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 holding entries.
Institutional Investment Manager Filing this Report:
Name: Schwartz Investment Counsel, Inc.
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Address: 3707 W. Maple Rd.
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Bloomfield Hills, MI 48301
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Form 13F File Number: 28-5434
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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: George P. Schwartz
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Title: President
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Phone: 248-644-8500
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Signature, Place, and Date of Signing:
/s/ George P. Schwartz Bloomfield Hills, MI 2-18-00
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[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-
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[Repeat as necessary.]
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
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Form 13F Information Table Entry Total: 83
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Form 13F Information Table Value Total: $72,963
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(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.]
NONE
Form 13F INFORMATIONAL TABLE
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<CAPTION>
Item 1: Item 2: Item 3: Item 4: Item 5: Item 6: Item 7: Item 8:
- ----------------------- ------ ------ ------- --------------- -------- ------ ------------------
TITLE VALUE Shrs Sh/ Put/ Invest Other Voting Authority
NAME OF ISSUER OF CLASS CUSIP (X$1000) or Prn PRN Call Disc MGRS Sole Shared None
- --------------------- ------ ------ ------- ------ --- ---- -------- ------ ----- ------ -----
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Telos Corporation,
12% Cumulative Exch Pfd. pref 87969B200 122 35000 SH SOLE 35000
Acceptance Insurance Companies com 004308102 235 40800 SH SOLE 40800
Advanced Communication Systems com 00750x109 191 10000 SH SOLE 10000
America Service Group Inc. com 02364L109 2007 133800 SH SOLE 116800 17000
Automatic Data Processing,Inc. com 053015103 840 15600 SH SOLE 6600 9000
Berkshire Hathaway CLB com 084670207 518 283 SH SOLE 213 70
Brookdale Living
Communities,Inc. com 112462106 124 10000 SH SOLE 10000
Charming Shoppes, Inc. com 161133103 616 93000 SH SOLE 93000
Central Securities Co. com 155123102 867 31800 SH SOLE 31800
Champion Enterprises com 158496109 128 15000 SH SOLE 15000
Chemical Financial Corporation com 163731102 299 9375 SH SOLE 9375
Childtime Learning Centers,Inc.com 168820108 124 10000 SH SOLE 10000
Citigroup Inc. com 172967101 200 3598 SH SOLE 1348 2250
Comerica Inc. com 200340107 355 7600 SH SOLE 5100 2500
Compuware Corporation com 205638109 1855 49800 SH SOLE 47300 2500
Convergys Corporation com 212485106 231 7500 SH SOLE 7500
Countrywide Credit
Industries, Inc. com 222372104 2845 112675 SH SOLE 112675
Craftmade International,Inc. com 22413E104 725 100000 SH SOLE 100000
Crown Cork & Seal Company,Inc. com 228255105 764 34150 SH SOLE 29150 5000
Data Research Associates,Inc. com 237853106 2482 310200 SH SOLE 302200 8000
Emerson Electric Co. com 291011104 361 6300 SH SOLE 2300 4000
Forest Oil Corporation com 346091606 651 49400 SH SOLE 39400 10000
Freddie Mac com 313400301 202 4300 SH SOLE 3500 800
Gainsco, Inc. com 363127101 81 15000 SH SOLE 15000
Gardner Denver, Inc. com 365558105 417 25000 SH SOLE 25000
Golden Star Resources Ltd. com 38119t104 186 198500 SH SOLE 198500
Greif Bros. Corporation -
Class A com 397624107 283 9500 SH SOLE 9500
Griffon Corporation com 398433102 1320 169000 SH SOLE 169000
HMI Industries Inc. com 404238107 53 50000 SH SOLE 50000
Helen of Troy Limited com G4388N106 145 20000 SH SOLE 20000
Home Depot Incorporated com 437076102 206 2997 SH SOLE 0 2997
I. Gordon Corporation com 382784106 151 16499 SH SOLE 16499
Impath Inc. com 45255g101 239 9400 SH SOLE 9400
Inco Limited - Class VBN com 453258709 1975 227300 SH SOLE 227300
Input/Output, Inc. com 457652105 6245 1233600 SH SOLE 1188600 45000
K-Swiss Inc. - Class A com 482686102 765 41200 SH SOLE 31700 9500
Kaydon Corporation com 486587108 1030 38400 SH SOLE 29400 9000
La-Z-Boy Incorporated com 505336107 462 27500 SH SOLE 27500
Leucadia National Corporation com 527288104 652 28200 SH SOLE 18200 10000
Littelfuse, Inc. com 537008104 937 38600 SH SOLE 33600 5000
LoJack Corporation com 539451104 169 25000 SH SOLE 25000
Malan Realty Investors, Inc. com 561063108 6344 474300 SH SOLE 446300 28000
Manor Care Inc. com 564055101 238 14850 SH SOLE 9850 5000
Maritrans Inc. com 570363101 269 50000 SH SOLE 50000
Mechanical Dynamics, Inc. com 583521109 256 50000 SH SOLE 50000
Miami Computer Supply Corp. com 593261100 371 10000 SH SOLE 10000
Microsoft Corporation com 594918104 235 2010 SH SOLE 10 2000
NCR Corporation com 62886e108 903 23850 SH SOLE 23850
National Data Corporation com 629305103 417 12300 SH SOLE 11500 800
Nautica Enterprises, Inc. com 639089101 344 30400 SH SOLE 25400 5000
Newmont Mining Corporation com 651639106 510 20800 SH SOLE 17800 3000
Nobel Learning
Communities, Inc. com 654889104 145 20000 SH SOLE 20000
NOVA Corporation com 669784100 312 9900 SH SOLE 9900
Oglebay Norton Company com 677007106 594 25000 SH SOLE 25000
Ottawa Financial Corporation com 689389104 4944 272793 SH SOLE 245193 27600
PICO Holdings, Inc. com 693366205 643 52200 SH SOLE 52200
Patterson Energy, Inc. com 703414102 650 50000 SH SOLE 50000
Perceptron, Inc. com 71361F100 495 123850 SH SOLE 113850 10000
Providence and Worcester
Railroad Company com 743737108 200 25000 SH SOLE 25000
Queensway Financial
Holdings Limited com 747931103 335 100000 SH SOLE 100000
Quest Education Corporation com 281490102 99 11300 SH SOLE 11300
RSA Security Inc. com 749719100 1930 24900 SH SOLE 21900 3000
Rainbow Technologies, Inc. com 750862104 1814 78000 SH SOLE 78000
Royce Focus Trust com 78080N108 1180 250000 SH SOLE 250000
Royce Micro-Cap Trust, Inc. com 780915104 193 21438 SH SOLE 21438
SPSS Inc. com 78462K102 6161 244000 SH SOLE 235500 8500
STERIS Corporation com 859152100 1125 109800 SH SOLE 106800 3000
Santa Fe Snyder Corporation com 802012104 652 81500 SH SOLE 72500 9000
Schuler Homes, Inc. com 808188106 195 30000 SH SOLE 30000
Servicemaster Inc. com 81760n109 123 10000 SH SOLE 10000
Sevenson Environmental
Services, Inc. com 818063109 475 50000 SH SOLE 50000
Strayer Education, Inc. com 863236105 198 10000 SH SOLE 10000
Stryker Corp. com 863667101 265 3800 SH SOLE 800 3000
Texas Instruments Inc. com 882508104 338 3500 SH SOLE 0 3500
The Good Guys, Inc. com 382091106 186 20000 SH SOLE 20000
The Morgan Group, Inc.
- Class A com 617358106 776 135000 SH SOLE 135000
Thomas Nelson Inc. com 640376109 2537 274300 SH SOLE 274300
Unico American Corporation com 904607108 1372 196000 SH SOLE 196000
Universal Electronics Inc. com 913483103 1610 35000 SH SOLE 35000
Velcro Industries N.V. com 922571104 657 54500 SH SOLE 54500
Weyco Group, Inc. com 962149100 514 20000 SH SOLE 20000
Whitman Education Group, Inc. com 966524100 206 75000 SH SOLE 75000
X-Rite, Incorporated com 983857103 94 15000 SH SOLE 15000
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