FORM 13F
COVER PAGE FOR FORM 13F
REPORT FOR THE CALENDER QUARTER ENDED JUNE 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: 130
FORM 13F INFORMATION TABLE VALUE TOTAL: 783,778
FORM 13F
<TABLE>
"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
ACTV Inc COM 00088E104 610 40,000 40,000 40,000
ADC Telecom COM 000886101 7064 83,850 83,850 83,850
ACT Mfg COM 000973107 1119 25,000 25,000 25,000
Abbott Lab COM 002824100 273 6,166 6,166 6,166
Acxiom Corp COM 005125109 12231 424,500 358,900 65,600 358,900 65,600
Adelphia Busin CLA 006847107 1426 62,000 62,000 62,000
Adelphia Commun COM 006848105 10370 218,892 197,292 21,600 197,292 21,600
Allstate Corp COM 020002101 235 10,000 10,000 10,000
Amcore Fincl COM 023912108 647 36,222 36,222 36,222
Anadigics Inc COM 032515108 1253 35,000 35,000 35,000
Andrew Corp COM 034425108 1524 45,000 45,000 45,000
Anicom Inc COM 035250109 145 40,000 40,000 40,000
Aptar Group Inc COM 038336103 19009 669,930 566,230 103,700 566,230 103,700
Arguss Comm COM 040282105 1073 57,200 57,200 57,200
Arrow Elec COM 042735100 18180 550,920 475,420 75,500 475,420 75,500
Assctd Bancorp COM 045487105 14584 612,432 551,388 61,044 551,388 61,044
Baker Hughes COM 057224107 329 10,000 10,000 10,000
Bell Canada COM 077914109 1472 50,000 50,000 50,000
Bell & Howell COM 077852101 10690 444,240 368,340 75,900 368,340 75,900
Blackhawk Bcorp COM 09237E105 383 37,412 37,412 37,412
Block, H & R COM 093671105 14002 426,730 363,130 63,600 363,130 63,600
Brady, W.H. CL A 104674106 13341 410,498 336,398 74,100 336,398 74,100
Burr Brown COM 122574106 2794 32,000 32,000 32,000
CSG Systems COM 126349109 2280 40,000 40,000 40,000
CNA Surety COM 12612L108 763 63,600 63,600 63,600
Cambrex Corp COM 132011107 28220 604,435 505,335 99,100 505,335 99,100
Casella Waste COM 147448104 14393 1,378,960 1,188,260 190,700 1,188,260 190,700
Casey's Gen St COM 147528103 17757 1,721,868 1,477,668 244,200 1,477,668 244,200
Channell Coml COM 159186105 726 57,500 57,500 57,500
Classic Commun COM 182728204 595 65,600 65,600 65,600
Comple Tel COM N21590109 4330 360,870 307,270 53,600 307,270 53,600
Consolidated St COM 210149100 25702 2,006,032 1,735,432 270,600 1,735,432 270,600
Covance Inc COM 222816100 18923 2,088,060 1,770,060 318,000 1,770,060 318,000
Daisytek Inc COM 234053106 698 75,000 75,000 75,000
Delphi Fin'l Gr COM 247131105 18548 533,767 452,267 81,500 452,267 81,500
Dentsply Int'l COM 249030107 23693 783,239 676,239 107,000 676,239 107,000
Exxon Mobil COM 302290101 217 2723 2723 2723
Family Dollar COM 307000109 17045 888,339 787,739 100,600 787,739 100,600
Fed Home Ln Mtg COM 313400301 702 17,100 17,100 17,100
Fed Natl Mtg An COM 307160200 2933 54,760 54,760 54,760
First Merit COM 337915102 1303 61,300 61,300 61,300
G&K Services CL A 361268105 25337 1,016,020 855,520 160,500 855,520 160,500
Gen'l Semicond COM 370787103 2100 140,000 140,000 140,000
Genrad Inc COM 437930678 335 35,000 35,000 35,000
Georgia Golf COM 373200203 1164 54,000 54,000 54,000
Giga-Tronics COM 375176106 461 49,800 49,800 49,800
Great Lakes Chm COM 390568103 12434 390,095 324,995 65,100 324,995 65,100
HNC Software COM 40425P107 4914 84,900 84,900 84,900
Haemonetics CorpCOM 405024100 8486 410,190 346,190 64,000 346,190 64,000
Hall Kinion COM 406069104 853 25,000 25,000 25,000
Heller Finance COM 423328103 1666 81,500 81,500 81,500
ICG Communictn COM 449246107 993 45,000 45,000 45,000
Idexx LaboratoryCOM 451680104 5736 252,140 217,440 34,700 217,440 34,700
Imagex.Com Inc COM 45244D102 282 47,500 47,500 47,500
Insight Comm COM 45768V108 788 50,000 50,000 50,000
Interwoven Inc COM 46114T102 2007 17,000 17,000 17,000
Keane Inc COM 486665102 5611 257,240 220,340 36,900 220,340 36,900
Kforce.com COM 493732101 5506 793,630 662,430 131,200 662,430 131,200
Lodgenet Enter COM 540211109 1492 58,500 58,500 58,500
MGIC Investment COM 552848103 16536 363,430 315,030 48,400 315,030 48,400
MKS Instruments COM 55306N104 2769 71,000 71,000 71,000
Manitowoc Inc COM 563571108 2863 95,050 95,050 95,050
Marshall&Ilsley COM 571834100 23911 548,102 548,102 548,102
Mediacom Comm Cl A 58446K105 151 10,000 10,000 10,000
Mentor Graphics COM 587200106 598 30,000 30,000 30,000
Metron Tech COM N5665B105 1338 107,000 107,000 107,000
Mineral Tech COM 603158106 14947 323,620 268,420 55,200 268,420 55,200
Mitel Corp COM 606711109 1279 60,000 60,000 60,000
Modis Prof Svcs COM 607830106 12324 1,388,600 1,186,200 202,400 1,186,200 202,400
Morrison Knut COM 61844A109 219 30,000 30,000 30,000
Morrison Mgmt COM 618459101 11855 420,588 376,038 44,550 376,038 44,550
Noble Affl COM 654894104 1932 51,000 51,000 51,000
Noble Drilling COM 655042109 254 6,000 6,000 6,000
Nova Corp COM 669784100 12499 446,390 384,980 61,400 384,980 61,400
Objective Sys COM 674424106 376 35,000 35,000 35,000
Old Republic COM 680223104 18187 1,046,726 892,826 153,900 892,826 153,900
Oshkosh Truck CL B 688239201 1318 36,300 36,300 36,300
Paxar Corp COM 704227107 14443 1,242,440 1,038,340 204,100 1,038,340 204,100
PFSWeb Inc COM 717098107 585 121,500 121,500 121,500
Penn Traffic COM 707832101 11 10,500 10,500 10,500
Pioneer Stndrd COM 723877106 23628 1,601,885 1,407,485 194,400 1,407,485 194,400
Policy Mgmt COM 731108106 154 10,000 10,000 10,000
Pride Intl COM 741932107 3245 134,500 134,500 134,500
Primedia Inc COM 74157K101 3131 150,000 150,000 150,000
Progressive Cor COM 743315103 591 7,800 7,800 7,800
Prologis Tr COM 743410102 23016 1,067,415 906,315 161,100 906,315 161,100
Protective Life COM 743674103 1050 40,000 40,000 40,000
Quest Diagostic COM 74834L100 5411 73,000 73,000 73,000
Regal Beloit COM 758750103 9426 571,246 466,046 105,200 466,046 105,200
Remington Oil COM 759594302 150 20,000 20,000 20,000
Renal Care Grp COM 759930100 6304 257,310 218,310 39,000 218,310 39,000
Republic Svcs COM 760759100 36480 2,262,349 1,974,449 287,900 1,974,449 287,900
Retek Inc COM 76128Q109 3892 123,300 123,300 123,300
Rockwell Intl COM 773903109 476 15,000 15,000 15,000
Rogers Corp COM 775133101 2954 81,500 81,500 81,500
Ross Stores COM 778296103 649 37,500 37,500 37,500
SBE Inc COM 783873201 1337 65,000 65,000 65,000
Safeco Corp COM 786429100 948 45,000 45,000 45,000
SantaFe Snyder COM 80218K105 2244 190,000 190,000 190,000
Sealed Air Corp COM 81211K100 269 5,000 5,000 5,000
Security Cap CL B 81413P204 6380 379,500 292,500 87,000 292,500 87,000
Sideware Sys COM 825906108 233 60,000 60,000 60,000
Sigma Aldrich COM 826552101 13003 441,730 366,530 75,200 366,530 75,200
Silicon Graphic COM 827056102 39 10,000 10,000 10,000
Starmedia Netwk COM 855546107 1071 57,500 57,500 57,500
Stamford COM 852902105 302 32,000 32,000 32,000
Steris Corp COM 859152100 445 49,100 49,100 49,100
SunGard Data COM 867363103 31748 1,028,265 889,865 138,400 889,865 138,400
Sybron Corp COM 87114F106 15358 787,575 672,075 115,500 672,075 115,500
TJX Companies COM 872540109 223 12,000 12,000 12,000
Tekelec COM 879101103 481 10,000 10,000 10,000
Teledyne Tech COM 879360105 755 43,000 43,000 43,000
Tellabs Inc COM 879664100 720 10,200 10,200 10,200
Tessco Tech COM 872386107 2888 100,000 100,000 100,000
Tetra Tech COM 88162G103 1695 74,500 74,500 74,500
Tollgrade Comm COM 889542106 5856 43,200 43,200 43,200
True North Comm COM 897844106 1298 30,000 30,000 30,000
Valero Energy COM 91913Y100 2339 75,000 75,000 75,000
Varian Inc COM 922206107 5007 108,700 108,700 108,700
Viasystems COM 92553H100 6648 392,500 392,500 392,500
Vishay IntertechCOM 928298108 3205 81,000 81,000 81,000
Voicestream COM 928615103 2500 21,194 21,194 21,194
Wallace Comput COM 932270101 6224 622,400 529,200 93,200 529,200 93,200
Wausau Paper COM 943317107 7957 866,080 716,080 150,000 716,080 150,000
Westell Tech COM 957541105 1020 66,600 66,600 66,600
Western Wire COM 95988E204 3416 64,000 64,000 64,000
Wind River Sys COM 973149107 994 27,000 27,000 27,000
World Wrestling COM 98156Q108 1316 65,000 65,000 65,000
Zebra Tech CL A 989207105 2128 49,200 49,200 49,200
Ziff Davis COM 989511100 3032 330,000 330,000 330,000
</TABLE>
