FORM 13F
COVER PAGE FOR FORM 13F
REPORT FOR THE CALENDER QUARTER ENDED SEPT 30, 2000
FIDUCIARY MANAGEMENT, INC.
225 EAST MASON STREET
MILWAUKEE, WI 53202
FORM 13F FILE NUMBER 028-01526
THE INSITITUTIONAL INVESTMENT MANAGER FILING THIS REPORT AND THE
PERSON BY WHOM IT IS SIGNED HEREBY REPRESENT THAT 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 INTERGRAL PARTS OF THIS FORM.
PERSON SIGNING THIS REPORT ON BEHALF OF REPORTING MANAGER:
NAME: TED D KELLNER
TITLE: CHAIRMAN AND CEO
PHONE: (414) 226-4545
REPORT TYPE:
13F HOLDINGS REPORT
NAME AND 13F FILE NUMBERS OF ALL INSTITUTIONAL INVESTMENT MANAGERS
WITH RESPECT TO WHICH THIS SCHEDULE IS FILED.
1. RESOURCE BANK AND TRUST CO
2. HAROLD MCCOMAS - FOLEY AND LARDNER
FORM 13F
SUMMARY PAGE:
OTHER INSTITUTIONAL INVESTMENT MANAGERS TOTAL: 2
1. RESOURCE BANK AND TRUST CO
2. HAROLD MCCOMAS - FOLEY AND LARDNER
FORM 13F INFORMATION TABLE ENTRY TOTAL: 154
FORM 13F INFORMATION TABLE VALUE TOTAL: 856,600
FORM 13F
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"Name of Reporting Manager: Fiduciary Mangament, Inc."
Item I Item 2 Item 3 Item 4 Item 5 Item 6 Item 7 Item 8
<S> <C> <C> <C> <C> <C> <C< <C>
Name of Issuer Title Cusip Fair Shares/ (a)Sole (b) Shared (c)Shared Sole Shared
M/V Prin Amt inst
Ace Limited COM G0070K103 471 12,000 12,000 12,000
ACTV Inc COM 00088E104 344 25,000 25,000 25,000
ADC Telecom COM 000886101 4590 170,700 170,700 170,700
ACT Mfg COM 000973107 1583 30,000 30,000 30,000
AVX Corp com 002444107 1173 45,000 45,000 45,000
Adelphia Busin CLA 006847107 437 37,000 37,000 37,000
Adelphia Commun COM 006848105 3059 110,972 110,072 900 110,072 900
Alpha Inds Inc COM 020753109 681 20,000 20,000 20,000
Amcore Fincl COM 023912108 907 46,222 46,222 46,222
Anadigics Inc COM 032515108 885 40,000 40,000 40,000
Andrew Corp COM 034425108 3143 120,000 120,000 120,000
Anicom Inc COM 035250109 154 40,000 40,000 40,000
Applied Power COM 038225108 2706 55,500 55,500 55,500
Aptar Group Inc COM 038336103 10899 455,320 390,520 64,800 390,520 64,800
Arguss Comm COM 040282105 1373 67,200 67,200 67,200
Arrow Elec COM 042735100 18611 546,380 471,830 74,550 471,830 74,550
Artesyn Teck COM 043127109 874 30,000 30,000 30,000
Assctd Bancorp COM 045487105 7458 284,120 284,120 284,120
Atwood Oceanics COM 050095108 2856 68,500 68,500 68,500
Baker Hughes COM 057224107 371 10,000 10,000 10,000
Bell Canada COM 077914109 1406 65,000 65,000 65,000
Bell & Howell COM 077852101 8577 392,100 317,400 74,700 317,400 74,700
Blackhawk Bcorp COM 09237E105 374 37,412 37,412 37,412
Block, H & R COM 093671105 15553 419,630 356,830 62,800 356,830 62,800
Brady, W.H. CL A 104674106 12067 398,913 325,463 73,450 325,463 73,450
CSG Systems COM 126349109 1015 35,000 35,000 35,000
CNA Financial COM 126117100 1476 38,600 38,600 38,600
CNA Surety COM 12612L108 731 63,600 63,600 63,600
CTS Corp COM 126501105 3038 60,000 60,000 60,000
Cambrex Corp COM 132011107 19457 525,875 442,125 83,750 442,125 83,750
Casella Waste COM 147448104 14105 1,393,110 1,205,210 187,900 1,205,210 187,900
Casey's Gen St COM 147528103 24375 1,874,988 1,597,888 277,100 1,597,888 277,100
Channell Coml COM 159186105 758 57,500 57,500 57,500
Chesapeake Engy COM 165167107 611 85,000 85,000 85,000
Classic Commun COM 182728204 838 165,600 165,600 165,600
Comple Tel COM N21590109 2823 396,190 343,240 52,950 343,240 52,950
Concurrent Comp COM 206710204 380 20,000 20,000 20,000
Consolidated St COM 210149100 26082 1,932,012 1,665,112 266,900 1,665,112 266,900
Countrywide Cdt COM 222372104 302 8,000 8,000 8,000
Covance Inc COM 222816100 16509 2,016,410 1,702,410 314,000 1,702,410 314,000
Cytec Inds COM 232820100 1568 46,900 46,900 46,900
Daisytek Inc COM 234053106 568 90,000 90,000 90,000
Delphi Fin'l Gr COM 247131105 20827 514,259 433,809 80,450 433,809 80,450
Dentsply Int'l COM 249030107 25558 731,544 626,694 104,850 626,694 104,850
Devon Energy COM 25179M103 4102 68,200 68,200 68,200
Family Dollar COM 307000109 28388 1,474,714 1,243,214 231,500 1,243,214 231,500
Fed Home Ln Mtg COM 313400301 924 17,100 17,100 17,100
Fed Natl Mtg An COM 307160200 3629 50,760 50,760 50,760
First Merit COM 337915102 897 39,100 39,100 39,100
G&K Services CL A 361268105 26530 945,375 808,025 137,350 808,025 137,350
General Cable COM 369300108 303 40,000 40,000 40,000
General Elec COM 369604103 208 3,600 3,600 3,600
Gen'l Semicond COM 370787103 2620 215,000 215,000 215,000
Genrad Inc COM 437930678 385 35,000 35,000 35,000
Giga-Tronics COM 375176106 338 49,800 49,800 49,800
Great Lakes Chm COM 390568103 11207 382,345 317,945 64,400 317,945 64,400
Grey Wolf COM 397888108 719 125,000 125,000 125,000
HNC Software COM 40425P107 10709 130,900 130,900 130,900
Haemonetics CorpCOM 405024100 10169 398,770 335,770 63,000 335,770 63,000
Hanover Compres COM 410768105 659 20,000 20,000 20,000
Heller Finance COM 423328103 2613 91,500 91,500 91,500
Idexx LaboratoryCOM 451680104 6600 246,720 212,720 34,000 212,720 34,700
Insight Comm COM 45768V108 794 50,000 50,000 50,000
Interwoven Inc COM 46114T102 5427 48,000 48,000 48,000
Keane Inc COM 486665102 5771 331,640 295,240 36,400 295,240 36,400
Key Energy Svcs COM 492914106 245 25,000 25,000 25,000
Key3 Media Grp COM 49326R104 2023 185,000 185,000 185,000
Kforce.com COM 493732101 497 142,020 142,020 142,020
Kimball Int'l CL A 494274202 384 23,300 23,300 23,300
Kinder Morgan COM 49455P101 4094 100,000 100,000 100,000
LCC Int'l CL A 501810105 870 60,000 60,000 60,000
Laboratory Corp COM 50540R409 2994 25,000 25,000 25,000
Ladish Co. COM 505754200 1488 113,400 113,400 113,400
Lodgenet Enter COM 540211109 1689 58,500 58,500 58,500
MGIC Investment COM 552848103 22258 364,145 316,345 47,800 316,345 47,800
MKS Instruments COM 55306N104 5393 197,000 197,000 197,000
Maverick Tube COM 377914104 2529 90,000 90,000 90,000
Marshall&Ilsley COM 571834100 27068 540,002 540,002 540,002
McMoran Explor COM 582411104 232 20,000 20,000 20,000
Mediacom Comm Cl A 58446K105 161 10,000 10,000 10,000
Metron Tech COM N5665B105 2136 267,000 267,000 267,000
Mineral Tech COM 603158106 14241 309,590 254,890 54,700 254,890 54,700
Mitel Corp COM 606711109 1435 70,000 70,000 70,000
Modis Prof Svcs COM 607830106 6172 1,189,760 1,000,010 189,750 1,000,010 189,750
Molecular Dvcs COM 60851C107 2309 23,500 23,500 23,500
Molex Inc CL A 608554200 1745 42,100 42,100 42,100
Morrison Mgmt COM 618459101 12039 407,421 363,476 43,945 363,476 43,945
Motient Corp. COM 619908106 1589 112,500 112,500 112,500
Newpark Rescs. COM 651718504 648 70,000 70,000 70,000
Noble Affl COM 654894104 3453 93,000 93,000 93,000
Noble Drilling COM 655042109 303 6,000 6,000 6,000
Nova Corp COM 669784100 13729 801,700 677,400 124,300 677,400 124,300
Objective Sys COM 674424106 304 35,000 35,000 35,000
Offshore Logist COM 676255102 715 40,000 40,000 40,000
Old Republic COM 680223104 27923 1,160,421 1,008,471 151,950 1,008,471 151,950
Oshkosh Truck CL B 688239201 1160 28,800 28,800 28,800
Parker Drilling COM 701081101 665 95,000 95,000 95,000
Partneere Ltd. COM G6852T105 2690 56,700 56,700 56,700
Paxar Corp COM 704227107 10619 1,188,190 986,440 201,750 986,440 201,750
Penn Traffic COM 707832101 11 10,500 10,500 10,500
Pioneer Stndrd COM 723877106 18736 1,381,465 1,233,215 148,250 1,233,215 148,250
Policy Mgmt COM 731108106 134 10,000 10,000 10,000
Pride Intl COM 741932107 7274 274,500 274,500 274,500
Primedia Inc COM 74157K101 2047 125,000 125,000 125,000
Proctor &Gamble COM 742718109 235 3,500 3,500 3,500
Progressive Cor COM 743315103 639 7,800 7,800 7,800
Prologis Tr COM 743410102 24579 1,034,895 875,745 159,150 875,745 159,150
Prosperity Banc COM 743606105 551 30,000 30,000 30,000
Protective Life COM 743674103 448 15,000 15,000 15,000
Quest Diagostic COM 74834L100 9377 81,700 81,700 81,700
Regal Beloit COM 758750103 10064 593,406 489,306 104,100 489,306 104,100
Remington Oil COM 759594302 522 50,000 50,000 50,000
Renal Care Grp COM 759930100 9042 485,450 408,350 77,100 408,350 77,100
Republic Svcs COM 760759100 29007 2,210,069 1,925,919 284,150 1,925,919 284,150
Retek Inc COM 76128Q109 14326 270,300 270,300 270,300
Robbins & Myers COM 770196103 1928 81,600 81,600 81,600
Rockwell Intl COM 773903109 455 15,000 15,000 15,000
Rogers Corp COM 775133101 2631 83,200 83,200 83,200
SBE Inc COM 783873201 691 65,000 65,000 65,000
Safeco Corp COM 786429100 1363 50,000 50,000 50,000
Sawtec Inc. COM 805468105 770 20,000 20,000 20,000
Security Cap CL B 81413P204 10428 550,670 451,370 99,300 451,370 99,300
Shaw Group Inc COM 820280105 423 6,000 6,000 6,000
Sigma Aldrich COM 826552101 14187 429,895 355,645 74,250 355,645 74,250
SignalSoft Corp COM 82668M102 2803 69,000 69,000 69,000
Silicon Graphic COM 827056102 40 10,000 10,000 10,000
Starmedia Netwk COM 855546107 146 19,500 19,500 19,500
Stamford COM 852902105 184 32,000 32,000 32,000
Steris Corp COM 859152100 589 49,100 49,100 49,100
Stratos Ltwave COM 863100103 3741 116,000 116,000 116,000
SunGard Data COM 867363103 42697 997,300 865,600 131,700 865,600 131,700
Sybron Corp COM 87114F106 25550 1,064,585 900,895 163,700 900,895 163,700
TJX Companies COM 872540109 270 12,000 12,000 12,000
Tekelec COM 879101103 921 28,000 28,000 28,000
Teledyne Tech COM 879360105 1235 42,400 42,400 42,400
Tellabs Inc COM 879664100 630 13,200 13,200 13,200
Tessco Tech COM 872386107 2652 104,000 104,000 104,000
Tetra Tech COM 88162G103 4699 164,500 164,500 164,500
Tollgrade Comm COM 889542106 3679 26,500 26,500 26,500
True North Comm COM 897844106 678 19,000 19,000 19,000
Unumprovident COM 91529y106 1608 59,000 59,000 59,000
Valero Energy COM 91913Y100 3695 105,000 105,000 105,000
Varian Inc COM 922206107 5090 118,200 118,200 118,200
Veritas DGC Inc COM 92343P107 2604 90,000 90,000
Viasystems COM 92553H100 9782 575,400 575,400 575,400
Vishay IntertechCOM 928298108 3193 103,000 103,000 103,000
Wallace Comput COM 932270101 1353 88,750 88,750 88,750
Washington Grp COM 61844A109 1029 90,000 90,000 90,000
Wausau Paper COM 943317107 6414 827,630 677,630 150,000 677,630 150,000
Westell Tech COM 957541105 484 37,600 37,600 37,600
Western Wire COM 95988E204 3384 95,000 95,000 95,000
World Wrestling COM 98156Q108 1063 70,000 70,000 70,000
Zebra Tech CL A 989207105 2701 56,200 56,200 56,200
Ziff Davis COM 989511100 3453 425,000 425,000 425,000
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