UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 1999
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Management Filing this Report:
Name: Mainstream Investment Advisers, LLC
Address: 462 South Fourth Avenue
Suite 1750
Louisville, KY 40202
13F File Number: 28-6888
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: Diane J. Hulls
Title: Director
Phone: 502-568-6619
Signature, Place, and Date of Signing:
Diane J. Hulls Louisville, Kentucky August 3, 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
ACT OF 1934.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 114
Form 13F Information Table Value Total: $91,836
<PAGE>
<TABLE>
<CAPTION> FAIR
TITLE MARKET SHARES OF
OF CUSIP VALUE PRINCIPAL SOLE SHARED OTHER SOLE SHARED NONE
NAME OF ISSUER CLASS NUMBER (x$1000) AMOUNT (A) (B) (C) MANAGERS (A) (B) (C)
- -------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ATLANTIC COAST AIRLINES OTC IS 048396105 950 50000 N X 230 50000
AETNA INC COMMON 008117103 894 10000 N X 230 10000
AMERICAN GENERAL CORP COMMON 026351106 754 10000 N X 230 10000
APPLIED GRAPHICS TECHNOLO OTC IS 037937109 126 10000 N X 230 10000
AMERICAN INTL GROUP INC COMMON 026874107 1759 15000 N X 230 15000
AK STEEL HOLDING CORP COMMON 001547108 450 20000 N X 230 20000
ALCAN ALUM LTD COMMON 013716105 319 10000 N X 230 10000
ALKERMES INC OTC IS 01642T108 231 10000 N X 230 10000
ALLEGHENY TELEDYNE INC COMMON 017415100 226 10000 N X 230 10000
ALTERA CORP OTC IS 021441100 1288 35000 N X 230 35000
AMKOR TECHNOLOGY INC OTC IS 031652100 513 50000 N X 230 50000
ANADARKO PETROLEUM CORP COMMON 032511107 1657 45000 N X 230 45000
AIR PRODUCTS & CHEMICALS COMMON 009158106 2012 50000 N X 230 50000
APEX PC SOLUTIONS INC OTC IS 037548104 308 15000 N X 230 15000
ARROW ELECTRONICS INC COMMON 042735100 475 25000 N X 230 25000
AVON PRODS INC COMMON 054303102 833 15000 N X 230 15000
AMERICA WEST AIRLINES INC COMMON 023657208 1227 65000 N X 230 65000
BOEING CO COMMON 097023105 220 5000 N X 230 5000
BE AEROSPACE INC OTC IS 073302101 308 16500 N X 230 16500
BATTLE MOUNTAIN GOLD CO COMMON 071593107 427 175000 N X 230 175000
BRISTOL MYERS SQUIBB CO COMMON 110122108 352 5000 N X 230 5000
BURLINGTON RESOURCES INC COMMON 122014103 865 20000 N X 230 20000
BETHLEHEM STEEL CORP COMMON 087509105 653 85000 N X 230 85000
BOSTON SCIENTIFIC CORP COMMON 101137107 220 5000 N X 230 5000
CARTER WALLACE INC COMMON 146285101 182 10000 N X 230 10000
CROWN CORK & SEAL CO INC COMMON 228255105 855 30000 N X 230 30000
CONSOLIDATED FREIGHTWAYS OTC IS 209232107 642 50000 N X 230 50000
COMPUTER NETWORK TECHNOLO OTC IS 204925101 216 10000 N X 230 10000
***COLT TELECOM GROUP PLC OTC IS 196877104 864 10000 N X 230 10000
COGNIZANT TECHNOLOGY SOLU OTC IS 192446102 391 15000 N X 230 15000
DOLLAR GENERAL CORP COMMON 256669102 725 25000 N X 230 25000
DITECH CORP OTC IS 25500M103 500 25000 N X 230 25000
DIGITAL MICROWAVE CORP OTC IS 253859102 446 35000 N X 230 35000
DSP COMMUNICATIONS INC COMMON 23332K106 722 25000 N X 230 25000
DIAMOND TECHNOLOGY PARTN OTC IS 252762109 336 15000 N X 230 15000
ECLIPSYS CORP OTC IS 278856109 718 30000 N X 230 30000
EMC CORP-MASS COMMON 268648102 825 15000 N X 230 15000
EL PASO NATURAL GAS CO COMMON 283905107 528 15000 N X 230 15000
FORT JAMES CORPORATION COMMON 347471104 1326 35000 N X 230 35000
R&B FALCON CORP COMMON 74912E101 469 50000 N X 230 50000
FLEET FINANCIAL GROUP INC COMMON 338915101 222 5000 N X 230 5000
FEDERAL MOGUL CORP COMMON 313549107 520 10000 N X 230 10000
GAYLORD CONTAINER CORP COMMON 368145108 320 40300 N X 230 40300
GREAT LAKES CHEM CORP COMMON 390568103 1152 25000 N X 230 25000
***GEMSTAR INTERNATIONAL OTC IS G3788V106 653 10000 N X 230 10000
W W GRANGER INC COMMON 384802104 538 10000 N X 230 10000
HARMONIC LIGHTWAVES OTC IS 413160102 574 10000 N X 230 10000
HEALTH MANAGEMENT ASSOC COMMON 421933102 731 65000 N X 230 65000
HEALTHSOUTH CORP COMMON 421924101 446 30000 N X 230 30000
HUMANA INC COMMON 444859102 970 75000 N X 230 75000
ICN PARMACEUTICALS INC COMMON 448924100 322 10000 N X 230 10000
INTUIT INC OTC IS 461202103 1352 15000 N X 230 15000
INPUT/OUTPUT INC COMMON 457652105 520 68800 N X 230 68800
JEVIC TRANSPORTATION INC OTC IS 47719P107 347 25000 N X 230 25000
KEYCORP NEW COMMON 493267108 321 10000 N X 230 10000
KNIGHT RIDDER INC W/RTS COMMON 499040103 826 15000 N X 230 15000
***LERNOUT & HAUSPIE SPE OTC IS B5628B104 354 10000 N X 230 10000
LINEAR TECHNOLOGY CORP OTC IS 535678106 1345 20000 N X 230 20000
LIMITED INC COMMON 532716107 1815 40000 N X 230 40000
SOUTHWEST AIRLINES CO COMMON 844741108 1089 35000 N X 230 35000
MESABA HOLDINGS INC OTC IS 59066B102 191 15000 N X 230 15000
***MCDERMOTT INTERNATION COMMON 580037109 848 30000 N X 230 30000
MEDTRONIC INC COMMON 585055106 389 5000 N X 230 5000
MESA AIR GROUP INC OTC IS 590479101 301 40000 N X 230 40000
MOLEX INC OTC IS 608554101 1480 40000 N X 230 40000
***INCO LTD COMMON 453258402 1260 70000 N X 230 70000
NOBLE AFFILIATES INC COMMON 654894104 987 35000 N X 230 35000
NABORS INDUSTRIES INC COMMON 629568106 244 10000 N X 230 10000
NOBLE DRILLING CORP COMMON 655042109 492 25000 N X 230 25000
NETEGRITY INC OTC IS 64110P107 165 10000 N X 230 10000
***NORSK HYDRO A/S COMMON 656531605 1339 35000 N X 230 35000
NETWORK SOLUTIONS INC CLA OTC IS 64121Q102 1187 15000 N X 230 15000
NORTHWEST AIRLINES CORP OTC IS 667280101 2113 65000 N X 230 65000
OPEN MARKET INC OTC IS 68370M100 709 50000 N X 230 50000
ORCKIT COMMUNICATIONS LT OTC IS M7531S107 445 18000 N X 230 18000
OXFORD HEALTH PLANS INC OTC IS 691471106 2101 135000 N X 230 135000
PACCAR INC DEL W/RTS TO OTC IS 693718108 534 10000 N X 230 10000
PRECISION CASTPARTS CORP COMMON 740189105 1275 30000 N X 230 30000
PE CORP COMMON 69332S102 2295 20000 N X 230 20000
***PETROLEUM GEO-SERVICES OTC IS 716597109 1116 75000 N X 230 75000
PARAMETRIC TECHNOLOGY CO OTC IS 699173100 208 15000 N X 230 15000
PEREGRINE SYSTEMS INC OTC IS 71366Q101 642 25000 N X 230 25000
POWERWAVE TECHNOLOGIES OTC IS 739363109 806 25000 N X 230 25000
PIONEER NATURAL RESOURCES COMMON 723787107 275 25000 N X 230 25000
RATIONAL SOFTWARE CORP OTC IS 75409P202 329 10000 N X 230 10000
REYNOLDS & REYNOLDS CO CL COMMON 761695105 1166 50000 N X 230 50000
ROCKWELL INTL CORP NEW COMMON 773903109 608 10000 N X 230 10000
SANMINA CORP OTC IS 800907107 759 10000 N X 230 10000
SAPIENT CORP OTC IS 803062108 1982 35000 N X 230 35000
SINCLAIR BROADCAST GROUP OTC IS 829226109 409 25000 N X 230 25000
STERLING COMMERCE INC COMMON 859205106 735 20000 N X 230 20000
SEALED AIR CORP COMMON 81211K100 649 10000 N X 230 10000
SCIENTIFIC ATLANTA INC COMMON 808655104 936 26000 N X 230 26000
SMITH-GARDNER & ASSOCIAT OTC IS 832059109 403 50000 N X 230 50000
SKYWEST INC OTC IS 830879102 1621 65000 N X 230 65000
SONAT INC COMMON 835415100 663 20000 N X 230 20000
SOLUTIA INC COMMON 834376105 1918 90000 N X 230 90000
SERENA SOFTWARE INC OTC IS 817492101 605 45000 N X 230 45000
SMURFIT-STONE CONTAINER OTC IS 832727101 3084 150000 N X 230 150000
STEEL DYNAMICS INC OTC IS 858119100 1470 95000 N X 230 95000
SUN CO INC COMMON 86764P109 1207 40000 N X 230 40000
SUN MICROSYSTEMS INC OTC IS 866810104 344 5000 N X 230 5000
TEREX CORP NEW COMMON 880779103 761 25000 N X 230 25000
TIMES MIRROR CO-SER A COMMON 887364107 296 5000 N X 230 5000
TYSON FOODS INC CL A COMMON 902494103 787 35000 N X 230 35000
TEXACO INC COMMON 881694103 624 10000 N X 230 10000
UNOCAL CORP COMMON 915289102 991 25000 N X 230 25000
UNION CARBIDE CORP COMMON 905581104 731 15000 N X 230 15000
U S INDUSTRIES INC NEW COMMON 912080108 680 40000 N X 230 40000
VALERO ENERGY CORP W/RTS COMMON 91913Y100 643 30000 N X 230 30000
VOICESTREAM WIRELESS CORP OTC IS 928615103 711 25000 N X 230 25000
USA WASTE SERVICES INC COMMON 94106L109 1881 35000 N X 230 35000
WEYERHAEUSER CO COMMON 962166104 1031 15000 N X 230 15000
XEROX CORP COMMON 984121103 1181 20000 N X 230 20000
</TABLE>
