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, 1999
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: Sand Hill Advisors, Inc.
Address: 3000 Sand Hill Road
Building 3, Suite 150
Menlo Park, CA 94025
13F File Number: 28-5390
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 rquired items, statements,
schedules, lists, and tables, are considered integral parts of
this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Connie Robles
Titles: Manager, Corporate Administration
Phone: (650) 854-9150
Signature, Place, and Date of Signing:
Connie Robles Menlo Park, CA February 14, 2000
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 SECURITIES EXCHANGE
ACT OF 1934.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 93
Form 13F Information Table Value Total: $312,593
List of Other Included Manager:
No. 13F File Number Name
<PAGE>
<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>
ASYST Technologies, Inc. COM 04648x107 6494 99050 SH SOLE 99050
AT & T COM 001957109 3190 62782 SH SOLE 35302 27480
Abbott Labs COM 002824100 3374 92923 SH SOLE 47998 44925
Albertson's COM 013104104 3209 99500 SH SOLE 57300 42200
America Online COM 02364J104 202 2660 SH SOLE 1446 1214
American Home Products COM 026609107 249 6344 SH SOLE 6344
American Intl Grp COM 026874107 549 5081 SH SOLE 4613 468
Amgen COM 031162100 10082 167850 SH SOLE 103650 64200
Apartment Investment & Mgmt Co COM 03748R101 5970 149940 SH SOLE 83215 66725
Aspect Development COM 045234101 1067 15583 SH SOLE 15583
Bank of New York COM 064057102 282 7040 SH SOLE 7040
BankAmerica Corp COM 06605F102 725 14454 SH SOLE 4297 10157
Bell Atlantic COM 077853109 264 4294 SH SOLE 1680 2614
Best Foods COM 08658u101 218 4154 SH SOLE 4154
Biogen COM 090597105 406 4800 SH SOLE 4000 800
Bristol-Myers Squibb COM 110122108 247 3844 SH SOLE 3844
Broadcom Class B COM 111320404 25255 92723 SH SOLE 92723
Broadcom Corporation COM 111320107 15117 55500 SH SOLE 55500
Brocade Communications Systems COM 111621108 453 2560 SH SOLE 2560
C-Cube Microsystems COM 125015107 2643 42457 SH SOLE 42457
Celtrix Pharmaceuticals COM 151186103 37 14500 SH SOLE 14500
Chemtrak COM 163877103 0 40116 SH SOLE 40116
Chevron COM 166751107 731 8435 SH SOLE 1000 7435
Cisco Systems COM 17275R102 2850 26605 SH SOLE 16512 10093
Coca Cola COM 191216100 248 4256 SH SOLE 620 3636
Cygnus Corp COM 232560102 6068 332512 SH SOLE 332512
Dover Corp COM 260003108 6322 139318 SH SOLE 75210 64108
DuPont de Nemour COM 263534109 203 3082 SH SOLE 382 2700
E TOYS COM 297862104 74 33929 SH SOLE 33929
EMC Corp COM 268648102 12387 113380 SH SOLE 59350 54030
Elantec Semiconductor Inc COM 284155108 466 14117 SH SOLE 14117
Enron COM 293561106 4294 96760 SH SOLE 56402 40358
Exxon Mobil Corporation COM 30231g102 6092 75613 SH SOLE 39623 35990
Fedl Natl Mort Assn COM 313586109 453 7250 SH SOLE 3250 4000
Flextronics COM 339383101 2154 46822 SH SOLE 38500 8322
Fusion Medical COM 361128101 2769 212995 SH SOLE 212995
GATX COM 361448103 1696 50250 SH SOLE 22650 27600
GTE COM 362320103 793 11233 SH SOLE 7755 3478
General Electric COM 369604103 1614 10431 SH SOLE 6490 3941
Halliburton COM 406216101 284 7060 SH SOLE 4860 2200
Hewlett Packard COM 428236103 1011 8888 SH SOLE 4257 4631
Home Depot COM 437076102 274 3990 SH SOLE 675 3315
IBM COM 459200101 1368 12677 SH SOLE 1927 10750
Intel COM 458140100 12659 153785 SH SOLE 81764 72021
Johnson & Johnson COM 478160104 5262 56434 SH SOLE 33886 22548
Johnson Controls COM 478366107 7368 129540 SH SOLE 71090 58450
Legato Systems COM 524651106 232 3368 SH SOLE 3368
Leggett & Platt COM 524660107 6681 311650 SH SOLE 174050 137600
Lucent Technology COM 549463107 1522 20299 SH SOLE 19373 926
MBIA Inc COM 55262c100 5648 106950 SH SOLE 60550 46400
MCI WorldCom Inc COM 55268b106 7460 140587 SH SOLE 76725 63862
MGIC Investment Corp COM 552848103 5611 93225 SH SOLE 55100 38125
Merck COM 589331107 913 13590 SH SOLE 200 13390
Microsoft COM 594918104 5236 44851 SH SOLE 24882 19969
Morgan Stanley, Dean Witter, D COM 617446448 335 2344 SH SOLE 14 2330
NVIDIA Corporation COM 67066g104 660 14070 SH SOLE 14070
Nabors Industries COM 629568106 3650 117970 SH SOLE 71670 46300
Netro Corporation COM 64114r109 10205 200100 SH SOLE 100 200000
Network Appliance COM 64120l104 3279 39477 SH SOLE 39327 150
Newell Rubbermaid COM 651229106 2488 85788 SH SOLE 43850 41938
Omnicom Group COM 681919106 220 2200 SH SOLE 2200
Oracle Systems COM 68389X105 238 2125 SH SOLE 2125
Pepsico COM 713448108 5569 158000 SH SOLE 88600 69400
Pfizer COM 717081103 1153 35535 SH SOLE 21000 14535
Physiometrix Inc COM 718928104 34 10000 SH SOLE 10000
Procter & Gamble COM 742718109 1556 14206 SH SOLE 6080 8126
Redback Networks Inc COM 757209101 1897 10688 SH SOLE 10688
Regions Financial COM 758940100 3179 126510 SH SOLE 70560 55950
SBC Communications COM 78387G103 5693 116775 SH SOLE 65118 51657
Sangstat Med Corp COM 801003104 1346 45243 SH SOLE 45243
Schering Plough COM 806605101 6506 153535 SH SOLE 74860 78675
Schlumberger COM 806857108 4382 78075 SH SOLE 46600 31475
Schwab Charles New COM 808513105 600 15698 SH SOLE 15698
Servicemaster COM 81760N109 1332 108160 SH SOLE 59738 48422
Sun Microsystems COM 866810104 13505 174398 SH SOLE 90574 83824
Sungard Data Systems COM 867363103 4517 190209 SH SOLE 111209 79000
Texas Instruments COM 882508104 223 2310 SH SOLE 2310
Transocean Sedco Forex Inc COM G90076103 573 17015 SH SOLE 10922 6094
Vantive Corp COM 922091103 435 24000 SH SOLE 24000
Venator COM 922944103 140 20000 SH SOLE 20000
W W Grainger COM 384802104 5806 121425 SH SOLE 68675 52750
Wal Mart Stores COM 931142103 200 2900 SH SOLE 2900
Walgreen COM 931422109 2140 73170 SH SOLE 40720 32450
Warner Lambert COM 934488107 681 8315 SH SOLE 8315
Whole Foods Market COM 966837106 6566 141580 SH SOLE 77555 64025
Williams Communications Grp, I COM 969455104 1401 48400 SH SOLE 35900 12500
Xilinx Incorporated COM 983919101 299 6570 SH SOLE 6570
Yahoo! COM 984332106 3321 7675 SH SOLE 7485 190
BP Amoco PLC (UK) FRGN 055622104 4638 78190 SH SOLE 46464 31726
Elan Corp PLC ADR (IRE) FRGN 284131208 5183 175708 SH SOLE 106106 69602
HSBC Holdings PLC ADR (HK)NEW FRGN 404280406 2922 40935 SH SOLE 27400 13535
Panamerican Beverages FRGN p74823108 2574 125160 SH SOLE 57400 67760
Sony Corp ADR New (JPN) FRGN 835699307 12372 43450 SH SOLE 25600 17850
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