
MERRILL LYNCH & CO INC COM 590188108 3,791 45,500 sh Sole 45,500
MGIC INVT CORP WIS COM 552848103 782 13,000 sh Sole 13,000
MICROCHIP TECHNOLOGY INC COM 595017104 4,243 62,000 sh Sole 62,000
MICRON TECHNOLOGY INC COM 595112103 2,255 29,000 sh Sole 29,000
MICROSOFT CORP COM 594918104 73,322 628,022 sh Sole 628,022
MINNESOTA MNG & MFG COM 604059105 4,923 50,300 sh Sole 50,300
MOLEX INC CL A 608554200 1,946 43,000 sh Sole 43,000
MONSANTO CO COM 611662107 3,363 94,900 sh Sole 94,900
MORGAN J P & CO INC COM 616880100 2,786 22,000 sh Sole 22,000
MORGAN STANLEY DEAN WITTER & CO COM 617446448 14,989 105,000 sh Sole 105,000
MOTOROLA INC COM 620076109 10,455 71,000 sh Sole 71,000
NATIONAL CITY CORP COM 635405103 711 30,000 sh Sole 30,000
NATIONAL DATA CORP COM 635621105 329 9,700 sh Sole 9,700
NEWELL RUBBERMAID INC COM 651229106 1,024 35,300 sh Sole 35,300
NEWPARK RESOURCES INC NEW COM 651718504 858 140,000 sh Sole 140,000
NEWS CORP LTD SP ADR PFD 652487802 2,508 75,000 sh Sole 75,000
NIKE INC CL B 654106103 496 10,000 sh Sole 10,000
NISOURCE INC COM 65473P105 479 26,800 sh Sole 26,800
</TABLE>
6
<PAGE> 9
FORM 13F INFORMATION TABLE
<TABLE>
<CAPTION>
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
------------------- ----------------------
Value Shrs or sh/ put/ Investment Other Voting Authority
Name of Issuer Title of Class Cusip (x$1000) Prn Amt prn call Discretion Managers Sole Shared None
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
NORDSON CORP COM 655663102 483 10,000 sh Sole 10,000
NORDSTROM INC COM 655664100 1,026 39,000 sh Sole 39,000
NORFOLK SOUTHERN CORP COM 655844108 1,435 70,000 sh Sole 70,000
NORTEL NETWORKS CORP COM 656569100 24,613 243,692 sh Sole 243,692
NORTHERN TRUST CORP COM 665859104 2,385 45,000 sh Sole 45,000
NORTHPOINT COMMUNICATIONS COM 666610100 4,398 183,241 sh Sole 183,241
NUCOR CORP COM 670346105 3,563 65,000 sh Sole 65,000
OFFICE DEPOT INC COM 676220106 1,228 111,600 sh Sole 111,600
OM GROUP INC COM 670872100 1,722 50,000 sh Sole 50,000
OMNICOM GROUP INC COM 681919106 7,000 70,000 sh Sole 70,000
ORACLE CORPORATION COM 68389X105 6,724 60,000 sh Sole 60,000
OUTBACK STEAKHOUSE INC COM 689899102 2,334 90,000 sh Sole 90,000
PARAMETRIC TECHNOLOGY CORP COM 699173100 4,059 150,000 sh Sole 150,000
PAYCHEX INC COM 704326107 5,806 145,150 sh Sole 145,150
PENNEY J C INC COM 708160106 301 15,089 sh Sole 15,089
PEOPLESOFT INC COM 712713106 959 45,000 sh Sole 45,000
PEPSICO INC COM 713448108 8,538 242,200 sh Sole 242,200
PFIZER INC COM 717081103 15,346 473,100 sh Sole 473,100
PHARMACIA & UPJOHN INC COM 716941109 2,778 61,740 sh Sole 61,740
PHELPS DODGE CORP COM 717265102 1,011 15,000 sh Sole 15,000
PHILLIPS PETE CO COM 718507106 1,880 40,000 sh Sole 40,000
PITNEY BOWES INC COM 724479100 483 10,000 sh Sole 10,000
PMC-SIERRA INC COM 69344F106 5,136 32,035 sh Sole 32,035
POWERTEL INC COM 73936C109 4,005 39,900 sh Sole 39,900
PPG INDS INC COM 693506107 313 5,000 sh Sole 5,000
PRECISION CASTPARTS COM 740189105 420 16,000 sh Sole 16,000
PROCTER & GAMBLE CO COM 742718109 16,927 154,500 sh Sole 154,500
PROVIDIAN FINL CORP COM 74406A102 455 5,000 sh Sole 5,000
PULTE CORP COM 745867101 709 31,500 sh Sole 31,500
QWEST COMMUNICATIONS INTL INC COM 749121109 9,090 211,400 sh Sole 211,400
RADIAN GROUP INC COM 750236101 239 5,000 sh Sole 5,000
RATIONAL SOFTWARE CORP COM 75409P202 1,032 21,000 sh Sole 21,000
RAYTHEON CO CL A 755111309 1,067 43,000 sh Sole 43,000
RITE AID CORP STORES COM 767754104 434 39,000 sh Sole 39,000
ROPER INDS INC NEW COM 776696106 189 5,000 sh Sole 5,000
ROYAL DUTCH PETE CO NY REG GLD1.25 780257804 20,319 335,500 sh Sole 335,500
S1 CORPORATION COM 78463B101 541 6,923 sh Sole 6,923
SAFEWAY INC COM 786514208 3,554 99,400 sh Sole 99,400
SANMINA CORP COM 800907107 3,096 31,000 sh Sole 31,000
SARA LEE CORPORATION COM 803111103 3,989 180,800 sh Sole 180,800
</TABLE>
7
<PAGE> 10
FORM 13F INFORMATION TABLE
<TABLE>
<CAPTION>
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
------------------- ---------------------
Value Shrs or sh/ put/ Investment Other Voting Authority
Name of Issuer Title of Class Cusip (x$1000) Prn Amt prn call Discretion Managers Sole Shared None
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SBC COMMUNICATIONS INC COM 78387G103 21,485 440,718 sh Sole 440,718
SCHERING PLOUGH CORP COM 806605101 7,568 178,600 sh Sole 178,600
SCHLUMBERGER LTD COM 806857108 6,174 110,000 sh Sole 110,000
SCHWAB CHARLES CORP NEW COM 808513105 1,148 30,000 sh Sole 30,000
SCIENT CORP COM 80864H109 7,962 92,112 sh Sole 92,112
SEALED AIR CORP NEW COM 81211K100 1,036 20,000 sh Sole 20,000
SEARS ROEBUCK & CO COM 812387108 1,291 42,500 sh Sole 42,500
SIGCORP INC COM 826912107 405 17,800 sh Sole 17,800
SIMON PROPERTY GROUP INC COM 828806109 745 32,500 sh Sole 32,500
SODEXHO MARRIOTT SERVICES INC COM 833793102 163 12,500 sh Sole 12,500
SOLECTRON CORP COM 834182107 1,427 15,000 sh Sole 15,000
SOUTHERN CO COM 842587107 731 31,100 sh Sole 31,100
SOUTHWEST AIRLINES CO COM 844741108 4,596 285,000 sh Sole 285,000
SPIEKER PROPERTIES INC COM 848497103 437 12,000 sh Sole 12,000
SPRINT CORP COM FON GROUP 852061100 9,814 145,800 sh Sole 145,800
SPRINT CORP PCS COM SER 1 852061506 5,535 54,000 sh Sole 54,000
STAPLES INC COM 855030102 1,552 74,800 sh Sole 74,800
STARBUCKS CORP COM 855244109 776 32,000 sh Sole 32,000
STATE STREET CORP COM 857477103 1,461 20,000 sh Sole 20,000
STERLING COMMERCE INC COM 859205106 360 10,600 sh Sole 10,600
SUN MICROSYSTEMS INC COM 866810104 14,558 188,000 sh Sole 188,000
SUNTRUST BANKS INC COM 867914103 2,684 39,000 sh Sole 39,000
SYNOPSYS INC COM 871607107 2,470 37,000 sh Sole 37,000
SYSCO COM 871829107 989 25,000 sh Sole 25,000
TAUBMAN CTRS INC COM 876664103 106 9,900 sh Sole 9,900
TECHNOLOGY SOLUTIONS CO COM 87872T108 1,919 58,600 sh Sole 58,600
TELIGENT INC CL A 87959Y103 1,235 20,000 sh Sole 20,000
TELLABS INC COM 879664100 9,384 146,200 sh Sole 146,200
TETRA TECH INC NEW COM 88162G103 2,644 171,937 sh Sole 171,937
TEXACO INC COM 881694103 3,530 65,000 sh Sole 65,000
TEXAS INSTRS INC COM 882508104 10,049 104,000 sh Sole 104,000
TEXTRON INC COM 883203101 3,911 51,000 sh Sole 51,000
THREE COM CORP COM 885535104 940 20,000 sh Sole 20,000
TIME WARNER INC COM 887315109 12,293 170,000 sh Sole 170,000
TOO INC COM 890333107 104 6,000 sh Sole 6,000
TOOTSIE ROLL INDS INC COM 890516107 329 10,000 sh Sole 10,000
TRANSOCEAN SEDCO FOREX INC ORD G90078109 717 21,296 sh Sole 21,296
TRAVELERS PROPERTY CASUALTY CORP COM 893939108 343 10,000 sh Sole 10,000
TRIBUNE COMPANY COM 896047107 826 15,000 sh Sole 15,000
TRICON GLOBAL RESTAURANTS INC COM 895953107 1,082 28,000 sh Sole 28,000
</TABLE>
8
<PAGE> 11
FORM 13F INFORMATION TABLE
<TABLE>
<CAPTION>
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
------------------ ---------------------
Value Shrs or sh/ put/ Investment Other Voting Authority
Name of Issuer Title of Class Cusip (x$1000) Prn Amt prn call Discretion Managers Sole Shared None
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
TYCO INTERNATIONAL LTD COM 902124106 10,452 268,000 sh Sole 268,000
UAL CORP COM PAR $0.01 902549500 1,629 21,000 sh Sole 21,000
UNILEVER NV NY SHS 904784709 2,333 42,857 sh Sole 42,857
UNION CARBIDE CORP COM 905581104 801 12,000 sh Sole 12,000
UNION PACIFIC CORP COM 907818108 1,529 35,000 sh Sole 35,000
UNION PACIFIC RESOURCES GRP COM 907834105 371 29,100 sh Sole 29,100
UNITED PARCEL SERVICE CL B 911312106 1,035 15,000 sh Sole 15,000
UNITED TECHNOLOGIES CORP COM 913017109 4,908 75,500 sh Sole 75,500
UNIVERSAL HEALTH SVCS INC CL B 913903100 151 4,200 sh Sole 4,200
UNOCAL CORPORATION COM 915289102 977 29,100 sh Sole 29,100
UNUMPROVIDENT CORP COM 91529Y106 946 29,500 sh Sole 29,500
US BANCORP COM 902973106 2,810 118,000 sh Sole 118,000
VALSPAR CORP COM 920355104 4,648 111,000 sh Sole 111,000
VERITAS SOFTWARE CO COM 923436109 10,305 72,000 sh Sole 72,000
VIACOM INC CL B 925524308 2,418 40,000 sh Sole 40,000
VISIO CORP COM 927914101 950 20,000 sh Sole 20,000
VODAFONE AIRTOUCH PLC SPONSORED ADR 92857T107 13,278 268,250 sh Sole 268,250
VULCAN MATLS CO COM 929160109 399 10,000 sh Sole 10,000
WACHOVIA CORP NEW COM 929771103 1,768 26,000 sh Sole 26,000
WAL MART STORES INC COM 931142103 37,673 545,000 sh Sole 545,000
WALGREEN CO COM 931422109 3,580 122,400 sh Sole 122,400
WARNER LAMBERT CO COM 934488107 8,419 102,748 sh Sole 102,748
WASHINGTON MUTUAL INC COM 939322103 906 35,000 sh Sole 35,000
WASTE MANAGEMENT INC COM 94106L109 1,220 71,000 sh Sole 71,000
WELLPOINT HLTH NETWORKS INC NEW COM 94973H108 539 8,167 sh Sole 8,167
WELLS FARGO & CO NEW COM 949746101 12,738 315,000 sh Sole 315,000
WEYERHAEUSER CO COM 962166104 3,591 50,000 sh Sole 50,000
WHIRLPOOL CORP COM 963320106 2,863 44,000 sh Sole 44,000
WILLIAMETTE INDUS COM 969133107 2,322 50,000 sh Sole 50,000
WILLIAMS COS INC COM 969457100 1,479 48,400 sh Sole 48,400
WILLIAMS SONOMA INC COM 969904101 1,104 24,000 sh Sole 24,000
WINSTAR COMMUNICATIONS INC COM 975515107 1,129 15,000 sh Sole 15,000
WISCONSIN CENT TRANSN CORP COM 976592105 336 25,000 sh Sole 25,000
WRIGLEY WM JR CO COM 982526105 2,488 30,000 sh Sole 30,000
XEROX CORP COM 984121103 2,087 92,000 sh Sole 92,000
XILINX INC COM 983919101 7,912 174,000 sh Sole 174,000
YAHOO INC COM 984332106 7,289 16,847 sh Sole 16,847
</TABLE>
9
