UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WAHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 31, 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 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: Arthur Edivan
Title: Portfolio Assistant
Phone: 703-931-1366
Signature, Place, and Date of Signing:
Arthur Edivan Alexandria, Virginia January 27, 2000
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
<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 337 9280 SH SOLE
9280
AFFILIATED COMPUTER SERVICES-C Com 008190100 1215 26419 SH SOLE
26419
AIM SMART CORP Com 01141r100 1 10000 SH SOLE
10000
ALBEMARLE CORP Com 012653101 261 13580 SH SOLE
13580
ALLSTATE CORP Com 020002101 1081 44923 SH SOLE
44923
ALLSTATE FINANCIAL SERVICES Com 020011102 5 15200 SH SOLE
15200
AMCAST INDUSTRIAL CORP Com 023395106 448 27350 SH SOLE
27350
AMERICAN EXPRESS CO Com 025816109 203 1222 SH SOLE
1222
ANNALY MORTGAGE MANAGEMENT INC Com 035710409 772 88250 SH SOLE
88250
ARCHER DANIELS MIDLAND Com 039483102 422 34810 SH SOLE
34810
AT&T Com 001957109 1598 31444 SH SOLE
31444
BELL ATLANTIC CORP Com 077853109 295 4794 SH SOLE
4794
BELLSOUTH CORP Com 079860102 368 7862 SH SOLE
7862
BRISTOL-MYERS SQUIBB CO. Com 110122108 1864 29044 SH SOLE
29044
BURLINGTON RESOURCES INC Com 122014103 220 6650 SH SOLE
6650
CABOT CORP Com 127055101 888 43580 SH SOLE
43580
CFS BANCORP INC. Com 12525d102 615 66000 SH SOLE
66000
CHARTER ONE FINANCIAL INC Com 160903100 559 29206 SH SOLE
29206
CHEVRON CORPORATION Com 166751107 408 4712 SH SOLE
4712
CLAYTON HOMES INC Com 184190106 147 15950 SH SOLE
15950
COMMERCIAL NET LEASE REALTY IN Com 202218103 658 66250 SH SOLE
66250
COMMONWEALTH BANCORP INC Com 20268X102 178 10700 SH SOLE
10700
COMMUNITY BANKSHARES INC OF VI Com 203631106 255 11604 SH SOLE
11604
CONAGRA INC Com 205887102 289 12719 SH SOLE
12719
CORNING INC Com 219350105 1451 11250 SH SOLE
11250
DT INDUSTRIES INC Com 23333j108 83 10600 SH SOLE
10600
E.I.DU PONT DE NEMOURS Com 263534109 201 3053 SH SOLE
3053
EDO CORPORATION Com 281347104 126 21500 SH SOLE
21500
ENGELHARD CORP Com 292845104 369 19550 SH SOLE
19550
EXXON MOBIL CORP Com 30231g102 617 7664 SH SOLE
7664
F & M NATIONAL CORP Com 302374103 310 11259 SH SOLE
11259
FEDERAL NATL MTG ASSN Com 313586109 688 11019 SH SOLE
11019
FEDERAL REALTY INVT TRUST S B Com 313747206 261 13900 SH SOLE
13900
FIDELITY FINANCIAL OF OHIO Com 31614P107 935 52300 SH SOLE
52300
FIRST DEFIANCE FINANCIAL CORP Com 32006W106 716 68150 SH SOLE
68150
FIRST UNION CORP Com 337358105 339 10278 SH SOLE
10278
FRESH DEL MONTE PRODUCE INC Com fdp 299 33250 SH SOLE
33250
GENERAL ELECTRIC CO Com 369604103 1099 7100 SH SOLE
7100
GENERAL MOTORS CORP Com 370442105 525 7226 SH SOLE
7226
GUARANTY FINANCIAL CORP Com 299 36200 SH SOLE
36200
H & Q HEALTHCARE INVESTORS Com 404052102 1525 70943 SH SOLE
70943
H & Q LIFE SCIENCES INVESTORS Com 404053100 1281 64050 SH SOLE
64050
HAGGAR CORP Com hggr 198 17400 SH SOLE
17400
HENRY SCHEIN INC Com 806407102 333 25000 SH SOLE
25000
HERMAN MILLER INC Com 600544100 2142 93140 SH SOLE
93140
HOST MARRIOTT CORP Com 44107P104 113 13700 SH SOLE
13700
IMCO RECYCLING INC Com 449681105 263 20800 SH SOLE
20800
IMPERIAL SUGAR CORP Com 453096109 392 118200 SH SOLE
118200
INTEL CORP Com 458140100 395 4800 SH SOLE
4800
INTERNATIONAL BUSINESS MACHINE Com 459200101 4363 40444 SH SOLE
40444
INTERNATIONAL MULTIFOODS CORP Com 460043102 261 19701 SH SOLE
19701
IRT PROPERTY COMPANY Com 450058102 725 92754 SH SOLE
92754
JEFFERSON PILOT Com 475070108 888 13007 SH SOLE
13007
JSB FINANCIAL INC Com 46624M100 655 12629 SH SOLE
12629
KLAMATH FIRST BANCORP Com 49842P103 312 26300 SH SOLE
26300
LAFARGE CORP Com 505862102 412 14900 SH SOLE
14900
LORAL SPACE & COMMUNICATIONS Com G56462107 1361 56000 SH SOLE
56000
LUCENT TECHNOLOGIES INC. Com 549463107 463 6168 SH SOLE
6168
M A HANNA CO Com 410522106 910 83190 SH SOLE
83190
MARATHON FINANCIAL CORP Com 56580p104 74 12000 SH SOLE
12000
MASCO CORP Com 574599106 310 12200 SH SOLE
12200
MERCK & CO INC Com 589331107 545 8111 SH SOLE
8111
MINE SAFETY APPLIANCES CO. Com 602720104 506 7900 SH SOLE
7900
MISSISSIPPI CHEMICAL Com 605288208 639 103200 SH SOLE
103200
MONY GROUP INC Com 615337102 1035 35465 SH SOLE
35465
MOTOROLA INC Com 620076109 309 2100 SH SOLE
2100
NEW CENTURY ENERGIES INC Com 64352u103 415 13665 SH SOLE
13665
NORDSON CORP Com ndsn 472 9775 SH SOLE
9775
NORTHWEST PIPE COMPANY Com 667746101 152 10850 SH SOLE
10850
OAKWOOD HOMES Com oh 54 16950 SH SOLE
16950
OLD REPUBLIC INTERNATIONAL COR Com 680223104 1058 77660 SH SOLE
77660
OLSTEN CORP Com 681385100 541 47845 SH SOLE
47845
PALL CORP PV $0.10 Com 696429307 546 25300 SH SOLE
25300
PEOPLES HERITAGE FINANCIAL GRO Com 711147108 194 12900 SH SOLE
12900
PFIZER INC Com 717081103 978 30150 SH SOLE
30150
PHARMACIA & UPJOHN INC. Com 716941109 696 15469 SH SOLE
15469
PRAXAIR INC Com 74005P104 274 5450 SH SOLE
5450
PROCTER & GAMBLE CO Com 742718109 219 2000 SH SOLE
2000
QUEENS COUNTY BANCORP Com 748242104 1351 49789 SH SOLE
49789
QUESTAR CORP Com 748356102 418 27850 SH SOLE
27850
RAYTHEON CO CLASS A Com 755111309 262 10573 SH SOLE
10573
READERS DIGEST ASSOCIATION INC Com 755267200 588 22180 SH SOLE
22180
ROYCE VALUE TRUST INC Com 780910105 209 15966 SH SOLE
15966
SARA LEE CORP Com 803111103 455 20625 SH SOLE
20625
SBC COMMUNICATIONS INC Com 78387G103 548 11238 SH SOLE
11238
SOUTHDOWN INC Com 841297104 769 14900 SH SOLE
14900
TECUMSEH PRODUCTS CO CLASS B Com 878895101 280 6700 SH SOLE
6700
TENET HEALTHCARE Com 88033G100 338 14380 SH SOLE
14380
THORNBURG MORTGAGE ASSET CORP Com 885218107 186 22600 SH SOLE
22600
TYCO INTERNATIONAL LTD Com 902124106 439 11245 SH SOLE
11245
UNION COMMUNITY BANCORP Com 906054101 464 42200 SH SOLE
42200
UNION PLANTERS CORP Com 908068109 358 9069 SH SOLE
9069
UNITED DOMINION REALTY TRUST, Com 910197102 245 24800 SH SOLE
24800
UNOCAL Com 915289102 408 12150 SH SOLE
12150
WALDEN RESIDENTIAL PROPERTIES Com 931210108 321 14850 SH SOLE
14850
WARNER-LAMBERT CO Com 934488107 546 6660 SH SOLE
6660
WESTINGHOUSE AIR BRAKE Com 960386100 727 40975 SH SOLE
40975
ABN AMRO CAP 7.50% PFD CA'03 @ For 00371q202 392 18850 SH SOLE
18850
AEGON NV ADR For 285 2985 SH SOLE
2985
ANZ EXCHANGE PFD TRUST II 8.08 For 001824101 821 38500 SH SOLE
38500
AUSTRALIA & N ZEALAND 9 1/8% C For 052528403 286 11450 SH SOLE
11450
BCE INC For 05534B109 1732 19200 SH SOLE
19200
CANADIAN PACIFIC LTD ORD PAR $ For 135923100 257 11900 SH SOLE
11900
CARLTON COMM 8% X-CAPS CA98@26 For g19068140 421 20925 SH SOLE
20925
DRESDNER RCM GLOBAL STRATEGIC For 26157b101 566 97325 SH SOLE
97325
LATIN AMERICA INVESTMENT FUND For 518279104 315 24100 SH SOLE
24100
MORGAN STANLEY AFRICA INV FUND For 617444104 116 11150 SH SOLE
11150
NATIONAL AUSTRALIA BANK ADR (5 For 632525408 405 5316 SH SOLE
5316
NATIONAL WESTMINSTER 7.875% PF For 638539809 343 15775 SH SOLE
15775
NATL AUSTRALIA BANK EX PFD TR For 628714206 374 17250 SH SOLE
17250
NEW GERMANY FUND, INC. For 644465106 581 47442 SH SOLE
47442
NOVARTIS ADR For 66987v109 1831 25000 SH SOLE
25000
SECURITY CAPITAL US ADR For 814136206 469 33350 SH SOLE
33350
SMITHKLINE BEECHAM ADR- 5 ORD For 832378301 205 3200 SH SOLE
3200
SWEDISH EXP CR 7.375%PFD X-CAP For w92947212 904 42180 SH SOLE
42180
TEMPLETON DRAGON FUND For 88018T101 410 41810 SH SOLE
41810
VOLVO B ADR For 928856400 324 12850 SH SOLE
12850
WESTPAC BANKING ADR-SPONSORED For 961214301 844 24546 SH SOLE
24546
ALLSTATE 7.125% PFD QUIBS CA'0 Pfd 020002200 261 12755 SH SOLE
12755
BANK OF NEW YORK 7.80% PFD SER Pfd 096564208 392 17850 SH SOLE
17850
DUKE CAP FIN 8.375% PFD CA'04@ Pfd 26439f201 413 17000 SH SOLE
17000
DUKE REALTY INV 9.10% PDF A Pfd 264411604 200 10000 SH SOLE
10000
EQUITY RESIDENTL PPTYS $2.15 C Pfd 29476l826 757 29030 SH SOLE
29030
HARTFORD CAPITAL 8.35% QUIPS S Pfd 416320208 224 9700 SH SOLE
9700
HARTFORD FIN SVCS CAP 7.7% QUI Pfd 416315208 342 16200 SH SOLE
16200
HIGHLANDS CAP TR I $2.3125 CAP Pfd 431008200 360 15000 SH SOLE
15000
KIMCO REALTY CORP 8.375% PFD C Pfd 49446R604 613 32050 SH SOLE
32050
MASON-DIXON CAP TR $2.5175 PFD Pfd 57520r200 216 7500 SH SOLE
7500
NATIONAL RURAL UTILITIES 8% PF Pfd 637432204 1308 59305 SH SOLE
59305
NATIONWIDE FIN SVC 7.1% PFD CA Pfd 63861E204 511 25800 SH SOLE
25800
RESOURCE CAP TR 9.25% PFD 4/29 Pfd 761201201 275 12500 SH SOLE
12500
ROYCE VALUE TRUST 7.80% CA'03 Pfd 780910204 701 32400 SH SOLE
32400
TENN VALLEY AUTH PARRS 6.75% 6 Pfd 880591300 320 14800 SH SOLE
14800
UNITED DOMINION REALTY 8.60% P Pfd 910197300 333 18640 SH SOLE
18640
WALDEN RESIDENTIAL CV PFD B Pfd 931210306 328 13600 SH SOLE
13600
TEMPLETON SMALLER CO GROWTH FU Mfds 88022L102 148 20855.036SH SOLE
20855.036
</TABLE>
