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ALLIANZ OF AMERICA, INC.
FORM 13F
As of 03/31/99
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PRICE QUANTITY MARKET MARKET
CUSIP SYMBOL (UNITS) SECURITY NAME PRICE VALUE
- -------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
885535104 COMS 670,320 3COM CORPORATION 23.313 15,627,170
886101 ADCT 837,900 ADC TELECOMMUNICATION INC. 47.688 39,957,775
00130H105 AES 789,990 AES CORP 37.25 29,427,128
30954101 AIT 957,650 AMERITECH CORPORATION 57.625 55,184,581
19512102 ALD 1,101,300 ALLIED SIGNAL INC. 49.188 54,170,744
30111108 AMSC 134,000 AMERICAN SUPERCONDUCTOR CORP. 9.125 1,222,750
38222105 AMAT 957,600 APPLIED MATERIALS INC. 61.688 59,072,429
38225108 APW 25,000 APPLIED POWER INC. 27.25 681,250
38336103 ATR 1,197,000 AptarGroup Inc. 26 31,122,000
38505103 ARDM 394,010 ARADIGM CORP 9.125 3,595,341
46008108 AFS 406,970 ASSOCIATES FIRST CAPITAL CORP 45 18,313,650
1957109 T 957,600 AT&T 79.813 76,428,929
53015103 AUD 1,915,300 AUTOMATIC DATA PROCESSING 41.375 79,245,538
06605F102 BAC 335,191 BANKAMERICA CORP (NEW) 70.625 23,672,835
77853109 BEL 718,200 BELL ATLANTIC CORPORATION 51.688 37,122,322
55622104 BPA 239,424 BP AMOCO PLC- SPONS ADR 101 24,181,780
110122108 BMY 1,197,100 BRISTOL-MYERS SQUIBB 64.125 76,764,038
147528103 CASY 598,500 CASEY'S GENERAL STORES INC 14.75 8,827,875
152312104 CTX 1,005,480 CENTEX CORP 33.375 33,557,895
152342101 CNTO 430,890 CENTOCOR INCORPORATED 36.938 15,916,215
17275R102 CSCO 598,550 CISCO SYSTEMS INC. 109.563 65,578,934
172967101 C 1,556,740 CITIGROUP INC. 63.875 99,436,736
191216100 KO 311,220 COCA-COLA COMPANY 61.375 19,101,128
204493100 CPQ 598,500 COMPAQ COMPUTER CORP. 31.688 18,965,268
205887102 CAG 1,149,060 CONAGRA INC 25.625 29,444,663
208464107 CNC 278,310 CONSECO INC. 30.875 8,592,821
218412104 CDD 814,020 CORDANT TECHNOLOGIES INC. 39.813 32,408,578
22160Q102 COST 909,740 COSTCO COMPANIES INC. 91.563 83,298,524
233044106 DBT 392,000 DBT ONLINE INC. 24.875 9,751,000
253651103 DBD 463,800 DIEBOLD INC. 24 11,131,200
277461109 EK 100 EASTMAN KODAK CO 63.875 6,388
284871100 EFCX 322,680 ELECTRIC FUEL COMPANY 2.688 867,364
302290101 XON 718,150 EXXON CORP. 70.563 50,674,818
313586109 FNM 1,915,200 FEDL NATIONAL MORTGAGE ASSN 69.25 132,627,600
318900107 FAM 574,520 FIRST AMERICAN CORP. - TENN 36.875 21,185,425
338915101 FLT 1,197,000 FLEET FINANCIAL GROUP INC 37.625 45,037,125
345370100 F 598,500 FORD MOTOR COMPANY 56.688 33,927,768
367833100 GTW 478,800 GATEWAY 2000 INC. 68.563 32,827,964
369604103 GE 1,436,400 GENERAL ELECTRIC CORP. 110.625 158,901,750
370442832 GMH 430,940 GENERAL MOTORS CORP CLASS H 50.438 21,735,752
375766102 G 430,930 GILLETTE COMPANY 59.438 25,613,617
416592103 HLI 430,890 HARTFORD LIFE INC. 55 23,698,950
428236103 HWP 550,620 HEWLETT PACKARD CO 67.813 37,339,194
437076102 HD 1,771,580 HOME DEPOT INC. 62.25 110,280,855
443208103 HWM 584,100 HOWMET INTERNATIONAL INC. 14.313 8,360,223
446150104 HBAN 766,035 HUNTINGTON BANC 30.938 23,699,591
449370105 IDPH 478,850 IDEC PHARMACEUTICALS CORPORATION 51.375 24,600,919
452308109 ITW 718,200 ILLINOIS TOOL WORKS 61.875 44,438,625
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<TABLE>
<CAPTION>
PRICE QUANTITY MARKET MARKET
CUSIP SYMBOL (UNITS) SECURITY NAME PRICE VALUE
- -------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
452528102 IMNX 383,180 IMMUNEX CORPORATION 83.25 31,899,735
458140100 INTC 1,053,360 INTEL CORPORATION 118.875 125,218,170
478160104 JNJ 957,600 JOHNSON & JOHNSON 93.5 89,535,600
493267108 KEY 837,850 KEYCORP 30.313 25,397,747
524901105 LM 1,077,250 LEGG MASON INC. 33.688 36,290,398
524908100 LEH 574,520 LEHMAN BROS. 59.75 34,327,570
532457108 LLY 431,560 LILLY (ELI) & CO 84.875 36,628,655
549463107 LU 502,660 LUCENT TECHNOLOGIES, INC. 108 54,287,280
580037109 MDR 439,200 MCDERMOTT INTERNATIONAL INCORPORATED 25.313 11,117,470
55268B106 WCOM 1,197,000 MCI WORLDCOM INC. 88.563 106,009,911
585055106 MDT 1,891,260 MEDTRONIC INC. 71.875 135,934,313
585509102 MEL 909,680 MELLON BANK CORP. 70.375 64,018,730
587342106 MTL 574,520 MERCANTILE BANCORPORATION 47.5 27,289,700
589331107 MRK 1,077,300 MERCK & CO. 80.125 86,318,663
590188108 MER 430,890 MERRILL LYNCH 88.5 38,133,765
594918104 MSFT 1,819,440 MICROSOFT CORPORATION 89.625 163,067,310
607059102 MOB 239,400 MOBIL CORPORATION 88 21,067,200
640517108 NPTH 193,500 NEOPATH INC. 4 774,000
665859104 NTRS 574,470 NORTHERN TRUST CORP. 88.813 51,020,404
670008101 NVLS 281,200 NOVELLUS SYSTEMS 55.125 15,501,150
Y6476W104 OMM 869,450 OMI CORPORATION 2 1,738,900
681919106 OMC 1,843,290 OMNICOM GROUP 79.938 147,348,916
713448108 PEP 1,149,040 PEPSICO INC. 39.188 45,028,580
716597109 PGO 1,578,420 PETROLEUM GEO SERVICES A/S 15.25 24,070,905
717081103 PFE 478,800 PFIZER INC. 138.75 66,433,500
718154107 MO 837,950 PHILIP MORRIS COMPANIES, INC. 35.188 29,485,785
742718109 PG 478,800 PROCTER & GAMBLE CO 97.938 46,892,714
7.49E+105 FLC 1,268,790 R & B FALCON CORPORATION 8.625 10,943,314
780257804 RD 550,160 ROYAL DUTCH PETRO-ADR 52 28,608,320
78462F103 SPY 104,100 S&P 500 DEPOSITARY RECEIPT 128.375 13,363,838
806857108 SLB 463,800 SCHLUMBERGER LTD. 60.188 27,915,194
844730101 SOTR 526,660 SOUTHTRUST CORP 37.313 19,651,265
790849103 STJ 362,510 ST. JUDE MEDICAL INC. 24.375 8,836,181
866005101 SUB 526,660 SUMMIT BANCORP 39 20,539,740
866810104 SUNW 718,200 SUN MICROSYSTEMS INC. 125.063 89,820,247
882508104 TXN 478,800 TEXAS INSTRUMENTS INC. 99.25 47,520,900
902973106 USB 717,350 U.S. BANCORP 34.063 24,435,093
913017109 UTX 574,620 UNITED TECHNOLOGIES CORP 135.438 77,825,384
91273H101 USW 239,400 US WEST COMMUNICATIONS GRP. 55.063 13,182,082
903293405 USG 718,150 USG CORP. 51.375 36,894,956
931142103 WMT 1,077,300 WAL MART STORES 92.188 99,314,132
931422109 WAG 2,633,400 WALGREEN CO 28.25 74,393,550
934488107 WLA 430,920 WARNER-LAMBERT CO 66.25 28,548,450
975515107 WCII 1,076,850 WINSTAR COMMUNICATIONS 36.344 39,137,036
984332106 YHOO 419,280 YAHOO! INC 168.375 70,596,270
437076AE2 40,000,000 Home Depot Inc. 3.25% Conv. due 10/01 277.25 110,900,000
432848AL3 HLT 13,000,000 HILTON HOTELS 5% 05/15/06, CONV BOND 94.125 12,236,250
78387G202 XTS 200,000 SBC COMM/TELMEX 7.75% CONVERT PFD 58 11,600,000
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