UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
FORM 13 F
FROM 13 F COVER PAGE
Report for the Calendar Year Ended: 3/31/2000
Institutional Investment Manager Filing this Report
Griffin Asset Management
767 Fifth Ave
26TH Floor
New York, NY 10153
13f File Number-801-52087
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 herin is true, correct
and complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered itegral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Doug Famigletti
Vice President
212/486/4848
Doug Famigletti New York City NY November 15, 1999
Report Type
13F Holdings Report
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 173
Form 13F Information Table Value Total: $135,244,568.8
List of other included manager: None
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Item 1: Name of issuer Item 2: Item 3: Item 4: Item 5: Item 6: Item 7: Item 8: Voting
Share of Investment Man. See Auth.
Principal Discretion Instr. V
09 30 1999 Amount (a)sole(b)shared(c)shared(a)sole(b) (c)
as defined other shared None
Mutual Fund
Municipal Inv. Accum. Prog. Mutual Fund 79547710 4 .255 SOLE N/A x
S B Investment Grade Bond Fund Cl B Mutual Fund 4,830 429 SOLE N/A x
S B Managed Municipals Fund CL C Mutual Fund 44,737 3,130 SOLE N/A x
S B Muni Funds NY Cl A Mutual Fund 11,263 894 SOLE N/A x
S B Muni Funds NY CL B Mutual Fund 6,961 553 SOLE N/A x
Blackrock Target Term TR Inc Mutual Fund 18,168 1,900 SOLE N/A x
MFS Intermediate Income TR SBI Mutual Fund 21,437 3,500 SOLE N/A x
Putnam Master Inter Inc TR SBI Mutual Fund 18,493 3,182 SOLE N/A x
Treasury Bill
Zero coupon PMT 12.375 2004 Treasury bill 912794zz 38,281 50,000 SOLE N/A x
Corporate Bonds
TR MPS 9.00% DUE 02-05-03
Municipal Bonds
California State G/O Var. Municipal Bon 130622wl 24,991 25,000 SOLE N/A x
PURP.-4.3% DUE 09-01-03
Los Angeles Calif. Uni Sch Dist. Municipal Bond 19,693 20,000 SOLE N/A x
SER C-4.3% DUE 07-01-06
Los Angeles Cnty CA San Dists-5% Municipal Bon 545149aj 51,110 50,000 SOLE N/A x
DUE 10-01-03
New York ST Dormitory Authority-6% Municipal Bon 6498324m 103,376 100,000SOLE N/A x
DUE 05-15-04
Puerto Rico EL/PWTR 5.50% Municipal Bon 745268pf 250,845 250,000SOLE N/A x
DUE 07-01-00
Rhode Island HSG MFC SR 5 Municipal Bon 762211sz 61,810 65,000 SOLE N/A x
HMW OWN 5.5% UE 10-01-23
Rhode Island ST CONS CAP Municipal Bon 762222hc 33,947 35,000 SOLE N/A x
5.1% UE 11-01-13
Rhode Island ST PUB BLG Auth. Municipal Bon 762287hx 50,730 50,000 SOLE N/A x
PRJ 6.00% DUE 02-01-11
San Francisco Calf. City & Cnty Municipal Bon 79765dle 51,745 50,000 SOLE N/A x
5.25% DUE 04-01-07
Town of Babylon-4.3% Due 08/01/02 Municipal Bon 056201e7 49,549 50,000 SOLE N/A x
Preferred Stock
Tenn. Valley. Authorithy Preferred Sto 88059120 32,900 1,400 SOLE N/A x
Government Bonds
U.S. Treasury Notes-5.00% Gvt. Bond 888,468 900,000SOLE N/A x
DUE 02/28/01
U.S. Treasury Notes-5.00% Gvt. Bond 738,750 750,000SOLE N/A x
DUE 04-30-01
U.S. Treasury Notes-5.875% Gvt. Bond 9128272c 197,937 200,000SOLE N/A x
DUE 11-30-01
U.S. Treasury Notes-6.250% Gvt. Bond 9128272g 198,937 200,000SOLE N/A x
DUE 01-31-02
U.S. Treasury Notes-6.000% Gvt. Bond 9128273d 500,000 500,000SOLE N/A x
DUE 08-15-00
U.S. Treasury Notes-5.625% Gvt. Bond 9128273s 489,375 500,000SOLE N/A x
DUE 12-31-02
U.S. Treasury Notes-5.500% Gvt. Bond 9128273v 487,812 500,000SOLE N/A x
DUE 01-31-03
U.S. Treasury Notes-5.500% Gvt. Bond 9128273z 780,000 800,000SOLE N/A x
DUE 02-28-03
U.S. Treasury Notes-5.625% Gvt. Bond 9128274c 300,000 300,000SOLE N/A x
DUE 04-30-00
U.S. Treasury Notes-5.375% Gvt. Bond 9128274m 997,812 1,000,000SOLE N/A x
DUE 07-31-00
U.S. Treasury Notes-4.500% Gvt. Bond 49,546 50,000 SOLE N/A x
Due 09-30-00
DUE 12-31-00
U.S. Treasury Notes-5.25% Gvt. Bond 1,379,875 1,400,000SOLE N/A x
DUE 05-31-01
U.S. Treasury Notes-5.544% Gvt. Bond 39,450 40,000 SOLE N/A x
DUE 07-31-01
U.S. Treasury Notes-6.500% Gvt. Bond 1,000,000 1,000,000SOLE N/A x
Due 07-31-01
U.S. Treasury Notes-6.625% Gvt. Bond 912827y7 500,625 500,000SOLE N/A x
DUE 07-31-01
Common Stock
AT & T Common Stock OO1957109 110,710 1,966 SOLE N/A x
Abbott Laboratories Common Stock OO2824100 1,847,343 52,500 SOLE N/A x
Aetna Inc. Common Stock AET 44,400 800 SOLE N/A x
Air Products & Chemicals, Inc. Common Stock OO8677106 34,125 1,200 SOLE N/A x
Albertson's Inc. Common Stock ABS 67,925 2,200 SOLE N/A x
Allstate Common Stock O20002101 479,726 20,146 SOLE N/A x
American Express Common Stock O25816109 625,537 4,200 SOLE N/A x
American General Co. Common Stock O26351106 1,032,700 18,400 SOLE N/A x
American Home Products Common Stock O26609107 5,616,875 104,500 SOLE N/A x
American Int'l Gro Common Stock AIG 199,947 1,826 SOLE N/A x
Amgen Inc. Common Stock AMGN 44,190 720 SOLE N/A x
Anheuser-Busch Cos. Common Stock O35229103 2,197,425 35,300 SOLE N/A x
Aon Corp. Common Stock O37389103 21,768 675 SOLE N/A x
Associate First Capital A Common Stock O46008108 199,086 9,314 SOLE N/A x
Atlantic Richfield Common Stock O48825103 1,521,500 17,900 SOLE N/A x
Avery Dennison Corp. Common Stock AVY 977,000 16,000 SOLE N/A x
BP Amoco Common Stock BPA 464,766 8,728 SOLE N/A x
Banc One Corp. Common Stock 59438101 895,137 25,946 SOLE N/A x
Bank of New York Common Stock O64057102 1,147,125 27,600 SOLE N/A x
BankAmerica Corp. Common Stock 66050105 986,664 18,816 SOLE N/A x
Bard C. R. Inc. Common Stock O67383109 52,228 1,350 SOLE N/A x
Baxter International Inc. Common Stock O71813109 1,761,518 28,100 SOLE N/A x
Becton, Dickinson Common Stock BDX 823,581 31,300 SOLE N/A x
Bell Atlantic Common Stock 77853109 791,691 12,952 SOLE N/A x
BellSouth Common Stock O79860102 631,312 13,468 SOLE N/A x
Berkshire Hathaway Cl. A Common Stock BRK.A 3,832,400 67 SOLE N/A x
Bestfoods Common Stock O8658U101 2,368,712 50,600 SOLE N/A x
Boeing Co. Common Stock BA 102,093 2,700 SOLE N/A x
Bristol-Myers Squibb Company Common Stock 110122108 6,629,400 114,300 SOLE N/A x
Broadwing Common Stock BRW 654,500 17,600 SOLE N/A x
Burlington Northern Santa Common Stock BNI 5,188 225 SOLE N/A x
CSX Corporation Common Stock 126408103 4,700 200 SOLE N/A x
Campbell Soup Co Common Stock CPB 442,800 14,400 SOLE N/A x
Capital One Financial Common Stock COF 14,381 300 SOLE N/A x
Cardinal Health Inc Common Stock CAH 379,523 8,273 SOLE N/A x
Chase Manhattan Corp. Common Stock 16161A108 226,687 2,600 SOLE N/A x
Chevron Common Stock CHV 18,487 200 SOLE N/A x
Chubb Corp. Common Stock 171232101 773,728 10,860 SOLE N/A x
Cigna Corp. Common Stock CI 477,225 6,300 SOLE N/A x
Citigroup Inc. Common Stock 173034109 4,018,271 67,111 SOLE N/A x
Colgate Palmolive Co Common Stock 194162103 84,562 1,500 SOLE N/A x
Columbia Energy Group Common Stock CG 115,241 1,945 SOLE N/A x
Compaq Computer Corp. Common Stock 204493100 1,652,400 61,200 SOLE N/A x
Computer Associates Intl Inc. Common Stock CA 59,187 1,000 SOLE N/A x
ConAgra Inc. Common Stock 205887102 454,937 25,100 SOLE N/A x
Conoco Cl B Common Stock COC/B 78,591 3,067 SOLE N/A x
Consolidated Edison Common Stock 6,524 224 SOLE N/A x
Convergy's Common Stock CVG 560,968 14,500 SOLE N/A x
Corn Products International Common Stock 219023108 92,039 3,825 SOLE N/A x
Daimler Chrysler Common Stock 4,318 66
Delphi Automotive Systems Common Stock DPH 4,464 279 SOLE N/A x
Deluxe Corporation Common Stock 248019101 55,650 2,100 SOLE N/A x
E. I.DuPont de Nemours Common Stock DD 664,895 12,560 SOLE N/A x
EMC Corp Common Stock EMC 756,000 6,000 SOLE N/A x
Eastman Kodak Common Stock 277461109 1,107,975 20,400 SOLE N/A x
Electronic Data Systems Common Stock EDS 34,019 530 SOLE N/A x
Eli Lilly Corp. Common Stock 532457108 3,544,575 56,600 SOLE N/A x
Exxon Common Stock 302290101 5,567,855 71,440 SOLE N/A x
Fannie Mae Common Stock FNM 1,460,443 25,820 SOLE N/A x
Federal Express Common Stock FDX 27,168 700 SOLE N/A x
First Union Corp. Common Stock 337358105 340,837 9,150 SOLE N/A x
Fleet Boston Financial Common Stock FBF 556,296 15,241 SOLE N/A x
Ford Motor Company Common Stock 345370100 786,679 17,125 SOLE N/A x
Fortune Brands Common Stock 349631101 802,500 32,100 SOLE N/A x
Freddie Mac-voting Common Stock 313400301 2,615,900 59,200 SOLE N/A x
GTE Corp. Common Stock GTE 1,256,842 17,702 SOLE N/A x
Gallaher ADS Common Stock 363595109 568,968 28,900 SOLE N/A x
General Electric Co. Common Stock 369604103 7,719,000 49,600 SOLE N/A x
General Motors Corp. Common Stock GM 57,968 700 SOLE N/A x
Georgia Pacific Timber Group Common Stock TGP 3,843 150 SOLE N/A x
Glaxo Wellcome PLC Sponsored ADR Common Stock 37733W105 60,178 1,050 SOLE N/A x
Global Crossing Common Stock GBLX 204,687 5,000 SOLE N/A x
Golden Western Financial Common Stock GDW 9,356 300 SOLE N/A x
H J Heinz Common Stock HNZ 69,750 1,000 SOLE N/A x
Hartford Financial Services Group Inc Common Stock 416515104 675,200 12,800 SOLE N/A x
Hewlett Packard Co. Common Stock 428236103 6,185,331 46,550 SOLE N/A x
Honewell Int Common Stock HON 305,587 5,800 SOLE N/A x
Household International Common Stock HI 319,320 8,558 SOLE N/A x
Intel Corp Common Stock INTC 1,098,379 8,325 SOLE N/A x
International Business Machines Common Stock 459200101 5,712,562 48,412 SOLE N/A x
J. P. Morgan & Co. Common Stock 616880100 961,775 7,300 SOLE N/A x
Johnson & Johnson Common Stock 478160104 3,414,150 48,600 SOLE N/A x
Kimberly-Clark Co. Common Stock KMB 56,062 1,000 SOLE N/A x
Koninklijke Philips Electronics Common Stock PHG 47,282 276 SOLE N/A x
Korea Funds Inc. Common Stock KF 10,157 680 SOLE N/A x
Lincoln National Corp. Common Stock 534187109 452,250 13,500 SOLE N/A x
Liz Clairborne Inc. Common Stock LIZ 277,165 6,050 SOLE N/A x
Loews Corp. Common Stock LTR 10,000 200 SOLE N/A x
Lucent Technologies Common Stock 549463107 202,125 3,300 SOLE N/A x
May Department Stores Co. Common Stock 577778103 1,160,007 40,702 SOLE N/A x
McDonald's Corp. Common Stock 580135101 37,375 1,000 SOLE N/A x
Mediaone Group. Inc. Common Stock UMG 102,060 1,260 SOLE N/A x
Merck & Co Inc. Common Stock 589331107 3,563,490 57,360 SOLE N/A x
Minnesota Mining & Manufacturing Common Stock 604059105 1,328,437 15,000 SOLE N/A x
PNC Bank Corp. Common Stock PNC 192,642 4,275 SOLE N/A x
PPG Industries Common Stock 693506107 748,068 14,300 SOLE N/A x
Peco Energy Co. Common Stock PE 7,375 200 SOLE N/A x
Pepsico Common Stock 713448108 1,578,093 45,250 SOLE N/A x
Pfizer Inc. Common Stock 717081103 65,812 1,800 SOLE N/A x
Pharmacia & Upjohn Common Stock 716941109 762,790 12,820 SOLE N/A x
Philip Morris Cos. Inc. Common Stock 718154107 960,553 45,470 SOLE N/A x
Phillips Petroleum Co Common Stock P 18,500 400 SOLE N/A x
Pitney Bowes Common Stock 724479100 5,679,781 127,100 SOLE N/A x
Procter & Gamble Co. Common Stock 742718109 3,435,200 60,800 SOLE N/A x
Public Service Enterprise Common Stock 19,404 655 SOLE N/A x
Royal Dutch Petr. Common Stock RD 1,543,593 26,700 SOLE N/A x
SBC Communications Inc. Common Stock 78387G103 796,625 18,911 SOLE N/A x
Sears Roebuck & Company Common Stock 812387108 404,250 13,200 SOLE N/A x
Southern Co Common Stock SO 9,787 450 SOLE N/A x
Sun Microsystems Inc. Common Stock 866810104 712,143 7,600 SOLE N/A x
Sysco Corp. Common Stock 871829107 505,750 14,000 SOLE N/A x
TJX Companies Inc. Common Stock TJX 328,375 14,800 SOLE N/A x
TRW Inc. Common Stock TMX 99,450 1,700 SOLE N/A x
Target Corp Common Stock TGT 818,512 10,950 SOLE N/A x
Texaco Inc. Common Stock 881694103 204,250 3,800 SOLE N/A x
U.S. West Inc. New. Common Stock UMG 166,601 2,294 SOLE N/A x
UST Inc. Common Stock 902911106 146,875 9,400 SOLE N/A x
Unilever NV New York Common Stock 904784501 538,361 11,187 SOLE N/A x
Union Carbide Corp. Common Stock 905581104 367,368 6,300 SOLE N/A x
V.F. Corp. Common Stock 918204108 196,109 8,150 SOLE N/A x
Viad Corp Common Stock 343 15 SOLE N/A x
Vodafone Airtouch Public ADS Common Stock VOD 188,912 3,400 SOLE N/A x
Wachovia Corp New Common Stock WB 6,756 100 SOLE N/A x
Wal Mart Stores Inc. Common Stock WMT 45,200 800 SOLE N/A x
Walgreen Co. Common Stock 931422109 2,477,150 96,200 SOLE N/A x
Warner Lambert Company Common Stock WLA 58,612 600 SOLE N/A x
Washington Mutual Common Stock WM 532,464 20,093 SOLE N/A x
Well Fargo & Co. Common Stock WFC 774,250 19,000 SOLE N/A x
Weyerhaeuser Co Common Stock 962166104 353,400 6,200 SOLE N/A x
Xerox Corp. Common Stock XRX 10,400 400 SOLE N/A x
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