UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 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: Chesapeake Capital Management, Inc.
Address: 36 South Charles Street
Suite 1903
Baltimore, MD 21201
13F File Number: 28-1223
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: Richard L. Dunn
Title: Executive Vice President
Phone: 410-837-6767
Signature, Place, and Date of Signing:
Richard L. Dunn Baltimore, Maryland November 2, 1999
Report Type (Check only one.):
[ x ] 13F Holdings Report.
[ ] 13F Notice.
[ ] 13F Combination Report.
List of Other Managers Reporting for this Manager:
None.
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934. Richard L. Dunn
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 58
Form 13F Information Table Value Total: $320,296,000.
List of Other Included Managers: None.
<TABLE>
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Abbott Labs COM 002824100 5701 155400 SH SOLE 150000 5400
Allied Signal, Inc. COM 019512102 5994 100000 SH SOLE 100000
American International Group COM 026874107 12372 142309 SH SOLE 131749 10560
Automatic Data Processing COM 053015103 741 16600 SH SOLE 16600
Banc One Corporation COM 059438101 4830 138747 SH SOLE 127918 10829
BankAmerica/Nationsbank COM 06605F102 2227 39999 SH SOLE 39999
CBS Corporation COM 12490K107 5198 112400 SH SOLE 100000 12400
CVS Corporation COM 126650100 204 5000 SH SOLE 5000
Carnival Cruise A COM 143658102 10264 235950 SH SOLE 225000 10950
Chase Manhattan Corp. COM 163722101 9505 126100 SH SOLE 120000 6100
Cisco Systems COM 17275R102 387 5650 SH SOLE 5650
Clear Channel Communications COM 184502102 6985 87450 SH SOLE 75000 12450
Coca-Cola Co. COM 191216100 5008 103800 SH SOLE 95000 8800
Colgate Palmolive COM 194162103 671 14672 SH SOLE 14672
Ecolab Inc. COM 278865100 355 10400 SH SOLE 10400
Eli Lilly & Company COM 532457108 5559 86600 SH SOLE 80000 6600
Emerson Electric COM 291011104 6129 97000 SH SOLE 90000 7000
Everest Reinsurance COM 74435W109 3572 150000 SH SOLE 150000
Federal National Mortgage Asso COM 313586109 11998 191400 SH SOLE 175000 16400
First Data Corporation COM 319963104 2238 51000 SH SOLE 50000 1000
Freddie Mac COM 313400301 6549 125950 SH SOLE 115000 10950
General Dynamics COM 369550108 7855 125800 SH SOLE 125000 800
General Electric Company COM 369604103 18599 156870 SH SOLE 145000 11870
General Growth Properties COM 370021107 255 8100 SH SOLE 8100
Gillette Company COM 375766102 7398 217990 SH SOLE 195000 22990
Halliburton Co. COM 406216101 3710 90500 SH SOLE 90000 500
Harley Davidson COM 412822108 3392 67750 SH SOLE 60000 7750
Hartford Life Inc. Class A com COM 416592103 5698 115700 SH SOLE 100000 15700
Home Depot, Inc. COM 437076102 668 9736 SH SOLE 9736
Honeywell, Inc. COM 438506107 6901 62000 SH SOLE 60000 2000
Intel Corp. COM 458140100 4916 66150 SH SOLE 55000 11150
International Business Machine COM 459200101 7130 58925 SH SOLE 55000 3925
Johnson & Johnson COM 478160104 13473 146650 SH SOLE 130000 16650
Lauder, Estee Cos., Inc.,A. COM 518439104 7973 204100 SH SOLE 188000 16100
Lowes Companies Inc. COM 548661107 4387 90000 SH SOLE 90000
Lucent Technologies, Inc. COM 549463107 519 8000 SH SOLE 8000
MCI WorldCom Inc. COM 98155K102 9595 133500 SH SOLE 120000 13500
Medtronic Inc. COM 585055106 619 17400 SH SOLE 17400
Merck & Co., Inc. COM 589331107 324 5000 SH SOLE 5000
Microsoft Corporation COM 594918104 473 5225 SH SOLE 5225
Omnicom Group COM 681919106 12314 155500 SH SOLE 140000 15500
Pepsico COM 713448108 4231 138722 SH SOLE 120000 18722
Philip Morris COM 718154107 6267 183300 SH SOLE 180000 3300
Pitney-Bowes COM 724479100 765 12550 SH SOLE 12550
Proctor & Gamble Co. COM 742718109 10594 113000 SH SOLE 100000 13000
Rite Aid Corporation COM 767754104 2517 182250 SH SOLE 170850 11400
Royal Caribbean Cruise Lines COM V7780T103 10152 225600 SH SOLE 220600 5000
SBC Communications, Inc. COM 845333103 664 13000 SH SOLE 13000
Schering-Plough Corporation COM 806605101 13916 319000 SH SOLE 290000 29000
Schlumberger, Ltd. COM 806857108 271 4348 SH SOLE 4348
Service Master Inc. COM 81760N109 2401 149500 SH SOLE 127500 22000
Textron COM 883203101 3869 50000 SH SOLE 50000
Tyco Intl., Ltd. COM 902120104 12850 124460 SH SOLE 109560 14900
United Rentals Inc. COM 911363109 2969 136500 SH SOLE 125300 11200
Vodafone Airtouch SPADR COM 92857T107 357 1500 SH SOLE 1500
Warner Lambert Company COM 934488107 14370 216500 SH SOLE 205000 11500
Wells Fargo & Company COM 949740104 4383 110600 SH SOLE 100000 10600
XL Capital Ltd Class A COM 301616108 7032 156277 SH SOLE 152177 4100
</TABLE>
