FORM 13F
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
Form 13F COVER PAGE
Report for the Quarter Ended: June 30, 1999
Check Here if Amendment |_|; Amendment Number
Institutional Investment Manager Filing this Report:
Name: David J. Greene and Company, LLC
Address: 599 Lexington Avenue
New York, NY 10022
Form 13F File Number: 28-663
The institutional investment manager filing this report and the person by whom
it is signed thereby represent that the person signing the report is authorized
to submit, 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: E. Stephen Walsh
Title: Principal and Chief Administrative Officer
Phone: (212) 371-4200
Signature, Place and Date of Signing:
/s/ E. Stephen Walsh
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[Signature]
New York, NY
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[City, State]
July 28, 1999
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[Date]
Report Type:
|X| 13F HOLDINGS REPORT
|_| 13F NOTICE
|_| 13F COMBINATION REPORT
<PAGE>
Form 13F Summary Page
Report Summary:
Number of Other Included Managers:
-0-
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Form 13F Information Table Entry Total:
143
- ------------------------------------------------
Form 13F Information Table Value Total:
$1,741,957,000
- ------------------------------------------------
List of Other Included Managers:
None
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<PAGE>
FORM 13F 06/30/99
REPORTING MANAGER: David J. Greene and Company PAGE 1
<TABLE>
<CAPTION>
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ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
NAME OF ISSUER TITLE CUSIP FAIR SHARES OF INVESTMENT DISCRETION MANA- VOTING AUTHORITY
OF NUMBER MARKET PRINCIPAL SHARED GERS
CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE
(A) (B) (C) (A) (B) (C)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ACTV INC COMMON 00088E104 139,000 10,000 X DJG 10,000
AGCO CORP COMMON 001084102 2,368,000 209,300 X DJG 185,440 23,860
A T & T CORP COMMON 001957109 4,764,000 85,359 X DJG 12,253 73,106
ACX TECHNOLOGIES INC. COMMON 005123104 12,690,000 780,925 X DJG 333,995 446,930
AERIAL COMMUNICATIONS INC COMMON 007655103 1,586,000 117,500 X DJG 109,500 8,000
AETNA INC. COMMON 008117103 47,892,000 535,475 X DJG 303,205 232,270
ALBERTSONS INC COMMON 013104104 18,127,000 351,553 X DJG 167,019 184,534
ALLEN TELECOM INC COMMON 018091108 1,980,000 180,000 X DJG 180,000
ALLTEL CORPORATION COMMON 020039103 3,717,000 51,989 X DJG 23,969 28,020
AMERICAN EXPRESS CO COMMON 025816109 3,274,000 25,160 X DJG 700 24,460
AMERICAN HOME PRODUCTS COR COMMON 026609107 832,000 14,508 X DJG 14,508
AMERICAN INTERNATIONAL GRO COMMON 026874107 2,366,000 20,179 X DJG 12,120 8,059
AMERITECH CORP NEW COMMON 030954101 2,670,000 36,320 X DJG 1,000 35,320
AMGEN INC. COMMON 031162100 268,000 4,400 X DJG 4,400
APCO ARGENTINA INC CAYMAN COMMON 037489101 184,000 10,269 X DJG 10,269
AVNET COMMON 053807103 233,000 5,000 X DJG 5,000
BHC COMMUNICATIONS INC CL- COMMON 055448104 23,638,000 181,830 X DJG 125,005 56,825
BJ'S WHOLESALE CLUB INC. COMMON 05548J106 412,000 13,700 X DJG 1,500 12,200
BP AMOCO PLC ADS COMMON 055622104 1,022,000 9,419 X DJG 9,419
BANCTEC INC COMMON 059784108 8,091,000 451,050 X DJG 208,080 242,970
BELL ATLANTIC CORP COMMON 077853109 10,097,000 154,443 X DJG 69,018 85,425
BELLSOUTH CORP W/RTS COMMON 079860102 536,000 11,630 X DJG 11,630
BRISTOL MYERS SQUIBB CO W/ COMMON 110122108 2,359,000 33,496 X DJG 33,496
C.I.T GROUP INC-A COMMON 125577106 2,414,000 83,600 X DJG 73,600 10,000
CNA SURETY CORPORATION COMMON 12612L108 1,127,000 73,600 X DJG 14,000 59,600
CVS CORP COMMON 126650100 285,000 5,620 X DJG 1,400 4,220
CALGON CARBON CORP COMMON 129603106 6,371,000 1,073,000 X DJG 353,340 719,660
CENDANT CORPORATION COMMON 151313103 207,000 10,100 X DJG 10,100
CHARTER ONE FINANCIAL INC COMMON 160903100 244,000 8,763 X DJG 8,163 600
CHASE MANHATTAN CORP (NEW) COMMON 16161A108 3,981,000 46,028 X DJG 25,000 21,028
CHEMFAB, INC. COMMON 16361L102 246,000 13,500 X DJG 6,750 6,750
CHEVRON CORP W/RTS COMMON 166751107 882,000 9,276 X DJG 9,276
CITIGROUP INC. COMMON 172967101 9,236,000 194,433 X DJG 22,568 171,865
CITICORP CAPITAL TR III 7. PREFER 17303U200 226,000 9,400 X DJG 2,000 7,400
CITIGROUP CAP I 8% TRUPS 9 PREFER 17305F201 332,000 13,200 X DJG 1,000 12,200
CITIGROUP CAPITAL IV 6.85% PREFER 17305J203 310,000 13,000 X DJG 2,000 11,000
CITY INVESTING CO LIQUIDAT COMMON 177900107 24,000 19,100 X DJG 15,300 3,800
COMDISCO INC COMMON 200336105 119,275,000 4,654,648 X DJG 2,187,638 2,467,010
COMSAT CORP COMMON 20564D107 62,615,000 1,926,600 X DJG 1,061,515 865,085
COMSAT CAP I LP 8.125% MON PREFER 205930209 390,000 15,600 X DJG 3,000 12,600
CONSOLIDATED EDISON INC COMMON 209115104 225,000 4,970 X DJG 4,970
CRESTLINE CAPITAL CORPORAT COMMON 226153104 2,432,000 144,640 X DJG 127,300 17,340
CYTEC INDUSTRIES INC. COMMON 232820100 3,610,000 114,614 X DJG 78,500 36,114
DLJ CAPITAL TR I 8.42% 6/3 PREFER 23321W202 424,000 16,700 X DJG 2,700 14,000
DEPARTMENT 56 COMMON 249509100 1,188,000 44,200 X DJG 5,000 39,200
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PAGE COLUMN TOTALS 365,287,000
</TABLE>
<PAGE>
FORM 13F 06/30/99
REPORTING MANAGER: David J. Greene and Company PAGE 2
<TABLE>
<CAPTION>
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ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
NAME OF ISSUER TITLE CUSIP FAIR SHARES OF INVESTMENT DISCRETION MANA- VOTING AUTHORITY
OF NUMBER MARKET PRINCIPAL SHARED GERS
CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE
(A) (B) (C) (A) (B) (C)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
DEXTER CORP COMMON 252165105 2,796,000 68,500 X DJG 68,500
DIAL CORPORATION (NEW) COMMON 25247D101 614,000 16,500 X DJG 1,100 15,400
DIME BANCORP INC. NEW COMMON 25429Q102 42,172,000 2,095,503 X DJG 1,130,798 964,705
DOLE FOOD CO. COMMON 256605106 29,762,000 1,013,158 X DJG 606,212 406,946
DOVER CORP COMMON 260003108 207,000 5,920 X DJG 5,920
E I DU PONT DE NEMOURS & C COMMON 263534109 246,000 3,600 X DJG 3,600
EQK REALTY INVESTORS 1 SBI COMMON 268820107 18,000 112,600 X DJG 57,000 55,600
EASTMAN CHEMICAL COMPANY COMMON 277432100 1,661,000 32,087 X DJG 32,087
EASTMAN KODAK CO COMMON 277461109 236,000 3,480 X DJG 3,480
EVEREST REINSURANCE HLDING COMMON 299808105 54,670,000 1,675,700 X DJG 944,200 731,500
EXXON CORP COMMON 302290101 3,642,000 47,228 X DJG 2,600 44,628
FEDERAL NATIONAL MTGR ASSN COMMON 313586109 901,000 13,200 X DJG 12,000 1,200
FINOVA GROUP INC COMMON 317928109 36,338,000 690,500 X DJG 377,100 313,400
FISCHBACH CORP CONV SUB DE CONV C 337659AA4 20,000 20,000 X DJG 20,000
FOOTSTAR, INC. COMMON 344912100 68,499,000 1,841,992 X DJG 1,030,972 811,020
FOUNDATION HEALTH SYSTEMS COMMON 350404109 41,541,000 2,769,369 X DJG 1,752,790 1,016,579
GATX CORP COMMON 361448103 42,847,000 1,125,700 X DJG 739,452 386,248
GENERAL ELECTRIC CO COMMON 369604103 2,764,000 24,461 X DJG 24,461
GENERAL MOTORS CORP COMMON 370442105 40,828,000 618,605 X DJG 419,400 199,205
GEON COMPANY COMMON 37246W105 564,000 17,500 X DJG 7,500 10,000
GREAT LAKES CHEMICAL COMMON 390568103 327,000 7,100 X DJG 7,100
GULFSTREAM AEROSPACE CORP COMMON 402734107 1,013,000 15,000 X DJG 15,000
HARRIS CORP COMMON 413875105 25,785,000 657,986 X DJG 393,000 264,986
HAYES LEMMERZ INTL INC COMMON 420781106 4,923,000 167,600 X DJG 35,700 131,900
HERSHEY FOODS CORP COMMON 427866108 238,000 4,016 X DJG 4,016
HOMEBASE INC COMMON 43738E108 27,847,000 4,411,405 X DJG 2,411,410 1,999,995
HONEYWELL INC W/RTS COMMON 438506107 510,000 4,400 X DJG 4,400
HOST MARRIOTT CORP (REIT) COMMON 44107P104 1,020,000 85,900 X DJG 72,500 13,400
HOUSEHOLD INTL, INC. COMMON 441815107 300,000 6,339 X DJG 6,339
HUSSMANN INTL INC COMMON 448110106 40,672,000 2,455,640 X DJG 1,366,175 1,089,465
IMC GLOBAL INC. COMMON 449669100 40,889,000 2,353,325 X DJG 1,403,498 949,827
IMC GLOBAL WTS - EXPIRE 12 COMMON 449669118 298,000 529,588 X DJG 317,404 212,184
INTEL CORPORATION COMMON 458140100 2,189,000 36,784 X DJG 1,000 35,784
INTL BUSINESS MACHINES COR COMMON 459200101 2,629,000 20,344 X DJG 800 19,544
INTERNATIONAL GAME TECH COMMON 459902102 43,000,000 2,324,300 X DJG 1,191,545 1,132,755
JSB FINANCIAL INC COMMON 46624M100 407,000 8,000 X DJG 1,000 7,000
JOHNSON & JOHNSON COMMON 478160104 4,207,000 42,933 X DJG 42,933
KIMBERLY CLARK CORP COMMON 494368103 591,000 10,360 X DJG 10,360
ELI LILLY & CO COMMON 532457108 233,000 3,250 X DJG 3,250
LIMITED INC COMMON 532716107 232,000 5,105 X DJG 5,105
LOCKHEED MARTIN CORP COMMON 539830109 1,118,000 30,000 X DJG 30,000
LUCENT TECHNOLOGIES, INC. COMMON 549463107 2,705,000 40,110 X DJG 516 39,594
MCI WORLDCOM INC COMMON 55268B106 239,000 2,782 X DJG 2,782
MPTV INC COMMON 553424102 230 10,000 X DJG 10,000
MANPOWER INC COMMON 56418H100 13,419,000 593,100 X DJG 419,600 173,500
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PAGE COLUMN TOTALS 585,114,000
</TABLE>
<PAGE>
FORM 13 F 06/30/99
REPORTING MANAGER: David J. Greene and Company PAGE 3
<TABLE>
<CAPTION>
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ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
NAME OF ISSUER TITLE CUSIP FAIR SHARES OF INVESTMENT DISCRETION MANA- VOTING AUTHORITY
OF NUMBER MARKET PRINCIPAL SHARED GERS
CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE
(A) (B) (C) (A) (B) (C)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
MAXWELL LABS COMMON 577763105 963,000 40,000 X DJG 40,000
MCKESSON HBOC INC COMMON 58155Q103 29,320,000 910,900 X DJG 614,200 296,700
McMORAN EXPLORATION CO. COMMON 582411104 3,756,000 169,299 X DJG 81,845 87,454
MEDIAONE GROUP, INC COMMON 58440J104 1,441,000 19,372 X DJG 1,200 18,172
MERCK & CO INC COMMON 589331107 1,115,000 15,138 X DJG 15,138
MINNESOTA MINING & MFG CO COMMON 604059105 209,000 2,400 X DJG 2,400
MIRAGE RESORTS INC. COMMON 60462E104 335,000 20,000 X DJG 6,200 13,800
MOBIL CORP W/RTS COMMON 607059102 1,284,000 13,002 X DJG 2,000 11,002
MUELLER IND. COMMON 624756102 15,693,000 462,400 X DJG 129,700 332,700
NABISCO GROUP HOLDINGS COMMON 62952P102 18,719,000 956,874 X DJG 722,400 234,474
NAVISTAR INTL COMMON 63934E108 37,006,000 740,125 X DJG 372,880 367,245
OLSTEN CORP COMMON 681385100 13,959,000 2,211,345 X DJG 1,047,450 1,163,895
OWENS ILLINOIS INC COMMON 690768403 1,981,000 60,600 X DJG 15,800 44,800
PHOSPHATE RESOURCES PARTNE COMMON 719217101 549,000 51,029 X DJG 51,029
PITTSTON BRINK'S GROUP COMMON 725701106 58,039,000 2,169,700 X DJG 1,146,700 1,023,000
PLAYTEX PRODUCTS INC. COMMON 72813P100 1,556,000 100,000 X DJG 100,000
PRIMEX TECHNOLOGIES INC. COMMON 741597108 2,900,000 134,500 X DJG 127,500 7,000
PROCTER & GAMBLE CO COMMON 742718109 607,000 6,800 X DJG 1,000 5,800
PUBLIC SERVICE ENTERPRISE COMMON 744573106 347,000 8,500 X DJG 8,500
QUANTUM CORP COMMON 747906105 3,498,000 145,000 X DJG 85,000 60,000
RAYCHEM CORP W/RTS COMMON 754603108 851,000 23,000 X DJG 23,000
RITE AID CORP COMMON 767754104 22,007,000 893,687 X DJG 686,687 207,000
ROYAL DUTCH PETE 1.25 GUIL COMMON 780257804 580,000 9,632 X DJG 9,632
RYDER SYSTEM INC W/RTS COMMON 783549108 56,900,000 2,209,727 X DJG 1,223,945 985,782
SBC COMMUNICATIONS INC. COMMON 78387G103 2,126,000 36,660 X DJG 1,374 35,286
SCHERING-PLOUGH CORP. COMMON 806605101 338,000 6,440 X DJG 6,440
SENSORMATIC ELECTRONICS CO COMMON 817265101 45,447,000 3,260,800 X DJG 2,043,200 1,217,600
SHARED MEDICAL SYSTEMS COR COMMON 819486101 21,343,000 327,100 X DJG 195,000 132,100
SMITHKLINE BEECHAM PLC- AD COMMON 832378301 469,000 7,100 X DJG 7,100
SPACELABS MEDICAL COMMON 846247104 1,312,000 69,500 X DJG 69,500
SPRINT CORP (FON GROUP) COMMON 852061100 37,562,000 708,716 X DJG 322,138 386,578
SPRINT CORP (PCS GROUP) COMMON 852061506 511,000 8,962 X DJG 250 8,712
STANDARD REGISTER CO. COMMON 853887107 861,000 28,000 X DJG 28,000
STERLING SOFTWARE INC COMMON 859547101 11,392,000 430,900 X DJG 118,500 312,400
SUBURBAN PROPANE PARTNERS COMMON 864482104 372,000 19,100 X DJG 19,100
SUMMIT PROPERTIES INC COMMON 866239106 198,000 10,000 X DJG 10,000
TDS CAPITAL I PREF 8.5% 12 PREFER 87235W202 308,000 12,300 X DJG 6,000 6,300
TANDY CORP. COMMON 875382103 17,175,000 351,400 X DJG 34,600 316,800
TEKTRONIX INC COMMON 879131100 8,250,000 273,300 X DJG 134,200 139,100
TELEPHONE & DATA SYS INC. COMMON 879433100 147,275,000 2,014,021 X DJG 1,137,750 876,271
TEXACO INC COMMON 881694103 2,824,000 45,267 X DJG 1,700 43,567
TOYS R US COMMON 892335100 56,693,000 2,740,424 X DJG 1,621,220 1,119,204
U.S. INDUSTRIES, INC. COMMON 912080108 547,000 32,187 X DJG 14,200 17,987
U S WEST INC. COMMON 91273H101 438,000 7,453 X DJG 32 7,421
UNOVA INC COMMON 91529B106 26,734,000 1,684,000 X DJG 1,088,500 595,500
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PAGE COLUMN TOTALS 655,788,000
</TABLE>
<PAGE>
FORM 13 F 06/30/99
REPORTING MANAGER: David J. Greene and Company PAGE 4
<TABLE>
<CAPTION>
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ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
NAME OF ISSUER TITLE CUSIP FAIR SHARES OF INVESTMENT DISCRETION MANA- VOTING AUTHORITY
OF NUMBER MARKET PRINCIPAL SHARED GERS
CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE
(A) (B) (C) (A) (B) (C)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
VARIAN INC COMMON 922206107 18,460,000 1,367,400 X DJG 769,600 597,800
VARIAN SEMICONDUCTOR EQUIP COMMON 922207105 21,814,000 1,283,200 X DJG 694,800 588,400
VARIAN MEDICAL SYSTEMS INC COMMON 92220P105 30,873,000 1,222,700 X DJG 667,000 555,700
VODAPHONE GROUP PLC SPONSO COMMON 92857T107 569,000 2,889 X DJG 607 2,282
WARNER LAMBERT CO COMMON 934488107 1,624,000 23,500 X DJG 23,500
WATKINS JOHNSON CO COMMON 942486101 4,801,000 162,750 X DJG 92,700 70,050
WESTINGHOUSE AIR BRAKE CO COMMON 960386100 9,723,000 374,850 X DJG 131,300 243,550
WHITMAN CORP COMMON 96647R107 47,619,000 2,645,525 X DJG 1,616,250 1,029,275
XEROX CORP COMMON 984121103 284,000 4,800 X DJG 4,800
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PAGE COLUMN TOTALS 135,768,000
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AGGREGATE COLUMN TOTALS 1,741,957,000
</TABLE>
