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
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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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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: 61
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Form 13F Information Table Value Total: $ 640,549
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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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<TABLE>
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>
American Capital Strategies COM 024937104 31556 1243600 SH SOLE 1243600
American Superconductor Corp COM 030111108 8010 180000 SH SOLE 180000
Avista Corp COM 05379B107 20500 503077 SH SOLE 503077
Catalytica Inc COM 148885106 5181 355800 SH SOLE 355800
Coastal Corp COM 190441105 11040 240000 SH SOLE 240000
Comfort Systems USA COM 199908104 523 82000 SH SOLE 82000
Conductus Inc COM 206784100 8275 255100 SH SOLE 255100
Conectiv COM 206829103 18111 1034900 SH SOLE 1034900
Conectiv Class A COM 206829202 970 44600 SH SOLE 44600
Constellation Energy Group COM 210371100 3506 110000 SH SOLE 110000
DQE ,Inc. COM 23329J104 9632 211700 SH SOLE 211700
DTE Energy COM 233331107 11713 403900 SH SOLE 403900
Dynatech Corp COM 268140100 4838 335100 SH SOLE 335100
Edison International COM 281020107 13068 789000 SH SOLE 789000
El Pas Elec. & Gas COM 283677854 25971 2503200 SH SOLE 2503200
Entergy Corp COM 29364G103 2695 133500 SH SOLE 133500
Florida Progress COM 341109106 2367 51600 SH SOLE 51600
GPU Inc. COM 36225X100 16387 598600 SH SOLE 598600
ICG Communications COM 449246107 20389 564400 SH SOLE 564400
ITC Deltacom Inc COM 45031T104 1514 42500 SH SOLE 42500
Imperial Credit Industries COM 452729106 450 100000 SH SOLE 100000
Integrated Elec Svcs COM 45811E103 1724 328400 SH SOLE 328400
Intermagnetics General Corp COM 458771102 4449 261700 SH SOLE 261700
Intermedia Communications COM 458801107 242 5000 SH SOLE 5000
Ipalco Enterprises COM 462613100 44263 2269900 SH SOLE 2269900
KCS Energy Inc COM 482434206 14 10000 SH SOLE 10000
Kaiser Aluminum Corp COM 483007100 225 50000 SH SOLE 50000
Kinder Morgan Inc COM 49455p101 49211 1426400 SH SOLE 1426400
Lincoln Bancorp COM 532879103 845 85000 SH SOLE 85000
MCN Energy Group COM 55267J100 1250 50000 SH SOLE 50000
Mechanical Technology Inc COM 583538103 7192 101300 SH SOLE 101300
Minnesota Pwr & Lt COM 604110106 20866 1255100 SH SOLE 1255100
NCRIC Group Inc COM 628866105 151 18900 SH SOLE 18900
NUI Corporation COM 629430109 14757 570300 SH SOLE 570300
Natl Fuel Gas Co COM 636180101 25953 582400 SH SOLE 582400
New Century Energies COM 64352U103 295 9800 SH SOLE 9800
Nicor Inc COM 654086107 12167 369400 SH SOLE 369400
Nisource Inc COM 65473P105 22219 1316700 SH SOLE 1316700
Northeast Utils COM 664397106 16463 765700 SH SOLE 765700
Octel Corp COM 675727101 1278 131100 SH SOLE 131100
PP&L Resources COM 693499105 3945 188400 SH SOLE 188400
Peoples Energy COM 711030106 11842 431600 SH SOLE 431600
Pinnacle West Cap COM 723484101 27906 990000 SH SOLE 990000
Professionals Group Inc COM 742954100 3549 183760 SH SOLE 183760
Public Scs Co N Mex COM 744499104 30459 1933900 SH SOLE 1933900
Reliant Energy Inc COM 442161105 12063 514700 SH SOLE 514700
Sierra Pac Res COM 826428104 8456 676445 SH SOLE 676445
Sunshing Mining Warrant COM 867833147 0 372400 SH SOLE 372400
TNP Enterprises COM 872594106 8762 200000 SH SOLE 200000
U S West Inc COM 91273H101 7771 107000 SH SOLE 107000
US Concrete Inc COM 90333L102 2055 342500 SH SOLE 342500
USEC, Inc. COM 90333E108 462 100000 SH SOLE 100000
UniSource Energy COM 909205106 34874 2374400 SH SOLE 2374400
Unifab Int'l Inc COM 90467L100 576 72000 SH SOLE 72000
Unisys COM 909214108 5100 200000 SH SOLE 200000
United Panam Financial COM 911301109 66 50000 SH SOLE 50000
Unitil Corp COM 913259107 1561 52800 SH SOLE 52800
Viatel Inc COM 925529208 2208 44000 SH SOLE 44000
Washington Gas Light COM 938837101 9760 359000 SH SOLE 359000
Williams Cos Inc COM 969457100 27026 615100 SH SOLE 615100
Worldgate Communications COM 98156L307 1849 61500 SH SOLE 61500
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