-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, CfS/YFQcrXf7BtmvBIjSbJ0zHOSexgqVecXDY0WpacQlQc+sA0O6pBmsRwSCO0Au 6ohvTF2SbUV7jf5mZs7TaA== 0000950133-98-002976.txt : 19980813 0000950133-98-002976.hdr.sgml : 19980813 ACCESSION NUMBER: 0000950133-98-002976 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980812 SROS: NONE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: OAKWOOD HOMES CORP CENTRAL INDEX KEY: 0000073609 STANDARD INDUSTRIAL CLASSIFICATION: MOBILE HOMES [2451] IRS NUMBER: 560985879 STATE OF INCORPORATION: NC FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-03866 FILM NUMBER: 98684123 BUSINESS ADDRESS: STREET 1: 2225 S HOLDEN RD STREET 2: P O BOX 27081 CITY: GREENSBORO STATE: NC ZIP: 27425-7081 BUSINESS PHONE: 9198552400 MAIL ADDRESS: STREET 1: 2225 S HOLDEN ROAD STREET 2: P O BOX 27081 CITY: GREENSBORO STATE: NC ZIP: 27425-7081 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: OAK VALUE CAPITAL MANAGEMENT INC/NC CENTRAL INDEX KEY: 0000936699 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: UNIVERSITY TOWER STREET 2: 3100 TOWER BLVD STE 800 CITY: DURHAM STATE: NC ZIP: 27707 BUSINESS PHONE: 9194191900 MAIL ADDRESS: STREET 1: UNIVERSITY TOWER STREET 2: 3100 TOWER BLVD STE 800 CITY: DURHAM STATE: NC ZIP: 27707 SC 13G 1 SCHEDULE 13G 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 Oakwood Homes Corporation - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock - -------------------------------------------------------------------------------- (Title of Class of Securities) 674098108 - -------------------------------------------------------------------------------- (CUSIP Number) July 31, 1998 - -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). 1 of 5 2 SCHEDULE 13G CUSIP No. 674098108 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Oak Value Capital Management, Inc. ------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - ---------------------------------------------------------------------- 3 SEC USE ONLY - ---------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION North Carolina, USA - ---------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF SHARES 4,985,238 BENEFICIALLY -------------------------------------------------- OWNED BY 6 SHARED VOTING POWER EACH REPORTING -0- PERSON -------------------------------------------------- WITH 7 SOLE DISPOSITIVE POWER 5,371,038 - ---------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER -0- - ---------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,371,038 - ---------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ---------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 11.51% - ---------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON IA, CO - ---------------------------------------------------------------------- 2 of 5 3 Item 1. (a) Name of Issuer: Oakwood Homes (b) Address of Issuer's Principal Executive Offices: 7800 McCloud Road Greensboro, NC 27409-9634 Item 2. (a) Name of Person Filing: Oak Value Capital Management, Inc. (b) Address of Principal Business Office or, if none, Residence: University Tower 3100 Tower Blvd., Suite 800 Durham, NC 27707 (c) Citizenship: North Carolina (d) Title of Class of Securities: Common Stock (e) CUSIP Number: 674098108 Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check whether the person filing is a: (a) [ ] Broker or dealer registered under Section 15 of the Act. (b) [ ] Bank as defined in section 3(a)(6) of the Act. (c) [ ] Insurance company as defined in section 3(a)(19) of the Act. (d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940. (e) [x] An investment adviser in accordance with Section 240.13d-1(b)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with Section 240.13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with Section 240.13d-1(b)(ii)(G); (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act; (i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940; (j) [ ] Group, in accordance with Section 240.13d-1(b)(1)(ii)(J). 3 of 5 4 If this statement is filed pursuant to Section 240.13d-1(c), check this box [ ]. 4 of 5 5 Item 4. Ownership Provide the following regarding the aggregate number and percentage of the class of securities of the issuer identified in Item I. (a) Amount beneficially owned: 5,371,038. (b) Percent of class: 11.51%. (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote 4,985,238. (ii) Shared power to vote or to direct the vote -0-. (iii)Sole power to dispose or to direct the disposition of 5,371,038. (iv) Shared power to dispose or to direct the disposition of -0-. Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ]. N/A Item 6. Ownership of More than Five Percent on Behalf of Another Person. Clients of the person filing, Oak Value Capital Management, Inc., have the right to receive dividends from, and proceeds from the sale of, the securities reported herein. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company N/A Item 8. Identification and Classification of Members of the Group N/A Item 9. Notice of Dissolution of Group N/A Item 10. Certification 5 of 5 6 (a) By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of such securities and were not acquired and are not held in connection with or as a participant in any transaction having that purposes or effect. 6 of 5 7 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: August 11, 1998 By: /s/Margaret C. Landis ---------------------------- Name: Margaret C. Landis Title: Vice President and Director of Investment Operations 7 of 5 -----END PRIVACY-ENHANCED MESSAGE-----