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:
-----
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Crabbe Huson Group, Inc.
Address: 121 SW Morrison, Suite 1400
Portland, OR 97204
13F File Number: 28- (File number not yet assigned; first filing)
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: Thomas F. Biesiadecki
Title: Compliance Officer
Phone: 503-417-3538
Signature, Place, and Date of Signing:
/s/Thomas F. Biesiadecki Portland, Oregon 10/27/1999
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[Signature] [City, State] [Date]
Report Type (Check only one.):
[XX] 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).)
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
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Form 13F Information Table Entry Total: 139
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Form 13F Information Table Value Total: $ 1,360,514
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(thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column headings
and list entries.]
No. 13F File Number Name
1 28-33 Liberty Mutual Insurance Co.
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FORM 13F INFORMATION TABLE
REPORTING MANAGER
Crabbe Huson Group, Inc. 9/30/1999
Item 2 Item 3 Item 4 Item 5 Item 6(B) Item 7 Item 8
------ --------- -------- --------- ---------- ----------- ----------------------------
Class CUSIP FMV SHRS Shared Other (A) (B) (C)
($000) Defined Managers Sole Shared None
------ --------- ------- --------- ---------- ---------- ------- ------- ---------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
3COM CORP Common 885535104 9,312 323,900 323,900 1 260,200 63,700
ACE LTD Common G0070K103 12,041 710,900 710,900 1 528,600 182,300
ACTEL CORP Common 004934105 31,320 1,648,408 1,648,408 1 1,434,008 214,400
ADVANCED MICRO DEVICES Common 007903107 9,900 576,000 576,000 1 429,300 146,700
ALCOA INC. Common 013817101 14,839 239,100 239,100 1 191,400 47,700
AMB PROPERTY CORP Common 00163T109 468 22,100 22,100 1 22,100 0
AMERICAN ELECTRIC POWER Common 025537101 11,271 330,300 330,300 1 252,600 77,700
AMERICAN POWER CONVERSION Common 029066107 9,589 504,700 504,700 1 402,200 102,500
ARCADIA FINANCIAL LTD Common 039101100 18,872 4,376,043 4,376,043 1 3,899,943 476,100
ARCHSTONE COMMUNITIES TRUST Common 039581103 308 15,600 15,600 1 15,600 0
ASSET INVESTORS CORPORATION Common 04541W107 439 33,000 33,000 1 33,000 0
AT HOME CORP -SER A Common 045919107 8,830 213,100 213,100 1 170,200 42,900
ATLANTIC RICHFIELD Common 048825103 13,524 152,600 152,600 1 122,400 30,200
AUSPEX SYSTEMS INC. Common 052116100 27,493 3,097,778 3,097,778 1 2,730,678 367,100
BERKSHIRE REALTY COMPANY Common 084710102 350 29,200 29,200 1 29,200 0
BOMBAY CO INC Common 097924104 13,506 2,667,754 2,667,754 1 2,319,554 348,200
BRANDYWINE REALTY TRUST Common 105368203 278 17,100 17,100 1 17,100 0
BROOKDALE LIVING COMMUNITIES Common 112462106 394 27,400 27,400 1 27,400 0
BUDGET GROUP INC-CL A Common 119003101 5,929 839,500 839,500 1 730,000 109,500
BURLINGTON RESOURCES Common 122014103 14,042 382,100 382,100 1 304,000 78,100
CAMDEN PROPERTY TRUST Common 133131102 291 10,817 10,817 1 10,817 0
CAPITAL AUTOMOTIVE REIT Common 139733109 236 19,100 19,100 1 19,100 0
CAREMATRIX CORPORATION Common 141706101 72 13,800 13,800 1 13,800 0
CASTLE & COOKE INC. Common 148433105 223 14,500 14,500 1 14,500 0
CATELLUS DEVELOPMENT Common 149111106 275 23,400 23,400 1 23,400 0
CATO CORP NEW CL A Common 149205106 12,490 886,236 886,236 1 805,736 80,500
CBRL GROUP INC Common 12489v106 7,035 453,900 453,900 1 337,000 116,900
CCC INFORMATION SVS GRP Common 12487q109 8,167 619,300 619,300 1 535,700 83,600
CENTURY ALUMINUM Common 156431108 20,022 1,862,490 1,862,490 1 1,713,188 149,302
CHECKPOINT SYSTEMS INC Common 162825103 17,009 1,826,435 1,826,435 1 1,605,235 221,200
CHUBB CORP Common 171232101 18,580 374,400 374,400 1 299,500 74,900
COLUMBIA ENERGY GROUP Common 197648108 13,888 250,800 250,800 1 200,600 50,200
COMMERCIAL ASSETS INC DEL Common 201119104 348 67,100 67,100 1 67,100 0
COMPAQ COMPUTER Common 204493100 17,968 785,500 785,500 1 629,900 155,600
CONVERGYS CORP Common 212485106 10,734 541,800 541,800 1 431,200 110,600
CORRECTIONAL PROPERTIES TRUST Common 22025E104 396 28,700 28,700 1 28,700 0
COVENTRY HEALTHCARE CORP. Common 222862104 21,961 2,311,704 2,311,704 1 2,075,804 235,900
CRESCENT REAL ESTATE EQT CO Common 225756105 189 10,500 10,500 1 10,500 0
DELPHI AUTOMOTIVE SYSTEMS Common 247126105 8,073 502,600 502,600 1 402,800 99,800
DELUXE CORP Common 248019101 21,634 636,300 636,300 1 509,300 127,000
<PAGE>
FORM 13F INFORMATION TABLE
REPORTING MANAGER
Crabbe Huson Group, Inc. 9/30/1999
Item 2 Item 3 Item 4 Item 5 Item 6(B) Item 7 Item 8
------ --------- -------- --------- ---------- ----------- ----------------------------
Class CUSIP FMV SHRS Shared Other (A) (B) (C)
($000) Defined Managers Sole Shared None
------ --------- ------- --------- ---------- ---------- ------- ------- ---------
DOLE FOOD COMPANY Common 256605106 6,848 360,400 360,400 1 270,900 89,500
DUKE ENERGY CORP. Common 264399106 14,525 263,500 263,500 1 210,200 53,300
EQUITY OFFICE PROPERTIES TRUST Common 294741103 16,447 707,400 707,400 1 564,200 143,200
EXCEL LEGACY CORP Common 300665106 44 10,500 10,500 1 -51,000 61,500
FEDERATED DEPT STORES Common 31410H101 13,617 311,700 311,700 1 311,700 0
FELCOR LODGING TRUST Common 31430F101 249 14,200 14,200 1 14,200 0
FLANDERS CORP Common 338494107 7,506 2,893,800 2,893,800 1 2,502,500 391,300
FLEMING COMPANIES INC Common 339130106 18,375 1,872,561 1,872,561 1 1,671,861 200,700
FLOWERS INDUSTRIES INC Common 343496105 10,191 751,400 751,400 1 597,200 154,200
FORD MOTOR COMPANY Common 345370100 7,457 148,400 148,400 1 117,500 30,900
FOREST OIL CORP. Common 346091606 32,690 1,915,885 1,915,885 1 1,676,085 239,800
FRANCHISE FINANCE CORP OF AMER Common 351807102 304 13,000 13,000 1 13,000 0
GLENBOROUGH REALITY TRUST INC. Common 37803P105 396 24,000 24,000 1 24,000 0
GLIMCHER REALTY TRUST Common 379302102 317 21,550 21,550 1 21,550 0
GRAINGER, W.W. Common 384802104 4,725 98,300 98,300 1 77,900 20,400
GREY WOLF INC Common 397888108 33,58711,195,674 11,195,674 1 9,839,374 1,356,300
HEALTH MGNT ASSOCIATES INC CL Common 421933102 7,886 1,017,500 1,017,500 1 756,700 260,800
HEALTHCARE REALTY TRUST INC Common 421946104 368 19,625 19,625 1 19,625 0
HEALTHSOUTH CORP Common 421924101 6,208 1,013,500 1,013,500 1 753,000 260,500
HERSHEY FOODS CORP Common 427866108 2,692 55,300 55,300 1 21,000 34,300
HEWLETT-PACKARD Common 428236103 10,944 120,600 120,600 1 95,900 24,700
HMT TECHNOLOGY CORP Common 403917107 13,954 3,986,828 3,986,828 1 3,508,828 478,000
HUMANA INC Common 444859102 4,936 718,000 718,000 1 532,400 185,600
IBP INC Common 449223106 12,559 508,700 508,700 1 406,400 102,300
IDEXX LABORATORIES INC Common 45168D104 17,937 1,041,719 1,041,719 1 881,219 160,500
INNOVATIVE CLINICAL SOLUTION Common 45767e107 1,717 2,289,011 2,289,011 1 2,008,211 280,800
INPUT/OUTPUT INC. Common 457652105 12,211 1,843,168 1,843,168 1 1,603,268 239,900
INTEGRATED HEALTH SERV Common 45812C106 3,984 2,549,789 2,549,789 1 2,219,289 330,500
ISPAT INTERNATIONAL NV Common 464899103 19,433 1,861,886 1,861,886 1 1,702,086 159,800
JB HUNT Common 445658107 8,285 597,120 597,120 1 541,220 55,900
KENNEDY-WILSON INC Common 489399204 373 40,100 40,100 1 40,100 0
LANDSTAR SYSTEM INC. Common 515098101 6,337 182,374 182,374 1 153,374 29,000
LIZ CLAIBORNE INC. Common 539320101 7,096 228,900 228,900 1 183,900 45,000
LOCKHEED MARTIN CORPORATION Common 539830109 9,564 292,600 292,600 1 217,700 74,900
LONGVIEW FIBRE CO Common 543213102 14,573 1,171,679 1,171,679 1 1,016,279 155,400
<PAGE>
FORM 13F INFORMATION TABLE
REPORTING MANAGER
Crabbe Huson Group, Inc. 9/30/1999
Item 2 Item 3 Item 4 Item 5 Item 6(B) Item 7 Item 8
------ --------- -------- --------- ---------- ----------- ----------------------------
Class CUSIP FMV SHRS Shared Other (A) (B) (C)
($000) Defined Managers Sole Shared None
------ --------- ------- --------- ---------- ---------- ------- ------- ---------
LYONDELL CHEMICAL CO. Common 552078107 3,742 279,758 279,758 1 210,893 68,865
MAIL-WELL INC COM Common 560321200 13,305 958,900 958,900 1 827,800 131,100
MARINE DRILLING CO INC Common 568240204 14,745 932,521 932,521 1 829,421 103,100
MATTEL INC Common 577081102 9,454 497,600 497,600 1 390,100 107,500
MCDERMOTT INTL INC Common 580037109 13,035 643,700 643,700 1 495,100 148,600
MEDIAONE GROUP INC Common 58440J104 24,200 354,250 354,250 1 283,050 71,200
MEDITRUST CORP-PAIRED STOCK Common 58501T306 378 44,500 44,500 1 44,500 0
MENTOR GRAPHICS CORP Common 587200106 20,139 2,352,037 2,352,037 1 2,067,737 284,300
MGIC INVESTMENT CORP Common 552848103 13,895 291,000 291,000 1 231,900 59,100
MID ATLANTIC MEDICAL SVC Common 59523C107 26,422 2,956,357 2,956,357 1 2,589,857 366,500
NABORS INDUSTRIES INC Common 629568106 20,933 837,300 837,300 1 666,900 170,400
NEW PLAN EXCEL REALTY TRUST Common 648053106 53 3,000 3,000 1 3,000 0
NORTHROP GRUMMAN CORP Common 666807102 14,829 233,300 233,300 1 186,500 46,800
NUEVO ENERGY CO Common 670509108 13,376 775,433 775,433 1 689,233 86,200
OAKLEY INC Common 673662102 15,155 2,449,270 2,449,270 1 2,150,770 298,500
ORACLE CORP Common 68389X105 10,110 222,200 222,200 1 178,400 43,800
OREGON STEEL MILLS INC Common 686079104 8,283 740,381 740,381 1 716,781 23,600
OWENS-ILLINOIS INC Common 690768403 7,572 382,200 382,200 1 286,800 95,400
PACIFICARE HEALTH SYSTEMS Common 695112102 4,822 111,500 111,500 1 83,000 28,500
PAGEMART WIRELESS INC-CL A Common 69553J104 5,958 993,000 993,000 1 851,900 141,100
PAN PACIFIC RETAIL PPTYS INC Common 69806L104 299 17,500 17,500 1 17,500 0
PEOPLESOFT INC Common 712713106 10,276 606,700 606,700 1 485,200 121,500
PEPSICO INC Common 713448108 9,647 316,300 316,300 1 253,100 63,200
PHILLIP MORRIS COMPANIES INC Common 718154107 2,848 83,300 83,300 1 66,200 17,100
PHILLIPS VAN HEUSEN Common 718592108 20,248 2,281,489 2,281,489 1 1,979,889 301,600
PICTURETEL CORP. Common 720035302 10,568 2,486,564 2,486,564 1 2,145,364 341,200
PRECISION RESPONSE CORP Common 740314109 24,710 2,017,123 2,017,123 1 1,742,023 275,100
PRIME RETAIL Common 741570105 259 35,100 35,100 1 35,100 0
PRISON REALTY TRUST INC Common 74264n105 284 26,437 26,437 1 26,437 0
PROLOGIS TRUST Common 743410102 262 13,900 13,900 1 13,900 0
PUBLIC STORAGE INC. Common 74460D109 733 29,100 29,100 1 29,100 0
RAYOVAC CORP Common 755081106 2,424 112,100 112,100 1 93,600 18,500
REGENCY REALTY CORP Common 758939102 38 1,800 1,800 1 1,800 0
RISK CAPITAL HOLDINGS INC Common 767711104 13,965 893,787 893,787 1 823,587 70,200
SAFECO CORP Common 786429100 8,677 309,900 309,900 1 246,900 63,000
SAFETY-KLEEN CORP Common 78648R203 17,408 1,443,160 1,443,160 1 1,230,510 212,650
SANTE FE SNYDER CORP Common 80218K105 18,158 2,017,609 2,017,609 1 1,780,014 237,595
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FORM 13F INFORMATION TABLE
REPORTING MANAGER
Crabbe Huson Group, Inc. 9/30/1999
Item 2 Item 3 Item 4 Item 5 Item 6(B) Item 7 Item 8
------ --------- -------- --------- ---------- ----------- ----------------------------
Class CUSIP FMV SHRS Shared Other (A) (B) (C)
($000) Defined Managers Sole Shared None
------ --------- ------- --------- ---------- ---------- ------- ------- ---------
SARA LEE CORP Common 803111103 18,027 771,200 771,200 1 618,500 152,700
SCHLUMBERGER LTD Common 806857108 19,784 317,500 317,500 1 255,000 62,500
SEAGATE TECHNOLOGY INC Common 811804103 7,417 242,200 242,200 1 193,300 48,900
SECURITY CAPITAL GROUP-B Common 81413P204 79 5,400 5,400 1 5,400 0
SENSORMATIC ELECTRONICS Common 817265101 24,838 1,957,685 1,957,685 1 1,683,985 273,700
SILICON GRAPHICS INC Common 827056102 20,931 1,913,650 1,913,650 1 1,527,250 386,400
SILVERLEAF RESORTS INC. Common 828395103 230 36,800 36,800 1 36,800 0
SIMON PROPERTY GROUP INC Common 828806109 353 15,740 15,740 1 15,740 0
SMITH INTERNATIONAL INC Common 832110100 9,412 232,400 232,400 1 186,900 45,500
SONAT INC Common 835415100 12,311 310,200 310,200 1 249,000 61,200
STANCORP FINACIAL GROUP Common 852891100 6,898 308,300 308,300 1 267,700 40,600
STORAGE TECHNOLOGY CORP Common 862111200 10,796 559,000 559,000 1 444,200 114,800
SUNSTONE HOTEL INVS COM Common 867933103 325 37,100 37,100 1 37,100 0
TAHERA CORP Common 873786107 350 5,722,827 5,722,827 1 5,205,527 517,300
TENET HEALTHCARE CORP Common 88033G100 18,367 1,045,800 1,045,800 1 775,000 270,800
TENNECO INC NEW Common 88037E101 9,836 578,600 578,600 1 432,200 146,400
TOM BROWN, INC Common 115660201 8,833 598,820 598,820 1 524,320 74,500
TRAMMELL CROW CO Common 89288R106 407 30,700 30,700 1 30,700 0
TRIZEC HAHN CORPORATION Common 896938107 352 18,600 18,600 1 18,600 0
UNION PACIFIC RESOURCES Common 907834105 15,558 957,400 957,400 1 766,500 190,900
UNITEDHEALTH GROUP Common 910581107 12,737 261,600 261,600 1 209,100 52,500
VYSIS INC Common 928961101 1,565 463,814 463,814 1 463,814 0
WABASH NATIONAL CORP Common 929566107 20,666 1,017,401 1,017,401 1 927,301 90,100
WATSON PHARMACEUTICALS INC Common 942683103 12,757 417,400 417,400 1 308,500 108,900
WELLMAN INC Common 949702104 5,838 323,200 323,200 1 270,800 52,400
WESTERN GAS RES Common 958259103 13,493 722,018 722,018 1 684,818 37,200
YELLOW CORPORATION Common 985509108 16,513 997,000 997,000 1 875,200 121,800
139 1,360,514
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