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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13f Cover Page
Report for the Calendar Year or Quarter Ended September 30, 1999
If amended report check here: |_| Amendment Number: ____
This Amendment (Check only one): |_| is a restatement
|_| adds new holding
entries.
Palisade Capital Management, L.L.C.
- --------------------------------------------------------------------------------
Name of Institutional Investment Manager
One Bridge Plaza, Suite 695 Fort Lee NJ 07024
- --------------------------------------------------------------------------------
Business Address (Street) (City) (State) (Zip)
13F File Number: 28-5320
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, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Steven Berman Member (201) 585-7733
- --------------------------------------------------------------------------------
Name (Title) (Phone)
/s/ STEVEN BERMAN
------------------------------------------
(Manual Signature of Person Duly
Authorized to Submit This Report)
Fort Lee, NJ 07024 October 20, 1999
------------------------------------------
(Place and Date of Signing)
Report Type:
[X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 238
Form 13F Information Table Value Total: $2,230,337
(thousands)
List of Other Included Managers:
Name and 13F file numbers of ALL Institutional Investment Managers with respect
to which this schedule is filed (other than the one filing this report): (List
in alphabetical order).
[If there are no entries in this list, state "NONE" and omit the column headings
and list entries.]
13F File Numbers will be assigned to Institutional Investment Managers after
they file their first report.
13F File No.: Name: 13F File No.: Name:
------------- --------------------- ------------- ---------------------
1. NONE 6.
------------- --------------------- ------------- ---------------------
2. 7.
------------- --------------------- ------------- ---------------------
3. 8.
------------- --------------------- ------------- ---------------------
4. 9.
------------- --------------------- ------------- ---------------------
5. 10.
------------- --------------------- ------------- ---------------------
<PAGE>
PALISADE CAPITAL MANAGEMENT, L.L.C.
FORM 13F
September 30, 1999
PAGE 1
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
Investment Discretion Voting Authority
Title of
Security Class CUSIP Market Value Quantity Sole Managers Sole
- ------------------------------------------------------------------------------------------------------------------------------------
COMMON STOCK:
<S> <C> <C> <C> <C> <C> <C> <C>
Thermo Information Solutions Inc.(Pvt) COM 999999999 999,000 111,000 x 1 111,000
Trex Communications Corporation (Pvt) COM 999999999 1,000,000 250,000 x 1 250,000
AAR Corp COM 000361105 14,193,000 788,500 x 1 788,500
ABM Industries Inc COM 000957100 33,507,688 1,320,500 x 1 1,320,500
AMFM Inc. COM 001693100 10,441,163 171,871 x 1 171,871
AMR Corp COM 001765106 397,850 7,300 x 1 7,300
ASM Pacific Technology Ltd Shs COM G0535Q109 118,750 100,000 x 1 100,000
AT & T COM 001957109 3,461,034 79,564 x 1 79,564
Abbott Labs COM 002824100 330,188 9,000 x 1 9,000
Adaptec Inc. COM 00651F108 5,446,752 137,241 x 1 137,241
Adelphia Communications Corp CL A COM 006848105 16,256,481 276,412 x 1 276,412
Affiliated Computer Services Cl A COM 008190100 11,362,813 279,700 x 1 279,700
Airgas Inc. COM 009363102 13,396,650 1,152,400 x 1 1,152,400
Airgate PCS Inc. COM 009367103 2,487,500 100,000 x 1 100,000
Alberto - Culver Company CL A COM 013068200 6,256,088 319,800 x 1 319,800
Alcatel Sponsored ADR COM 013904305 2,546,118 91,752 x 1 91,752
Allscripts Inc ( Rstd ) COM 019886100 9,592,421 604,247 x 1 604,247
Allscripts Inc. COM 019886100 5,271,183 332,043 x 1 332,043
Allstate Corporation COM 020002101 386,531 15,500 x 1 15,500
America Online Inc. COM 02364J104 509,698 4,898 x 1 4,898
American General COM 026351106 5,479,348 86,630 x 1 86,630
American International Group Inc. COM 026874107 306,976 3,531 x 1 3,531
American Italian Pasta Co CL A COM 027070101 10,800,213 377,300 x 1 377,300
American Tower Corp. Cl A COM 029912201 4,497,834 229,189 x 1 229,189
Americredit Corp COM 03060R101 31,622,688 2,117,000 x 1 2,117,000
Amgen COM 031162100 277,100 3,400 x 1 3,400
Angiosonics Inc. Rstd COM 9300254 0 100,000 x 1 100,000
Ann Taylor Stores Corp COM 036115103 42,774,747 1,046,477 x 1 1,046,477
Apache Corp COM 037411105 10,974,246 254,107 x 1 254,107
Applebees International Inc. COM 037899101 46,165,350 1,370,400 x 1 1,370,400
Arrow Electronics Inc COM 042735100 19,725,900 1,119,200 x 1 1,119,200
Associates First Capital Corp Cl A COM 046008108 244,800 6,800 x 1 6,800
Avista Corp COM 05379B107 403,938 23,000 x 1 23,000
Baldor Electric Co. COM 057741100 17,442,025 921,031 x 1 921,031
Ball Corp. COM 058498106 18,316,781 415,700 x 1 415,700
Barpoint.Com Inc. COM 068296102 46,875 10,000 x 1 10,000
Bell Atlantic Corp COM 077853109 215,400 3,200 x 1 3,200
Bestfoods COM 08658U101 388,500 8,000 x 1 8,000
Bisys Group Inc. COM 055472104 11,961,094 255,000 x 1 255,000
Bradley Real Estate, Inc. COM 104580105 407,925 22,200 x 1 22,200
Bristol Myers Squibb Co. COM 110122108 215,865 3,198 x 1 3,198
Buffets Inc. COM 119882108 9,852,188 847,500 x 1 847,500
CNF Transportation Inc. COM 12612W104 11,733,750 315,000 x 1 315,000
CNY Financial Corp. COM 12613U107 146,625 10,200 x 1 10,200
CVS Corporation COM 126650100 6,693,250 164,000 x 1 164,000
Callaway Golf Company COM 131193104 5,897,531 483,900 x 1 483,900
Carnival Corp - Class A COM 143658102 261,000 6,000 x 1 6,000
Chase Manhattan Corp COM 16161A108 1,472,828 19,540 x 1 19,540
Chattem Inc. COM 162456107 18,410,053 834,450 x 1 834,450
Chevron Corp COM 166751107 9,727,710 109,608 x 1 109,608
Cisco Systems Inc COM 17275R102 555,356 8,100 x 1 8,100
Citigroup Inc. COM 172967101 13,155,824 298,996 x 1 298,996
Citizens Utilities Co - CL B COM 177342201 12,498,231 1,104,816 x 1 1,104,816
Citrix Systems Inc. COM 177376100 9,869,679 159,349 x 1 159,349
Claires Stores Inc COM 179584107 10,292,766 621,450 x 1 621,450
Columbia / HCA HealthCare Corp COM 197677107 473,541 22,350 x 1 22,350
Comcast Corp -Special CL A COM 200300200 3,302,767 82,828 x 1 82,828
Comdisco Inc COM 200336105 24,122,278 1,249,050 x 1 1,249,050
Commerce Bancorp Inc.- NJ COM 200519106 23,036,204 555,089 x 1 555,089
Comnet Corporation COM 204171102 4,491,200 80,200 x 1 80,200
Comverse Technology Inc. New COM 205862102 7,895,843 83,720 x 1 83,720
Cooper Companies Inc COM 216648402 1,945,125 63,000 x 1 63,000
Corporate Express Inc. COM 219888104 11,366,513 1,208,400 x 1 1,208,400
Cort Business Services Corp COM 220493100 242,813 10,500 x 1 10,500
Costco Wholesale Corp New COM 22160Q102 10,832,184 150,447 x 1 150,447
Credence Systems Corp COM 225302108 11,218,750 250,000 x 1 250,000
Cullen / Frost Bankers COM 229899109 5,515,000 220,600 x 1 220,600
DRS Technologies Inc. COM 23330X100 7,741,240 774,124 x 1 774,124
Dain Rauscher Corp. COM 233856103 23,760,100 484,900 x 1 484,900
Dan River Inc. COM 235774106 82,550 12,700 x 1 12,700
Dell Computer Corp COM 247025109 225,788 5,400 x 1 5,400
Devon Energy Corp Okla COM 251799102 11,304,564 272,810 x 1 272,810
Disney (Walt ) Company COM 254687106 1,330,290 51,165 x 1 51,165
Dollar Tree Stores Inc COM 256747106 40,596,469 1,016,500 x 1 1,016,500
Dominion Res Inc V.A. COM 257470104 203,063 4,500 x 1 4,500
Doubleclick Inc. COM 258609304 9,385,501 78,787 x 1 78,787
Duff & Phelps Credit Rating Co. COM 26432F109 15,843,613 198,200 x 1 198,200
E M C Corp Mass COM 268648102 24,081,283 337,391 x 1 337,391
Eastern Enterprises Hldgs Co COM 27637F100 52,622,743 1,133,195 x 1 1,133,195
Elan Corp PLC ADR COM 284131208 5,260,922 156,750 x 1 156,750
Elcor Corp. COM 284443108 11,210,000 448,400 x 1 448,400
Eli Lilly & Company COM 532457108 1,444,219 22,500 x 1 22,500
Entertainment Properties TR COM 29380T105 4,460,625 305,000 x 1 305,000
Equity Residential Properties Tr COM 29476L107 5,413,745 127,758 x 1 127,758
Ericsson L.M. Tel Co CL B Ser 10 ADR COM 294821400 259,375 8,300 x 1 8,300
Etec Systems Inc. COM 26922c103 8,202,250 218,000 x 1 218,000
Exxon Corp COM 302290101 217,360 2,860 x 1 2,860
Fair Issac & Company Inc. COM 303250104 6,892,150 245,600 x 1 245,600
Freddie Mac COM 313400301 221,520 4,260 x 1 4,260
Fresh Del Monte Produce Inc. COM G36738105 20,342,231 1,818,300 x 1 1,818,300
Furniture Brands Intl Inc. COM 360921100 3,872,531 196,700 x 1 196,700
GST Telecommunications Inc. COM 361942105 4,253,906 605,000 x 1 605,000
GTE Corp. COM 362320103 289,819 3,770 x 1 3,770
Galileo Technology Ltd. COM m47298100 9,875,000 395,000 x 1 395,000
General Electric Co. COM 369604103 518,711 4,375 x 1 4,375
Georgia Pacific Corp COM 373298108 299,238 7,400 x 1 7,400
Global Telesystems Group Inc. COM 37936U104 4,915,135 249,262 x 1 249,262
Hamilton Bancorp Inc. COM 407013101 2,802,875 131,900 x 1 131,900
Handleman Co Dell Com COM 410252100 30,106,650 2,272,200 x 1 2,272,200
Harcourt General Inc COM 41163G101 2,014,650 48,400 x 1 48,400
Harrahs Entertainment COM 413619107 510,600 18,400 x 1 18,400
Heico Corporation Class A ( New ) COM 422806208 14,310,450 743,400 x 1 743,400
Hewlett-Packard Co COM 428236103 5,299,800 58,400 x 1 58,400
Holt's Cigar Holding Inc. COM 436598106 1,878,127 500,834 x 1 500,834
Home Depot Inc COM 437076102 22,607,340 329,433 x 1 329,433
Home Properties Of New York COM 437306103 13,446,104 503,835 x 1 503,835
ICG Communications Inc. COM 449246107 6,046,031 388,500 x 1 388,500
ITC Deltacom Inc. COM 45031T104 27,683,315 1,006,666 x 1 1,006,666
Indymac Mtg Hldgs Inc. COM 456607100 11,082,000 738,800 x 1 738,800
Insight Communications Inc. Cl A COM 45768v108 13,453,750 470,000 x 1 470,000
Intel Corp COM 458140100 449,591 6,050 x 1 6,050
Interim Services Inc. COM 45868P100 15,940,113 973,442 x 1 973,442
Intermedia Communications Inc. COM 458801107 36,022,937 1,656,227 x 1 1,656,227
International Multifoods Corp. COM 460043102 209,300 9,100 x 1 9,100
International Paper Co. COM 460146103 10,204,101 212,309 x 1 212,309
Interpublic Group of Companies COM 460690100 9,515,749 231,386 x 1 231,386
Interstate Bakeries Corp COM 46072H108 10,131,661 440,507 x 1 440,507
Intertan Inc. COM 461120107 44,403,525 2,262,600 x 1 2,262,600
Intl Business Machines Corp COM 459200101 4,840,363 40,003 x 1 40,003
Investment Technology Group COM 46145f105 21,590,100 938,700 x 1 938,700
Iron Mountain Inc. COM 46284P104 28,122,009 830,170 x 1 830,170
JDN Realty Corp COM 465917102 682,650 33,300 x 1 33,300
Jefferies Group Inc. ( New ) COM 472319102 4,415,063 211,500 x 1 211,500
Johnson and Johnson COM 478160104 493,828 5,375 x 1 5,375
Jones Intercable Inc. Cl-A COM 480206200 17,759,531 328,500 x 1 328,500
Kaydon Corp COM 486587108 9,499,763 381,900 x 1 381,900
Keyspan Corp. COM 49337w100 360,675 12,600 x 1 12,600
Kirby Corp COM 497266106 4,046,675 206,200 x 1 206,200
Korn/Ferry International COM 500643200 15,269,681 662,100 x 1 662,100
Kroll - O'Gara Company COM 501050108 8,285,344 496,500 x 1 496,500
L-3 Communications Corp COM 502424104 23,650,375 626,500 x 1 626,500
LSI Logic Corp COM 502161102 7,040,488 135,394 x 1 135,394
LTC Properties Inc. COM 502175102 136,691 12,865 x 1 12,865
Lamar Advertising Co. Cl-A COM 512815101 6,796,202 137,297 x 1 137,297
Lennar Corporation COM 526057104 4,832,760 303,232 x 1 303,232
Liberty Property Trust. COM 531172104 567,188 25,000 x 1 25,000
Loews Corp. COM 540424108 2,168,794 30,900 x 1 30,900
MKS Instruments Inc. COM 55306N104 1,112,500 50,000 x 1 50,000
Mack - Cali Realty Corp COM 554489104 1,063,116 39,650 x 1 39,650
Magna Intl Inc Class A COM 559222401 7,530,936 151,566 x 1 151,566
Mail Well Inc. COM 560321200 7,569,187 545,527 x 1 545,527
Manitowoc Co Inc. COM 563571108 16,234,491 475,736 x 1 475,736
Maximus Inc. COM 577933104 4,592,413 153,400 x 1 153,400
Mediaone Group Inc. COM 58440j104 249,341 3,650 x 1 3,650
Merck & Co COM 589331107 574,887 8,870 x 1 8,870
Micros Systems Inc. COM 594901100 2,377,350 58,700 x 1 58,700
Microsoft Corp COM 594918104 5,220,928 57,650 x 1 57,650
Mid Atlantic Realty Trust COM 595232109 12,727,414 1,219,393 x 1 1,219,393
Mobil Corp COM 607059102 226,486 2,248 x 1 2,248
Monsanto Co COM 611662107 11,819,522 331,195 x 1 331,195
Motorola Inc COM 620076109 4,296,512 48,824 x 1 48,824
N U I Corp COM 629430109 3,838,725 155,100 x 1 155,100
National Computer Systems COM 635519101 40,908,947 1,066,900 x 1 1,066,900
National Data Corp COM 635621105 27,164,072 1,044,772 x 1 1,044,772
National Health Investors COM 63633D104 4,199,798 255,501 x 1 255,501
Networks Associates Inc. COM 640938106 4,936,928 258,140 x 1 258,140
New England Business Service COM 643872104 41,729,784 1,460,999 x 1 1,460,999
New Horizons Worldwide Inc. COM 645526104 13,081,095 824,006 x 1 824,006
Newfield Exploration Co COM 651290108 6,517,244 197,867 x 1 197,867
News Corp Ltd ADR COM 652487703 6,368,265 223,939 x 1 223,939
Newsedge Corp. COM 65249q106 302,475 32,700 x 1 32,700
Niagara Mohawk Holdings Inc. COM 653520106 389,063 25,000 x 1 25,000
Nichols Research Corp COM 653818104 24,114,502 905,709 x 1 905,709
Nova Corporation COM 669784100 54,952,500 2,198,100 x 1 2,198,100
Office Depot Inc COM 676220106 1,780,800 169,600 x 1 169,600
Omnipoint Corp COM 68212D102 9,993,132 178,848 x 1 178,848
Owens Illinois Inc. COM 690768403 5,251,957 265,083 x 1 265,083
Pacific Sunwear of Calif COM 694873100 5,609,053 200,100 x 1 200,100
Paradyne Networks Inc. COM 69911g107 700,000 25,000 x 1 25,000
Park Electrochemical Corp COM 700416209 5,580,794 169,758 x 1 169,758
Parker Drilling Co COM 701081101 3,211,938 723,817 x 1 723,817
Penn Treaty American Corp COM 707874103 14,637,884 701,216 x 1 701,216
Petsmart Inc COM 716768106 4,810,999 1,293,714 x 1 1,293,714
Pfizer Corp. COM 717081103 1,964,156 54,750 x 1 54,750
Philadelphia Suburban Corp COM 718009608 16,992,074 721,149 x 1 721,149
Philip Morris Cos. COM 718154107 609,905 17,840 x 1 17,840
Photronics Inc COM 719405102 16,252,805 724,359 x 1 724,359
Piedmont Natural Gas Co. Inc. COM 720186105 4,255,875 140,400 x 1 140,400
Pier 1 Imports Inc COM 720279108 22,820,326 3,477,383 x 1 3,477,383
Pierce Leahy Corp COM 720722107 29,772,406 1,253,575 x 1 1,253,575
Placer Dome Inc COM 725906101 371,875 25,000 x 1 25,000
Polaroid Corp COM 731095105 33,005,700 1,269,450 x 1 1,269,450
Potomac Electric Power COM 737679100 12,936,877 508,575 x 1 508,575
Premier Parks Inc. COM 740540208 5,488,424 189,256 x 1 189,256
Protective Life Corp COM 743674103 4,945,080 170,520 x 1 170,520
Psinet Inc. COM 74437C101 8,218,320 228,485 x 1 228,485
Public Service Enterprise Group Inc COM 744573106 443,222 11,475 x 1 11,475
Qwest Communications Intl COM 749121109 12,116,191 409,850 x 1 409,850
Ritchie Bros. Auctioneers Inc. COM 767744105 950,000 25,000 x 1 25,000
Rite Aid Corp COM 767754104 2,570,423 186,094 x 1 186,094
Roche Holding Ltd. Spon ADR COM 771195104 5,305,969 45,851 x 1 45,851
S3 Inc. COM 784849101 7,232,144 692,900 x 1 692,900
SBC Communications Inc. COM 78387G103 286,665 5,614 x 1 5,614
STMicroelectronics COM 784213100 7,629,993 103,021 x 1 103,021
Safeguard Scientifics Inc COM 786449108 9,385,020 138,015 x 1 138,015
Schering - Plough Corp COM 806605101 897,715 20,578 x 1 20,578
Schlumberger Ltd COM 806857108 269,502 4,325 x 1 4,325
School Specialty Inc COM 807863105 8,226,563 487,500 x 1 487,500
Scott Technologies COM 810022301 18,353,675 929,300 x 1 929,300
Seagate Technology Inc COM 811804103 2,716,438 88,700 x 1 88,700
Sealed Air Corp COM 81211K100 6,210,865 121,040 x 1 121,040
Siebel Systems Inc. COM 826170102 5,357,716 80,416 x 1 80,416
Sizeler Property Invs. COM 830137105 5,631,238 648,200 x 1 648,200
Sli Inc. COM 78442t108 19,816,363 929,800 x 1 929,800
Solectron Corp COM 834182107 7,208,970 100,386 x 1 100,386
Strayer Education Inc. COM 863236105 12,123,750 610,000 x 1 610,000
Summit Properties Inc. COM 866239106 7,891,263 395,800 x 1 395,800
TMP Worldwide Inc. COM 872941109 1,552,313 25,500 x 1 25,500
Techne Corp COM 878377100 6,805,238 216,900 x 1 216,900
Telefonos De Mexico COM 879403780 8,699,696 122,101 x 1 122,101
Telehublink Corporation COM 87942L101 153,750 123,000 x 1 123,000
Terex Corp COM 880779103 7,339,500 233,000 x 1 233,000
Texas Industries Inc. COM 882491103 6,945,640 187,720 x 1 187,720
Thermo Electron Corp COM 883556102 3,170,968 235,979 x 1 235,979
Thermo Instrument Systems COM 883559106 1,511,213 141,400 x 1 141,400
Time Warner Inc. COM 887315109 8,799,638 144,850 x 1 144,850
Tower Automotive Inc. COM 891707101 4,977,059 251,208 x 1 251,208
Transaction Systems Architects Cl A COM 893416107 17,105,313 635,000 x 1 635,000
Triple P NV COM N88795104 40,000 20,000 x 1 20,000
U S West Inc. New COM 91273H101 2,180,929 38,220 x 1 38,220
U.S. Trust Corp New COM 91288L105 4,573,338 56,900 x 1 56,900
Ultratech Stepper Inc. COM 904034105 1,912,500 150,000 x 1 150,000
Union Pacific Corp COM 907818108 12,640,149 262,994 x 1 262,994
United Illuminating Co. COM 910637107 7,217,550 149,200 x 1 149,200
United Stationers Inc COM 913004107 23,124,063 1,085,000 x 1 1,085,000
United Technologies Corp COM 913017109 305,934 5,158 x 1 5,158
UnitedGlobalcom Cl A COM 913247508 8,920,965 124,551 x 1 124,551
Unocal Inc. COM 915289102 12,474,496 336,580 x 1 336,580
Valley National Bancorp COM 919794107 5,519,763 221,900 x 1 221,900
VerticalNet Inc. COM 92532L107 7,400,000 200,000 x 1 200,000
Viacom Inc CL B COM 925524308 2,581,475 61,100 x 1 61,100
Vodafone ADR COM 92857T107 3,423,600 14,400 x 1 14,400
Volt Information Sciences Inc. COM 928703107 20,689,082 853,158 x 1 853,158
Wal-Mart Stores Inc COM 931142103 428,063 9,000 x 1 9,000
Warner Lambert Corp COM 934488107 398,250 6,000 x 1 6,000
Washington Gas Light Co. COM 938837101 7,529,900 277,600 x 1 277,600
Washington Mutual Inc. COM 939322103 2,076,750 71,000 x 1 71,000
Wells Fargo Company COM 949746101 495,313 12,500 x 1 12,500
Wendys Intl Inc COM 950590109 14,278,333 538,805 x 1 538,805
Xerox Corporation COM 984121103 6,303,374 150,304 x 1 150,304
Zale Corp COM 988858106 8,095,431 211,300 x 1 211,300
Zebra Technologies Corp CL A COM 989207105 7,275,000 160,000 x 1 160,000
Ziff-Davis Inc. - ZDNet COM 989511209 850,000 40,000 x 1 40,000
-------------
Subtotal: 2,170,767,422
WARRANTS:
Warrants Insignia Financial Group Inc. WTS 45767A113 145,000 145,000 x 1 145,000
-------------
Subtotal: 145,000
-------------
GRAND TOTAL: 2,170,912,422
-------------
</TABLE>
