UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: Sept. 30, 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: White Mountain Investment, Inc.
Address: 114 North Main Street
Suite 301
Concord, NH 03301
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: Cynthia J. Rouvalis
Title: Portfolio Manager
Phone: 603-224-2330
Signature, Place, and Date of Signing:
Concord, NH November 10, 1999
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager: None.
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers:0
Form 13F Information Table Entry Total:93
Form 13F Information Table Value Total: 154783
List of Other Included Managers: None.
No. 13F File Number Name
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WHITE MOUNTAIN INVESTMENT, INC.
FORM 13F
September 30, 1999
Voting Authority
--------------------------
Value Shares/ Sh/ Put/ Invstmt Other
Name of Title ofCUSIP (x$1000)Prn Amt Prn Call Dscretn ManagersSole Shared None
- ------------------------------------------- ---- ------- --------------------------------
H & Q LiMFE 40405310 245 17377SH Sole 4500 12877
Morgan SMFE 61744G10 161 14631SH Sole 7505 7126
Mass MutMFF 57629210 557 26000SH Sole 8000 18000
MuniVestMFF 62629510 116 14000SH Sole 14000
AES CorpCOM 00130H10 513 8700SH Sole 8700
AMB PropCOM 00163T10 597 28200SH Sole 1500 26700
Abbott LCOM 00282410 572 15600SH Sole 2000 13600
Acxiom CCOM 00512510 1417 72100SH Sole 22300 49800
AmericanCOM 02581610 202 1500SH Sole 1500
AmericanCOM 02660910 1963 47300SH Sole 13000 34300
AmericanCOM 02687410 4533 52144SH Sole 10076 42068
AmeritecCOM 03095410 325 4864SH Sole 4864
ArchstonCOM 03958110 966 48899SH Sole 15694 33205
Bank OneCOM 06423A10 1008 28943SH Sole 6000 22943
Bank of COM 06405710 2153 64400SH Sole 32400 32000
Barrett COM 06848020 443 12000SH Sole 12000
Becton DCOM 07588710 819 29200SH Sole 10300 18900
BellSoutCOM 07986010 251 5580SH Sole 5580
Boston PCOM 10112110 249 8100SH Sole 8100
Bradley COM 10458010 820 44600SH Sole 19600 25000
Bristol-COM 11012210 1316 19500SH Sole 1500 18000
BrooklinCOM 11373910 204 20000SH Sole 20000
BurlingtCOM 12189T10 639 23250SH Sole 23250
BurlingtCOM 12201410 1080 29386SH Sole 8800 20586
CeridianCOM 15677T10 318 12800SH Sole 3000 9800
Chubb CoCOM 17123210 2084 42000SH Sole 11100 30900
Cisco SyCOM 17275R10 13630 198800SH Sole 21000 177800
Coca ColCOM 19121610 388 8039SH Sole 3600 4439
ConvergyCOM 21248510 1868 94300SH Sole 21000 73300
Corning COM 21935010 2239 32655SH Sole 5400 27255
DII GrouCOM 23294910 1982 56324SH Sole 19400 36924
DuPont COM 26353410 277 4580SH Sole 4580
EMC COM 26864810 1756 24600SH Sole 24600
EOG ResoCOM 26875P10 259 12200SH Sole 6000 6200
Emerson COM 29101110 219 3470SH Sole 3470
Enron COM 29356110 2497 60800SH Sole 24200 36600
Enzon InCOM 29390410 2581 84634SH Sole 84634
Exxon CoCOM 30229010 2303 30304SH Sole 30304
FDX CorpCOM 31304N10 498 12800SH Sole 4000 8800
Fair IsaCOM 30325010 421 15000SH Sole 3500 11500
Fannie MCOM 31358610 10811 172454SH Sole 41500 130954
Fed. HomCOM 31340030 1539 29600SH Sole 16000 13600
Fiserv ICOM 33773810 420 12937SH Sole 12937
GTE CorpCOM 36232010 489 6365SH Sole 6365
Gartner COM 36665110 915 57200SH Sole 23500 33700
General COM 36960410 14083 118778SH Sole 25500 93278
GilletteCOM 37576610 1809 53300SH Sole 19600 33700
HalliburCOM 40621610 730 17800SH Sole 6500 11300
Health CCOM 42191510 554 21100SH Sole 8800 12300
Hewlett COM 42823610 884 9736SH Sole 2000 7736
Home DepCOM 43707610 9057 131974SH Sole 32992 98982
HoneywelCOM 43850610 1408 12650SH Sole 1000 11650
IDEXX LaCOM 45168D10 172 10004SH Sole 10004
IMS HealCOM 44993410 1417 62120SH Sole 16400 45720
IndependCOM 45383610 397 30375SH Sole 30375
Intel CoCOM 45814010 2663 35840SH Sole 15000 20840
InternatCOM 45920010 4420 36532SH Sole 1000 35532
J.P. MorCOM 61688010 274 2400SH Sole 2400
Johnson COM 47816010 3751 40832SH Sole 5200 35632
Kronos COM 50105210 488 13300SH Sole 13300
Lucent TCOM 54946310 391 6032SH Sole 6032
MCI WorlCOM 98155K10 201 2797SH Sole 2797
MedtroniCOM 58505510 2134 60000SH Sole 6000 54000
Merck COM 58933110 7458 115070SH Sole 23620 91450
Miller HCOM 60054410 1797 75150SH Sole 17500 57650
Mobil CoCOM 60705910 459 4560SH Sole 4560
Molex 'ACOM 60855420 1839 56808SH Sole 18216 38592
Mutual RCOM 62835110 1321 107868SH Sole 17332 90536
Nestle ACOM 64106940 977 10400SH Sole 2000 8400
New YorkCOM 65011110 3112 83000SH Sole 21800 61200
Nortel NCOM 65656910 409 8026SH Sole 8026
Paychex,COM 70432610 768 22500SH Sole 11250 11250
Pfizer ICOM 71708110 237 6600SH Sole 6600
Philip MCOM 71815410 2123 62100SH Sole 62100
Pitney BCOM 72447910 2377 39000SH Sole 4000 35000
Procter COM 74271810 2880 30724SH Sole 3600 27124
Royal DuCOM 78025780 1338 22656SH Sole 4400 18256
ScheringCOM 80660510 899 20600SH Sole 20600
SchlumbeCOM 80685710 614 9852SH Sole 1000 8852
Simon PrCOM 82880610 485 21600SH Sole 8000 13600
Staples COM 85503010 1337 61295SH Sole 12375 48920
State StCOM 85747710 258 4000SH Sole 4000
SterlingCOM 85920510 804 43300SH Sole 12700 30600
Sykes EnCOM 87123710 763 30900SH Sole 6000 24900
SynopsysCOM 87160710 2797 49800SH Sole 13700 36100
TransatlCOM 89352110 421 6000SH Sole 6000
Tyco COM 90212410 889 8607SH Sole 2000 6607
UnileverCOM 90478450 1338 19642SH Sole 2857 16785
WPI GrouCOM 92930K10 30 10000SH Sole 10000
Waste MaCOM 94106L10 348 18096SH Sole 18096
Wells FaCOM 94974010 2100 53000SH Sole 10000 43000
Xerox CoCOM 98412110 411 9800SH Sole 9800
Young & COM 98742510 713 16200SH Sole 5000 11200
REPORT S 93DATA REC 154783 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
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