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
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: SIFE
Address: 100 North Wiget Lane
Walnut Creek, CA 94598
13F File Number: 28-3808
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: John P. King
Title: Acting President and Chief Compliance Officer
Phone: (925) 988-2409
Signature, Place, and Date of Signing:
/s/ John P. King Walnut Creek, CA 02/08/00
------------------ ---------------- --------
(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).)
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
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Form 13F Information Table Entry Total: 85
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Form 13F Information Table Value Total: $ 863,260
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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.
NONE.
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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
- ------------------------------ ---------------- --------- -------- ----------- --- ---- ------- ---------- -------- -------- -------
AIG INTERNATIONAL COM 026874107 15600 144281.25 SH SOLE 144281.25
ALLIANCE CAPITAL COM 01855A101 4862 162400.00 SH SOLE 162400.00
AMSOUTH FINANCIAL COM 032165102 229621 188950.00 SH SOLE 1188950.00
APPLIED POWER COM 038225108 2510 68300.00 SH SOLE 68300.00
AUTO ZONE COM 053332102 2488 77000.00 SH SOLE 77000.00
BANK NEW YORK INC COM COM 064057102 38000 950000.00 SH SOLE 950000.00
BANKNORTH GROUP INC.(to merge COM 06646L100 401 15000.00 SH SOLE 15000.00
BB&T CORP. COM 054937107 8215 300096.00 SH SOLE 300096.00
CCB FINANCIAL COM 124875105 1059 24300.00 SH SOLE 24300.00
CENTURA BANKS INC. COM 15640T100 1213 27500.00 SH SOLE 27500.00
CHARTER ONE FINL INC COM COM 160903100 14651 766070.00 SH SOLE 766070.00
CHASE MANHATTAN NEW COM COM 16161A108 54381 700000.00 SH SOLE 700000.00
CHITTENDEN CORP COM COM 170228100 3164 107700.00 SH SOLE 107700.00
CITIGROUP COM 172967101 33412 600000.00 SH SOLE 600000.00
CITY NATL CORP COM COM 178566105 11857 360000.00 SH SOLE 360000.00
CLAYTON HOMES COM 184190106 3142 342000.00 SH SOLE 342000.00
COLONIAL BANCGROUP INC COM COM 195493309 415 40000.00 SH SOLE 40000.00
COMERICA INC COM COM 200340107 28785 616550.00 SH SOLE 616550.00
COMMUNITY FIRST BANKSH COM COM 203902101 5324 338024.00 SH SOLE 338024.00
COMPASS BANCSHARES INC COM COM 20449H109 11266 504900.00 SH SOLE 504900.00
CULLEN FROST BANKERS COM COM 229899109 8544 331800.00 SH SOLE 331800.00
DONALDSON CO. COM 257651109 602 25000.00 SH SOLE 25000.00
FEDERAL HOME LOAN COM 313400301 6273 133300.00 SH SOLE 133300.00
FEDERAL NATL MTG ASSN COM COM 313586109 18731 300000.00 SH SOLE 300000.00
FIFTH THIRD BANCORP COM COM 316773100 3669 50000.00 SH SOLE 50000.00
FIRST TENN NATL CORP COM COM 337162101 22287 782000.00 SH SOLE 782000.00
FIRST UN CORP COM COM 337358105 9881 300000.30 SH SOLE 300000.30
FIRSTAR COM 33763V109 22416 1061100.00 SH SOLE 1061100.00
FLEET BANK BOSTON CORP. (was COM 338915101 44343 1273760.00 SH SOLE 1273760.00
GOLDEN STATE BANCORP., INC. COM 381197102 5365 311000.00 SH SOLE 311000.00
HELEN OF TROY COM G4388N106 1225 169000.00 SH SOLE 169000.00
HEWLETT PACKARD CO COM 428236103 2389 21000.00 SH SOLE 21000.00
HONEYWELL INTERNATIONAL INC. COM 438516106 3323 57600.00 SH SOLE 57600.00
ILLINOIS TOOL WORKS COM 452308109 3439 50900.00 SH SOLE 50900.00
IMPERIAL BANCORP COM COM 452556103 11025 457000.00 SH SOLE 457000.00
INDEPENDENT BK CP MASS COM COM 453836108 6762 541000.00 SH SOLE 541000.00
INGERSOL RAND COM 456866102 2753 50000.00 SH SOLE 50000.00
INVACARE CORP COM 461203101 3549 176900.00 SH SOLE 176900.00
JACOBS ENGINEERING COM 469814107 1612 49600.00 SH SOLE 49600.00
JOHNSON CONTROL COM 478366107 1337 23500.00 SH SOLE 23500.00
KEYCORP NEW COM COM 493267108 27103 1225000.00 SH SOLE 1225000.00
LEGGETT & PLATT COM 524660107 2000 93300.00 SH SOLE 93300.00
M&T BANK CORPORATION (WAS FIRS COM 55261F104 16197 39100.00 SH SOLE 39100.00
MBNA INC. COM 55262L100 2657 97500.00 SH SOLE 97500.00
MELLON FINANCIAL CORP. COM 58551A108 37939 1113800.00 SH SOLE 1113800.00
MERRILL LYNCH & CO., INC. COM 590188108 4999 60000.00 SH SOLE 60000.00
MGIC Investment COM 552848103 2400 40000.00 SH SOLE 40000.00
MORGAN STANLEY, DEAN WITTER DI COM 617446448 2855 20000.00 SH SOLE 20000.00
NATIONAL CITY CORP. COM 635405103 25109 1060000.00 SH SOLE 1060000.00
NATIONAL COMM BANCORP COM COM 635449101 2859 126000.00 SH SOLE 126000.00
NATIONAL DATA COM 635621105 1205 35500.00 SH SOLE 35500.00
NORTH FORK BANKCORP COM 659424105 13637 779232.00 SH SOLE 779232.00
NORTHERN TR CORP COM COM 665859104 12148 229200.00 SH SOLE 229200.00
PACIFIC CENTURY FINANCIAL COM 694058108 747 40000.00 SH SOLE 40000.00
PAPA JOHN'S INT'L COM 698813102 2450 94000.00 SH SOLE 94000.00
PENTAIR COM 709631105 4893 127100.00 SH SOLE 127100.00
PEOPLES HERITAGE FINL COM COM 711147108 5351 355270.00 SH SOLE 355270.00
PNC FINANCIAL CORP. COM 693475105 14685 330000.00 SH SOLE 330000.00
PROVIDENT FINANCIAL GROUP INC. COM 743866105 1794 50000.00 SH SOLE 50000.00
REGIONS FINL CORP COM COM 758940100 2442 97200.00 SH SOLE 97200.00
RYAN'S FAMILY STEAK COM 783519101 425 50000.00 SH SOLE 50000.00
Reynolds & Reynolds COM 761695105 754 33500.00 SH SOLE 33500.00
SCHWAB CHARLES CP NEW COM COM 808513105 2792 73000.00 SH SOLE 73000.00
SHERMAN WILLIAMS COM 824348106 2446 116500.00 SH SOLE 116500.00
SOUTHTRUST CORP. COM 844730101 5105 135000.00 SH SOLE 135000.00
SOVEREIGN BANCORP COM 845905108 4433 596000.00 SH SOLE 596000.00
STATE ST BOSTON CORP COM 857477103 25572 350000.00 SH SOLE 350000.00
STERLING BANCSHS INC COM COM 858907108 4475 400000.00 SH SOLE 400000.00
SUMMIT BANCORP COM COM 866005101 17748 579530.00 SH SOLE 579530.00
SUMMIT BANCSHARES TEX COM COM 866011109 5365 290000.00 SH SOLE 290000.00
SUNTRUST BANKS INC. COM 867914103 28261 410700.00 SH SOLE 410700.00
TCF FINANCIAL CORP. COM 872275102 4507 181200.00 SH SOLE 181200.00
TELEFLEX INC. COM 879369106 2411 77000.00 SH SOLE 77000.00
TRANSATLANTIC HOLDINGS INC. COM 893521104 1756 22500.00 SH SOLE 22500.00
U.S. BANCORP (NEW) COM 902973106 27158 1140500.00 SH SOLE 1140500.00
UNION BANCAL CORPORATION COM 908906100 9899 251000.00 SH SOLE 251000.00
UNION PLANTERS CORP COM COM 908068109 4732 120000.00 SH SOLE 120000.00
UNITED TECHNOLOGY COM 913017109 5148 79200.00 SH SOLE 79200.00
UST CORP. COM 902900109 2445 77000.00 SH SOLE 77000.00
WACHOVIA CORP COM COM 929771103 25439 374100.00 SH SOLE 374100.00
WASHINGTON MUTUAL COM 939322103 517 20000.00 SH SOLE 20000.00
WEBSTER FINANCIAL CORP. COM 947890109 3855 163600.00 SH SOLE 163600.00
WELLS FARGO & CO COM 949746101 33563 830000.80 SH SOLE 830000.80
WESTAMERICA BANCORP COM COM 957090103 9778 350000.00 SH SOLE 350000.00
ZIONS BANCORPORATION COM 989701107 7973 134700.00 SH SOLE 134700.00
863260
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