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
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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: CROFT-LEOMINSTER, INC.
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Address: c/o Canton House
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300 Water Street
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Baltimore, MD 21202
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Form 13F File Number: 28-03999
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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: Carla Reedinger
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Title: Assistant Vice President
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Phone: 410-576-8231
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Signature, Place, and Date of Signing:
/s/ Carla Reedinger Baltimore, MD March 31, 2000
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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.]
NONE
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Included Managers: 0
Form 13F Information Table Entry Total: 12,294,437
Form 13F Information Table Value Total: $ 308.7410
List of Other Included Managers: N/A
NONE
<PAGE>
INFORMATION TABLE
Name of Reporting Manager: Croft-Leominster, Inc.
Filing for Quarter-Ending: December 31, 1999
*NOTE: Unless Otherwise Indicated
ITEM 6: Investment Discretion: SOLE
ITEM 7: Voting Authority: NONE
<TABLE>
<CAPTION>
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>
- ------------------------------------------------------------------------------------------------------------------------------------
AMFM, Inc. COM 001693100 $ 0.2954 3775 SOLE 3775
A T & T Corp COM 001957109 $ 2.1956 43210 SOLE 43210
AXA Financial, Inc COM 002451102 $ 0.5559 16350 SOLE 16350
Aetna Inc COM 008117103 $ 0.4649 8330 SOLE 8330
Agrium Inc. COM 008916108 $ 0.8128 103211 SOLE 103211
Aluminum Co of America COM 013817101 $ 0.2936 3537 SOLE 3537
Alliance World Dollar Gvt II COM 01879R106 $ 0.1787 21500 SOLE 21500
Allmerica Financial Corp COM 019754100 $ 3.1067 55850 SOLE 55850
Allstate Corp COM 020002101 $ 0.4744 19715 SOLE 19715
Alpine Group, Inc. COM 020825105 $ 1.0668 82859 SOLE 82859
America Online Inc COM 02364j104 $ 0.4914 6476 SOLE 6476
American Home Products Corp COM 026609107 $ 3.8963 99269 SOLE 99269
Anadarko Petroleum Corp COM 032511107 $ 1.1282 33060 SOLE 33060
Apache Corp COM 037411105 $ 0.8560 23175 SOLE 23175
Armstrong World Industries Inc COM 042476101 $ 0.2415 7235 SOLE 7235
Asia Tigers Fund Inc COM 04516T105 $ 0.6622 64600 SOLE 64600
Astoria Financial Corp COM 046265104 $ 1.0618 34885 SOLE 34885
Aviaton Sales Corp COM 053672101 $ 0.4274 25900 SOLE 25900
Bank United Corp. - Cl A CL A 065412108 $ 1.1791 43270 SOLE 43270
BankAtlantic Bancorp, Inc. CL A 065908501 $ 0.1319 31970 SOLE 31970
Bellwether Exploration Co COM NEW 079895207 $ 0.7749 161009 SOLE 161009
Benton Oil & Gas Co COM 083288100 $ 0.0213 11000 SOLE 11000
Bethlehem Steel $5.00 cv. pfd PFD CV $5 087509303 $ 0.3818 8300 SOLE 8300
Black and Decker COM 091797100 $ 1.7316 33140 SOLE 33140
Blackrock Invt Quality Muni COM 09247D105 $ 0.2215 17200 SOLE 17200
Boise Cascade Corp COM 097383103 $ 8.3302 205685 SOLE 205685
Bowater Inc COM 102183100 $ 0.2743 5050 SOLE 5050
Brown & Sharpe Manufacturing C CL A 115223109 $ 0.0973 45800 SOLE 45800
Burlington Resources Inc COM 122014103 $ 0.8242 24930 SOLE 24930
CBS Inc COM 12490k107 $ 23.9998 375363 SOLE 375363
CK Witco Corporation COM 12562c108 $ 1.0861 81200 SOLE 81200
Capital One Financial Corp COM 14040h105 $ 8.3247 172757 SOLE 172757
Central European Equity Fund I COM 153436100 $ 1.2428 86082 SOLE 86082
Chubb Corporation COM 171232101 $ 0.2825 5017 SOLE 5017
Citigroup, Inc. COM 172967101 $ 16.8416 302431 SOLE 302431
Clear Channel Communications, COM 184502102 $ 0.3981 4460 SOLE 4460
Coca-Cola Co COM 191216100 $ 0.5415 9296 SOLE 9296
Colonial Invest Grd Muni Tr SH BEN INT 195768106 $ 0.1696 20100 SOLE 20100
Comcast Corp. Special CL A CL A SPL 200300200 $ 0.3443 6810 SOLE 6810
Compuware Corp COM 205638109 $ 0.4787 12850 SOLE 12850
Comstock Resources Inc COM NEW 205768203 $ 1.1103 386205 SOLE 386205
Convergys Corp COM 212485106 $ 0.2923 9507 SOLE 9507
Corning Inc COM 219350105 $ 0.2933 2275 SOLE 2275
Countrywide Credit Ind Inc COM 222372104 $ 0.3223 12765 SOLE 12765
DII Group Inc. COM 232949107 $ 2.7016 38068 SOLE 38068
Dell Computer Corp COM 247025109 $ 0.9802 19220 SOLE 19220
Dime Bancorp Inc COM 25429q102 $ 0.9048 59823 SOLE 59823
Dow Chemical Co COM 260543103 $ 0.2405 1800 SOLE 1800
Dreyfus Strategic Municipals I COM 261932107 $ 0.1440 19200 SOLE 19200
Dreyfus Strategic Muni Bond Fu COM 26202F107 $ 0.2552 34600 SOLE 34600
Edison International COM 281020107 $ 0.3846 14685 SOLE 14685
Equity Oil Co COM 294749106 $ 0.8534 758600 SOLE 758600
Federal-Mogul Corp COM 313549107 $ 5.5604 276295 SOLE 276295
First Australia Prime Income F COM 318653102 $ 0.2081 41100 SOLE 41100
First Cash Financial Services, COM 31942d107 $ 0.2054 24900 SOLE 24900
First Security Corporation COM 336294103 $ 0.5106 20000 SOLE 20000
First Union Corp COM 337358105 $ 1.8603 56479 SOLE 56479
Foster Wheeler Corp COM 350244109 $ 0.4029 45400 SOLE 45400
Foundation Health Services, In COM 350404109 $ 1.4911 150050 SOLE 150050
Fox Entertainment Group CL A 35138T107 $ 0.2718 10900 SOLE 10900
Franklin Resources Inc COM 354613101 $ 3.9102 121955 SOLE 121955
Freeport McMoran Copper & Gold CL B 35671D857 $ 0.2148 10167 SOLE 10167
GTE Corp COM 362320103 $ 1.2313 17450 SOLE 17450
Gaylord Container Corporation CL A 368145108 $ 0.2527 37100 SOLE 37100
General Electric Co COM 369604103 $ 0.8155 5270 SOLE 5270
Gothic Energy Corp COM 383482106 $ 0.0150 100100 SOLE 100100
M.A. Hanna Company COM 410522106 $ 0.2647 24200 SOLE 24200
Hartford Financial Services Gr COM 416515104 $ 6.1231 129248 SOLE 129248
Hibernia Corp Class A CL A 428656102 $ 0.7937 74700 SOLE 74700
Highlands Insurance Group COM 431032101 $ 0.9912 105030 SOLE 105030
Honeywell Intl Inc COM 438516106 $ 0.4075 7064 SOLE 7064
Hugoton Royalty Trust UNIT BEN INT 444717102 $ 0.1073 13200 SOLE 13200
Insured Municipal Income Fund COM 45809F104 $ 0.3006 26000 SOLE 26000
MSDW Insured Municipal Trust INSD MUN TR 61745P866 $ 0.1468 11567 SOLE 11567
Int'l Business Machines Corp. COM 459200101 $ 0.6768 6274 SOLE 6274
International Paper Co COM 460146103 $ 0.6664 11807 SOLE 11807
IONA Technologies PLC SPONSORED ADR 46206p109 $ 0.5066 9295 SOLE 9295
Jardine Fleming India Fund COM 471112102 $ 0.4477 37700 SOLE 37700
K mart Corp COM 482584109 $ 0.2133 21200 SOLE 21200
Kansas City Southern Inds COM 485170104 $ 17.2850 231625 SOLE 231625
Kennametal, Inc. COM 489170100 $ 1.7329 51535 SOLE 51535
Kinder Morgan Energy Partners UT LTD PARTNER 494550106 $ 0.5380 13326 SOLE 13326
Koninklije Philips Electronics SPON ADR NEW 500472204 $ 9.9367 73605 SOLE 73605
Lucent Technologies Inc COM 549463107 $ 2.0892 27856 SOLE 27856
Lyondell Chemical Company COM 552078107 $ 0.7013 55000 SOLE 55000
MCI Worldcom Inc. COM 55268B106 $ 9.5969 180861 SOLE 180861
Magnum Hunter Resources WTS WT EXP 070102 55972f120 $ 0.0073 38768 SOLE 38768
Magnum Hunter Resources Inc COM PAR $0.002 55972F203 $ 0.3344 116300 SOLE 116300
Mallon Resources Corp COM NEW 561240201 $ 0.1045 17600 SOLE 17600
Marsh & McLennan Cos COM 571748102 $ 0.2252 2354 SOLE 2354
Maytag Corp COM 578592107 $ 1.2636 26325 SOLE 26325
McKesson HBOC, Inc COM 58155Q103 $ 0.4475 19890 SOLE 19890
MediaOne Group Inc. COM 58440J104 $ 0.4593 5980 SOLE 5980
Mellon Financial Corp. COM 58551A108 $ 6.7916 199385 SOLE 199385
Merck & Co COM 589331107 $ 0.3675 5470 SOLE 5470
Meridian Resource Corp COM 58977Q109 $ 2.4713 806968 SOLE 806968
Metris Companies, Inc. COM 591598107 $ 0.2034 5700 SOLE 5700
Microsoft Corp. COM 594918104 $ 2.5994 22265 SOLE 22265
Micron Technology COM 595112103 $ 0.2216 2850 SOLE 2850
Monsanto Co COM 611662107 $ 0.3845 10850 SOLE 10850
Morgan Stanley Asia-Pacific FD COM 61744U106 $ 0.5686 48136 SOLE 48136
Morgan Stanley India Invt FD COM 61745C105 $ 0.4653 28200 SOLE 28200
NL Industries Inc COM NEW 629156407 $ 0.7320 48600 SOLE 48600
Newell Rubbermaid Co. COM 651229106 $ 0.6694 23082 SOLE 23082
News Corp LTD ADR ADR NEW 652487703 $ 0.7038 18400 SOLE 18400
NEXTEL Communications CL A 65332V103 $ 0.7219 7000 SOLE 7000
Niagra Mohawk Holdings COM 653520106 $ 1.1282 80950 SOLE 80950
Northpoint Communications COM 666610100 $ 0.4147 17280 SOLE 17280
NOVA Corp. COM 669784100 $ 1.0853 34385 SOLE 34385
Oak Industries Inc COM NEW 671400505 $ 3.7563 35395 SOLE 35395
Oracle Corp COM 68389x105 $ 1.3619 12153 SOLE 12153
Owens-Corning COM 69073F103 $ 2.5261 130800 SOLE 130800
Panaco Inc COM 698106101 $ 0.2367 688700 SOLE 688700
Pepsi Bottling Group, Inc. COM 713409100 $ 1.4318 86450 SOLE 86450
PepsiCo, Inc COM 713448108 $ 3.0473 86449 SOLE 86449
Potash Corp of Saskatchewan COM 73755L107 $ 0.2187 4538 SOLE 4538
Potomac Electric Power Co. COM 737679100 $ 0.2300 10028 SOLE 10028
Provident Bankshares Corp. COM 743859100 $ 1.4502 83768 SOLE 83768
PSINet, Inc COM 74437C101 $ 0.5435 8802 SOLE 8802
Putnam Inv Grade Muni Tr III SH BEN INT 746807106 $ 0.2177 21500 SOLE 21500
Qwest Communications Intl Inc. COM 749121109 $ 6.0068 139694 SOLE 139694
Reliance Group Holdings COM 759464100 $ 0.7155 108000 SOLE 108000
SBC Communications Inc COM 78387G103 $ 0.4241 8699 SOLE 8699
SLI, Inc. COM 78442T108 $ 0.4218 31100 SOLE 31100
SPX Corp COM 784635104 $ 24.4268 302265 SOLE 302265
Safeway Inc. COM NEW 786514208 $ 0.2222 6215 SOLE 6215
St. Paul Cos COM 792860108 $ 0.4659 13829 SOLE 13829
Salomon Bros Worldwide Income COM 79548T109 $ 0.3135 30400 SOLE 30400
Santa Fe Snyder Corp. COM 80218k105 $ 4.8474 605930 SOLE 605930
Seagram Co. LTD ACES cvt PFD ADJ CV SEC 811850205 $ 0.7133 15850 SOLE 15850
Smith Barney Intmed Muni Fd COM 831802103 $ 0.1114 13300 SOLE 13300
Smith Barney Municipal Fd COM 831902101 $ 0.1654 13300 SOLE 13300
Smurfit-Stone Container Corp COM 832727101 $ 19.8110 808613 SOLE 808613
Starwood Hotels & Resorts Worl PAIRED CTF 85590A203 $ 2.2737 96754 SOLE 96754
Summit Bancorp. COM 866005101 $ 0.5762 18815 SOLE 18815
Templeton Emerging Mkts Inc Fd COM 880192109 $ 0.3191 34265 SOLE 34265
Terex Corporation COM 880779103 $ 4.2208 152100 SOLE 152100
Texas Industries, Inc. COM 882491103 $ 0.5086 11950 SOLE 11950
Titan Exploration, Inc. COM 888289105 $ 0.6134 112800 SOLE 112800
Town & Country Trust SH BEN INT 892081100 $ 0.2372 13225 SOLE 13225
Travelers Property Casualty Co CL A 893939108 $ 0.2997 8750 SOLE 8750
Tyco International Ltd COM 902124106 $ 4.2619 109280 SOLE 109280
Union Pacific Resources Group COM 907834105 $ 1.0570 82905 SOLE 82905
United Dominion Inds Ltd COM 909914103 $ 0.9072 45500 SOLE 45500
U.S. West, Inc. COM 91273H101 $ 2.2808 31678 SOLE 31678
UnumProvident Corp COM 91529y106 $ 0.7398 23075 SOLE 23075
Van Kampen Merr Value Mun Tr COM 921132106 $ 0.1296 10800 SOLE 10800
Varian Inc. COM 922206107 $ 1.2553 55790 SOLE 55790
Varian Semiconductor Equipment COM 922207105 $ 0.7801 22945 SOLE 22945
Varian Medical Systems, Inc. COM 92220p105 $ 0.4376 14680 SOLE 14680
Viad Corp COM 92552R109 $ 2.7195 97561 SOLE 97561
Warner Lambert Co COM 934488107 $ 6.4396 78591 SOLE 78591
Washington Mutual, Inc. COM 939322103 $ 6.8618 265190 SOLE 265190
Waste Management, Inc. COM 94106L109 $ 1.2247 71255 SOLE 71255
Westwood One Inc COM 961815107 $ 0.5035 6625 SOLE 6625
Whitman Corp. COM 96647r107 $ 0.3642 27100 SOLE 27100
Williams Cos Inc. COM 969457100 $ 4.3573 142570 SOLE 142570
Zions Bancorporation COM 989701107 $ 0.3285 5550 SOLE 5550
Ace Ltd ORD G0070k103 $ 2.3406 140260 SOLE 140260
PartnerRe Ltd COM G6852T105 $ 1.5909 49044 SOLE 49044
Triton Energy Ltd ORD G90751101 $ 0.2310 11200 SOLE 11200
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$ 308.741 12,294,437
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