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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 September 30, 1999
(Please read instructions before preparing form.)
If amended report check here: |_|
MATRIX ASSET ADVISORS
- --------------------------------------------------------------------------------
Name of Institutional Investment Manager
747 Third Avenue New York NY 10017
- --------------------------------------------------------------------------------
Business Address (Street) (City) (State) (Zip)
CRAIG ALLEN SKOLNICK 212-486-2008 VICE PRESIDENT
- --------------------------------------------------------------------------------
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 herein 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 instutional investment manager has caused this report to be signed
on its behalf in the City of NEW YORK and the State of NY on the 11th day of
NOVEMBER, 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 filed (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.
13F File No.: Name: 13F File No.: Name:
------------- --------------------- ------------- ---------------------
1. 6.
------------- --------------------- ------------- ---------------------
2. 7.
------------- --------------------- ------------- ---------------------
3. 8.
------------- --------------------- ------------- ---------------------
4. 9.
------------- --------------------- ------------- ---------------------
5. 10.
------------- --------------------- ------------- ---------------------
<PAGE>
Matrix Asset Advisors, Inc.
FORM 13F
September 30, 1999
<TABLE>
<CAPTION>
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 4080 141925.000 SH SOLE 13400.000 128525.000
AT&T COM 001957109 673 15476.000 SH SOLE 300.000 15176.000
Abbott Laboratories COM 002824100 324 8833.000 SH SOLE 8833.000
Aetna Inc. COM 008117103 4021 81654.000 SH SOLE 6350.000 75304.000
Alcatel SA COM 013904305 5859 211130.000 SH SOLE 17400.000 193730.000
America Online COM 02364J104 440 4225.000 SH SOLE 4225.000
American Express Co. COM 025816109 8098 59983.000 SH SOLE 1025.000 58958.000
American Home Products, Inc. COM 026609107 5347 128835.000 SH SOLE 10100.000 118735.000
American International Group I COM 026874107 306 3516.000 SH SOLE 3516.000
Ameritech COM 030954101 193 2896.000 SH SOLE 2896.000
Ametek, Inc. COM 031100100 317 16000.000 SH SOLE 16000.000
Amgen COM 031162100 293 3600.000 SH SOLE 3600.000
Arrow Electronics COM 042735100 4679 265475.000 SH SOLE 21200.000 244275.000
Associated Group - Class B COM 045907102 545 9000.000 SH SOLE 9000.000
Atlantic Richfield Co. COM 048825103 492 5555.000 SH SOLE 5555.000
Bank One Corporation COM 06423a103 2857 82063.000 SH SOLE 7150.000 74913.000
Bank of America Corp. COM 060505104 5341 95909.000 SH SOLE 7100.000 88809.000
Bank of New York COM 064057102 363 10870.000 SH SOLE 10870.000
Bausch & Lomb COM 071707103 8764 132910.000 SH SOLE 10350.000 122560.000
Baxter Int'l Inc. COM 071813109 202 3360.000 SH SOLE 300.000 3060.000
Bear Stearns Companies COM 073902108 660 17177.000 SH SOLE 700.000 16477.000
Beckman Coulter, Inc. COM 075816108 1416 31384.000 SH SOLE 1550.000 29834.000
Becton, Dickinson & Co. COM 075887109 376 13400.000 SH SOLE 13400.000
Bell Atlantic Corp. COM 077853109 3603 53526.000 SH SOLE 53526.000
Bellsouth Corp. COM 079860102 609 13527.000 SH SOLE 13527.000
Belvedere Resources, Ltd. COM 080903107 7 10000.000 SH SOLE 10000.000
Bristol-Myers COM 110122108 7965 118006.000 SH SOLE 6200.000 111806.000
Carey International COM 141750109 298 11900.000 SH SOLE 11900.000
Carmike Cinemas COM 143436103 979 74600.000 SH SOLE 3850.000 70750.000
Chase Manahattan Corp. COM 16161A108 248 3286.000 SH SOLE 3286.000
Chubb Corp. COM 171232101 303 6114.000 SH SOLE 6114.000
Citigroup COM 172967101 501 11380.000 SH SOLE 11380.000
Coca Cola COM 191216100 1299 26930.000 SH SOLE 26930.000
Colgate Palmolive Co COM 194162103 220 4800.000 SH SOLE 4800.000
Comerica Bank COM 200340107 2509 49570.000 SH SOLE 49570.000
Compaq Computer COM 204493100 2721 118963.000 SH SOLE 11100.000 107863.000
Computer Associates COM 204912109 2587 42317.000 SH SOLE 925.000 41392.000
Dow Chemical COM 260543103 395 3476.000 SH SOLE 3476.000
E.I. duPont de Nemours & Co. COM 263534109 378 6249.000 SH SOLE 6249.000
Eastman Kodak, Co. COM 277461109 8901 117701.000 SH SOLE 9600.000 108101.000
Ebasone Corp. COM 278626106 23 10000.000 SH SOLE 10000.000
Electronic Data Systems COM 285661104 7795 147241.000 SH SOLE 15650.000 131591.000
Exxon Corporation COM 302290101 2427 31939.000 SH SOLE 31939.000
Federal Natl. Mortgage Assn. COM 313586109 884 14103.000 SH SOLE 800.000 13303.000
First Data Corp. COM 319963104 9995 227800.000 SH SOLE 22300.000 205500.000
Foundation Health Systems COM 350404109 1045 110752.000 SH SOLE 8200.000 102552.000
GPU Inc. COM 36225X100 251 7699.000 SH SOLE 7699.000
GTE Corp. COM 362320103 1212 15764.000 SH SOLE 15764.000
General Electric Co. COM 369604103 4630 39052.000 SH SOLE 39052.000
Global Crossing Ltd. COM G3921A100 13346 503605.000 SH SOLE 40180.000 463425.000
Hewlett-Packard Inc. COM 428236103 497 5475.000 SH SOLE 500.000 4975.000
Hon Industries COM 438092108 898 46625.000 SH SOLE 7600.000 39025.000
Hybridon Inc. COM 44860m801 19 43579.000 SH SOLE 43579.000
Intel Corporation COM 458140100 663 8928.000 SH SOLE 8928.000
International Business Machine COM 459200101 1843 15232.000 SH SOLE 15232.000
J P Morgan Co. COM 616880100 1410 12343.000 SH SOLE 2950.000 9393.000
Johnson & Johnson COM 478160104 664 7224.000 SH SOLE 7224.000
Lone Star Steakhouse & Saloon COM 542307103 1650 214575.000 SH SOLE 30300.000 184275.000
Lucent Technologies COM 549463107 518 7980.000 SH SOLE 256.000 7724.000
MIM Corp. COM 553044108 26 12000.000 SH SOLE 12000.000
</TABLE>
<PAGE>
Matrix Asset Advisors, Inc.
FORM 13F
September 30, 1999
<TABLE>
<CAPTION>
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>
Mahoning National Bancorporati COM 560090102 350 9100.000 SH SOLE 9100.000
Mandalay Resort Group COM 562567107 2252 114025.000 SH SOLE 10850.000 103175.000
Manpower Inc. COM 56418H100 7953 273075.000 SH SOLE 25200.000 247875.000
Mark IV Industries Inc. COM 570387100 7007 354788.000 SH SOLE 27205.000 327583.000
Mattel Inc. COM 577081102 5148 270930.000 SH SOLE 25800.000 245130.000
Maxcor Financial Group COM 57772G100 58 20000.000 SH SOLE 20000.000
McDonald's Corp. COM 580135101 238 5500.000 SH SOLE 5500.000
Merck & Co., Inc. COM 589331107 3355 51768.000 SH SOLE 51768.000
Merrill Lynch & Co. COM 590188108 231 3430.000 SH SOLE 400.000 3030.000
Microsoft Corporation COM 594918104 545 6014.000 SH SOLE 6014.000
Minnesota Mining and Manufactu COM 604059105 296 3078.007 SH SOLE 3078.007
Mobil Corp. COM 607059102 236 2347.000 SH SOLE 2347.000
Motorola Inc COM 620076109 7671 87175.000 SH SOLE 6475.000 80700.000
Multi-media Industries Corp COM 62541l109 8 20000.000 SH SOLE 20000.000
Mylan Laboratories, Inc. COM 628530107 1927 104875.000 SH SOLE 12050.000 92825.000
Nexell Therapeutics Inc. COM 65332h104 22 15200.000 SH SOLE 15200.000
Novellus Systems COM 670008101 3935 58355.000 SH SOLE 3950.000 54405.000
O'Sullivan Industries COM 688609106 9563 637500.000 SH SOLE 56100.000 581400.000
Olsten Corp. COM 681385100 1640 157150.000 SH SOLE 7500.000 149650.000
Orthodontix Inc. COM 68750q101 34 38000.000 SH SOLE 38000.000
Outback Steakhouse COM 689899102 231 9075.000 SH SOLE 1200.000 7875.000
Pepsico, Inc. COM 713448108 188 6171.000 SH SOLE 6171.000
Pfizer, Inc. COM 717081103 350 9765.000 SH SOLE 9765.000
Pharmacia/Upjohn COM 716941109 6751 136042.000 SH SOLE 11550.000 124492.000
Philip Morris Co., Inc. COM 718154107 4715 137920.000 SH SOLE 13150.000 124770.000
Polaroid Inc. COM 731095105 6813 262034.000 SH SOLE 19300.000 242734.000
Pricesmart COM 741511109 276 7550.000 SH SOLE 7550.000
Procter & Gamble Co COM 742718109 503 5362.000 SH SOLE 5362.000
Public Svc. Elec & Gas COM 744573106 248 6415.000 SH SOLE 6415.000
SBC Communications Corp. COM 78387G103 311 6085.000 SH SOLE 6085.000
SLM Holding Corp. COM 78442A109 6570 152795.000 SH SOLE 12650.000 140145.000
Schlumberger Ltd. COM 806857108 4608 73945.000 SH SOLE 5625.000 68320.000
Sensormatic Electronics COM 817265101 8860 698305.000 SH SOLE 45800.000 652505.000
Shaw Industries COM 820286102 6293 396437.000 SH SOLE 34200.000 362237.000
Snap-On-Tools COM 833034101 218 6700.000 SH SOLE 6700.000
SpaceLabs Medical COM 846247104 4579 302750.000 SH SOLE 15150.000 287600.000
Sprint Corp. (Fon Group) COM 852061100 232 4278.000 SH SOLE 4278.000
St. Jude Medical Inc. COM 790849103 8517 270390.000 SH SOLE 24800.000 245590.000
Sterling Software COM 859547101 5802 290100.000 SH SOLE 29650.000 260450.000
Sun Microsystems Inc. COM 866810104 386 4150.000 SH SOLE 4150.000
Symantec Corp. COM 871503108 311 8650.000 SH SOLE 1000.000 7650.000
Tasty Baking Co. COM 876553306 127 10935.000 SH SOLE 10935.000
Teamstaff Inc. COM 87815u105 16 15000.000 SH SOLE 15000.000
Teva Pharma Inds ADR COM 881624209 2290 45525.000 SH SOLE 5950.000 39575.000
Toys "R" Us COM 892335100 3592 239455.000 SH SOLE 30400.000 209055.000
Tupperware Corp. COM 899896104 4057 200335.000 SH SOLE 25250.000 175085.000
Tyco International LTD. COM 902124106 1002 9700.000 SH SOLE 9700.000
US Oncology Inc. COM 90338w103 95 10500.000 SH SOLE 10500.000
Unifi, Inc. COM 904677101 1418 128925.000 SH SOLE 11700.000 117225.000
United Community Financial COM 909839102 219 15887.000 SH SOLE 15887.000
United Healthcare COM 910581107 313 6425.000 SH SOLE 6425.000
Vishay Intertechnology COM 928298108 8466 356455.000 SH SOLE 27650.000 328805.000
Vodafone Airtouch PLC ADR COM 92857T107 248 1042.000 SH SOLE 1042.000
Wachovia Corp. COM 929771103 1214 15435.000 SH SOLE 15435.000
Wal-Mart Stores, Inc. COM 931142103 413 8690.000 SH SOLE 8690.000
Walt Disney Company COM 254687106 227 8715.000 SH SOLE 8715.000
Warner-Lambert Company COM 934488107 318 4785.000 SH SOLE 4785.000
Washington Gas Light COM 938837101 312 11492.000 SH SOLE 11492.000
Wilmington Trust COM 971807102 2309 47550.000 SH SOLE 4150.000 43400.000
</TABLE>
<PAGE>
Matrix Asset Advisors, Inc.
FORM 13F
September 30, 1999
<TABLE>
<CAPTION>
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>
REPORT SUMMARY 119 DATA RECORDS 284832 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
</TABLE>
Do not save this screen as a text file. This report automatically creates the
text file 13ftable.txt, which meets all SEC filing requirements. For details on
the location of this text file, see your 705 Report documentation.
