UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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: 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 May 3, 2000
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: $360,757,000.
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 3624 103000 SH SOLE 100000 3000
America Online, Inc. COM 02364J104 2487 36875 SH SOLE 29600 7275
American International Group COM 026874107 18868 172309 SH SOLE 161749 10560
American Tel & Tel COM 030177109 2816 50000 SH SOLE 50000
Automatic Data Processing COM 053015103 840 17400 SH SOLE 17400
Bank of America COM 06605F102 2097 39999 SH SOLE 39999
CBS Corporation COM 12490K107 7497 132400 SH SOLE 120000 12400
Carnival Cruise A COM 143658102 5595 225500 SH SOLE 215000 10500
Chase Manhattan Corp. COM 16161A108 10994 126100 SH SOLE 120000 6100
Cisco Systems COM 17275R102 7175 92800 SH SOLE 81400 11400
Citigroup Inc. COM 172967101 6628 110700 SH SOLE 100000 10700
Clear Channel Communications COM 184502102 8837 127950 SH SOLE 115000 12950
Coca-Cola Co. COM 191216100 385 8200 SH SOLE 8200
Colgate Palmolive COM 194162103 788 13972 SH SOLE 13972
Compaq Computer Corp. COM 204493100 364 13500 SH SOLE 13500
Ecolab Inc. COM 278865100 481 13100 SH SOLE 13100
Eli Lilly & Company COM 532457108 5423 86600 SH SOLE 80000 6600
Exxon Mobil Corp. COM 302290101 7849 100715 SH SOLE 100000 715
Federal National Mortgage Asso COM 313586109 10815 191200 SH SOLE 175000 16200
First Data Corporation COM 319963104 2263 51000 SH SOLE 50000 1000
Freddie Mac COM 313400301 9558 216300 SH SOLE 200000 16300
General Electric Company COM 369604103 29082 186870 SH SOLE 175000 11870
General Growth Properties COM 370021107 247 8100 SH SOLE 8100
Gillette Company COM 375766102 3829 101603 SH SOLE 80000 21603
Halliburton Co. COM 406216101 4594 111700 SH SOLE 111200 500
Hartford Life Inc. Class A com COM 416592103 5302 113100 SH SOLE 100000 13100
Home Depot, Inc. COM 437076102 937 14529 SH SOLE 14529
Honeywell Int'l. Inc. COM 438516106 12856 244000 SH SOLE 237500 6500
Intel Corp. COM 458140100 13491 102250 SH SOLE 91100 11150
International Business Machine COM 459200101 16136 136750 SH SOLE 128500 8250
Johnson & Johnson COM 478160104 14289 203400 SH SOLE 187100 16300
Lauder, Estee Cos., Inc.,A. COM 518439104 5116 102200 SH SOLE 101200 1000
Lowes Companies Inc. COM 548661107 8756 150000 SH SOLE 150000
Lucent Technologies, Inc. COM 549463107 5506 89900 SH SOLE 80000 9900
MCI WorldCom Inc. COM 55268B106 10275 226750 SH SOLE 205000 21750
Marsh & McLennan COM 571748102 596 5400 SH SOLE 5400
Medtronic Inc. COM 585055106 6229 121100 SH SOLE 100000 21100
Merck & Co., Inc. COM 589331107 7443 119800 SH SOLE 115200 4600
Microsoft Corporation COM 594918104 5528 52025 SH SOLE 45900 6125
Omnicom Group COM 681919106 9494 101400 SH SOLE 101400
Paychex COM 704326107 635 12125 SH SOLE 12125
Pepsico COM 713448108 635 18222 SH SOLE 18222
Philip Morris COM 718154107 3841 181800 SH SOLE 180000 1800
Pitney-Bowes COM 724479100 5476 122550 SH SOLE 110000 12550
Proctor & Gamble Co. COM 742718109 4288 75900 SH SOLE 74800 1100
Royal Caribbean Cruise Lines COM V7780T103 6317 225600 SH SOLE 220600 5000
SBC Communications, Inc. COM 78387G103 535 12700 SH SOLE 12700
Schering-Plough Corporation COM 806605101 11798 317800 SH SOLE 290000 27800
Schlumberger, Ltd. COM 806857108 333 4348 SH SOLE 4348
Service Master Inc. COM 81760N109 1519 135000 SH SOLE 127500 7500
Textron COM 883203101 3044 50000 SH SOLE 50000
Tyco Intl., Ltd. COM 902124106 12322 245820 SH SOLE 219120 26700
United Rentals Inc. COM 911363109 2222 128800 SH SOLE 125300 3500
Vodafone Airtouch SPADR COM 92857T107 403 7250 SH SOLE 7250
Warner Lambert Company COM 934488107 19030 194800 SH SOLE 185000 9800
Wells Fargo & Company COM 949746101 4507 110600 SH SOLE 100000 10600
XL Capital Ltd Class A COM G98255105 8543 154277 SH SOLE 152177 2100
Lauder, Estee Cos. Inc. Cvt. T PFD CV 518437207 222 2500 SH SOLE 2500
</TABLE>
