UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of
1934 (Amendment)
NAME OF ISSUER St. John Knits Inc
(nyse)
TITLE OF CLASS OF SECURITIES Common
CUSIP NUMBER 790289102
The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect to the
subject class of securities, and for any subsequent amendment
containing information which would alter the disclosures provided
in a prior cover page.
The information required in the remainder of this cover page shall
not be deemed to be "filed" for the purpose of Section 18 of the
Securities Exchange Act of 1934 ("Act") or otherwise subject to
the liabilities of that section of the Act but shall be subject to
all other provisions of the Act (however, see the Notes).
Page 1 of 10 Pages
13G
CUSIP No. 790289102 Page 2 of 10
Pages
- ------------------------------------------------------------------
- -----------
1. Name of reporting person
S.S. or I.R.S. identification no. of above person
Marsh & McLennan Companies, Inc.
36-2668272 --------------------------------------------------
- ---------------------------
2. Check the appropriate box if a member of a group*
(a)( ) (b)( ) -------------------------------------
- ----------------------------------------
3. SEC use only
- ------------------------------------------------------------------
- -----------
4. Citizenship or place of organization
Delaware ----------------------------------------------------
- -------------------------
5. Sole Voting
Power
NONE --------------------------
---
Number of shares ) 6. Shared Voting Power
Beneficially )
Owned by each ) NONE
Reporting ) -----------------------------
Person with: ) 7. Sole Dispositive
Power
NONE --------------------------
---
8. Shared
Dispositive Power
NONE --------------------------
- ---------------------------------------------------
9. Aggregate amount beneficially owned by each reporting person
NONE --------------------------------------------------------
- ---------------------
10. Check box if the aggregate amount in row (9) excludes
certain shares*
- ------------------------------------------------------------------
- -----------
11. Percent of class represented by amount in row 9
NONE --------------------------------------------------------
- ---------------------
12. Type of Reporting person*
HC ----------------------------------------------------------
- -------------------
13G
CUSIP No. 790289102 Page 3 of 10
Pages
- ------------------------------------------------------------------
- -----------
1. Name of reporting person
S.S. or I.R.S. identification no. of above person
Putnam Investments, Inc.
04-2539558 ------------------------------------------------
- -----------------------------
2. Check the appropriate box if a member of a group*
(a)( ) (b)( ) --------------------------------
- ---------------------------------------------
3. SEC use only
- ------------------------------------------------------------------
- -----------
4. Citizenship or place of organization
Massachusetts ------------------------------------------
- -----------------------------------
5. Sole Voting
Power
NONE
Number of shares ) --------------------------
- --
- -
Beneficially ) 6. Shared Voting Power
owned by each )
111,727
Reporting )
Person with: ) -----------------------------
7. Sole
Dispositive Power
NONE --------------------------
---
8. Shared
Dispositive Power
598,000 -----------------------
- ------------------------------------------------------
9. Aggregate amount beneficially owned by each reporting person
598,000
- ------------------------------------------------------------------
- -----------
10. Check box if the aggregate amount in row (9) excludes
certain shares*
- ------------------------------------------------------------------
- -----------
11. Percent of class represented by amount in row 9
3% ------------------------------------------------
- -----------------------------
12. Type of Reporting person*
HC --------------------------------------------------------
- ---------------------
13G
CUSIP No. 790289102 Page 4 of 10
Pages
- ------------------------------------------------------------------
- -----------
1. Name of reporting person
S.S. or I.R.S. identification no. of above person
Putnam Investment Management, Inc.
04-2471937
- ------------------------------------------------------------------
- -----------
2. Check the appropriate box if a member of a group*
(a)( ) (b)( ) --------------------------------
- ---------------------------------------------
3. SEC use only
- ------------------------------------------------------------------
- -----------
4. Citizenship or place of organization
Massachusetts -----------------------------------------------
- ------------------------------
5. Sole Voting
Power
NONE
Number of shares ) --------------------------
- --
- -
Beneficially ) 6. Shared Voting Power
Owned by each )
Reporting ) NONE
Person with: ) -----------------------------
7. Sole
Dispositive Power
NONE --------------------------
---
8. Shared
Dispositive Power
425,773 -----------------------
- ------------------------------------------------------
9. Aggregate amount beneficially owned by each reporting
person
425,773 ------------------------------------------------
- -----------------------------
10. Check box if the aggregate amount in row (9) excludes
certain shares*
- ------------------------------------------------------------------
- -----------
11. Percent of class represented by amount in row 9
2% -----------------------------------------------------
- ------------------------
12. Type of Reporting person*
IA -------------------------------------------------------
- ------------
----------
13G
CUSIP No. 790289102 Page 5 of 10
Pages
- ------------------------------------------------------------------
- -----------
1. Name of reporting person
S.S. or I.R.S. identification no. of above person
The Putnam Advisory Company, Inc.
04-6187127 -----------------------------------------------
- ------------------------------
2. Check the appropriate box if a member of a group*
(a)( ) (b)( )
- ------------------------------------------------------------------
- -----------
3. SEC use only
- ------------------------------------------------------------------
- -----------
4. Citizenship or place of organization
Massachusetts -------------------------------------
- ----------------------------------------
5. Sole Voting
Power
NONE
Number of shares ) --------------------------
- --
- -
Beneficially ) 6. Shared Voting Power
Owned by each )
Reporting ) 111,727
Person with: ) -----------------------------
7. Sole
Dispositive Power
NONE --------------------------
---
8. Shared
Dispositive Power
172,227 -----------------------
- ------------------------------------------------------
9. Aggregate amount beneficially owned by each reporting person
172,227 -------------------------------------------
- ----------------------------------
10. Check box if the aggregate amount in row (9) excludes certain
shares*
- ------------------------------------------------------------------
- -----------
11. Percent of class represented by amount in row 9
1% ----------------------------------------------------------
- -------------------
12. Type of Reporting person*
IA -------------------------------------------------------
- ----------------------
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of
1934 (Amendment No. 1)
Item 1(a) Name of Issuer: St. John Knits Inc (nyse)
Item 1(b) Address of Issuer's Principal Executive Offices:
17422 Derian Ave, Irvine, CA 92715,
Item 2(a) Item 2(b)
Name of Person Filing: Address or
Principal Office or, if NONE,
Residence:
Putnam Investments, Inc. One Post Office Square
("PI") Boston, Massachusetts
02109
on behalf of itself and:
*Marsh & McLennan Companies, Inc. 1166 Avenue of the
Americas
("MMC") New York, NY 10036
Putnam Investment Management, Inc. One Post Office Square
("PIM") Boston, Massachusetts
02109
The Putnam Advisory Company, Inc. One Post Office Square
("PAC") Boston, Massachusetts
02109
Item 2(c) Citizenship: PI, PIM and PAC are corporations
organized under Massachusetts law. The citizenship
of other persons identified in Item 2(a) is
designated as follows:
* Corporation - Delaware law
** Voluntary association known as
Massachusetts business trust - Massachusetts
law
Item 2(d) Title of Class of Securities: Common
Item 2(e) Cusip Number: 790289102
Page 6 of 10 Pages
Item 3. If this statement is filed pursuant to Rules 13d-1(b),
or
13d-2(b), check whether the person filing is a:
(a)( ) Broker or Dealer registered under Section 15 of the Act
(b)( ) Bank as defined in Section 3(a)(6) of the Act
(c)( ) Insurance Company as defined in Section 3(a)(19) of the
Act
(d)( ) Investment Company registered under Section 8 of the
Investment Company Act
(e)( X ) Investment Adviser registered under Section 203 of the
Investment Advisers Act of 1940
(f)( ) Employee Benefit Plan, Pension Fund which is subject to
the provisions of the Employee Retirement Income Security
Act of 1974 or Endowment Fund; see (Section
240.13d-1(b)(1)(ii)(F)
(g)( X ) Parent Holding Company, in accordance with Section
240.13d-1(b)(ii)(G)
(h)( ) Group, in accordance with Section 240.13d-1(b)(1)(ii)(H)
Page 7 of 10 Pages
<TABLE><CAPTION>
Item 4.
Ownership.
<S> <C> <C> <C> <C>
M&MC PIM* PAC PI
----- ----- --- ----
(Parent holding (Investment advisers (Parent
company
company to PI) & subsidiaries of PI) to PIM and PAC)
(a) Amount Beneficially
Owned: NONE 425,773 + 172,227 = 598,000
(b) Percent of Class: NONE 2% + 1% = 3%
(c) Number of shares as
to which such person has:
(1) sole power to vote
or to direct the vote;
(but see Item 7) NONE NONE NONE NONE
(2) shared power to vote
or to direct the vote;
(but see Item 7) NONE NONE 111,727 111,727
(3) sole power to dispose
or to direct the
disposition of;
(but see Item 7) NONE NONE NONE
NONE
(4) shared power to
dispose or to direct
the disposition of;
(but see Item 7) NONE ALL ALL
ALL
Page 8 of 10 Pages
</TABLE>
Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as
of the date thereof the reporting person has ceased to be
the beneficial owner of more than five percent of the
class of securities, check the following ( X ).
Item 6. Ownership of More than Five/Ten Percent on
Behalf
of Another Person:
No persons other than the persons filing this Schedule 13G
have an economic interest in the securities reported on
which relates to more than five percent of the class of
securities. Securities reported on this Schedule 13G as
being beneficially owned by M&MC and PI consist of
securities beneficially owned by subsidiaries of PI which
are registered investment advisers, which in turn include
securities beneficially owned by clients of such
investment advisers, which clients may include investment
companies registered under the Investment Company Act
and/or employee benefit plans, pension funds, endowment
funds or other institutional clients.
Item 7. Identification and Classification of the
Subsidiary Which Acquired the Security Being Reported on
By the Parent Holding Company.
PI, which is a wholly-owned subsidiary of M&MC, wholly
owns two registered investment advisers: Putnam
Investment Management, Inc., which is the investment
adviser to the Putnam family of mutual funds and The
Putnam Advisory Company, Inc., which is the investment
adviser to Putnam's institutional clients. Both
subsidiaries have dispository power over the shares as
investment managers, but each of the mutual fund's
trustees have voting power over the shares held by each
fund, and The Putnam Advisory Company, Inc. has shared
voting power over the shares held by the institutional
clients. Pursuant to Rule 13d-4, M&MC and PI declare that
the filing of this Schedule 13G shall not be deemed an
admission by either or both of them that they are, for the
purposes of Section 13(d) or 13(g) the beneficial owner of
any securities covered by this Section 13G, and further
state that neither of them have any power to vote or
dispose of, or direct the voting or disposition of, any of
the securities covered by this Schedule 13G.
Item 8. Identification and Classification of Members of
the Group:
Not applicable.
Item 9. Notice of Dissolution of Group:
Not applicable.
Item 10. Certification.
Page 9 of 10 Pages
By signing below I certify that, to the best of my
knowledge and belief, the securities referred to above
were acquired in the ordinary course of business, were not
acquired for the purpose of and do not have the effect of
changing or influencing the control of the issuer of such
securities and were not acquired in connection with or as
a participant in any transaction having such purposes or
effect.
After reasonable inquiry and to the best of my knowledge
and belief, I certify that the information set forth in
this statement is true, complete and correct.
PUTNAM INVESTMENTS, INC.
/s/Frederick S. Marius
BY: -----------------------------------------
-Signature
Name/Title: Frederick S. Marius
Vice President and Counsel
Date: November 6, 1997
For this and all future filings, reference is made to
Power of Attorney dated November 9, 1992, with respect to
duly authorized signatures on behalf of Marsh & McLennan
Companies, Inc., Putnam Investments, Inc., Putnam
Investment Management, Inc., The Putnam Advisory Company,
Inc. and any Putnam Fund wherever applicable.
For this and all future filings, reference is made to an
Agreement dated June 28, 1990, with respect to one filing
of Schedule 13G on behalf of said entities, pursuant to
Rule 13d-1(f)(1).
Page 10 of 10 Pages
