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: KRAMER SPELLMAN, L.P.
Address: 2050 CENTER AVENUE, SUITE 300
FORT LEE, NEW JERSEY 07024
13 File Number: 28-xxxx
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
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: ORIN S. KRAMER
Title: GENERAL PARTNER
Phone: 201-592-1234
Signature, Place and Date of Signing:
ORIN S. KRAMER August 7, 2000
Report Type (Check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 30
Form 13F Information Table Value Total: 30023
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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 DISCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- -------- --------- -------- -------- --------
D ADVANTA CORP USD.01 CL-B NONVT COMMON STOCK 007942204 205 24100 SH SOLE 24100 0 0
D AETNA INC COM OPTIONS - CALLS 0081170GN 642 10000 SH CALL SOLE 10000 0 0
D AMBASE CORP COM COMMON STOCK 023164106 827 996900 SH SOLE 996900 0 0
D AMERICAN CAPITAL STRATEGIES COMMON STOCK 024937104 1277 53500 SH SOLE 53500 0 0
D ANTHRACITE CAPITAL INC COMMON STOCK 037023108 112 15700 SH SOLE 15700 0 0
D CENDANT CORP COM COMMON STOCK 151313103 434 31000 SH SOLE 31000 0 0
D COASTAL BANCORP INC COM COMMON STOCK 19041P105 170 11800 SH SOLE 11800 0 0
D COMPUCREDIT CORP COMMON STOCK 20478N100 906 30200 SH SOLE 30200 0 0
D DYNEX CAPITAL INC 9.55% SER B PFRD STK CONV SU 26817Q308 243 35000 SH SOLE 35000 0 0
D EQUANT NV NY REGISTR Y SHS ADRS STOCKS 294409107 1161 27000 SH SOLE 27000 0 0
D FIRST INVS FINL SVCS GROUP IN COMMON STOCK 32058A101 141 29700 SH SOLE 29700 0 0
D GLOBAL TELESYSTEMS INC COMMON STOCK 37936U104 4686 388500 SH SOLE 388500 0 0
D GLOBAL TELESYSTEMS INC OPTIONS - CALLS 37936U2GB 121 10000 SH CALL SOLE 10000 0 0
D IMPERIAL CREDIT INDS INC COMMON STOCK 452729106 1571 369650 SH SOLE 369650 0 0
D INDYMAC BANCORP, INC COM STK COMMON STOCK 456607100 176 13000 SH SOLE 13000 0 0
D LNR PROPERTY CORP COM COMMON STOCK 501940100 1613 82700 SH SOLE 82700 0 0
D NAVISTAR INTL CORP NEW COMMON STOCK 63934E108 2212 71200 SH SOLE 71200 0 0
D NEOTHERAPEUTICS INC COM COMMON STOCK 640656104 110 10300 SH SOLE 10300 0 0
D OCWEN FINL CORP COM COMMON STOCK 675746101 1680 302008 SH SOLE 302008 0 0
D PACIFIC CREST CAP INC COM COMMON STOCK 694166109 773 58900 SH SOLE 58900 0 0
D PROFESSIONAL BANCORP COM COMMON STOCK 743112104 47 14400 SH SOLE 14400 0 0
D PROVIDIAN FINL CORP COM COMMON STOCK 74406A102 450 5000 SH SOLE 5000 0 0
D RESOURCE AMER INC CL A COM NEW COMMON STOCK 761195205 3946 604100 SH SOLE 604100 0 0
D RESOURCE ASSET INVT TRUST COMMON STOCK 761196104 557 50600 SH SOLE 50600 0 0
D REVLON INC CL A COM COMMON STOCK 761525500 316 50000 SH SOLE 50000 0 0
D RYDER SYSTEM INC COMMON STOCK 783549108 2973 157000 SH SOLE 157000 0 0
D UGLY DUCKLING CORP COM COMMON STOCK 903512101 1573 222730 SH SOLE 222730 0 0
D USA BANC.COM COMMON STOCK 917289100 83 20848 SH SOLE 20848 0 0
D WILSHIRE REAL ESTATE INVSTMENT REITS/RICS 971892104 864 432100 SH SOLE 432100 0 0
D WMS INDS INC COM COMMON STOCK 929297109 154 10000 SH SOLE 10000 0 0
S REPORT SUMMARY 30 DATA RECORDS 30023 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
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