UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 2000
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: JL Advisors, LLC
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Address: 655 Madison Avenue, 21st Floor
New York, NY 10021
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Form 13F File Number:
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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: /s/ Michael Lewittes
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Title: Managing Member
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Phone: (212) 593-2729
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Signature, Place, and Date of Signing:
/s/ Michael Lewittes New York, NY 11/02/2000
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[Signature] [City, State] [Date]
Report Type (Check only one):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report,
and all holdings are reported by other reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for
this reporting manager are reported in this report and a portion are
reported by other reporting manager(s).)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
13F File Number Name
28-____________ ________________________________________
28-____________ ________________________________________
28-____________ ________________________________________
[Repeat as necessary.]
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:1
Number of Other Included Managers: 0
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Form 13F Information Table Entry Total: 22
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Form 13F Information Table Value Total: $119,863,560
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List of Other Included Managers:
Provide a numbered list of the name(s) and 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column headings
and list entries.]
NONE
<PAGE>
<TABLE>
<CAPTION>
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>
ANC Rental Corp COM 001813104 7236950 1258600 X X 0 0
Applied Power Inc CL A 038225108 7951125 163100 X X 0 0
AT&T Corp COM 001957109 4406250 150000 X X 0 0
Citizens Utils Co Del Cl B 177342201 13008525 972600 X X 0 0
Danaher Corp Del COM 235851102 3392950 68200 X X 0 0
Earthgrains Co COM 270319106 2308375 125200 X X 0 0
El Paso Elec Co COM 283677854 9124140 662610 X X 0 0
Flowers Inds Inc COM 343496105 1040000 52000 X X 0 0
Global Lt Telecommunications COM 37934X100 2561816 497440 X X 0 0
Hickory Tech Corp COM 429060106 2012500 92000 X X 0 0
IMS Health Inc COM 449934108 15355000 740000 X X 0 0
Keebler Foods Co COM 487256109 1318800 31400 X X 0 0
Maytag Corp COM 578593107 5490625 175000 X X 0 0
Philip Morris Cos Inc COM 718154107 2943750 100000 X X 0 0
R H Donnelley Corp COM NEW 74955W307 8845038 418700 X X 0 0
Reynolds R J Tob Hldgs Inc COM 76182K105 1615725 50100 X X 0 0
Scana Corp New COM 80589M102 14735403 477260 X X 0 0
SCI Sys Inc COM 783890106 4100000 100000 X X 0 0
Terex Corp New COM 880779103 2824113 216200 X X 0 0
True North Communications Inc COM 897844106 6860425 191900 X X 0 0
United Dominion Inds Ltd COM 909914103 1421250 60000 X X 0 0
Waddell & Reed Finl Inc CL B 930059209 1310800 45200 X X 0 0
</TABLE>
