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, 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: KLINGENSTEIN, FIELDS & CO., L.L.C.
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Address: 787 SEVENTH AVENUE, NEW YORK, NY 10019-6016
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13F File Number: 28-2588
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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: JONATHAN ROBERTS Title: SENIOR VICE PRESIDENT Phone: (212) 492-6177
----------------- ---------------------- -----------------
Signature, Place, and Date of Signing:
/s/ Jonathan Roberts
- ------------------------------
JONATHAN ROBERTS
NEW YORK, NY
AUGUST 11, 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 other 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).)
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KLINGENSTEIN, FIELDS & CO., L.L.C.
FORM 13F SUMMARY PAGE
AS OF DATE: 06/30/99
REPORT SUMMARY:
NUMBER OF OTHER INCLUDED MANAGERS: 0
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FORM 13F INFORMATION TABLE ENTRY TOTAL: 178
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FORM 13F INFORMATION TABLE VALUE TOTAL: $2,180,276
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(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
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KLINGENSTEIN, FIELDS & CO., L.L.C. PAGE 1
FORM 13F INFORMATION TABLE
AS OF DATE: 06/30/99
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
3COM CORP COM COM 885535104 224 8400 SH DEFINED 0 0 8400
ABBOTT LABS COM COM 002824100 1350 29760 SH DEFINED 0 0 29760
AES CORP COM COM 00130H105 1302 22400 SH DEFINED 0 0 22400
AIRBORNE FGHT CORP COM COM 009266107 10039 362600 SH DEFINED 0 0 362600
ALLEGHENY ENERGY INC COM COM 017361106 231 7200 SH DEFINED 0 0 7200
ALLIED CAP CORP NEW COM COM 01903Q108 563 23456 SH DEFINED 0 0 23456
ALLIED WASTE INDS INC COM NEW COM 019589308 494 25000 SH DEFINED 0 0 25000
ALLSTATE CORP COM COM 020002101 24372 679365 SH DEFINED 0 0 679365
AMERADA HESS CORP COM COM 023551104 18044 303260 SH DEFINED 0 0 303260
AMERICAN EXPRESS CO COM COM 025816109 50465 387816 SH DEFINED 0 0 387816
AMERICAN HOME PRODS CORP COM COM 026609107 2141 37310 SH DEFINED 0 0 37310
AMERICAN INTL GROUP INC COM COM 026874107 288165 3072118 SH DEFINED 0 0 3072118
AMERICAN TOWER CORP CL A COM 029912201 3191 132978 SH DEFINED 0 0 132978
AMERITECH CORP NEW COM COM 030954101 629 8562 SH DEFINED 0 0 8562
AMGEN INC COM COM 031162100 524 8600 SH DEFINED 0 0 8600
ANHEUSER BUSCH COS INC COM COM 035229103 621 8757 SH DEFINED 0 0 8757
APTARGROUP INC COM COM 038336103 399 13300 SH DEFINED 0 0 13300
ASIA PULP & PAPER LTD ADR SPON COM 04516V100 337 35000 SH DEFINED 0 0 35000
AT HOME CORP COM SER A COM 045919107 248 4600 SH DEFINED 0 0 4600
ATLANTIC RICHFIELD CO COM COM 048825103 2816 33702 SH DEFINED 0 0 33702
AT&T CORP COM COM 001957109 100179 1794913 SH DEFINED 0 0 1794913
AT&T CORP LIBERTY MEDIA CL A COM 001957208 64024 1742154 SH DEFINED 0 0 1742154
AVON PRODS INC COM COM 054303102 871 15700 SH DEFINED 0 0 15700
BANK AMER CORP COM COM 060505104 71242 971754 SH DEFINED 0 0 971754
BANK NEW YORK INC COM COM 064057102 4532 123524 SH DEFINED 0 0 123524
BANTA CORP COM COM 066821109 11640 554272 SH DEFINED 0 0 554272
BE AEROSPACE INC COM COM 073302101 1431 76600 SH DEFINED 0 0 76600
BECTON DICKINSON & CO COM COM 075887109 228 7600 SH DEFINED 0 0 7600
BED BATH & BEYOND INC COM COM 075896100 466 12100 SH DEFINED 0 0 12100
BELL ATLANTIC CORP COM COM 077853109 524 8015 SH DEFINED 0 0 8015
BELLSOUTH CORP COM COM 079860102 1318 28564 SH DEFINED 0 0 28564
BERKSHIRE HATHAWAY INC DEL CL COM 084670207 81650 36451 SH DEFINED 0 0 36451
BHC COMMUNICATIONS INC COM CL COM 055448104 8515 65500 SH DEFINED 0 0 65500
BOEING CO COM COM 097023105 208 4736 SH DEFINED 0 0 4736
BOSTON SCIENTIFIC CORP COM COM 101137107 554 12600 SH DEFINED 0 0 12600
BP AMOCO ADS COM 055622104 16967 156377 SH DEFINED 0 0 156377
BRISTOL MYERS SQUIBB CO COM COM 110122108 3170 45000 SH DEFINED 0 0 45000
BRITISH TELECOMMUNICATNS PLCAD COM 111021408 285 1666 SH DEFINED 0 0 1666
BURLINGTON NORTHERN SANTA FE COM 12189T104 437 14100 SH DEFINED 0 0 14100
BURLINGTON RES INC COM COM 122014103 931 21532 SH DEFINED 0 0 21532
CATERPILLAR INC. COM 149123101 540 9000 SH DEFINED 0 0 9000
CENTRAL & SOUTH WEST CORP COM COM 152357109 678 29000 SH DEFINED 0 0 29000
CHASE MANHATTAN CORP NEW COM COM 16161A108 210 2428 SH DEFINED 0 0 2428
CHEVRON CORP COM COM 166751107 357 3760 SH DEFINED 0 0 3760
CHRIS CRAFT INDS INC COM COM 170520100 1955 41487 SH DEFINED 0 0 41487
CHRIS CRAFT INDS INC COM CL B COM 170520506 5834 123803 SH DEFINED 0 0 123803
CHUBB CORP COM COM 171232101 5122 73700 SH DEFINED 0 0 73700
CINTAS CORP COM COM 172908105 269 4000 SH DEFINED 0 0 4000
CISCO SYS INC COM COM 17275R102 1064 16500 SH DEFINED 0 0 16500
CITIGROUP INC. COM 172967101 4429 93247 SH DEFINED 0 0 93247
COCA COLA CO COM COM 191216100 2259 36430 SH DEFINED 0 0 36430
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KLINGENSTEIN, FIELDS & CO., L.L.C. PAGE 2
FORM 13F INFORMATION TABLE
AS OF DATE: 06/30/99
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
COLGATE PALMOLIVE CO COM COM 194162103 5814 118056 SH DEFINED 0 0 118056
COMCAST CORP COM CL A COM 200300101 25074 700145 SH DEFINED 0 0 700145
COMCAST CORP COM CL A SPL COM 200300200 27024 703075 SH DEFINED 0 0 703075
COMPAQ COMPUTER CORP COM COM 204493100 225 9500 SH DEFINED 0 0 9500
COMPUTER ASSOC INTL INC COM COM 204912109 2201 40200 SH DEFINED 0 0 40200
CONSECO INC COM COM 208464107 390 12825 SH DEFINED 0 0 12825
COX COMMUNICATIONS INC NEW COM COM 224044107 629 17090 SH DEFINED 0 0 17090
DELTA $ PINE LD CO COM COM 247357106 1008 31998 SH DEFINED 0 0 31998
DIEBOLD INC COM COM 253651103 532 18500 SH DEFINED 0 0 18500
DISNEY WALT CO COM COM 254687106 125155 4061830 SH DEFINED 0 0 4061830
DOLLAR GEN CORP COM COM 256669102 464 16000 SH DEFINED 0 0 16000
DONNELLEY R R & SONS CO COM COM 257867101 24682 665953 SH DEFINED 0 0 665953
DU PONT E I DE NEMOURS & CO CO COM 263534109 1808 26466 SH DEFINED 0 0 26466
EMERSON ELEC CO COM COM 291011104 711 11300 SH DEFINED 0 0 11300
ENRON CORP COM COM 293561106 409 5000 SH DEFINED 0 0 5000
ERICSSON L M TEL CO ADR AMERN COM 294821509 174 20000 SH DEFINED 0 0 20000
ERICSSON L M TEL CO ADR CL B COM 294821400 211 6400 SH DEFINED 0 0 6400
EXXON CORP COM COM 302290101 4929 63914 SH DEFINED 0 0 63914
FACTORY 2-U STORES, INC COM 303072102 1496 80882 SH DEFINED 0 0 80882
FEDERAL NATL MTG ASSN COM COM 313586109 240 3520 SH DEFINED 0 0 3520
FEDERATED DEPT STORES INC DEL COM 31410H101 699 13200 SH DEFINED 0 0 13200
FIRST UN CORP COM COM 337358105 611 12960 SH DEFINED 0 0 12960
FIRSTAR CORP NEW WIS COM COM 33763V109 373 13320 SH DEFINED 0 0 13320
FLEET FINL GROUP INC NEW COM COM 338915101 251 5652 SH DEFINED 0 0 5652
FRANKLIN RES INC COM COM 354613101 337 8300 SH DEFINED 0 0 8300
GANNETT INC COM COM 364730101 39919 559290 SH DEFINED 0 0 559290
GAP INC COM COM 364760108 850 16875 SH DEFINED 0 0 16875
GARDEN RIDGE CORP COM COM 36541P104 2886 607584 SH DEFINED 0 0 607584
GENERAL ELEC CO COM COM 369604103 137449 1216360 SH DEFINED 0 0 1216360
GILAT SATELLITE NETWORKS LTDOR COM M51474100 210 4000 SH DEFINED 0 0 4000
GLAXO WELLCOME PLC SPONSORED A COM 37733W105 85427 1508643 SH DEFINED 0 0 1508643
GTE CORP COM COM 362320103 501 6631 SH DEFINED 0 0 6631
HARTFORD FINL SVCS GROUP INC C COM 416515104 40881 701067 SH DEFINED 0 0 701067
HEARTPORT INC COM COM 421969106 25 10500 SH DEFINED 0 0 10500
HERCULES INC COM COM 427056106 617 15700 SH DEFINED 0 0 15700
HOME DEPOT INC COM COM 437076102 206 3200 SH DEFINED 0 0 3200
HONEYWELL INC. COM 438506107 603 5200 SH DEFINED 0 0 5200
HSB GROUP INC COM COM 40428N109 692 16800 SH DEFINED 0 0 16800
INCO LTD COM SEDOL# 2460389 COM 453258402 360 20000 SH DEFINED 0 0 20000
INTEL CORP COM COM 458140100 702 11800 SH DEFINED 0 0 11800
INTERNATIONAL BUSINESS MACHS C COM 459200101 4985 38572 SH DEFINED 0 0 38572
INTERNATIONAL PAPER CO COM COM 460146103 14387 286314 SH DEFINED 0 0 286314
JOHNSON & JOHNSON COM COM 478160104 43608 444984 SH DEFINED 0 0 444984
KANSAS CITY SOUTHN INDS INC CO COM 485170104 17510 274400 SH DEFINED 0 0 274400
KIMBERLY CLARK CORP COM COM 494368103 1260 22100 SH DEFINED 0 0 22100
KNIGHT RIDDER INC COM COM 499040103 509 9250 SH DEFINED 0 0 9250
KROLL O GARA CO COM COM 501050108 346 15665 SH DEFINED 0 0 15665
LILLY ELI & CO COM COM 532457108 82177 1147316 SH DEFINED 0 0 1147316
LINCOLN NATL CORP IND COM COM 534187109 419 8000 SH DEFINED 0 0 8000
LUCENT TECHNOLOGIES INC COM COM 549463107 634 9398 SH DEFINED 0 0 9398
MAGAININ PHARMACEUTICALS INC C COM 559036108 498 194500 SH DEFINED 0 0 194500
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KLINGENSTEIN, FIELDS & CO., L.L.C. PAGE 3
FORM 13F INFORMATION TABLE
AS OF DATE: 06/30/99
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
MATTEL INC. COM 577081102 217 8300 SH DEFINED 0 0 8300
MBNA CORP COM COM 55262L100 563 18389 SH DEFINED 0 0 18389
MCDONALDS CORP COM COM 580135101 2143 52100 SH DEFINED 0 0 52100
MCI WORLDCOM COM 55268B106 1868 21700 SH DEFINED 0 0 21700
MEDIAONE GROUP INC COM COM 58440J104 21556 289830 SH DEFINED 0 0 289830
MELLON BK CORP COM COM 585509102 716 19692 SH DEFINED 0 0 19692
MERCK & CO INC COM COM 589331107 116875 1587432 SH DEFINED 0 0 1587432
MERRILL LYNCH & CO INC COM COM 590188108 505 6350 SH DEFINED 0 0 6350
METROMEDIA FIBER NETWORK INC C COM 591689104 359 10000 SH DEFINED 0 0 10000
MICROSOFT CORP COM COM 594918104 1596 17700 SH DEFINED 0 0 17700
MINNESOTA MNG & MFG CO COM COM 604059105 6484 74578 SH DEFINED 0 0 74578
MOBIL CORP COM COM 607059102 1861 18849 SH DEFINED 0 0 18849
MONSANTO CO COM COM 611662107 518 13100 SH DEFINED 0 0 13100
MORGAN J P & CO INC COM COM 616880100 823 5855 SH DEFINED 0 0 5855
MORGAN STANLEY DEAN WITTER & C COM 617446448 839 8172 SH DEFINED 0 0 8172
MORTON INDL GROUP INC CL A NEW COM 619328107 311 45200 SH DEFINED 0 0 45200
MOTOROLA INC COM COM 620076109 739 7800 SH DEFINED 0 0 7800
NCT GROUP INC COM COM 62888Q109 7 30000 SH DEFINED 0 0 30000
NEW YORK TIMES CO COM CL A COM 650111107 379 10300 SH DEFINED 0 0 10300
NEWMONT MINING CORP. COM 651639106 14380 723500 SH DEFINED 0 0 723500
NEXTEL COMMUNICATIONS INC COM COM 65332V103 23024 458750 SH DEFINED 0 0 458750
NOKIA CORP SPONSORED ADR COM 654902204 293 3200 SH DEFINED 0 0 3200
NORFOLK SOUTHN CORP COM COM 655844108 2991 99300 SH DEFINED 0 0 99300
NORTHERN TR CORP COM COM 665859104 1979 20400 SH DEFINED 0 0 20400
OCEAN ENERGY INC. COM 67481E106 137 14250 SH DEFINED 0 0 14250
ORACLE CORPORATION. COM 68389X105 512 13800 SH DEFINED 0 0 13800
PAMECO CORP COM COM 697934107 958 125575 SH DEFINED 0 0 125575
PARAMETRIC TECHNOLOGY CORP COM COM 699173100 276 19900 SH DEFINED 0 0 19900
PEPSICO INC COM COM 713448108 70281 1816638 SH DEFINED 0 0 1816638
PFIZER INC COM COM 717081103 2863 78798 SH DEFINED 0 0 78798
PHILIP MORRIS COS INC COM COM 718154107 304 7571 SH DEFINED 0 0 7571
PHOTOELECTRON CORP COM COM 719320103 36 11466 SH DEFINED 0 0 11466
POGO PRODUCING CO 5.500% 06/15 CONVERTIBLE BOND 730448AE7 2194 2725000 PRN DEFINED 0 0 2725000
POGO PRODUCING CO COM COM 730448107 58937 3164396 SH DEFINED 0 0 3164396
PROCTER & GAMBLE CO COM COM 742718109 25488 285578 SH DEFINED 0 0 285578
PROVIDIAN FINL CORP COM COM 74406A102 476 5100 SH DEFINED 0 0 5100
QWEST COMMUNICATIONS INTL INC COM 749121109 747 22600 SH DEFINED 0 0 22600
RIBI IMMUNOCHEM RESH INC COM COM 762553105 286 114300 SH DEFINED 0 0 114300
ROHM & HAAS CO. COM 775371107 553 12900 SH DEFINED 0 0 12900
ROYAL DUTCH PETE CO N Y REGIST COM 780257804 47344 785800 SH DEFINED 0 0 785800
SAKS INC COM COM 79377W108 482 16700 SH DEFINED 0 0 16700
SBC COMMUNICATIONS INC COM COM 78387G103 616 10614 SH DEFINED 0 0 10614
SCHLUMBERGER LTD COM SEDOL # 2 COM 806857108 1372 21540 SH DEFINED 0 0 21540
SCIENTIFIC ATLANTA INC COM COM 808655104 32141 892800 SH DEFINED 0 0 892800
SEACOR SMIT INC COM COM 811904101 1649 30824 SH DEFINED 0 0 30824
SEAGATE TECHNOLOGY COM COM 811804103 259 10100 SH DEFINED 0 0 10100
SEALED AIR CORP NEW COM COM 81211K100 36862 568200 SH DEFINED 0 0 568200
SEARS ROEBUCK & CO COM COM 812387108 461 10335 SH DEFINED 0 0 10335
SIEBEL SYS INC COM COM 826170102 2204 33230 SH DEFINED 0 0 33230
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KLINGENSTEIN, FIELDS & CO., L.L.C. PAGE 4
FORM 13F INFORMATION TABLE
AS OF DATE: 06/30/99
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
SIGCORP INC COM COM 826912107 204 7197 SH DEFINED 0 0 7197
SIGMA ALDRICH CORP COM COM 826552101 1243 36100 SH DEFINED 0 0 36100
SMITHKLINE BEECHAM P L C ADR R COM 832378301 410 6200 SH DEFINED 0 0 6200
SPRINT CORP PCS COM SER 1 COM 852061506 869 15250 SH DEFINED 0 0 15250
STOLT COMEX SEAWAY S A ADR SPO COM 861567105 419 39000 SH DEFINED 0 0 39000
STOLT COMEX SEAWAY SA COM SEDO COM L8873E103 2422 222700 SH DEFINED 0 0 222700
SUN MICROSYSTEMS INC COM COM 866810104 303 4400 SH DEFINED 0 0 4400
TANDY CORP COM COM 875382103 674 13800 SH DEFINED 0 0 13800
TCI MUSIC INC CL A COM 87229N101 219 6200 SH DEFINED 0 0 6200
TELLABS INC COM COM 879664100 930 13760 SH DEFINED 0 0 13760
TIME WARNER INC COM COM 887315109 67297 926640 SH DEFINED 0 0 926640
TITANIUM METALS CORP COM COM 888339108 113 10000 SH DEFINED 0 0 10000
TJX COS INC NEW COM COM 872540109 2445 73400 SH DEFINED 0 0 73400
TORCHMARK CORP COM COM 891027104 2184 64008 SH DEFINED 0 0 64008
TRICON GLOBAL RESTAURANTS INC COM 895953107 5180 95699 SH DEFINED 0 0 95699
U S WEST INC NEW COM COM 91273H101 383 6513 SH DEFINED 0 0 6513
UNION PAC CORP COM COM 907818108 17307 296800 SH DEFINED 0 0 296800
US BANCORP DEL COM NEW COM 902973106 280 8400 SH DEFINED 0 0 8400
USA NETWORKS INC COM COM 902984103 1103 27500 SH DEFINED 0 0 27500
VANS INC COM COM 921930103 229 20000 SH DEFINED 0 0 20000
VODAFONE AIRTOUCH PLC SPNS ADR COM 92857T107 42032 213358 SH DEFINED 0 0 213358
WACHOVIA CORP NEW COM COM 929771103 243 2841 SH DEFINED 0 0 2841
WADDELL & REED FINL INC CL B COM 930059209 423 15674 SH DEFINED 0 0 15674
WARNER LAMBERT CO COM COM 934488107 664 9600 SH DEFINED 0 0 9600
WASHINGTON POST CO COM CL B COM 939640108 42214 78502 SH DEFINED 0 0 78502
WASTE MANAGEMENT COM 94106L109 516 9600 SH DEFINED 0 0 9600
XEROX CORP COM COM 984121103 354 6000 SH DEFINED 0 0 6000
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