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: Liberty Mutual Insurance Company
Address: 175 Berkeley Street
Boston, Massachusetts 02117
Form 13F File Number: 28-33
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: Joyce B. Riegel
Title: Vice President and Chief Compliance Officer
Phone: (312) 368-7727
Signature, Place, and Date of Signing:
/s/ Joyce B. Riegel Chicago, Illinois February 10, 2000
Report Type (Check only one.):
[XX] 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).)
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 179
Form 13F Information Table Value Total: $617,397
(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
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<TABLE>
FORM 13F INFORMATION TABLE
<CAPTION>
Column 1 Column 2 Column 3 Column Column 5 Column 6 Column 7 Column 8
Name of Issuer Title Fair Mrkt Shares Voting Authority
of CUSIP Value or Prin Investment Other (A) (B) (C)
Class Number ($000) Amount Discretion Managers Sole Shared None
- ------------------------------- ---------- --------- ------ --------- ----------- -------- -------- ------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ADC TELECOMMUNICATIONS Common 000886101 29 400 Sole 400
AT&T CORP Common 001957109 41 800 Sole 800
AT&T CORP - LIBERTY MEDIA Class A 001957208 341 6,000 Sole 6,000
ABBOT LABORATORIES Common 002824100 44 1,200 Sole 1,200
A C NIELSEN CORP. Common 004833109 1,777 72,149 Sole 72,149
ADAPTEC INC Common 00651F108 50 1,000 Sole 1,000
AEGON NV Amer Reg Sh 007924202 2,575 26,968 Defined 26,968
AIR PRODUCTS & CHEMICALS INC Common 009158106 13,301 396,324 Sole 396,324
CHECK POINT SOFTWARE TECH. INSN Spn ADR 010824113 1,053 5,300 Defined 5,300
IL0
ALBERTSONS INC Common 013104104 16 500 Sole 500
ALCOA INC Common 013817101 558 6,722 Sole 6,722
AMERICAN GENERAL CORP Common 026351106 25 325 Sole 325
AMERICAN HOME PRODUCTS Common 026609107 251 6,400 Sole 6,400
AMGEN Common 031162100 360 6,000 Sole 6,000
ANALOG DEVICES INC. Common 032654105 307 3,300 Sole 3,300
AUTOWEB COM, INC. Common 053331104 0 5 Sole 5
BANCO SANTANDER CEN Spn ADR 05964H105 1,089 93,120 Defined 93,120
BANK OF AMERICA CORP Common 060505104 163 3,253 Sole 3,253
BANK ONE CORPORATION Common 06423A103 26 810 Sole 810
BELL ATLANTIC CORP Common 077853109 37 600 Sole 600
BELLSOUTH CORP Common 079860102 281 6,000 Sole 6,000
H & R BLOCK Common 093671105 175 4,000 Defined 4,000
BRISTOL-MYERS CO. Common 110122108 706 11,000 Sole 11,000
BRITISH TELECOM Spn ADR 111021408 2,514 10,565 Defined 10,565
CBS Common 12490K107 288 4,500 Sole 4,500
CSG SYS IN'T Common 126349109 160 4,000 Sole 4,000
CADENCE DESIGN SYSTEM Common 127387108 24 1,000 Sole 1,000
CARNIVAL CORP CLASS-A Class A 143658102 263 5,500 Sole 5,500
CATERPILLAR TRACTOR CO Common 149123101 47 1,000 Sole 1,000
CENTURYTEL, INC Common 156700106 611 12,900 Sole 12,900
CHARTED SMEI CONDUCTOR Spn ADR 16133R106 854 11,700 Defined 10,200 1,500
CHASE MANHATTAN CORP Common 16161A108 610 7,850 Sole 7,850
CHEVRON CORP Common 166751107 201 2,325 Sole 2,325
CHILECTRA S.A. Spn ADR 168884104 84 4,400 Defined 4,400
CISCO SYS INC. Common 17275R102 1,286 12,000 Sole 12,000
CINTAS CORP. Common 172908105 159 3,000 Sole 3,000
CITIGROUP INC. Common 172967101 407 7,300 Sole 7,300
CLEAR CHANNEL COMMUNICATIONS Common 184502102 179 2,000 Sole 2,000
COLUMBIA/HCA HEALTHCARE CORP Common 197677107 38 1,300 Sole 1,300
COMCAST CORP CL A SPL 200300200 202 4,000 Sole 4,000
CIA TELECOM CHILE Spn ADR 204449300 47 2,600 Defined 2,600
COMPAQ COMPUTER CORP Common 204493100 27 1,000 Sole 1,000
COMPUTER ASSOC INTL INC Common 204912109 49 700 Sole 700
COMPUTER SCIENCES CORP Common 205363104 189 2,000 Sole 2,000
COMPUWARE CORP. Common 205638109 30 800 Sole 800
CHINA.COM ISIN KYG ADR 2108N1097 105 1,334 Defined 1,334
COOPER TIRE & RUBBER CO Common 216831107 27 1,700 Sole 1,700
DTE ENERGY COMPANY Common 233331107 11 350 Sole 350
DANAHER CORPORATION Common 235851102 169 3,500 Sole 3,500
DARDEN RESTAURANTS INC. Common 237194105 8,058 444,600 Sole 444,600
DELUXE CORPORATION Common 248019101 2,202 80,264 Sole 80,264
DEVRY INC. Common 251893103 244 13,000 Sole 13,000
DILLARDS INC-CL A Class A 254067101 12 600 Sole 600
DONALDSON CO INC Common 257651109 192 8,000 Sole 8,000
DORCHESTER HUGOTON Common 258205202 95 10,000 Defined 10,000
DUN & BRADSTREET CORP. Common 26483B106 6,385 216,446 Sole 216,446
EMC CORPORATION Common 268648102 874 8,000 Sole 8,000
EL PASO ELECTRIC CO. Common 283677854 279 28,404 Sole 28,404
ENTERGY CORP Common 29364G103 41 1,600 Sole 1,600
EQUANT NV NY REG 294409107 1,657 14,793 Defined 14,793
ERICSSON (L.M.) TEL. Spn ADR 294821400 2,024 30,816 Defined 30,816
EXXON CORP/STANDARD OIL N J Common 302290101 443 5,500 Sole 5,500
FEDERAL NATL MTG ASSN Common 313586109 44 700 Sole 700
FIFTH THIRD BANCORP. Common 316773100 220 3,000 Sole 3,000
FIRST DATA CORP. Common 319963104 64 1,300 Sole 1,300
FIRSTAR CORPORATION Common 33763V109 190 9,000 Sole 9,000
FOMENTO ECONOMICO MEX Spn ADR 344419106 120 2,700 Defined 2,700
FORD MOTOR CO Common 345370100 37 700 Sole 700
GTE CORP Common 362320103 642 9,100 Sole 9,100
GANNETT CO INC Common 364730101 4,388 53,802 Sole 53,802
GARTNER GROUP Common 366651206 778 56,362 Sole 56,362
GENERAL ELECTRIC CO Common 369604103 90,005 581,614 Sole 581,614
GENERAL MILLS INC Common 370334104 25,255 706,444 Sole 706,444
GOLDMAN SACHS GROUP Common 38141G104 231 2,450 Sole 2,450
GRAINGER W W INC Common 384802104 9,275 193,992 Sole 193,992
GRUPO TELEVISA SA Spn GDR 40049J206 191 2,800 Defined 2,800
GULF CANADA RESOURCES INC. Common 40218L305 32,086 9,506,827 Sole 9,506,827
GULF INDONESIA RESOURCES Spn ADR 402284103 1,625 20,000 Defined 20,000
HSB GROUP INC. Common 40428N109 16,159 477,900 Sole 477,900
HEWLETT-PACKARD CO Common 428236103 11,419 100,386 Sole 100,386
IMS HEALTH INC. Common 449934108 11,769 432,892 Sole 432,892
ILLINOIS TOOL WORKS INC Common 452308109 7 100 Sole 100
INFOSYS TECHNOLOGIES Spn ADR 456788108 2,607 7,900 Defined 7,900
INSURANCE SERVICES OFFICE INC Common 45806@109 8,938 223,447 Sole 223,447
INTEL CORP Common 458140100 444 5,400 Sole 5,400
INTERNATIONAL BUS MACHS CORP Common 459200101 453 4,200 Sole 4,200
INTERPUBLIC GROUP COS INC Common 460690100 363 6,300 Sole 6,300
JDN REALTY CORP Common 465917102 121 7,500 Sole 7,500
JDS UNIPHASES Common 46612J101 161 1,000 Sole 1,000
JOHNSON & JOHNSON Common 478160104 75,100 805,366 Sole 805,366
KIMBERLY CLARK CORP Common 494368103 52 800 Sole 800
KIMBERLY CLARK MEX Spn ADR 494386204 95 5,000 Defined 5,000
PHILIPS ELECTRONICS Common 500472204 435 3,220 Sole 3,220
KOREA ELECTRIC POWER CORP. Spn ADR 500631106 2,329 139,050 Defined 83,310 55,740
KOREA TELECOM CORP. Spn ADR 50063P103 46,245 618,664 Defined 558,064 60,600
LIBERTY ALL-STAR GROWTH FUND Common 529900102 3,035 280,670 Sole 280,670
LIBERTY ALL-STAR EQUITY FUND Common 530158104 80,354 7,263,996 Sole 7,263,996
ELI LILLY & CO Common 532457108 246 3,700 Sole 3,700
ELI LILLY & CO Common 532457108 266 4,000 Defined 4,000
LOCKHEED MARTIN CORP. Common 539830109 16 750 Sole 750
LOEWS CORP. Common 540424108 27 450 Sole 450
MBIA, INC. Common 55262C100 211 4,000 Sole 4,000
MCI WORLDCOM INC Common 55268B106 318 6,000 Sole 6,000
MGIC INVESTMENT CORP. Common 552848103 27 450 Sole 450
MATAV RT Spn ADR 559776109 302 8,400 Defined 8,400
MCDONALDS CORP Common 580135101 80,622 1,999,960 Sole 1,999,960
MEDIAONE GROUP Common 58440J104 304 3,961 Sole 3,961
MEDTRONIC INC Common 585055106 291 8,000 Sole 8,000
MERCANTILE BANKSHARES CORP. Common 587405101 192 6,000 Sole 6,000
MERCK & CO INC Common 589331107 32,264 480,208 Sole 480,208
MICROSOFT CORP. Common 594918104 701 6,000 Sole 6,000
MORGAN STANLEY, DEAN WITTER Common 617446448 43 300 Sole 300
MOTOROLA INC Common 620076109 545 3,701 Sole 3,701
MYLAN LABS INC Common 628530107 25 1,000 Sole 1,000
MUTMUX Common 629407107 175 1,400 Sole 1,400
NABISCO HOLDING CORP. Common 629526104 63 2,000 Defined 2,000
NATIONAL CITY CORP. Common 635405103 28 1,200 Sole 1,200
NEW YORK TIMES CO Class A 650111107 138 2,800 Sole 2,800
NOKIA CORP Spn ADR 654902204 401 2,400 Sole 2,400
NOKIA CORP Spn ADR 654902204 3,820 19,900 Defined 19,900
NORFOLK SOUTHERN CORP. Common 655844108 33 1,600 Sole 1,600
NORSK HYDRO A S Spn ADR 656531605 47 1,100 Sole 1,100
NORTEL NETWORKS CORP. Common 656569100 159 1,575 Sole 1,575
NORTEL NETWORKS CORP. Common 656569100 1,212 12,000 Defined 12,000
NORTHERN TRUST CORP. Common 665859104 159 3,000 Sole 3,000
NUCOR CORP Common 670346105 44 800 Sole 800
OFFICE DEPOT INC Common 676220106 17 1,500 Sole 1,500
OLD REP INTL CORP Common 680223104 32 2,350 Sole 2,350
ORACLE SYSTEMS CORP Common 68389X105 112 1,000 Sole 1,000
PAPA JOHNS INT'L INC. Common 698813102 91 3,500 Sole 3,500
PHILIP MORRIS COS INC Common 718154107 37 1,600 Sole 1,600
PHILLIPS PETROLEUM CO Common 718507106 24 500 Sole 500
PITTWAY CORP. Common 725790208 403 9,000 Sole 9,000
PRAXAIR INC - WI Common 74005P104 28 550 Sole 550
PRECISION CASTPARTS CORP Common 740189105 18 700 Sole 700
QUALCOMM INC. Common 747525103 204 1,160 Sole 1,160
QUINTILES TRANSNATIONAL Common 748767100 11 600 Sole 600
R. H. DONNELLEY CORP Common 74955W307 817 43,291 Sole 43,291
RAYTHEON COMPANY Class B 755111408 19 700 Sole 700
REPSOL S A Spn ADR 76026T205 56 2,400 Sole 2,400
REUTERS GROUP PLC Spn ADR 76132M102 1,125 13,927 Defined 13,927
RUSSELL CORP Common 782352108 13 750 Sole 750
SAFECO CORP Common 786429100 19 750 Sole 750
SAFEWAY INC. Common 786514208 72 2,000 Defined 2,000
SANDY SPRING BANCORP, INC. Common 800363103 691 25,604 Sole 25,604
SATYAM INFOWAY Spn ADR 804099109 248 1,600 Defined 1,600
SHERWIN WILLIAMS CO Common 824348106 34 1,600 Sole 1,600
SMITHKLINE BEECHAM Spn ADR 832378301 2,066 32,228 Defined 32,228
SOUTHERN CO Common 842587107 35 1,500 Sole 1,500
SOUTHWEST AIRLS COMPANY Common 844741108 58 3,600 Sole 3,600
SPRINT Common 852061100 416 6,175 Sole 6,175
STAFF LEASING INC., Common 852381102 1,900 200,000 Sole 200,000
SUN MICROSYSTEMS INC Common 866810104 898 11,600 Sole 11,600
SYBRON INT'L CORP - WISC Common 87114F106 296 12,000 Sole 12,000
SYNNEX GDR 87161A208 292 11,085 Defined 11,085
TCS ENTERPRISES Common 872339106 3 5,000 Sole 5,000
TJX COS INC Common 872540109 102 5,000 Sole 5,000
TAIWAN SEMI CONDUCTOR Spn ADR 874039100 859 19,090 Defined 19,090
TELECENTRO SUL Spn ADR 879239101 118 1,300 Defined 1,300
TELESUDESTE CELLULAR PART ADR 879252104 97 2,500 Defined 2,500
TELEFONICA SA Spn ADR 879382208 574 6,489 Defined 6,489
TELEFONOS DE MEXICO S A Spn ADR 879403780 39 350 Sole 350
TELEFONOS DE MEXICO S A Spn ADR 879403780 236 2,100 Defined 2,100
TELESP PART Spn ADR 87952K100 66 2,700 Defined 2,700
TERRA NETWORK Spn ADS 88100W103 307 5,600 Defined 5,600
TORCHMARK CORP Common 891027104 35 1,200 Sole 1,200
TYCO INTERNATIONAL LTD. Common 902124106 6 150 Sole 150
U S FOOD SERVICE Common 90331R101 168 10,000 Sole 10,000
US WEST, INC. Common 91273H101 18 250 Sole 250
V F CORP Common 918204108 20 675 Sole 675
VINA CONCHA Y TORO SA Spn ADR 927191106 98 2,600 Defined 2,600
VODAFONE AIRTOUCH Spn ADR 92857T107 1,559 31,500 Defined 31,500
VODAFONE AIRTOUCH Spn ADR 92857T107 51 10,342 Sole 10,342
VOICESTREAM WIRELESS CORP. Common 928615103 213 1,500 Sole 1,500
VULCAN MATERIALS CO. Common 929160109 14 350 Sole 350
WHIRLPOOL CORP Common 963320106 20 300 Sole 300
WILLIAMS COMPANIES Common 969457100 513 16,800 Sole 16,800
XEROX CORP Common 984121103 16 700 Sole 700
YORK INTERNATIONAL CORP. Common 986670107 25 900 Sole 900
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