UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 1999
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Check here if Amendment [ ]; Amendment Number:
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This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Ballentine Capital Management, Inc.
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Address: 10 Avon Meadow Lane
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Avon, CT 06001
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Form 13F File Number: 28-2599
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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: Steven W. Ballentine
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Title: President & CEO
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Phone: (860) 676-1830
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Signature, Place, and Date of Signing:
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<PAGE>
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
forthis reporting manager are reported in this report and a
portion are reported by other reporting manager(s).)
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Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers:
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Form 13F Information Table Entry Total: 64
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Form 13F Information Table Value Total: $ 669,977
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(thousands)
Information for which we are requesting confidential treatment
has been omitted and filed separately with the Securities and Exchange
Commission.
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.
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FORM 13F INFORMATION TABLE
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>
Advanced Commun. Grp COM 00751B106 4213 526600 SH SOLE 526600
BJ Services COM 055482103 1113 35000 SH SOLE 35000
Baker Hughes Inc. COM 057224107 899 31000 SH SOLE 31000
Bell Atlantic Corp COM 077853109 4793 71200 SH SOLE 71200
CINergy COM 172474108 10900 385000 SH SOLE 385000
CMP Group Inc COM 125887109 15245 578000 SH SOLE 578000
CTG Resources Inc COM 125957100 2214 62600 SH SOLE 62600
Cincinnati Bell Inc COM 171870108 9377 482400 SH SOLE 482400
Columbia Energy Group COM 197648108 21231 383400 SH SOLE 383400
Comfort Systems USA COM 199908104 963 82000 SH SOLE 82000
Conectiv Class A COM 206829202 1829 44600 SH SOLE 44600
Consolidated Nat. Gas COM 209615103 12806 205300 SH SOLE 205300
Constellation Energy Group COM 210371100 20090 714300 SH SOLE 714300
Cooper Cameron Corp COM 216640102 849 22500 SH SOLE 22500
Dynatech Corp COM 268140100 1675 335100 SH SOLE 335100
Eastern Enterprises COM 27637F100 12636 272100 SH SOLE 272100
Edison International COM 281020107 16885 694500 SH SOLE 694500
El Paso Energy Corp COM 283695872 17593 441900 SH SOLE 441900
FPL Group COM 302571104 12775 253600 SH SOLE 253600
Florida Progress COM 341109106 6364 137600 SH SOLE 137600
GPU Inc. COM 36225X100 15138 464000 SH SOLE 464000
ICG Communications COM 449246107 3416 219500 SH SOLE 219500
IRI Intl. Corp COM 45004F107 469 100000 SH SOLE 100000
Imperial Credit Industries COM 452729106 437 100000 SH SOLE 100000
Integrated Elec Svcs COM 45811E103 6304 398700 SH SOLE 398700
K N Energy Inc COM 482620101 14050 626200 SH SOLE 626200
KCS Energy Inc COM 482434206 10 10000 SH SOLE 10000
Kansas City Pwr & Lt COM 485134100 5684 235000 SH SOLE 235000
LCC International COM 501810105 1339 220800 SH SOLE 220800
LG&E Energy Corp COM 501917108 12950 609400 SH SOLE 609400
Lincoln Bancorp COM 532879103 1009 85000 SH SOLE 85000
MCN Energy Group COM 55267J100 21160 1231100 SH SOLE 1231100
Minnesota Pwr & Lt COM 604110106 25028 1425100 SH SOLE 1425100
Montana Power Co COM 612085100 55731 1831000 SH SOLE 1831000
NCRIC Group Inc COM 628866105 162 18900 SH SOLE 18900
NSTAR COM 67019E107 53497 1380561 SH SOLE 1380561
NUI Corporation COM 629430109 1411 57000 SH SOLE 57000
Natl Fuel Gas Co COM 636180101 14609 309600 SH SOLE 309600
Nicor Inc COM 654086107 1647 44300 SH SOLE 44300
Octel Corp COM 675727101 1554 138100 SH SOLE 138100
PECO Energy Co COM 693304107 51382 1370200 SH SOLE 1370200
Peoples Energy COM 711030106 11788 335000 SH SOLE 335000
Pinnacle West Cap COM 723484101 33458 919800 SH SOLE 919800
Professionals Group Inc COM 742954100 4165 166600 SH SOLE 166600
Public Service Co of NC COM 744516105 16600 535500 SH SOLE 535500
Quanta Services Inc COM 74762E102 25232 860800 SH SOLE 860800
Republic Sec Financial Corp COM 760758102 648 74600 SH SOLE 74600
Rite Aid Corp COM 767754104 691 50000 SH SOLE 50000
SCANA Corp. COM 805898103 17263 713700 SH SOLE 713700
Sierra Pac Res COM 826428104 8047 361645 SH SOLE 361645
Sunshing Mining Warrant COM 867833147 58 372400 SH SOLE 372400
TECO Energy Inc COM 872375100 3241 153400 SH SOLE 153400
TNP Enterprises COM 872594106 24227 622200 SH SOLE 622200
Texas Utils Co COM 882848104 15787 423100 SH SOLE 423100
U S West Inc COM 91273H101 1712 30000 SH SOLE 30000
US Concrete Inc COM 90333L102 2783 342500 SH SOLE 342500
USEC, Inc. COM 90333E108 1025 100000 SH SOLE 100000
UniSource Energy COM 909205106 14906 1261900 SH SOLE 1261900
Unicom Corp COM 904911104 19507 528100 SH SOLE 528100
Unifab Int'l Inc COM 90467L100 580 72000 SH SOLE 72000
United Panam Financial COM 911301109 97 50000 SH SOLE 50000
Washington Gas Light COM 938837101 4926 181600 SH SOLE 181600
Williams Cos Inc COM 969457100 393 10500 SH SOLE 10500
Worldgate Communications COM 98156L307 1407 61500 SH SOLE 61500
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