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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 31, 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: Zevenbergen Capital, Inc.
Address: 601 Union Street, #4600
Seattle, WA 98101
13F File Number: 28-2967
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: Lisa C. Foley
Title: Principal
Phone: 206-628-8469
Signature, Place, and Date of Signing:
Lisa C. Foley Seattle, Washington February 14, 2000
Report Type (Check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 108
Form 13F Information Table Value Total: $2,500,288
List of Other Included Managers:
No. 13F File Number Name
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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>
AT&T Corp. COM 001957109 35217 693086 SH SOLE 499270 193816
AdForce, Inc. COM 006867105 8158 114300 SH SOLE 114300
Adelphia Business Solutions COM 006847107 9542 198800 SH SOLE 181500 17300
Adelphia Comm. COM 006848105 26719 407150 SH SOLE 301000 106150
Advanced Radio Telecom COM 00754U101 6792 283000 SH SOLE 262900 20100
Advent Software, Inc. COM 007974108 3122 48450 SH SOLE 48450
Aether Systems, Inc. COM 00808V105 3055 42650 SH SOLE 40100 2550
Akamai Technologies COM 00971T101 2523 7700 SH SOLE 6850 850
Amazon.com, Inc. COM 023135106 40384 530500 SH SOLE 372800 157700
America Online, Inc. COM 02364J104 33990 447970 SH SOLE 304220 143750
Ameritrade Holding COM 03072H109 1631 75200 SH SOLE 75200
Amgen, Inc. COM 031162100 216 3600 SH SOLE 3600
Antec Corp. COM 03664P105 945 25900 SH SOLE 25900
At Home Corp. COM 045919107 287 6700 SH SOLE 3500 3200
BSQUARE Corp. COM 11776U102 6691 159550 SH SOLE 129700 29850
Biogen, Inc. COM 090597105 35262 417300 SH SOLE 302100 115200
Bristol-Myers Squibb COM 110122108 23342 363650 SH SOLE 243600 120050
Broadcom Corp.- CL A COM 111320107 50512 185450 SH SOLE 133050 52400
CMGI, Inc. COM 125750109 117464 424250 SH SOLE 295600 128650
Cablevision Systems COM 12686C109 22903 303350 SH SOLE 220350 83000
Calico Commerce, Inc. COM 129897104 18073 341000 SH SOLE 261650 79350
Campbell Soup Co. COM 134429109 232 6000 SH SOLE 6000
Church & Dwight COM 171340102 2792 104600 SH SOLE 104600
Cisco Systems, Inc. COM 17275R102 94168 879050 SH SOLE 613550 265500
Clear Channel Comm. COM 184502102 74107 830333 SH SOLE 582138 248195
Colgate-Palmolive Co. COM 194162103 14859 228600 SH SOLE 154950 73650
Colt Telecom Group COM 196877104 90178 442050 SH SOLE 265150 176900
Comcast Corp. - Special COM 200300200 54238 1072700 SH SOLE 761500 311200
Commerce One, Inc. COM 200693109 3183 16200 SH SOLE 14850 1350
Costco Wholesale Corp. COM 22160K105 24822 272025 SH SOLE 190025 82000
Cox Radio, Inc. COM 224051102 3890 39000 SH SOLE 39000
Cumulus Media, Inc. COM 231082108 2558 50400 SH SOLE 50000 400
Data Return Corp. COM 23785M104 936 17500 SH SOLE 17500
E*Trade Group, Inc. COM 269246104 5687 217675 SH SOLE 146050 71625
E-Tek Dynamics, Inc COM 269240107 20160 149750 SH SOLE 116950 32800
E.piphany, Inc. COM 26881V100 6649 29800 SH SOLE 27800 2000
Estee Lauder Cos. COM 518439104 65997 1308500 SH SOLE 932650 375850
Exodus Communications COM 302088109 2114 23800 SH SOLE 21200 2600
Extreme Networks, Inc. COM 30226D106 23560 282150 SH SOLE 228550 53600
F5 Networks, Inc. COM 315616102 2936 25750 SH SOLE 23750 2000
Finisar Corp. COM 31787A101 2238 24900 SH SOLE 22500 2400
FreeMarkets, Inc. COM 356602102 3908 11450 SH SOLE 10350 1100
GOTO.Com COM 38348T107 1345 22900 SH SOLE 22900
GTE Corp. COM 362320103 3556 50400 SH SOLE 50400
General Electric Co. COM 369604103 2553 16500 SH SOLE 9900 6600
Gilat Satellite Networks COM M51474100 11768 99100 SH SOLE 90100 9000
Global Crossing, LTD COM G3921A100 1485 29700 SH SOLE 26400 3300
Global Telesystems Grp. COM 37936U104 65125 1874100 SH SOLE 1404000 470100
Go2net Inc. COM 383486107 27466 315700 SH SOLE 247050 68650
Hispanic Broadcasting Corp. COM 43357B104 1346 14600 SH SOLE 14200 400
Immunex Corp. COM 452528102 56716 517950 SH SOLE 373700 144250
Intel Corp. COM 458140100 222 2700 SH SOLE 700 2000
Internet Capital Group COM 46059C106 27353 160900 SH SOLE 115050 45850
Juniper Networks, Inc. COM 48203R104 18819 55350 SH SOLE 41050 14300
KPNQwest NV COM N50919104 2537 39800 SH SOLE 34800 5000
Kana Communications COM 483600102 25369 123750 SH SOLE 100600 23150
Kroger Co. COM 501044101 378 20000 SH SOLE 20000
Lamar Advertising Co. COM 512815101 1953 32250 SH SOLE 32250
Leap Wireless COM 521863100 1998 25450 SH SOLE 24875 575
Legg Mason, Inc. COM 524901105 311 8578 SH SOLE 8578
Liberty Digital, Inc. COM 530436104 5636 75900 SH SOLE 64700 11200
Liberty Media Group - A COM 001957208 109562 1928484 SH SOLE 1362976 565508
Loral Space & Comm. COM 564621073 10267 422300 SH SOLE 320100 102200
Lucent Technologies COM 549463107 4403 58700 SH SOLE 53700 5000
MCI Worldcom, Inc. COM 55268B106 60553 1141155 SH SOLE 795225 345930
MapQuest.com, Inc. COM 565644101 865 38350 SH SOLE 38350
Medimmune, Inc. COM 584699102 38126 229850 SH SOLE 169850 60000
Merck & Co., Inc. COM 589331107 504 7500 SH SOLE 4700 2800
Metricom, Inc. COM 591596101 2288 29100 SH SOLE 26400 2700
Metromedia Fiber Network COM 591689104 62093 1295300 SH SOLE 921300 374000
Microsoft Corp. COM 594918104 101105 865996 SH SOLE 555905 310091
Motorola, Inc. COM 620076109 295 2000 SH SOLE 2000
NTL Incorporated COM 629407107 49245 394750 SH SOLE 297363 97387
Nextel Communications COM 65332V103 516 5000 SH SOLE 5000
Nextlink Comm. COM 65333H707 62590 753528 SH SOLE 572500 181028
Nokia Corp.-ADR A COM 654902204 39903 208850 SH SOLE 139750 69100
Northern Trust Corp. COM 665859104 10006 188800 SH SOLE 127300 61500
Omnicom Group COM 681919106 1030 10300 SH SOLE 5000 5300
Panamsat Corp. COM 697933109 13882 233800 SH SOLE 179200 54600
Paychex, Inc. COM 704326107 15639 390975 SH SOLE 262900 128075
PepsiCo, Inc. COM 713448108 212 6000 SH SOLE 6000
Plexus Corp. COM 729132100 3236 73550 SH SOLE 73550
Price Communications COM 741437305 6592 237030 SH SOLE 215030 22000
Qualcomm, Inc. COM 747525103 199409 1132200 SH SOLE 773800 358400
Qwest Communications COM 749121109 63588 1478800 SH SOLE 1050900 427900
RealNetworks, Inc. COM 75605L104 35101 291750 SH SOLE 215750 76000
Rural Cellular Corp. COM 781904107 3643 40250 SH SOLE 38150 2100
Schering-Plough COM 806605101 9028 213050 SH SOLE 145050 68000
Solectron Corp. COM 834182107 71940 756267 SH SOLE 527600 228667
Spanish Broadcasting System, I COM 846425882 2351 58400 SH SOLE 58400
Sprint PCS Group COM 852061506 984 9600 SH SOLE 9600
Starbucks Corp. COM 855244109 267 11000 SH SOLE 11000
TV Guide, Inc. COM 87307Q109 4524 105200 SH SOLE 94800 10400
Telephone & Data COM 879433100 29317 232675 SH SOLE 172175 60500
Teligent, Inc. Cl A COM 87959Y103 13795 223400 SH SOLE 172600 50800
Time Warner Telecom COM 887319101 5973 119600 SH SOLE 111400 8200
Time Warner, Inc. COM 887315109 16936 234200 SH SOLE 162850 71350
U.S. Trust Corp. COM 91288L105 2486 31000 SH SOLE 31000
USA Networks, Inc. COM 902984103 26520 480000 SH SOLE 350100 129900
United Parcel Service COM 911312106 24084 349050 SH SOLE 236850 112200
Versatel Telecom Intl. COM 925301103 2086 59700 SH SOLE 59700
Viasat, Inc. COM 92552V100 1282 25700 SH SOLE 25700
Vodafone AirTouch Plc COM 92857T107 29320 592325 SH SOLE 406675 185650
VoiceStream Wireless COM 928615103 73191 514300 SH SOLE 380350 133950
Warner-Lambert COM 934488107 38175 465900 SH SOLE 314000 151900
Western Wireless Corp. COM 95988E204 47446 710800 SH SOLE 554500 156300
Yesmail.com, Inc. COM 98583Q101 338 10000 SH SOLE 10000
Young & Rubicam, Inc. COM 987425105 3615 51100 SH SOLE 51100
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