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, 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: Front Barnett Associates LLC
Address: 70 West Madison Street
Suite 4920
Chicago,IL 60602
13F File Number: 28-4680
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: Philip F. Lahey
Title: Principal
Phone: 312-641-9004
Signature, Place, and Date of Signing:
Philip F. Lahey Chicago, Illinois October 5, 2000
Report Type (Check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934.
<PAGE> FORM 13F SUMMARY PAGE
REPORT SUMMARY:
NUMBER OF OTHER INCLUDED MANAGERS: 0
FORM 13F INFORMATION TABLE ENTRY TOTAL: 159
FORM 13F INFORMATION TABLE VALUE TOTAL: $1,946,785,000
LIST OF OTHER INCLUDED MANAGERS:
NO. 13F FILE NUMBER NAME
<PAGE>
<TABLE> <C> <C>
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/00
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
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
A T & T CORP - LIBERTY MEDIA - COM 001957208 140 10320 SH SOLE 10320 0 0
A T & T CORP. COM 001957109 265 15378 SH SOLE 15378 0 0
ABBOTT LABORATORIES COM 002824100 8064 166474 SH SOLE 166474 0 0
ACE LIMITED COM G0070K103 382 9000 SH SOLE 9000 0 0
ALLSTATE CORPORATION COM 020002101 1279 29362 SH SOLE 29362 0 0
AMERICA ONLINE INC COM 02364J104 3024 86901 SH SOLE 86901 0 0
AMERICAN EXPRESS CO COM 025816109 1628 29628 SH SOLE 29628 0 0
AMERICAN HOME PRODUCTS CORPORA COM 026609107 1627 25600 SH SOLE 25600 0 0
AMERICAN INTERNATIONAL GROUP I COM 026874107 80451 816240 SH SOLE 816240 0 0
AMERICAN INTERNATIONAL GROUP I COM 026874107 492 4994 SH OTHER 4994 0 0
AMGEN INC COM 031162100 1343 21005 SH SOLE 21005 0 0
AMSOUTH BANCORPORATION COM 032165102 297 19492 SH SOLE 19492 0 0
AON CORP COM 037389103 586 17115 SH SOLE 17115 0 0
ARCHER DANIELS MIDLAND COM 039483102 275 18305 SH SOLE 18305 0 0
AUTOMATIC DATA PROCESSING INC COM 053015103 376 5940 SH SOLE 5940 0 0
BANK OF AMERICA CORPORATION COM 060505104 595 12975 SH SOLE 12975 0 0
BANK ONE CORP COM 06423A103 1576 43023 SH SOLE 43023 0 0
BAXTER INTERNATIONAL, INC. COM 071813109 915 10359 SH SOLE 10359 0 0
BELLSOUTH CORP COM 079860102 320 7829 SH SOLE 7829 0 0
BP AMOCO PLC - ADR COM 055622104 845 17644 SH SOLE 17644 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 1298 17552 SH SOLE 17552 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 59 800 SH OTHER 800 0 0
CARDINAL HEALTH INC COM 14149Y108 399 4008 SH SOLE 4008 0 0
CENTURYTEL, INC COM 156700106 483 13500 SH SOLE 13500 0 0
CHASE MANHATTAN BANK COM 16161A108 54511 1199681 SH SOLE 1199681 0 0
CHASE MANHATTAN BANK COM 16161A108 328 7225 SH OTHER 7225 0 0
CHEVRON CORP COM 166751107 499 5910 SH SOLE 5910 0 0
CISCO SYSTEMS, INC COM 17275R102 90929 2377222 SH SOLE 2377222 0 0
CISCO SYSTEMS, INC COM 17275R102 566 14800 SH OTHER 14800 0 0
CITIGROUP INC. COM 172967101 87982 1723035 SH SOLE 1723035 0 0
CITIGROUP INC. COM 172967101 130 2551 SH OTHER 2551 0 0
CLEAR CHANNEL COMMUNICATIONS COM 184502102 302 6243 SH SOLE 6243 0 0
COBRA ELECTRONICS CORPORATION COM 191042100 1576 286598 SH SOLE 286598 0 0
COCA COLA CO COM 191216100 1691 27744 SH SOLE 27744 0 0
COMERICA INC COM 200340107 205 3450 SH SOLE 3450 0 0
COMPUTER SCIENCES CORPORATION COM 205363104 360 5991 SH SOLE 5991 0 0
DISNEY, WALT, COMPANY COM 254687106 564 19505 SH SOLE 19505 0 0
DOW CHEMICAL CORP COM 260543103 336 9165 SH SOLE 9165 0 0
E M C CORPORATION COM 268648102 132933 1998992 SH SOLE 1998992 0 0
E M C CORPORATION COM 268648102 180 2700 SH OTHER 2700 0 0
EDWARDS A G INC COM 281760108 412 8686 SH SOLE 8686 0 0
ELAN CORP PLC ADR WARRANTS-CL WARRANT AND RIGH 284131703 318 5450 SH SOLE 5450 0 0
ELAN PLC - ADR COM 284131208 66870 1428467 SH SOLE 1428467 0 0
ELAN PLC - ADR COM 284131208 98 2100 SH OTHER 2100 0 0
EMERSON ELECTRIC CO COM 291011104 665 8438 SH SOLE 8438 0 0
ERICSSON, L M, TELEFON. ADR CL COM 294821400 49712 4443570 SH SOLE 4443570 0 0
ERICSSON, L M, TELEFON. ADR CL COM 294821400 48 4280 SH OTHER 4280 0 0
EXXON MOBIL CORPORATION COM 30231G102 2882 33146 SH SOLE 33146 0 0
EXXON MOBIL CORPORATION COM 30231G102 874 10052 SH OTHER 10052 0 0
FANNIE MAE COM 313586109 96032 1107000 SH SOLE 1107000 0 0
FANNIE MAE COM 313586109 152 1750 SH OTHER 1750 0 0
FEDERAL HOME LOAN MORTGAGE COR COM 313400301 1360 19750 SH SOLE 19750 0 0
FIRST DATA CORP COM 319963104 246 4675 SH SOLE 4675 0 0
FIRSTAR CORPORATION COM 33763V109 670 28809 SH SOLE 28809 0 0
GANNETT COMPANY, INC. COM 364730101 258 4084 SH SOLE 4084 0 0
GENERAL BINDING CORP COM 369154109 1608 238290 SH DEFINED 0 238290 0
GENERAL ELECTRIC COMPANY COM 369604103 76813 1602367 SH SOLE 1602367 0 0
GENERAL ELECTRIC COMPANY COM 369604103 97 2028 SH OTHER 2028 0 0
GILLETTE CO COM 375766102 451 12474 SH SOLE 12474 0 0
GLAXOSMITHKLINE PLC COM 37733W105 465 8194 SH SOLE 8194 0 0
HALLIBURTON CO COM 406216101 224 6170 SH SOLE 6170 0 0
HARLEY DAVIDSON INC COM 412822108 225 5650 SH DEFINED 1650 4000 0
HEWLETT PACKARD CO COM 428236103 675 21400 SH SOLE 21400 0 0
HOME DEPOT INC COM 437076102 66921 1464749 SH SOLE 1464749 0 0
HOME DEPOT INC COM 437076102 162 3550 SH OTHER 3550 0 0
HONEYWELL INTERNATIONAL, INC. COM 438516106 454 9599 SH SOLE 9599 0 0
HOUSEHOLD INTERNATIONAL INC COM 441815107 64776 1177741 SH SOLE 1177741 0 0
HOUSEHOLD INTERNATIONAL INC COM 441815107 418 7600 SH OTHER 7600 0 0
HSBC HOLDINGS PLC - ADR COM 404280406 236 3201 SH SOLE 3201 0 0
ILLINOIS TOOL WORKS INC COM 452308109 58107 975566 SH DEFINED 966348 9218 0
ILLINOIS TOOL WORKS INC COM 452308109 1056 17725 SH OTHER 17725 0 0
INTEL CORP COM 458140100 83448 2775833 SH SOLE 2775833 0 0
INTEL CORP COM 458140100 198 6600 SH OTHER 6600 0 0
INTERNATIONAL BUSINESS MACHINE COM 459200101 6175 72643 SH SOLE 72643 0 0
J T S CORPORATION COM 465940104 0 10000 SH OTHER 10000 0 0
JOHNSON & JOHNSON COM 478160104 63844 607680 SH SOLE 607680 0 0
JOHNSON & JOHNSON COM 478160104 273 2600 SH OTHER 2600 0 0
KIMBERLY CLARK CORP COM 494368103 212 3000 SH SOLE 3000 0 0
KINDER MORGAN INC COM 49455P101 587 11250 SH SOLE 11250 0 0
LILLY, ELI AND COMPANY COM 532457108 65077 699281 SH SOLE 699281 0 0
LILLY, ELI AND COMPANY COM 532457108 293 3150 SH OTHER 3150 0 0
LITTELFUSE INC COM 537008104 310 10835 SH SOLE 10835 0 0
LUCENT TECHNOLOGIES INC COM 549463107 250 18496 SH SOLE 18496 0 0
M B N A CORPORATION COM 55262L100 945 25573 SH SOLE 25573 0 0
McGRAW-HILL COMPANIES INC COM 580645109 680 11600 SH SOLE 11600 0 0
MC DONALD'S CORP COM 580135101 451 13260 SH SOLE 13260 0 0
MEDTRONIC INC COM 585055106 74454 1233185 SH SOLE 1233185 0 0
MEDTRONIC INC COM 585055106 447 7400 SH OTHER 7400 0 0
MELLON FINANCIAL CORP COM 58551A108 67344 1369121 SH SOLE 1369121 0 0
MERCK & CO COM 589331107 9943 106198 SH SOLE 106198 0 0
MERRILL LYNCH & CO INC COM 590188108 213 3118 SH SOLE 3118 0 0
MICROSOFT CORP COM 594918104 63528 1464620 SH SOLE 1464620 0 0
MICROSOFT CORP COM 594918104 247 5700 SH OTHER 5700 0 0
MINNESOTA MINING & MANUFACTURI COM 604059105 477 3960 SH SOLE 3960 0 0
MOLEX INC COM 608554101 535 15082 SH SOLE 15082 0 0
MOLEX, INC., CLASS A COM 608554200 480 18851 SH SOLE 18851 0 0
MORGAN J.P. & CO INC COM 616880100 4878 29477 SH SOLE 29477 0 0
MORGAN STANLEY, DEAN WITTER & COM 617446448 1784 22505 SH SOLE 22505 0 0
MOTOROLA INC COM 620076109 543 26815 SH SOLE 26815 0 0
NORTHERN TRUST CORPORATION COM 665859104 4730 57988 SH SOLE 57988 0 0
OLD KENT FINANCIAL CORP COM 679833103 522 11934 SH SOLE 11934 0 0
OMNICOM GROUP COM 681919106 2769 33414 SH SOLE 33414 0 0
ORACLE CORPORATION COM 68389X105 504 17346 SH SOLE 17346 0 0
ORACLE CORPORATION COM 68389X105 17 600 SH OTHER 600 0 0
P N C FINANCIAL SERVICES GROUP COM 693475105 241 3300 SH SOLE 3300 0 0
PAYCHEX INC COM 704326107 498 10234 SH SOLE 10234 0 0
PEPSICO INC COM 713448108 44518 898229 SH SOLE 898229 0 0
PEPSICO INC COM 713448108 89 1800 SH OTHER 1800 0 0
PFIZER INC COM 717081103 72529 1576714 SH SOLE 1576714 0 0
PFIZER INC COM 717081103 89 1925 SH OTHER 1925 0 0
PHARMACIA CORP COM 71713U102 368 6039 SH SOLE 6039 0 0
PHILIP MORRIS COS INC COM 718154107 1270 28856 SH SOLE 28856 0 0
PLANTRONICS, INC COM 727493108 338 7185 SH SOLE 7185 0 0
PROCTER & GAMBLE COMPANY COM 742718109 2927 37313 SH SOLE 37313 0 0
QUAKER OATS CO COM 747402105 428 4400 SH SOLE 4400 0 0
QWEST COMMUNICATIONS INTERNATI COM 749121109 192 4696 SH SOLE 4696 0 0
QWEST COMMUNICATIONS INTERNATI COM 749121109 245 6000 SH OTHER 6000 0 0
RAYOVAC CORP COM 755081106 327 23035 SH SOLE 23035 0 0
REUTERS GROUP PLC - ADR COM 76132M102 324 3289 SH SOLE 3289 0 0
ROYAL DUTCH PETROLEUM CO - N Y COM 780257804 529 8735 SH SOLE 8735 0 0
S B C COMMUNICATIONS, INC COM 78387G103 1090 22822 SH SOLE 22822 0 0
S P X CORPORATION COM 784635104 56389 521214 SH SOLE 521214 0 0
S P X CORPORATION COM 784635104 289 2667 SH OTHER 2667 0 0
SAFEWAY INC COM 786514208 218 3480 SH SOLE 3480 0 0
SCHERING PLOUGH CORP COM 806605101 2804 49415 SH SOLE 49415 0 0
SCHLUMBERGER, LTD. COM 806857108 305 3816 SH SOLE 3816 0 0
SNAP-ON INCORPORATED COM 833034101 249 8950 SH SOLE 8950 0 0
ST PAUL COMPANIES INC COM 792860108 458 8435 SH SOLE 8435 0 0
STATE STREET CORP COM 857477103 417 3358 SH SOLE 3358 0 0
SUCCESS BANCSHARES INC COM 864578109 241 20088 SH DEFINED 0 20088 0
SUN MICROSYSTEMS INC COM 866810104 2289 82134 SH SOLE 82134 0 0
SUNTRUST BANKS, INC. COM 867914103 484 7675 SH SOLE 7675 0 0
SYSCO CORPORATION COM 871829107 266 8856 SH SOLE 8856 0 0
TELLABS INC COM 879664100 141 2500 SH SOLE 2500 0 0
TELLABS INC COM 879664100 68 1200 SH OTHER 1200 0 0
TEXACO INC COM 881694103 441 7093 SH SOLE 7093 0 0
TIME WARNER INC COM 887315109 38813 742975 SH SOLE 742975 0 0
TIME WARNER INC COM 887315109 149 2850 SH OTHER 2850 0 0
TRIBUNE CO COM 896047107 280 6620 SH SOLE 6620 0 0
TYCO INTERNATIONAL LTD COM 902124106 94968 1711142 SH DEFINED 1202136 509006 0
TYCO INTERNATIONAL LTD COM 902124106 369 6650 SH OTHER 6650 0 0
UNUMPROVIDENT CORPORATION COM 91529Y106 19211 714838 SH SOLE 714838 0 0
UNUMPROVIDENT CORPORATION COM 91529Y106 139 5170 SH OTHER 5170 0 0
VERIZON COMMUNICATIONS COM 92343V104 379 7568 SH SOLE 7568 0 0
VISHAY INTERTECHNOLOGY COM 928298108 406 26848 SH SOLE 26848 0 0
VODAFONE GROUP PLC - ADR COM 92857W100 59954 1674110 SH SOLE 1674110 0 0
VODAFONE GROUP PLC - ADR COM 92857W100 287 8025 SH OTHER 8025 0 0
WACHOVIA CORPORATION COM 929771103 383 6592 SH SOLE 6592 0 0
WAL MART STORES, INC. COM 931142103 37910 713605 SH SOLE 713605 0 0
WAL MART STORES, INC. COM 931142103 80 1500 SH OTHER 1500 0 0
WALGREEN CO COM 931422109 53329 1275421 SH SOLE 1275421 0 0
WALGREEN CO COM 931422109 270 6450 SH OTHER 6450 0 0
WALLACE COMPUTER SERVICES INC COM 932270101 1590 93502 SH DEFINED 0 93502 0
WELLS FARGO & COMPANY COM 949746101 2492 44748 SH SOLE 44748 0 0
WESCO FINANCIAL CORPORATION COM 950817106 366 1300 SH SOLE 1300 0 0
WILLAMETTE INDUSTRIES, INC. COM 969133107 331 7055 SH SOLE 7055 0 0
WORLDCOM INC COM 98157D106 14535 1033581 SH SOLE 1033581 0 0
WORLDCOM INC COM 98157D106 103 7300 SH OTHER 7300 0 0
XEROX CORP COM 984121103 126 27180 SH SOLE 27180 0 0
</TABLE>
