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, 1999
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: Donald Smith & Co., Inc.
Address: East 80 Route 4, Suite 360
Paramus, New Jersey 07652
13F File Number: 28-1345
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: Donald Smith
Title: President
Phone: 201-368-9210
Signature, Place and Date of Signing:
Donald Smith Paramus, New Jersey FEBRUARY 09, 2000
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
Form 13F Information Table Entry Total: 77
Form 13F Information Table Value Total: $655,844,000
List of Other Included Managers:
No. 13f file number Name
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TITLE VALUE SHARES/ SH/ INVSTMT O VOTING AUTHRTY
NAME OF ISSUER CLASS CUSIP (X 1000) PRN AMT PRN DSCRETN M SOLE SHR SHNON
ALLMERICA FINC'L COM 19754100 5,563 100000 SH 100000 100000
AGCO CORP. COM 001084102 535 39800 SH 39800 39800
AK STEEL COM 001547108 20,037 1061566 SH 1061566 1061566
AMERICAN NATIONAL COM 028591105 9,690 152000 SH 152000 152000
ANDERSONS COM 034164103 2,012 243869 SH 243869 243869
AMPCO-PITTSBURGH COM 032037103 4,784 472500 SH 472500 472500
AMERICAN PACIFIC COM 028740108 2,947 346700 SH 346700 346700
BOISE CASCADE COM 097383103 4,455 110000 SH 110000 110000
BROWN & SHARPE COM 115223109 1,353 636900 SH 636900 636900
COAST CPR TRUST COM 19034Q110 1,022 681600 SH 681600 681600
CASTLE & COOKE COM 148433105 10,706 843800 SH 843800 843800
COMMONWEALTH IND., INC. COM 203004106 6,717 516700 SH 516700 516700
CNA FINANCIAL CORP. COM 126117100 11,681 300000 SH 300000 300000
CROWN PETROLEUM B COM 228219309 1,330 253400 SH 253400 253400
CORN PRODUCTS INT'L COM 219023108 6,845 209000 SH 209000 209000
DELTA WOODSIDE COM 247909104 581 300000 SH 300000 300000
DELPHI AUTOMOTIVE SYSTEMSCOM 247126105 4,601 292151 SH 292151 292151
ESCO ELECTRONICS COM 269030201 7,707 663000 SH 663000 663000
ENTERGY COM 29364G103 19,699 765000 SH 765000 765000
L.B. FOSTER COM 350060109 1,734 355700 SH 355700 355700
GREAT ATL & PACIFIC COM 390064103 6,698 240300 SH 240300 240300
GUILFORD MILLS COM 401794102 6,905 952400 SH 952400 952400
GENERAL MOTORS COM 370442105 34,018 468000 SH 468000 468000
GOLDEN ST BANC LIT WARRANCOM 381197136 624 713000 SH 713000 713000
GENESIS WORLDWIDE INC COM 37184G104 464 145500 SH 145500 145500
HOVNANIAN COM 442487203 4,112 645000 SH 645000 645000
INT'L ALUMINUM COM 458884103 956 40700 SH 40700 40700
INTERGRAPH COM 458683109 7,762 1655800 SH 1655800 1655800
INT'L SHIPHOLDING COM 460321201 3,721 320100 SH 320100 320100
KLM COM 482516101 16,445 659450 SH 659450 659450
KMART COM 482584109 22,944 2280000 SH 2280000 2280000
KMART--KM PrT PRF 498778208 3,281 75000 SH 75000 75000
LEHMAN BROS. COM 524908100 2,117 25000 SH 25000 25000
LTV CORP. COM 501921100 20,521 4974700 SH 4974700 4974700
MARSH SUPERMKTS B COM 571783208 2,198 217100 SH 217100 217100
MDC HOLDINGS COM 552676108 6,327 403300 SH 403300 403300
MIIX GROUP COM 59862V104 1,087 74300 SH 74300 74300
MEDITRUST COM 58501T306 21,016 3821100 SH 3821100 3821100
ANNALY MORTGAGE COM 035710409 4,554 520500 SH 520500 520500
NORD RESOURCES COM 655555100 146 972400 SH 972400 972400
NATIONAL STEEL COM 637844309 20,026 2692400 SH 2692400 2692400
NORTHEAST UTILITIES COM 664397106 31,363 1525200 SH 1525200 1525200
OFFSHORE LOGISTICS COM 676255102 7,083 755500 SH 755500 755500
OVERSEAS SHIPHOLDG GRP COM 690368105 8,634 582900 SH 582900 582900
PERINI COM 713839108 911 235000 SH 235000 235000
PHELPS DODGE COM 717265102 2,697 40030 SH 40030 40030
PRIME HOSPITALITY COM 741917108 12,349 1401200 SH 1401200 1401200
PFF BANCORP COM 69331W104 1,163 60000 SH 60000 60000
PULTE HOMES COM 745867101 19,719 876400 SH 876400 876400
PUBLIC SVC. NEW MEXICO COM 744499104 31,369 1930400 SH 1930400 1930400
POPE & TALBOT COM 732827100 8,000 500000 SH 500000 500000
RELIANCE COM 759464100 663 100000 SH 100000 100000
RUSSELL CORP COM 782352108 642 38300 SH 38300 38300
ROUGE INDUSTRIES COM 779099100 8,692 1103700 SH 1103700 1103700
RYERSON TULL COM 78375P107 24,214 1245688 SH 1245688 1245688
RAILTEX COM 750766107 3,530 197500 SH 197500 197500
RYLAND COM 783764103 14,315 620700 SH 620700 620700
STANDARD MICROSYSTEMS COM 853626109 4,450 411500 SH 411500 411500
SPARTON CORP. COM 847235108 2,033 382700 SH 382700 382700
STANDARD PACIFIC COM 85375C101 4,731 430100 SH 430100 430100
STEWART & STEVENSON COM 860342104 6,514 550000 SH 550000 550000
STEWART INFO SVCS. COM 860372101 1,791 134500 SH 134500 134500
SILICON VALLEY COM 827066101 5,085 286500 SH 286500 286500
3DFX INTERACTIVE COM 88553X103 542 55250 SH 55250 55250
TECUMSEH CL A COM 878895200 7,550 160000 SH 160000 160000
TEEKAY SHIPPING COM Y8564W103 30,681 1925000 SH 1925000 1925000
MARITRANS INC. COM 570363101 3,223 599600 SH 599600 599600
U.S. HOME COM 911920106 16,897 661000 SH 661000 661000
UNITED INDUSTRIAL COM 910671106 1,865 203000 SH 203000 203000
USEC, INC. COM 90333E108 31,465 4495000 SH 4495000 4495000
VALERO ENERGY CORP. COM 91913Y100 6,658 335000 SH 335000 335000
WHEELING-PITTSBURGH COM 929248102 7,470 830000 SH 830000 830000
WEIRTON STEEL COM 948774104 5,880 863100 SH 863100 863100
U.S. STEEL COM 90337T101 14,025 425000 SH 425000 425000
YELLOW CORP. COM 985509108 16,729 995000SH 995000 995000
ZAPATA COM 989070503 2,923 632000SH 632000 632000
ZAP.COM COM 989063102 66 11500SH 11500 11500
655,844
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