UNITED STATES
SECURITIES AND EXCHANGE COMMISION
Washington DC 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Quarter Ended: 03/31/99
Check here if Amendment []; Amendment Number:
This Amendment (Check only one.) : [] is a restatement.
[] adds new holding entries.
Institutional Investment Manager Filing this Report:
Name : Stewart Ivory & Company Ltd
Address: 45 Charlotte Square
EDINBURGH
EH2 4HW
SCOTLAND
UK
13F File Number: 28-6518
The institutional investment manager filing this report and the perso
n by whom it is signed hereby represent that the person signing the
report is authorised 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 : Suzanne McCallum
Title : Compliance Assistant
Phone : 0131 226 3271
Signature, Place, and Date of Signing:
Suzanne McCallum Edinburgh, Scotland 09/28/99
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 SECURITIES EXCHANGE ACT 1934
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 118
Form 13F Information Table Value Total: $365,427,176.36
LIST OF OTHER INCLUDED MANAGERS:
No. 13F File Number Name
01 28-6518 Stewart Ivory & Company (International) Limited
<PAGE>
<TABLE> <C> <C>
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
AETNA INC COM STK 008117103 220
2650 SH SOLE 2650 0 0
ALEXION PHARMACEUTICALS COM STK 015351109 190
22500 SH SOLE 22500 0 0
AMERICA ONLINE COM STK 02364J104 4013
27300 SH SOLE 27300 0 0
AMERICAN HOME PRODUCTS COM STK 026609107 8747
134050 SH DEFINED 01 128050 6000 0
AMERICAN INTERNATIONAL GROUP COM STK 026874107 13124
108800 SH DEFINED 01 104525 4275 0
ANADARKO PETROLEUM CORP COM STK 032511107 385
10200 SH SOLE 10200 0 0
ANHEUSER-BUSCH COS INC COM STK 035229103 563
7400 SH SOLE 7400 0 0
APOLLO GROUP CLA 037604105 657
22000 SH DEFINED 01 10000 12000 0
AUTOZONE INC COM STK 053332102 4726
155600 SH DEFINED 01 145100 10500 0
BALLARD POWER SYSTEMS COM STK 05858H104 418
9000 SH SOLE 01 9000 0 0
BANKAMERICA COM STK 06605F102 31
432 SH SOLE 432 0 0
BANK OF NEW YORK COM STK 064057102 8661
241000 SH DEFINED 01 229000 12000 0
BANK ONE CORP COM STK 06423A103 7670
139294 SH SOLE 139294 0 0
BAXTER INTERNATIONAL INC COM STK 071813109 23
341 SH SOLE 341 0 0
BEMIS CO COM STK 081437105 3538
113900 SH DEFINED 01 106900 7000 0
BLACK BOX CORP COM STK 091828107 3233
104300 SH DEFINED 01 88300 16000 0
BMC SOFTWARE COM STK 055921100 5856
158000 SH DEFINED 01 149500 8500 0
BRISTOL MYERS SQUIBB COM STK 110122108 115
1800 SH SOLE 1800 0 0
CARDINAL HEALTH INC COM STK 14149Y108 12769
193467 SH DEFINED 01 187467 6000 0
CATERPILLAR INC COM STK 149123101 459
10000 SH SOLE 10000 0 0
CDW COMPUTER CENTERS INC COM STK 125129106 4439
64330 SH DEFINED 01 57300 7000 0
CENTRAL PARKING COM STK 154785109 518
15000 SH SOLE 01 15000 0 0
CHASE MANHATTAN CORP COM STK 16161A108 45
550 SH SOLE 550 0 0
CHEVRON COM STK 166751107 36
400 SH SOLE 400 0 0
CHUBB CORP COM STK 171232101 123
2100 SH SOLE 2100 0 0
CINTAS CORP COM STK 172908105 7263
111100 SH DEFINED 01 102600 8500 0
CISCO SYSTEMS INC COM STK 17275R102 11701
106793 SH DEFINED 01 101793 5000 0
CLEAN DIESEL TECHNOLOGIES INC COM STK 18449C104 2
2465 SH SOLE 2465 0 0
COCA-COLA COM STK 191216100 9
150 SH SOLE 150 0 0
COMERCIA INC COM STK 200340107 31
500 SH SOLE 500 0 0
COMMERCIAL FEDERAL CORP COM STK 201647104 371
16000 SH SOLE 01 16000 0 0
COMPAQ COMPUTERS COM STK 204493100 34
1060 SH SOLE 1060 0 0
CONCORD EFS INC COM STK 206197105 3393
123100 SH DEFINED 01 108100 15000 0
CONSOLIDATED STORES CORP COM STK 210149100 6381
210500 SH DEFINED 01 167500 43000 0
CRESCENT REAL ESTATE COM STK 225756105 13
600 SH SOLE 600 0 0
CROWN VANTAGE INC COM STK 228622106 1
300 SH SOLE 300 0 0
DELL COMPUTER CORP COM STK 247025109 981
24000 SH SOLE 24000 0 0
DEVRY COM STK 251893103 1401
45000 SH DEFINED 01 25000 20000 0
DIGITAL RIVER COM STK 25388B104 150
8333 SH SOLE 8333 0 0
DISNEY(WALT) COMPANY COM STK 254687106 140
7800 SH SOLE 7800 0 0
DONALDSON CO INC COM STK 257651109 273
8300 SH SOLE 8300 0 0
DOVER CORP COM STK 260003108 39
1200 SH SOLE 1200 0 0
EMERSON ELECTRIC CO COM STK 291011104 3045
57525 SH DEFINED 01 54025 3500 0
ENRON CORP COM STK 293561106 353
5500 SH SOLE 01 5500 0 0
EXXON CORP COM STK 302290101 819
11600 SH SOLE 11600 0 0
FIRST DATA CORP COM STK 319963104 77
1792 SH SOLE 1792 0 0
FIRST SECURITY CORP/DE COM STK 336294103 880
45587 SH SOLE 45587 0 0
FUEL-TECH NV COM STK 359523107 21
14210 SH SOLE 14210 0 0
GENERAL ELECTRIC CO COM STK 369604103 7777
70300 SH SOLE 70300 0 0
GILLETTE CO COM STK 375766102 61
1032 SH SOLE 1032 0 0
GRAINGER (W W) INC COM STK 384802104 172
4000 SH SOLE 4000 0 0
GUIDANT CORP COM STK 401698105 6171
102000 SH DEFINED 01 94000 8000 0
HARTFORD LIFE CLA 416592103 550
10000 SH SOLE 01 10000 0 0
HCR MANOR CARE COM STK 404134108 4902
214900 SH DEFINED 01 178900 36000 0
HEALTH CARE REIT COM STK 42217K106 9
400 SH SOLE 400 0 0
HEWLETT PACKARD CO COM STK 428236103 61
900 SH SOLE 900 0 0
HOME DEPOT INC COM STK 437076102 18410
295750 SH DEFINED 01 288750 7000 0
HOUSEHOLD INTERNATIONAL INC COM STK 441815107 1460
32000 SH SOLE 32000 0 0
ILLINOIS TOOL WORKS COM STK 452308109 13554
219060 SH DEFINED 01 212060 7000 0
INTEL COM STK 458140100 12
200 SH SOLE 200 0 0
INTL BUSINESS MACHINE CORP COM STK 459200101 71
400 SH SOLE 400 0 0
JOHNSON & JOHNSON COM STK 478160104 22450
240102 SH DEFINED 01 235302 4800 0
KIMBERLEY-CLARK GROUP COM STK 494368103 676
14100 SH SOLE 14100 0 0
KOHLS COM STK 500255104 7676
108300 SH DEFINED 01 103300 5000 0
LEHMAN BROTHERS COM STK 524908100 107
1785 SH SOLE 1785 0 0
LILLY (ELI) & CO COM STK 532457108 803
9466 SH SOLE 9466 0 0
LINEAR TECHNOLOGY CORP COM STK 535678106 7503
146400 SH DEFINED 01 138400 8000 0
MCLEODUSA CLA 582266102 588
14000 SH SOLE 01 14000 0 0
MAY DEPARTMENT STORES COM STK 577778103 411
10500 SH SOLE 10500 0 0
MEDTRONIC INC COM STK 585055106 7536
104852 SH DEFINED 01 97852 7000 0
MERCK & CO COM STK 589331107 510
6360 SH SOLE 6360 0 0
MICROSOFT CORP COM STK 594918104 7956
87400 SH SOLE 87400 0 0
MILLENIUM CHEMICALS INC COM STK 599903101 2
84 SH SOLE 84 0 0
MOBIL CORP COM STK 607059102 53
600 SH SOLE 600 0 0
MOLEX INC CLA 608554200 12322
476211 SH DEFINED 01 463086 13125 0
MOLEX INC COM STK 608554101 757
29248 SH SOLE 29248 0 0
MSC INDUSTRIAL DIRECT COM STK 553530106 1190
70000 SH DEFINED 01 40000 30000 0
NOBLE AFFILIATES INC COM STK 654894104 348
12000 SH SOLE 01 12000 0 0
OFFICE DEPOT COM STK 676220106 11266
451412 SH SOLE 451412 0 0
OMNICARE INC COM STK 681904108 5511
289100 SH DEFINED 01 272100 17000 0
ORACLE CORP COM STK 68389X105 4358
164850 SH DEFINED 01 148650 16200 0
ORYX TECHNOLOGY CORP COM STK 68763X101 71
38000 SH SOLE 38000 0 0
PAYCHEX COM STK 704326107 460
9700 SH SOLE 97000 0 0
PENTAIR INC COM STK 709631105 473
14000 SH SOLE 01 14000 0 0
PEOPLE'S HERITAGE FIN'L GROUP COM STK 711147108 540
30000 SH SOLE 01 30000 0 0
PEPSICO INC COM STK 713448108 39
1000 SH SOLE 1000 0 0
PFIZER COM STK 717081103 8020
57800 SH DEFINED 01 54800 3000 0
PHILIP MORRIS COM STK 718154107 4787
136030 SH SOLE 136030 0 0
PROCTOR & GAMBLE CO COM STK 742718109 7394
75500 SH DEFINED 01 71300 4200 0
PROVIDENT COMPANIES INC COM STK 743862104 622
18000 SH SOLE 01 18000 0 0
QUINTILES TRANSNATIONAL CORP COM STK 748767100 5312
140710 SH DEFINED 01 125710 15000 0
RALSTON PURINA CO COM STK 751277302 4326
162100 SH DEFINED 01 148900 13200 0
ROBERT HALF INTL INC COM STK 770323103 1903
58000 SH SOLE 58000 0 0
SBC COMMUNICATIONS INC COM STK 78387G103 8432
178700 SH DEFINED 01 168700 10000 0
SCHLUMBERGER LTD COM STK 806857108 6061
100700 SH SOLE 100700 0 0
SERVICEMASTER COM STK 81760N109 6451
317600 SH DEFINED 01 302600 15000 0
SHARED-MEDICAL SYSTEMS CORP COM STK 819486101 2634
47300 SH SOLE 47300 0 0
SHERWIN-WILLIAMS CO COM STK 824348106 394
14000 SH DEFINED 01 2000 12000 0
SNAP-ON INC COM STK 833034101 5265
181550 SH DEFINED 01 172550 9000 0
STERIS CORP COM STK 859152100 5272
198000 SH DEFINED 01 164000 34000 0
STERLING BANCORP/NY COM STK 859157107 39
2000 SH SOLE 2000 0 0
STRYKER CORP COM STK 863667101 2436
48300 SH SOLE 48300 0 0
SYSCO CORP COM STK 871829107 2615
99400 SH SOLE 99400 0 0
TELEFLEX INC COM STK 879369106 545
16000 SH SOLE 01 16000 0 0
TESSCO TECHNOLOGIES INC COM STK 872386107 528
25000 SH SOLE 01 25000 0 0
TETRA TECH INC COM STK 88162G103 713
33851 SH SOLE 01 33851 0 0
TRENWICK GROUP INC COM STK 895290104 42
1500 SH SOLE 1500 0 0
UNITED ASSET MANAGEMENT CORP COM STK 909420101 694
30686 SH SOLE 30686 0 0
UNITED HEALTHCARE CORP COM STK 910581107 240
4560 SH SOLE 4560 0 0
US BANCORP COM STK 902973106 209
6129 SH SOLE 6129 0 0
US FOODSERVICE COM STK 90331R101 7812
168000 SH DEFINED 01 145000 23000 0
UST CORP COM STK 902900109 55
2500 SH SOLE 2500 0 0
WALGREEN CO COM STK 931422109 10111
357900 SH DEFINED 01 340700 17200 0
WASHINGTON MUTUAL INC COM STK 939322103 123
3000 SH SOLE 3000 0 0
WASTE MANAGEMENT INC COM STK 94106L109 380
8562 SH SOLE 8562 0 0
WELLS FARGO COM STK 949746101 6827
194700 SH DEFINED 01 184700 10000 0
WRIGLEY (WM) JR CO COM STK 982526105 81
900 SH SOLE 900 0 0
ZEBRA TECHNOLOGIES CORP CLA 989207105 354
14900 SH SOLE 14900 0 0
</TABLE>
