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: McMorgan & Company
Address: One Bush Street, Suite 800
San Francisco, CA 94104
Form 13F File Number: 801-10448
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: Teresa Matzelle
Title: Controller
Phone: 415-788-9300
Signature, Place, and Date of Signing:
Teresa Matzelle San Francisco, CA May 15, 2000
Report Type (Check only one.):
[x] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES
EXCHANGE ACT OF 1934
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 121
Form 13F Information Table Value Total (000s): $ 12,711,733
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.
NONE
<PAGE>
<TABLE>
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT ----VOTING AUTHORITY----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
<C> <C>
D AMR Corp COM 001765106 44446 1394400 SH SOLE 1315450 78950
D AT&T Corp COM 001957109 167475 2977339 SH SOLE 2817389 159950
D Abercrombie & Fitch Co COM 002896207 33738 2108614 SH SOLE 2005186 103428
D Albertson's Inc COM 013104104 77645 2504682 SH SOLE 2368282 136400
D Alcoa Inc COM 013817101 94247 1341600 SH SOLE 1264800 76800
D Alza Corp COM 022615108 29468 784500 SH SOLE 735500 49000
D American Intl Group Inc COM 026874107 172784 1577936 SH SOLE 1483011 94925
D Anheuser Busch Cos Inc COM 035229103 53090 852850 SH SOLE 789950 62900
D Applied Magnetics CP Del COM 038213104 4 10000 SH SOLE 10000 0
D Applied Materials Inc COM 038222105 16918 179500 SH SOLE 173900 5600
D Associates First Capital COM 046008108 55063 2568556 SH SOLE 2442900 125656
D Atlantic Richfield Co COM 048825103 212 2500 SH SOLE 1800 700
D Automatic Data Processing Inc COM 053015103 87833 1820370 SH SOLE 1716470 103900
D BP Amoco PLC COM 055622104 134034 2525966 SH SOLE 2390940 135026
D BMC Software Inc COM 055921100 72329 1464900 SH SOLE 1385800 79100
D Bancwest Corp COM 059790105 4037 204400 SH SOLE 204400 0
D Bank of America Corp COM 060505104 204058 3891452 SH SOLE 3671883 219569
D Bank One Corp. COM 06423A103 46021 1338800 SH SOLE 1282000 56800
D Baxter International Inc COM 071813109 112461 1794000 SH SOLE 1695500 98500
D Bell Atlantic Corp COM 077853109 107 1754 SH SOLE 1754 0
D Berkshire Hathaway Inc COM 084670207 182 100 SH SOLE 100 0
D Bestfoods COM 08658U101 62483 1334750 SH SOLE 1257000 77750
D Boeing Co COM 097023105 26573 700430 SH SOLE 648730 51700
D Bristol Myers Squibb Co COM 110122108 168853 2923870 SH SOLE 2772070 151800
D Buenos Aires Emb COM 119424208 912 81000 SH SOLE 81000 0
D Burlington Resources Inc COM 122014103 29688 802375 SH SOLE 761675 40700
D CSX Corp COM 126408103 33405 1421500 SH SOLE 1332100 89400
D Chase Manhattan Corp COM 16161A108 384422 4409142 SH SOLE 4159594 249548
D Chevron Corp COM 166751107 90889 983250 SH SOLE 933500 49750
D Chubb Corp COM 171232101 102930 1523477 SH SOLE 1436877 86600
D Cisco Sys Inc COM 17275R102 522254 6755100 SH SOLE 6394600 360500
D Citigroup COM 172967101 364070 6138171 SH SOLE 5793696 344475
D Columbia Gas System Inc COM 197648108 101 1700 SH SOLE 1700 0
D Columbia/HCA Healthcare Corp COM 197677107 31548 1246325 SH SOLE 1163675 82650
D Compaq Computer Corp COM 204493100 275559 10349636 SH SOLE 9710004 639632
D Conoco Inc COM 208251405 0 1 SH SOLE 1 0
D Cooper Industries Inc COM 216669101 34767 993350 SH SOLE 931550 61800
D Costco Companies, Inc COM 22160K105 105905 2014844 SH SOLE 1891044 123800
D Dell Computer Corp COM 247025109 88177 1634800 SH SOLE 1542700 92100
D Dillard Department Stores COM 254067101 6956 423200 SH SOLE 405300 17900
D Disney Walt Co COM 254687106 86937 2101200 SH SOLE 1987400 113800
D Dow Chemical Co COM 260543103 75917 665940 SH SOLE 629290 36650
D Du Pont E I De Nemours COM 263534109 85354 1614256 SH SOLE 1522575 91681
D E M C Corp COM 268648102 240788 1926300 SH SOLE 1821750 104550
D Eastman Kodak Co COM 277461109 50174 923800 SH SOLE 870900 52900
D Edison International Inc COM 281020107 40504 2445500 SH SOLE 2289700 155800
D El Paso Energy Corporation COM 283905107 47602 1178998 SH SOLE 1076642 102356
D Emerson Electric Co COM 291011104 89682 1696105 SH SOLE 1600505 95600
D Exxon Mobil Corp COM 30231G102 193737 2489788 SH SOLE 2364680 125108
D FPL Group COM 302571104 32 700 SH SOLE 700 0
D Federal Home Ln Mtg Corp COM 313400301 3464 78400 SH SOLE 78400 0
D Federal Natl Mtg Assn COM 313586109 313996 5563600 SH SOLE 5250000 313600
D First ULB Corp COM 33699X104 3708 370800 SH SOLE 370800 0
D First ULB Corp Restr COM 33735Z998 1750 175000 SH SOLE 175000 0
D Ford Motor Co COM 345370100 96004 2089875 SH SOLE 1971175 118700
D Fresenius Natl Med Care COM 358030203 0 2500 SH SOLE 2500 0
D GTE Corp COM 362320103 188393 2653428 SH SOLE 2509898 143530
D General Electric Co COM 369604103 540782 3484700 SH SOLE 3284050 200650
D General Mills Inc COM 370334104 253 7000 SH SOLE 4000 3000
D General Motors Corp COM 370442105 92506 1117050 SH SOLE 1056250 60800
D Georgia Pacific Corp COM 373298108 55044 1391312 SH SOLE 1307112 84200
D Halliburton Co COM 406216101 242 5900 SH SOLE 5900 0
D Hawaiian Electric Industries COM 419870100 2300 72300 SH SOLE 72300 0
D Hewlett Packard Co COM 428236103 343980 2594850 SH SOLE 2445350 149500
D Hilton Hotels Corp COM 432848109 2194 283100 SH SOLE 258500 24600
D Home Depot Corp. COM 437076102 19892 308400 SH SOLE 302200 6200
D Honeywell Intl Inc COM 438516106 57405 1089530 SH SOLE 1013091 76439
D IMS Health Inc COM 449934108 27359 1615300 SH SOLE 1510800 104500
D Illinois Tool Works Inc COM 452308109 99 1800 SH SOLE 900 900
D Intel Corp COM 458140100 615238 4663100 SH SOLE 4400000 263100
D Intl Business Machines COM 459200101 378393 3206718 SH SOLE 3028318 178400
D Johnson & Johnson COM 478160104 122676 1750947 SH SOLE 1655747 95200
D Kimberly Clark Corp COM 494368103 47113 841300 SH SOLE 787900 53400
D Knight-Ridder Inc COM 499040103 50797 997250 SH SOLE 936750 60500
D Kroger Co COM 501044101 299 17000 SH SOLE 17000 0
D Lilly Eli & Co COM 532457108 132490 2103016 SH SOLE 1966616 136400
D Lucent Technologies Inc COM 549463107 286423 4714785 SH SOLE 4449641 265144
D MCI Worldcom Inc COM 55268B106 206340 4553701 SH SOLE 4301147 252554
D May Department Stores Co COM 577778103 67613 2372400 SH SOLE 2243900 128500
D Mediaone Group Inc COM 58440J104 81 1000 SH SOLE 1000 0
D Merck & Co Inc COM 589331107 216684 3487870 SH SOLE 3289770 198100
D Microsoft Corp COM 594918104 530140 4989550 SH SOLE 4712850 276700
D Minnesota Mng & Mfg Co COM 604059105 73315 827830 SH SOLE 779630 48200
D Morgan J P & Co Inc COM 616880100 79860 606150 SH SOLE 568200 37950
D Motorola Inc COM 620076109 307971 2163100 SH SOLE 2032200 130900
D Nortel Networks Corp COM 656569100 60965 483850 SH SOLE 460750 23100
D Peco Energy Co COM 693304107 39690 1076350 SH SOLE 1010750 65600
D PG&E Corp COM 69331C108 48965 2331645 SH SOLE 2197836 133809
D PPG Industries Inc COM 693506107 82685 1580600 SH SOLE 1487900 92700
D Parametric Technology Corp COM 699173100 60535 2874050 SH SOLE 2684850 189200
D Penney J C Inc COM 708160106 21467 1443151 SH SOLE 1359051 84100
D Pepsico Inc COM 713448108 116774 3378620 SH SOLE 3194220 184400
D Pharmacia Corporation COM 71713U102 109037 2117225 SH SOLE 1997375 119850
D Philip Morris Cos Inc COM 718154107 122775 5811850 SH SOLE 5484350 327500
D Phillips Petroleum Co COM 718507106 874 18900 SH SOLE 17600 1300
D Procter & Gamble Co COM 742718109 59268 1053650 SH SOLE 997650 56000
D Raytheon Co COM 755111309 164 8707 SH SOLE 6166 2541
D Royal Dutch Petroleum NY Re COM 780257804 42078 731000 SH SOLE 670100 60900
D SBC Communications Inc COM 78387G103 184570 4394514 SH SOLE 4152614 241900
D Sabre Group Holdings Inc COM 785905100 37424 1013184 SH SOLE 956138 57046
D Sara Lee Corp COM 803111103 62863 3492410 SH SOLE 3293810 198600
D Schering-Plough Corp COM 806605101 181782 4946452 SH SOLE 4682300 264152
D Schlumberger Ltd COM 806857108 68230 891900 SH SOLE 847300 44600
D Seagate Technology Inc COM 811804103 113032 1876050 SH SOLE 1767550 108500
D Solutia Inc COM 834376105 0 1 SH SOLE 1 0
D Sun Microsystems Inc COM 866810104 190690 2035050 SH SOLE 1943000 92050
D TSL Holdings Inc COM 872918107 0 93 SH SOLE 93 0
D Texaco Inc COM 881694103 111502 2079300 SH SOLE 1950850 128450
D Time Warner Inc COM 887315109 149120 1491200 SH SOLE 1411300 79900
D Tyco Intl Ltd New COM 902124106 365355 7325415 SH SOLE 6937503 387912
D USX Marathon Corp. COM 902905827 313 12000 SH SOLE 12000 0
D U S Bancorp COM 902973106 74681 3414000 SH SOLE 3218300 195700
D Unicom Corp COM 904911104 64510 1767400 SH SOLE 1664500 102900
D Ullico Inc COM 906881107 8 325 SH SOLE 325 0
D United Healthcare Corp COM 910581107 69383 1163650 SH SOLE 1094100 69550
D Unocal Corp COM 915289102 107 3600 SH SOLE 1300 2300
D Vodafone Airtouch Public Ltd COM 92857T107 254454 4579600 SH SOLE 4344650 234950
D Wal-Mart Stores Inc COM 931142103 145067 2613825 SH SOLE 2483125 130700
D Walgreen Co COM 931422109 75095 2916300 SH SOLE 2743900 172400
D Warner Lambert Co COM 934488107 247494 2538400 SH SOLE 2405050 133350
D Xerox Corp COM 984121103 39601 1523100 SH SOLE 1459500 63600
S REPORT SUMMARY 121 DATA RECORDS 12711733 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
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