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.
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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
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<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
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