UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 2000
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 May 4, 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: 84
Form 13F Information Table Value Total: 188,103
List of Other Included Managers: None.
No. 13F File Number Name
WHITE MOUNTAIN INVESTMENT, INC.
FORM 13F
March 31, 2000
<TABLE>
Voting Authority
--------------------------
Value Shares/ Sh/ Put/ Invstmt Other
Name of Title ofCUSIP (x$1000)Prn Amt Prn Call Dscretn ManagersSole Shared None
- ------------------------------------------- ---- ------- --------------------------------
<S> <C> <C> <C> <S> <C>
H & Q LiMFE 40405310 395 13610SH Sole 13610
Morgan SMFE 61744G10 177 10172SH Sole 7505 2667
Mass MutMFF 57629210 458 23500SH Sole 11000 12500
MuniVestMFF 62629510 219 28000SH Sole 28000
AES CorpCOM 00130H10 685 8700SH Sole 8700
AMB PropCOM 00163T10 789 36700SH Sole 10500 26200
Abbott LCOM 00282410 479 13600SH Sole 2000 11600
Acxiom CCOM 00512510 552 16600SH Sole 11800 4800
AmericanCOM 02581610 223 1500SH Sole 1500
AmericanCOM 02660910 2333 43400SH Sole 11000 32400
AmericanCOM 02687410 5829 53231SH Sole 10076 43155
ArchstonCOM 03958110 831 41704SH Sole 15694 26010
Bank OneCOM 06423A10 353 10243SH Sole 10243
Bank of COM 06405710 2469 59400SH Sole 30400 29000
Barrett COM 06848020 358 12000SH Sole 12000
BellSoutCOM 07986010 255 5450SH Sole 5450
Boston PCOM 10112110 239 7500SH Sole 7500
Bradley COM 10458010 684 40100SH Sole 19600 20500
Bristol-COM 11012210 1131 19500SH Sole 1500 18000
BurlingtCOM 12201410 1653 44686SH Sole 12800 31886
CMGi (suCOM 12575010 637 5620SH Sole 5620
CVS COM 12665010 2280 60700SH Sole 18500 42200
CardinalCOM 14149Y10 4542 99000SH Sole 25300 73700
Chubb CoCOM 17123210 2446 36200SH Sole 11100 25100
Cisco SyCOM 17275R10 27201 351836SH Sole 25200 326636
CitigrouCOM 17303410 259 4330SH Sole 4330
Coca ColCOM 19121610 368 7839SH Sole 3600 4239
ConvergyCOM 21248510 4097 105900SH Sole 23000 82900
Corning COM 21935010 4055 20900SH Sole 3100 17800
DuPont COM 26353410 242 4580SH Sole 4580
EMC COM 26864810 3038 24112SH Sole 24112
EOG ResoCOM 26875P10 216 10200SH Sole 4000 6200
El Paso COM 28390510 1340 33200SH Sole 9000 24200
Enron COM 29356110 3972 53050SH Sole 19800 33250
Enzon InCOM 29390410 2888 76634SH Sole 76634
Exxon MoCOM 30232G10 1973 25312SH Sole 25312
FEDEX CoCOM 31304N10 497 12800SH Sole 4000 8800
Fair IsaCOM 30325010 583 15000SH Sole 3500 11500
Fannie MCOM 31358610 10320 182454SH Sole 44300 138154
Fed. HomCOM 31340030 1308 29600SH Sole 16000 13600
Fiserv ICOM 33773810 481 12937SH Sole 12937
Fleet BoCOM 33891510 241 6605SH Sole 4000 2605
GTE CorpCOM 36232010 314 4416SH Sole 4416
Gartner COM 36665110 458 29100SH Sole 12000 17100
General COM 36960410 17540 112709SH Sole 24600 88109
GilletteCOM 37576610 1990 52800SH Sole 19600 33200
Health CCOM 42191510 542 21300SH Sole 11800 9500
Hewlett COM 42823610 1161 8736SH Sole 2000 6736
Home DepCOM 43707610 11578 179501SH Sole 40988 138513
HoneywelCOM 43851610 1483 28152SH Sole 6875 21277
IndependCOM 45383610 363 30375SH Sole 30375
Intel CoCOM 45814010 6226 47190SH Sole 21400 25790
InternatCOM 45920010 3204 27152SH Sole 1000 26152
J.P. MorCOM 61688010 316 2400SH Sole 2400
Johnson COM 47816010 3192 45432SH Sole 5400 40032
Kronos COM 50105210 551 18600SH Sole 800 17800
Lucent TCOM 54946310 211 3440SH Sole 3440
MedtroniCOM 58505510 3035 59000SH Sole 6000 53000
Merck COM 58933110 7057 113597SH Sole 23620 89977
Miller HCOM 60054410 1900 67850SH Sole 15500 52350
Molex 'ACOM 60855420 3033 68341SH Sole 20110 48231
Mutual RCOM 62835110 1714 85702SH Sole 12666 73036
Nestle ACOM 64106940 896 10000SH Sole 2000 8000
New YorkCOM 65011110 3195 74400SH Sole 19800 54600
Nortel NCOM 65656810 634 5026SH Sole 5026
Paychex,COM 70432610 1178 22500SH Sole 11250 11250
Pfizer ICOM 71708110 241 6600SH Sole 6600
Pitney BCOM 72447910 2637 59000SH Sole 14000 45000
Procter COM 74271810 4004 70874SH Sole 19300 51574
Royal DuCOM 78025780 1310 22656SH Sole 4400 18256
S.B.C. CCOM 78387G10 270 6400SH Sole 6400
ScheringCOM 80660510 921 24800SH Sole 1200 23600
Simon PrCOM 82880610 364 15600SH Sole 8000 7600
Staples COM 85503010 2784 139195SH Sole 31175 108020
State StCOM 85747710 387 4000SH Sole 4000
Sykes EnCOM 87123710 570 29900SH Sole 6000 23900
SynopsysCOM 87160710 2330 47800SH Sole 13700 34100
TransatlCOM 89352110 513 6000SH Sole 6000
Tyco COM 90212410 2712 54114SH Sole 14700 39414
UnileverCOM 90478450 945 19642SH Sole 2857 16785
WPI GrouCOM 92930K10 17 10000SH Sole 10000
Waste MaCOM 94106L10 248 18096SH Sole 18096
Wells FaCOM 94974610 2363 58000SH Sole 10000 48000
Young & COM 98742510 620 13200SH Sole 5000 8200
REPORT S 84DATA REC 188103 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
</TABLE>
