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 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 August 3, 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: 193
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Form 13F Information Table Value Total: $ 2,677,667
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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 28789 2399100 SH Defined 01 03 1779950 619150
AEGON NV COM 007924103 1453 40797 SH Defined 02 40797
Abbott Laboratories COM 002824100 428 9600 SH Defined 02 9600
Advanced Lighting Technologies COM 00753C102 7657 413900 SH Defined 03 01 228600 185300
Airborne Freight Corp. COM 009266107 53080 2802900 SH Defined 01 03 02 2342300 460600
Alabama National Bancorp COM 010317105 2267 114400 SH Defined 01 64400 50000
Allegheny Technologies Inc. COM 01741R102 1255 69724 SH Defined 01 69724
Alpha Industries, Inc. COM 020753109 81890 1858500 SH Defined 01 03 02 1480700 377800
American Express COM 025816109 313 6000 SH Defined 02 6000
American General Corp. COM 026351106 824 13516 SH Defined 02 13516
American Home Products COM 026609107 2384 40576 SH Defined 02 40576
American Management Systems, I COM 027352103 6277 191200 SH Defined 03 01 02 191200
American Tower Corp. COM 029912201 12485 299500 SH Defined 01 299500
Amgen Inc. COM 031162100 2143 30500 SH Defined 02 30500
Anadigics, Inc. COM 032515108 29517 866550 SH Defined 01 03 777450 89100
Andover SvBk Mass COM 034258103 9367 325100 SH Defined 01 02 325100
Applebees International Inc. COM 037899101 22080 728400 SH Defined 01 03 522000 206400
Aramex International Inc. COM G04450105 700 70000 SH Defined 03 70000
Aspen Technology Inc. COM 045327103 18080 469600 SH Defined 03 01 02 384600 85000
Astoria Financial Corp. COM 046265104 959 37255 SH Defined 01 37255
Autologic Information Internat COM 052803103 412 150000 SH Defined 01 150000
BB&T Corp. COM 054937107 2019 84545 SH Defined 01 03 48311 36234
BJ's Wholesale Club Inc. COM 05548J106 330 10000 SH Defined 02 10000
BP Amoco ADR's COM 055622104 299 5292 SH Defined 02 5292
Baker Hughes Inc. COM 057224107 878 27429 SH Defined 01 27429
Bank UTD Corp. COM 065412108 683 19400 SH Defined 01 19400
BankUnited Financial Corp. - C COM 06652B103 5695 785500 SH Defined 03 01 745500 40000
Banknorth Group Inc. Del COM 06646R107 615 40150 SH Defined 01 40150
Barrett Business Services COM 068463108 295 50000 SH Defined 01 50000
Beasley Broadcast Group, Inc. COM 074014101 19606 1439000 SH Defined 01 03 1099000 340000
Bergen Brunswig COM 083739102 1375 250000 SH Defined 01 250000
Billing Concepts Corp. COM 090063108 9019 2032400 SH Defined 01 03 1167500 864900
Bindley Western Industries, In COM 090324104 13811 522385 SH Defined 01 03 522385
Bristol-Myers Squibb Company COM 110122108 2487 42700 SH Defined 02 42700
Bush Boake Allen Inc. COM 123162109 25797 589640 SH Defined 03 01 265500 324140
C&D Technologies, Inc. COM 124661109 109717 1941900 SH Defined 01 03 1703100 238800
CCB Financial Inc. COM 124875105 18209 492122 SH Defined 01 303888 188234
CH Energy Group, Inc. COM 12541M102 509 15000 SH Defined 03 15000
CNF Transportation Inc. COM 12612W104 14025 616466 SH Defined 01 02 541466 75000
CVS Corp. COM 126650100 1720 43000 SH Defined 02 43000
Canandaigua Brands Inc - Cl A COM 137219200 1513 30000 SH Defined 01 30000
Charter One Fin'l COM 160903100 33341 1449594 SH Defined 01 1274561 175033
Checkpoint Systems, Inc. COM 162825103 16846 2246100 SH Defined 01 03 02 1747300 498800
Chittenden Corp. COM 170228100 5926 242500 SH Defined 01 242500
Circle International Group, In COM 172574105 49740 1979700 SH Defined 01 03 02 1594100 385600
Citigroup COM 172967101 1458 24206 SH Defined 02 24206
Clear Channel Communications COM 184502102 849 11325 SH Defined 03 02 11325
Colonial Bancgroup Inc. COM 195493309 322 35800 SH Defined 01 35800
ComDisco Inc. COM 200336105 211 9450 SH Defined 02 9450
Commercial Federal Corp. COM 201647104 868 55750 SH Defined 01 55750
Computer Associates Internatio COM 204912109 628 12268 SH Defined 01 03 12268
Conexant Systems, Inc. COM 207142100 33697 693000 SH Defined 01 03 02 595000 98000
Consolidated Stores Corp. COM 210149100 32723 2726884 SH Defined 01 03 02 2062724 664160
Corning, Inc. COM 219350105 25570 94748 SH Defined 02 94748
Covance Inc. COM 222816100 310 35178 SH Defined 02 35178
Cox Radio, Inc. - Class A COM 224051102 44621 1593600 SH Defined 01 03 02 1371000 222600
DST Systems COM 233326107 952 12500 SH Defined 02 12500
Devon Energy Corp. COM 25179M103 35483 631505 SH Defined 03 01 02 421046 210459
Downey Financial COM 281018105 37991 1310032 SH Defined 01 03 02 1081989 228043
DuPont Photomasks, Inc. COM 26613X101 19892 290400 SH Defined 01 02 290400
Duane Reade, Inc. COM 263578106 36315 1410300 SH Defined 03 01 02 1103800 306500
El Paso Electric Company COM 283677854 57620 5150400 SH Defined 01 03 4196400 954000
Emmis Communications Corp. COM 291525103 123761 2991200 SH Defined 01 03 02 2265800 725400
Exxon Mobil Corp. COM 30231G102 845 10768 SH Defined 02 10768
First Bank NW Corp. COM 33762X106 1992 173200 SH Defined 03 01 103200 70000
First Essex Bancorp, Inc. COM 320103104 1441 90400 SH Defined 03 90400
First State Bancorporation COM 336453105 160 15600 SH Defined 01 15600
First Union Corp. COM 337358105 548 22100 SH Defined 01 02 22100
First Washington Bancorp, Inc. COM 33620W100 13441 964370 SH Defined 01 03 02 722370 242000
Firstar Corp. COM 33763V109 11175 530580 SH Defined 01 441119 89461
Firstfed Financial Corp. COM 337907109 362 25600 SH Defined 01 25600
Flagstar Bancorp COM 337930101 115 14200 SH Defined 01 14200
Fleet Fin'l COM 339030108 1378 40516 SH Defined 01 40516
Flow Int'l COM 343468104 1289 128900 SH Defined 03 01 128900
Ford Motor Company COM 345370100 258 6000 SH Defined 02 6000
Fritz Companies, Inc. COM 358846103 23195 2249224 SH Defined 01 03 02 1975524 273700
GTE Corp. COM 362320103 695 11166 SH Defined 02 11166
Gaylord Entertainment Company COM 367905106 11880 552564 SH Defined 01 03 552564
General Communications, Inc. COM 369385109 5956 1162100 SH Defined 03 01 1162100
General Electric COM 369604103 1513 49650 SH Defined 03 02 28550
GoldenState Bancorp Inc. COM 381197102 3604 200200 SH Defined 01 200200
Harbor Florida Bancshares COM 411901101 12468 1194500 SH Defined 01 03 02 986500 208000
Harcourt General, Inc. COM 41163G101 2055 37800 SH Defined 02 37800
Healthsouth Corp. COM 421924101 26024 3620700 SH Defined 01 03 02 3350700 270000
Helmerich & Payne COM 423452101 1398 37400 SH Defined 01 37400
Heritage Financial Corp. COM 42722x106 1069 123000 SH Defined 03 01 123000
Hibernia Corp. COM 428656102 18014 1656500 SH Defined 01 1656500
Hilb, Rogal & Ham. COM 431294107 24333 701500 SH Defined 01 03 441300 260200
Honeywell Inc. COM 438506107 726 21561 SH Defined 02 21561
Houghton Mifflin Company COM 441560109 49175 1053280 SH Defined 01 03 933280 120000
Houston Exploration Company COM 442120101 8002 318500 SH Defined 01 03 164900 153600
Hudson United Bancorp COM 444165104 28629 1275949 SH Defined 01 03 865683.3 410266
IBM COM 459200101 1036 9456 SH Defined 02 9456
IMS Health Inc. COM 449934108 30665 1703600 SH Defined 01 03 02 1703600
ITT Educational Services, Inc. COM 45068B109 46922 2671740 SH Defined 01 03 02 2414215 257525
Insight Communications Company COM 45768V108 37463 2397625 SH Defined 01 03 02 1714200 683425
Intel Corp. COM 458140100 221 1650 SH Defined 02 1650
Intersil Holding Corp. COM 46069S109 1081 20000 SH Defined 03 01 20000
Interwest Bancorp Inc. COM 460931108 691 49350 SH Defined 01 49350
JLG Industries, Inc. COM 462210101 28186 2373600 SH Defined 01 03 02 2144200 229400
Johnson & Johnson COM 478160104 387 3800 SH Defined 02 3800
Kansas City Southern Industrie COM 485170104 1885 21250 SH Defined 02 21250
Lincare Holdings Inc. COM 532791100 13544 550000 SH Defined 03 01 469000 81000
Lucent Tech COM 549463107 1924 32472 SH Defined 01 02 32472
Lydall, Inc. COM 550819106 14920 1404200 SH Defined 01 03 1270800 133400
Manpower COM 56418H100 9595 299833 SH Defined 01 02 299833
Mazel Stores, Inc. COM 578792103 4820 575490 SH Defined 01 03 375190 200300
Media General Inc - Cl A COM 584404107 2020 41600 SH Defined 01 41600
Merck & Company COM 589331107 1487 19400 SH Defined 02 19400
Metris Companies, Inc. COM 591598107 18537 737796 SH Defined 01 03 709146 28650
Minnesota Mng & Mfg COM 604059105 264 3200 SH Defined 02 3200
Morrison Management Specialist COM 618459101 14330 508378 SH Defined 03 01 472666 35712
Nat.West.Life Ins. COM 638522102 25430 353200 SH Defined 01 02 287900 65300
Neiman Marcus Group Inc. COM 640204202 911 30800 SH Defined 03 30800
New York Times Company COM 650111107 252 6372 SH Defined 03 6372
Newell COM 651192106 715 27775 SH Defined 02 27775
Oregon Trail Financial Corp. COM 685932105 2848 256000 SH Defined 01 03 02 256000
Outback Steakhouse, Inc. COM 689899102 5870 200700 SH Defined 01 200700
Owens & Minor, Inc. COM 690732102 48317 2811166 SH Defined 01 03 02 2110666 700500
PBOC Holdings, Inc. COM 69316G108 1742 205000 SH Defined 01 03 55000 150000
Palm, Inc COM 696642107 1418 42500 SH Defined 02 42500
Parametric Technology Corp. COM 699173100 23176 2106900 SH Defined 01 03 2106900
People's Savings CT COM 710198102 18739 1019800 SH Defined 01 02 792300 227500
Petroleum Helicopters nv COM 716604202 1228 127600 SH Defined 03 01 127600
Petroleum Helicopters, Inc. COM 716604103 463 48750 SH Defined 03 01 48750
Pfizer Inc. COM 717081103 1253 26100 SH Defined 02 26100
Pharmacia Corp COM 71713U102 492 9520 SH Defined 02 9520
Pittston Brinks COM 725701106 31922 2332209 SH Defined 01 03 02 1754435 577774
Pogo Producing Company COM 730448107 13968 631300 SH Defined 03 01 372200 259100
Policy Management Systems Corp COM 731108106 53274 3465000 SH Defined 01 03 02 2678800 786200
Precision Castparts Corp. COM 740189105 4819 106500 SH Defined 03 01 106500
Pres.Realty B COM 741004204 1290 184232 SH Defined 01 03 100647 83585
Priority Healthcare Corp. COM 74264T102 9642 129747 SH Defined 01 03 129747
Project Software & Development COM 74339P101 7103 394600 SH Defined 03 01 173900 220700
Protocol Systems COM 74371R106 13825 867450 SH Defined 03 01 02 595750 271700
Quorum Health Group, Inc. COM 749084109 32941 3194300 SH Defined 01 03 2192700 1001600
Rational Software Corp. COM 75409P202 30790 331300 SH Defined 01 02 331300
Reynolds & Reynolds, Inc. COM 761695105 15812 866400 SH Defined 01 03 654600 211800
Riverview Bancorp COM 769397100 2727 340880 SH Defined 01 03 02 318380 22500
Rogers Corp. COM 775133101 76069 2173400 SH Defined 01 03 02 1609200 564200
Roslyn Savings Bank COM 778162107 1827 110000 SH Defined 01 110000
Ross Stores, Inc. COM 778296103 12541 735000 SH Defined 03 01 735000
Ruby Tuesday, Inc. COM 781182100 55926 4451800 SH Defined 01 03 02 3435600 1016200
Russell 2000 Index Shares COM 464287655 5168 50000 SH Defined 03 50000
SLI Inc. COM 78442T108 1497 123500 SH Defined 01 03 123500
Saks Inc. COM 79377w108 831 79150 SH Defined 03 02 52200 26950
Santa Fe Snyder Corp. COM 80218K105 11082 974200 SH Defined 03 01 884200 90000
Schering Plough Corp. COM 806605101 242 4800 SH Defined 03 02 4800
Sea Containers - A COM 811371707 8171 386800 SH Defined 01 335900 50900
Sea Containers - B COM 811371707 1200 50676 SH Defined 01 50676
Seacoast Financial Services Co COM 81170Q106 11438 1204000 SH Defined 03 01 955000 249000
Sensormatic Electronics, Corp. COM 817265101 50813 3213466 SH Defined 01 03 02 2463566 749900
Sequa Corp. A COM 817320203 7359 192700 SH Defined 03 01 151600 41100
Sequa Corp. B COM 817320203 2207 38300 SH Defined 01 38300
Shared Medical Systems Corp. COM 819486101 63988 877300 SH Defined 01 03 02 775300 102000
Shopko Stores Inc. COM 824911101 430 28000 SH Defined 01 28000
Sifco Industries COM 826546103 806 128950 SH Defined 01 03 128950
Six Rivers National Bank COM 830059101 429 33000 SH Defined 01 33000
Southwestern Energy Company COM 845467109 3646 583300 SH Defined 03 01 478300 105000
St. Joe Company COM 790148100 17502 583400 SH Defined 01 03 222900 360500
Staten Island Bancorp Inc. COM 857550107 2349 133300 SH Defined 03 01 133300
Steinway Musical Instruments COM 858495104 536 32500 SH Defined 01 32500
Sterling Financial COM 859319105 7574 658600 SH Defined 01 03 02 658600
Summit Bancorp COM 866005101 6419 260687 SH Defined 01 216089 44598
Synopsys, Inc. COM 871607107 1500 43400 SH Defined 03 01 43400
TJX Companies COM 872540109 16978 905500 SH Defined 01 02 657500 248000
Teledyne Technologies Inc. COM 879360105 334 19919.99 SH Defined 01 19919.99
Teleflex Inc. COM 879369106 783 21900 SH Defined 01 21900
Texaco COM 881694103 362 6800 SH Defined 02 6800
Texas Instruments, Inc. COM 882508104 94651 1377992 SH Defined 01 03 02 903860 474132
The South Financial Group, Inc COM 837841105 4234 292000 SH Defined 03 01 180600 111400
Thomas & Betts Corp. COM 884315102 17258 902400 SH Defined 01 902400
Timberland Bancorp. COM 887098101 4594 424900 SH Defined 03 01 02 261900 163000
Time Warner Inc. COM 887315109 3071 40412 SH Defined 03 02 40412
Toro Company COM 891092108 1268 38500 SH Defined 01 38500
Tosco Corp. COM 891490302 14459 510700 SH Defined 01 510700
Trustco Bank Corp NY COM 898349105 375 29968 SH Defined 01 29968
Tyco International COM 902124106 3074 64884 SH Defined 01 02 64884
U.S. Bancorp COM 902973106 326 16953 SH Defined 02 16953
Ultrak Corp. COM 903898401 703 86500 SH Defined 01 86500
Unigraphics Solutions, Inc. COM 904928108 23236 1191600 SH Defined 03 01 02 962200 229400
United Sec. Bank COM 91146A101 1814 188489 SH Defined 01 126485 62004
Universal Health Services, Inc COM 913903100 101013 1542190 SH Defined 01 03 02 1110090 432100
Vishay Intertechnology, Inc. COM 928298108 3291 86755.5 SH Defined 01 86755.5
Vodafone Airtouch PLC-SP ADR COM 92857T107 331 8000 SH Defined 03 02 8000
Volt Information Sciences, Inc COM 928703107 32466 985675 SH Defined 01 03 851875 133800
WSFS Financial Corp. COM 929328102 1148 110000 SH Defined 01 03 110000
Washington Mutual, Inc. COM 939322103 975 33750 SH Defined 01 33750
Webster Financial Corp. COM 947890109 23640 1065470 SH Defined 01 03 02 851870 213600
Wellpoint Health Networks Inc. COM 94973G100 1280 17670 SH Defined 02 17670
Whitehall Jewellers, Inc. COM 965063100 19753 1060550 SH Defined 01 03 970550 90000
Xtra Corp. COM 984138107 49553 1256500 SH Defined 01 03 950800 305700
Zions Bancorporation COM 989701107 1257 27400 SH Defined 01 27400
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