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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: 03/31/2000
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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: OAK VALUE CAPITAL MANAGEMENT, INC.
Address: 3100 TOWER BOULEVARD, 7TH FLOOR
DURHAM, NC 27707
Form 13F File Number: 28-4628
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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: MARGARET C. LANDIS
Title:VICE PRESIDENT, DIRECTOR OF COMPLIANCE
Phone:919-419-1900
Signature, Place, and Date of Signing:
[s] Margaret C. Landis Durham, NC 05/08/2000
- ---------------------- ---------------------------- -------------------
[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).)
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Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
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Form 13F Information Table Entry Total: 61
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Form 13F Information Table Value Total: 1,413,319
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(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.]
NONE
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<TABLE>
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 DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Berkshire Hathaway - Cl. A 084670108 203289 3554 SH SOLE 3554
AFLAC COM 001055102 62060 1362093 SH SOLE 1222929 139164
18260 400775 SH DEFINED 01 400775
AT&T COM 001957109 27337 485455 SH SOLE 425405 60050
8503 151000 SH DEFINED 01 151000
Ambac Financial Group, Inc. COM 023139108 57347 1138411 SH SOLE 1008036 130375
19941 395850 SH DEFINED 01 395850
Avon Products COM 054303102 37384 1278083 SH SOLE 1108978 169105
13110 448200 SH DEFINED 01 448200
Berkshire Hathaway - Cl. A COM 084670108 24424 427 SH SOLE 365 62
7608 133 SH DEFINED 01 133
Berkshire Hathaway - Cl. B COM 084670207 67628 37158 SH SOLE 33798 3360
26925 14794 SH DEFINED 01 14794
Caremark Rx, Inc. COM 141705103 716 171032 SH SOLE 171032
Charter Communications Inc. COM 16117M107 14097 983840 SH SOLE 869865 113975
4826 336850 SH DEFINED 01 336850
Closure Medical Corporation COM 189093107 7250 276200 SH SOLE 276200
Coca Cola Co. COM 191216100 41932 893352 SH SOLE 785523 107829
12579 268000 SH DEFINED 01 268000
Compaq Computer Corp COM 204493100 11954 442725 SH SOLE 390875 51850
4183 154925 SH DEFINED 01 154925
Dun & Bradstreet COM 26483B106 37122 1296848 SH SOLE 1127823 169025
13170 460100 SH DEFINED 01 460100
E. W. Scripps Co. COM 811054204 65078 1341817 SH SOLE 1200202 141615
19382 399635 SH DEFINED 01 399635
Eastman Kodak Co. COM 277461109 28829 530800 SH SOLE 464175 66625
9190 169200 SH DEFINED 01 169200
Freddie Mac COM 313400301 19543 442275 SH SOLE 408375 33900
5204 117775 SH DEFINED 01 117775
GTE Corp. COM 362320103 15315 215700 SH SOLE 193525 22175
5937 83625 SH DEFINED 01 83625
Gillette Co. COM 375766102 40540 1075691 SH SOLE 948426 127265
13345 354095 SH DEFINED 01 354095
Household International Inc COM 441815107 40452 1084132 SH SOLE 959057 125075
17028 456375 SH DEFINED 01 456375
Intel Corp COM 458140100 772 5850 SH SOLE 5850
Interpublic Group COM 460690100 36358 769486 SH SOLE 676947 92539
15728 332875 SH DEFINED 01 332875
Johnson & Johnson COM 478160104 1774 25256 SH SOLE 25256
Markel Corp. COM 570535104 6576 45194 SH SOLE 45194
Merck & Co. COM 589331107 547 8800 SH SOLE 8800
Microsoft Corp COM 594918104 468 4407 SH SOLE 4407
Oakwood Homes COM 674098108 1158 303650 SH SOLE 303650
Pfizer Inc. COM 717081103 695 19000 SH SOLE 19000
Progressive Corp. COM 743315103 34795 457449 SH SOLE 401844 55605
16201 212990 SH DEFINED 01 212990
RLI Corp. COM 749607107 31836 950338 SH SOLE 830934 119404
3424 102200 SH DEFINED 01 102200
Schering Plough COM 806605101 482 12992 SH SOLE 12992
Tiffany & Co. COM 886547108 30890 369388 SH SOLE 329458 39930
9790 117070 SH DEFINED 01 117070
USA Networks, Inc. COM 902984103 9922 439770 SH SOLE 379795 59975
3610 160000 SH DEFINED 01 160000
United Asset Management Corp. COM 909420101 52509 3033036 SH SOLE 2740161 292875
19984 1154300 SH DEFINED 01 1154300
Valassis Communications Inc. COM 918866104 17947 538735 SH SOLE 461785 76950
4980 149500 SH DEFINED 01 149500
Walt Disney Co. COM 254687106 22300 540607 SH SOLE 489850 50757
6174 149678 SH DEFINED 01 149678
Washington Post Co. Class B COM 939640108 63898 118110 SH SOLE 105556 12554
19011 35140 SH DEFINED 01 35140
</TABLE>
