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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, 1999
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: Banco Santander Central Hispano, S.A.
Address: New York Branch
45 East 53rd Street
New York, NY 10022
Form 13F File Number: 28-04177
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: Gonzalo de las Heras
Title: Executive Vice President, Banco Santander Central Hispano, S.A.
Phone: 212-350-3444
Signature, Place, and Date of Signing:
/s/ Gonzalo de las Heras New York, NY December 13, 1999
------------------------ ------------- -------------------------
[Signature] [City, State] [Date]
Report Type (Check only one.):
[X] 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).)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name
28-________________ __________________________
[Repeat as necessary.]
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 2
Form 13F Information Table Entry Total: 256
Form 13F Information Table Value Total: $1,008,096
---------------------
(thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 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. Form 13F File Number Name
1 28-__________________ BCH Gestion, S.A. S.G.I.I.C
2 28-__________________ Banco Santander Trust & Banking Corporation Limited
-
[Repeat as necessary.]
<PAGE>
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, 1999
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: BCH Gestion, S.A. S.G.I.I.C.
Address: C/ Juan Esplandiu, 11- 3(a) pl. .
28007 MADRID, SPAIN
Form 13F File Number: 28-______________
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: Gustavo A. Suarez Cuesta
Title: C E O
Phone: 91-557-2043
Signature, Place, and Date of Signing:
/s/ Gustavo A. Suarez Cuesta Madrid, Spain December 13, 1999
---------------------------- ------------- ---------------------
[Signature] [City, State] [Date]
Report Type (Check only one.):
[ ] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
[X] 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).)
List of Other Managers Reporting for this Manager:
Form 13F File Number Name
28-04177 Banco Santander Central Hispano, S.A.
<PAGE>
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, 1999
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: Banco Santander Trust & Banking Corporation Limited
Address: Bahamas Financial Centre, Charlotte & Suirley Street
Nassau, Bahamas
----------------------------------
Form 13F File Number: 28-______________
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: Jose Lozada
Title: Vice President and General Manager
Phone: 242-302-2859
Signature, Place, and Date of Signing:
/s/ Jose Lozada Nassau, Bahamas December 13, 1999
------------------------ --------------- ---------------------
[Signature] [City, State] [Date]
Report Type (Check only one.):
[ ] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
[X] 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 holding for this
reporting manager are reported in this report and a portion are reported
by other reporting manager(s).)
List of Other Managers Reporting for this Manager:
Form 13F File Number Name
28-04177 Banco Santander Central Hispano, S.A.
<PAGE>
FORM 13F INFORMATION TABLE
<TABLE>
Column 1: Column 2: Column 3: Column 4: Column 5: Column 6: Column 7: Column 8:
Name of Issuer Title of Class CUSIP Fair Market -------------------- Investment Other Voting
Number Value Shares of discretion Managers Authority
(x$1000) Principal Sh/ Put/ (Shares)
Amount Prn Call ----------------
(a) (b) (c)
Sole Shared None
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AT&T CORP COM 001957109 6,850 122,729 Sh Shared-Defined X
AT&T CORP COM 001957109 4,018 72,000 Sh Shared-Defined 1 X
ABBOTT LABS COM 002824100 349 7,700 Sh Shared-Defined 1 X
ABBOTT LABS COM 002824100 281 6,200 Sh Shared-Defined X
ADOBE SYS INC COM 00724F101 320 3,900 Sh Shared-Defined X
ADOBE SYS INC COM 00724F101 329 4,000 Sh Shared-Defined 1 X
ADVANCED MICRO DEVICES INC COM 007903107 181 10,000 Sh Shared-Defined 1 X
ALCOA INC COM 013817101 248 4,000 Sh Shared-Defined X
ALLERGAN INC COM 018490102 444 4,000 Sh Shared-Defined 1 X
ALLSTATE CORP COM 020002101 384 10,700 Sh Shared-Defined X
ALZA CORP DEL COM 022615108 204 4,000 Sh Shared-Defined 1 X
AMERICA ONLINE INC DEL COM 02364J104 23,605 214,592 Sh Shared-Defined 1 X
AMERICA ONLINE INC DEL COM 02364J104 7,640 69,461 Sh Shared-Defined X
AMERICAN EXPRESS CO COM 025816109 673 5,175 Sh Shared-Defined X
AMERICAN INTL GROUP INC COM 026874107 2,362 20,141 Sh Shared-Defined X
AMERITECH CORP NEW COM 030954101 228 3,100 Sh Shared-Defined X
ANHEUSER BUSCH COS INC COM 035229103 766 10,800 Sh Shared-Defined X
APPLIED MATLS INC COM 038222105 1,266 17,138 Sh Shared-Defined X
APPLIED MATLS INC COM 038222105 259 3,500 Sh Shared-Defined 1 X
ARACRUZ CELULOSE S A SPNSR ADR CL B 038496204 2,728 124,000 Sh Shared-Defined X
AT HOME CORP COM SER A 045919107 501 9,285 Sh Shared-Defined X
AVNET INC COM 053807103 205 4,400 Sh Shared-Defined X
BMC SOFTWARE INC COM 055921100 216 4,000 Sh Shared-Defined X
BANCO BILBAO VIZCAYA INTL GIBR SPNS ADR GTD E 059456400 1,332 53,000 Sh Shared-Defined
BANCO FRANCES DEL RIO DE LA PL SPONSORED ADR 059591107 648 34,111 Sh Shared-Defined X
BANCO RIO DE LA PLATA SA SPONS ADR CL B 059644104 1,347 141,720 Sh Shared-Defined x
BANCO RIO DE LA PLATA SA SPONS ADR CL B 059644104 166,135 17,487,900 Sh Shared-Defined 2 X
BANCO SANTANDER P R SAN JUAN COM 059646109 231 12,800 Sh Shared-Defined X
BANCO SANTANDER P R SAN JUAN COM 059646109 2,153 119,200 Sh Shared-Defined 2 X
BANCO SANTANDER CHILE SPON ADR SER A 05965F108 278,954 17,997,027 Sh Shared-Defined 2 X
BANCOLOMBIA S A SPNS ADR 4PREF 05968L102 764 160,750 Sh Shared-Defined X
BANK OF AMERICA CORPORATION COM 060505104 1,475 20,126 Sh Shared-Defined X
BANK OF AMERICA CORPORATION COM 060505104 5,198 70,900 Sh Shared-Defined 1 X
BANK ONE CORP COM 06423A103 1,296 21,766 Sh Shared-Defined X
BARD C R INC COM 067383109 354 7,400 Sh Shared-Defined 1 X
BECKMAN COULTER INC COM 075811109 1,293 26,600 Sh Shared-Defined 1 X
BECTON DICKINSON & CO COM 075887109 715 23,837 Sh Shared-Defined X
BELL ATLANTIC CORP COM 077853109 405 6,200 Sh Shared-Defined X
BELLSOUTH CORP COM 079860102 1,024 22,200 Sh Shared-Defined X
BEST BUY INC COM 086516101 250 3,700 Sh Shared-Defined X
BOEING CO COM 097023105 1,143 25,968 Sh Shared-Defined X
BOISE CASCADE OFFICE PRODS COM 097403109 179 15,200 Sh Shared-Defined 1 X
BRISTOL MYERS SQUIBB CO COM 110122108 1,550 22,000 Sh Shared-Defined 1 X
<PAGE>
Column 1: Column 2: Column 3: Column 4: Column 5: Column 6: Column 7: Column 8:
Name of Issuer Title of Class CUSIP Fair Market -------------------- Investment Other Voting
Number Value Shares of discretion Managers Authority
(x$1000) Principal Sh/ Put/ (Shares)
Amount Prn Call ----------------
(a) (b) (c)
Sole Shared None
CBS CORP COM 12490K107 1,307 30,000 Sh Shared-Defined 1 X
CD RADIO INC COM 125127100 427 14,000 Sh Shared-Defined X
CIGNA CORP COM 125509109 525 5,900 Sh Shared-Defined X
CNET INC COM 125945105 461 8,000 Sh Shared-Defined 1 X
CVS CORP COM 126650100 4,501 88,693 Sh Shared-Defined 1 X
CALPINE CORP COM 131347106 448 8,300 Sh Shared-Defined X
CANADIAN PAC LTD NEW COM 135923100 941 39,500 Sh Shared-Defined 1 X
CARDIODYNAMICS INTL CORP COM 141597104 455 165,521 Sh Shared-Defined X
CARNIVAL CORP COM 143658102 393 8,100 Sh Shared-Defined X
CASE CORP COM 14743R103 5,703 118,500 Sh Shared-Defined 1 X
CENTOCOR INC COM 152342101 466 10,000 Sh Shared-Defined 1 X
CHASE MANHATTAN CORP NEW COM 16161A108 2,028 23,447 Sh Shared-Defined X
CIENA CORP COM 171779101 302 10,000 Sh Shared-Defined 1 X
CISCO SYS INC COM 17275R102 5,675 88,074 Sh Shared-Defined X
CITIGROUP INC COM 172967101 1,671 35,159 Sh Shared-Defined X
CITIGROUP INC COM 172967101 1,933 40,700 Sh Shared-Defined 1 X
COCA COLA CO COM 191216100 310 5,000 Sh Shared-Defined 1 X
COCA COLA CO COM 191216100 459 7,400 Sh Shared-Defined X
COCA COLA CO COM 191216100 4,048 65,282 Sh Shared-Defined X
COLGATE PALMOLIVE CO COM 194162103 956 9,711 Sh Shared-Defined X
COLGATE PALMOLIVE CO COM 194162103 5,564 56,485 Sh Shared-Defined 1 X
COMPANHIA BRASILEIRA DE DISTRB ADR 20440T201 1,204 64,450 Sh Shared-Defined X
COMPANHIA CERVEJARIA BRAHMA SPONSD ADR PFD 20440X103 1,810 160,000 Sh Shared-Defined X
COMPANHIA PARANAENSE ENERG COP SPONS ADR PFD 20441B407 1,989 237,504 Sh Shared-Defined X
COMPANIA ANONIMA NACIONL TEL SPN ADR 7D SHS 204421101 1,390 51,000 Sh Shared-Defined X
COMPANIA DE MINAS BUENAVENTURA SPNS ADR SER B 204448104 479 31,300 Sh Shared-Defined X
COMPANIA DE TELECOMUNICS CHILE SPNSRD ADR NEW 204449300 15,746 636,197 Sh Shared-Defined X
COMPAQ COMPUTER CORP COM 204493100 2,071 87,419 Sh Shared-Defined X
COMPUWARE CORP COM 205638109 312 9,800 Sh Shared-Defined 1 X
DELTA AIR LINES INC DEL COM 247361108 265 4,600 Sh Shared-Defined X
DESC S A DE C V SPONSRD ADR C 250309101 1,203 53,162 Sh Shared-Defined X
DISTRIBUCION Y SERVICIO D&S SA SPONSORED ADR 254753106 1,781 48,810 Sh Shared-Defined X
DOUBLECLICK INC COM 258609304 294 3,200 Sh Shared-Defined 1 X
DOW CHEM CO COM 260543103 520 4,100 Sh Shared-Defined X
DRUG EMPORIUM INC COM 262175102 363 50,000 Sh Shared-Defined X
DU PONT E I DE NEMOURS & CO COM 263534109 342 5,000 Sh Shared-Defined X
EG & G INC COM 268457108 1,318 37,000 Sh Shared-Defined 1 X
E M C CORP MASS COM 268648102 220 4,000 Sh Shared-Defined X
E M C CORP MASS COM 268648102 550 10,000 Sh Shared-Defined 1 X
EBAY INC COM 278642103 484 3,200 Sh Shared-Defined X
EBAY INC COM 278642103 1,817 12,000 Sh Shared-Defined 1 X
EDWARDS AG INC COM 281760108 226 7,000 Sh Shared-Defined 1 X
ELECTRONIC DATA SYS NEW COM 285661104 283 5,000 Sh Shared-Defined 1 X
EMBOTELLADORA ANDINA S A SPONS ADR A 29081P204 416 20,800 Sh Shared-Defined X
EMPRESAS ICA SOCIEDAD CONTRLAD SPONSORED ADR 292448107 1,283 190,000 Sh Shared-Defined X
EMPRESA NACIONAL DE ELCTRCIDAD SPONSORED ADR 29244T101 1,745 145,406 Sh Shared-Defined X
<PAGE>
Column 1: Column 2: Column 3: Column 4: Column 5: Column 6: Column 7: Column 8:
Name of Issuer Title of Class CUSIP Fair Market -------------------- Investment Other Voting
Number Value Shares of discretion Managers Authority
(x$1000) Principal Sh/ Put/ (Shares)
Amount Prn Call ----------------
(a) (b) (c)
Sole Shared None
ENDESA S A SPONSORED ADR 29258N107 793 37,330 Sh Shared-Defined X
ENERSIS S A SPONSORED ADR 29274F104 2,328 101,753 Sh Shared-Defined X
EXXON CORP COM 302290101 1,273 16,500 Sh Shared-Defined X
FDX CORP COM 31304N107 380 7,000 Sh Shared-Defined 1 X
FDX CORP COM 31304N107 1,334 24,592 Sh Shared-Defined X
FEDERAL NATL MTG ASSN COM 313586109 1,190 17,434 Sh Shared-Defined X
FIRST UN CORP COM 337358105 29,543 626,900 Sh Shared-Defined 2 X
FLEET FINL GROUP INC NEW COM 338915101 364 8,200 Sh Shared-Defined X
FLUOR CORP COM 343861100 227 5,600 Sh Shared-Defined X
FOMENTO ECONOMICO MEXICANO SA SPND ADR FEMSA 344419106 658 16,500 Sh Shared-Defined X
FORD MTR CO DEL COM 345370100 1,181 20,925 Sh Shared-Defined X
GTE CORP COM 362320103 513 6,800 Sh Shared-Defined X
GTE CORP COM 362320103 755 10,000 Sh Shared-Defined 1 X
GANNETT INC COM 364730101 407 5,700 Sh Shared-Defined 1 X
GAP INC DEL COM 364760108 1,714 34,008 Sh Shared-Defined X
GARTNER GROUP INC NEW COM 366651107 205 10,000 Sh Shared-Defined 1 X
GATEWAY INC COM 367626108 201 3,400 Sh Shared-Defined 1 X
GENER S A SPONSORED ADR 368731105 861 48,513 Sh Shared-Defined X
GENERAL ELEC CO COM 369604103 5,589 49,456 Sh Shared-Defined X
GENERAL ELEC CO COM 369604103 452 4,000 Sh Shared-Defined 1 X
GENERAL MTRS CORP COM 370442105 343 5,200 Sh Shared-Defined X
GEORGIA PAC CORP COM GA PAC GRP 373298108 450 9,500 Sh Shared-Defined X
GILLETTE CO COM 375766102 275 6,700 Sh Shared-Defined X
GRUPO IMSA S A DE C V SPONS ADR 3B2C 40048T106 459 28,700 Sh Shared-Defined X
GRUPO TELEVISA SA DE CV SPN ADR REPORD 40049J206 14,584 325,448 Sh Shared-Defined X
HAMBRECHT & QUIST GROUP INC COM 406545103 612 16,600 Sh Shared-Defined 1 X
HEALTHCARE RECOVERIES INC COM 42220K101 48 10,000 Sh Shared-Defined 1 X
HEWLETT PACKARD CO COM 428236103 1,666 16,580 Sh Shared-Defined 1 X
HEWLETT PACKARD CO COM 428236103 1,548 15,400 Sh Shared-Defined X
HOME DEPOT INC COM 437076102 1,067 16,565 Sh Shared-Defined X
HOMESTAKE MNG CO COM 437614100 1,323 161,540 Sh Shared-Defined X
INTEL CORP COM 458140100 3,678 61,816 Sh Shared-Defined X
INTEL CORP COM 458140100 238 4,000 Sh Shared-Defined 1 X
INTERNATIONAL BUSINESS MACHS COM 459200101 10,118 78,285 Sh Shared-Defined X
INTERNATIONAL BUSINESS MACHS COM 459200101 22,826 176,600 Sh Shared-Defined 1 X
INTRAWARE INC COM 46118M103 240 10,000 Sh Shared-Defined 1 X
INTUIT COM 461202103 541 6,000 Sh Shared-Defined 1 X
JOHNSON & JOHNSON COM 478160104 5,283 53,911 Sh Shared-Defined X
JOHNSON & JOHNSON COM 478160104 3,034 30,960 Sh Shared-Defined 1 X
JUST FOR FEET INC COM 48213P106 322 50,000 Sh Shared-Defined 2 x
KIMBERLY CLARK CORP COM 494368103 285 5,000 Sh Shared-Defined X
KOREA FD COM 500634100 943 63,400 Sh Shared-Defined X
LANDS END INC COM 515086106 385 8,000 Sh Shared-Defined 1 X
LIGAND PHARMACEUTICALS INC CL B 53220K207 556 50,000 Sh Shared-Defined 1 X
LILLY ELI & CO COM 532457108 997 13,919 Sh Shared-Defined X
LOCKHEED MARTIN CORP COM 539830109 204 5,475 Sh Shared-Defined X
<PAGE>
Column 1: Column 2: Column 3: Column 4: Column 5: Column 6: Column 7: Column 8:
Name of Issuer Title of Class CUSIP Fair Market -------------------- Investment Other Voting
Number Value Shares of discretion Managers Authority
(x$1000) Principal Sh/ Put/ (Shares)
Amount Prn Call ----------------
(a) (b) (c)
Sole Shared None
LOEWS CORP COM 540424108 491 6,200 Sh Shared-Defined X
LUCENT TECHNOLOGIES INC COM 549463107 3,827 56,750 Sh Shared-Defined X
LUCENT TECHNOLOGIES INC COM 549463107 223 3,300 Sh Shared-Defined 1 X
LUXOTTICA GROUP S P A SPONSORED ADR 55068R202 1,692 108,750 Sh Shared-Defined 1 X
MCI WORLDCOM INC COM 55268B106 10,181 118,300 Sh Shared-Defined 1 X
MCI WORLDCOM INC COM 55268B106 1,575 18,300 Sh Shared-Defined X
MALLINCKRODT INC NEW COM 561232109 429 11,800 Sh Shared-Defined X
MARKETWATCH COM INC COM 570619106 236 4,000 Sh Shared-Defined 1 X
MARSH & MCLENNAN COS INC COM 571748102 1,529 20,200 Sh Shared-Defined 1 X
MASISA S A SPONSORED ADR 574799102 569 54,200 Sh Shared-Defined X
MEDIAONE GROUP INC COM 58440J104 223 3,000 Sh Shared-Defined 1 X
MEDTRONIC INC COM 585055106 4,673 60,000 Sh Shared-Defined 1 X
MELLON BK CORP COM 585509102 309 8,496 Sh Shared-Defined X
MELLON BK CORP COM 585509102 3,387 93,100 Sh Shared-Defined 1 X
MERCK & CO INC COM 589331107 3,225 43,810 Sh Shared-Defined X
MERCK & CO INC COM 589331107 2,687 36,500 Sh Shared-Defined 1 X
MERCURY GENL CORP NEW COM 589400100 340 10,000 Sh Shared-Defined 1 X
MERRILL LYNCH & CO INC COM 590188108 4,129 51,942 Sh Shared-Defined X
MERRILL LYNCH & CO INC COM 590188108 15,304 192,500 Sh Shared-Defined 1 X
MICROSOFT CORP COM 594918104 8,874 98,400 Sh Shared-Defined 1 X
MICROSOFT CORP COM 594918104 8,374 92,854 Sh Shared-Defined X
MOBIL CORP COM 607059102 869 8,800 Sh Shared-Defined X
MORGAN J P & CO INC COM 616880100 337 2,400 Sh Shared-Defined X
MORGAN STANLEY DEAN WITTER&CO COM NEW 617446448 554 5,400 Sh Shared-Defined X
MOTOROLA INC COM 620076109 12,697 134,000 Sh Shared-Defined 1 X
MOTOROLA INC COM 620076109 654 6,900 Sh Shared-Defined X
NETMANAGE INC COM 641144100 216 100,000 Sh Shared-Defined 1 X
NETWORK APPLIANCE INC COM 64120L104 1,397 25,000 Sh Shared-Defined 1 X
NORTHWEST AIRLS CORP CL A 667280101 1,007 30,984 Sh Shared-Defined X
NOVELLUS SYS INC COM 670008101 683 10,000 Sh Shared-Defined 1 X
OFFICE DEPOT INC COM 676220106 2,101 95,250 Sh Shared-Defined 1 X
OPTICAL SECURITY GROUP INC COM NEW 683848204 341 105,000 Sh Shared-Defined X
OPTICAL SECURITY GROUP INC COM NEW 683848204 341 105,000 Sh Shared-Defined 1 X
ORACLE CORP COM 68389X105 252 6,800 Sh Shared-Defined X
ORACLE CORP COM 68389X105 743 20,000 Sh Shared-Defined 1 X
PECO ENERGY CO COM 693304107 289 6,900 Sh Shared-Defined X
PAIRGAIN TECHNOLOGIES INC COM 695934109 1,150 100,000 Sh Shared-Defined 1 X
PEPSICO INC COM 713448108 972 25,112 Sh Shared-Defined X
PHARMACIA & UPJOHN INC COM 716941109 318 5,600 Sh Shared-Defined X
PFIZER INC COM 717081103 4,498 41,268 Sh Shared-Defined X
PFIZER INC COM 717081103 1,319 12,100 Sh Shared-Defined 1 X
PHARMACOPEIA INC COM 71713B104 124 11,000 Sh Shared-Defined 1 X
PHILIP MORRIS COS INC COM 718154107 1,758 43,757 Sh Shared-Defined X
PORTUGAL TELECOM S A SPONSORED ADR 737273102 453 11,000 Sh Shared-Defined x
PROCTER & GAMBLE CO COM 742718109 2,021 22,640 Sh Shared-Defined X
PROFIT RECOVERY GROUP INTL INC COM 743168106 378 8,000 Sh Shared-Defined 1 X
<PAGE>
Column 1: Column 2: Column 3: Column 4: Column 5: Column 6: Column 7: Column 8:
Name of Issuer Title of Class CUSIP Fair Market -------------------- Investment Other Voting
Number Value Shares of discretion Managers Authority
(x$1000) Principal Sh/ Put/ (Shares)
Amount Prn Call ----------------
(a) (b) (c)
Sole Shared None
QWEST COMMUNICATIONS INTL INC COM 749121109 376 11,374 Sh Shared-Defined X
QWEST COMMUNICATIONS INTL INC COM 749121109 4,906 148,400 Sh Shared-Defined 1 X
R O C TAIWAN FD SH BEN INT 749651105 822 102,000 Sh Shared-Defined X
RAMBUS INC DEL COM 750917106 922 10,000 Sh Shared-Defined 1 X
RALSTON PURINA CO COM RAL-PUR GP 751277302 710 23,337 Sh Shared-Defined X
ROCKWELL INTL CORP NEW COM 773903109 529 8,700 Sh Shared-Defined X
ROYAL DUTCH PETE CO NY REG GLD1.25 780257804 355 5,900 Sh Shared-Defined X
SBC COMMUNICATIONS INC COM 78387G103 858 14,800 Sh Shared-Defined X
SBC COMMUNICATIONS INC COM 78387G103 1,276 22,000 Sh Shared-Defined 1 X
SPDR TR UNIT SER 1 78462F103 486 3,550 Sh Shared-Defined X
SPDR TR UNIT SER 1 78462F103 617 4,500 Sh Shared-Defined 1 X
SAFECO CORP COM 786429100 397 9,000 Sh Shared-Defined X
SAFEWAY INC COM NEW 786514208 1,171 23,661 Sh Shared-Defined X
SARA LEE CORP COM 803111103 214 9,450 Sh Shared-Defined X
SAVIA S A DE C V SPON ADR REP A 805175106 549 24,000 Sh Shared-Defined X
SCHERING PLOUGH CORP COM 806605101 10,602 201,940 Sh Shared-Defined 1 X
SCHERING PLOUGH CORP COM 806605101 305 5,800 Sh Shared-Defined X
SCHWAB CHARLES CORP NEW COM 808513105 4,878 44,750 Sh Shared-Defined 1 X
SCHWAB CHARLES CORP NEW COM 808513105 545 5,000 Sh Shared-Defined X
SERVICEMASTER CO COM 81760N109 797 42,500 Sh Shared-Defined 1 X
SIEBEL SYS INC COM 826170102 663 10,000 Sh Shared-Defined 1 X
SOCIEDAD QUIMICA MINERA DE CHI SPON ADR SER B 833635105 537 15,200 Sh Shared-Defined X
SPRINT CORP COM FON GROUP 852061100 590 11,138 Sh Shared-Defined X
SPRINT CORP PCS COM SER 1 852061506 218 3,827 Sh Shared-Defined X
STAPLES INC COM 855030102 278 9,000 Sh Shared-Defined X
SUN MICROSYSTEMS INC COM 866810104 654 9,500 Sh Shared-Defined 1 X
SUN MICROSYSTEMS INC COM 866810104 2,807 40,753 Sh Shared-Defined X
SYLVAN LEARNING SYS INC COM 871399101 16,232 597,060 Sh Shared-Defined 1 X
SYLVAN LEARNING SYS INC COM 871399101 1,977 72,701 Sh Shared-Defined X
TELE NORTE LESTE PART S A SPONS ADR PFD 879246106 3,096 166,751 Sh Shared-Defined X
TELECOMM ARGENTINA STET-FRANCE SPNS ADR REP B 879273209 4,152 155,220 Sh Shared-Defined X
TELECOMUNICACOES BRASILEIRAS S SPONSORED ADR 879287308 20,793 231,027 Sh Shared-Defined X
TELECOMUNICACOES BRASILEIRAS SP ADR TELEBRS 87928R106 1,708 20,000 Sh Shared-Defined X
TELEFONICA DE ARGENTINA S A SPNSR ADR CL B 879378206 4,348 142,091 Sh Shared-Defined X
TELEFONICA S A SPONSORED ADR 879382208 706 4,800 Sh Shared-Defined X
TELEFONICA DEL PERU S A SPONS ADR CL B 879384105 2,540 167,905 Sh Shared-Defined X
TELEFONOS DE MEXICO S A SPNS ADR ORD L 879403780 25,521 315,801 Sh Shared-Defined X
TELESP PARTICIPACOES S A SPONS ADR PFD 87952K100 3,246 141,913 Sh Shared-Defined X
TEXACO INC COM 881694103 1,055 16,908 Sh Shared-Defined X
TEXAS INSTRS INC COM 882508104 288 2,000 Sh Shared-Defined X
TEXAS INSTRS INC COM 882508104 864 6,000 Sh Shared-Defined 1 X
3COM CORP COM 885535104 552 20,700 Sh Shared-Defined 1 X
TIME WARNER INC COM 887315109 363 5,000 Sh Shared-Defined 1 X
TIME WARNER INC COM 887315109 1,817 25,022 Sh Shared-Defined X
TRANSAMERICA CORP COM 893485102 1,890 25,200 Sh Shared-Defined 1 X
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Column 1: Column 2: Column 3: Column 4: Column 5: Column 6: Column 7: Column 8:
Name of Issuer Title of Class CUSIP Fair Market -------------------- Investment Other Voting
Number Value Shares of discretion Managers Authority
(x$1000) Principal Sh/ Put/ (Shares)
Amount Prn Call ----------------
(a) (b) (c)
Sole Shared None
TRANSPORTADORA DE GAS SUR SPONSR ADR B 893870204 1,399 149,100 Sh Shared-Defined X
TUBOS DE ACERO DE MEXICO S A ADR NEW 898592506 549 50,500 Sh Shared-Defined X
TYCO INTL LTD NEW COM 902124106 256 2,700 Sh Shared-Defined X
TYCO INTL LTD NEW COM 902124106 805 53,200 Sh Shared-Defined X
UAL CORP COM PAR $0.01 902549500 381 5,900 Sh Shared-Defined X
USA NETWORKS INC COM 902984103 241 6,000 Sh Shared-Defined 1 X
UNITED HEALTHCARE CORP COM 910581107 1,253 20,000 Sh Shared-Defined 1 X
U S WEST INC NEW COM 91273H101 341 5,800 Sh Shared-Defined X
UNITED TECHNOLOGIES CORP COM 913017109 1,584 22,000 Sh Shared-Defined 1 X
UNITED TECHNOLOGIES CORP COM 913017109 836 11,600 Sh Shared-Defined X
VENATOR GROUP INC COM 922944103 2,244 215,000 Sh Shared-Defined 1 X
VINA CONCHA Y TORO S A SPONSORED ADR 927191106 1,710 47,500 Sh Shared-Defined X
VISX INC DEL COM 92844S105 222 2,800 Sh Shared-Defined X
WEBS INDEX FD INC MALAYSIA WEBS 92923H871 103 15,000 Sh Shared-Defined X
WEBS INDEX FD INC JAPAN WEBS 92923H889 328 26,250 Sh Shared-Defined X
WAL MART STORES INC COM 931142103 3,207 66,471 Sh Shared-Defined X
WARNER LAMBERT CO COM 934488107 671 9,702 Sh Shared-Defined 1 X
WARNER LAMBERT CO COM 934488107 8,552 37,010 Sh Shared-Defined X
WASHINGTON POST CO CL B 939640108 1,156 2,150 Sh Shared-Defined 1 X
WATSON PHARMACEUTICALS INC COM 942683103 912 26,000 Sh Shared-Defined 1 X
WEYERHAEUSER CO COM 962166104 1,767 25,700 Sh Shared-Defined 1 X
WRIGLEY WM JR CO COM 982526105 5,708 64,000 Sh Shared-Defined 1 X
XEROX CORP COM 984121103 1,414 25,345 Sh Shared-Defined X
XEROX CORP COM 984121103 8,369 141,700 Sh Shared-Defined 1 X
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 4,495 118,300 Sh Shared-Defined X
YAHOO INC COM 984332106 2,067 12,000 Sh Shared-Defined 1 X
YAHOO INC COM 984332106 547 3,175 Sh Shared-Defined X
ZIFF-DAVIS INC COM ZD 989511100 243 16,000 Sh Shared-Defined 1 X
HILFIGER TOMMY CORP ORD G8915Z102 733 10,000 Sh Shared-Defined 1 X
TEEKAY SHIPPING CORP COM V89564104 864 49,000 Sh Shared-Defined 1 X
Total 1,008,096
</TABLE>
