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:
-----
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: 028-03481
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 4/26/2000
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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: 153
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Form 13F Information Table Value Total: $ 1,326,512
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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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<TABLE>
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FORM 13F INFORMATION TABLE
REPORTING MANAGER
Crabbe Huson Group, Inc. 3/31/2000
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>
ABERCROMBIE & FITCH Common 002896207 9,552 597000 597,000 1 467,800 129200
ACE LTD Common G0070K103 18,579 812200 812,200 1 614,700 197500
ACTEL CORP Common 004934105 18,736 525008 525,008 1 478,208 46800
ADVANCED MICRO DEVICES Common 007903107 11,504 201600 201,600 1 154,400 47200
ALASKA AIRGROUP INC Common 011659109 6,388 212500 212,500 1 192,300 20200
ALBERTSONS Common 013104104 10,213 330800 330,800 1 251,700 79100
ALCOA INC. Common 013817101 14,029 199700 199,700 1 152,000 47700
AMB PROPERTY CORP Common 00163T109 512 23800 23,800 1 23,800
AMERICAN POWER CONVERSION Common 029066107 8,099 188900 188,900 1 133,600 55300
ANCHOR GAMING Common 033037102 4,556 120100 120,100 1 107,700 12400
ARCADIA FINANCIAL LTD Common 039101100 17,857 3571343 3,571,343 1 3,327,643 243700
ARCHSTONE COMMUNITIES TRUST Common 039581103 317 15900 15,900 1 15,900
ASSET INVESTORS CORPORATION Common 04541W107 247 23000 23,000 1 23,000
AT HOME CORP -SER A Common 045919107 5,474 166200 166,200 1 126,100 40100
ATLANTIC RICHFIELD Common 048825103 10,277 120900 120,900 1 91,800 29100
AUSPEX SYSTEMS INC. Common 052116100 24,929 2266278 2,266,278 1 2,085,278 181000
BAKER HUGHES Common 057224107 19,221 635400 635,400 1 484,900 150500
BARR LABORATORIES IN Common 068306109 7,972 189800 189,800 1 171,300 18500
BECTON DICKINSON & CO Common 075887109 9,509 361400 361,400 1 276,000 85400
BOMBAY CO INC Common 097924104 4,556 1375354 1,375,354 1 1,287,554 87800
BOSTON PROPERTIES INC. Common 101121101 302 9500 9,500 1 19,500
BRE PROPERTIES CL A Common 05564e106 279 10800 10,800 1 10,800
BRITISH AIRWAYS-SPONS ADR Common 110419306 9,820 182700 182,700 1 140,200 42500
BUDGET GROUP INC-CL A Common 119003101 4,811 974400 974,400 1 880,000 94400
BURLINGTON RESOURCES Common 122014103 12,306 332600 332,600 1 254,500 78100
CAMDEN PROPERTY TRUST Common 133131102 225 8317 8,317 1 18,317
CAPITAL AUTOMOTIVE REIT Common 139733109 274 22800 22,800 1 22,800
CARNIVAL CORP Common 143658102 6,873 277000 277,000 1 210,300 66700
CASTLE & COOKE INC. Common 148433105 340 20200 20,200 1 20,200
CATELLUS DEVELOPMENT Common 149111106 334 24100 24,100 1 24,100
CCC INFORMATION SVS GRP Common 12487q109 4,513 209900 209,900 1 187,700 22200
CENTURY ALUMINUM Common 156431108 18,302 1331090 1,331,090 1 1,218,988 112102
CHECKPOINT SYSTEMS INC Common 162825103 13,375 1597035 1,597,035 1 1,457,535 139500
CHELSEA GCA REALTY INC Common 163262108 232 8000 8,000 1 18,000
CHUBB CORP Common 171232101 13,884 205500 205,500 1 157,800 47700
COLONIAL PROPERTIES TRUST Common 195872106 226 9500 9,500 1 19,500
COLUMBIA ENERGY GROUP Common 197648108 12,283 207300 207,300 1 158,500 48800
COMMERCIAL ASSETS INC DEL Common 201119104 271 55600 55,600 1 55,600
COMPAQ COMPUTER Common 204493100 12,639 468100 468,100 1 359,000 109100
CONVERGYS CORP Common 212485106 11,525 297900 297,900 1 227,100 70800
COOPER TIRE & RUBBER Common 216831107 6,505 517800 517,800 1 468,300 49500
<PAGE>
FORM 13F INFORMATION TABLE
REPORTING MANAGER
Crabbe Huson Group, Inc. 3/31/2000
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
------ --------- ------- ---------- ---------- ---------- ---------- ------- ---------
CHELSEA GCA REALTY INC Common 163262108 232 8000 8,000 1 18,000
CHUBB CORP Common 171232101 13,884 205500 205,500 1 157,800 47700
COLONIAL PROPERTIES TRUST Common 195872106 226 9500 9,500 1 19,500
COLUMBIA ENERGY GROUP Common 197648108 12,283 207300 207,300 1 158,500 48800
COMMERCIAL ASSETS INC DEL Common 201119104 271 55600 55,600 1 55,600
COMPAQ COMPUTER Common 204493100 12,639 468100 468,100 1 359,000 109100
CONVERGYS CORP Common 212485106 11,525 297900 297,900 1 227,100 70800
COOPER TIRE & RUBBER Common 216831107 6,505 517800 517,800 1 468,300 49500
CORRECTIONAL PROPERTIES TRUST Common 22025E104 325 28300 28,300 1 28,300
COUNTRYWIDE CR INDS Common 222372104 9,200 337600 337,600 1 258,500 79100
COVENTRY HEALTHCARE CORP. Common 222862104 18,202 2141404 2,141,404 1 1,985,004 156400
CROWN AMERICAN RE TRUST Common 228186102 97 18300 18,300 1 18,300
DALEEN TECHNOLOGIES INC Common 23437n104 7,365 358200 358,200 1 324,200 34000
DARDEN RESTAURANTS INC Common 237194105 16,322 916300 916,300 1 698,000 218300
DELPHI AUTOMOTIVE SYSTEMS Common 247126105 7,024 439000 439,000 1 337,900 101100
DELUXE CORP Common 248019101 15,137 571200 571,200 1 435,500 135700
DUKE ENERGY CORP. Common 264399106 18,034 343500 343,500 1 262,500 81000
E.SPIRE COMMUNICATIONS INC Common 269153102 5,767 820200 820,200 1 741,500 78700
EASTMAN KODAK CO Common 277461109 16,446 302800 302,800 1 231,200 71600
EL PASO ENERGY CORP Common 283905107 10,138 251100 251,100 1 191,900 59200
EQUITY OFFICE PROPERTIES TRUST Common 294741103 14,105 561400 561,400 1 418,200 143200
EQUITY RESIDENTIAL PROPERTYS Common 29476L107 40 1000 1,000 1 11,000
EXCEL LEGACY CORP Common 300665106 35 10500 10,500 1 10,500
FEDERATED DEPT STORES Common 31410H101 13,972 330700 330,700 1 253,800 76900
FIDELITY NATIONAL FINL INC. Common 316326107 8,459 612400 612,400 1 554,500 57900
FIRST UNION CORP Common 337358105 11,603 311500 311,500 1 237,800 73700
FLANDERS CORP Common 338494107 9,299 2479700 2,479,700 1 2,256,200 223500
FLEMING COMPANIES INC Common 339130106 18,809 1248761 1,248,761 1 1,145,661 103100
FORD MOTOR COMPANY Common 345370100 13,712 298500 298,500 1 228,000 70500
FOREST OIL CORP. Common 346091606 15,136 1424585 1,424,585 1 1,305,885 118700
FRANCHISE FINANCE CORP OF AMER Common 351807102 226 9700 9,700 1 19,700
FRITZ COMPANIES INC Common 358846103 7,253 716300 716,300 1 648,300 68000
FRONTIER AIRLINES Common 359065109 6,942 584600 584,600 1 528,100 56500
GLIMCHER REALTY TRUST Common 379302102 232 17150 17,150 1 17,150
GOLF TRUST OF AMER Common 38168B103 196 11900 11,900 1 11,900
GOODRICH (B.F.) CO Common 382388106 8,236 287100 287,100 1 219,300 67800
GRAINGER, W.W. Common 384802104 7,031 129600 129,600 1 98,900 30700
GREY WOLF INC Common 397888108 29,927 7600474 7,600,474 1 6,956,774 643700
HEALTH MGNT ASSOCIATES INC CL Common 421933102 18,639 1308000 1,308,000 1 1,000,100 307900
HEALTHCARE REALTY TRUST INC Common 421946104 233 13925 13,925 1 13,925
HEALTHSOUTH CORP Common 421924101 8,292 1457900 1,457,900 1 1,111,400 346500
<PAGE>
FORM 13F INFORMATION TABLE
REPORTING MANAGER
Crabbe Huson Group, Inc. 3/31/2000
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
------ --------- ------- ---------- ---------- ---------- ---------- ------- ---------
GREY WOLF INC Common 397888108 29,927 7600474 7,600,474 1 6,956,774 643700
HEALTH MGNT ASSOCIATES INC CL Common 421933102 18,639 1308000 1,308,000 1 1,000,100 307900
HEALTHCARE REALTY TRUST INC Common 421946104 233 13925 13,925 1 13,925
HEALTHSOUTH CORP Common 421924101 8,292 1457900 1,457,900 1 1,111,400 346500
HERTZ CORP CL A Common 428040109 12,443 365300 365,300 1 278,800 86500
HMT TECHNOLOGY CORP Common 403917107 10,893 3288428 3,288,428 1 3,010,728 277700
HOLLYWOOD ENTERTAINMENT CORP Common 436141105 7,692 954000 954,000 1 862,900 91100
IBP INC Common 449223106 14,162 899200 899,200 1 683,800 215400
IDEXX LABORATORIES INC Common 45168D104 12,198 523219 523,219 1 475,619 47600
INPUT/OUTPUT INC. Common 457652105 10,474 1709968 1,709,968 1 1,547,668 162300
ISPAT INTERNATIONAL NV Common 464899103 21,281 1430686 1,430,686 1 1,316,486 114200
ITT EDUCATIONAL SERVICES Common 45068B109 7,243 452700 452,700 1 409,300 43400
JB HUNT Common 445658107 6,958 508320 508,320 1 465,720 42600
JDN REALTY CORP Common 465917102 197 19000 19,000 1 19,000
KEEBLER FOODS CO Common 487256109 8,030 279900 279,900 1 213,800 66100
KENNEDY-WILSON INC Common 489399204 159 28600 28,600 1 28,600
KILROY REALTY CORP Common 49427F108 249 11800 11,800 1 11,800
LIZ CLAIBORNE INC. Common 539320101 8,384 183000 183,000 1 140,600 42400
LONGVIEW FIBRE CO Common 543213102 17,548 1189679 1,189,679 1 1,103,979 85700
LUCENT TECHNOLOGIES INC Common 549463107 11,748 191800 191,800 1 146,000 45800
LYONDELL CHEMICAL CO. Common 552078107 69 4687 4,687 1 14,687
MAIL-WELL INC COM Common 560321200 11,967 1377500 1,377,500 1 1,250,100 127400
MCDERMOTT INTL INC Common 580037109 8,231 895900 895,900 1 682,600 213300
MEDIAONE GROUP INC Common 58440J104 19,047 235150 235,150 1 179,650 55500
MENTOR GRAPHICS CORP Common 587200106 19,947 1318837 1,318,837 1 1,203,537 115300
MGIC INVESTMENT CORP Common 552848103 7,063 161900 161,900 1 122,700 39200
MID ATLANTIC MEDICAL SVC Common 59523C107 21,865 2363757 2,363,757 1 2,160,457 203300
NABORS INDUSTRIES INC Common 629568106 8,737 225100 225,100 1 172,400 52700
NUEVO ENERGY CO Common 670509108 14,907 693333 693,333 1 637,933 55400
OAKLEY INC Common 673662102 21,395 2013670 2,013,670 1 1,841,270 172400
OMNICARE INC Common 681904108 6,691 554700 554,700 1 501,600 53100
OREGON STEEL MILLS INC Common 686079104 3,130 807681 807,681 1 750,181 57500
OUTBACK STEAKHOUSE Common 689899102 38 1200 1,200 1 11,200
P G & E CORP Common 69331C108 2,512 119600 119,600 1 91,100 28500
PAN PACIFIC RETAIL PPTYS INC Common 69806L104 197 10700 10,700 1 10,700
PEOPLESOFT INC Common 712713106 8,480 424000 424,000 1 322,200 101800
PHILLIP MORRIS COMPANIES INC Common 718154107 10,085 477400 477,400 1 365,300 112100
PHILLIPS VAN HEUSEN Common 718592108 14,990 1949889 1,949,889 1 1,783,389 166500
PICTURETEL CORP. Common 720035302 18,702 2137364 2,137,364 1 1,945,664 191700
PRECISION RESPONSE CORP Common 740314109 3,907 161123 161,123 1 145,623 15500
PROLOGIS TRUST Common 743410102 318 16500 16,500 1 16,500
<PAGE>
FORM 13F INFORMATION TABLE
REPORTING MANAGER
Crabbe Huson Group, Inc. 3/31/2000
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
------ --------- ------- ---------- ---------- ---------- ---------- ------- ---------
PUBLIC STORAGE INC. Common 74460D109 758 36100 36,100 1 36,100
QUANTUM CORP-HARD DISK DRIVE Common 747906303 80 7100 7,100 1 17,100
RAYOVAC CORP Common 755081106 12,920 555700 555,700 1 502,700 53000
REGIS CORP Common 758932107 4,779 322600 322,600 1 291,700 30900
RISK CAPITAL HOLDINGS INC Common 767711104 13,413 819087 819,087 1 761,387 57700
SAFECO CORP Common 786429100 106 4000 4,000 1 14,000
SAFETY-KLEEN CORP Common 78648R203 1,554 1184310 1,184,310 1 1,077,385 106925
SANTE FE SNYDER CORP Common 80218K105 19,950 2100039 2,100,039 1 1,915,884 184155
SARA LEE CORP Common 803111103 10,901 605600 605,600 1 458,500 147100
SCHLUMBERGER LTD Common 806857108 12,439 162600 162,600 1 124,100 38500
SEAGATE TECHNOLOGY INC Common 811804103 6,107 98900 98,900 1 75,500 23400
SENSORMATIC ELECTRONICS Common 817265101 21,650 964885 964,885 1 880,985 83900
SILICON GRAPHICS INC Common 827056102 15,722 1488500 1,488,500 1 1,134,400 354100
SILVERLEAF RESORTS INC. Common 828395103 156 39100 39,100 1 39,100
SIMON PROPERTY GROUP INC Common 828806109 274 11740 11,740 1 11,740
SITEL CORP Common 82980k107 4,816 700500 700,500 1 633,000 67500
SMITH INTERNATIONAL INC Common 832110100 5,053 65200 65,200 1 50,100 15100
STANCORP FINACIAL GROUP Common 852891100 16,587 605928 605,928 1 549,828 56100
STARWOOD HOTELS & RESORTS WORL Common 85590A203 180 7000 7,000 1 17,000
SUMMIT PROPERTIES INC Common 866239106 38 2000 2,000 1 12,000
TAUBMAN CENTERS INC. Common 876664103 216 19400 19,400 1 19,400
TENET HEALTHCARE CORP Common 88033G100 21,048 905300 905,300 1 686,700 218600
TOM BROWN, INC Common 115660201 9,090 494720 494,720 1 448,820 45900
TRAMMELL CROW CO Common 89288R106 404 36500 36,500 1 36,500
TRIZEC HAHN CORPORATION Common 896938107 405 27000 27,000 1 27,000
TYCO INTERNATIONAL LTD Common 902124106 13,103 261400 261,400 1 198,500 62900
UCAR INTERNATIONAL INC Common 90262K109 3,917 297000 297,000 1 267,000 30000
UNION PACIFIC RESOURCES Common 907834105 7,914 545800 545,800 1 412,300 133500
UNITEDHEALTH GROUP INC. Common 910581107 22,216 372600 372,600 1 281,700 90900
UNOVA INC Common 91529b106 3,872 286800 286,800 1 258,700 28100
US BANCORP Common 902973106 9,826 449200 449,200 1 334,200 115000
VORNADO REALTY TRUST Common 929042109 231 6900 6,900 1 16,900
VYSIS INC Common 928961101 2,639 263914 263,914 1 263,914
WABASH NATIONAL CORP Common 929566107 11,880 833701 833,701 1 767,101 66600
WARNACO GROUP-CL A Common 934390105 7,255 614200 614,200 1 556,300 57900
WASHINGTON MUTUAL INC Common 939322103 101 3800 3,800 1 13,800
WATSON PHARMACEUTICALS INC Common 942683103 17,998 453500 453,500 1 344,600 108900
WEBLINK WIRELESS (fka Pagemart Common 94769A101 6,578 491800 491,800 1 448,100 43700
WELLMAN INC Common 949702104 6,883 347400 347,400 1 318,400 29000
WELLPOINT HEALTH NETWORKS Common 94973H108 10,663 152600 152,600 1 116,500 36100
WESTERN GAS RES Common 958259103 8,203 516718 516,718 1 467,118 49600
YELLOW CORPORATION Common 985509108 14,370 779400 779,400 1 719,600 59800
1,326,512
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