UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 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: AMERICAP ADVISERS, LLC
Address: 228 East 45th Street, Suite 1802
New York, NY 10017
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: Nadia Albert Gayed
Title: Chairman & Chief Executive Officer
Phone: (212) 375-6270
Signature, Place, and Date of Signing:
Nadia Albert Gayed New York, NY 5/15/2000
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 EXCHANGE
ACT OF 1934.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 43
Form 13F Information Table Value Total: $ 139,637
List of Other Included Managers:
NONE
<PAGE>
<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 LABS COM 002824100 1407 40000 SH SOLE 40000
ALLTEL CORP COM 020039103 1581 25000 SH SOLE 25000
AT&T CORP COM 001957109 3970 70500 SH SOLE 70500
COLUMBIA HCA/ HEALTHCARE CORP COM 197677107 2734 108000 SH SOLE 108000
COMPAQ COMPUTER CORP COM 204493100 4917 182100 SH SOLE 182100
COSTCO WHOLESALE CORP. COM 22160K105 1997 38000 SH SOLE 38000
DU PONT E I DE NEMOURS COM 263534109 2276 43000 SH SOLE 43000
E*TRADE GROUP, INC. COM 269246104 5648 187500 SH SOLE 187500
ELECTRONIC DATA SYSTEM COM 285661104 2567 40000 SH SOLE 40000
FIRST DATA CORP COM 319963104 2219 50000 SH SOLE 50000
GAP INC DEL COM COM 364760108 2491 50000 SH SOLE 50000
GENZYME COM 372917104 2251 44900 SH SOLE 44900
GLOBAL CROSSING LTD COM G3921A100 2456 60000 SH SOLE 60000
GOLDMAN SACHS COM 38141G104 5778 54900 SH SOLE 54900
HALLIBURTON CO COM COM 406216101 3907 95000 SH SOLE 95000
HEWLETT PACKARD COM 428236103 3255 24500 SH SOLE 24500
HONEYWELL INC COM COM 438516106 2107 40000 SH SOLE 40000
INTEL CORP. COM 458140100 6716 50900 SH SOLE 50900
INTERNATIONAL BUS MACH COM COM 459200101 5711 48400 SH SOLE 48400
JOHNSON & JOHNSON COM 478160104 2388 34000 SH SOLE 34000
KELLOGG CO COM COM 487836108 2851 110700 SH SOLE 110700
LABORATORY CORP OF AMERICA HOL COM 50540R102 128 30200 SH SOLE 30200
LEHMAN BROTHERS HOLDINGS INC COM 524908100 3783 39000 SH SOLE 39000
LUCENT TECHNOLOGIES INC COM 549463107 3675 60000 SH SOLE 60000
MCDONALDS CORP COM COM 580135101 3737 100000 SH SOLE 100000
MCKESSON HBOC Inc COM 58155Q103 2520 120000 SH SOLE 120000
MERCK & CO INC COM COM 589331107 5616 90400 SH SOLE 90400
MERRILL LYNCH & CO COM 590188108 5796 55200 SH SOLE 55200
MICROSOFT CORP COM COM 594918104 1594 15000 SH SOLE 15000
MORGAN STANLEY DEAN WITTER DIS COM 617446448 5337 64400 SH SOLE 64400
PAINE WEBBER GROUP COM 695629105 1804 41000 SH SOLE 41000
PARKER DRILLING CO. COM 701081101 57 11500 SH SOLE 11500
PAYCHEX, INC. COM 704326107 2933 56000 SH SOLE 56000
PFIZER INC COM 717081103 2497 68300 SH SOLE 68300
SBC COMMUNICATIONS INC. COM 78387G103 3581 85000 SH SOLE 85000
SCHWAB CHARLES CP NEW COM 808513105 4659 82000 SH SOLE 82000
SOLECTRON CORP COM COM 834182107 1605 40000 SH SOLE 40000
TENET HEALTHCARE CORP COM 88033G100 4766 205000 SH SOLE 205000
UNITED TECHNOLOGIES CORP COM 913017109 1466 23200 SH SOLE 23200
UNITEDHEALTH GROUP INC COM 91324P102 2057 34500 SH SOLE 34500
USX MARATHON GRP NEW COM 902905827 2867 110000 SH SOLE 110000
WAL MART STORES INC COM 931142103 4616 81700 SH SOLE 81700
YAHOO! INC COM 984332106 5313 31000 SH SOLE 31000
</TABLE>
