UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: Dec. 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: 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 February 11, 2000
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: 92
Form 13F Information Table Value Total: 183,889
List of Other Included Managers: None.
No. 13F File Number Name
WHITE MOUNTAIN INVESTMENT, INC.
FORM 13F
December 31, 1999
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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 367 18366SH Sole 4756 13610
Morgan SMFE 61744G10 166 10172SH Sole 7505 2667
Mass MutMFF 57629210 460 21500SH Sole 9000 12500
MuniVestMFF 62629510 283 36000SH Sole 36000
AES CorpCOM 00130H10 650 8700SH Sole 8700
AMB PropCOM 00163T10 552 27700SH Sole 1500 26200
Abbott LCOM 00282410 494 13600SH Sole 2000 11600
Acxiom CCOM 00512510 398 16600SH Sole 11800 4800
AmericanCOM 02581610 249 1500SH Sole 1500
AmericanCOM 02660910 1703 43400SH Sole 11000 32400
AmericanCOM 02687410 5539 51231SH Sole 10076 41155
ArchstonCOM 03958110 855 41704SH Sole 15694 26010
Bank OneCOM 06423A10 328 10243SH Sole 10243
Bank of COM 06405710 2376 59400SH Sole 30400 29000
Barrett COM 06848020 353 12000SH Sole 12000
BellSoutCOM 07986010 255 5450SH Sole 5450
Boston PCOM 10112110 233 7500SH Sole 7500
Bradley COM 10458010 699 40100SH Sole 19600 20500
Bristol-COM 11012210 1252 19500SH Sole 1500 18000
BurlingtCOM 12189T10 473 19500SH Sole 19500
BurlingtCOM 12201410 796 24086SH Sole 8800 15286
CMGi (suCOM 12575010 778 2810SH Sole 2810
CVS COM 12665010 1093 27400SH Sole 11000 16400
CardinalCOM 14149y10 2987 62400SH Sole 18500 43900
Chubb CoCOM 17123210 2095 37200SH Sole 11100 26100
Cisco SyCOM 17275R10 21191 197813SH Sole 21000 176813
CitigrouCOM 17303410 241 4330SH Sole 4330
Coca ColCOM 19121610 468 8039SH Sole 3600 4439
ConvergyCOM 21248510 3238 105300SH Sole 23000 82300
Corning COM 21935010 3888 30155SH Sole 5400 24755
DII GrouCOM 23294910 3146 44324SH Sole 12900 31424
DuPont COM 26353410 302 4580SH Sole 4580
EMC COM 26864810 2634 24112SH Sole 24112
EOG ResoCOM 26875P10 179 10200SH Sole 4000 6200
Enron COM 29356110 2609 58800SH Sole 24200 34600
Enzon InCOM 29390410 3497 80634SH Sole 80634
Exxon MoCOM 30232G10 2845 35312SH Sole 35312
FDX CorpCOM 31304N10 524 12800SH Sole 4000 8800
Fair IsaCOM 30325010 795 15000SH Sole 3500 11500
Fannie MCOM 31358610 10530 168654SH Sole 41500 127154
Fed. HomCOM 31340030 1393 29600SH Sole 16000 13600
Fiserv ICOM 33773810 496 12937SH Sole 12937
Fleet BoCOM 33891510 230 6605SH Sole 4000 2605
GTE CorpCOM 36232010 312 4416SH Sole 4416
Gartner COM 36665110 490 32100SH Sole 15000 17100
General COM 36960410 18256 117972SH Sole 25500 92472
GilletteCOM 37576610 2175 52800SH Sole 19600 33200
HalliburCOM 40621610 616 15300SH Sole 4000 11300
Health CCOM 42191510 437 18300SH Sole 8800 9500
Hewlett COM 42823610 994 8736SH Sole 2000 6736
Home DepCOM 43707610 12946 188301SH Sole 46788 141513
HoneywelCOM 43851610 1336 23152SH Sole 1875 21277
IDEXX LaCOM 45168D10 161 10004SH Sole 10004
IMS HealCOM 44993410 1648 60620SH Sole 16400 44220
IndependCOM 45383610 380 30375SH Sole 30375
Intel CoCOM 45814010 3802 46190SH Sole 21400 24790
InternatCOM 45920010 4008 37152SH Sole 1000 36152
J.P. MorCOM 61688010 304 2400SH Sole 2400
Johnson COM 47816010 3808 40832SH Sole 5200 35632
Kronos COM 50105210 996 16600SH Sole 800 15800
Lucent TCOM 54946310 452 6032SH Sole 6032
MCI WorlCOM 98155K10 223 4195SH Sole 4195
MedtroniCOM 58505510 2150 59000SH Sole 6000 53000
Merck COM 58933110 7696 114541SH Sole 23620 90921
Miller HCOM 60054410 1607 69850SH Sole 17500 52350
Molex 'ACOM 60855420 2571 56808SH Sole 18216 38592
Mutual RCOM 62835110 1441 85702SH Sole 12666 73036
Nestle ACOM 64106940 948 10400SH Sole 2000 8400
New YorkCOM 65011110 3655 74400SH Sole 19800 54600
Nortel NCOM 65656910 811 8026SH Sole 8026
Paychex,COM 70432610 900 22500SH Sole 11250 11250
Pfizer ICOM 71708110 214 6600SH Sole 6600
Philip MCOM 71815410 1428 62100SH Sole 62100
Pitney BCOM 72447910 1932 40000SH Sole 5000 35000
Procter COM 74271810 3344 30524SH Sole 3600 26924
Royal DuCOM 78025780 1372 22656SH Sole 4400 18256
S.B.C. CCOM 78387G10 312 6400SH Sole 6400
ScheringCOM 80660510 873 20600SH Sole 20600
SchlumbeCOM 80685710 553 9852SH Sole 1000 8852
Simon PrCOM 82880610 358 15600SH Sole 8000 7600
Staples COM 85503010 2345 112995SH Sole 14175 98820
State StCOM 85747710 292 4000SH Sole 4000
SterlingCOM 85920510 850 25000SH Sole 14700 10300
Sykes EnCOM 87123710 1312 29900SH Sole 6000 23900
SynopsysCOM 87160710 3191 47800SH Sole 13700 34100
TransatlCOM 89352110 468 6000SH Sole 6000
Tyco COM 90212410 1830 46914SH Sole 12700 34214
UnileverCOM 90478450 1069 19642SH Sole 2857 16785
WPI GrouCOM 92930K10 24 10000SH Sole 10000
Waste MaCOM 94106L10 311 18096SH Sole 18096
Wells FaCOM 94974010 2143 53000SH Sole 10000 43000
Young & COM 98742510 906 12800SH Sole 4600 8200
REPORT S 92DATA REC 183889 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
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