<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000775180
<NAME> PBHG FUNDS
<SERIES>
<NUMBER> 120
<NAME> LARGE CAP VALUE FUND
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAR-31-2001
<PERIOD-START> APR-01-2000
<PERIOD-END> SEP-30-2000
<INVESTMENTS-AT-COST> 71501
<INVESTMENTS-AT-VALUE> 74231
<RECEIVABLES> 12992
<ASSETS-OTHER> 315
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 87538
<PAYABLE-FOR-SECURITIES> 22082
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 50
<TOTAL-LIABILITIES> 22132
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 59040
<SHARES-COMMON-STOCK> 4920
<SHARES-COMMON-PRIOR> 2751
<ACCUMULATED-NII-CURRENT> 295
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 3341
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2730
<NET-ASSETS> 65406
<DIVIDEND-INCOME> 412
<INTEREST-INCOME> 185
<OTHER-INCOME> 0
<EXPENSES-NET> (298)
<NET-INVESTMENT-INCOME> 299
<REALIZED-GAINS-CURRENT> 3406
<APPREC-INCREASE-CURRENT> 1232
<NET-CHANGE-FROM-OPS> 4937
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 7866
<NUMBER-OF-SHARES-REDEEMED> (5697)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 32484
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> (4)
<OVERDIST-NET-GAINS-PRIOR> (65)
<GROSS-ADVISORY-FEES> 172
<INTEREST-EXPENSE> 3
<GROSS-EXPENSE> 298
<AVERAGE-NET-ASSETS> 52649
<PER-SHARE-NAV-BEGIN> 11.97
<PER-SHARE-NII> 0.07
<PER-SHARE-GAIN-APPREC> 1.25
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 13.29
<EXPENSE-RATIO> 1.13
</TABLE>
