United States
Securities and Exchange Commission
Washington, D.C. 205490
Form 13F
From 13F Cover Page
Report for the Calendar Year or Quarter Ended: September 30, 1999
Check here if Amendment []; Amendment Number ____
This Amendment (Check only one.):[] is a restatement.
[] adds new holdings entries.
Institutional Investment Manager Filing the Report:
Name: Baxter Financial Corporation
Address: 1200 North Federal Highway, Suite 424
Boca Raton, FL 33432
Form 13F File Number: 28-2480
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 F. Rohe
Title: Chief Operating Officer
Phone: 561-395-2155
Signature, Place, and Date of Signing:
____________________ Boca Raton, FL October 21, 1999
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 another 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).)
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 30
Form 13F Information Table Value Total: $ 91,739
(thousands)
List of Other Included Managers:
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.
NONE
<PAGE>
<TABLE>
<CAPTION>
Form 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
- -------------- -------------- --------- --------- -------------------- ---------- ---------- ----------
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
(x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
- -------------- -------------- --------- --------- -------------------- ---------- ---------- -------------------
<C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Altera Corp 021441100 6,073 140,000 SH SOLE 140,000
American Express 025816109 2,700 20,000 SH SOLE 20,000
American Int'l 026874107 4,347 50,000 SH SOLE 50,000
Anixter Int'l 035290105 5,022 216,000 SH SOLE 216,000
Comcast SL CL A 200300200 8,773 220,000 SH SOLE 220,000
Corn Products 219023108 5,034 165,400 SH SOLE 165,400
Cox Communications 224044107 3,340 80,000 SH SOLE 80,000
Dole Foods 256605106 3,848 202,500 SH SOLE 202,500
Exxon 302290101 230 3,020 SH SOLE 3,020
Federal Nat'l Mtg 313586109 6,896 110,000 SH SOLE 110,000
General Motors 370442105 3,776 60,000 SH SOLE 60,000
Golden State Bancorp 381197102 1,345 75,000 SH SOLE 75,000
Ibis Tech Corp 450909106 1,121 32,500 SH SOLE 32,500
IMC Global 449669100 4,005 275,000 SH SOLE 275,000
Ingles Markets 457030104 1,306 99,000 SH SOLE 99,000
Mobile America 607235504 26 11,000 SH SOLE 11,000
National City Corp 635401103 3,736 140,000 SH SOLE 140,000
Novacare 669930109 12 10,000 SH SOLE 10,000
PNC Bancorp 693475105 6,059 115,000 SH SOLE 115,000
RailAmerica 750753105 439 44,500 SH SOLE 44,500
SBC Communications 78387G103 6,956 136,216 SH SOLE 136,216
Scotts Company 810186106 3,636 105,000 SH SOLE 105,000
SLM Holdings 78442A109 5,968 138,800 SH SOLE 138,800
Southern Union 844030106 236 12,443 SH SOLE 12,443
Time Warner 887315109 1,215 20,000 SH SOLE 20,000
United Dominion Rlty 910197102 140 12,500 SH SOLE 12,500
United Healthcare 910581107 2,936 60,300 SH SOLE 60,300
Vodafone 92857T107 404 1,710 SH SOLE 1,710
Washington Post CL B 939640108 2,040 4,000 SH SOLE 4,000
Windmere Durable 973411101 120 10,000 SH SOLE 10,000
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