UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.D. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Quarter Ended: September 30, 2000
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institution Manager Filing this Report:
Name: Montana Board of Investments
Address: P.O. Box 200126
Helena, MT 59620-0126
13F File Number: 28-2982
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: Gayle Moon
Title: Chief Accountant
Phone: 406-444-0099
Signature, Place, and Date of Signing:
Gayle Moon Helena, Montana November 13, 2000
Report Type (Check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
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
Form 13F Information Table Entry Total: 100
Form 13F Information Table Value Total: $2,860,697
List of Other Included Managers:
None
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FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVESTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000)PRN AMT PRN CALL DISCRETN MANAGERS SOLE SHARED NONE
AT + T CORP COM 001957109 14027 477500 SH SOLE 477500
ABBOTT LABS COM 002824100 54221 1140000 SH SOLE 1140000
ALLTEL CORP COM 020039103 15656 300000 SH SOLE 300000
AMERICAN EXPRESS CO COM 025816109 48296 795000 SH SOLE 795000
AMERICAN GEN CORP COM 026351106 25756 330200 SH SOLE 330200
AMERICAN HOME PRODUCTS CORP COM 026609107 27716 490000 SH SOLE 490000
AMERICAN INTL GROUP INC COM 026874107 66383 693750 SH SOLE 693750
AMGEN INC COM 031162100 17248 247000 SH SOLE 247000
AUTOMATIC DATA PROCESSING INC COM 053015103 22824 341300 SH SOLE 341300
BANK AMER CORP COM 060505104 23073 440536 SH SOLE 440536
BANK ONE CORP COM 06423A103 24681 639000 SH SOLE 639000
BRISTOL MYERS SQUIBB CO COM 110122108 33075 579000 SH SOLE 579000
BURLINGTON RES INC COM 122014103 20317 551900 SH SOLE 551900
CVS CORP COM 126650100 62638 1352500 SH SOLE 1352500
CHASE MANHATTAN CORP NEW COM 16161A108 19399 420000 SH SOLE 420000
CHEVRON CORP COM 166751107 24723 290000 SH SOLE 290000
CISCO SYS INC COM 17275R102 63814 1155000 SH SOLE 1155000
CITIGROUP INC COM 172967101 84114 1555866 SH SOLE 1555866
COMPUTER SCIENCES CORP COM 205363104 31675 426600 SH SOLE 426600
CONAGRA INC COM 205887102 17354 865000 SH SOLE 865000
COSTCO WHSL CORP NEW COM 22160K105 33435 957000 SH SOLE 957000
DELL COMPUTER CORP COM 247025109 29580 960000 SH SOLE 960000
DISNEY WALT CO COM 254687106 19431 508000 SH SOLE 508000
DU PONT E I DE NEMOURS + CO COM 263534109 25691 620000 SH SOLE 620000
EDISON INTL COM 281020107 10236 530000 SH SOLE 530000
EMERSON ELEC CO COM 291011104 16080 240000 SH SOLE 240000
ENRON CORP COM 293561106 53977 616000 SH SOLE 616000
EXXON MOBIL CORP COM 30231G102 41439 464956 SH SOLE 464956
FIRST DATA CORP COM 319963104 19086 488600 SH SOLE 488600
FIRST UN CORP COM 337358105 20677 642400 SH SOLE 642400
FORD MTR CO DEL COM 345370860 12403 490000 SH SOLE 490000
GENERAL ELEC CO COM 369604103 89993 1560000 SH SOLE 1560000
HALLIBURTON CO COM 406216101 20064 410000 SH SOLE 410000
HEWLETT PACKARD CO COM 428236103 17460 180000 SH SOLE 180000
ILLINOIS TOOL WKS INC COM 452308109 20115 360000 SH SOLE 360000
INTEL CORP COM 458140100 88944 2140000 SH SOLE 2140000
INTERNATIONAL BUSINESS MACHS COM 459200101 76500 680000 SH SOLE 680000
JOHNSON + JOHNSON COM 478160104 57396 611000 SH SOLE 611000
KIMBERLY CLARK CORP COM 494368103 23441 420000 SH SOLE 420000
KONNKLIJKE PHILIPS ELECTRS N V COM 500472303 17638 415000 SH SOLE 415000
LUCENT TECHNOLOGIES INC COM 549463107 47678 1560000 SH SOLE 1560000
MARSH + MCLENNAN COS INC COM 571748102 28302 213200 SH SOLE 213200
MASCO CORP COM 574599106 17563 943000 SH SOLE 943000
MCDONALDS CORP COM 580135101 16331 541000 SH SOLE 541000
MERCK + CO INC COM 589331107 67664 909000 SH SOLE 909000
MICROSOFT CORP COM 594918104 85041 1410000 SH SOLE 1410000
MINNESOTA MNG + MFG CO COM 604059105 18544 203500 SH SOLE 203500
NESTLE S A COM 641069406 18445 170000 SH SOLE 170000
NEWELL RUBBERMAID INC COM 651229106 17417 763500 SH SOLE 763500
NOKIA CORP COM 654902204 77228 1939800 SH SOLE 1939800
NORTEL NETWORKS CORP COM 656568102 43362 728000 SH SOLE 728000
NOVARTIS AG COM 66987V109 21381 549996 SH SOLE 549996
ORACLE CORP COM 68389X105 27011 343000 SH SOLE 343000
PNC FINL SVCS GROUP INC COM 693475105 33800 520000 SH SOLE 520000
PHARMACIA CORP COM 71713U102 31394 521600 SH SOLE 521600
RELIANT ENERGY INC COM 75952J108 9300 200000 SH SOLE 200000
ROYAL DUTCH PETE CO COM 780257804 32294 538800 SH SOLE 538800
SBC COMMUNICATIONS INC COM 78387G103 38880 777600 SH SOLE 777600
SAFEWAY INC COM 786514208 73355 1571200 SH SOLE 1571200
SCHERING PLOUGH CORP COM 806605101 42315 910000 SH SOLE 910000
SCHLUMBERGER LTD COM 806857108 15294 185800 SH SOLE 185800
SMITHKLINE BEECHAM P L C COM 832378301 19215 280000 SH SOLE 280000
SOLECTRON CORP COM 834182107 22034 477700 SH SOLE 477700
STATE STREET SPIF ALT INV COM 861121994 3115 17569 SH SOLE 17569
SUN MICROSYSTEMS INC COM 866810104 88146 755000 SH SOLE 755000
TXU CORP COM 873168108 13373 337500 SH SOLE 337500
TARGET CORP COM 87612E106 24344 950000 SH SOLE 950000
TELLABS INC COM 879664100 44622 934500 SH SOLE 934500
TEXACO INC COM 881694103 23888 455000 SH SOLE 455000
TEXAS INSTRS INC COM 882508104 33975 720000 SH SOLE 720000
TIME WARNER INC COM 887315109 29344 375000 SH SOLE 375000
TYCO INTL LTD NEW COM 902124106 72106 1390000 SH SOLE 1390000
USX MARATHON GROUP COM 902905827 18387 648000 SH SOLE 648000
UNION PAC CORP COM 907818108 12148 312500 SH SOLE 312500
UNITED TECHNOLOGIES CORP COM 913017109 16620 240000 SH SOLE 240000
VERIZON COMMUNICATIONS COM 92343V104 46176 953308 SH SOLE 953308
WAL MART STORES INC COM 931142103 25506 530000 SH SOLE 530000
WELLS FARGO + CO NEW COM 949746101 45938 1000000 SH SOLE 1000000
WORLDCOM INC COM 98157D106 26025 856800 SH SOLE 856800
AMB PPTY CORP COM 00163T109 7369 300000 SH SOLE 300000
ARCHSTONE CMNTYS TR COM 039581103 3316 135000 SH SOLE 135000
ARDEN RLTY INC COM 039793104 7508 280000 SH SOLE 280000
BOSTON PPTYS INC COM 101121101 9446 220000 SH SOLE 220000
BOYKIN LODGING CO COM 103430104 3113 300000 SH SOLE 300000
CORNERSTONE RLTY INCOME TR INC COM 21922V102 6174 581100 SH SOLE 581100
CRESCENT REAL ESTATE EQUITIES COM 225756105 3347 150000 SH SOLE 150000
DUKE WEEKS RLTY CORP COM 264411505 8444 350000 SH SOLE 350000
EQUITY OFFICE PPTYS TR COM 294741103 6523 210000 SH SOLE 210000
EQUITY RESIDENTIAL PPTYS TR COM 29476L107 8400 175000 SH SOLE 175000
FELCOR LODGING TR INC COM 31430F101 5088 220000 SH SOLE 220000
FIRST INDL RLTY TR INC COM 32054K103 6150 200000 SH SOLE 200000
FRONTLINE CAP GROUP COM 35921N101 2992 182000 SH SOLE 182000
ISTAR FINL INC COM 45031U101 5677 253000 SH SOLE 253000
LIBERTY PROPERTY COM 531172104 8800 320000 SH SOLE 320000
MACK CA RLTY CORP COM 554489104 7329 260000 SH SOLE 260000
PRENTISS PPTYS TR COM 740706106 8883 340000 SH SOLE 340000
PUBLIC STORAGE INC COM 74460D109 2394 100000 SH SOLE 100000
RECKSON ASSOCS RLTY CORP COM 75621K106 10200 400000 SH SOLE 400000
SL GREEN RLTY CORP COM 78440X101 7016 250000 SH SOLE 250000
SPIEKER PPTYS INC COM 848497103 14391 250000 SH SOLE 250000
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