UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)
JACO ELECTRONICS, INC.
(NAME OF ISSUER)
Common Stock
(TITLE OF CLASS OF SECURITIES)
469783 10 4
(CUSIP NUMBER)
December 31, 1999
(DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
/X/ Rule 13d-1(b)
/ / Rule 13d-1(c)
/ / Rule 13d-1(d)
* 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.
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CUSIP Number 469783 10 4 Schedule 13G
1. NAME OF REPORTING PERSON
IRS. IDENTIFICATION NUMBER. OF ABOVE PERSON (ENTITIES ONLY)
Advisory Research, Inc.
36-2831881
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) /X/
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
5. SOLE VOTING POWER
None
6. SHARED VOTING POWER
None
7. SOLE DISPOSITIVE POWER
None
8. SHARED DISPOSITIVE POWER
None
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
None
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
/ /
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0%
12. TYPE OF REPORTING PERSON
IA
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CUSIP Number 469783 10 4 Schedule 13G
1. NAME OF REPORTING PERSON
IRS. IDENTIFICATION NUMBER. OF ABOVE PERSON (ENTITIES ONLY)
David B. Heller
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) /X/
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States citizen
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
5. SOLE VOTING POWER
None
6. SHARED VOTING POWER
None
7. SOLE DISPOSITIVE POWER
None
8. SHARED DISPOSITIVE POWER
None
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
None
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
/ /
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0%
12. TYPE OF REPORTING PERSON
IN
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CUSIP Number 469783 10 4 Schedule 13G
ITEM 1.
(a) NAME OF ISSUER:
Jaco Electronics, Inc.
(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
145 Oser Avenue, Hauppauge, NY 11788
ITEM 2.
(a) NAME OF PERSON FILING:
Advisory Research, Inc.
David B. Heller
(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
Two Prudential Plaza, 180 N. Stetson, Suite 5780,
Chicago, IL 60601
(c) CITIZENSHIP: Advisory Research, Inc. is a Delaware
corporation.
David B. Heller is a United States citizen.
(d) TITLE OF CLASS OF SECURITIES: Common Stock
(e) CUSIP NUMBER: 469783 10 4
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SECTIONS 240.13D-1(B),
OR 240.13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A:
(a) / / Broker or dealer registered under section 15 of the
Act.
(b) / / Bank as defined in section 3(a)(6) of the Act.
(c) / / Insurance company as defined in section 3(a)(19) of
the Act.
(d) / / Investment company registered under section 8 of the
Investment Company Act of 1940.
(e) /X/ An investment adviser in accordance with section
240.13d-1(b)(1)(ii)(E).
(f) / / An employee benefit plan or endowment fund in
accordance with section 240.13d-1(b)(1)(ii)(F).
(g) / / A parent holding company or control person in
accordance with section 240.13d-1(b)(ii)(G).
(h) / / A savings association as defined in section 3(b) of
the Federal Deposit Insurance Act.
(i) / / A church plan that is excluded from the definition of
an investment company under section 3(c)(14) of the
Investment Company Act of 1940.
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(j) / / Group, in accordance with section
240.13d-1(b)(1)(ii)(J).
If this statement is filed pursuant to section 240.13d-1(c), check this
box: / /
ITEM 4. OWNERSHIP.
(a) Amount beneficially owned as of December 31, 1999:
Advisory Research, Inc. None
David B. Heller None
(b) Percent of class: Advisory Research, Inc. 0%
David B. Heller 0%
(c) Number of shares as to which such persons have:
(i) Sole power to vote or to direct the vote: None
--------------
(ii) Shared power to vote or to direct the vote:
Advisory Research, Inc. None
--------------
David B. Heller None
--------------
(iii) Sole power to dispose or to direct the disposition of:
None
--------------
(iv) Shared power to dispose or to direct the disposition of:
Advisory Research, Inc. None
--------------
David B. Heller None
--------------
David B. Heller is President and the controlling shareholder of
Advisory Research, Inc.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
If this statement is being filed to report the fact that as of
the date hereof the reporting person has ceased to be the beneficial owner of
more than 5 percent of the class of securities, check the following: /X/
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER
PERSON.
No other person has the right to receive or the power to
direct the receipt of dividends from, or the proceeds from the sale of, the
shares reported hereunder.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING
COMPANY.
Not applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Not applicable.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not applicable.
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ITEM 10. CERTIFICATION
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired and are held in the
ordinary course of business and were not acquired and are not held for the
purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose 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.
Dated: February 8, 2000
ADVISORY RESEARCH, INC.
By /s/ David B. Heller
------------------------------
David B. Heller, President
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.
Dated: February 8, 2000
/s/ David B. Heller
------------------------------
David B. Heller
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EXHIBIT
SCHEDULE 13G JOINT FILING AGREEMENT
Each person executing this joint filing agreement agrees as follows:
(i) Each person executing this joint filing agreement is individually
eligible to use the Schedule 13G to which this Exhibit is attached and such
Schedule 13G is filed on behalf of each person executing this joint filing
agreement; and
(ii) Each person executing this joint filing agreement is responsible
for the timely filing of such Schedule 13G and any amendments thereto, and for
the completeness and accuracy of the information concerning such person
contained therein, but none of the undersigned executing this joint filing
agreement is responsible for the completeness or accuracy of the information
concerning any other persons making the filing, unless such person knows or has
reason to believe that such information is inaccurate.
This Agreement may be executed in one or more counterparts by each
person executing this joint fling agreement, and each such counterpart shall be
an original but all of which, taken together, shall constitute but one and the
same instrument.
Dated: February 8, 2000
ADVISORY RESEARCH, INC.
By /s/ David B. Heller
------------------------------
David B. Heller, President
/s/ David B. Heller
------------------------------
David B. Heller
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