Page 1 of 12 Pages
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
SOUTHERN UNION COMPANY
-----------------------------------------------------
(Name of Issuer)
COMMON
-----------------------------------------------------
(Title of Class of Securities)
844030106
-----------------------------------------------------
(CUSIP Number)
Check the following box if a fee is being paid with this statement [ ].
(A fee is not required only if the filing person: (1) has a previous statement
on file reporting beneficial ownership of more than five percent of the class
of securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
<PAGE>
<PAGE>
Page 2 of 12 Pages
Amendment Number 3 to Schedule 13G (continued)
CUSIP No. 844030106
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Baron Capital Group, Inc.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
--------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 131,250
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 4,072,287
REPORTING --------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 131,250
--------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
5,642,287
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,773,537
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.7%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
HC, CO
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
<PAGE>
Page 3 of 12 Pages
Amendment Number 3 to Schedule 13G (continued)
CUSIP No. 844030106
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
BAMCO, Inc.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
--------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 2,712,250
REPORTING --------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH
--------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
4,282,250
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,282,250
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.7%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IA, CO
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
<PAGE>
Page 4 of 12 Pages
Amendment Number 3 to Schedule 13G (continued)
CUSIP No. 844030106
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Baron Capital Management, Inc.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
--------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 131,250
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 1,360,037
REPORTING --------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 131,250
--------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,360,037
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,491,287
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
3.0%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IA, CO
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
<PAGE>
Page 5 of 12 Pages
Amendment Number 3 to Schedule 13G (continued)
CUSIP No. 844030106
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Baron Asset Fund
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
--------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 0
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 1,300,000
REPORTING --------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 0
--------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,870,000
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,870,000
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.8%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IV, OO
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
<PAGE>
Page 6 of 12 Pages
Amendment Number 3 to Schedule 13G (continued)
CUSIP No. 844030106
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Ronald Baron
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
--------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 131,250
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 4,072,287
REPORTING --------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 131,250
--------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
5,642,287
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,773,537
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.7%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
HC, IN
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
<PAGE>
Page 7 of 12 Pages
Item 1.
(a) Name of Issuer:
Southern Union Company
(b) Address of Issuer's Principal Executive Offices:
504 Lavack Street, 8th Floor
Austin, TX 78701
Item 2.
(a) Name of Persons Filing:
Baron Capital Group, Inc. ("BCG")
BAMCO, Inc. ("BAMCO")
Baron Capital Management, Inc. ("BCM")
Baron Asset Fund ("BAF")
Ronald Baron
(b) Address of Principal Business Office:
767 Fifth Avenue
New York, NY 10153
(c) Citizenship:
BCG, BAMCO and BCM are New York corporations,
BAF is a Massachusetts business trust, and Ronald
Baron is a citizen of the United States.
(d) Title of Class Securities:
Common
(e) CUSIP Number:
844030106
Item 3. PERSONS FILING:
BCG and Ronald Baron are:
(g) Parent holding companies, in accordance with
Section 240.13d-1(b)(ii)(G)
BAMCO and BCM are:
(e) Investment Advisers registered under Section 203 of
the Investment Advisers Act of 1940
BAF is:
(d) Investment Company registered under Section 8 of the
Investment Company Act
All persons filing are:
(h) Group, in accordance with Rule 13d-1(b)(1)(ii)(F)
<PAGE>
<PAGE>
Page 8 of 12 Pages
Item 4. OWNERSHIP^
(a) Amount Beneficially Owned as of June 29, 2000:
BCG: 5,773,537 shares
BAMCO: 4,282,250 shares
BCM: 1,491,287 shares
BAF: 2,870,000 shares
Ronald Baron: 5,773,537 shares
(b) Percent of Class:
BCG: 11.7%
BAMCO: 8.7%
BCM: 3.0%
BAF: 5.8%
Ronald Baron: 11.7%
^Reporting Persons may be deemed to share power to vote and dispose
of shares referred to herein as a result of control relationships
(BCG and Ronald Baron with respect to all of the shares; BAMCO with
respect to disposition of BAF shares) and pursuant to investment
advisory relationships with advisory clients. BAMCO and its related
control persons have no current power to vote certain shares owned
by BAF. BCG and Ronald Baron disclaim beneficial ownership of shares
held by their controlled entities (or the investment advisory clients
thereof). BAMCO and BCM disclaim beneficial ownership of shares held
by their investment advisory clients to the extent such shares are
held by persons other than BAMCO, BCM and their affiliates.
<PAGE>
<PAGE>
Page 9 of 12 Pages
(c) Number of shares as to which such person has:
(i) sole power to vote or direct the vote:
BCG: 131,250
BAMCO: 0
BCM: 131,250
BAF: 0
Ronald Baron: 131,250
(ii) shared power to vote or direct the vote:
BCG: 4,072,287
BAMCO: 2,712,250
BCM: 1,360,037
BAF: 1,300,000
Ronald Baron: 4,072,287
(iii) sole power to dispose or to direct
the disposition of:*
BCG: 131,250
BAMCO: 0
BCM: 131,250
BAF: 0
Ronald Baron: 131,250
(iv) shared power to dispose or direct
the disposition of:*
BCG: 5,642,287
BAMCO: 4,282,250
BCM: 1,491,287
BAF: 2,870,000
Ronald Baron: 5,642,287
Item 5. OWNERSHIP OF 5% OR LESS OF A CLASS
Not applicable.
Item 6. OWNERSHIP OF MORE THAN 5% ON BEHALF OF ANOTHER PERSON
No material change.
Item 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT
HOLDING COMPANY
No material change.
Item 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
See Item 3.
* By virtue of investment advisory agreements with their respective
clients, BAMCO and BCM have been given the discretion to dispose
or the direct disposition of the securities in the advisory accounts.
All such discretionary agreements, are however, revocable.
<PAGE>
<PAGE>
Page 10 of 12 Pages
Item 9. NOTICE OF DISSOLUTION OF GROUP
Not applicable.
Item 10. Certification
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired in the
ordinary course of business and were not acquired for the purpose
of and do not have the effect of changing or influencing the control
of the issuer of such securities and were not acquired in connection
with or as a participant in any transaction having such purposes or
effect.
Signature
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true,
complete and correct.
Date: July 7, 2000
Baron Capital Group, Inc.,
BAMCO, Inc., Baron Capital Management, Inc. and
Baron Asset Fund
By:
/s/ Ronald Baron
_______________________________________
Ronald Baron, Chairman and CEO
Ronald Baron, Individually
By:
/s/ Ronald Baron
_______________________________________
Ronald Baron
<PAGE>
<PAGE>
Page 11 of 12 Pages
Joint Filing Agreement
The undersigned each hereby agree that the Schedule 13G dated
July 7, 2000, which relates to the common stock of Southern Union
Company, is to be filed jointly on behalf of each of them
for the reasons stated therein, and any amendments thereto shall
be filed jointly by the undersigned.
Dated: July 7, 2000
Baron Capital Group, Inc.,
BAMCO, Inc., Baron Asset Fund
and Baron Capital Management, Inc.
By:
/s/ Ronald Baron
_______________________________________
Ronald Baron, Chairman and CEO
Ronald Baron, Individually
By:
/s/ Ronald Baron
_______________________________________
Ronald Baron
