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 her if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Franklin Street Advisors, Inc.
Address: 6330 Quadrangle Drive
Suite 200
Chapel Hill, NC 27514
13F File Number: 28-5428
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: Carol E. Manzon
Title: Secretary/Treasurer
Phone: 919-489-2600
Signature, Place, and Date of Signing:
Carol E. Manzon Chapel Hill, NC July 18, 1999
Report Type (Check only one.):
[x] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE AT OF 1934.
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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>
4FRONT TECHNOLOGIES INC COMMON 351042106 353 25000.00 SH SOLE 25000.00
AAR CORP COMMON 000361105 540 30000.00 SH SOLE 30000.00
ABACAN RES CORP COMMON 002919108 181 1033700.00SH SOLE 1033700.00
ABBOTT LABORATORIES COMMON 002824100 4305 117355.00SH SOLE 117355.00
ABERCROMBIE&FITCH COMMON 002896207 3146 92360.00 SH SOLE 92360.00
ACTION PERF CO COMMON 004933107 421 20000.00 SH SOLE 20000.00
ADVANCED FIBRE COMM COMMON 00754a105 1669 75000.00 SH SOLE 75000.00
ADVANTA CORP CLASS B COMMON 007942204 353 30000.00 SH SOLE 30000.00
AETNA INC COMMON 008117103 1266 25704.00 SH SOLE 25704.00
AIR TRANSPORTATION COMMON 009224304 48 11800.00 SH SOLE 11800.00
ALCOA INC COMMON 013817101 6862 110560.00SH SOLE 110560.00
ALLIED-SIGNAL INC COMMON 019512102 19874 331585.00SH SOLE 331585.00
ALPHARMA INC 'A' COMMON 020813101 1162 32900.00 SH SOLE 32900.00
AMER ELEC PWR INC COM COMMON 025537101 34 1000.00 SH SOLE 1000.00
AMERICAN EXPRESS COMMON 025816109 22323 165357.00SH SOLE 165357.00
AMERICAN GENERAL CORP COMMON 026351106 306 4831.00 SH SOLE 4831.00
AMERICAN HOME PRODUCTS COMMON 026609107 11568 278740.00SH SOLE 278740.00
AMERICAN INTL GROUP COMMON 026874107 15249 175398.00SH SOLE 175398.00
AMERICAN TELEPHONE & TELE COMMON 001957109 17513 402590.00SH SOLE 402590.00
ANADARKO PETROLEUM COMMON 032511107 1169 38250.00 SH SOLE 38250.00
APPLIED MATERIALS COMMON 038222105 6673 85895.00 SH SOLE 85895.00
ASSOCIATES FIRST CAPITAL COMMON 046008108 4153 115370.00SH SOLE 115370.00
AT & T LIBERTY MEDIA GROUP COMMON 001957208 336 8998.00 SH SOLE 8998.00
ATLANTIC RICHFIELD COMMON 048825103 505 5700.00 SH SOLE 5700.00
AUTOMATIC DATA PROCESSING COMMON 053015103 202 4520.00 SH SOLE 4520.00
AVAX TECHNOLOGIES INC COMMON 053495305 31 10000.00 SH SOLE 10000.00
BANC ONE CORP COMMON 06423a103 876 25175.00 SH SOLE 25175.00
BANK OF AMERICA CORP COMMON 060505104 5590 100379.00SH SOLE 100379.00
BARRETT RESRCE COMMON 068480201 1175 31800.00 SH SOLE 31800.00
BASIN EXP COMMON 070107107 218 9100.00 SH SOLE 9100.00
BELLSOUTH CORP COMMON 079860102 513 11400.00 SH SOLE 11400.00
BERKSHIRE HATHAWAY-CL B COMMON 084670207 566 305.00 SH SOLE 305.00
BIOCHEM PHARMA COMMON 09058T108 783 32700.00 SH SOLE 32700.00
BIOMET COMMON 090613100 376 14300.00 SH SOLE 14300.00
BJ SERVICES COMMON 055482103 1591 50000.00 SH SOLE 50000.00
BOMBAY CO COMMON 097924104 1013 200000.00SH SOLE 200000.00
BORON LEPORE & ASSOC COMMON 10001p102 1668 296600.00SH SOLE 296600.00
BP AMOCO PLC COMMON 055622104 10296 92912.00 SH SOLE 92912.00
BRISTOL MYERS SQUIBB CO COMMON 110122108 140 2068.00 SH SOLE 2068.00
BURLINGTON INDS COMMON 121693105 558 124000.00SH SOLE 124000.00
BURLINGTON RESOURCES COMMON 122014103 8158 221980.00SH SOLE 221980.00
C & F FINANCIAL CORP COMMON 12466Q104 846 36800.00 SH SOLE 36800.00
C3 INC/NC COMMON 22942p109 304 30000.00 SH SOLE 30000.00
CALLON PETROLEUM COMMON 13123x102 1068 70000.00 SH SOLE 70000.00
CAPITAL ONE FINANCIAL COMMON 14040h105 3553 91090.00 SH SOLE 91090.00
CARNIVAL CORP COMMON 143658102 87 2000.00 SH SOLE 2000.00
CAROLINA POWER & LIGHT CO COMMON 144141108 67 1900.00 SH SOLE 1900.00
CARRIER ACCESS CORP COMMON 144460102 544 13000.00 SH SOLE 13000.00
CATALYTICA INC. COMMON 148885106 750 50000.00 SH SOLE 50000.00
CENDANT CORP COMMON 151313103 9303 524130.00SH SOLE 524130.00
CENTURA BANK COMMON 15640T100 455 10999.00 SH SOLE 10999.00
CHASE MANHATTAN COMMON 16161A108 86 1140.00 SH SOLE 1140.00
CHEVRON CORP COMMON 166751107 5612 63237.00 SH SOLE 63237.00
CISCO SYSTEMS INC COMMON 17275r102 25195 367469.00SH SOLE 367469.00
CITIGROUP INC. COMMON 172967101 31648 719275.00SH SOLE 719275.00
CLARIFY INC COMMON 180492100 1258 25000.00 SH SOLE 25000.00
COCA-COLA CO COMMON 191216100 201 4165.00 SH SOLE 4165.00
COLLATERAL THERAPEUTICS COMMON 193921103 732 38500.00 SH SOLE 38500.00
COLONIAL BANCGROUP INC COMMON 195493309 559 50000.00 SH SOLE 50000.00
COMCAST CL A SPL (NON-VTG) COMMON 200300200 7664 192200.00SH SOLE 192200.00
COMPUTER SCIENCES CORP COMMON 205363104 11040 157020.00SH SOLE 157020.00
CONCENTRIC NETWORK CORP COMMON 20589r107 609 30000.00 SH SOLE 30000.00
CONCORD EFS, INC. COMMON 928 45000.00 SH SOLE 45000.00
CONE MILLS COMMON 206814105 341 70000.00 SH SOLE 70000.00
CONRAD INDUSTRIES COMMON 208305102 788 150000.00SH SOLE 150000.00
CORE LABS COMMON N22717107 1579 84200.00 SH SOLE 84200.00
CREDENCE SYST COMMON 225302108 1122 25000.00 SH SOLE 25000.00
CREE RESEARCH COMMON 225447101 1385 40800.00 SH SOLE 40800.00
CRESCENT REAL ESTATE EQT CO COMMON 225756105 1260 70000.00 SH SOLE 70000.00
DAIMLERCHRYSLER AG COMMON d1668r123 333 4797.00 SH SOLE 4797.00
DAYTON HUDSON COMMON 239753106 13491 224620.00SH SOLE 224620.00
DELL COMPUTER COMMON 247025109 19635 469600.00SH SOLE 469600.00
2 50.00 SH DEFINED 50.00
DISNEY (WALT) CO COMMON 254687106 91 3493.00 SH SOLE 3493.00
DUKE ENERGY COMMON 264399106 3214 58300.00 SH SOLE 58300.00
DUPONT COMMON 263534109 1217 20120.00 SH SOLE 20120.00
DYCOM INDUSTRIES INC COMMON 267475101 422 10000.00 SH SOLE 10000.00
ECLIPSYS CORP COMMON 278856109 359 25000.00 SH SOLE 25000.00
EMC CORP COMMON 268648102 35438 496500.00SH SOLE 496500.00
EMERSON ELECTRIC COMMON 291011104 16454 260400.00SH SOLE 260400.00
ENSCO INTERNATIONAL INC COMMON 26874Q100 2702 149600.00SH SOLE 149600.00
EQUITY INCOME FUND (AT & T) COMMON 294700703 233 1183.00 SH SOLE 1183.00
EVERGREEN RESOURCES COMMON 299900308 553 23000.00 SH SOLE 23000.00
EXXON CORP COMMON 302290101 7582 99758.00 SH SOLE 99758.00
FANNIE MAE COMMON 313586109 21429 341840.00SH SOLE 341840.00
FEDERAL-MOGUL COMMON 313549107 3308 120000.00SH SOLE 120000.00
FEDERATED DEPT STORES COMMON 31410H101 13791 315675.00SH SOLE 315675.00
FIRST DATA CORP COMMON 319963104 385 8784.00 SH SOLE 8784.00
FIRST FINANCIAL HLDGS INC COMMON 320239106 1039 60000.00 SH SOLE 60000.00
FIRST UNION CORP COMMON 337358105 749 21024.00 SH SOLE 21024.00
FREDDIE MAC COMMON 313400301 1497 28791.00 SH SOLE 28791.00
FTD.COM INC COMMON 30265f103 161 20000.00 SH SOLE 20000.00
FUNDTECH LTD COMMON 558 25000.00 SH SOLE 25000.00
GABLES RESIDENTIAL TR REIT COMMON 362418105 1680 70000.00 SH SOLE 70000.00
GELTEX PHARMACEUTICALS INC COMMON 368538104 278 25000.00 SH SOLE 25000.00
GENERAL DYNAMICS COMMON 369550108 4951 79300.00 SH SOLE 79300.00
GENERAL ELECTRIC COMMON 369604103 23416 197495.00SH SOLE 197495.00
GENERAL MLS INC COMMON 370334104 14813 182600.00SH SOLE 182600.00
GENZYME SURGICAL PRODUCTS COMMON 372917609 201 35700.00 SH SOLE 35700.00
GILEAD COMMON 375558103 218 3400.00 SH SOLE 3400.00
GILLETTE CO COMMON 375766102 7 200.00 SH SOLE 200.00
GOODRICH (B.F.) CO COMMON 382388106 1450 50000.00 SH SOLE 50000.00
GREY WOLF INC COMMON 397888108 1200 400000.00SH SOLE 400000.00
GTE CORP COMMON 362320103 236 3073.00 SH SOLE 3073.00
GULF ISLAND FAB COMMON 402307102 1055 80000.00 SH SOLE 80000.00
HALLIBURTON CO COMMON 406216101 14045 342570.00SH SOLE 342570.00
HANOVER COMPRESSOR COMMON 410768105 795 25000.00 SH SOLE 25000.00
HEWLETT-PACKARD COMMON 428236103 399 4400.00 SH SOLE 4400.00
HOME DEPOT COMMON 437076102 2277 33182.00 SH SOLE 33182.00
HOUSEHOLD INTL INC COMMON 441815107 5103 127170.00SH SOLE 127170.00
HOUSTON EXPLORATION COMMON 442120101 982 45300.00 SH SOLE 45300.00
HUNT (JB) COMMON 445658107 1388 100000.00SH SOLE 100000.00
IBM COMMON 459200101 1771 14636.00 SH SOLE 14636.00
ICG COMMUNICATIONS INC COMMON 778 50000.00 SH SOLE 50000.00
IDEXX LABORATORIES COMMON 45168d104 1291 75000.00 SH SOLE 75000.00
IMAGYN MEDICAL TECH COMMON 45244e100 1 29500.00 SH SOLE 29500.00
IMC GLOBAL INC COMMON 449669100 1456 100000.00SH SOLE 100000.00
IMPERIAL CHEMICAL IND ADR COMMON 452704505 1641 38000.00 SH SOLE 38000.00
INTEL CORP COMMON 458140100 16127 217019.00SH SOLE 217019.00
INTRANET SOLUTIONS INC COMMON 460939309 388 45000.00 SH SOLE 45000.00
IRI INTL CORP COMMON 45004f107 1172 250000.00SH SOLE 250000.00
JEFFERSON-PILOT COMMON 475070108 17335 274348.00SH SOLE 274348.00
JOHNSON & JOHNSON COMMON 478160104 10819 117763.00SH SOLE 117763.00
K N ENERGY INC COMMON 482620101 1122 50000.00 SH SOLE 50000.00
KELLSTRON INDS COMMON 488035106 978 100000.00SH SOLE 100000.00
KEY ENERGY COMMON 492914106 988 200000.00SH SOLE 200000.00
KMART COMMON 482584109 10519 900000.00SH SOLE 900000.00
LIGAND PHARM COMMON 53220K207 592 77600.00 SH SOLE 77600.00
LUCENT TECH INC COMMON 549463107 19189 295785.00SH SOLE 295785.00
MAVERICK TUBE COMMON 577914104 1247 75000.00 SH SOLE 75000.00
MCI WORLDCOM INC COMMON 55268b106 23177 322457.00SH SOLE 322457.00
MEDAREX INC COMMON 583916101 328 46000.00 SH SOLE 46000.00
MEDTRONIC, INC COMMON 585055106 2138 60110.00 SH SOLE 60110.00
MERCK & CO COMMON 589331107 16214 250172.00SH SOLE 250172.00
MERRILL LYNCH & CO INC COMMON 590188108 10147 150600.00SH SOLE 150600.00
MICROSOFT CORP COMMON 594918104 25785 284719.00SH SOLE 284719.00
MITCHELL ENERGY & DEV CORP CL COMMON 606592301 642 27300.00 SH SOLE 27300.00
MOBIL CORP COMMON 607059102 19777 196300.00SH SOLE 196300.00
MORGAN ST DEAN WITTER, DISC & COMMON 617446448 8027 90000.00 SH SOLE 90000.00
NATIONAL-OILWELL INC COMMON 637071101 822 50000.00 SH SOLE 50000.00
NETGRAVITY COMMON 641114103 1223 37000.00 SH SOLE 37000.00
NEWPARK RESOURCE COMMON 651718504 775 100000.00SH SOLE 100000.00
NEWS CORP LTD ADS COMMON 652487703 1946 68425.00 SH SOLE 68425.00
NOBLE DRILLING COMMON 655421071 1313 60000.00 SH SOLE 60000.00
NORTH AM VAC COMMON 657201109 479 63900.00 SH SOLE 63900.00
NOVELLUS SYSTEMS COMMON 670008101 2023 30000.00 SH SOLE 30000.00
OAK INDUSTRIES INC NEW COMMON 671400505 1700 50000.00 SH SOLE 50000.00
OAKWOOD HOMES COMMON 674098108 930 206600.00SH SOLE 206600.00
OCEAN ENERGY INC COMMON 67481e106 4467 438480.00SH SOLE 438480.00
ORTHODONTIC CENTERS OF AMERICA COMMON 68750p103 872 50000.00 SH SOLE 50000.00
OSTEOTECH COMMON 688582105 542 39787.00 SH SOLE 39787.00
PANDA PROJECT COMMON 69833f104 54 539100.00SH SOLE 539100.00
PARKER DRILLING COMMON 701081101 67 15000.00 SH SOLE 15000.00
PATTERSON ENGY COMMON 703414102 2321 152800.00SH SOLE 152800.00
PENNSYLVANIA REAL ESTATE INV T COMMON 709102107 783 41500.00 SH SOLE 41500.00
PEOPLES BANK OF BRIDGEPORT CT COMMON 710198102 1181 50000.00 SH SOLE 50000.00
PEPSICO INC COMMON 713448108 59 1940.00 SH SOLE 1940.00
PEREGRINE SYSTEMS INC COMMON 71366q101 1630 40000.00 SH SOLE 40000.00
PFIZER INC COMMON 717081103 2284 63675.00 SH SOLE 63675.00
PHARMA PROD DEV COMMON 717124101 689 50800.00 SH SOLE 50800.00
14 1000.00 SH DEFINED 1000.00
PHARMACEUTICAL RESOURCES COMMON 717125108 1629 321700.00SH SOLE 321700.00
PHILIP MORRIS COS COMMON 718154107 513 15000.00 SH SOLE 15000.00
PITNEY BOWES INC COMMON 724479100 1249 20500.00 SH SOLE 20500.00
POGO PRODUCING CO COMMON 730448107 1303 62800.00 SH SOLE 62800.00
POLO RALPH LAUREN COMMON 731572103 1794 100000.00SH SOLE 100000.00
POWER ONE COMMON 739308104 510 20000.00 SH SOLE 20000.00
PRI AUTOMATION COMMON 69357h106 1264 35000.00 SH SOLE 35000.00
PRIDE INTL INC COMMON 741932107 3579 252290.00SH SOLE 252290.00
PROCTER & GAMBLE CO COMMON 742718109 1801 19211.00 SH SOLE 19211.00
QUINTILES TRANSNAT'L COMMON 748767100 4332 227600.00SH SOLE 227600.00
R & B FALCON CORP COMMON 74912e101 4816 366930.00SH SOLE 366930.00
REMEC INC COMMON 759543101 1375 100000.00SH SOLE 100000.00
REPLIGEN CORP COMMON 759916109 29 10000.00 SH SOLE 10000.00
RITE AID CORP COMMON 767754104 8986 650555.00SH SOLE 650555.00
ROYAL DUTCH PETE CO COMMON 780257804 2873 48650.00 SH SOLE 48650.00
S & P 400 MID-CAP DEP RECPT COMMON 595635103 259 3600.00 SH SOLE 3600.00
SANTA FE INTL COMMON g7805c108 1560 72350.00 SH SOLE 72350.00
SAP AG COMMON 803054204 14878 394120.00SH SOLE 394120.00
4 100.00 SH DEFINED 100.00
SAWTEK INC COMMON 805468105 875 25000.00 SH SOLE 25000.00
SCB COMPUTER COMMON 78388n107 645 125000.00SH SOLE 125000.00
SCHERING PLOUGH CORP COMMON 806605101 136 3110.00 SH SOLE 3110.00
SCHLUMBERGER LTD COMMON 806857108 1265 20300.00 SH SOLE 20300.00
SHAW GROUP INC COMMON 820280105 673 30000.00 SH SOLE 30000.00
SHIRE PHARMACEUTICALS GRP COMMON g81083100 4335 462700.00SH SOLE 462700.00
19 2000.00 SH DEFINED 2000.00
SMITHKLINE BEECHAM ADS COMMON 832378301 461 8000.00 SH SOLE 8000.00
SPRINT CORP (FON GROUP) COMMON 852061100 158 2910.00 SH SOLE 2910.00
STANDARD & POOR'S DEP RCPTS COMMON 78462f103 1513 11754.00 SH SOLE 11754.00
STOLT COMEX SEAWAY S.A. - ADR COMMON 861567105 653 60000.00 SH SOLE 60000.00
SUN MICROSYSTEMS INC COMMON 866810104 242 2600.00 SH SOLE 2600.00
SUPERIOR CONSULTANT HLDGS COMMON 868146101 529 45000.00 SH SOLE 45000.00
TECH DATA CORP COMMON 878237106 349 15000.00 SH SOLE 15000.00
TELCOM SEMICONDUCTOR COMMON 87921p107 638 50000.00 SH SOLE 50000.00
TEREX CORP COMMON 880779103 1972 62600.00 SH SOLE 62600.00
TEXAS INSTRUMENTS COMMON 882508104 15796 192050.00SH SOLE 192050.00
THE LITTLE BANK, INC COMMON 53700p106 532 52500.00 SH SOLE 52500.00
THERMO ELECTRON COMMON 883556102 8063 600000.00SH SOLE 600000.00
TRANSCOASTAL MARINE SVCS COMMON 893537100 288 50000.00 SH SOLE 50000.00
TRANSOCEAN OFFSHORE INC COMMON g90076103 637 20800.00 SH SOLE 20800.00
TRIMERIS INC. COMMON 896263100 1001 60000.00 SH SOLE 60000.00
TRUSTMARK CORP COMMON 898402102 1688 75000.00 SH SOLE 75000.00
TUBOSCOPE VETCO COMMON 898600101 1244 100000.00SH SOLE 100000.00
TYCO INTL COMMON 902124106 17171 166301.00SH SOLE 166301.00
UNIFAB INTL COMMON 90467l100 548 68000.00 SH SOLE 68000.00
UNILEVER NV NEW YORK SHS COMMON 904784709 11677 171407.00SH SOLE 171407.00
UNIT CORP COMMON 909218109 756 100000.00SH SOLE 100000.00
UNITED TECHNOLOGIES CORP COMMON 913017109 284 4792.00 SH SOLE 4792.00
UNUM PROVIDENT CORP COMMON 91529y106 7799 264950.00SH SOLE 264950.00
USWEB CORP COMMON 917327108 1716 50000.00 SH SOLE 50000.00
VASOMEDICAL INC COMMON 922321104 13 12000.00 SH SOLE 12000.00
3 3000.00 SH DEFINED 3000.00
VENTANA MEDICAL SYSTEMS COMMON 92276h106 323 19000.00 SH SOLE 19000.00
VERSUS TECHNOLOGY INC COMMON 925313108 4 25000.00 SH SOLE 25000.00
VIRTUALFUND.COM INC COMMON 92825a107 25 10000.00 SH SOLE 10000.00
WACHOVIA CORP NEW COMMON 929771103 616 7836.00 SH SOLE 7836.00
WAL-MART STORES COMMON 931142103 5641 118600.00SH SOLE 118600.00
WARNER LAMBERT CO COMMON 934488107 10611 159865.00SH SOLE 159865.00
WASHINGTON MUTUAL INC COMMON 939322103 702 24000.00 SH SOLE 24000.00
WATSON PHARMACEUTICALS COMMON 942683103 1779 58220.00 SH SOLE 58220.00
79 2580.00 SH DEFINED 2580.00
WEBTRENDS CORP COMMON 94844D104 1783 40000.00 SH SOLE 40000.00
WINSTAR COMMUNICATIONS INC COMMON 975515107 781 20000.00 SH SOLE 20000.00
WINSTON HOTELS INC COMMON 97563a102 888 100000.00SH SOLE 100000.00
WORLD ACCESS INC COMMON 98141a101 895 80000.00 SH SOLE 80000.00
XEROX CORP COMMON 984121103 109 2600.00 SH SOLE 2600.00
CCB EQUITY FUND MF 12500e307 3120 143397.753SH SOLE 143397.753
FIDELITY DAILY MONEY FUND US T MF 233809706 106 106243.590SH SOLE 106243.590
JANUS WORLDWIDE FUND MF 471023309 248 4535.167 SH SOLE 4535.167
VANGUARD H/Y TAX-EXEMPT FD MF 922907407 304 29436.336SH SOLE 29436.336
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