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INFORMATION REQUIRED OF INSTITUTIONAL INVESTMENT MANAGERS
PURSUANT TO SECTION 13(f) OF THE SECURITIES EXCHANGE ACT
OF 1934 AND RULES THEREUNDER
Securities and Exchange Commission
Washington, D.C. 20549
Report for the Period Ended December 31, 1999
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If amended report check here: / /
Name of Institutional Investment Manager:
Westchester Capital Management, Inc. 13F File No.:
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Business Address:
100 Summit Lake Drive Valhalla New York 10595
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Street City State Zip
Name, Phone No. and Title of Person Duly Authorized to Submit This Report:
Frederick W. Green, (914) 741-5600, President
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ATTENTION--Intentional misstatements or omissions of facts constitute Federal
Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff (a).
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The institutional investment manager submitting this Form and its
attachments and the person by whom it is signed represent hereby that all
information contained therein is true, correct and complete. It is understood
that all required items, statements and schedules are considered integral parts
of this Form and that the submission of any amendment represents that all
unamended items, statements and schedules remain true, correct and complete as
previously submitted.
Pursuant to the requirements of the Securities Exchange Act of 1934,
the undersigned institutional investment manager has caused this report to be
signed on its behalf in the City of New York and State of New York as of the
9th day of February, 2000.
Westchester Capital Management, Inc.
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(Name of Institutional Investment
Manager)
/s/Frederick W. Green
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(Manual Signature of Person Duly
Authorized to Submit This Report)
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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.)
13F File Numbers will be assigned to Institutional Investment
Managers after they file their first report.
Name: 13F File No.
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FORM 13F
Westchester Capital Management, Inc.
December 31, 1999
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<CAPTION>
Item 2 Item 4 Item 5 Item 6 Item 8
Item 1 Title of Item 3 Fair Market Shares or Investment Item 7 Voting
Name of Issuer Class CUSIP Value Principal Amount Discretion Managers Authority
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<S> <C> <C> <C> <C> <C> <C> <C>
Equities
COMMON STOCK
AdForce, Inc. COMMON STOCK 006867105 14,175,075 198,600 (b) Shared (a) Sole
AdForce, Inc. COMMON STOCK 006867105 35,366,312 495,500 (a) Sole (a) Sole
AEGON N.V. ADR COMMON STOCK 007924103 783,100 8,200 (b) Shared (a) Sole
AEGON N.V. ordinary COMMON STOCK 5462304 1,915,662 19,900 (b) Shared (a) Sole
Air Express International Corporation COMMON STOCK 009104100 2,429,900 75,200 (b) Shared (a) Sole
Air Express International Corporation COMMON STOCK 009104100 7,755,000 240,000 (a) Sole (a) Sole
The Allstate Corporation COMMON STOCK 020002101 513,600 21,400 (b) Shared (a) Sole
America Online, Inc. COMMON STOCK 02364J104 4,797,825 63,600 (b) Shared (a) Sole
Atlantic Richfield Company COMMON STOCK 048825103 5,311,100 61,400 (b) Shared (a) Sole
Atlantic Richfield Company COMMON STOCK 048825103 16,270,650 188,100 (a) Sole (a) Sole
At Home Corporation COMMON STOCK 045919107 2,499,355 58,294 (b) Shared (a) Sole
ALZA Corporation COMMON STOCK 022615108 3,981,875 115,000 (b) Shared (a) Sole
ALZA Corporation COMMON STOCK 022615108 11,190,800 323,200 (a) Sole (a) Sole
BB&T Corporation COMMON STOCK 054937107 695,434 25,404 (b) Shared (a) Sole
BCE, Inc. COMMON STOCK 05534B109 4,184,700 46,400 (b) Shared (a) Sole
BCE, Inc. COMMON STOCK 05534B109 11,742,412 130,200 (a) Sole (a) Sole
BMC Software, Inc. COMMON STOCK 055921100 1,866,541 23,350 (b) Shared (a) Sole
Burlington Resources, Inc. COMMON STOCK 122014103 694,312 21,000 (b) Shared (a) Sole
The Chubb Corporation COMMON STOCK 171232101 1,328,299 23,588 (b) Shared (a) Sole
CBS Corp. COMMON STOCK 12490K107 5,996,059 93,780 (b) Shared (a) Sole
CBS Corp. COMMON STOCK 12490K107 2,122,725 33,200 (a) Sole (a) Sole
Cadillac Fairview Corporation COMMON STOCK 126929207 6,894,240 300,000 (b) Shared (a) Sole
Cadillac Fairview Corporation COMMON STOCK 126929207 21,441,086 933,000 (a) Sole (a) Sole
Cadence Design Systems, Inc. COMMON STOCK 127387108 1,694,400 70,600 (b) Shared (a) Sole
Clarify, Inc. COMMON STOCK 180492100 12,525,992 98,800 (b) Shared (a) Sole
Clarify, Inc. COMMON STOCK 180492100 36,221,417 285,700 (a) Sole (a) Sole
The Coleman Company, Inc. COMMON STOCK 193559101 528,205 56,720 (b) Shared (a) Sole
The Coleman Company, Inc. COMMON STOCK 193559101 812,050 87,200 (a) Sole (a) Sole
The Clorox Company COMMON STOCK 189054109 492,264 9,772 (b) Shared (a) Sole
Consolidated Natural Gas Company COMMON STOCK 209615103 3,246,875 50,000 (b) Shared (a) Sole
Consolidated Natural Gas Company COMMON STOCK 209615103 3,246,875 50,000 (a) Sole (a) Sole
Cisco Systems, Inc. COMMON STOCK 17275R102 4,028,971 37,610 (b) Shared (a) Sole
Cintas Corporation COMMON STOCK 172908105 1,219,431 22,954 (b) Shared (a) Sole
DoubleClick, Inc. COMMON STOCK 258609304 3,534,018 13,965 (b) Shared (a) Sole
The DII Group, Inc. COMMON STOCK 232949107 7,494,300 105,600 (b) Shared (a) Sole
The DII Group, Inc. COMMON STOCK 232949107 20,808,037 293,200 (a) Sole (a) Sole
EMC Corporation COMMON STOCK 268648102 1,707,031 15,625 (b) Shared (a) Sole
Sprint Corporation COMMON STOCK 852061100 4,038,750 60,000 (b) Shared (a) Sole
Sprint Corporation COMMON STOCK 852061100 13,462,500 200,000 (a) Sole (a) Sole
First Union Corp. COMMON STOCK 337358105 978,764 29,829 (b) Shared (a) Sole
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<TABLE>
<S> <C> <C> <C> <C> <C> <C>
Global Crossing Ltd. COMMON STOCK 2285065 1,575,000 31,500 (b) Shared (a) Sole
Genesys Telecommunications Laboratories COMMON STOCK 371931106 4,500,389 83,100 (b) Shared (a) Sole
Genesys Telecommunications Laboratories COMMON STOCK 371931106 8,600,020 158,800 (a) Sole (a) Sole
General Dynamics Corporation COMMON STOCK 369550108 2,057,250 39,000 (b) Shared (a) Sole
General Electric Company COMMON STOCK 369604103 1,224,382 7,912 (b) Shared (a) Sole
General Instrument Corporation COMMON STOCK 370120107 15,852,500 186,500 (b) Shared (a) Sole
General Instrument Corporation COMMON STOCK 370120107 41,522,500 488,500 (a) Sole (a) Sole
B.F. Goodrich Company COMMON STOCK 382388106 220,220 8,008 (b) Shared (a) Sole
Honeywell International Inc. COMMON STOCK 438516106 1,511,412 26,200 (b) Shared (a) Sole
Hannaford Bros. Co. COMMON STOCK 410550107 10,424,600 150,400 (b) Shared (a) Sole
Hannaford Bros. Co. COMMON STOCK 410550107 32,001,581 461,700 (a) Sole (a) Sole
Infinity Broadcasting Corporation COMMON STOCK 45662S102 678,516 18,750 (b) Shared (a) Sole
Intel Corporation COMMON STOCK 458140100 1,380,381 16,770 (b) Shared (a) Sole
Illinois Tool Works, Inc. COMMON STOCK 452308109 2,303,949 34,101 (b) Shared (a) Sole
Johnson & Johnson COMMON STOCK 478160104 1,785,113 19,169 (b) Shared (a) Sole
Jones Intercable, Inc. COMMON STOCK 480206101 1,320,500 19,000 (a) Sole (a) Sole
Jones Intercable, Inc. Class A COMMON STOCK 480206200 9,669,094 139,500 (b) Shared (a) Sole
Jones Intercable, Inc. Class A COMMON STOCK 480206200 15,227,956 219,700 (a) Sole (a) Sole
Jostens, Inc. COMMON STOCK 481088102 1,784,537 73,400 (b) Shared (a) Sole
Kerr-McGee Corporation COMMON STOCK 492386107 1,962,300 31,650 (b) Shared (a) Sole
Lowe's Companies, Inc. COMMON STOCK 548661107 764,800 12,800 (b) Shared (a) Sole
Mattel, Inc. COMMON STOCK 577081102 913,500 69,600 (b) Shared (a) Sole
McKesson HBOC, Inc. COMMON STOCK 58155Q103 258,792 11,470 (b) Shared (a) Sole
MCN Energy Group, Inc. COMMON STOCK 55267J100 7,818,500 329,200 (b) Shared (a) Sole
MCN Energy Group, Inc. COMMON STOCK 55267J100 23,773,750 1,001,000 (a) Sole (a) Sole
MidAmerican Energy Holdings Company COMMON STOCK 59562V107 8,125,425 241,200 (b) Shared (a) Sole
MidAmerican Energy Holdings Company COMMON STOCK 59562V107 24,783,894 735,700 (a) Sole (a) Sole
Optical Coating Laboratories, Inc. COMMON STOCK 683829105 11,721,600 39,600 (b) Shared (a) Sole
Optical Coating Laboratories, Inc. COMMON STOCK 683829105 28,712,000 97,000 (a) Sole (a) Sole
Omnipoint Corporation COMMON STOCK 68212D102 16,174,756 134,300 (b) Shared (a) Sole
Omnipoint Corporation COMMON STOCK 68212D102 44,790,706 371,900 (a) Sole (a) Sole
PIMCO Advisors Holdings L.P. COMMON STOCK 69338P102 6,930,731 183,900 (b) Shared (a) Sole
PIMCO Advisors Holdings L.P. COMMON STOCK 69338P102 23,256,956 617,100 (a) Sole (a) Sole
Prime Bancshares, Inc. COMMON STOCK 74157H108 4,458,037 188,700 (b) Shared (a) Sole
Prime Bancshares, Inc. COMMON STOCK 74157H108 2,617,650 110,800 (a) Sole (a) Sole
Placer Dome Inc. COMMON STOCK 725906101 882,306 82,075 (b) Shared (a) Sole
Pittway Corporation Class A COMMON STOCK 725790208 1,792,500 40,000 (b) Shared (a) Sole
Pittway Corporation Class A COMMON STOCK 725790208 7,452,319 166,300 (a) Sole (a) Sole
Safeskin Corporation COMMON STOCK 786454108 4,680,250 386,000 (b) Shared (a) Sole
Safeskin Corporation COMMON STOCK 786454108 10,847,025 894,600 (a) Sole (a) Sole
Shire Pharmaceuticals Group plc ADR COMMON STOCK 82481R106 1,609,418 55,259 (b) Shared (a) Sole
SUPERVALU, Inc. COMMON STOCK 868536103 584,000 29,200 (b) Shared (a) Sole
Syratech Corporation COMMON STOCK 871824108 367,770 73,554 (a) Sole (a) Sole
AT&T Corp. COMMON STOCK 001957109 1,522 30 (a) Sole (a) Sole
TJ International, Inc. COMMON STOCK 872534102 5,250,000 125,000 (b) Shared (a) Sole
TJ International, Inc. COMMON STOCK 872534102 5,040,000 120,000 (a) Sole (a) Sole
Union Carbide Corporation COMMON STOCK 905581104 4,899,450 73,400 (b) Shared (a) Sole
Union Carbide Corporation COMMON STOCK 905581104 16,046,700 240,400 (a) Sole (a) Sole
MediaOne Group, Inc. COMMON STOCK 58440J104 10,484,906 136,500 (b) Shared (a) Sole
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<TABLE>
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MediaOne Group, Inc. COMMON STOCK 58440J104 34,611,712 450,600 (a) Sole (a) Sole
U.S. Bancorp COMMON STOCK 902973106 595,312 25,000 (b) Shared (a) Sole
UST Corp. COMMON STOCK 902900109 6,334,125 199,500 (b) Shared (a) Sole
UST Corp. COMMON STOCK 902900109 22,066,250 695,000 (a) Sole (a) Sole
US WEST, Inc. COMMON STOCK 91273H101 12,592,800 174,900 (b) Shared (a) Sole
US WEST, Inc. COMMON STOCK 91273H101 34,113,600 473,800 (a) Sole (a) Sole
United Technologies Corporation COMMON STOCK 913017109 725,400 11,160 (b) Shared (a) Sole
Wachovia Corportion COMMON STOCK 929771103 208,420 3,065 (b) Shared (a) Sole
Walden Residential Properties, Inc. COMMON STOCK 931210108 3,758,425 173,800 (b) Shared (a) Sole
Walden Residential Properties, Inc. COMMON STOCK 931210108 6,818,362 315,300 (a) Sole (a) Sole
Washington Mutual, Inc. COMMON STOCK 939322103 436,800 16,800 (b) Shared (a) Sole
Waste Management, Inc. COMMON STOCK 94106L109 275,000 16,000 (b) Shared (a) Sole
Yahoo! Inc. COMMON STOCK 984332106 12,875,915 29,758 (b) Shared (a) Sole
Ziff-Davis, Inc. COMMON STOCK 989511100 4,871,831 308,100 (b) Shared (a) Sole
Ziff-Davis, Inc. COMMON STOCK 989511100 11,490,121 726,648 (a) Sole (a) Sole
FIXED INCOME
CORPORATE BONDS
MindSpring Convertible
5.000% due 04-15-06 CORPORATE BONDS 602683AA2 8,106,000 8,400,000 (b) Shared (a) Sole
MindSpring Convertible
5.000% due 04-15-06 CORPORATE BONDS 602683AA2 23,905,945 24,773,000 (a) Sole (a) Sole
GRAND TOTAL $894,423,423
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