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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
INFORMATION REQUIRED OF INSTITUTIONAL INVESTMENT MANAGERS PURSUANT
TO SECTION 13(f) OF THE SECURITIES EXCHANGE ACT OF 1934 AND RULES THEREUNDER
Report for the Calendar Year or Quarter Ended June 30, 1999.
- --------------------------------------------------------------------------------
(Please read instructions before preparing form.)
- --------------------------------------------------------------------------------
If amended report check here: |_|
MATRIX ASSET ADVISORS, INC.
- --------------------------------------------------------------------------------
Name of Institutional Investment Manager
747 Third Avenue NEW YORK NY 10017
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Business Address (Street) (City) (State) (Zip)
CRAIG ALLEN SKOLNICK 212-486-2008 VICE PRESIDENT
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Name, Phone No., and Title of Person Duly Authorized to Submit This Report.
- ------------------------------------ATTENTION-----------------------------------
Intentional misstatements or omissions of facts constitute
Federal Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
- --------------------------------------------------------------------------------
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 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 NY on the 13th day of June,
1999.
MATRIX ASSET ADVISORS, INC.
------------------------------------------
(Name of Institutional Investment Manager)
/s/ CRAIG A. SKOLNICK
------------------------------------------
(Manual Signature of Person Duly
Authorized to Submit This Report)
Name and 13F file numbers of ALL Institutional Investment Managers with respect
to which this schedule is filled (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.: Name: 13F File No.:
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1. 6.
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2. 7.
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3. 8.
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4. 9.
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5. 10.
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SEC 1685 (5/91)
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<TABLE>
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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>
3 Com Corp. COM 885535104 3027 113425 SH SOLE 10050.000 103375.000
AT&T COM 001957109 812 14546 SH SOLE 300.000 14246.000
Abbott Laboratories COM 002824100 390 8600 SH SOLE 8600.000
Aetna Inc. COM 008117103 6772 75718 SH SOLE 5550.000 70168.000
Alcatel SA COM 013904305 6018 212080 SH SOLE 17400.000 194680.000
America Online COM 02364J104 464 4215 SH SOLE 4215.000
American Express Co. COM 025816109 7880 60555 SH SOLE 1025.000 59530.000
American Home Products, Inc. COM 026609107 1414 24645 SH SOLE 24645.000
American International Group I COM 026874107 330 2815 SH SOLE 2815.000
Ameritech COM 030954101 235 3196 SH SOLE 3196.000
Ametek, Inc. COM 031100100 368 16000 SH SOLE 16000.000
Amgen COM 031162100 219 3600 SH SOLE 3600.000
Arrow Electronics COM 042735100 5165 271850 SH SOLE 21200.000 250650.000
Associated Group - Class B COM 045907102 587 9000 SH SOLE 9000.000
Atlantic Richfield Co. COM 048825103 477 5705 SH SOLE 5705.000
Banctec Inc. COM 059784108 3680 205150 SH SOLE 8200.000 196950.000
Bancwest Corp. COM 059790105 364 9800 SH SOLE 9800.000
Bank One Corporation COM 06423a103 2581 43338 SH SOLE 2750.000 40588.000
Bank of America Corp. COM 060505104 6472 88274 SH SOLE 7000.000 81274.000
Bank of New York COM 064057102 399 10870 SH SOLE 10870.000
Bausch & Lomb COM 071707103 10059 131485 SH SOLE 10350.000 121135.000
Baxter Int'l Inc. COM 071813109 204 3360 SH SOLE 300.000 3060.000
Beckman Coulter, Inc. COM 075816108 1011 20785 SH SOLE 1400.000 19385.000
Becton, Dickinson & Co. COM 075887109 402 13400 SH SOLE 13400.000
Bell Atlantic Corp. COM 077853109 3549 54292 SH SOLE 54292.000
Bellsouth Corp. COM 079860102 446 9674 SH SOLE 9674.000
Belvedere Resources, Ltd. COM 080903107 11 10000 SH SOLE 10000.000
Bristol-Myers COM 110122108 8340 118406 SH SOLE 6200.000 112206.000
Carey International COM 141750109 293 11900 SH SOLE 11900.000
Carmike Cinemas COM 143436103 1297 81350 SH SOLE 3850.000 77500.000
Chase Manahattan Corp. COM 16161A108 284 3282 SH SOLE 3282.000
Chubb Corp. COM 171232101 425 6114 SH SOLE 6114.000
Citigroup COM 172967101 437 9193 SH SOLE 9193.000
Coca Cola COM 191216100 1670 26930 SH SOLE 26930.000
Colgate Palmolive Co COM 194162103 236 2400 SH SOLE 2400.000
Comerica Bank COM 200340107 2969 49945 SH SOLE 49945.000
Compaq Computer COM 204493100 1217 51388 SH SOLE 2400.000 48988.000
Computer Associates COM 204912109 2322 42417 SH SOLE 925.000 41492.000
Dow Chemical COM 260543103 441 3476 SH SOLE 3476.000
E.I. duPont de Nemours & Co. COM 263534109 408 5974 SH SOLE 5974.000
Eastman Kodak, Co. COM 277461109 8050 118814 SH SOLE 9600.000 109214.000
Ebasone Corp. COM 278626106 6 10000 SH SOLE 10000.000
Electronic Data Systems COM 285661104 8388 148141 SH SOLE 15650.000 132491.000
Exxon Corporation COM 302290101 2513 32581 SH SOLE 32581.000
Federal Natl. Mortgage Assn. COM 313586109 983 14403 SH SOLE 800.000 13603.000
First Data Corp. COM 319963104 11251 229900 SH SOLE 22500.000 207400.000
Foundation Health Systems COM 350404109 1937 129127 SH SOLE 18200.000 110927.000
Frontier Corp. COM 35906P105 15325 261400 SH SOLE 20100.000 241300.000
GPU Inc. COM 36225X100 241 5723 SH SOLE 5723.000
GTE Corp. COM 362320103 1171 15510 SH SOLE 15510.000
General Electric Co. COM 369604103 4428 39188 SH SOLE 39188.000
Golden West Financial COM 381317106 509 5190 SH SOLE 125.000 5065.000
Hewlett-Packard Inc. COM 428236103 550 5475 SH SOLE 500.000 4975.000
Hon Industries COM 438092108 568 19450 SH SOLE 1000.000 18450.000
Hybridon Inc. COM 44860m801 25 43579 SH SOLE 43579.000
Ingersoll-Rand Co. COM 456866102 223 3450 SH SOLE 3450.000
Intel Corporation COM 458140100 525 8828 SH SOLE 8828.000
International Business Machine COM 459200101 1995 15432 SH SOLE 15432.000
J P Morgan Co. COM 616880100 1723 12263 SH SOLE 2950.000 9313.000
Johnson & Johnson COM 478160104 706 7205 SH SOLE 7205.000
LAM Research Corp. COM 512807108 4371 93625 SH SOLE 12700.000 80925.000
Lone Star Steakhouse & Saloon COM 542307103 1994 205125 SH SOLE 30000.000 175125.000
Lucent Technologies COM 549463107 584 8659 SH SOLE 256.000 8403.000
MIM Corp. COM 553044108 29 12000 SH SOLE 12000.000
Mahoning National Bancorporati COM 560090102 398 9100 SH SOLE 9100.000
Mandalay Resort Group COM 562567107 2434 114875 SH SOLE 10850.000 104025.000
Manpower Inc. COM 56418H100 5316 234975 SH SOLE 20650.000 214325.000
Mark IV Industries Inc. COM 570387100 7717 365313 SH SOLE 31205.000 334108.000
Mattel Inc. COM 577081102 5191 198700 SH SOLE 16950.000 181750.000
Maxcor Financial Group COM 57772G100 49 20000 SH SOLE 20000.000
McDonald's Corp. COM 580135101 239 5800 SH SOLE 5800.000
Merck & Co., Inc. COM 589331107 3819 51868 SH SOLE 51868.000
Merrill Lynch & Co. COM 590188108 273 3430 SH SOLE 400.000 3030.000
Microsoft Corporation COM 594918104 524 5814 SH SOLE 5814.000
Minnesota Mining and Manufactu COM 604059105 258 2968 SH SOLE 2968.007
Mobil Corp. COM 607059102 242 2447 SH SOLE 2447.000
Motorola Inc COM 620076109 8319 87800 SH SOLE 6475.000 81325.000
Multi-media Industries Corp COM 62541l109 3 20000 SH SOLE 20000.000
Nexell Therapeutics Inc. COM 32 15200 SH SOLE 15200.000
Novellus Systems COM 670008101 4003 58655 SH SOLE 3950.000 54705.000
O'Sullivan Industries COM 688609106 10918 642250 SH SOLE 56100.000 586150.000
Olsten Corp. COM 681385100 3679 582777 SH SOLE 45750.000 537027.000
Orthodontix Inc. COM 68750q101 12 38000 SH SOLE 38000.000
Outback Steakhouse COM 689899102 357 9075 SH SOLE 1200.000 7875.000
Pepsico, Inc. COM 713448108 227 5871 SH SOLE 5871.000
Pfizer, Inc. COM 717081103 355 3255 SH SOLE 3255.000
Pharmacia/Upjohn COM 716941109 7536 132645 SH SOLE 11550.000 121095.000
Philip Morris Co., Inc. COM 718154107 5484 136470 SH SOLE 13150.000 123320.000
Polaroid Inc. COM 731095105 7275 264534 SH SOLE 19300.000 245234.000
Pricesmart COM 741511109 212 6050 SH SOLE 6050.000
Procter & Gamble Co COM 742718109 510 5712 SH SOLE 5712.000
Public Svc. Elec & Gas COM 744573106 262 6415 SH SOLE 6415.000
SLM Holding Corp. COM 78442A109 6983 152415 SH SOLE 12650.000 139765.000
Schlumberger Ltd. COM 806857108 4768 74870 SH SOLE 5625.000 69245.000
Second Bancorp Inc. COM 202 6900 SH SOLE 6900.000
Sensormatic Electronics COM 817265101 9754 699805 SH SOLE 45800.000 654005.000
Shaw Industries COM 820286102 6657 380387 SH SOLE 30200.000 350187.000
Snap-On-Tools COM 833034101 242 6700 SH SOLE 6700.000
SpaceLabs Medical COM 846247104 6823 361500 SH SOLE 29150.000 332350.000
Sprint Corp. (Fon Group) COM 852061100 227 4278 SH SOLE 4278.000
St. Jude Medical Inc. COM 790849103 9522 267290 SH SOLE 24800.000 242490.000
Standard and Poor's Depository COM 78462F103 366 2670 SH SOLE 2670.000
Sun Microsystems Inc. COM 866810104 289 4200 SH SOLE 4200.000
Symantec Corp. COM 871503108 221 8650 SH SOLE 1000.000 7650.000
Teamstaff Inc. COM 87815u105 17 15000 SH SOLE 15000.000
Teva Pharma Inds ADR COM 881624209 2207 45050 SH SOLE 5950.000 39100.000
Time Warner COM 887315109 232 3200 SH SOLE 3200.000
Toys "R" Us COM 892335100 4355 210505 SH SOLE 21150.000 189355.000
Tupperware Corp. COM 899896104 4964 194660 SH SOLE 25250.000 169410.000
US Oncology Inc. COM 126 10500 SH SOLE 10500.000
Unifi, Inc. COM 904677101 2567 120800 SH SOLE 11500.000 109300.000
United Community Financial COM 909839102 233 15887 SH SOLE 15887.000
United Healthcare COM 910581107 426 6800 SH SOLE 6800.000
Vishay Intertechnology COM 928298108 11740 559059 SH SOLE 49450.000 509609.000
Vodafone Airtouch PLC ADR COM 205 1042 SH SOLE 1042.000
Wachovia Corp. COM 929771103 1368 15985 SH SOLE 15985.000
Wal-Mart Stores, Inc. COM 931142103 419 8690 SH SOLE 8690.000
Walt Disney Company COM 254687106 255 8275 SH SOLE 8275.000
Warner-Lambert Company COM 934488107 331 4785 SH SOLE 4785.000
Washington Gas Light COM 938837101 338 13000 SH SOLE 13000.000
Wells Fargo Company COM 949746101 214 5015 SH SOLE 5015.000
Wilmington Trust COM 971807102 2765 48200 SH SOLE 4150.000 44050.000
</TABLE>
