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, 2000
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: Train, Babcock Advisors LLC
Address: 667 Madison Avenue
New York, NY 10021
Form 13F File Number: 28-02669
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: John H. Rogicki
Title: Member and Chief Operating Officer
Phone: 212-451-3400
Signature, Place, and Date of Signing:
/s/ John H. Rogicki New York, New York November 14, 2000
----------------------------- ---------------------- -----------------
(Signature) (City, State) (Date)
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).)
List of Other Managers Reporting for this Manager: NONE
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
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Form 13F Information Table Entry Total: 235
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Form 13F Information Table Value Total: $889,225,799.00
------------------
List of Other Included Managers: NONE
<PAGE>
FORM 13F
REPORTING MANAGER:
<TABLE>
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ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7
NAME OF ISSUE TITLE CUSIP FAIR SHARES OF INVESTMENT VOTING AUTHORITY
OF NUMBER MARKET PRINCIPAL DISCRETION
CLASS VALUE AMOUNT SOLE SHARED SHARED SOLE SHARED NONE
OTHER
(A) (B) (C) (A) (B) (C)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ABBOTT LABS COMMON 002824100 $2,891,610.00 60,796N X 56,064 0 4,732
ABBOTT LABS COMMON 002824100 $1,667,351.00 35,056N X 10,800 0 24,256
ADVENT SOFTWARE, INC. COMMON 007974108 $18,344,983.00 262,540N X 183,875 0 78,665
ADVENT SOFTWARE, INC. COMMON 007974108 $1,526,350.00 21,844N X 17,250 0 4,594
ALLERGAN INC COMMON 018490102 $413,744.00 4,900N X 4,900 0 0
ALPHARMA INC COMMON 020813101 $220,050.00 3,600N X 3,600 0 0
AMERICA ONLINE INC COMMON 02364J104 $3,000,057.00 55,815N X 40,350 0 15,465
AMERICA ONLINE INC COMMON 02364J104 $381,625.00 7,100N X 4,100 0 3,000
AMERICAN EXPRESS CO COMMON 025816109 $438,311.00 7,215N X 7,215 0 0
AMERICAN EXPRESS CO COMMON 025816109 $255,515.00 4,206N X 300 0 3,906
AMERICAN GENERAL CORP COMMON 026351106 $487,344.00 6,248N X 6,248 0 0
AMERICAN HOME PRODS CORP COMMON 026609107 $5,881,143.00 103,976N X 73,776 0 30,200
AMERICAN HOME PRODS CORP COMMON 026609107 $622,187.00 11,000N X 7,300 0 3,700
AMERICAN INTL GROUP INC COMMON 026874107 $28,820,358.00 301,193N X 248,579 0 52,614
AMERICAN INTL GROUP INC COMMON 026874107 $8,990,845.00 93,961N X 66,160 0 27,801
AMGEN INC OTC 031162100 $2,325,276.00 33,300N X 24,400 0 8,900
AMGEN INC OTC 031162100 $991,559.00 14,200N X 6,400 0 7,800
AMSURG CORP COMMON 03232P108 $140,000.00 10,000N X 10,000 0 0
APPLIED MICRO CIRCUTS CORP COMMON 03822W109 $3,975,600.00 19,200N X 0 0 19,200
ARCHSTONE COMMUNITIES TRUS COMMON 039581103 $289,838.00 11,800N X 11,800 0 0
ARCHSTONE COMMUNITIES TRUS COMMON 039581103 $248,081.00 10,100N X 10,100 0 0
ASPEN TECHNOLOGIES, INC. OTC 045327103 $13,538.00 300N X 300 0 0
ASPEN TECHNOLOGIES, INC. OTC 045327103 $433,200.00 9,600N X 9,600 0 0
AT & T CORP. COMMON 001957109 $219,784.00 7,482N X 4,282 0 3,200
AT & T CORP. COMMON 001957109 $228,625.00 7,783N X 5,958 0 1,825
AUTOMATIC DATA PROCESSING COMMON 053015103 $628,625.00 9,400N X 9,000 0 400
AUTOMATIC DATA PROCESSING COMMON 053015103 $428,000.00 6,400N X 6,400 0 0
AVERY DENNISON CORP COMMON 053611109 $222,600.00 4,800N X 4,800 0 0
AVIRON COMMON 053762100 $349,875.00 6,000N X 6,000 0 0
BAKER HUGHES INC COMMON 057224107 $239,531.00 6,452N X 6,452 0 0
BANGOR HYDRO-ELECTRIC COMP COMMON 060077104 $241,875.00 10,000N X 10,000 0 0
BANK NEW YORK INC COMMON 064057102 $292,647.00 5,220N X 3,320 0 1,900
BANK OF AMERICA CORPORATIO COMMON 060505104 $415,962.00 7,942N X 486 0 7,456
BAXTER INTL INC COMMON 071813109 $546,716.00 6,850N X 6,800 0 50
BELLSOUTH CORP COMMON 079860102 $259,613.00 6,450N X 5,750 0 700
BELLSOUTH CORP COMMON 079860102 $34,132.00 848N X 0 0 848
BERKSHIRE HATHAWAY INC DEL COMMON 084670108 $257,600.00 4N X 4 0 0
BERKSHIRE HATHAWAY INC DEL COMMON 084670108 $2,447,200.00 38N X 3 0 35
BERKSHIRE HATHAWAY INC-CL COMMON 084670207 $62,100.00 30N X 25 0 5
BERKSHIRE HATHAWAY INC-CL COMMON 084670207 $351,900.00 170N X 13 0 157
BESTFOODS INC. COMMON 08658U101 $58,200.00 800N X 0 0 800
BESTFOODS INC. COMMON 08658U101 $465,600.00 6,400N X 6,400 0 0
BEVERLY ENTERPRISES INC. COMMON 087851309 $118,750.00 20,000N X 20,000 0 0
BIOMET INC OTC 090613100 $241,500.00 6,900N X 6,900 0 0
BIOVAIL CORP COMMON 09067J109 $244,313.00 3,000N X 3,000 0 0
BMC SOFTWARE INC OTC 055921100 $3,051,394.00 159,550N X 110,780 0 48,770
BMC SOFTWARE INC OTC 055921100 $148,219.00 7,750N X 4,700 0 3,050
BP AMOCO PLC COMMON 055622104 $418,806.00 7,902N X 6,754 0 1,148
BP AMOCO PLC COMMON 055622104 $548,762.00 10,354N X 5,354 0 5,000
BRISTOL MYERS SQUIBB CO COMMON 110122108 $7,690,453.00 134,625N X 85,280 0 49,345
BRISTOL MYERS SQUIBB CO COMMON 110122108 $2,390,681.00 41,850N X 27,200 0 14,650
BROADCOM CORP-CL A COMMON 111320107 $2,794,594.00 11,465N X 70 0 11,395
BROADCOM CORP-CL A COMMON 111320107 $73,125.00 300N X 0 0 300
BROCADE COMM SYSTEMS INC. COMMON 111621108 $2,242,000.00 9,500N X 0 0 9,500
CHAMPLAIN BANK CORP COMMON 15871P108 N/A 10N X 10 0 0
CHARLES E SMITH RESIDENTIA COMMON 832197107 $1,556,363.00 34,300N X 34,300 0 0
CHEVRON CORP COMMON 166751107 $8,525.00 100N X 0 0 100
CHEVRON CORP COMMON 166751107 $204,600.00 2,400N X 2,000 0 400
CHUBB CORP COMMON 171232101 $118,688.00 1,500N X 0 0 1,500
CHUBB CORP COMMON 171232101 $100,647.00 1,272N X 122 0 1,150
CIENA CORP COMMON 171779101 $1,350,938.00 11,000N X 0 0 11,000
CISCO SYS INC OTC 17275R102 $12,488,434.00 226,035N X 111,120 0 114,915
CISCO SYS INC OTC 17275R102 $4,911,394.00 88,894N X 74,000 0 14,894
CITIGROUP, INC. COMMON 172967101 $730,149.00 13,506N X 12,973 0 533
CITIGROUP, INC. COMMON 172967101 $1,631,281.00 30,174N X 24,956 0 5,218
COCA COLA CO COMMON 191216100 $1,515,718.00 27,496N X 26,396 0 1,100
COCA COLA CO COMMON 191216100 $755,875.00 13,712N X 3,700 0 10,012
COLGATE PALMOLIVE CO COMMON 194162103 $9,440.00 200N X 0 0 200
COLGATE PALMOLIVE CO COMMON 194162103 $193,520.00 4,100N X 4,000 0 100
COMCAST CORP CL A SPL OTC 200300200 $160,475.00 3,920N X 3,780 0 140
COMCAST CORP CL A SPL OTC 200300200 $257,906.00 6,300N X 5,600 0 700
COMPUTER ASSOC INTL INC COMMON 204912109 $5,526,062.00 219,397N X 172,417 0 46,980
COMPUTER ASSOC INTL INC COMMON 204912109 $4,037,153.00 160,284N X 133,562 0 26,722
COMPUTER SCIENCES CORP COMMON 205363104 $782,892.00 10,544N X 1,344 0 9,200
CRI MEDIA PARTNERS NEW LTD PA CRIMPCGEV N/A 1N X 1 0 0
CRI MEDIA PARTNERS NEW LTD PA CRIMPMGEV N/A 1N X 1 0 0
CRI MEDIA PARTNERS NEW LTD PA CRIMPSAY N/A 1N X 1 0 0
DELL COMPUTER CORP. COMMON 247025109 $12,488,614.00 405,310N X 278,990 0 126,320
DELL COMPUTER CORP. COMMON 247025109 $2,342,058.00 76,010N X 51,900 0 24,110
DENDRITE INTERNATIONAL INC OTC 248239105 $402,188.00 15,000N X 15,000 0 0
DISNEY WALT CO. COMMON 254687106 $18,386,890.00 480,703N X 415,168 0 65,535
DISNEY WALT CO. COMMON 254687106 $13,046,004.00 341,072N X 294,584 0 46,488
DU PONT E I DE NEMOURS CO COMMON 263534109 $171,013.00 4,127N X 1,727 0 2,400
DU PONT E I DE NEMOURS CO COMMON 263534109 $19,035,826.00 459,386N X 47,522 0 411,864
EMC CORP/MASS COMMON 268648102 $53,858,974.00 543,344N X 363,278 0 180,066
EMC CORP/MASS COMMON 268648102 $13,192,546.00 133,090N X 93,640 0 39,450
EMERSON ELEC CO COMMON 291011104 $1,286,400.00 19,200N X 0 0 19,200
EXXON CORP COMMON 302290101 $343,310.00 3,852N X 3,852 0 0
EXXON MOBIL CORPORATION COMMON 30231G102 $4,020,964.00 45,116N X 40,685 0 4,431
EXXON MOBIL CORPORATION COMMON 30231G102 $3,944,495.00 44,258N X 17,558 0 26,700
FEDERAL NAT MORTGAGE ASSN. COMMON 313586109 $727,513.00 10,175N X 2,000 0 8,175
FEDERAL NAT MORTGAGE ASSN. COMMON 313586109 $128,700.00 1,800N X 0 0 1,800
FIRST DATA CORP COMMON 319963104 $13,419,024.00 343,527N X 303,817 0 39,710
FIRST DATA CORP COMMON 319963104 $10,346,367.00 264,867N X 209,701 0 55,166
FIRST UNION CORP COMMON 337358105 $90,125.00 2,800N X 0 0 2,800
FIRST UNION CORP COMMON 337358105 $146,003.00 4,536N X 4,536 0 0
FOREST LABS INC COMMON 345838106 $229,375.00 2,000N X 2,000 0 0
GANNETT INC DEL COMMON 364730101 $359,658.00 6,786N X 6,786 0 0
GENERAL ELEC CO COMMON 369604103 $8,234,775.00 142,748N X 131,461 0 11,287
GENERAL ELEC CO COMMON 369604103 $5,403,069.00 93,661N X 75,179 0 18,482
GENERAL MTRS CORP COMMON 370442105 $191,945.00 2,953N X 2,802 0 151
GENERAL MTRS CORP COMMON 370442105 $520,000.00 8,000N X 0 0 8,000
GILLETTE CO COMMON 375766102 $2,854,054.00 92,439N X 70,525 0 21,914
GILLETTE CO COMMON 375766102 $1,949,325.00 63,136N X 39,100 0 24,036
GRAHAM FIELD HEALTH PRODUC COMMON 384632105 $1,680.00 10,500N X 10,500 0 0
HARTE-HANKS, INC. COMMON 416196103 $44,721,910.00 1,641,171N X 1,347,787 0 293,384
HARTE-HANKS, INC. COMMON 416196103 $21,561,754.00 791,257N X 683,707 0 107,550
HEWLETT PACKARD CO COMMON 428236103 $415,645.00 4,285N X 3,000 0 1,285
HEWLETT PACKARD CO COMMON 428236103 $480,150.00 4,950N X 4,800 0 150
HMS COMPUTER SYSTEMS INC COMMON 404243107 N/A 250N X 250 0 0
HOME DEPOT INC COMMON 437076102 $1,772,288.00 33,400N X 31,000 0 2,400
HOME DEPOT INC COMMON 437076102 $334,400.00 6,302N X 602 0 5,700
HONEYWELL INTERNATIONAL COMMON 438516106 $12,469.00 350N X 0 0 350
HONEYWELL INTERNATIONAL COMMON 438516106 $298,680.00 8,384N X 2,880 0 5,504
HOUSEHOLD INTL CORP COMMON 441815107 $271,800.00 4,800N X 4,800 0 0
HUMANA INC COMMON 444859102 $150,500.00 14,000N X 14,000 0 0
I2 TECHNOLOGIES CORP. COMMON 465754109 $8,773,231.00 46,900N X 1,600 0 45,300
IMCLONE SYS INC COM OTC 45245W109 $316,069.00 2,700N X 2,700 0 0
INTEL CORP OTC 458140100 $35,692,046.00 858,756N X 661,506 0 197,250
INTEL CORP OTC 458140100 $9,127,125.00 219,600N X 162,500 0 57,100
INTERNATIONAL BUSINESS MAC COMMON 459200101 $2,345,400.00 20,848N X 20,288 0 560
INTERNATIONAL BUSINESS MAC COMMON 459200101 $476,325.00 4,234N X 3,382 0 852
JABIL CIRCUIT INC COMMON 466313103 $1,469,825.00 25,900N X 19,000 0 6,900
JDS UNIPHASE CORP COMMON 46612J101 $796,890.00 8,416N X 0 0 8,416
JDS UNIPHASE CORP COMMON 46612J101 $227,250.00 2,400N X 2,000 0 400
JOHNSON & JOHNSON COMMON 478160104 $2,109,836.00 22,460N X 21,885 0 575
JOHNSON & JOHNSON COMMON 478160104 $3,285,840.00 34,979N X 20,439 0 14,540
KING PHARMACEUTICALS INC. COMMON 495582108 $200,625.00 6,000N X 6,000 0 0
KONINKLIJKE PHILIPS ELEC. COMMON 500472303 $1,050,048.00 24,707N X 23,737 0 970
LILLY, ELI AND COMPANY COMMON 532457108 $365,063.00 4,500N X 4,300 0 200
LILLY, ELI AND COMPANY COMMON 532457108 $300,163.00 3,700N X 3,200 0 500
LUCENT TECHNOLOGIES INC COMMON 549463107 $493,982.00 16,163N X 3,120 0 13,043
LUCENT TECHNOLOGIES INC COMMON 549463107 $311,249.00 10,184N X 6,720 0 3,464
MAXIM PHARMACEUTICALS INC COMMON 57772M107 $227,813.00 3,750N X 3,750 0 0
MCGRAW HILL INC COMMON 580645109 $569,774.00 8,964N X 8,964 0 0
MCGRAW HILL INC COMMON 580645109 $457,650.00 7,200N X 5,600 0 1,600
MEDTRONIC INC COMMON 585055106 $12,831,365.00 247,650N X 192,030 0 55,620
MEDTRONIC INC COMMON 585055106 $4,517,688.00 87,193N X 66,194 0 20,999
MERCK & CO INC COMMON 589331107 $9,591,198.00 128,849N X 117,535 0 11,314
MERCK & CO INC COMMON 589331107 $4,582,149.00 61,557N X 50,388 0 11,169
MICROSOFT CORP OTC 594918104 $14,991,577.00 248,565N X 184,170 0 64,395
MICROSOFT CORP OTC 594918104 $3,398,308.00 56,345N X 35,575 0 20,770
MINNESOTA MNG & MFG CO COMMON 604059105 $1,074,637.00 11,793N X 11,793 0 0
MINNESOTA MNG & MFG CO COMMON 604059105 $218,700.00 2,400N X 2,400 0 0
MORGAN J.P. & CO INC COMMON 616880100 $410,561.00 2,513N X 1,425 0 1,088
MORGAN J.P. & CO INC COMMON 616880100 $2,295,092.00 14,048N X 14,048 0 0
MOTOROLA INC COMMON 620076109 $255,663.00 9,050N X 7,500 0 1,550
MOTOROLA INC COMMON 620076109 $67,970.00 2,406N X 0 0 2,406
NETWORK APPLIANCE CORPORAT COMMON 64120L104 $2,025,263.00 15,900N X 8,000 0 7,900
NEW SKY COMMUNICATIONS OTC 648726107 $290.00 10,000N X 0 0 10,000
NOKIA CORP COMMON 654902204 $7,599,609.00 190,885N X 112,325 0 78,560
NOKIA CORP COMMON 654902204 $1,492,969.00 37,500N X 9,750 0 27,750
NORTEL NETWORKS CORPORATIO COMMON 656568102 $1,015,541.00 17,050N X 9,400 0 7,650
NORTEL NETWORKS CORPORATIO COMMON 656568102 $13,104.00 220N X 120 0 100
NTL INCORPORATED COMMON 629407107 $7,688,571.00 166,015N X 117,435 0 48,580
NTL INCORPORATED COMMON 629407107 $1,479,684.00 31,950N X 17,550 0 14,400
ORACLE SYS CORP OTC 68389X105 $622,125.00 7,900N X 0 0 7,900
ORACLE SYS CORP OTC 68389X105 $905,468.00 11,498N X 9,448 0 2,050
OXFORD HEALTH PLANS INC OTC 691471106 $282,756.00 9,200N X 9,200 0 0
PAYCHEX INC. OTC 704326107 $2,115,750.00 40,300N X 0 0 40,300
PEPSICO INC COMMON 713448108 $12,650.00 275N X 0 0 275
PEPSICO INC COMMON 713448108 $533,600.00 11,600N X 1,000 0 10,600
PFIZER INC COMMON 717081103 $3,522,515.00 78,387N X 76,425 0 1,962
PFIZER INC COMMON 717081103 $5,667,607.00 126,122N X 77,372 0 48,750
PHARMACIA CORPORATION COMMON 71713U102 $6,633,385.00 110,212N X 85,073 0 25,139
PHARMACIA CORPORATION COMMON 71713U102 $324,712.00 5,395N X 3,595 0 1,800
PHILIP MORRIS CO. INC. COMMON 718154107 $73,594.00 2,500N X 0 0 2,500
PHILIP MORRIS CO. INC. COMMON 718154107 $382,688.00 13,000N X 13,000 0 0
PROCTER & GAMBLE COMPANY COMMON 742718109 $377,813.00 5,639N X 5,014 0 625
PROCTER & GAMBLE COMPANY COMMON 742718109 $324,280.00 4,840N X 2,140 0 2,700
PROLOGIS TRUST COMMON 743410102 $940,500.00 39,600N X 34,900 0 4,700
PROLOGIS TRUST COMMON 743410102 $1,809,750.00 76,200N X 75,200 0 1,000
PROTECTIVE LIFE CORP. COMMON 743674103 $280,825.00 9,400N X 0 0 9,400
PROVINCE HEALTHCARE COMPAN COMMON 743977100 $413,353.00 10,350N X 10,350 0 0
RADIOSHACK CORPORATION COMMON 750438103 $387,750.00 6,000N X 6,000 0 0
REPSOL INTL CAP PREFER YY5021398 N/A 500N X 0 0 500
REUTERS GROUP PLC ADR COMMON 76132M102 $3,522,282.00 31,344N X 29,419 0 1,925
REUTERS GROUP PLC ADR COMMON 76132M102 $4,738,854.00 42,170N X 37,390 0 4,780
ROYAL DUTCH PETROLEUM PAR COMMON 780257804 $4,669,131.00 77,900N X 77,900 0 0
ROYAL DUTCH PETROLEUM PAR COMMON 780257804 $769,538.00 12,839N X 10,839 0 2,000
SAFEWAY INC COMMON 786514208 $373,500.00 8,000N X 8,000 0 0
SANMINA CORP. COMMON 800907107 $5,720,488.00 61,100N X 33,900 0 27,200
SANMINA CORP. COMMON 800907107 $209,533.00 2,238N X 650 0 1,588
SBC COMMUNICATIONS, INC. COMMON 78387G103 $377,500.00 7,550N X 5,373 0 2,177
SBC COMMUNICATIONS, INC. COMMON 78387G103 $364,700.00 7,294N X 3,217 0 4,077
SCHERING PLOUGH CORP COMMON 806605101 $2,152,950.00 46,300N X 46,300 0 0
SCHERING PLOUGH CORP COMMON 806605101 $963,945.00 20,730N X 17,880 0 2,850
SCHLUMBERGER COMMON 806857108 $214,754.00 2,609N X 2,034 0 575
SCHLUMBERGER COMMON 806857108 $798,432.00 9,700N X 9,500 0 200
SCHWAB (CHARLES) CORP. COMMON 808513105 $1,906,350.00 53,700N X 53,700 0 0
SCHWAB (CHARLES) CORP. COMMON 808513105 $369,342.00 10,404N X 10,404 0 0
SDL INC COMMON 784076101 $866,075.00 2,800N X 0 0 2,800
SMITHKLINE BEECHAM PLC ADR COMMON 832378301 $411,750.00 6,000N X 6,000 0 0
SOLECTRON CORP COMMON 834182107 $78,485,286.00 1,701,578N X 1,341,494 0 360,084
SOLECTRON CORP COMMON 834182107 $37,918,810.00 822,088N X 636,292 0 185,796
STATE STREET CORP COMMON 857477103 $81,763,890.00 628,953N X 516,711 0 112,242
STATE STREET CORP COMMON 857477103 $51,771,720.00 398,244N X 330,918 0 67,326
STILWELL FINANCIAL INC COMMON 860831106 $222,285.00 5,110N X 110 0 5,000
STRYKER CORP OTC 863667101 $446,550.00 10,400N X 10,400 0 0
SUMMIT BANCORP COM COMMON 866005101 $51,750.00 1,500N X 1,500 0 0
SUMMIT BANCORP COM COMMON 866005101 $207,000.00 6,000N X 6,000 0 0
SUN MICROSYSTEM INC OTC 866810104 $4,985,809.00 42,705N X 24,710 0 17,995
SUN MICROSYSTEM INC OTC 866810104 $4,386,881.00 37,575N X 2,500 0 35,075
SYKES ENTERPRISES INC COMMON 871237103 $198,875.00 37,000N X 35,600 0 1,400
SYKES ENTERPRISES INC COMMON 871237103 $21,769.00 4,050N X 3,050 0 1,000
SYMBOL TECHNOLOGIES INC COMMON 871508107 $328,828.00 9,150N X 0 0 9,150
TANDY BRANDS ACCESSORIES I OTC 875378101 $72,610.00 10,757N X 10,757 0 0
TANGER FACTORY OUTLET CTRS COMMON 875465106 $220,000.00 10,000N X 10,000 0 0
TANGER FACTORY OUTLET CTRS COMMON 875465106 $72,600.00 3,300N X 3,300 0 0
TARGET CORP COMMON 87612E106 $276,750.00 10,800N X 10,800 0 0
TECO ENERGY INC COMMON 872375100 $28,750.00 1,000N X 1,000 0 0
TECO ENERGY INC COMMON 872375100 $244,375.00 8,500N X 500 0 8,000
TENET HEALTHCARE CORPORATION COMMON 88033G100 $254,625.00 7,000N X 7,000 0 0
TEXAS INSTRUMENTS INC COMMON 882508104 $398,734.00 8,450N X 800 0 7,650
TEXAS INSTRUMENTS INC COMMON 882508104 $113,250.00 2,400N X 400 0 2,000
TIME WARNER INC COMMON 887315109 $391,563.00 5,004N X 5,004 0 0
TIME WARNER INC COMMON 887315109 $93,900.00 1,200N X 1,200 0 0
TYCO INTERNATIONAL LTD COMMON 902124106 $310,005.00 5,976N X 5,176 0 800
TYCO INTERNATIONAL LTD COMMON 902124106 $415,000.00 8,000N X 8,000 0 0
UNILEVER N V COMMON 904784501 $689,251.00 14,285N X 14,285 0 0
UNOCAL CORP COMMON 915289102 $205,538.00 5,800N X 4,400 0 1,400
VERIZON COMMUNICATIONS COMMON 92343V104 $8,684,941.00 179,302N X 134,644 0 44,658
VERIZON COMMUNICATIONS COMMON 92343V104 $5,605,963.00 115,736N X 91,913 0 23,823
VODAFONE GROUP PLC COMMON 92857W100 $146,150.00 3,950N X 2,750 0 1,200
VODAFONE GROUP PLC COMMON 92857W100 $179,450.00 4,850N X 3,600 0 1,250
WAL MART STORES INC COMMON 931142103 $385,000.00 8,000N X 8,000 0 0
WAL MART STORES INC COMMON 931142103 $77,000.00 1,600N X 1,600 0 0
WALGREEN COMPANY COMMON 931422109 $2,185,200.00 57,600N X 44,000 0 13,600
WALGREEN COMPANY COMMON 931422109 $3,608,729.00 95,123N X 95,123 0 0
WASHINGTON POST CO CL B COMMON 939640108 $791,813.00 1,500N X 0 0 1,500
WATSON PHARMACEUTICALS, IN COMMON 942683103 $291,938.00 4,500N X 4,500 0 0
WEINGARTEN REALTY INC COM COMMON 948741103 $325,715.00 7,993N X 7,000 0 993
YAHOO! INC COMMON 984332106 $542,360.00 5,960N X 160 0 5,800
YAHOO! INC COMMON 984332106 $86,450.00 950N X 900 0 50
TOTAL (as of 09/29/00): 235 MARKET VALUE: $889,225,799.00
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