UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WAHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 1999
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Gilkison Patterson Investment Advisors, Inc.
Address: 1901 North Beauregard Street
Suite 300
Alexandria, VA 22311
13F File Number: 801-56756
The institutional investment manager filing this report and the person by
whom it issigned 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: Arthur Edivan
Title: Portfolio Assistant
Phone: 703-931-1366
Signature, Place, and Date of Signing:
Arthur Edivan Alexandria, Virginia November 2, 1999
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
FORM 13F SUMMARY PAGE
REPORT SUMMARY:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 136
Form 13F Information Table Value Total: $76,413
<TABLE>
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
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ABBOTT LABORATORIES Com 002824100 216 5880 SH SOLE 5880
AFFILIATED COMPUTER SERVICES-C Com 008190100 1002 24660 SH SOLE 24660
AIM SMART CORP Com 01141r100 2 10000 SH SOLE 10000
ALBEMARLE CORP Com 012653101 265 13180 SH SOLE 13180
ALLSTATE CORP Com 020002101 881 35323 SH SOLE 35323
ALLSTATE FINANCIAL SERVICES Com 020011102 8 15200 SH SOLE 15200
AMCAST INDUSTRIAL CORP Com 023395106 344 25850 SH SOLE 25850
AMERITECH CORP Com 030954101 295 4420 SH SOLE 4420
ANNALY MORTGAGE MANAGEMENT INC Com 035710409 824 88450 SH SOLE 88450
AQUIS COMMUNICATIONS GROUPS IN Com 038399101 25 20000 SH SOLE 20000
ARCHER DANIELS MIDLAND Com 039483102 414 34133 SH SOLE 34133
AT&T Com 001957109 1400 32180 SH SOLE 32180
BELL ATLANTIC CORP Com 077853109 323 4794 SH SOLE 4794
BELLSOUTH CORP Com 079860102 354 7862 SH SOLE 7862
BRISTOL-MYERS SQUIBB CO. Com 110122108 2099 31094 SH SOLE 31094
BURLINGTON RESOURCES INC Com 122014103 211 5750 SH SOLE 5750
CABOT CORP Com 127055101 606 25530 SH SOLE 25530
CENTRIS GROUP INC Com 155904105 121 12000 SH SOLE 12000
CFS BANCORP INC. Com 12525d102 671 64300 SH SOLE 64300
CHARTER ONE FINANCIAL INC Com 160903100 664 28709 SH SOLE 28709
CHEVRON CORPORATION Com 166751107 418 4712 SH SOLE 4712
CLAYTON HOMES INC Com 184190106 137 15750 SH SOLE 15750
COMMERCIAL NET LEASE REALTY IN Com 202218103 668 62850 SH SOLE 62850
COMMONWEALTH BANCORP INC Com 20268X102 353 20700 SH SOLE 20700
CONAGRA INC Com 205887102 232 10269 SH SOLE 10269
COOPER TIRE & RUBBER Com 216831107 249 14100 SH SOLE 14100
CORNING INC Com 219350105 881 12850 SH SOLE 12850
CYPRUS AMAX MINERALS CO Com 232809103 297 15150 SH SOLE 15150
DELPHI INFORMATION SYSTEMS INC Com 247171200 337 50000 SH SOLE 50000
EDO CORPORATION Com 281347104 126 21900 SH SOLE 21900
ENGELHARD CORP Com 292845104 367 20100 SH SOLE 20100
EXXON CORP Com 302290101 582 7664 SH SOLE 7664
F & M NATIONAL CORP Com 302374103 264 10160 SH SOLE 10160
FEDERAL NATL MTG ASSN Com 313586109 691 11019 SH SOLE 11019
FEDERAL REALTY INVT TRUST S B Com 313747206 354 16900 SH SOLE 16900
FIDELITY FINANCIAL OF OHIO Com 31614P107 1033 56800 SH SOLE 56800
FIRST DEFIANCE FINANCIAL CORP Com 32006W106 870 75650 SH SOLE 75650
FIRST UNION CORP Com 337358105 366 10278 SH SOLE 10278
FRESH DEL MONTE PRODUCE INC Com fdp 185 16550 SH SOLE 16550
GENERAL ELECTRIC CO Com 369604103 842 7100 SH SOLE 7100
GENERAL MOTORS CORP Com 370442105 467 7426 SH SOLE 7426
GUARANTY FINANCIAL CORP Com 192 19000 SH SOLE 19000
H & Q HEALTHCARE INVESTORS Com 404052102 1200 73591 SH SOLE 73591
H & Q LIFE SCIENCES INVESTORS Com 404053100 975 69011 SH SOLE 69011
HAGGAR CORP Com hggr 226 17900 SH SOLE 17900
HERMAN MILLER INC Com 600544100 3344 139890 SH SOLE 139890
IMCO RECYCLING INC Com 449681105 400 26700 SH SOLE 26700
IMPERIAL SUGAR CORP Com 453096109 743 121300 SH SOLE 121300
INTEL CORP Com 458140100 357 4800 SH SOLE 4800
INTERNATIONAL BUSINESS MACHINE Com 459200101 4675 38636 SH SOLE 38636
INTERNATIONAL MULTIFOODS CORP Com 460043102 499 21701 SH SOLE 21701
IRT PROPERTY COMPANY Com 450058102 703 78154 SH SOLE 78154
JEFFERSON PILOT Com 475070108 659 10425 SH SOLE 10425
JSB FINANCIAL INC Com 46624M100 732 12778 SH SOLE 12778
KLAMATH FIRST BANCORP Com 49842P103 184 14550 SH SOLE 14550
LAFARGE CORP Com 505862102 550 17200 SH SOLE 17200
LORAL SPACE & COMMUNICATIONS Com G56462107 912 53050 SH SOLE 53050
LUCENT TECHNOLOGIES INC. Com 549463107 400 6168 SH SOLE 6168
M A HANNA CO Com 410522106 926 81415 SH SOLE 81415
MARATHON FINANCIAL CORP Com 56580p104 130 20000 SH SOLE 20000
MASCO CORP Com 574599106 254 8200 SH SOLE 8200
MERCK & CO INC Com 589331107 526 8111 SH SOLE 8111
MINE SAFETY APPLIANCES CO. Com 602720104 504 8400 SH SOLE 8400
MISSISSIPPI CHEMICAL Com 605288208 845 120750 SH SOLE 120750
MONY GROUP INC Com 615337102 1343 46515 SH SOLE 46515
MOTOROLA INC Com 620076109 235 2665 SH SOLE 2665
NALCO CHEMICAL COMPANY Com 629853102 316 6250 SH SOLE 6250
NEW CENTURY ENERGIES INC Com 64352u103 278 8315 SH SOLE 8315
NORDSON CORP Com ndsn 597 12175 SH SOLE 12175
OAKWOOD HOMES Com oh 87 19400 SH SOLE 19400
OCCIDENTAL PETROLEUM CORP Com 674599105 212 9150 SH SOLE 9150
OLD REPUBLIC INTERNATIONAL COR Com 680223104 1082 74922 SH SOLE 74922
OLSTEN CORP Com 681385100 773 74045 SH SOLE 74045
PALL CORP PV $0.10 Com 696429307 369 15900 SH SOLE 15900
PFIZER INC Com 717081103 1076 30000 SH SOLE 30000
PHARMACIA & UPJOHN INC. Com 716941109 871 17554 SH SOLE 17554
PRAXAIR INC Com 74005P104 264 5750 SH SOLE 5750
PROVIDENT BANKSHARES CORP Com 743859100 205 9656 SH SOLE 9656
QUEENS COUNTY BANCORP Com 748242104 1404 50839 SH SOLE 50839
QUESTAR CORP Com 748356102 445 24550 SH SOLE 24550
READERS DIGEST ASSOCIATION INC Com 755267200 535 20280 SH SOLE 20280
ROYCE VALUE TRUST INC Com 780910105 233 18841 SH SOLE 18841
SARA LEE CORP Com 803111103 442 18925 SH SOLE 18925
SBC COMMUNICATIONS INC Com 78387G103 264 5162 SH SOLE 5162
SOUTHDOWN INC Com 841297104 797 14900 SH SOLE 14900
TENET HEALTHCARE Com 88033G100 230 13080 SH SOLE 13080
THORNBURG MORTGAGE ASSET CORP Com 885218107 226 25600 SH SOLE 25600
TYCO INTERNATIONAL LTD Com 902124106 411 3985 SH SOLE 3985
UNION COMMUNITY BANCORP Com 906054101 437 36400 SH SOLE 36400
UNION PLANTERS CORP Com 908068109 430 10540 SH SOLE 10540
UNITED DOMINION REALTY TRUST, Com 910197102 266 23800 SH SOLE 23800
UNOCAL Com 915289102 347 9350 SH SOLE 9350
WALDEN RESIDENTIAL PROPERTIES Com 931210108 330 15150 SH SOLE 15150
WARNER-LAMBERT CO Com 934488107 442 6660 SH SOLE 6660
WESTINGHOUSE AIR BRAKE Com 960386100 767 42175 SH SOLE 42175
ABN AMRO CAP 7.50% PFD CA'03 @ For 00371q202 409 17850 SH SOLE 17850
AEGON NV ADR For 258 2985 SH SOLE 2985
ANZ EXCHANGE PFD TRUST 8.08% C For 001824101 860 35850 SH SOLE 35850
AUSTRALIA & N ZEALAND 9 1/8% C For 052528403 303 11450 SH SOLE 11450
BCE INC For 05534B109 1260 25300 SH SOLE 25300
CANADIAN PACIFIC LTD ORD PAR $ For 135923100 276 12100 SH SOLE 12100
CARLTON COMM 8% X-CAPS CA98@26 For g19068140 524 22125 SH SOLE 22125
FRANCE GROWTH FUND INC. For 35177K108 152 10734 SH SOLE 10734
KLEINWORT BENSON AUSTRALIA INC For 498577105 684 108425 SH SOLE 108425
LATIN AMERICA INVESTMENT FUND For 518279104 307 29800 SH SOLE 29800
MORGAN STANLEY AFRICA INV FUND For 617444104 118 12550 SH SOLE 12550
NATIONAL AUSTRALIA BANK ADR (5 For 632525408 383 5192 SH SOLE 5192
NATIONAL WESTMINSTER 7.875% PF For 638539809 386 15775 SH SOLE 15775
NATL AUSTRALIA BANK EX PFD TR For 628714206 344 14400 SH SOLE 14400
NEW GERMANY FUND, INC. For 644465106 552 46735 SH SOLE 46735
NOVARTIS ADR For 66987v109 1777 24100 SH SOLE 24100
SECURITY CAPITAL US ADR For 814136206 490 27250 SH SOLE 27250
SWEDISH EXP CR 7.375%PFD X-CAP For w92947212 987 42580 SH SOLE 42580
TEMPLETON DRAGON FUND For 88018T101 369 44010 SH SOLE 44010
VOLVO B ADR For 928856400 339 11800 SH SOLE 11800
WESTPAC BANKING ADR-SPONSORED For 961214301 757 24626 SH SOLE 24626
ALLSTATE 7.125% PFD QUIBS CA'0 Pfd 020002200 282 12755 SH SOLE 12755
BANK OF NEW YORK 7.80% PFD SER Pfd 096564208 454 18250 SH SOLE 18250
DUKE CAP FIN 8.375% PFD CA'04@ Pfd 26439f201 436 17000 SH SOLE 17000
DUKE REALTY INV 9.10% PDF A Pfd 264411604 240 10000 SH SOLE 10000
EQUITY RESIDENTL PPTYS $2.15 C Pfd 29476l826 796 29630 SH SOLE 29630
HARTFORD CAPITAL 8.35% QUIPS S Pfd 416320208 241 9700 SH SOLE 9700
HARTFORD FIN SVCS CAP 7.7% QUI Pfd 416315208 380 16100 SH SOLE 16100
HIGHLANDS CAP TR I $2.3125 CAP Pfd 431008200 375 15000 SH SOLE 15000
KIMCO REALTY CORP 8.375% PFD C Pfd 49446R604 542 23950 SH SOLE 23950
MASON-DIXON CAP TR $2.5175 PFD Pfd 57520r200 252 8500 SH SOLE 8500
MCI CAPITAL 8% PFR SERIES A Pfd 55267Y206 207 8600 SH SOLE 8600
MERRILL LYNCH CAP TR 8% PFD CA Pfd 59021c203 202 8150 SH SOLE 8150
NATIONAL RURAL UTILITIES 8% PF Pfd 637432204 1479 60205 SH SOLE 60205
NATIONWIDE FIN SVC 7.1% PFD CA Pfd 63861E204 566 26100 SH SOLE 26100
RESOURCE CAP TR 9.25% PFD 4/29 Pfd 761201201 297 12500 SH SOLE 12500
ROYCE VALUE TRUST 7.80% CA'03 Pfd 780910204 797 32800 SH SOLE 32800
TENN VALLEY AUTH PARRS 6.75% 6 Pfd 880591300 342 14800 SH SOLE 14800
UNITED DOMINION REALTY 8.60% P Pfd 910197300 374 17790 SH SOLE 17790
WALDEN RESIDENTIAL CV PFD B Pfd 931210306 377 15250 SH SOLE 15250
TEMPLETON SMALLER CO GROWTH FU Mfds 88022L102 144 20074.928SH SOLE 20074.928
</TABLE>
