BARING ASSET MANAGEMENT INC /MA/
13F-HR, 2000-08-18
Previous: HIGHBRIDGE CAPITAL CORP, SC 13D, 2000-08-18
Next: FLAG INVESTORS EQUITY PARTNERS FUND INC, 24F-2NT, 2000-08-18



<PAGE>   1

                                  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:       Baring Asset Management, Inc.
Address:    Suite 2700
            High Street Tower
            125 High Street
            Boston
            MA 02110

Form 13F File Number: 28-4544

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:     Paul Gyra
Title:    Chief Operating Officer
Phone:    617-946-5300

Signature, Place, and Date of Signing:

 /s/ Paul Gyra                    Boston, MA.                Aug 10, 2000
-----------------              ----------------            -----------------
[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.]


I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934
<PAGE>   2


                                    FORM 13F
                                  SUMMARY PAGE


Report Summary:


Number of Other Included Managers:            1
                                              -----------------------

Form 13F Information Table Entry Total:       157
                                              -----------------------

Form 13F Information Table Value Total:      $4,906,262,989.00
                                              -----------------------
                                                    (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

      01         28-7516                    ING MUTUAL FUNDS MANAGEMENT CO. LLC
     -----       ---------------------      ------------------------

          [Repeat as necessary.]

<PAGE>   3

<TABLE>
<CAPTION>

ITEM 1            ITEM 2   ITEM 3    ITEM 4         ITEM 5                ITEM 6        ITEM 7           ITEM 8
Name of Issuer    Title of Cusip     Fair           Shares      --Investment Discretion--       ------Voting Authority--
                           Code      Market         or                          Shared
                                     Value          Principal   Sole    Shared  Other   Mgrs       Sole Shared   None
------------------------------------ ------------   ----------- ------- ---     ------- --      ------ --------- -------
<S>               <C>      <C>       <C>            <C>         <C>     <C>     <C>     <C>     <C>     <C>      <C>
**SILVERLINE TECH ADS      828408104 3680142        170180      170180  0       0               170180  0        0
AES CORPORATION   COM      00130H105 75637128       1657800     1657800 0       0       1       1029900 215800   412100
AGILENT TECH      COM      00846U101 2213166        30009       30009   0       0               21354   2670     5985
ALCOA INC         COM      13817101  1345600        46400       46400   0       0               46400   0        0
ALLEGIANCE TELE   COM      01747T102 19648000       307000      307000  0       0       1       168150  46950    91900
AMER INTL GROUP   COM      26874107  112703179      959176      959176  0       0       1       558910  159380   240886
AMERICA ONLINE    COM      02364J104 57655934       1094300     1094300 0       0       1       639500  175300   279500
AMERICAN EXPRESS  COM      25816109  113319381      2173993     2173993 0       0       1       1267193 318900   587900
ANADARKO PETROLM  COM      32511107  19646099       398400      398400  0       0       1       201300  73600    123500
ANHEUSER-BUSCH CO COM      35229103  81999408       1097900     1097900 0       0       1       656800  148400   292700
APACHE CORP       COM      37411105  16849784       286500      286500  0       0       1       112600  65100    108800
APPLIED MATERIALS COM      38222105  61935850       683430      683430  0       0       1       389530  104500   189400
ARACRUZ CELULOSE  ADR      38496204  2825034        146280      146280  0       0       1       146280  0        0
BANCO GALICIA     ADR      59538207  944875         63789       63789   0       0       1       63789   0        0
BANK OF NEW YORK  COM      64057102  43519350       935900      935900  0       0               326900  227900   381100
BRASIL DISTR(PAO) ADR      20440T201 10197439       317430      317430  0       0       1       317430  0        0
BRASIL TELCM PART ADR      879239101 7526167        103010      103010  0       0       1       103010  0        0
BRISTOL MYERS SQB COM      110122108 52558975       902300      902300  0       0       1       577700  103500   221100
BROADCOM CORP     COM      111320107 23667145       108100      108100  0       0       1       66200   11700    30200
CALPINE CORP      COM      131347106 45189975       687300      687300  0       0       1       361200  118400   207700
CARDINAL HEALTH   COM      14149Y108 77936800       1053200     1053200 0       0       1       678600  117400   257200
CHECK POINT SOFT  COM      M22465104 17746768       83810       83810   0       0       1       83810   0        0
CIA TELEFONOS VEN ADR      204421101 6823791        250990      250990  0       0       1       250990  0        0
CISCO SYSTEMS     COM      17275R102 238739357      3755978     3755978 0       0       1       2380278 485600   890100
CITIGROUP         COM      172967101 136577226      2266842     2266842 0       0       1       1288755 344962   633125
COCA-COLA FEMSA   ADS      191241108 10163809       538480      538480  0       0       1       537980  0        500
COMVERSE TECH INC COM      205862402 24347400       261800      261800  0       0       1       137800  42700    81300
COPEL(PARANAENSE) ADR      20441B407 5305889        569760      569760  0       0       1       569760  0        0
CORNING INC       COM      219350105 91244738       338100      338100  0       0       1       218200  46800    73100
CREDICORP         COM      G2519Y108 651600         72400       72400   0       0               72400   0        0
CYPRESS SEMICOND  COM      232806109 1132300        26800       26800   0       0               14000   12800    0
DARDEN RESTAURANT COM      237194105 297375         18300       18300   0       0               0       18300    0
DELL COMPUTERS    COM      247025109 55022887       1115800     1115800 0       0       1       606500  100000   409300
DISTRIBU Y SERV   ADR      254753106 4708276        270980      270980  0       0       1       270980  0        0
DOW CHEMICAL CO   COM      260543103 1494282        49500       49500   0       0               49500   0        0
ECI TELECOM       COM      268258100 3044113        85150       85150   0       0       1       85150   0        0
EL PASO ENERGY    COM      283905107 590875         11600       11600   0       0               11600   0        0
EMBOT ANDINA      ADR      29081P204 3507610        298520      298520  0       0       1       298520  0        0
EMBRATEL PARTICIP ADR      29081N100 15916138       673699      673699  0       0       1       673699  0        0
EMC CORP(MASS)    COM      268648102 114448839      1487556     1487556 0       0       1       886456  184400   416700
EMP NACIONAL ELEC ADS      29244T101 3880061        350740      350740  0       0       1       350740  0        0
ENCAL ENERGY      COM      29250D107 2544022        401000      401000  0       0               401000  0        0
ENRON CORP        COM      293561106 993300         15400       15400   0       0               15400   0        0
ENSCO INTL INC    COM      26874Q100 1067213        29800       29800   0       0               29800   0        0
EOG RESOURCES     COM      26875P101 14606000       436000      436000  0       0       1       211000  75800    149200
EVERGREEN RES INC COM      299900308 2553083        86180       86180   0       0               86180   0        0
EXXON MOBIL CORP  COM      30231G102 97312448       1239649     1239649 0       0       1       734899  172200   332550
FOMENTO ECONOMICO ADR      344419106 15441781       358590      358590  0       0       1       358090  0        500
GENENTECH INC     COM      368710406 61988800       360400      360400  0       0       1       240100  33900    86400
GENERAL ELECTRIC  COM      369604103 289541014      5463038     5463038 0       0       1       3450738 682100   1330200
GEORGIA PACIFIC   COM      373298702 391412         18100       18100   0       0               18100   0        0
GILAT SATELLITE   COM      M51474100 2233875        32200       32200   0       0       1       32200   0        0
GLOBAL MARINE INC COM      379352404 577844         20500       20500   0       0               20500   0        0
GPO TELEVISA      ADR      40049J206 30342843       440150      440150  0       0       1       439650  0        500
GULF INDONESIA    COM      402284103 120800         15100       15100   0       0               15100   0        0
HALLIBURTON CO    COM      406216101 717250         15200       15200   0       0               15200   0        0
HEWLETT-PACKARD   COM      428236103 69642791       557700      557700  0       0       1       317400  82000    158300
HOME DEPOT INC    COM      437076102 3477647        69640       69640   0       0               69640   0        0
ICICI BANK LTD    ADR      45104G104 2643411        180746      180746  0       0       1       180746  0        0
IMPERIAL OIL      COM      453038408 3427940        140500      140500  0       0               140500  0        0
INDIA FUND        COM      454089103 3607172        254250      254250  0       0       1       254250  0        0
INKTOMI CORP      COM      457277101 5049275        42700       42700   0       0       1       35900   0        6800
INTEL CORP        COM      458140100 216841125      1622000     1622000 0       0       1       997500  200700   423800
INTERPUBLIC GROUP COM      460690100 25305500       588500      588500  0       0       1       347600  111400   129500
JDS UNIPHASE CORP COM      46612J101 67969124       567000      567000  0       0       1       356400  62900    147700
JOHNSON & JOHNSON COM      478160104 112635146      1105621     1105621 0       0       1       670721  153000   281900
KLA-TENCOR        COM      482480100 13797322       235600      235600  0       0       1       136000  29300    70300
KOREA TELECOM     ADR      50063P103 13489659       278856      278856  0       0       1       278856  0        0
LAM RESEARCH      COM      512807108 555000         14800       14800   0       0               0       14800    0
LILLY(ELI) & CO   COM      532457108 146167061      1463500     1463500 0       0       1       837700  242600   383200
LINEAR TECHNOLOGY COM      535678106 19526512       305400      305400  0       0       1       145700  53400    106300
LUCENT TECH       COM      549463107 98028414       1654488     1654488 0       0       1       1049184 188604   416700
MATAV RT          ADS      559776109 11353009       329670      329670  0       0       1       329670  0        0
MAYTAG CORP       COM      578592107 394562         10700       10700   0       0               0       10700    0
MCDONALD'S CORP   COM      580135101 3046719        92500       92500   0       0               92500   0        0
MCLEODUSA INC     COM      582266102 17553340       848500      848500  0       0       1       457000  134500   257000
MEDTRONIC INC     COM      585055106 75513156       1515948     1515948 0       0       1       1000948 195500   319500
MERCURY INTERACT  COM      589405109 20433600       211200      211200  0       0       1       97300   43200    70700
METROMEDIA FIBER  COM      591689104 16922752       426400      426400  0       0       1       252000  49200    125200
MICROMUSE INC     COM      595094103 3938528        23800       23800   0       0               18000   1000     4800
MICROSOFT CORP    COM      594918104 173583600      2169795     2169795 0       0       1       1333995 282000   553800
MILLENNIUM PHARM  COM      599902103 6348906        56750       56750   0       0       1       43550   4400     8800
MINAS BUENAVENTRA ADR      204448104 629482         36360       36360   0       0               36360   0        0
MORGAN STANLEY DW COM      617446448 112382838      1349944     1349944 0       0       1       799744  180700   369500
NABISCO GRP HLDGS COM      62952P102 664000         25600       25600   0       0               0       25600    0
NEWFIELD EXPLOR   COM      651290108 805976         20600       20600   0       0               20600   0        0
NEXTLINK COMM     COM      65333H707 41055966       1082200     1082200 0       0       1       679600  126400   276200
NIKO RESOURCES    COM      653905109 177428         41400       41400   0       0               41400   0        0
NOBLE DRILLING    COM      655042109 613694         14900       14900   0       0               0       14900    0
NORTHERN TRUST    COM      665859104 26649602       409600      409600  0       0       1       176100  85400    148100
NOVELLUS SYSTEMS  COM      670008101 20000502       353600      353600  0       0       1       189100  52500    112000
NVIDIA CORP       COM      67066G104 635625         10000       10000   0       0               0       10000    0
OCEAN ENERGY      COM      6.75E+110 161738         11400       11400   0       0               0       11400    0
OMNICOM GROUP     COM      681919106 96893410       1087926     1087926 0       0       1       674326  128600   285000
OPEN MARKET INC   COM      68370M100 143650         10400       10400   0       0               0       10400    0
ORACLE CORP       COM      68389X105 55489656       660100      660100  0       0       1       358400  60000    241700
ORBOTECH LTD      COM      M75253100 9992420        107590      107590  0       0       1       107590  0        0
PANAMERICAN BEV   COM      P74823108 5006602        335170      335170  0       0       1       334370  0        800
PARTNER COMMUNIC  ADS      70211M109 950000         100000      100000  0       0               100000  0        0
PENNACO ENERGY    COM      708046107 967762         59100       59100   0       0               59100   0        0
PEPSI BOTTLNG GRP COM      713409100 484512         16600       16600   0       0               0       16600    0
PERUSAHAAN PERSER ADR      715680104 476612         41900       41900   0       0       1       41900   0        0
PFIZER INC        COM      717081103 225740400      4702925     4702925 0       0       1       2752000 598550   1352375
PHILLIPS PETROL   COM      718507106 2113669        41700       41700   0       0               41700   0        0
POHANG IRON&STEEL ADR      730450103 11054424       460601      460601  0       0       1       460601  0        0
PRECISE SOFWARE   COM      M41450103 160000         10000       10000   0       0               0       10000    0
PRECISION DRILL   COM      74022D100 421012         10900       10900   0       0               0       10900    0
R&B FALCON CORP   COM      7.49E+105 893018         37900       37900   0       0               37900   0        0
READERS DIGEST    COM      755267101 401475         10100       10100   0       0               0       10100    0
ROBERT HALF INTL  COM      770323103 347700         12200       12200   0       0               0       12200    0
ROSTELEKOM        ADR      778529107 2782907        204250      204250  0       0       1       204250  0        0
ROWAN CO'S INC    COM      779382100 1330425        43800       43800   0       0               32400   11400    0
SAFEWAY INC       COM      786514208 26055000       579000      579000  0       0       1       291000  96900    191100
SANDISK           COM      80004C101 926379         15140       15140   0       0               9540    5600     0
SCHWAB (CHARLES)  COM      808513105 40914899       1216800     1216800 0       0       1       704250  154350   358200
SERENA SOFTWARE   COM      817492101 485847         10700       10700   0       0               0       10700    0
SIDERURGICA NACL  ADR      20440W105 373756         12130       12130   0       0               12130   0        0
SIEBEL SYSTEMS    COM      826170102 23520287       143800      143800  0       0       1       69400   24300    50100
SILICONWARE PREC  ADR      827084872 2039625        220500      220500  0       0       1       220500  0        0
SMURFIT-STONE     COM      832727101 354063         27500       27500   0       0               27500   0        0
SOUTH PERU COPPER COM      843611104 507001         41600       41600   0       0               41600   0        0
SPRINT (PCS GRP)  COM      852061506 79925041       1343278     1343278 0       0       1       810778  163700   368800
STARMEDIA NETWORK COM      855546107 1065116        56430       56430   0       0               56430   0        0
STEWART & STEVNSN COM      860342104 218406         14500       14500   0       0               0       14500    0
SUN MICROSYSTEMS  COM      866810104 108159059      1189378     1189378 0       0       1       708978  177100   303300
SUNCOR ENERGY INC COM      867229106 3388447        146800      146800  0       0               146800  0        0
SYSCO CORP        COM      871829107 48258401       1145600     1145600 0       0       1       655700  187000   302900
TAIWAN SEMICONDUC ADS      874039100 9310966        240283      240283  0       0       1       240283  0        0
TALISMAN ENERGY   COM      8.74E+107 1827371        55200       55200   0       0               55200   0        0
TATNEFT           ADS      03737P306 2180399        220800      220800  0       0       1       220800  0        0
TELE ARGENTINA SA ADR      879273209 5264050        191420      191420  0       0               191420  0        0
TELE CEL SUL PT   ADR      879238103 4453958        98430       98430   0       0       1       98430   0        0
TELE NORTE LESTE  ADR      879246106 19408244       821513      821513  0       0       1       821513  0        0
TELECENTRO OESTE  ADR      87923P105 3569280        297440      297440  0       0       1       297440  0        0
TELECOM DE CHILE  ADR      204449300 4594506        253490      253490  0       0               253490  0        0
TELEFONOS MEXICO  ADR      879403780 53584850       938028      938028  0       0       1       936828  0        1200
TELEMIG CEL PT    ADR      8.79E+109 5231655        73170       73170   0       0       1       73170   0        0
TELESP CEL PT     ADR      87952L108 5449172        121430      121430  0       0               121430  0        0
TEVA PHARM INDS   ADR      881624209 6907512        124600      124600  0       0       1       124600  0        0
TEXAS INSTRUMENTS COM      882508104 106860719      1555752     1555752 0       0       1       954752  191000   410000
TMP WORLDWIDE INC COM      872941109 5233307        70900       70900   0       0       1       51900   7300     11700
TRIANGLE PHARM    COM      89589H104 103312         11400       11400   0       0               0       11400    0
UNIVISION COMMS   COM      914906102 8280000        80000       80000   0       0       1       64600   0        15400
UTD PARCEL SERV   COM      911312106 34815900       590100      590100  0       0       1       321900  91400    176800
VALASSIS COMMS    COM      918866104 419375         11000       11000   0       0               0       11000    0
VALERO ENERGY(NEW COM      91913Y100 733425         23100       23100   0       0               23100   0        0
VERITAS SOFTWARE  COM      923436109 48929890       432948      432948  0       0       1       286398  32750    113800
VINA CONCHA TORO  ADR      927191106 3255691        89350       89350   0       0       1       89350   0        0
VINTAGE PETROLEUM COM      927460105 715232         31700       31700   0       0               31700   0        0
VISHAY INTERTECH  COM      928298108 392653         10350       10350   0       0               0       10350    0
WAL-MART STORES   COM      931142103 103361215      1793687     1793687 0       0       1       1119787 206200   467700
WATERS CORP       COM      941848103 8544664        68460       68460   0       0       1       49860   8700     9900
WELLS FARGO & CO  COM      949746101 102038204      2633244     2633244 0       0       1       1479844 384800   768600
WILLIAM COMPANIES COM      969457100 1325662        31800       31800   0       0               31800   0        0
WORLDCOM INC      COM      98157D106 98262963       2141972     2141972 0       0       1       1311697 271025   559250
XILINX INC        COM      983919101 34915682       422900      422900  0       0       1       226100  65900    130900
YAHOO INC         COM      984332106 52349579       422600      422600  0       0       1       268000  51900    102700
</TABLE>


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission