United States Securities and Exchange Commission
Washington, DC 20549
Form 13F
Form 13F Cover Page
Report for the calendar year or quarter ended 03/31/00
Institutional Investment Manager filing this report:
Name: Ambs Investment Counsel, LLC
Address:1231 E. Beltline, NE, Suite 170
Grand Rapids, MI 49505
Form 13F File Number: 028-03412
Person signing this report on behalf of reporting Manager:
Barbara J. DeMoor
Title: President & Chief Operating Officer
Phone: (616) 949-8160
Signature, Place & Date of Signing:
Grand Rapids, MI 05/01/00
[x] 13F Holdings report
Form 13F File Number Name:
028-03412
<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>
ADC Telecommunications, Inc. COM 000886101 7708 143075.000SH SOLE 55800.000 87275.000
AT&T COM 001957109 5612 99661.000SH SOLE 37325.000 62336.000
258 4584.000 SH OTHER 4584.000
Alcoa COM 013817101 4860 69180.000SH SOLE 26600.000 42580.000
American Home Products COM 026609107 278 5175.000 SH SOLE 5175.000
American International Group COM 026874107 1764 16112.000SH SOLE 1531.000 14581.000
Andrew Corporation COM 034425108 5505 240650.000SH SOLE 72600.000 168050.000
Apache Corp. COM 037411105 2017 40550.000SH SOLE 4200.000 36350.000
Atmos Energy COM 049560105 370 22600.000SH SOLE 1800.000 20800.000
Automatic Data Processing COM 053015103 289 6000.000 SH SOLE 6000.000
Axa Financial, Inc. COM 002451102 5887 164095.000SH SOLE 58550.000 105545.000
BP Amoco PLC Spons ADR COM 055622104 764 14353.000SH SOLE 14353.000
214 4012.000 SH OTHER 4012.000
Bell Atlantic COM 077853109 197 3224.000 SH SOLE 100.000 3124.000
236 3860.000 SH OTHER 3860.000
Bell South Ind COM 079860102 202 4300.000 SH SOLE 4300.000
230 4912.000 SH OTHER 4912.000
Bristol Myers Squibb COM 110122108 1799 31015.000SH SOLE 4000.000 27015.000
Cable Design Technologies COM 126924109 6732 198351.000SH SOLE 62790.000 135561.000
Canadian National Railway COM 136375102 4377 164006.000SH SOLE 59728.000 104278.000
Carnival Corp Class A COM 143658102 5220 210367.000SH SOLE 76167.000 134200.000
Chase Manhattan Corp. COM 163722101 5294 60715.000SH SOLE 25725.000 34990.000
Coca-Cola Company COM 191216100 593 12630.000SH SOLE 12630.000
Colgate Palmolive COM 194162103 1882 33390.000SH SOLE 50.000 33340.000
Comerica Inc COM 200340107 2216 52929.000SH SOLE 750.000 52179.000
DPL Inc COM 233293109 418 18821.000SH SOLE 18821.000
Diebold, Inc. COM 253651103 4927 179167.000SH SOLE 63417.000 115750.000
Dupont COM 263534109 358 6758.000 SH SOLE 6758.000
Elan Corp. PLC ADR COM 284131208 5066 106650.000SH SOLE 38450.000 68200.000
Electronic Data System Corp. COM 285661104 7339 114330.000SH SOLE 34483.000 79847.000
Emerson Electric Company COM 291011104 436 8200.000 SH SOLE 8200.000
Enron COM 293561106 704 9408.000 SH SOLE 9408.000
Equity Office Properties Trust COM 294741103 2354 93680.000SH SOLE 45625.000 48055.000
Equity Residential Properties COM 29476L107 2009 50000.000SH SOLE 11100.000 38900.000
Everest RE Group Ltd COM G3223r108 5276 161710.000SH SOLE 54800.000 106910.000
Exxon Mobil Corporation COM 302316102 5703 73180.003SH SOLE 24018.000 49162.003
328 4208.000 SH OTHER 4208.000
Fannie Mae COM 313586109 6191 109450.000SH SOLE 33790.000 75660.000
GTE Corporation COM 362320103 6173 86947.000SH SOLE 30533.000 56414.000
General Electric COM 369604103 11687 75097.000SH SOLE 13800.000 61297.000
Grainger W.W. COM 384802104 217 4000.000 SH SOLE 4000.000
Herman Miller Inc. COM 600544100 456 16300.000SH SOLE 16300.000
Hewlett Packard Company COM 428236103 492 3700.000 SH SOLE 3700.000
Honeywell International, Inc. COM 438516106 5643 107107.000SH SOLE 42200.000 64907.000
IBM COM 459200101 7327 62092.000SH SOLE 24492.000 37600.000
Intel Corp COM 458140100 1135 8600.000 SH SOLE 8600.000
International Paper Co. COM 460146103 6426 150325.000SH SOLE 56850.000 93475.000
JLG Industries COM 466210101 985 107200.000SH SOLE 107200.000
Johnson & Johnson COM 478160104 5160 73445.000SH SOLE 26100.000 47345.000
Kellwood Corp COM 488044108 3860 219763.000SH SOLE 76566.000 143197.000
Lucent Technologies COM 549463107 161 2621.000 SH SOLE 2621.000
243 3960.000 SH OTHER 3960.000
MBIA Inc COM 55262C100 4992 95881.000SH SOLE 33066.000 62815.000
MCI Worldcom, Inc. COM 55268B106 5373 118571.000SH SOLE 47276.000 71295.000
McDonalds Corp COM 580135101 898 24030.000SH SOLE 24030.000
Mediaone Group Inc. COM 58440J104 154 1900.000 SH SOLE 1900.000
129 1592.000 SH OTHER 1592.000
Medtronic Inc COM 585055106 592 11500.000SH SOLE 11500.000
Mercantile Bankshares Corp. COM 587405101 3216 105225.000SH SOLE 44350.000 60875.000
Merck & Company COM 589331107 4223 67983.000SH SOLE 25250.000 42733.000
Microsoft Corp. COM 594918104 268 2520.000 SH SOLE 2520.000
Minnesota Mining & Mfg COM 604059105 268 3026.000 SH SOLE 3026.000
Motorola COM 620076109 255 1750.000 SH SOLE 1750.000
Nabors Industries COM 629568106 5371 138375.000SH SOLE 46750.000 91625.000
National City Corp. COM 635405103 2219 107596.000SH SOLE 53425.000 54171.000
73 3548.000 SH OTHER 3548.000
NiSource, Inc. COM 65473p105 822 48700.000SH SOLE 1100.000 47600.000
Old Kent Financial Corp COM 679833103 1416 44239.000SH SOLE 574.000 43665.000
711 22213.000SH OTHER 22213.000
PepsiCo COM 713448108 437 12525.000SH SOLE 12525.000
Pfizer COM 717081103 704 19245.000SH SOLE 19245.000
Proctor & Gamble COM 742718109 232 4100.000 SH SOLE 4100.000
Regis Corp. COM 758932107 3317 223916.000SH SOLE 107666.000 116250.000
Royal Dutch Petroleum COM 780257705 486 8400.000 SH SOLE 8400.000
SBC Communications Inc. COM 78387G103 706 16758.000SH SOLE 16758.000
449 10665.000SH OTHER 10665.000
SPX Corp COM 784635104 6931 60833.000SH SOLE 19533.000 41300.000
Santa Fe International COM G7805C108 351 9500.000 SH SOLE 1200.000 8300.000
Sara Lee COM 803111103 328 18216.000SH SOLE 18216.000
Schering Plough COM 806605101 1908 51398.000SH SOLE 200.000 51198.000
Schlumberger COM 806857108 548 7160.000 SH SOLE 7160.000
Shell Transport & Trading COM 822703609 800 16300.000SH SOLE 300.000 16000.000
Sykes Enterprises COM 871237103 3836 201235.000SH SOLE 75350.000 125885.000
Transocean Sedco Forex, Inc. COM G90078109 5118 99736.000SH SOLE 40947.000 58789.000
Tyco International Ltd New COM 902124106 9737 194251.192SH SOLE 62028.000 132223.192
USX-Marathon Group COM 902905827 2783 106783.000SH SOLE 47908.000 58875.000
Walgreen Co. COM 931422109 219 8500.000 SH SOLE 8500.000
Warner Lambert Co. COM 934488107 232 2380.000 SH SOLE 2380.000
Wells Fargo & Co. COM 949740104 49 1200.000 SH SOLE 1200.000
611 15000.000SH OTHER 15000.000
</TABLE>
Form 13f Summary Page
Report Summary:
Number of other included managers: none
Form 13f Information Table Entry Total: 90
Form 13f Information Table Value Total: 226336
