GULF INVESTMENT MANAGEMENT INC /TX/
13F-HR, 2001-01-05
Previous: FORTIS SERIES FUND INC, 497, 2001-01-05
Next: DATAWATCH CORP, SC 13D, 2001-01-05



                           UNITED STATES
                 SECURITIES AND EXCHANGE COMMISSION
                        Washington, D.C. 20549

                              FORM 13F

                        FORM 13F COVER PAGE

Report for the Calendar Year or Quarter Ended:  December 31,2000

Check here if Amendment [   ];  Amendment Number:
This Amendment (Check only one.): [   ]  is a restatement.
                                  [   ]  adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:     Gulf Investment Management, Inc.
Address:  840 Gessner
          Suite 500
          Houston, Tx 77024

13F File Number: 000792016

The institutional investment manager filing this report and the
person by whom it is signed hereby represent 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 integral parts of
this form.

Person Signing this Report on Behalf of Reporting Manager:

Name:  T.C. Toomey
Title: Managing Director
Phone: 713 461 0660
Signature, Place and Date of Signing:

    T.C. Toomey    Houston, Texas    January 4, 2001

Report Type  (Check only one.):

[X]         13F HOLDINGS REPORT.

[ ]         13F NOTICE

[ ]         13F COMBINATION REPORT

List of Other Managers Reporting for this Manager:


I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934.
<PAGE>
                         FORM 13F SUMMARY PAGE


Report Summary:

Number of Other Included Managers:  0

For 13F Information Table Entry Total: 111

Form 13F Information Table Value Total: 2,173,621,000



List of Other Included Managers:

No.   13F File Number      Name

<PAGE>
<TABLE>
                                                                  FORM 13F INFORMATION TABLE
                                                           VALUE   SHARES/  SH/ PUT/ INVSTMT    OTHER          VOTING AUTHORITY
        NAME OF ISSUER          TITLE OF CLASS    CUSIP   (x$1000) PRN AMT  PRN CALL DSCRETN   MANAGERS     SOLE    SHARED    NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S>                            <C>              <C>       <C>      <C>      <C> <C>  <C>     <C>          <C>      <C>      <C>
A.H. BELO CORP. CL A           COM              080555105      224    14000 SH       SOLE                                      14000
A.T. & T. CORPORATION          COM              001957109    21220  1230119 SH       SOLE                                    1230119
                                                               129     7500 SH       OTHER                                      7500
ABBOTT LABS                    COM              002824100    19139   395130 SH       SOLE                                     395130
ALBERTSON'S                    COM              013104104    61061  2304201 SH       SOLE                                    2304201
ALCOA, INC.                    COM              013817101    73259  2186849 SH       SOLE                                    2186849
ALLSTATE CORP.                 COM              020002101   126568  2905439 SH       SOLE                                    2905439
AMERICAN EXPRESS               COM              025816109   104202  1896738 SH       SOLE                                    1896738
AMERICAN GENERAL               COM              026351106    59482   729835 SH       SOLE                                     729835
                                                               489     6000 SH       OTHER                                      6000
AMERICAN GREETINGS CLASS A     COM              026375105     1109   117500 SH       SOLE                                     117500
AMERICAN HOME PRODUCTS         COM              026609107      324     5100 SH       SOLE                                       5100
                                                               754    11872 SH       OTHER                                     11872
AVON PRODUCTS                  COM              054303102      364     7604 SH       SOLE                                       7604
BANC ONE CORP.                 COM              06423A103     2131    58195 SH       SOLE                                      58195
BANK OF AMERICA CORP.          COM              060505104    68989  1503846 SH       SOLE                                    1503846
BAXTER INTERNATIONAL           COM              071813109   112192  1270400 SH       SOLE                                    1270400
                                                               667     7549 SH       OTHER                                      7549
BECKMAN COULTER, INC.          COM              075811109     3523    84000 SH       SOLE                                      84000
BELDEN, INC.                   COM              077459105     3708   146119 SH       SOLE                                     146119
BP AMOCO PLC                   COM              055622104    32533   679537 SH       SOLE                                     679537
BRISTOL MYERS                  COM              110122108    93868  1269555 SH       SOLE                                    1269555
BURLINGTON RESOURCES           COM              122014103    57278  1134223 SH       SOLE                                    1134223
                                                                30      600 SH       OTHER                                       600
CHASE MANHATTAN CORP.          COM              16161A108    83066  1828141 SH       SOLE                                    1828141
CHEVRON                        COM              166751107    73337   868533 SH       SOLE                                     868533
                                                               304     3600 SH       OTHER                                      3600
CHUBB CORP.                    COM              171232101   112310  1298386 SH       SOLE                                    1298386
COCA COLA                      COM              191216100      817    13400 SH       SOLE                                      13400
                                                              1284    21066 SH       OTHER                                     21066
CONOCO, INC. CLASS A           COM              208251306      215     7500 SH       SOLE                                       7500
CONOCO, INC. CLASS B           COM              208251405      284     9800 SH       SOLE                                       9800
DELPHI AUTOMOTIVE SYS.         COM              247126105    45134  4011941 SH       SOLE                                    4011941
                                                                31     2795 SH       OTHER                                      2795
DOW JONES & CO., INC.          COM              260561105    57565  1016598 SH       SOLE                                    1016598
DUKE ENERGY CORP.              COM              264399106     9265   108681 SH       SOLE                                     108681
                                                               356     4177 SH       OTHER                                      4177
DUPONT                         COM              263534109    67381  1394689 SH       SOLE                                    1394689
                                                               135     2800 SH       OTHER                                      2800
ELECTRONIC DATA SYSTEMS        COM              285661104    68164  1180329 SH       SOLE                                    1180329
EXELON CORP.                   COM              30161N101    11032   157126 SH       SOLE                                     157126
EXXON MOBIL                    COM              30231G102     2872    33037 SH       SOLE                                      33037
                                                               522     6000 SH       OTHER                                      6000
FEDERAL NAT'L MORTGAGE ASSN.   COM              313586109      694     8000 SH       SOLE                                       8000
GANNETT INC.                   COM              364730101     2724    43200 SH       SOLE                                      43200
                                                               189     3000 SH       OTHER                                      3000
GENERAL ELECTRIC               COM              369604103      664    13860 SH       SOLE                                      13860
                                                              1381    28800 SH       OTHER                                     28800
GENERAL MOTORS                 COM              370442105     3746    73550 SH       SOLE                                      73550
                                                               204     4000 SH       OTHER                                      4000
GEORGIA PACIFIC                COM              373298108      137     4400 SH       SOLE                                       4400
                                                                75     2400 SH       OTHER                                      2400
HALLIBURTON COMPANY            COM              406216101      619    17070 SH       SOLE                                      17070
                                                               203     5600 SH       OTHER                                      5600
INTEL                          COM              458140100     1138    37860 SH       SOLE                                      37860
                                                              1154    38400 SH       OTHER                                     38400
INTL. BUSINESS MACHINES        COM              459200101     4825    56768 SH       SOLE                                      56768
                                                               340     4000 SH       OTHER                                      4000
JOHNSON & JOHNSON              COM              478160104   100491   956485 SH       SOLE                                     956485
JOHNSON CONTROLS               COM              478366107      291     5600 SH       SOLE                                       5600
KIMBERLY-CLARK CORPORATION     COM              494368103     8506   120332 SH       SOLE                                     120332
LEE ENTERPRISES                COM              523768109     3653   122543 SH       SOLE                                     122543
LUBY'S INC.                    COM              549282101      706   117600 SH       SOLE                                     117600
MAY DEPARTMENT STORES          COM              577778103    21254   648989 SH       SOLE                                     648989
MINNESOTA MNG & MFG            COM              604059105       96      800 SH       SOLE                                        800
                                                               361     3000 SH       OTHER                                      3000
McGRAW-HILL COMPANIES          COM              580645109      563     9600 SH       OTHER                                      9600
NISOURCE, INC.                 COM              65473P105      804    26160 SH       SOLE                                      26160
NORDSTROM, INC.                COM              655664100    11067   608475 SH       SOLE                                     608475
OMNICOM GROUP                  COM              681919106      224     2700 SH       SOLE                                       2700
                                                               331     4000 SH       OTHER                                      4000
PEPSICO INC.                   COM              713448108     4203    84793 SH       SOLE                                      84793
PFIZER                         COM              717081103     4586    99690 SH       SOLE                                      99690
                                                               828    18000 SH       OTHER                                     18000
PG&E CORP                      COM              69331C108    40132  2006584 SH       SOLE                                    2006584
PHARMACIA CORP                 COM              71713U102      220     3605 SH       SOLE                                       3605
                                                               316     5176 SH       OTHER                                      5176
PROCTER GAMBLE                 COM              742718109     1414    18028 SH       OTHER                                     18028
RENAISSANCE RE HOLDINGS        COM              G7496G103     8614   110000 SH       SOLE                                     110000
SBC COMMUNICATIONS, INC.       COM              78387G103    76943  1611370 SH       SOLE                                    1611370
                                                               143     3000 SH       OTHER                                      3000
SCHLUMBERGER                   COM              806857108    97358  1217928 SH       SOLE                                    1217928
                                                               224     2800 SH       OTHER                                      2800
SOUTHWEST AIRLINES             COM              844741108   182752  5450407 SH       SOLE                                    5450407
SOUTHWEST BANCORP TX           COM              84476R109      502    11700 SH       SOLE                                      11700
STERLING BANCSHARES, INC.      COM              858907108      550    27844 SH       SOLE                                      27844
TEXACO                         COM              881694103      349     5616 SH       SOLE                                       5616
TIDEWATER, INC.                COM              886423102     3677    82860 SH       SOLE                                      82860
TYCO INTERNATIONAL LTD.        COM              902124106     3059    55114 SH       SOLE                                      55114
                                                               500     9008 SH       OTHER                                      9008
UNION CARBIDE                  COM              905581104      215     4000 SH       OTHER                                      4000
UNION PACIFIC                  COM              907818108      284     5600 SH       OTHER                                      5600
VARIAN MEDICAL SYSTEMS, INC.   COM              92220P105      258     3800 SH       SOLE                                       3800
VERIZON COMMUNICATIONS         COM              92343V104    72216  1440721 SH       SOLE                                    1440721
VIACOM CL B                    COM              925524308     5043   107879 SH       SOLE                                     107879
                                                               183     3906 SH       OTHER                                      3906
WELLPOINT HEALTH NETWORKS      COM              94973H108     5202    45133 SH       SOLE                                      45133
WELLS FARGO & CO               COM              949746101   116185  2086374 SH       SOLE                                    2086374
WEYERHAEUSER                   COM              962166104     2258    44500 SH       SOLE                                      44500
                                                               127     2500 SH       OTHER                                      2500
XEROX                          COM              984121103     1496   323420 SH       SOLE                                     323420
                                                                25     5400 SH       OTHER                                      5400
</TABLE>


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission