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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, 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: Massachusetts Fiduciary Advisors, Inc.
Address: One Liberty Square, Boston, MA 02109
13F File Number: 28-3056
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
comlete, 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: Richard F. Cook, Jr.
Title: Senior Vice President
Phone: 617-350-0202
Signature, Place, and Date of Signing:
Richard F. Cook, Jr. Boston, Massachusetts May 10, 1999
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 31
Form 13F Information Table Value Total: $127,286,118
List of Other Included Managers:
NONE
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MASSACHUSETTS FIDUCIARY ADVISORS, INC. FORM 13F - PAGE 1
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ITEM 6 ITEM 8
ITEM 4 ITEM 5 INVESTMENT DISCRETION (SHARES) VOTING AUTHORITY
FAIR SHARES (C) ITEM (SHARES)
ITEM 1 ITEM 2 ITEM 3 MARKET OR (A) (B) SHARED 7 (A) (B) (C)
ISSUER CLASS SECID VALUE PRN AMT SOLE SHARED (OTHER) MGRS SOLE SHARED NONE
- ------------------------------ -------- --------- ----------- ------- --------- -------- ------- ---- ------- ------ ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ACE LTD ORD G0070K103 2,806,875 90,000 X X
ALFA CORP COM 015385107 2,652,563 164,500 X X
AMBAC FINL GROUP INC COM 023139108 4,320,000 80,000 X X
AMERICAN GENERAL CORP COM 026351106 4,230,000 60,000 X X
AON CORP COM 037389103 4,743,750 75,000 X X
BERKSHIRE HATHAWAY INC DEL CLA 084670108 6,211,800 87 X X
CAPITAL RE CORP COM 140432105 1,228,200 71,200 X X
CHOICEPOINT INC COM 170388102 498,750 10,000 X X
CINCINNATI FINL CORP COM 172062101 4,372,500 120,000 X X
CRAWFORD & CO CLA 224633206 815,000 80,000 X X
EQUIFAX INC COM 294429105 3,437,500 100,000 X X
EXECUTIVE RISK INC COM 301586103 5,680,000 80,000 X X
FRANKLIN RES INC COM 354613101 311,850 11,088 X X
GALLAGHER ARTHUR J & CO COM 363576109 4,195,200 91,200 X X
HCC INS HLDGS INC COM 404132102 1,925,000 100,000 X X
HORACE MANN EDUCATORS CORP COM 440327104 3,710,000 160,000 X X
MARKEL CORP COM 570535104 4,217,850 23,400 X X
MARSH & MCLENNAN COS INC COM 571748102 6,682,500 90,000 X X
MBIA INC COM 55262C100 4,060,000 70,000 X X
MERCURY GENL CORP COM 589400100 5,231,250 150,000 X X
PENN-AMER GROUP INC COM 707247102 957,000 87,000 X X
POE & BROWN INC COM 730444106 2,737,969 82,500 X X
PRESIDENTIAL LIFE CORP COM 740884101 1,076,250 60,000 X X
PROGRESSIVE CORP OHIO COM 743315103 9,327,500 65,000 X X
PROVIDENT COS INC COM 743862104 6,221,250 180,000 X X
SAFECO CORP COM 786429100 2,830,625 70,000 X X
ST PAUL COS INC COM 792860108 6,133,867 197,469 X X
TERRA NOVA BERMUDA HLDGS LTD CLA G87615103 18,018,569 823,706 X X
TRENWICK GROUP INC COM 895290104 2,109,375 75,000 X X
UNITED ASSET MGMT CORP COM 909420101 2,262,500 100,000 X X
UNUM CORP COM 903192102 4,280,625 90,000 X X
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PAGE TOTAL 127,286,118
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