UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 2000
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: VALENZUELA CAPITAL PARTNERS, LLC
Address: 1270 Avenue of the Americas, Suite 508
New York, NY 10020
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: Fred T. Perlstadt
Title: Director Client Administration
Phone: (212) 332-8590
Signature, Place, and Date of Signing:
Fred T. Perlstadt New York, NY 8/15/2000
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: 71
Form 13F Information Table Value Total: $ 821,364
List of Other Included Managers:
NONE
<PAGE>
<TABLE>
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>
ACE Ltd com G0070K103 19477 695600 SH SOLE 550300 145300
AXA Fin/Equitable com 002451102 14897 438139 SH SOLE 351499 86640
Advanced Energy Indus com 007973100 611 10368 SH SOLE 1578 8790
Airborne Freight com 009266107 16073 848727 SH SOLE 665826 182901
Apria Healthcare Grp com 037933108 16030 1308533 SH SOLE 1026720 281813
Arrow Electronics Inc com 042735100 3286 106000 SH SOLE 83600 22400
Avery Dennison Corp com 053611109 21064 313802 SH SOLE 251249 62553
BJ's Wholesale Club com 05548J106 19698 596900 SH SOLE 472200 124700
BMC Software Inc com 055921100 11133 305139 SH SOLE 248217 56922
Bestfoods Company com 08658U101 18263 263720 SH SOLE 211408 52312
Calpine Corp com 131347106 11099 168800 SH SOLE 112600 56200
Caminus Corp com 133766105 813 33170 SH SOLE 5030 28140
Cardinal Health Inc com 14149Y108 32010 432562 SH SOLE 348523 84039
Clarent Corporation com 180461105 23676 331137 SH SOLE 259025 72112
Comverse Tech com 205862402 15581 167542 SH SOLE 135293 32249
Consolidated Stores com 210149100 24982 2081797 SH SOLE 1627352 454445
Cypress Semiconductor com 232806109 16994 402226 SH SOLE 321698 80528
Digital Lightwave Inc com 253855100 17297 172002 SH SOLE 133044 38958
Dynegy Inc com 26816Q101 22235 325488 SH SOLE 264986 60502
EChapman.com Inc com 26830Q103 677 95000 SH SOLE 63000 32000
EOG Resources Inc com 26875P101 16241 484800 SH SOLE 383100 101700
Engelhard Corp com 292845104 7692 450800 SH SOLE 355400 95400
Everest Re Group Ltd com G3223R108 1759 53495 SH SOLE 38923 14572
First American Corp com 318522307 389 27180 SH SOLE 4080 23100
Forward Air Corp com 349853101 858 21451 SH SOLE 3176 18275
Franklin Resources Inc com 354613101 19310 635730 SH SOLE 512648 123082
Fritz Companies Inc com 358846103 7143 692612 SH SOLE 390360 302252
Gen Semiconductor Inc com 370787103 506 34290 SH SOLE 5240 29050
Geon Company com 37246W105 670 36240 SH SOLE 18152 18088
Global Industries Ltd com 379336100 24315 1288212 SH SOLE 1009538 278674
Global Marine Inc com 379352404 21042 746499 SH SOLE 598182 148317
Goodrich (B F) Co com 382388106 18754 550585 SH SOLE 436085 114500
Grant Prideco Inc com 38821G101 12218 488730 SH SOLE 384318 104412
Hartford Financial Svcs com 416515104 24453 437147 SH SOLE 352331 84816
Hilb Rogal & Hamilton com 431294107 310 8929 SH SOLE 1329 7600
Houghton Mifflin Co com 441560109 35395 758116 SH SOLE 593312 164804
Investors Fin'l Services com 461915100 756 19042 SH SOLE 3504 15538
KEMET Corp com 488360108 317 12636 SH SOLE 1836 10800
KLA-Tencor Corp com 482480100 926 15811 SH SOLE 15586 225
Leggett & Platt Inc com 524660107 11835 717300 SH SOLE 567000 150300
LifePoint Hospitals com 53219L109 2364 106239 SH SOLE 73307 32932
Marshall & Ilsley Corp com 571834100 11051 266300 SH SOLE 206700 59600
MetLife Inc com 59156R108 24033 1141038 SH SOLE 915211 225827
Nat'l Semiconductor com 637640103 22399 394701 SH SOLE 314486 80215
Neuberger Berman Inc com 641234109 293 6295 SH SOLE 995 5300
New Era of Networks com 644312100 617 14522 SH SOLE 2152 12370
Noble Affiliates Inc com 654894104 396 10630 SH SOLE 1630 9000
Objective Sys Integrator com 674424106 605 56608 SH SOLE 12638 43970
Ocean Energy Inc com 67481E106 17117 1206493 SH SOLE 969703 236790
Omnicare Inc com 681904108 14556 1606171 SH SOLE 1253794 352377
Owens & Minor Inc com 690732102 701 40811 SH SOLE 6111 34700
PNC Financial Svc Grp com 693475105 22958 489775 SH SOLE 386075 103700
Pinnacle Systems Inc com 723481107 351 15596 SH SOLE 2396 13200
Praxair Inc com 74005P104 8888 237399 SH SOLE 193102 44297
Precision Castparts com 740189105 1525 33711 SH SOLE 22323 11388
Price (T Rowe) Assoc com 741477103 7761 182617 SH SOLE 182225 392
R&B Falcon Corp com 74912E101 19989 848330 SH SOLE 668330 180000
Reebok Int'l Ltd com 758110100 15949 1000749 SH SOLE 789404 211345
Rohm & Haas Company com 775371107 8786 254669 SH SOLE 207733 46936
Rowan Companies com 779382100 2163 71208 SH SOLE 49190 22018
Santa Fe Snyder Corp com 80218K105 767 67471 SH SOLE 10341 57130
Scholastic Corp com 807066105 668 10925 SH SOLE 1795 9130
Take-Two Interactive Software com 874054109 440 36300 SH SOLE 5550 30750
Triad Hospitals Inc com 89579K109 983 40622 SH SOLE 7297 33325
Universal Health Cl B com 913903100 37545 573207 SH SOLE 451903 121304
Valassis Commun com 918866104 27745 727746 SH SOLE 573442 154304
Vishay Intertechnology com 928298108 7043 185646 SH SOLE 148616 37030
Waddell & Reed Fin com 930059100 23087 703614 SH SOLE 564628 138986
Williams Companies Inc com 969457100 28130 674778 SH SOLE 543371 131407
Wit Soundview Group com 977383108 1514 141054 SH SOLE 102161 38893
ePresence/Banyan Sys com 294348107 158 21757 SH SOLE 3257 18500
</TABLE>
