UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 2000
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Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement
[ ] adds new holdings to entries.
Institutional Investment Manager Filing This Report:
Name: Westport Asset Management, Inc.
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Address: 253 Riverside Avenue
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Westport, CT 06880
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13F File Number: 028- 04441
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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: Ronald H. Oliver
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Title: President
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Phone: 203-227-3601
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Signature, Place, and Date of Signing:
/s/ Ronald H. Oliver Westport, Connecticut November 13, 2000
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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
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Form 13F Information Table Entry Total: 187
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Form 13F Information Table Value Total: $ 2,638,827
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(x$1,000)
List of Included Managers:
No. 01 Andrew J. Knuth Westport Asset Management, Inc.
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No. 02 Albert H. Cohn Westport Asset Management, Inc.
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No. 03 Edmund H. Nicklin Westport Asset Management, Inc.
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List of Other Included Managers:
No. 13F File Number Name
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Form 13F INFORMATIONAL TABLE
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<CAPTION>
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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
NAME OF ISSUER TITLE CUSIP VALUE SHRS OR SH/ PR/ INVESTMENT OTHER VOTING AUTHORITY
OF (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
CLASS
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AAR Corp. COM 000361105 26496 2316600 SH Defined 01 03 1697450 619150
AEGON NV COM 007924103 1528 41148 SH Defined 02 41148
Abbott Laboratories COM 002824100 457 9600 SH Defined 02 9600
Advanced Lighting Technologies COM 00753C102 5122 413900 SH Defined 03 01 228600 185300
Airborne Freight Corp. COM 009266107 26237 2575400 SH Defined 01 03 02 2124700 450700
Alabama National Bancorp COM 010317105 2474 114400 SH Defined 01 64400 50000
Allegheny Technologies Inc. COM 01741R102 1264 69724 SH Defined 01 69724
Alpha Industries, Inc. COM 020753109 60836 1786000 SH Defined 01 03 02 1443200 342800
American Express COM 025816109 364 6000 SH Defined 02 6000
American General Corp. COM 026351106 1054 13516 SH Defined 02 13516
American Home Products COM 026609107 2295 40576 SH Defined 02 40576
American Management Systems, I COM 027352103 36709 2135800 SH Defined 03 01 02 1616600 519200
American Tower Corp. COM 029912201 11287 299500 SH Defined 01 299500
Amgen Inc. COM 031162100 2130 30500 SH Defined 02 30500
Anadigics, Inc. COM 032515108 19172 866550 SH Defined 01 03 777450 89100
Andover SvBk Mass COM 034258103 9916 325100 SH Defined 01 02 325100
Applebees International Inc. COM 037899101 19697 856400 SH Defined 01 03 650000 206400
Aramex International Inc. COM G04450105 805 70000 SH Defined 03 70000
Aspen Technology Inc. COM 045327103 18032 399600 SH Defined 03 01 02 340600 59000
Astoria Financial Corp. COM 046265104 1439 37255 SH Defined 01 37255
Autologic Information Internat COM 052803103 459 150000 SH Defined 01 150000
BB&T Corp. COM 054937107 2547 84545 SH Defined 01 03 48311 36234
BJ's Wholesale Club Inc. COM 05548J106 341 10000 SH Defined 02 10000
BP Amoco ADR's COM 055622104 280 5292 SH Defined 02 5292
Baker Hughes Inc. COM 057224107 1018 27429 SH Defined 01 27429
Bank UTD Corp. COM 065412108 983 19400 SH Defined 01 19400
BankUnited Financial Corp. - C COM 06652B103 5793 785500 SH Defined 03 01 745500 40000
Banknorth Group Inc. Del COM 06646R107 718 40150 SH Defined 01 40150
Banner Corporation COM 06652V109 15053 959530 SH Defined 01 03 02 717530 242000
Barrett Business Services COM 068463108 250 50000 SH Defined 01 50000
Beasley Broadcast Group, Inc. COM 074014101 13940 1439000 SH Defined 01 03 1099000 340000
Bergen Brunswig COM 083739102 1952 167000 SH Defined 01 167000
Bindley Western Industries, In COM 090324104 16716 522385 SH Defined 01 03 522385
Bristol-Myers Squibb Company COM 110122108 2439 42700 SH Defined 02 42700
Bush Boake Allen Inc. COM 123162109 21737 454640 SH Defined 03 01 193400 261240
C&D Technologies, Inc. COM 124661109 103960 1831900 SH Defined 01 03 1603100 228800
CH Energy Group, Inc. COM 12541M102 598 15000 SH Defined 03 15000
CNF Transportation Inc. COM 12612W104 13096 588566 SH Defined 01 02 513566 75000
CVS Corp. COM 126650100 1991 43000 SH Defined 02 43000
Charter One Fin'l COM 160903100 35734 1466020.49 SH Defined 01 1282235.84 183784.65
Checkpoint Systems, Inc. COM 162825103 16986 2246100 SH Defined 01 03 02 1747300 498800
Chittenden Corp. COM 170228100 6229 242500 SH Defined 01 242500
Circle International Group, In COM 172574105 57602 1904200 SH Defined 01 03 02 1518600 385600
Citigroup COM 172967101 1745 32274 SH Defined 02 32274
Clear Channel Communications COM 184502102 640 11325 SH Defined 03 02 11325
Colonial Bancgroup Inc. COM 195493309 371 35800 SH Defined 01 35800
Commercial Federal Corp. COM 201647104 1066 55750 SH Defined 01 55750
Computer Associates Internatio COM 204912109 309 12268 SH Defined 01 03 12268
Conexant Systems, Inc. COM 207142100 29061 694000 SH Defined 01 03 02 596000 98000
Consolidated Stores Corp. COM 210149100 37256 2759676 SH Defined 01 03 02 2023516 736160
Constellation Brands Incorpora COM 21036P108 1629 30000 SH Defined 01 30000
Corning, Inc. COM 219350105 11369 38278 SH Defined 02 38278
Covance Inc. COM 222816100 288 35178 SH Defined 02 35178
Cox Radio, Inc. - Class A COM 224051102 47850 2744100 SH Defined 01 03 02 2241900 502200
DST Systems COM 233326107 1469 12500 SH Defined 02 12500
Devon Energy Corp. COM 25179M103 50877 845829 SH Defined 03 01 02 615570 230259
Downey Financial COM 281018105 51746 1310032 SH Defined 01 03 02 1081989 228043
DuPont Photomasks, Inc. COM 26613X101 21643 368400 SH Defined 01 02 368400
Duane Reade, Inc. COM 263578106 34571 1425600 SH Defined 03 01 02 1091600 334000
El Paso Electric Company COM 283677854 69544 5050400 SH Defined 01 03 4096400 954000
Emmis Communications Corp. COM 291525103 77213 3119700 SH Defined 01 03 02 2394300 725400
Exxon Mobil Corp. COM 30231G102 960 10768 SH Defined 02 10768
Federated Dept Stores COM 31410H101 261 10000 SH Defined 02 10000
First Bank NW Corp. COM 33762X106 1526 127200 SH Defined 03 01 57200 70000
First Essex Bancorp, Inc. COM 320103104 1910 90400 SH Defined 03 90400
First State Bancorporation COM 336453105 191 15600 SH Defined 01 15600
First Union Corp. COM 337358105 610 18948 SH Defined 01 02 18948
Firstar Corp. COM 33763V109 11289 504552 SH Defined 01 415091 89461
Firstfed Financial Corp. COM 337907109 589 25600 SH Defined 01 25600
Flagstar Bancorp COM 337930101 174 14200 SH Defined 01 14200
Fleet Fin'l COM 339030108 1284 32916 SH Defined 01 32916
Flow Int'l COM 343468104 1402 128900 SH Defined 03 01 128900
Ford Motor Company COM 345370100 265 10488 SH Defined 02 10488
Fritz Companies, Inc. COM 358846103 26811 2234224 SH Defined 01 03 02 1950524 283700
Gaylord Entertainment Company COM 367905106 13192 552564 SH Defined 01 03 552564
General Communications, Inc. COM 369385109 8331 1164100 SH Defined 03 01 1164100
General Electric COM 369604103 2864 49650 SH Defined 03 02 49650
GoldenState Bancorp Inc. COM 381197102 4730 200200 SH Defined 01 200200
Harbor Florida Bancshares COM 411901101 14409 1194500 SH Defined 01 03 02 986500 208000
Harcourt General, Inc. COM 41163G101 2230 37800 SH Defined 02 37800
Healthsouth Corp. COM 421924101 36235 4459700 SH Defined 01 03 02 4189700 270000
Helmerich & Payne COM 423452101 1351 37400 SH Defined 01 37400
Heritage Financial Corp. COM 42722x106 1207 123000 SH Defined 03 01 123000
Hibernia Corp. COM 428656102 20956 1710700 SH Defined 03 01 1710700
Hilb, Rogal & Ham. COM 431294107 27159 651500 SH Defined 01 03 391300 260200
Honeywell Inc. COM 438506107 510 14312 SH Defined 02 14312
Houghton Mifflin Company COM 441560109 40556 1033280 SH Defined 01 03 913280 120000
Houston Exploration Company COM 442120101 9305 368500 SH Defined 01 03 214900 153600
Hudson United Bancorp COM 444165104 36262 1312636.32 SH Defined 01 03 902370.32 410266
IBM COM 459200101 1064 9456 SH Defined 02 9456
IMS Health Inc. COM 449934108 35350 1703600 SH Defined 01 03 02 1703600
ITT Educational Services, Inc. COM 45068B109 71614 2640140 SH Defined 01 03 02 2382615 257525
Insight Communications Company COM 45768V108 40078 2524625 SH Defined 01 03 02 1771200 753425
JLG Industries, Inc. COM 462210101 28928 2373600 SH Defined 01 03 02 2144200 229400
Johnson & Johnson COM 478160104 376 4000 SH Defined 02 4000
Lincare Holdings Inc. COM 532791100 15778 550000 SH Defined 03 01 469000 81000
Lucent Tech COM 549463107 361 11824 SH Defined 02 11824
Lydall, Inc. COM 550819106 15477 1353200 SH Defined 01 03 1219800 133400
Manpower COM 56418H100 9257 289833 SH Defined 01 02 289833
Mazel Stores, Inc. COM 578792103 2664 600290 SH Defined 01 03 399990 200300
Media General Inc - Cl A COM 584404107 1789 41600 SH Defined 01 41600
Merck & Company COM 589331107 1444 19400 SH Defined 02 19400
Minnesota Mng & Mfg COM 604059105 292 3200 SH Defined 02 3200
Morrison Management Specialist COM 618459101 15023 508378 SH Defined 03 01 472666 35712
Mynd Corporation COM 628551103 45691 3384500 SH Defined 01 03 02 2598300 786200
Nat.West.Life Ins. COM 638522102 24623 337300 SH Defined 01 02 272000 65300
National Commerce Bancorporati COM 635449101 23169 1162087 SH Defined 01 700914 461173
Neiman Marcus Group Inc. COM 640204202 999 30800 SH Defined 03 30800
New York Times Company COM 650111107 250 6372 SH Defined 03 6372
Newell COM 651192106 634 27775 SH Defined 02 27775
Oregon Trail Financial Corp. COM 685932105 2767 238000 SH Defined 01 03 02 238000
Outback Steakhouse, Inc. COM 689899102 5444 200700 SH Defined 01 200700
Owens & Minor, Inc. COM 690732102 43567 2766166 SH Defined 01 03 02 2065666 700500
PBOC Holdings, Inc. COM 69316G108 1742 205000 SH Defined 01 03 55000 150000
Pacific Northwest Bancorp COM 69466M103 638 49350 SH Defined 01 49350
Palm, Inc COM 696642107 2250 42500 SH Defined 02 42500
Parametric Technology Corp. COM 699173100 23044 2106900 SH Defined 01 03 2106900
People's Savings CT COM 710198102 20036 951250 SH Defined 01 02 723750 227500
Perot Systems Corp. COM 714265105 11111 1033600 SH Defined 03 01 02 792600 241000
Petroleum Helicopters nv COM 716604202 1786 127600 SH Defined 03 01 127600
Petroleum Helicopters, Inc. COM 716604103 652 48750 SH Defined 03 01 48750
Pfizer Inc. COM 717081103 1173 26100 SH Defined 02 26100
Pharmacia Corp COM 71713U102 573 9520 SH Defined 02 9520
Pittston Brinks COM 725701106 35690 2302562 SH Defined 01 03 02 1724788 577774
Pogo Producing Company COM 730448107 16019 631300 SH Defined 03 01 372200 259100
Precision Castparts Corp. COM 740189105 8174 213000 SH Defined 03 01 213000
Pres.Realty B COM 741004204 981 148043 SH Defined 03 01 64458 83585
Priority Healthcare Corp. COM 74264T102 9893 129747 SH Defined 01 03 129747
Project Software & Development COM 74339P101 10175 654500 SH Defined 03 01 433800 220700
Quorum Health Group, Inc. COM 749084109 54703 4207900 SH Defined 01 03 2976300 1231600
Rational Software Corp. COM 75409P202 42548 613300 SH Defined 01 02 613300
Reynolds & Reynolds, Inc. COM 761695105 17220 866400 SH Defined 01 03 654600 211800
Riverview Bancorp COM 769397100 2887 334680 SH Defined 01 03 02 312180 22500
Rogers Corp. COM 775133101 65419 2068600 SH Defined 01 03 02 1504400 564200
Roslyn Savings Bank COM 778162107 2461 110000 SH Defined 01 110000
Ross Stores, Inc. COM 778296103 10566 735000 SH Defined 03 01 735000
Ruby Tuesday, Inc. COM 781182100 48710 4329800 SH Defined 01 03 02 3313600 1016200
Russell 2000 Index Shares COM 464287655 1405 13557.79 SH Defined 03 13557.79
Saks Inc. COM 79377w108 34072 3450350 SH Defined 01 03 02 3047300 403050
Schering Plough Corp. COM 806605101 223 4800 SH Defined 03 02 4800
Sea Containers - A COM 811371707 8831 378800 SH Defined 01 327900 50900
Sea Containers - B COM 811371707 1118 48342 SH Defined 01 48342
Seacoast Financial Services Co COM 81170Q106 13244 1204000 SH Defined 03 01 955000 249000
Sensormatic Electronics, Corp. COM 817265101 50186 3345766 SH Defined 01 03 02 2525866 819900
Sequa Corp. A COM 817320203 8190 192700 SH Defined 03 01 151600 41100
Sequa Corp. B COM 817320203 2255 38300 SH Defined 01 38300
Shopko Stores Inc. COM 824911101 290 28000 SH Defined 01 28000
Sifco Industries COM 826546103 496 85400 SH Defined 03 85400
Six Rivers National Bank COM 830059101 559 33000 SH Defined 01 33000
Southwestern Energy Company COM 845467109 5191 593300 SH Defined 03 01 488300 105000
St. Joe Company COM 790148100 24062 867100 SH Defined 01 03 299300 567800
Staten Island Bancorp Inc. COM 857550107 2666 133300 SH Defined 03 01 133300
Steinway Musical Instruments COM 858495104 567 32500 SH Defined 01 32500
Sterling Financial COM 859319105 7492 658600 SH Defined 01 03 02 658600
Stilwell Financial Inc. COM 860831106 1675 38500 SH Defined 02 38500
Summit Bancorp COM 866005101 8696 252064 SH Defined 01 207466 44598
Synavant COM 87157A105 1608 240480 SH Defined 03 01 02 240480
Synopsys, Inc. COM 871607107 15059 397600 SH Defined 01 03 02 397600
TJX Companies COM 872540109 20374 905500 SH Defined 01 02 657500 248000
Teledyne Technologies Inc. COM 879360105 580 19919.99 SH Defined 01 19919.99
Teleflex Inc. COM 879369106 753 21900 SH Defined 01 21900
Texaco COM 881694103 357 6800 SH Defined 02 6800
Texas Instruments, Inc. COM 882508104 64589 1368784 SH Defined 01 03 02 894652 474132
The South Financial Group, Inc COM 837841105 3686 292000 SH Defined 03 01 180600 111400
Thomas & Betts Corp. COM 884315102 15736 902400 SH Defined 01 902400
Timberland Bancorp. COM 887098101 5099 424900 SH Defined 03 01 02 261900 163000
Time Warner Inc. COM 887315109 3162 40412 SH Defined 03 02 40412
Toro Company COM 891092108 1213 38500 SH Defined 01 38500
Tosco Corp. COM 891490302 14430 462700 SH Defined 01 462700
Trustco Bank Corp NY COM 898349105 369 29968 SH Defined 01 29968
Tyco International COM 902124106 3366 64884 SH Defined 01 02 64884
U.S. Bancorp COM 902973106 386 16953 SH Defined 02 16953
Ultrak Corp. COM 903898401 541 86500 SH Defined 01 86500
Unigraphics Solutions, Inc. COM 904928108 23581 1201600 SH Defined 03 01 02 912200 289400
United Sec. Bank COM 91146A101 1850 188489 SH Defined 01 126485 62004
Universal Health Services, Inc COM 913903100 123402 1441190 SH Defined 01 03 02 1041090 400100
Verizon Communications COM 92343V104 824 17007 SH Defined 02 17007
Vishay Intertechnology, Inc. COM 928298108 2668 86755 SH Defined 01 86755
Vodafone Airtouch PLC-SP ADR COM 92857T107 296 8000 SH Defined 03 02 8000
Volt Information Sciences, Inc COM 928703107 19516 907700 SH Defined 01 03 773900 133800
WSFS Financial Corp. COM 929328102 1203 110000 SH Defined 01 03 110000
Washington Mutual, Inc. COM 939322103 1344 33750 SH Defined 01 33750
Webster Financial Corp. COM 947890109 28701 1065470 SH Defined 01 03 02 851870 213600
Wellpoint Health Networks Inc. COM 94973G100 1696 17670 SH Defined 02 17670
Whitehall Jewellers, Inc. COM 965063100 8815 1110550 SH Defined 01 03 1020550 90000
WorldCom, Inc. COM 98157D106 304 9994 SH Defined 02 9994
Xtra Corp. COM 984138107 54058 1216500 SH Defined 01 03 910800 305700
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