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
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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 2/11/2000
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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).)
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
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Form 13F Information Table Entry Total: 151
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Form 13F Information Table Value Total: $ 1,266,798
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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>
<CAPTION>
FORM 13F INFORMATION TABLE
REPORTING MANAGER
Crabbe Huson Group, Inc. 12/31/1999
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 3,624 77,100 77,100 1 59,700 17,400
ABERCROMBIE & FITCH Common 002896207 11,310 423,800 423,800 1 330,400 93,400
ACE LTD Common G0070K103 14,707 881,300 881,300 1 683,800 197,500
ACTEL CORP Common 004934105 34,882 1,453,408 1,453,408 1 1,341,908 111,500
ADVANCED MICRO DEVICES Common 007903107 10,733 370,900 370,900 1 287,900 83,000
ALBERTSONS Common 013104104 12,049 373,600 373,600 1 294,500 79,100
ALCOA INC. Common 013817101 17,787 214,300 214,300 1 166,600 47,700
AMB PROPERTY CORP Common 00163T109 455 22,800 22,800 1 22,800 -
AMERICAN POWER CONVERSION Common 029066107 5,191 196,800 196,800 1 141,500 55,300
ARCADIA FINANCIAL LTD Common 039101100 18,239 4,110,243 4,110,243 1 3,859,343 250,900
ARCHSTONE COMMUNITIES TRUST Common 039581103 303 14,800 14,800 1 14,800 -
ASSET INVESTORS CORPORATION Common 04541W107 416 37,400 37,400 1 37,400 -
AT HOME CORP -SER A Common 045919107 7,726 180,200 180,200 1 140,100 40,100
ATLANTIC RICHFIELD Common 048825103 11,340 131,100 131,100 1 102,000 29,100
AUSPEX SYSTEMS INC. Common 052116100 29,493 2,877,378 2,877,378 1 2,668,578 208,800
BAKER HUGHES Common 057224107 7,113 337,700 337,700 1 261,600 76,100
BARR LABORATORIES IN Common 068306109 2,237 71,300 71,300 1 64,700 6,600
BECTON DICKINSON & CO Common 075887109 11,338 420,900 420,900 1 335,500 85,400
BOMBAY CO INC Common 097924104 10,565 2,347,854 2,347,854 1 2,229,154 118,700
BROOKDALE LIVING COMMUNITIES Common 112462106 203 16,400 16,400 1 16,400 -
BUDGET GROUP INC-CL A Common 119003101 9,556 1,054,400 1,054,400 1 964,600 89,800
BURLINGTON RESOURCES Common 122014103 12,018 363,500 363,500 1 285,400 78,100
BURNHAM PACIFIC PROPERTY Common 12232C108 234 25,000 25,000 1 25,000 -
CAMDEN PROPERTY TRUST Common 133131102 231 8,317 8,317 1 18,317 -
CAPITAL AUTOMOTIVE REIT Common 139733109 233 19,100 19,100 1 19,100 -
CASTLE & COOKE INC. Common 148433105 316 24,900 24,900 1 24,900 -
CATELLUS DEVELOPMENT Common 149111106 309 24,100 24,100 1 24,100 -
CATO CORP NEW CL A Common 149205106 7,846 621,436 621,436 1 587,536 33,900
CCC INFORMATION SVS GRP Common 12487q109 9,660 564,100 564,100 1 516,600 47,500
CENTURY ALUMINUM Common 156431108 25,072 1,671,490 1,671,490 1 1,566,188 105,302
CHECKPOINT SYSTEMS INC Common 162825103 17,172 1,685,635 1,685,635 1 1,558,335 127,300
CHUBB CORP Common 171232101 15,514 275,500 275,500 1 200,600 74,900
COLONIAL PROPERTIES TRUST Common 195872106 220 9,500 9,500 1 19,500 -
COLUMBIA ENERGY GROUP Common 197648108 20,120 318,100 318,100 1 247,500 70,600
COMMERCIAL ASSETS INC DEL Common 201119104 313 67,600 67,600 1 67,600 -
COMPAQ COMPUTER Common 204493100 15,266 564,100 564,100 1 408,500 155,600
CONVERGYS CORP Common 212485106 14,662 476,800 476,800 1 370,900 105,900
CORRECTIONAL PROPERTIES TRUST Common 22025E104 420 34,300 34,300 1 34,300 -
COUNTRYWIDE CR INDS Common 222372104 7,108 281,500 281,500 1 218,300 63,200
COVENTRY HEALTHCARE CORP. Common 222862104 16,308 2,416,004 2,416,004 1 2,254,904 161,100
<PAGE>
FORM 13F INFORMATION TABLE
REPORTING MANAGER
Crabbe Huson Group, Inc. 12/31/1999
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
------ --------- ------- ---------- ---------- ---------- ---------- ------- ---------
CRESCENT REAL ESTATE EQT CO Common 225756105 239 13,000 13,000 1 13,000 -
DELPHI AUTOMOTIVE SYSTEMS Common 247126105 7,191 456,600 456,600 1 356,800 99,800
DELUXE CORP Common 248019101 15,993 582,900 582,900 1 455,900 127,000
DISNEY WALT CO DEL Common 254687106 9,234 315,700 315,700 1 245,800 69,900
DUKE ENERGY CORP. Common 264399106 18,225 363,600 363,600 1 282,600 81,000
EASTMAN KODAK CO Common 277461109 7,566 114,200 114,200 1 88,500 25,700
EL PASO ENERGY CORP Common 283905107 10,483 270,100 270,100 1 210,900 59,200
EQUITY OFFICE PROPERTIES TRUST Common 294741103 15,735 639,000 639,000 1 495,800 143,200
EQUITY RESIDENTIAL PROPERTYS Common 29476L107 43 1,000 1,000 1 11,000 -
EXCEL LEGACY CORP Common 300665106 35 10,500 10,500 1 10,500 -
FEDERATED DEPT STORES Common 31410H101 14,815 293,000 293,000 1 231,500 61,500
FIDELITY NATIONAL FINL INC. Common 316326107 3,127 217,500 217,500 1 197,700 19,800
FIRST UNION CORP Common 337358105 6,937 210,600 210,600 1 163,300 47,300
FLANDERS CORP Common 338494107 6,603 2,641,200 2,641,200 1 2,421,200 220,000
FLEMING COMPANIES INC Common 339130106 14,246 1,389,861 1,389,861 1 1,286,761 103,100
FLOWERS INDUSTRIES INC Common 343496105 11,214 703,600 703,600 1 549,400 154,200
FORD MOTOR COMPANY Common 345370100 6,701 125,700 125,700 1 98,200 27,500
FOREST OIL CORP. Common 346091606 23,861 1,809,385 1,809,385 1 1,670,385 139,000
FRANCHISE FINANCE CORP OF AMER Common 351807102 304 12,700 12,700 1 12,700 -
FRONTIER AIRLINES Common 359065109 228 20,000 20,000 1 18,000 2,000
GLENBOROUGH REALITY TRUST INC. Common 37803P105 241 18,000 18,000 1 18,000 -
GLIMCHER REALTY TRUST Common 379302102 277 21,550 21,550 1 21,550 -
GRAINGER, W.W. Common 384802104 7,320 153,100 153,100 1 119,400 33,700
GREY WOLF INC Common 397888108 29,515 10,265,974 10,265,974 1 9,494,774 771,200
GST TELECOMMUNICATIONS INC. Common 361942105 2,039 225,000 225,000 1 203,900 21,100
HEALTH MGNT ASSOCIATES INC CL Common 421933102 19,042 1,423,700 1,423,700 1 1,108,600 315,100
HEALTHCARE REALTY TRUST INC Common 421946104 327 20,925 20,925 1 20,925 -
HEALTHSOUTH CORP Common 421924101 8,431 1,568,500 1,568,500 1 1,222,000 346,500
HERTZ CORP CL A Common 428040109 4,982 99,400 99,400 1 78,900 20,500
HMT TECHNOLOGY CORP Common 403917107 15,216 3,804,028 3,804,028 1 3,518,028 286,000
IBP INC Common 449223106 11,765 653,600 653,600 1 508,100 145,500
IDEXX LABORATORIES INC Common 45168D104 17,270 1,071,019 1,071,019 1 987,219 83,800
INNOVATIVE CLINICAL SOLUTION Common 45767e107 4 17,400 17,400 1 17,400 -
INPUT/OUTPUT INC. Common 457652105 10,138 2,002,568 2,002,568 1 1,835,368 167,200
ISPAT INTERNATIONAL NV Common 464899103 25,126 1,558,186 1,558,186 1 1,448,786 109,400
ITT EDUCATIONAL SERVICES Common 45068B109 5,727 371,000 371,000 1 336,600 34,400
JB HUNT Common 445658107 7,841 566,420 566,420 1 527,220 39,200
KENNEDY-WILSON INC Common 489399204 336 42,000 42,000 1 42,000 -
KILROY REALTY CORP Common 49427F108 40 1,800 1,800 1 11,800 -
LANDSTAR SYSTEM INC. Common 515098101 5,890 137,574 137,574 1 122,574 15,000
<PAGE>
FORM 13F INFORMATION TABLE
REPORTING MANAGER
Crabbe Huson Group, Inc. 12/31/1999
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
------ --------- ------- ---------- ---------- ---------- ---------- ------- ---------
LIZ CLAIBORNE INC. Common 539320101 8,138 216,300 216,300 1 171,300 45,000
LOCKHEED MARTIN CORPORATION Common 539830109 35 1,600 1,600 1 11,600 -
LONGVIEW FIBRE CO Common 543213102 18,958 1,330,379 1,330,379 1 1,242,079 88,300
LYONDELL CHEMICAL CO. Common 552078107 3,840 301,197 301,197 1 232,332 68,865
MAIL-WELL INC COM Common 560321200 14,031 1,039,300 1,039,300 1 957,400 81,900
MARINE DRILLING CO INC Common 568240204 6,186 275,721 275,721 1 254,521 21,200
MATTEL INC Common 577081102 9,059 690,200 690,200 1 530,600 159,600
MCDERMOTT INTL INC Common 580037109 8,838 975,200 975,200 1 761,900 213,300
MEDIAONE GROUP INC Common 58440J104 21,242 276,550 276,550 1 215,150 61,400
MENTOR GRAPHICS CORP Common 587200106 29,705 2,252,537 2,252,537 1 2,084,137 168,400
MGIC INVESTMENT CORP Common 552848103 10,593 176,000 176,000 1 136,800 39,200
MID ATLANTIC MEDICAL SVC Common 59523C107 23,098 2,778,757 2,778,757 1 2,569,657 209,100
NABORS INDUSTRIES INC Common 629568106 15,710 507,800 507,800 1 394,000 113,800
NEWBRIDGE NETWORKS Common 650901101 8,592 380,800 380,800 1 297,100 83,700
NUEVO ENERGY CO Common 670509108 15,051 802,733 802,733 1 745,633 57,100
OAKLEY INC Common 673662102 12,609 2,266,770 2,266,770 1 2,094,670 172,100
ORACLE CORP Common 68389X105 9,133 81,500 81,500 1 63,200 18,300
OREGON STEEL MILLS INC Common 686079104 7,278 916,881 916,881 1 862,581 54,300
OUTBACK STEAKHOUSE Common 689899102 31 1,200 1,200 1 11,200 -
OWENS-ILLINOIS INC Common 690768403 11,401 454,900 454,900 1 359,500 95,400
P G & E CORP Common 69331C108 2,638 128,700 128,700 1 100,200 28,500
PACTIV CORPORATION Common 695257105 11,341 1,067,400 1,067,400 1 772,300 295,100
PAN PACIFIC RETAIL PPTYS INC Common 69806L104 305 18,700 18,700 1 18,700 -
PEOPLESOFT INC Common 712713106 12,106 568,000 568,000 1 446,500 121,500
PEPSICO INC Common 713448108 10,487 297,500 297,500 1 234,300 63,200
PHILLIP MORRIS COMPANIES INC Common 718154107 10,182 442,700 442,700 1 343,400 99,300
PHILLIPS VAN HEUSEN Common 718592108 18,331 2,205,189 2,205,189 1 2,036,989 168,200
PICTURETEL CORP. Common 720035302 8,934 2,071,564 2,071,564 1 1,899,764 171,800
PRECISION RESPONSE CORP Common 740314109 18,576 766,023 766,023 1 701,623 64,400
PRIME RETAIL Common 741570105 197 35,100 35,100 1 35,100 -
PROLOGIS TRUST Common 743410102 287 14,900 14,900 1 14,900 -
PUBLIC STORAGE INC. Common 74460D109 767 33,800 33,800 1 33,800 -
RAYOVAC CORP Common 755081106 8,494 450,000 450,000 1 406,300 43,700
RISK CAPITAL HOLDINGS INC Common 767711104 10,225 809,887 809,887 1 774,287 35,600
SAFECO CORP Common 786429100 100 4,000 4,000 1 14,000 -
SAFETY-KLEEN CORP Common 78648R203 13,496 1,193,035 1,193,035 1 1,083,285 109,750
SANTE FE SNYDER CORP Common 80218K105 21,181 2,647,619 2,647,619 1 2,434,754 212,865
SARA LEE CORP Common 803111103 14,588 661,200 661,200 1 514,100 147,100
SCHLUMBERGER LTD Common 806857108 14,216 253,300 253,300 1 196,500 56,800
SEAGATE TECHNOLOGY INC Common 811804103 7,227 155,200 155,200 1 120,500 34,700
<PAGE>
FORM 13F INFORMATION TABLE
REPORTING MANAGER
Crabbe Huson Group, Inc. 12/31/1999
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
------ --------- ------- ---------- ---------- ---------- ---------- ------- ---------
SENSORMATIC ELECTRONICS Common 817265101 20,923 1,199,885 1,199,885 1 1,113,485 86,400
SILICON GRAPHICS INC Common 827056102 15,322 1,581,600 1,581,600 1 1,200,900 380,700
SILVERLEAF RESORTS INC. Common 828395103 291 40,800 40,800 1 40,800 -
SIMON PROPERTY GROUP INC Common 828806109 361 15,740 15,740 1 15,740 -
SMITH INTERNATIONAL INC Common 832110100 10,618 213,700 213,700 1 168,200 45,500
SPIEKER PROPERTIES Common 848497103 492 13,500 13,500 1 (503,800) 517,300
STANCORP FINACIAL GROUP Common 852891100 7,871 312,500 312,500 1 286,900 25,600
STORAGE TECHNOLOGY CORP Common 862111200 9,399 509,800 509,800 1 395,000 114,800
SUMMIT PROPERTIES INC Common 866239106 36 2,000 2,000 1 12,000 -
SUNRISE ASSISTED LIVING Common 86768K106 421 30,600 30,600 1 30,600 -
TAUBMAN CENTERS INC. Common 876664103 201 18,700 18,700 1 18,700 -
TENET HEALTHCARE CORP Common 88033G100 23,075 981,900 981,900 1 763,300 218,600
TOM BROWN, INC Common 115660201 8,550 639,220 639,220 1 587,320 51,900
TRAMMELL CROW CO Common 89288R106 357 30,700 30,700 1 30,700 -
TRANSOCEAN SEDCO FOREX INC Common G90078109 1,652 49,028 49,028 1 38,032 10,996
TRIZEC HAHN CORPORATION Common 896938107 314 18,600 18,600 1 18,600 -
TYCO INTERNATIONAL LTD Common 902124106 10,858 278,400 278,400 1 215,500 62,900
UCAR INTERNATIONAL INC Common 90262K109 5,344 300,000 300,000 1 272,700 27,300
UNION PACIFIC RESOURCES Common 907834105 6,911 542,000 542,000 1 420,300 121,700
UNITEDHEALTH GROUP Common 910581107 18,031 339,400 339,400 1 263,400 76,000
US BANCORP Common 902973106 7,253 304,600 304,600 1 237,000 67,600
VYSIS INC Common 928961101 1,681 463,814 463,814 1 463,814 -
WABASH NATIONAL CORP Common 929566107 14,372 958,101 958,101 1 889,401 68,700
WARNACO GROUP-CL A Common 934390105 8,533 693,000 693,000 1 633,400 59,600
WASHINGTON MUTUAL INC Common 939322103 98 3,800 3,800 1 13,800 -
WATSON PHARMACEUTICALS INC Common 942683103 17,505 488,800 488,800 1 379,900 108,900
WEBLINK WIRELESS (fka Pagemart Common 94769A101 17,723 1,143,400 1,143,400 1 1,059,700 83,700
WELLMAN INC Common 949702104 7,027 377,300 377,300 1 347,500 29,800
WELLPOINT HEALTH NETWORKS Common 94973H108 10,761 163,200 163,200 1 127,100 36,100
WESTERN GAS RES Common 958259103 12,224 926,918 926,918 1 857,418 69,500
YELLOW CORPORATION Common 985509108 13,773 819,200 819,200 1 757,600 61,600
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