UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: Sept 30, 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 September 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: 103
Form 13F Information Table Value Total (000s): $ 12,376,634
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 ADC Telecommunications Inc COM 000886101 9819 365150 SH SOLE 345100 20050
D AMR Corp COM 001765106 46243 1414700 SH SOLE 1336450 78250
D AT&T Corp COM 001957109 88395 3009181 SH SOLE 2849206 159975
D Agilent Technologies Inc COM 00846U101 48563 992349 SH SOLE 937620 54729
D Albertson's Inc COM 013104104 53776 2560782 SH SOLE 2419722 141060
D Alcoa Inc COM 013817101 67977 2685500 SH SOLE 2539200 146300
D Alza Corp COM 022615108 67025 774850 SH SOLE 726850 48000
D American Intl Group Inc COM 026874107 229223 2395540 SH SOLE 2259299 136241
D Anheuser Busch Cos Inc COM 035229103 69807 1649800 SH SOLE 1531800 118000
D Applied Materials Inc COM 038222105 48874 824000 SH SOLE 774550 49450
D Associates First Capital COM 046008108 98791 2599766 SH SOLE 2462564 137202
D Automatic Data Processing Inc COM 053015103 97465 1457420 SH SOLE 1383320 74100
D BP Amoco PLC COM 055622104 130502 2462294 SH SOLE 2331158 131136
D BMC Software Inc COM 055921100 31331 1638200 SH SOLE 1551550 86650
D Bancwest Corp COM 059790105 3973 204400 SH SOLE 204400 0
D Bank of America Corp COM 060505104 214941 4103888 SH SOLE 3882744 221144
D Bank One Corp. COM 06423A103 52932 1370400 SH SOLE 1308000 62400
D Baxter International Inc COM 071813109 136866 1714850 SH SOLE 1631900 82950
D Bestfoods COM 08658U101 1029 14150 SH SOLE 7550 6600
D Bristol Myers Squibb Co COM 110122108 172167 3013870 SH SOLE 2864570 149300
D Burlington Resources Inc COM 122014103 30535 829475 SH SOLE 789975 39500
D CSX Corp COM 126408103 31716 1454050 SH SOLE 1363450 90600
D Chase Manhattan Corp COM 16161A108 305227 6608431 SH SOLE 6249734 358697
D Chevron Corp COM 166751107 84717 993750 SH SOLE 945300 48450
D Chubb Corp COM 171232101 122155 1543827 SH SOLE 1458927 84900
D Cisco Sys Inc COM 17275R102 421281 7625000 SH SOLE 7212350 412650
D Citigroup COM 172967101 433400 8016639 SH SOLE 7578976 437663
D Compaq Computer Corp COM 204493100 199691 7240426 SH SOLE 6839528 400898
D Conexant Systems Inc. COM 207142100 11715 279750 SH SOLE 264100 15650
D Cooper Industries Inc COM 216669101 37272 1057350 SH SOLE 991050 66300
D Costco Companies, Inc COM 22160K105 74555 2133944 SH SOLE 2009544 124400
D Dell Computer Corp COM 247025109 69297 2249000 SH SOLE 2123450 125550
D Dillard Department Stores COM 254067101 1447 136200 SH SOLE 133100 3100
D Disney Walt Co COM 254687106 79652 2082400 SH SOLE 1972300 110100
D Dow Chemical Co COM 260543103 50703 2033220 SH SOLE 1923270 109950
D Du Pont E I De Nemours COM 263534109 69207 1670161 SH SOLE 1579814 90347
D E M C Corp COM 268648102 381859 3852300 SH SOLE 3641200 211100
D Eastman Kodak Co COM 277461109 37899 927201 SH SOLE 874901 52300
D Edison International Inc COM 281020107 22860 1183700 SH SOLE 1094100 89600
D El Paso Energy Corporation COM 283905107 71489 1160066 SH SOLE 1066910 93156
D Emerson Electric Co COM 291011104 116436 1737855 SH SOLE 1646805 91050
D Exxon Mobil Corp COM 30231G102 218477 2451357 SH SOLE 2333383 117974
D Federal Home Ln Mtg Corp COM 313400301 4238 78400 SH SOLE 78400 0
D Federal Natl Mtg Assn COM 313586109 390805 5465800 SH SOLE 5168750 297050
D First Union Corp COM 337358105 37333 1159850 SH SOLE 1092300 67550
D Ford Motor Co COM 345370860 90273 3566336 SH SOLE 3361341 204995
D General Electric Co COM 369604103 586771 10171550 SH SOLE 9615600 555950
D General Motors Corp COM 370442105 72241 1111400 SH SOLE 1053000 58400
D Georgia Pacific Corp COM 373298108 33826 1439412 SH SOLE 1357012 82400
D HCA - Healthcare Company COM 404119109 45331 1221025 SH SOLE 1139925 81100
D Halliburton Co COM 406216101 245 5000 SH SOLE 5000 0
D Hawaiian Electric Industries COM 419870100 2521 72300 SH SOLE 72300 0
D Hewlett Packard Co COM 428236103 260595 2686550 SH SOLE 2539850 146700
D Home Depot Corp. COM 437076102 68546 1291800 SH SOLE 1220850 70950
D Honeywell Intl Inc COM 438516106 38184 1071818 SH SOLE 993746 78072
D Intel Corp COM 458140100 392619 9432300 SH SOLE 8916950 515350
D Intl Business Machines COM 459200101 367371 3265518 SH SOLE 3088918 176600
D Johnson & Johnson COM 478160104 164414 1750247 SH SOLE 1657722 92525
D Kimberly Clark Corp COM 494368103 45643 817800 SH SOLE 764900 52900
D Knight-Ridder Inc COM 499040103 52405 1031350 SH SOLE 969550 61800
D Lilly Eli & Co COM 532457108 180346 2223066 SH SOLE 2092366 130700
D Lucent Technologies Inc COM 549463107 150369 4920051 SH SOLE 4650567 269484
D May Department Stores Co COM 577778103 48849 2382900 SH SOLE 2257950 124950
D Merck & Co Inc COM 589331107 262874 3531470 SH SOLE 3337670 193800
D Microsoft Corp COM 594918104 321678 5339050 SH SOLE 5051700 287350
D Minnesota Mng & Mfg Co COM 604059105 72096 791180 SH SOLE 746480 44700
D Morgan J P & Co Inc COM 616880100 80675 493800 SH SOLE 467250 26550
D Motorola Inc COM 620076109 198124 7013250 SH SOLE 6613750 399500
D Nortel Networks Corp COM 656568102 106721 1791750 SH SOLE 1704950 86800
D Novellus Systems Inc COM 670008101 24848 533650 SH SOLE 501500 32150
D PG&E Corp COM 69331C108 53927 2229552 SH SOLE 2101097 128455
D PPG Industries Inc COM 693506107 64520 1625700 SH SOLE 1534450 91250
D Parametric Technology Corp COM 699173100 31824 2909650 SH SOLE 2724150 185500
D Penney J C Inc COM 708160106 17760 1503451 SH SOLE 1413751 89700
D Pepsico Inc COM 713448108 139841 3040020 SH SOLE 2882670 157350
D Pfizer Inc. COM 717081103 289236 6436406 SH SOLE 6112057 324349
D Pharmacia Corporation COM 71713U102 126637 2104036 SH SOLE 1981486 122550
D Philip Morris Cos Inc COM 718154107 167192 5679550 SH SOLE 5360250 319300
D Phillips Petroleum Co COM 718507106 665 10600 SH SOLE 10000 600
D Procter & Gamble Co COM 742718109 72983 1089300 SH SOLE 1033450 55850
D Royal Dutch Petroleum NY Re COM 780257804 41636 694650 SH SOLE 635450 59200
D SBC Communications Inc COM 78387G103 221793 4435864 SH SOLE 4199320 236544
D Sabre Group Holdings Inc COM 785905100 125 4336 SH SOLE 4336 0
D Sara Lee Corp COM 803111103 76005 3741770 SH SOLE 3532370 209400
D Schering-Plough Corp COM 806605101 222642 4788002 SH SOLE 4536050 251952
D Schlumberger Ltd COM 806857108 73904 897850 SH SOLE 850150 47700
D Seagate Technology Inc COM 811804103 128264 1858900 SH SOLE 1752300 106600
D Solectron Corp COM 834182107 44029 954550 SH SOLE 903300 51250
D Sun Microsystems Inc COM 866810104 221352 1895950 SH SOLE 1800650 95300
D Teradyne Inc COM 880770102 18221 328050 SH SOLE 309800 18250
D Texaco Inc COM 881694103 108279 2062450 SH SOLE 1937400 125050
D Texas Instruments COM 882508104 108812 2305950 SH SOLE 2177950 128000
D Time Warner Inc COM 887315109 118866 1519050 SH SOLE 1441750 77300
D Tyco Intl Ltd New COM 902124106 370979 7151401 SH SOLE 6779185 372216
D U S Bancorp COM 902973106 79863 3510450 SH SOLE 3308150 202300
D Unicom Corp COM 904911104 93181 1658400 SH SOLE 1561100 97300
D United Healthcare Corp COM 91324P102 110551 1119500 SH SOLE 1055050 64450
D Verizon Communications COM 92343V104 157986 3261643 SH SOLE 3091142 170501
D Vodafone Group PLC COM 92857W100 179158 4842100 SH SOLE 4603700 238400
D Wal-Mart Stores Inc COM 931142103 120908 2512375 SH SOLE 2384200 128175
D Walgreen Co COM 931422109 107401 2831000 SH SOLE 2668700 162300
D WorldCom Inc COM 98157D106 144273 4749717 SH SOLE 4493278 256439
D Xerox Corp COM 984121103 22591 1499850 SH SOLE 1434850 65000
S REPORT SUMMARY 103 DATA RECORDS 12376634 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
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