UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
REPORT FOR THE CALENDAR YEAR OR QUARTER ENDED: MARCH 31, 2000
INSTITUTIONAL INVESTMENT MANAGER FILING THIS REPORT:
NAME: BENEFIT CAPITAL MANAGEMENT CORPORATION
ADDRESS: 39 OLD RIDGEBURY ROAD, E-2
DANBURY,CT 06817-0001
13F FILE NUMBER: 28-2036
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: ELIZABETH LEPPLA
TITLE: CONTROLLER
PHONE: 203-794-7346
SIGNATURE, PLACE, AND DATE OF SIGNING:
ELIZABETH LEPPLA, DANBURY, CT, MAY 23, 2000
REPORT TYPE:
[X] 13F HOLDINGS REPORT
LIST OF OTHER MANAGERS REPORTING FOR THIS MANAGER: NONE
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
FORM 13F INFORMATION TABLE ENTRY TOTAL: 83
FORM 13F INFORMATION TABLE VALUE TOTAL: $2,578,807
LIST OF OTHER INCLUDED MANAGERS: NONE
<PAGE>
<TABLE> <C> <C>
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
<C> <C>
D AT&T CORP COM 00195710 34323 609500 SH SOLE 609500 0 0
D AMERICA ONLINE INC COM 02364J10 18141 269000 SH SOLE 269000 0 0
D AMERICAN EXPRESS CO COM 02581610 36750 246750 SH SOLE 246750 0 0
D AMERICAN HOME PRODS COM 02660910 15856 295000 SH SOLE 295000 0 0
D AMERICAN INTL GROUP COM 02687410 73162 668146 SH SOLE 668146 0 0
D AUTOMATIC DATA PROC COM 05301510 29420 609750 SH SOLE 609750 0 0
D BAXTER INTL INC COM 07181310 3573 57000 SH SOLE 57000 0 0
D BELL ATLANTIC CORP COM 07785310 22922 375000 SH SOLE 375000 0 0
D BESTFOODS COM 08658U10 13014 278000 SH SOLE 278000 0 0
D BRISTOL MYERS SQUIB COM 11012210 20909 360500 SH SOLE 360500 0 0
D CBS CORP COM 12490K10 58522 1033500 SH SOLE 1033500 0 0
D CARNIVAL CORP COM 14365810 12928 521000 SH SOLE 521000 0 0
D CHASE MANHATTAN COR COM 16161A10 47643 546440 SH SOLE 546440 0 0
D CISCO SYS INC COM 17275R10 113356 1466200 SH SOLE 1466200 0 0
D CITIGROUP INC COM 17296710 53545 894275 SH SOLE 894275 0 0
D CLEAR CHANNEL COMMU COM 18450210 14676 212500 SH SOLE 212500 0 0
D COCA COLA CO COM 19121610 30293 645376 SH SOLE 645376 0 0
D COLGATE PALMOLIVE C COM 19416210 40026 710000 SH SOLE 710000 0 0
D COMPUTER ASSOC INTL COM 20491210 30529 515800 SH SOLE 515800 0 0
D CONAGRA INC COM 20588710 7123 393000 SH SOLE 393000 0 0
D CONOCO INC COM 20825130 22273 904500 SH SOLE 904500 0 0
D DELL COMPUTER CORP COM 24702510 42503 788000 SH SOLE 788000 0 0
D DISNEY WALT CO COM 25468710 44057 1068044 SH SOLE 1068044 0 0
D ECOLAB INC COM 27886510 12144 331000 SH SOLE 331000 0 0
D ELECTRONIC DATA SYS COM 28566110 10784 168000 SH SOLE 168000 0 0
D EMERSON ELEC CO COM 29101110 3931 74000 SH SOLE 74000 0 0
D EXXON MOBIL CORP COM 30231G10 59843 767826 SH SOLE 767826 0 0
D FEDERAL HOME LN MTG COM 31340030 5965 135000 SH SOLE 135000 0 0
D FEDERAL NATL MTG AS COM 31358610 20943 370252 SH SOLE 370252 0 0
D FLEETBOSTON FINL CO COM 33903010 511 14000 SH SOLE 14000 0 0
D FOX ENTMT GROUP INC COM 35138T10 22798 761500 SH SOLE 761500 0 0
D GANNETT INC COM 36473010 19424 276000 SH SOLE 276000 0 0
D GENERAL ELEC CO COM 36960410 117824 757100 SH SOLE 757100 0 0
D GENERAL MLS INC COM 37033410 23653 653626 SH SOLE 653626 0 0
D GILLETTE CO COM 37576610 31554 837250 SH SOLE 837250 0 0
D HALLIBURTON CO COM 40621610 13941 339000 SH SOLE 339000 0 0
D HEWLETT PACKARD CO COM 42823610 42155 317250 SH SOLE 317250 0 0
D HOME DEPOT INC COM 43707610 82712 1282350 SH SOLE 1282350 0 0
D HONEYWELL INTL INC COM 43851610 42615 808813 SH SOLE 808813 0 0
D INFINITY BROADCASTI COM 45662S10 41088 1269141 SH SOLE 1269141 0 0
D INTEL CORP COM 45814010 95576 724400 SH SOLE 724400 0 0
D INTERNATIONAL BUSIN COM 45920010 80187 679552 SH SOLE 679552 0 0
D INTL PAPER CO COM 46014610 2993 70000 SH SOLE 70000 0 0
D INTERPUBLIC GROUP C COM 46069010 31350 663500 SH SOLE 663500 0 0
D JOHNSON & JOHNSON COM 47816010 23295 331600 SH SOLE 331600 0 0
D KOHLS CORP COM 50025510 14658 143000 SH SOLE 143000 0 0
D LAUDER ESTEE COS IN COM 51843910 37457 748200 SH SOLE 748200 0 0
D LILLY ELI & CO COM 53245710 26678 426000 SH SOLE 426000 0 0
D LUCENT TECHNOLOGIES COM 54946310 6799 111000 SH SOLE 111000 0 0
D MARRIOTT INTL INC N COM 57190320 12466 395750 SH SOLE 395750 0 0
D MCDONALDS CORP COM 58013510 33254 889750 SH SOLE 889750 0 0
D MCGRAW HILL COS INC COM 58064510 33588 738200 SH SOLE 738200 0 0
D MELLON FINL CORP COM 58551A10 21384 718800 SH SOLE 718800 0 0
D MERCK & CO INC COM 58933110 32522 523500 SH SOLE 523500 0 0
D MEREDITH CORP COM 58943310 11247 406200 SH SOLE 406200 0 0
D METTLER TOLEDO INTE COM 59268810 26376 644300 SH SOLE 644300 0 0
D MICROSOFT CORP COM 59491810 88219 830300 SH SOLE 830300 0 0
D MINNESOTA MNG & MFG COM 60405910 6199 70000 SH SOLE 70000 0 0
D MOLEX INC COM 60855410 5571 94828 SH SOLE 94828 0 0
D ORACLE CORP COM 68389X10 14051 180000 SH SOLE 180000 0 0
D PE CORP COM 69332S10 57080 591500 SH SOLE 591500 0 0
D PEPSI BOTTLING GROU COM 71340910 3300 165000 SH SOLE 165000 0 0
D PEPSICO INC COM 71344810 32059 919250 SH SOLE 919250 0 0
D PFIZER INC COM 71708110 42687 1167500 SH SOLE 1167500 0 0
D PROCTER & GAMBLE CO COM 74271810 22483 397926 SH SOLE 397926 0 0
D SCHERING PLOUGH COR COM 80660510 16261 438000 SH SOLE 438000 0 0
D SCHLUMBERGER LTD COM 80685710 28133 367750 SH SOLE 367750 0 0
D SOLECTRON CORP COM 83418210 35832 893000 SH SOLE 893000 0 0
D STAPLES INC COM 85503010 13095 654750 SH SOLE 654750 0 0
D STATE STR CORP COM 85747710 23928 247000 SH SOLE 247000 0 0
D SUN MICROSYSTEMS IN COM 86681010 44977 480000 SH SOLE 480000 0 0
D TEXACO INC COM 88169410 28595 532000 SH SOLE 532000 0 0
D TIME WARNER INC COM 88731510 64010 640100 SH SOLE 640100 0 0
D TRICON GLOBAL RESTA COM 89595310 3123 100525 SH SOLE 100525 0 0
D TYCO INTL LTD NEW COM 90212410 9524 190000 SH SOLE 190000 0 0
D WAL MART STORES INC COM 93114210 25821 457000 SH SOLE 457000 0 0
D WARNER LAMBERT CO COM 93448810 68382 699999 SH SOLE 699999 0 0
D WATERS CORP COM 94184810 27813 292000 SH SOLE 292000 0 0
D WELLS FARGO & CO NE COM 94974610 20131 494000 SH SOLE 494000 0 0
D WESTPOINT STEVENS I COM 96123810 17849 939400 SH SOLE 939400 0 0
D MCI WORLDCOM INC COM 98157D10 17491 386000 SH SOLE 386000 0 0
D WRIGLEY WM JR CO COM 98252610 22475 292600 SH SOLE 292600 0 0
D ROYAL CARIBBEAN CRU COM V7780T10 12460 445000 SH SOLE 445000 0 0
</TABLE>
