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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 2000
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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: Howard Hughes Medical Institute
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Address: 4000 Jones Bridge Road
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Chevy Chase, MD 20815-6789
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Form 13F File Number: 28-1897
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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: Richard A. Pender
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Title: Managing Director - Equities
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Phone: (301) 215-8697
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Signature, Place, and Date of Signing:
Chevy Chase, Maryland
_______________________________ ---------------------- ___________
[Signature] [City, State] [Date]
Report Type (Check only one):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
are reported in this report.)
[_] 13F NOTICE. (Check here if no holdings reported are in this report, and
all holdings are reported by other reporting manager(s).)
[_] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported by
other reporting manager(s).)
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: None
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Form 13F Information Table Entry Total: 133
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Form 13F Information Table Value Total: 1,850,219
(thousands)
List of Other Included Managers:
None.
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column headings
and list entries.]
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FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5
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VALUE SHRS OR SH/ PUT/
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NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL
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<S> <C> <C> <C> <C> <C> <C>
3COM CORP COMMON 885535104 9,220 160,000 SH N/A
ABBOTT LABORATORIES COMMON 002824100 23,173 520,000 SH N/A
AGILENT TECHNOLOGIES INC. COMMON 00846U101 4,782 64,838 SH N/A
ALCOA INC COMMON 013817101 27,260 940,000 SH N/A
ALLSTATE CORP COMMON 020002101 18,690 840,000 SH N/A
ALLTEL CORP COMMON 020039103 40,569 655,000 SH N/A
AMERICA ONLINE INC COMMON 02364J104 15,543 295,000 SH N/A
AMERICAN EXPRESS COMPANY COMMON 025816109 6,255 120,000 SH N/A
AMERICAN GENERAL CORP COMMON 026351106 6,100 100,000 SH N/A
AMERICAN HOME PRODUCTS COMMON 026609107 12,338 210,000 SH N/A
AMERICAN INTERNATIONAL GROUP COMMON 026874107 19,241 163,750 SH N/A
AMGEN INC COMMON 031162100 7,025 100,000 SH N/A
ANADARKO PETROLEUM CORPORATION COMMON 032511107 4,931 100,000 SH N/A
AON CORP COMMON 037389103 544 17,500 SH N/A
APPLE COMPUTER INC COMMON 037833100 11,523 220,000 SH N/A
APPLIED MATERIALS INC COMMON 038222105 9,063 100,000 SH N/A
ASSOCIATES FIRST CAPITAL - 'A' CLASS A 046008108 18,743 840,000 SH N/A
ASTRAZENECA GROUP PLC - ADR SPONSORED ADR 046353108 2,790 60,000 SH N/A
AUTOMATIC DATA PROCESSING COMMON 053015103 6,428 120,000 SH N/A
BANK OF AMERICA CORP COMMON 060505104 20,640 480,000 SH N/A
BAXTER INTERNATIONAL INC COMMON 071813109 29,531 420,000 SH N/A
BELL ATLANTIC CORP COMMON 077853109 69,740 1,372,500 SH N/A
BEMIS COMPANY INC. COMMON 081437105 10,760 320,000 SH N/A
BLACK & DECKER CORPORATION COMMON 091797100 26,996 686,700 SH N/A
BP AMOCO PLC - SPONS ADR SPONSORED ADR 055622104 6,788 120,000 SH N/A
BRIGGS & STRATTON CORPORATION COMMON 109043109 9,933 290,000 SH N/A
BRISTOL-MYERS SQUIBB CO COMMON 110122108 36,698 630,000 SH N/A
BURLINGTON RESOURCES INC COMMON 122014103 25,245 660,000 SH N/A
CABOT OIL & GAS CORPORATION CLASS A 127097103 1,271 60,000 SH N/A
CARDINAL HEALTH INC COMMON 14149Y108 11,056 149,400 SH N/A
CELL THERAPEUTICS INC COMMON 150934107 3,063 100,000 SH N/A
CHASE MANHATTAN CORP COMMON 16161A108 3,685 80,000 SH N/A
CHEVRON CORPORATION COMMON 166751107 5,937 70,000 SH N/A
CISCO SYSTEMS INC COMMON 17275R102 36,231 570,000 SH N/A
CITIGROUP INC COMMON 172967101 33,680 559,000 SH N/A
COMPUTER ASSOC INTL INC COMMON 204912109 31,608 617,500 SH N/A
CONOCO INC - CLASS B CLASS B 208251405 27,387 1,115,000 SH N/A
CVS CORP COMMON 126650100 9,260 231,500 SH N/A
DANAHER CORPORATION COMMON 235851102 6,012 121,600 SH N/A
DEERE & COMPANY COMMON 244199105 17,020 460,000 SH N/A
DISNEY WALT CO DEL COM DISNEY 254687106 3,105 80,000 SH N/A
DOVER CORP COMMON 260003108 5,038 124,200 SH N/A
DU PONT (EI) DE NEMOURS COMMON 263534109 2,188 50,000 SH N/A
EMC CORPORATION COMMON 268648102 16,157 210,000 SH N/A
EMERSON ELECTRIC COMPANY COMMON 291011104 22,339 370,000 SH N/A
ENRON CORPORATION COMMON 293561106 9,030 140,000 SH N/A
EQUIFAX INC COMMON 294429105 28,875 1,100,000 SH N/A
EQUITY OFFICE PROPERTIES TRUST COMMON 294741103 9,371 340,000 SH N/A
ETHAN ALLEN INTERIORS COMMON 297602104 10,080 420,000 SH N/A
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COLUMN 6 COLUMN 7 COLUMN 8
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INVSTMT OTHER VOTING AUTHORITY
DSCRETN MANAGER SOLE SHARED NONE
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<TABLE>
<S> <C> <C> <C> <C> <C> <C>
EXXON MOBIL CORP COMMON 30231G102 23,731 302,300 SH N/A
FANNIE MAE COMMON COMMON 313586109 32,878 630,000 SH N/A
FEDERATED DEPARTMENT STORES COMMON 31410H101 824 24,400 SH N/A
FLEET BOSTON FINANCIAL CORPORATION COMMON 339030108 22,950 675,000 SH N/A
FORD MOTOR COMPANY COMMON 345370100 3,870 90,000 SH N/A
FOX ENTERTAINMENT GROUP INC-A CLASS A 35138T107 7,193 236,800 SH N/A
FRANKLIN RESOURCES INC COMMON 354613101 3,038 100,000 SH N/A
GANNETT CO INC COMMON 364730101 34,452 576,000 SH N/A
GENENTECH INC COMMON 368710406 1,204 7,000 SH N/A
GENERAL DYNAMICS CORP COMMON 369550108 25,733 492,500 SH N/A
GENERAL ELECTRIC COMPANY COMMON 369604103 42,495 801,800 SH N/A
GENERAL MOTORS CLASS H CLASS H 370442832 4,170 47,521 SH N/A
GENERAL MOTORS CORPORATION COMMON 370442105 15,096 260,000 SH N/A
GLOBALSTAR TELECOMMUNICATION COMMON G3930H104 810 90,000 SH N/A
HEWLETT-PACKARD CO COMMON 428236103 19,980 160,000 SH N/A
HONEYWELL INTERNATIONAL INC COMMON 438516106 17,854 530,000 SH N/A
HUMAN GENOME SCIENCES INC COMMON 444903108 1,000 7,500 SH N/A
ILLINOIS TOOL WORKS INC COMMON 452308109 5,871 103,000 SH N/A
IMATION CORPORATION COMMON 45245A107 28,567 972,500 SH N/A
IMMUNEX CORP COMMON 452528102 1,483 30,000 SH N/A
INTEL CORP COMMON 458140100 43,448 325,000 SH N/A
JABIL CIRCUIT INC COMMON 466313103 868 17,500 SH N/A
JOHNSON & JOHNSON COMMON 478160104 11,206 110,000 SH N/A
KIMBERLY-CLARK CORP COMMON 494368103 29,657 516,900 SH N/A
KROGER COMPANY COMMON 501044101 7,788 353,000 SH N/A
LEHMAN BROTHERS HOLDINGS INC COMMON 524908100 20,993 222,000 SH N/A
LEXICON GENETICS INC. COMMON 528872104 1,203 35,000 SH N/A
LILLY (ELI) & COMPANY COMMON 532457108 4,994 50,000 SH N/A
LINCOLN NATIONAL CORP COMMON 534187109 5,780 160,000 SH N/A
LOWE'S COMPANIES COMMON 548661107 846 20,600 SH N/A
LUCENT TECHNOLOGIES INC COMMON 549463107 20,738 350,000 SH N/A
MARRIOTT INTERNATIONAL INC. CLASS A 571903202 21,998 610,000 SH N/A
MARSH & MCLENNAN COMPANIES COMMON 571748102 25,065 240,000 SH N/A
MARTIN MARIETTA MATERIALS COMMON 573284106 8,492 210,000 SH N/A
MAXYGEN INC COMMON 577776107 851 15,000 SH N/A
MBNA CORPORATION COMMON 55262L100 8,816 325,000 SH N/A
MCGRAW-HILL COMPANIES INC COMMON 580645109 10,730 198,700 SH N/A
MERCK & COMPANY, INC. COMMON 589331107 38,313 500,000 SH N/A
MILLENNIUM PHARMACEUTICALS COMMON 599902103 839 7,500 SH N/A
MORGAN STANLEY DEAN WITTER DISCOVER &C COMMON 617446448 8,325 100,000 SH N/A
MOTOROLA INC COMMON 620076109 7,266 250,000 SH N/A
NCR CORPORATION COMMON 62886E108 25,893 665,000 SH N/A
NORTEL NETWORKS CORP COMMON 656568102 31,634 463,500 SH N/A
ORACLE CORPORATION COMMON 68389X105 28,035 333,500 SH N/A
PALM INC. COMMON 696642107 5,173 155,000 SH N/A
PE CORP-PE BIOSYSTEMS GROUP COM PE BIO GRP 69332S102 988 15,000 SH N/A
PEPSICO INC COMMON 713448108 15,109 340,000 SH N/A
PFIZER INC COMMON 717081103 26,400 550,000 SH N/A
PHARMACIA CORPORATION COMMON 71713U102 3,618 70,000 SH N/A
PHELPS DODGE CORP COMMON 717265102 10,413 280,000 SH N/A
QUALCOMM INC COMMON 747525103 10,800 180,000 SH N/A
RALSTON PURINA GROUP COM RAL-PUR GRP 751277302 7,796 391,000 SH N/A
ROHM AND HAAS COMPANY COMMON 775371107 4,388 127,200 SH N/A
SANMINA CORP COMMON 800907107 3,369 39,400 SH N/A
SBC COMMUNICATIONS INC COMMON 78387G103 40,439 935,000 SH N/A
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<S> <C> <C> <C> <C> <C> <C>
SCHERING PLOUGH CORP COMMON 806605101 35,855 710,000 SH N/A
SCHLUMBERGER LTD COMMON 806857108 7,664 102,700 SH N/A
SCI SYSTEMS INC COMMON 783890106 2,073 52,900 SH N/A
SHERWIN-WILLIAMS COMPANY COMMON 824348106 15,891 750,000 SH N/A
SOLECTRON CORP COMMON 834182107 5,519 131,800 SH N/A
SPRINT CORPORATION (FON GROUP) COM FON GRP 852061100 7,650 150,000 SH N/A
TARGET CORP COMMON 87612E106 5,075 87,500 SH N/A
TENET HEALTHCARE CORPORATION COMMON 88033G100 4,860 180,000 SH N/A
TEXACO INC COMMON 881694103 4,260 80,000 SH N/A
TEXAS INSTRUMENTS INC COMMON 882508104 17,172 250,000 SH N/A
TIME WARNER INC COMMON 887315109 15,200 200,000 SH N/A
TJX COMPANIES INC COMMON 872540109 20,438 1,090,000 SH N/A
TRANSKARYOTIC THERAPIES INC COMMON 893735100 368 10,000 SH N/A
TRANSOCEAN SEDCO FOREX INC ORD G90078109 3,805 71,200 SH N/A
TXU CORP COMMON 873168108 6,195 210,000 SH N/A
TYCO INTERNATIONAL LTD COMMON 902124106 7,580 160,000 SH N/A
U S BANCORP ORE COMMON 902973106 866 45,000 SH N/A
UNUMPROVIDENT CORP COMMON 91529Y106 803 40,000 SH N/A
USX-MARATHON GROUP COMMON 902905827 19,799 790,000 SH N/A
VIROLOGIC INC. COMMON 92823R201 372 25,000 SH N/A
VISTEON CORPORATION COMMON 92839U107 143 11,784 SH N/A
VULCAN MATERIALS COMPANY COMMON 929160109 21,344 500,000 SH N/A
WAL-MART STORES INC COMMON 931142103 6,915 120,000 SH N/A
WASHINGTON MUTUAL INC COMMON 939322103 433 15,000 SH N/A
WELLPOINT HEALTH NETWORKS COMMON 94973H108 29,699 410,000 SH N/A
WEYERHAEUSER CO COMMON 962166104 5,151 119,800 SH N/A
WILLIAMS COMMUNICATIONS GROUP CLASS A 969455104 9,790 295,000 SH N/A
WILLIAMS COS INC COMMON 969457100 30,015 720,000 SH N/A
WORLDCOM INC COMMON 98157D106 6,881 150,000 SH N/A
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