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
Check here if Amendment [ ] ; Amendment Number:
This Amendment (Check only one.) : [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investor Manager Filing this Report:
Name: Holland Capital Management, L.P.
Address: 35 West Wacker Drive
Suite 3260
Chicago, IL 60601
13F File Number: 28-4636
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: Louis A. Holland
Title: Managing Partner & Chief Investment Officer
Phone: 312/553-1022
Signature, Place, and Date of Signing:
Louis A. Holland Chicago, Illinois November 1, 1999
Report Type (Check only one.):
[ x ] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager: NONE
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITES EXCHANGE ACT OF 1934.
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FORM 13F SUMMARY PAGE
REPORT SUMMARY:
NUMBER OF OTHER INCLUDED MANAGERS: 0
FORM 13F INFORMATION TABLE ENTRY TOTAL: 92
FORM 13F INFORMATION TABLE VALUE TOTAL: $311,228,000
LIST OF OTHER INCLUDED MANAGERS:
13F FILE NUMBER NAME
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HOLLAND CAPITAL MANAGEMENT
FORM 13F INFORMATION TABLE
INVESTMENT
DISCRETION
SHARED
TITLE CUSIP MARKET PRIN SOLE SHR OTHR
NAME OF ISSUER OF CLASS NUMBER VALUE AMOUNT (A) (B) (C)
<C> <C> <C> <C> <C> <C> <C> <C>
D ABBOTT LABS COM COMMON 002824100 4,374,067 119,225 X X
D AES CORP COMMON 00130H105 4,852,75 82,250 X X
D AFFILIATED COMPUTER S COMMON 008190100 3,668,438 90,300 X X
D ALBERTSONS INC COMMON 013104104 2,552,770 64,525 X X
D AMERICAN HOME PRODS C COMMON 026609107 2,371,352 57,141 X X
D AMERICAN INTL GROUP I COMMON 026874107 9,202,573 105,853 X X
D AMERICAN MGMT SYS INC COMMON 027352103 1,578,501 61,525 X X
D AT & T CORP. COMMON 001957109 9,339,494 214,701 X X
D AUTOMATIC DATA PROCES COMMON 053015103 7,362,009 164,975 X X
D BANK ONE CORP COMMON 06423A103 2,134,006 61,300 X X
D BP AMOCO ADS COMMON 055622104 3,905,254 70,484 X
D CARNIVAL CRUISE LINE COMMON 143658102 6,380,363 146,675 X X
D CISCO SYS INC COMMON 17275R102 11,925,076 173,930 X X
D CITIGROUP INC. COMMON 172967101 4,468,728 101,562 X X
D CLOROX CO COMMON 189054109 4,788,900 125,200 X X
D COCA COLA CO COMMON 191216100 1,936,128 40,127 X X
D COLGATE PALMOLIVE CO COMMON 194162103 3,698,888 80,850 X X
D CONCORD EFS INC COM COMMON 206197105 2,293,943 111,221 X X
D COSTCO WHOLESALE CORP COMMON 22160K105 3,459,600 48,050 X X
D CVS CORP COM COMMON 126650100 3,392,539 83,125 X X
D E M C CORP MASS COMMON 268648102 8,495,338 119,024 X X
D ELAN PLC ADR COMMON 284131208 3,580,448 106,680 X X
D ENRON CORP COMMON 293561106 5,988,555 145,840 X X
D FED HOME LN MTG CP-VT COMMON 313400301 5,649,592 108,646 X X
D FEDERAL NAT MORTGAGE COMMON 313586109 6,519,124 103,994 X X
D FEDERAL SIGNAL CORP COMMON 313855108 3,584,595 180,357 X X
D GENERAL ELEC CO COMMON 369604103 16,779,558 141,525 X
D GILLETTE CO COM COMMON 375766102 2,905,898 85,625 X X
D GRAINGER, W W INC COMMON 384802104 3,492,942 72,675 X X
D GUIDANT CORP COM COMMON 401698105 2,748,281 51,250 X X
D HEWLETT PACKARD CO COMMON 428236103 5,655,994 62,325 X X
D HOME DEPOT INC COMMON 437076102 4,577,287 66,700 X X
D I B M COMMON 459200101 10,141,252 83,812 X X
D INTEL CORP COMMON 458140100 8,738,184 117,587 X X
D JACOBS ENGR GROUP INC COMMON 469814107 3,061,500 94,200 X X
D JOHNSON & JOHNSON COMMON 478160104 8,304,398 90,388 X X
D LILLY, ELI AND COMPAN COMMON 532457108 3,764,597 58,650 X X
D LOWES CO COMMON 548661107 2,992,714 61,389 X X
D LUCENT TECHNOLOGIES I COMMON 549463107 11,491,828 177,138 X X
D MAGNA INTL INC CL A COMMON 559222401 1,703,834 34,291 X X
D MBIA INC COMMON 55262C100 3,531,517 75,743 X X
D MCI WORLDCOM INC COM COMMON 55268B106 13,317,216 185,283 X X
D MEDTRONIC INC COMMON 585055106 5,320,150 149,600 X X
D MELLON BANK CORP COMMON 585509102 4,004,737 119,100 X X
D MERCK & CO INC COMMON 589331107 7,220,307 111,403 X X
D MGIC INVT CORP WIS CO COMMON 552848103 3,631,388 76,050 X X
D MICROSOFT CORP COMMON 594918104 18,626,623 205,677 X X
D MOBIL CORP COMMON 607059102 4,115,637 40,850 X X
D NORTHERN TRUST CORP COMMON 665859104 4,279,375 51,250 X X
D PEPSICO INC COMMON 713448108 4,393,860 144,061 X X
D PFIZER INC COMMON 717081103 6,747,657 188,088 X X
D PHARMACIA & UPJOHN, I COMMON 716941109 3,370,282 67,915 X X
D PHILIP MORRIS COS INS COMMON 718154107 2,905,937 85,000 X
D PROCTER & GAMBLE COMP COMMON 742718109 5,870,625 62,620 X X
D ROYAL DUTCH PETRO-NY COMMON 780257804 2,146,922 36,350 X
D SAFEWAY INC COM NEW COMMON 786514208 4,772,124 125,376 X X
D SCHERING PLOUGH CORP COMMON 806605101 5,767,050 132,196 X X
D SCHLUMBERGER COMMON 806857108 4,632,560 74,344 X X
D SMITHKLINE BEECHAM PL COMMON 832378301 1,642,312 28,500 X X
D TYCO INTL LTD NEW COM COMMON 902124106 8,041,213 155,762 X X
D VALSPAR CORP COMMON 920355104 2,866,694 87,700 X X
D WAL MART STORES INC COMMON 931142103 5,900,128 124,050 X X
D WALGREEN COMPANY COMMON 931422109 4,810,466 189,575 X X
D WARNER LAMBERT CO COMMON 934488107 5,412,881 81,550 X X
D WELLS FARGO NEW COMMON 949746101 6,688,700 168,800 X X
D WHITMAN CORP NEW COM COMMON 96647R107 3,313,125 232,500 X X
TOTAL 357,190,785
VOTING AUTHORITY
(SHARES)
TITLE CUSIP SOLE SHARED NONE
NAME OF ISSUER OF CLASS NUMBER (A) (B) (C)
<C> <C> <C> <C> <C> <C>
D ABBOTT LABS COM COMMON 002824100 98,025 0 21,200
D AES CORP COMMON 00130H105 68,775 0 13,475
D AFFILIATED COMPUTER S COMMON 008190100 74,700 0 15,600
D ALBERTSONS INC COMMON 013104104 53,575 0 10,950
D AMERICAN HOME PRODS C COMMON 026609107 46,150 0 10,991
D AMERICAN INTL GROUP I COMMON 026874107 87,482 0 18,371
D AMERICAN MGMT SYS INC COMMON 027352103 51,050 0 10,475
D AT & T CORP. COMMON 001957109 178,176 0 36,525
D AUTOMATIC DATA PROCES COMMON 053015103 139,125 0 25,850
D BANK ONE CORP COMMON 06423A103 49,092 0 12,208
D BP AMOCO ADS COMMON 055622104 61,080 0 9,404
D CARNIVAL CRUISE LINE COMMON 143658102 118,925 0 7,750
D CISCO SYS INC COMMON 17275R102 142,702 0 31,228
D CITIGROUP INC. COMMON 172967101 83,937 0 17,625
D CLOROX CO COMMON 189054109 103,700 0 21,500
D COCA COLA CO COMMON 191216100 31,950 0 8,177
D COLGATE PALMOLIVE CO COMMON 194162103 66,800 0 14,050
D CONCORD EFS INC COM COMMON 206197105 92,641 0 18,581
D COSTCO WHOLESALE CORP COMMON 22160K105 39,150 0 8,900
D CVS CORP COM COMMON 126650100 66,775 0 16,350
D E M C CORP MASS COMMON 268648102 98,350 0 20,674
D ELAN PLC ADR COMMON 284131208 86,950 0 19,730
D ENRON CORP COMMON 293561106 120,500 0 25,340
D FED HOME LN MTG CP-VT COMMON 313400301 87,400 0 21,246
D FEDERAL NAT MORTGAGE COMMON 313586109 85,475 0 18,519
D FEDERAL SIGNAL CORP COMMON 313855108 150,817 0 29,540
D GENERAL ELEC CO COMMON 369604103 124,775 0 16,750
D GILLETTE CO COM COMMON 375766102 70,800 0 14,825
D GRAINGER, W W INC COMMON 384802104 65,225 0 7,450
D GUIDANT CORP COM COMMON 401698105 42,550 0 8,700
D HEWLETT PACKARD CO COMMON 428236103 52,225 0 10,100
D HOME DEPOT INC COMMON 437076102 55,250 0 11,450
D I B M COMMON 459200101 68,700 0 15,112
D INTEL CORP COMMON 458140100 96,625 0 20,962
D JACOBS ENGR GROUP INC COMMON 469814107 83,875 0 10,325
D JOHNSON & JOHNSON COMMON 478160104 75,265 0 15,123
D LILLY, ELI AND COMPAN COMMON 532457108 48,025 0 10,625
D LOWES CO COMMON 548661107 50,725 0 10,664
D LUCENT TECHNOLOGIES I COMMON 549463107 149,617 0 27,521
D MAGNA INTL INC CL A COMMON 559222401 25,925 0 8,366
D MBIA INC COMMON 55262C100 62,525 0 13,218
D MCI WORLDCOM INC COM COMMON 55268B106 152,925 0 32,358
D MEDTRONIC INC COMMON 585055106 121,950 0 27,650
D MELLON BANK CORP COMMON 585509102 98,550 0 20,550
D MERCK & CO INC COMMON 589331107 93,575 0 17,828
D MGIC INVT CORP WIS CO COMMON 552848103 62,650 0 13,400
D MICROSOFT CORP COMMON 594918104 170,875 0 4,802
D MOBIL CORP COMMON 607059102 35,125 0 5,725
D NORTHERN TRUST CORP COMMON 665859104 43,850 0 7,400
D PEPSICO INC COMMON 713448108 119,350 0 24,711
D PFIZER INC COMMON 717081103 156,575 0 31,513
D PHARMACIA & UPJOHN, I COMMON 716941109 55,900 0 12,015
D PHILIP MORRIS COS INS COMMON 718154107 72,850 0 12,150
D PROCTER & GAMBLE COMP COMMON 742718109 51,900 0 10,720
D ROYAL DUTCH PETRO-NY COMMON 780257804 28,575 0 7,775
D SAFEWAY INC COM NEW COMMON 786514208 102,675 0 22,701
D SCHERING PLOUGH CORP COMMON 806605101 106,925 0 25,271
D SCHLUMBERGER COMMON 806857108 56,550 0 17,794
D SMITHKLINE BEECHAM PL COMMON 832378301 21,375 0 7,125
D TYCO INTL LTD NEW COM COMMON 902124106 128,050 0 27,712
D VALSPAR CORP COMMON 920355104 78,275 0 9,425
D WAL MART STORES INC COMMON 931142103 102,400 0 21,650
D WALGREEN COMPANY COMMON 931422109 156,275 0 33,300
D WARNER LAMBERT CO COMMON 934488107 67,000 0 4,550
D WELLS FARGO NEW COMMON 949746101 140,225 0 28,575
D WHITMAN CORP NEW COM COMMON 96647R107 192,500 0 40,000
INVESTMENT
DISCRETION
SHARES OR SHARED
NAME OF ISSUER PRINCIPAL SOLE SHARED OTHER
(A) (B) (C)
<C> <C> <C> <C> <C>
D ABBOTT LABS COM 119,225 114,925 4,300
D AES CORP 82,250 79,550 2,700
D AFFILIATED COMPUTER S 90,300 87,150 3,150
D ALBERTSONS INC 64,525 62,425 2,100
D AMERICAN HOME PRODS C 57,141 53,900 3,241
D AMERICAN INTL GROUP I 105,853 101,582 4,271
D AMERICAN MGMT SYS INC 61,525 59,475 2,050
D AT & T CORP. 214,701 207,551 7,150
D AUTOMATIC DATA PROCES 164,975 161,775 3,200
D BANK ONE CORP 61,300 57,176 4,124
D BP AMOCO ADS 70,484 70,484
D CARNIVAL CRUISE LINE 146,675 143,575 3,100
D CISCO SYS INC 173,930 166,626 7,304
D CITIGROUP INC. 101,562 97,962 3,600
D CLOROX CO 125,200 120,950 4,250
D COCA COLA CO 40,127 38,000 2,127
D COLGATE PALMOLIVE CO 80,850 78,150 2,700
D CONCORD EFS INC COM 111,221 107,546 3,675
D COSTCO WHOLESALE CORP 48,050 46,350 1,700
D CVS CORP COM 83,125 80,025 3,100
D E M C CORP MASS 119,024 114,500 4,524
D ELAN PLC ADR 106,680 103,800 2,880
D ENRON CORP 145,840 140,550 5,290
D FED HOME LN MTG CP-VT 108,646 103,350 5,296
D FEDERAL NAT MORTGAGE 103,994 101,075 2,919
D FEDERAL SIGNAL CORP 180,357 174,457 5,900
D GENERAL ELEC CO 141,525 141,525
D GILLETTE CO COM 85,625 82,775 2,850
D GRAINGER, W W INC 72,675 70,175 2,500
D GUIDANT CORP COM 51,250 49,600 1,650
D HEWLETT PACKARD CO 62,325 60,375 1,950
D HOME DEPOT INC 66,700 64,500 2,200
D I B M 83,812 81,050 2,762
D INTEL CORP 117,587 112,925 4,662
D JACOBS ENGR GROUP INC 94,200 91,050 3,150
D JOHNSON & JOHNSON 90,388 87,915 2,473
D LILLY, ELI AND COMPAN 58,650 56,600 2,050
D LOWES CO 61,389 59,175 2,214
D LUCENT TECHNOLOGIES I 177,138 172,614 4,524
D MAGNA INTL INC CL A 34,291 33,075 1,216
D MBIA INC 75,743 72,725 3,018
D MCI WORLDCOM INC COM 185,283 178,950 6,333
D MEDTRONIC INC 149,600 144,300 5,300
D MELLON BANK CORP 119,100 115,100 4,000
D MERCK & CO INC 111,403 107,700 3,703
D MGIC INVT CORP WIS CO 76,050 73,400 2,650
D MICROSOFT CORP 205,677 198,225 7,452
D MOBIL CORP 40,850 39,650 1,200
D NORTHERN TRUST CORP 51,250 49,850 1,400
D PEPSICO INC 144,061 139,250 4,811
D PFIZER INC 188,088 181,925 6,163
D PHARMACIA & UPJOHN, I 67,915 65,475 2,440
D PHILIP MORRIS COS INS 85,000 85,000
D PROCTER & GAMBLE COMP 62,620 60,425 2,195
D ROYAL DUTCH PETRO-NY 36,350 36,350
D SAFEWAY INC COM NEW 125,376 119,575 5,801
D SCHERING PLOUGH CORP 132,196 126,675 5,521
D SCHLUMBERGER 74,344 71,325 3,019
D SMITHKLINE BEECHAM PL 28,500 27,650 850
D TYCO INTL LTD NEW COM 155,762 149,400 6,362
D VALSPAR CORP 87,700 84,500 3,200
D WAL MART STORES INC 124,050 118,500 5,550
D WALGREEN COMPANY 189,575 182,525 7,050
D WARNER LAMBERT CO 81,550 79,100 2,450
D WELLS FARGO NEW 168,800 162,950 5,850
D WHITMAN CORP NEW COM 232,500 224,750 7,750
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