UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C., 20549
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 1999
Check here if Amendment [X]; Amendment number:
This Amendment (Check only one.): [X] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: The Providence Group Investment Advisory Company, LLC
900 Turks Head Place
Providence, RI 02903
13F File Number: 28-
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: Mary Kay Lyons
Title: VP - Finance and Administration
Phone: 401-331-6250
Signature, Place, and Date of Signing:
Mary Kay Lyons Providence, RI May 14, 1999
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager: None
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES
ACT OF 1934.
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 83
Form 13F information Table Value Total: $247,874
List of Other Included Managers: None
<PAGE>
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FORM 13F INFORMATION TABLE
VALUE SHARES ORSH/ PUT/INVESTMEN OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLA CUSIP (X$1000) PRN AMT PRN CALLDISCRETIOMANAGERS SOLE SHARED NONE
ABBOTT LABORATORIES COM 00282410 636 13576 SH SOLE 13576
AHOLD COM 50046730 266 6,950 SH SOLE 6950
AMER HOME PRODUCTS COM 02660910 9983 152992 SH SOLE 152992
AMER INT'L GROUP COM 02687410 8882 73633 SH SOLE 73633
AMERICA ONLINE COM 02364J10 2087 14200 SH SOLE 14200
AMERITECH COM 03095410 330 5729 SH SOLE 5729
AMGEN COM 03116210 296 3950 SH SOLE 3950
AT&T COM 00195710 3515 44044 SH SOLE 44044
AUTOMATIC DATA PROC COM 05301510 8390 202787 SH SOLE 202787
AVERY DENNISON COM 05361110 1470 25565 SH SOLE 25565
BANK OF NEW YORK COM 06405710 3424 95290 SH SOLE 95290
BANKAMERICA COM 06605F10 324 4591 SH SOLE 4591
BANKBOSTON COM 06605R10 987 22795 SH SOLE 22795
BELL ATLANTIC COM 07785310 574 11108 SH SOLE 11108
BELLSOUTH COM 07986010 632 15772 SH SOLE 15772
BESTFOODS COM 08658U10 1837 39095 SH SOLE 39095
BOEING COM 09702310 2238 65835 SH SOLE 65835
BRISTOL-MYERS SQUIBB COM 11012210 1590 24800 SH SOLE 24800
CAPITAL ONE FIN'L COM 14040H10 291 1925 SH SOLE 1925
CARDINAL HEALTH COM 14149Y10 459 6952 SH SOLE 6952
CBS COM 12490K10 2572 63010 SH SOLE 63010
CHASE MANHATTAN COM 16161A10 2904 35689 SH SOLE 35689
CISCO SYSTEMS COM 17275R10 7609 69449 SH SOLE 69449
CITIGROUP COM 17296710 2412 37767 SH SOLE 37767
COCA-COLA COM 19121610 1758 28650 SH SOLE 28650
CONAGRA COM 20588710 222 8644 SH SOLE 8644
CORNING COM 21935010 348 5800 SH SOLE 5800
CVS COM 12665010 2298 48379 SH SOLE 48379
DAYTON HUDSON COM 23975310 606 9100 SH SOLE 9100
DISNEY (WALT) COM 25468710 6022 193485 SH SOLE 193485
DUPONT COM 26353410 405 6980 SH SOLE 6980
EMC COM 26864810 219 1717 SH SOLE 1717
EMERSON ELECTRIC COM 29101110 737 13925 SH SOLE 13925
EQUITY OFFICE PROP COM 29474110 300 11822 SH SOLE 11822
EXXON COM 30229010 3775 53499 SH SOLE 53499
FANNIE MAE COM 31358610 8845 127728 SH SOLE 127728
FIRST DATA COM 31996310 2416 56515 SH SOLE 56515
FLEET FIN'L GRP COM 33891510 7636 202947 SH SOLE 202947
FOOD LION 'A' COM 34477520 92 10000 SH SOLE 10000
GANNETT COM 36473010 2411 38270 SH SOLE 38270
GENERAL ELECTRIC COM 36960410 12782 115541 SH SOLE 115541
GILLETTE COM 37576610 7207 121253 SH SOLE 121253
GTE COM 36232010 1164 19232 SH SOLE 19232
HEWLETT-PACKARD COM 42823610 5376 79282 SH SOLE 79282
HOME DEPOT COM 43707610 11016 176959 SH SOLE 176959
INTEL COM 45814010 10464 88027 SH SOLE 88027
JOHNSON & JOHNSON COM 47816010 7678 82122 SH SOLE 82122
JONES PHARMA COM 48023610 210 6050 SH SOLE 6050
LILLY ELI COM 53245710 4280 50425 SH SOLE 50425
LUCENT TECHNOLOGIES COM 54946310 627 5801 SH SOLE 5801
MAY DEPT STORES COM 57777810 285 7274 SH SOLE 7274
MCDONALD'S COM 58013510 7087 156394 SH SOLE 156394
MCI WORLDCOM COM 55268B10 6934 78295 SH SOLE 78295
MEDTRONIC COM 58505510 928 12915 SH SOLE 12915
MERCK & CO. COM 58933110 9545 119129 SH SOLE 119129
MICROSOFT COM 59491810 13563 151336 SH SOLE 151336
MINNESOTA MINING COM 60405910 2145 30320 SH SOLE 30320
MOBIL COM 60705910 4598 52247 SH SOLE 52247
MOLEX COM 60855410 516 17582 SH SOLE 17582
MONSANTO COM 61166210 211 4600 SH SOLE 4600
MYLAN LABORATORIES COM 62853010 298 10850 SH SOLE 10850
NEWELL RUBBERMAID COM 65122910 240 5044 SH SOLE 5044
PAYCHEX COM 70432610 310 6530 SH SOLE 6530
PEPSICO COM 71344810 5741 146511 SH SOLE 146511
PFIZER COM 71708110 1884 13580 SH SOLE 13580
PHYMATRIX COM 71892510 1375 800000 SH SOLE 800000
PROCTOR & GAMBLE COM 74271810 6132 62608 SH SOLE 62608
ROYAL DUTCH PETR COM 78025780 3484 67002 SH SOLE 67002
SAFEWAY COM 78651420 1048 20420 SH SOLE 20420
SARA LEE COM 80311110 1220 49305 SH SOLE 49305
SAVILLE SYSTEMS PLC COM 80517410 123 10000 SH SOLE 10000
SBC COMMUNICATIONS COM 78387G10 846 17926 SH SOLE 17926
SCHERING-PLOUGH COM 80660510 1475 26690 SH SOLE 26690
SCHLUMBERGER COM 80685710 4689 77901 SH SOLE 77901
SERVICEMASTER COM 81760N10 288 14199 SH SOLE 14199
STAPLES COM 85503010 2004 60966 SH SOLE 60966
TEXAS INTRUMENTS COM 88250810 201 2025 SH SOLE 2025
TIME WARNER COM 88731510 299 4224 SH SOLE 4224
TYCO INT'L LTD COM 90212410 1810 25223 SH SOLE 25223
WALGREEN COM 93142210 3581 126765 SH SOLE 126765
WAL-MART STORES COM 93114210 1280 13885 SH SOLE 13885
WARNER LAMBERT COM 93448810 277 4175 SH SOLE 4175
WILLIAMS COMPANIES COM 96945710 855 21650 SH SOLE 21650
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