[TEXT] UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Quarter Ended: 9/30/00
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: McCullough, Andrews & Cappiello, Inc.
Address: 101 California Street
San Francisco, CA 94111
Form 13F File Number: 28-1101
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: Robert F. McCullough
Title: Chairman
Phone: 415-956-8700
Signature, Place, and Date of Signing:
/s/ Robert F. McCullough San Francisco, CA 11/15/00
[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: NONE
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 139
Form 13F Information Table Value Total: $ 291,290
(thousands)
List of Other Included Managers: NONE
<PAGE>
<TABLE>
<C> <C>
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE(K) SH/P AMT S/P P/C INV DSC MANAGERS SOLE SHARED NONE
AT&T CORP COMMON 001957109 5835 198650 SH SOLE 198650 0 0
ALAMOSA PCS HOLDINGS COMMON 011593100 194 12000 SH SOLE 12000 0 0
ALARIS MED INC COMMON 011637105 31 25000 SH SOLE 25000 0 0
ALLEGHENY ENERGY INC COMMON 017361106 382 10000 SH SOLE 10000 0 0
ALLIANT CORP COMMON 018802108 382 13000 SH SOLE 13000 0 0
ALLTEL CORP COMMON 020039103 287 5500 SH SOLE 5500 0 0
AMERICAN EXPRESS CO COMMON 025816109 11430 188150 SH SOLE 188150 0 0
AMERICAN HOME PRODS CORP COMMON 026609107 509 9000 SH SOLE 9000 0 0
AMERICAN INTL GROUP INC COMMON 026874107 202 2109 SH SOLE 2109 0 0
ANHEUSER BUSCH COS INC COMMON 035229103 228 5400 SH SOLE 5400 0 0
ASSOCIATES FIRST CAP COR CL A 046008108 3825 100668 SH SOLE 100668 0 0
AURORA BIOSCIENCES CORP COMMON 051920106 265 3900 SH SOLE 3900 0 0
AVISTA CORP COMMON 05379B107 516 22941 SH SOLE 22941 0 0
AVOCENT CORP COMMON 053893103 331 6000 SH SOLE 6000 0 0
BP AMOCO P L C DEPOSITORY RECEI 055622104 1433 27032 SH SOLE 27032 0 0
BANK OF AMERICA CORP COMMON 060505104 237 4526 SH SOLE 4526 0 0
BATTLE MTN GOLD CO COMMON 071593107 25 14000 SH SOLE 14000 0 0
BERKSHIRE HATHAWAY DEL CL A 084670108 258 4 SH SOLE 4 0 0
BESTFOODS COMMON 08658U101 7319 100600 SH SOLE 100600 0 0
BRISTOL MYERS SQUIBB CO COMMON 110122108 606 10600 SH SOLE 10600 0 0
BURLINGTON RES INC COMMON 122014103 622 16900 SH SOLE 16900 0 0
CMS ENERGY CORP COMMON 125896100 735 27300 SH SOLE 27300 0 0
CPS SYS INC COMMON 126162106 0 10000 SH SOLE 10000 0 0
CAPSTEAD MTG CORP COM NEW 14067E407 90 10000 SH SOLE 10000 0 0
CHASE MANHATTAN CORP NEW COMMON 16161A108 5685 123094 SH SOLE 123094 0 0
CHRISTOPHER & BANKS CORP COMMON 171046105 1341 34500 SH SOLE 34500 0 0
CITIGROUP INC COMMON 172967101 586 10833 SH SOLE 10833 0 0
COCA COLA CO COMMON 191216100 888 16100 SH SOLE 16100 0 0
COMMERCE ONE INC DEL COMMON 200693109 785 10000 SH SOLE 10000 0 0
COMMUNICATION INTELLIGEN COMMON 20338K106 56 25000 SH SOLE 25000 0 0
COMPAQ COMPUTER CORP COMMON 204493100 472 17098 SH SOLE 17098 0 0
COMTECH TELECOMMUNICATIO COM NEW 205826209 180 12200 SH SOLE 12200 0 0
CONSTELLATION ENERGY COR COMMON 210371100 684 13750 SH SOLE 13750 0 0
CORSAIR COMMUNICATIONS I COMMON 220406102 109 14000 SH SOLE 14000 0 0
CROWN AMERN RLTY TR SH BEN INT 228186102 440 72500 SH SOLE 72500 0 0
DEAN FOODS CO COMMON 242361103 4495 135200 SH SOLE 135200 0 0
DOMINION RES BLACK WARRI UNITS BEN INT 25746Q108 553 34000 SH SOLE 34000 0 0
DUKE ENERGY CORP COMMON 264399106 13419 156487 SH SOLE 156487 0 0
E4L INC COMMON 268452109 96 410900 SH SOLE 410900 0 0
ECLIPSYS CORP COMMON 278856109 854 53387 SH SOLE 53387 0 0
ELAN PLC DEPOSITORY RECEI 284131208 329 6000 SH SOLE 6000 0 0
EMERSON ELEC CO COMMON 291011104 7695 114844 SH SOLE 114844 0 0
ENDOCARE INC COMMON 29264P104 198 10000 SH SOLE 10000 0 0
ENRON CORP COMMON 293561106 12749 145500 SH SOLE 145500 0 0
ERICSSON L M TEL CO DEPOSITORY RECEI 294821400 173 11700 SH SOLE 11700 0 0
EXCEL TECHNOLOGY INC COMMON 30067T103 481 15000 SH SOLE 15000 0 0
EXXON MOBIL CORP COMMON 30231G102 8052 90340 SH SOLE 90340 0 0
FEDERATED DEPT STORES IN COMMON 31410H101 961 36800 SH SOLE 36800 0 0
FIRST DATA CORP COMMON 319963104 1328 34000 SH SOLE 34000 0 0
FLEETBOSTON FINL CORP COMMON 339030108 460 11800 SH SOLE 11800 0 0
FORD MTR CO DEL COM PAR $0.01 345370860 7296 288235 SH SOLE 288235 0 0
FRANKLIN RES INC COMMON 354613101 19444 437637 SH SOLE 437637 0 0
GANTOS INC NEW COM NEW 36473U204 0 40333 SH SOLE 40333 0 0
GENERAL ELEC CO COMMON 369604103 1038 18000 SH SOLE 18000 0 0
GENERAL MTRS CORP CL H CL H NEW 370442832 6146 165300 SH SOLE 165300 0 0
GLOBAL MARINE INC COMMON 379352404 401 13000 SH SOLE 13000 0 0
GOLDEN ST BANCORP INC COMMON 381197102 1500 63500 SH SOLE 63500 0 0
GREENERY REHABILITATION SD CV 8.750 4/0 394797AB0 516 737000 PRN SOLE 737000 0 0
GREY WOLF INC COMMON 397888108 224 39000 SH SOLE 39000 0 0
HAIN CELESTIAL GROUP INC COMMON 405217100 211 6000 SH SOLE 6000 0 0
HAWAIIAN ELEC INDUSTRIES COMMON 419870100 1273 36500 SH SOLE 36500 0 0
HIBERNIA CORP CL A 428656102 3490 284900 SH SOLE 284900 0 0
HOMESTAKE MNG CO COMMON 437614100 73 14000 SH SOLE 14000 0 0
IDACORP INC COMMON 451107106 7909 171000 SH SOLE 171000 0 0
INTEL CORP COMMON 458140100 3525 84805 SH SOLE 84805 0 0
INTERNATIONAL BUSINESS M COMMON 459200101 7448 66200 SH SOLE 66200 0 0
INVITROGEN CORP COMMON 46185R100 235 3300 SH SOLE 3300 0 0
JOHNSON & JOHNSON COMMON 478160104 1226 13054 SH SOLE 13054 0 0
K V PHARMACEUTICAL CO-B CL B CONV 482740107 259 7500 SH SOLE 7500 0 0
K V PHARMACEUTICAL CO-A CL A 482740206 5493 156375 SH SOLE 156375 0 0
KEYSPAN CORP COMMON 49337W100 538 13400 SH SOLE 13400 0 0
KIMBERLY CLARK CORP COMMON 494368103 502 9000 SH SOLE 9000 0 0
KMART FING I PFD TRCV 7.75% 498778208 249 8000 SH SOLE 8000 0 0
LIBERATE TECHNOLOGIES COMMON 530129105 289 10000 SH SOLE 10000 0 0
LONGS DRUG STORES CORP COMMON 543162101 3370 176200 SH SOLE 176200 0 0
LUCENT TECHNOLOGIES INC COMMON 549463107 2651 86754 SH SOLE 86754 0 0
MARSH & MCLENNAN COS INC COMMON 571748102 12837 96700 SH SOLE 96700 0 0
MASCO CORP COMMON 574599106 4328 232400 SH SOLE 232400 0 0
MERCK & CO INC COMMON 589331107 1879 25240 SH SOLE 25240 0 0
MICROSOFT CORP COMMON 594918104 357 5925 SH SOLE 5925 0 0
MOLECULAR DEVICES CORP COMMON 60851C107 246 2500 SH SOLE 2500 0 0
NATIONAL DATA CORP COMMON 635621105 420 12800 SH SOLE 12800 0 0
NOKIA CORP DEPOSITORY RECEI 654902204 319 8000 SH SOLE 8000 0 0
NOBLE DRILLING CORP COMMON 655042109 377 7500 SH SOLE 7500 0 0
PACIFIC SUNWEAR CALIF IN COMMON 694873100 225 12000 SH SOLE 12000 0 0
PATINA OIL & GAS CORP COMMON 703224105 240 12000 SH SOLE 12000 0 0
PAUL HARRIS STORES INC COM NEW 703555201 60 60000 SH SOLE 60000 0 0
PENNEY J C INC COMMON 708160106 4242 359150 SH SOLE 359150 0 0
PEPSICO INC COMMON 713448108 6900 150000 SH SOLE 150000 0 0
PFIZER INC COMMON 717081103 204 4550 SH SOLE 4550 0 0
PHILIP MORRIS COS INC COMMON 718154107 1256 42670 SH SOLE 42670 0 0
PHILLIPS PETE CO COMMON 718507106 6997 111500 SH SOLE 111500 0 0
PIER 1 IMPORTS INC COMMON 720279108 543 40000 SH SOLE 40000 0 0
PILOT NETWORK SVCS INC COMMON 721596104 187 18000 SH SOLE 18000 0 0
POTOMAC ELEC PWR CO COMMON 737679100 365 14500 SH SOLE 14500 0 0
PRIMUS TELECOMMUNICATION COMMON 741929103 333 35000 SH SOLE 35000 0 0
PROXIM INC COMMON 744284100 267 6000 SH SOLE 6000 0 0
QUESTAR CORP COMMON 748356102 203 7300 SH SOLE 7300 0 0
RAMTRON INTL CORP COM NEW 751907304 141 12000 SH SOLE 12000 0 0
REMEC INC COMMON 759543101 486 16500 SH SOLE 16500 0 0
REPTRON ELECTRONICS INC SDCV 6.750 08/0 76026WAA7 500 650000 PRN SOLE 650000 0 0
ROYAL DUTCH PETE CO DEPOSITORY RECEI 780257804 216 3600 SH SOLE 3600 0 0
SBC COMMUNICATIONS INC COMMON 78387G103 11332 226646 SH SOLE 226646 0 0
SOS STAFFING SVCS INC COMMON 78462X104 35 14000 SH SOLE 14000 0 0
SAFEWAY INC COM NEW 786514208 219 4700 SH SOLE 4700 0 0
SARA LEE CORP COMMON 803111103 3368 165800 SH SOLE 165800 0 0
SCHLUMBERGER LTD COMMON 806857108 5824 70750 SH SOLE 70750 0 0
SCHWAB CHARLES CORP NEW COMMON 808513105 959 27000 SH SOLE 27000 0 0
SCORE BRD INC COM NEW 809173206 1 123750 SH SOLE 123750 0 0
SERVICE MERCHANDISE INC COMMON 817587108 16 125000 SH SOLE 125000 0 0
SHERWIN WILLIAMS CO COMMON 824348106 3527 165000 SH SOLE 165000 0 0
SOUTHERN CO COMMON 842587107 6627 204300 SH SOLE 204300 0 0
SUN MICROSYSTEMS INC COMMON 866810104 642 5500 SH SOLE 5500 0 0
SUNGARD DATA SYS INC COMMON 867363103 428 10000 SH SOLE 10000 0 0
SUPERIOR ENERGY SVCS INC COMMON 868157108 158 15000 SH SOLE 15000 0 0
SUPERVALU INC COMMON 868536103 762 50600 SH SOLE 50600 0 0
TXU CORP COMMON 873168108 991 25000 SH SOLE 25000 0 0
TICKETMASTER ONLINE-CITY CL B 88633P203 254 15000 SH SOLE 15000 0 0
II VI INC COMMON 902104108 243 13000 SH SOLE 13000 0 0
USA ED INC COMMON 90390U102 1554 32250 SH SOLE 32250 0 0
UNITED SHIPPING & TECHNO COMMON 911498103 284 70000 SH SOLE 70000 0 0
UNITEDHEALTH GROUP INC COMMON 91324P102 1383 14000 SH SOLE 14000 0 0
VANTAGEMED CORP COMMON 92208W106 18 12000 SH SOLE 12000 0 0
VARIAN INC COMMON 922206107 3152 73200 SH SOLE 73200 0 0
VARIAN SEMICONDUCTOR EQU COMMON 922207105 1992 53200 SH SOLE 53200 0 0
VARIAN MED SYS INC COMMON 92220P105 6991 154700 SH SOLE 154700 0 0
VERIZON COMMUNICATIONS COMMON 92343V104 1090 22510 SH SOLE 22510 0 0
VITAL IMAGES INC COMMON 92846N104 530 99800 SH SOLE 99800 0 0
VODAFONE GROUP PLC NEW DEPOSITORY RECEI 92857W100 648 17500 SH SOLE 17500 0 0
WALGREEN CO COMMON 931422109 9314 245500 SH SOLE 245500 0 0
WASHINGTON GAS LT CO COMMON 938837101 269 10000 SH SOLE 10000 0 0
WEYERHAEUSER CO COMMON 962166104 525 13000 SH SOLE 13000 0 0
WORLD ACCESS 144A CVT 4.5% 10/1/02 98141AAA9 218 300000 PRN SOLE 300000 0 0
WORLDCOM INC GA NEW COMMON 98157D106 1232 40562 SH SOLE 40562 0 0
WORLDWIDE WEB NETWORX CO COMMON 981604101 12 30000 SH SOLE 30000 0 0
WORLDCORP INC COMMON 981904105 0 21300 SH SOLE 21300 0 0
ZOMAX INC MINN COMMON 989929104 154 22000 SH SOLE 22000 0 0
GLOBAL CROSSING LTD COMMON G3921A100 7731 249400 SH SOLE 249400 0 0
TRANSOCEAN SEDCO FOREX I ORD G90078109 567 9673 SH SOLE 9673 0 0
</TABLE>
