FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 2000
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 Torres
Titles: Vice President, Corporate Administration
Phone: (650) 854-9150
Signature, Place, and Date of Signing:
Connie Torres Menlo Park, CA November 15, 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.
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: $920,494
List of Other Included Manager:
No. 13F File Number Name
<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>
AT & T COM 001957109 4025 137029 SH SOLE 103152 33878
Abbott Labs COM 002824100 7908 166273 SH SOLE 108263 58010
Agile Software Corp COM 00846x105 1435 15954 SH SOLE 15932 22
American Home Products COM 026609107 268 4744 SH SOLE 4744
American Intl Grp COM 026874107 5987 62571 SH SOLE 39689 22882
Amgen COM 031162100 11515 164900 SH SOLE 104650 60250
Anheuser Busch COM 035229103 203 4806 SH SOLE 4806
Avanex Corporation COM 05348w109 2079 19303 SH SOLE 11958 7345
Bank of New York COM 064057102 311 5540 SH SOLE 5540
BankAmerica Corp COM 06605F102 764 14596 SH SOLE 4016 10580
Be Inc COM 073309106 44 10937 SH SOLE 10937
Biogen COM 090597105 275 4500 SH SOLE 4000 500
Boston Private Finl Holdings COM 101119105 3431 207930 SH SOLE 207930
Bristol-Myers Squibb COM 110122108 231 4044 SH SOLE 4044
Broadcom Corporation COM 111320107 41779 171400 SH SOLE 171400
Brocade Communications Systems COM 111621108 874 3704 SH SOLE 131 3573
C-Cube Microsystems COM 125015107 1168 56987 SH SOLE 56987
Chevron COM 166751107 682 7999 SH SOLE 1125 6874
Cisco Systems COM 17275R102 4432 80220 SH SOLE 48819 31401
Citigroup Inc COM 172967101 6211 114891 SH SOLE 75725 39166
Coca Cola COM 191216100 235 4256 SH SOLE 620 3636
Commerce One Inc. COM 200693109 1067 13588 SH SOLE 200 13388
Cygnus Corp COM 232560102 3437 312474 SH SOLE 312474
Dover Corp COM 260003108 7420 158078 SH SOLE 91910 66168
E TOYS COM 297862104 165 30830 SH SOLE 30830
E.piphany Inc COM 26881v100 1379 17895 SH SOLE 169 17726
EMC Corp COM 268648102 18526 186900 SH SOLE 98750 88150
Enron COM 293561106 8202 93602 SH SOLE 55544 38058
Equity Residential Properties COM 29476l107 6515 135725 SH SOLE 94225 41500
Exxon Mobil Corporation COM 30231g102 7019 78749 SH SOLE 43784 34965
Fedl Natl Mort Assn COM 313586109 218 3050 SH SOLE 1650 1400
Finisar Corporation COM 31787a101 486124 10049079 SH SOLE 10048753 326
Flextronics COM 339383101 3899 47472 SH SOLE 41150 6322
Fusion Medical COM 361128101 2090 212995 SH SOLE 212995
General Electric COM 369604103 1700 29472 SH SOLE 17670 11802
Halliburton COM 406216101 259 5290 SH SOLE 2960 2330
Harmonic Lightwaves Inc COM 413160210 742 30926 SH SOLE 30926
Hewlett Packard COM 428236103 720 7421 SH SOLE 2598 4823
Huntington Bancshares Inc COM 446150104 193 13124 SH SOLE 13124
I2 Technologies COM 465754109 2692 14391 SH SOLE 14391
IBM COM 459200101 1100 9779 SH SOLE 158 9621
Intel COM 458140100 11197 269412 SH SOLE 152270 117142
Johnson & Johnson COM 478160104 9875 105122 SH SOLE 61224 43898
Johnson Controls COM 478366107 11759 221090 SH SOLE 150340 70750
Juniper Networks Inc COM 48203r104 8377 38261 SH SOLE 1539 36722
Leggett & Platt COM 524660107 7596 480400 SH SOLE 308850 171550
Lucent Technology COM 549463107 1198 39213 SH SOLE 19738 19475
MBIA Inc COM 55262c100 9588 134800 SH SOLE 81250 53550
Merck COM 589331107 989 13289 SH SOLE 499 12790
Metron Technology NV COM n5665b105 112 14000 SH SOLE 14000
Microsoft COM 594918104 5859 97141 SH SOLE 66747 30394
Morgan Stanley, Dean Witter, D COM 617446448 429 4688 SH SOLE 28 4660
Nabors Industries COM 629568106 5956 113670 SH SOLE 67770 45900
Netro Corporation COM 64114r109 10125 170885 SH SOLE 100 170785
Network Appliance COM 64120l104 6311 49546 SH SOLE 45796 3750
Newell Rubbermaid COM 651229106 4685 205373 SH SOLE 131200 74173
Oracle Systems COM 68389X105 319 4050 SH SOLE 4050
PeopleSoft Inc COM 712713106 553 19800 SH SOLE 19800
Pepsico COM 713448108 9151 198925 SH SOLE 125325 73600
Pfizer COM 717081103 2576 57326 SH SOLE 20200 37126
Physiometrix Inc COM 718928104 312 14106 SH SOLE 14106
Polycom Inc COM 73172k104 268 4000 SH SOLE 4000
Procter & Gamble COM 742718109 12589 187901 SH SOLE 128000 59901
QuikLogic Corporation COM 74837P108 787 47717 SH SOLE 46086 1631
Redback Networks Inc COM 757209101 3139 19139 SH SOLE 19009 130
SBC Communications COM 78387G103 7801 156017 SH SOLE 96069 59948
Sangstat Med Corp COM 801003104 628 48985 SH SOLE 48985
Schering Plough COM 806605101 9295 199895 SH SOLE 114270 85625
Schlumberger COM 806857108 510 6200 SH SOLE 3050 3150
Schwab Charles New COM 808513105 444 12500 SH SOLE 12500
Shaman Pharmaceutical COM 819319500 9 103323 SH SOLE 103323
Silicon Laboratories Inc. COM 826919102 6350 154888 SH SOLE 154888
Solectron Corp COM 834182107 5735 124330 SH SOLE 89650 34680
Sun Microsystems COM 866810104 16398 140454 SH SOLE 73805 66649
Sungard Data Systems COM 867363103 8246 192609 SH SOLE 108309 84300
Symyx Technologies Inc COM 87155s108 7886 181820 SH SOLE 122640 59180
Target Corporation COM 87612e106 5280 206050 SH SOLE 137550 68500
Texas Instruments COM 882508104 218 4620 SH SOLE 4520 100
Turnstone Systems Inc COM 900423104 272 5875 SH SOLE 1342 4533
United Parcel Service CL B COM 911312106 6645 117875 SH SOLE 79600 38275
Verizon Communications COM 92343v104 626 12932 SH SOLE 8459 4473
Virata Corporation COM 927646109 330 4988 SH SOLE 4988
Walgreen COM 931422109 2142 56470 SH SOLE 33920 22550
Wells Fargo COM 949746101 6653 144820 SH SOLE 97060 47760
Whole Foods Market COM 966837106 5557 103502 SH SOLE 57805 45697
Williams Communications Grp, I COM 969455104 4308 215400 SH SOLE 156850 58550
WorldCom Inc COM 55268b106 10024 330012 SH SOLE 238100 91912
Yahoo! COM 984332106 1024 11250 SH SOLE 10870 380
Alcatel FRGN 013904305 270 4290 SH SOLE 4290
BP Amoco PLC FRGN 055622104 7670 144723 SH SOLE 101064 43659
Elan Corp PLC ADR (IRE) FRGN 284131208 9985 182377 SH SOLE 108125 74252
HSBC Holdings PLC ADR (HK)NEW FRGN 404280406 11510 161208 SH SOLE 108218 52990
Sony Corp ADR New (JPN) FRGN 835699307 13601 134750 SH SOLE 87460 47290
</TABLE>
