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, 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: Stephens Inc.
Address: 111 Center Street
Little Rock, AR 72201
13F File Number: 28-2738
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.
Persons Signing this Report on Behalf of Reporting Manager:
Name: Phillip A. Shellabarger
Title: Senior Vice President, Compliance
Phone: (501) 377-2225
Signature, Place, and Date of Signing:
Phillip Shellabarger Little Rock, Arkansas October 26, 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: 77
Form 13F Information Table Value Total: $62,623
List of Other Included Managers:
No. 13F File Number Name
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FORM 13F INFORMATION TABLE
TITLE OF VALUE PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER CLASS CUSIP (x$1000) SHARES SH CALL DSCRETN MANAGERS SOLE SHARED NONE
- ----------------------------------------------------------------------------------------------------------------------------
ALZA CORPORATION COM 022615108 559 13050 SH DEFINED 0 13050 0
AMERICA ONLINE INC. COM 02364J104 864 8300 SH DEFINED 0 8300 0
AMERICAN HOME PRODUCTS CORP COM 026609107 17 400 SH DEFINED 0 400 0
ANADARKO PETE CORP COM 032511107 18 600 SH DEFINED 0 600 0
ANHEUSER BUSCH COS INC COM 035229103 382 5450 SH DEFINED 0 5450 0
ARTESYN TECHNOLOGY COM 043127109 38 2000 SH DEFINED 0 2000 0
BANK OF AMERICA CORP COM 060505104 1791 32158 SH DEFINED 0 32158 0
BELLSOUTH CORPORATION COM 079860102 128 2852 SH DEFINED 0 2852 0
BENCHMARK ELECTRONICS INC COM 08160H101 71 2000 SH DEFINED 0 2000 0
BESTFOODS INC. COM 08658U101 1420 29250 SH DEFINED 0 29250 0
BRISTOL-MYERS SQUIBB COMPANY COM 110122108 338 5004 SH DEFINED 0 5004 0
DOW JONES PUT 12487LWXP 5266 50000 SH PUT DEFINED 0 50000 0
CNB BANCSHARES INC COM 126126101 346 6529 SH DEFINED 0 6529 0
CISCO SYSTEMS COM 17275R102 363 5300 SH DEFINED 0 5300 0
CITIGROUP INC COM 172967101 345 7850 SH DEFINED 0 7850 0
THE COCA-COLA COMPANY COM 191216100 161 3340 SH DEFINED 0 3340 0
COMPAQ COMPUTER CORP COM 204493100 477 20850 SH DEFINED 0 20850 0
DELTA & PINE LAND CO COM 247357106 466 18020 SH DEFINED 0 18020 0
E I DU PONT DE NEMOURS & CO COM 263534109 294 4864 SH DEFINED 0 4864 0
DUKE ENERGY COMPANY COM 264399106 461 8370 SH DEFINED 0 8370 0
A T & T CORP COM 001957109 342 7858 SH DEFINED 0 7858 0
ABBOTT LABORATORIES INC COM 002824100 1939 52850 SH DEFINED 0 52850 0
ACXIOM CORP COM 005125109 13759 700000 SH DEFINED 0 700000 0
ADTRAN INC COM 00738A106 57 1500 SH DEFINED 0 1500 0
ALBERTO CULVER CO COM 013068200 216 11050 SH DEFINED 0 11050 0
ALLTEL CORPORATION COM 020039103 582 8264 SH DEFINED 0 8264 0
ELAN CORP PLC COM 284131208 161 4800 SH DEFINED 0 4800 0
ENRON CORPORATION COM 293561106 384 9350 SH DEFINED 0 9350 0
EQUIFAX INC. COM 294429105 2056 73100 SH DEFINED 0 73100 0
EXXON CORPORATION COM 302290101 91 1200 SH DEFINED 0 1200 0
FAIRFIELD COMMUNITIES INC COM 304231301 2669 244000 SH DEFINED 0 244000 0
FDX CORP COM 31304N107 27 700 SH DEFINED 0 700 0
FEDERAL NATIONAL MORTGAGE COM 313586109 40 640 SH DEFINED 0 640 0
FIRST DATA CORP COM 319963104 1318 30050 SH DEFINED 0 30050 0
FIRST UNION CORPORATION COM 337358105 2150 60350 SH DEFINED 0 60350 0
FIRST UNITED BANKSHARES COM 33741E104 2 100 SH DEFINED 0 100 0
FOAMEX INTL INC. COM 344123104 1 200 SH DEFINED 0 200 0
FORD MOTOR COMPANY COM 345370100 121 2400 SH DEFINED 0 2400 0
G T E CORPORATION COM 362320103 2286 29733 SH DEFINED 0 29733 0
GENERAL ELECTRIC COMPANY COM 369604103 231 1950 SH DEFINED 0 1950 0
H J HEINZ COMPANY COM 423074103 34 800 SH DEFINED 0 800 0
INKTOMI CORP COM 457277101 444 3700 SH DEFINED 0 3700 0
INTEL CORPORATION COM 458140100 253 3400 SH DEFINED 0 3400 0
INTERNATIONAL BUSINESS MACHINES COM 459200101 10 80 SH DEFINED 0 80 0
JOHNSON AND JOHNSON COM 478160104 34 365 SH DEFINED 0 365 0
KIMBERLY-CLARK CORPORATION COM 494368103 1372 26000 SH DEFINED 0 26000 0
KROGER COMPANY COM 501044101 185 8386 SH DEFINED 0 8386 0
LUCENT TECHNOLOGIES INC. COM 549463107 39 600 SH DEFINED 0 600 0
MCI WORLDCOM INC. COM 55268B106 2759 38385 SH DEFINED 0 38385 0
MARINER POST ACUTE NETWORK COM 568459101 6 15000 SH DEFINED 0 15000 0
MATTEL INC. COM 577081102 2052 108000 SH DEFINED 0 108000 0
MELLON BANK COM 585509102 1828 54350 SH DEFINED 0 54350 0
MERCK & COMPANY INCORPORATED COM 589331107 1620 24990 SH DEFINED 0 24990 0
MERRILL LYNCH & CO. COM 590188108 280 4150 SH DEFINED 0 4150 0
MICROSOFT CORP. COM 594918104 109 1200 SH DEFINED 0 1200 0
MONSANTO COMPANY COM 611662107 473 13250 SH DEFINED 0 13250 0
NABISCO HOLDINGS CORP CLASS A COM 629526104 1815 52500 SH DEFINED 0 52500 0
ORION CAPITAL CORPORATION COM 686268103 4 82 SH DEFINED 0 82 0
OZARK CAPITAL TRUST 9% PFD 692619208 148 14800 SH DEFINED 0 14800 0
PEPSICO INCORPORATED COM 713448108 2263 74200 SH DEFINED 0 74200 0
PFIZER INCORPORATED COM 717081103 89 2490 SH DEFINED 0 2490 0
PHILIP MORRIS COMPANIES INC COM 718154107 769 22500 SH DEFINED 0 22500 0
POWER-ONE INC COM 739308104 255 10000 SH DEFINED 0 10000 0
PRISON REALTY TRUST COM 74264N105 44 4100 SH DEFINED 0 4100 0
PROCTER & GAMBLE COMPANY COM 742718109 28 300 SH DEFINED 0 300 0
PURE WORLD INC COM 74622C106 43 16000 SH DEFINED 0 16000 0
REGIONS FINANCIAL CORP COM 758940100 526 17549 SH DEFINED 0 17549 0
SBC COMMUNICATIONS, INC. COM 78387G103 97 1908 SH DEFINED 0 1908 0
SI DIAMOND TECHNOLOGY COM 784249104 47 25000 SH DEFINED 0 25000 0
SAKS INCORPORATED COM 79377W108 466 30700 SH DEFINED 0 30700 0
SCHERING-PLOUGH CORPORATION COM 806605101 223 5121 SH DEFINED 0 5121 0
AMEX CONSUMER STAPLES COM 81369Y308 1809 79500 SH DEFINED 0 79500 0
TECHNOLOGY SELECT SECTOR SBIINTE 81369Y803 1823 44200 SH DEFINED 0 44200 0
STAFFMARK INC COM 852389105 201 25300 SH DEFINED 0 25300 0
STEWART ENTERPRISES INC COM 860370105 793 130750 SH DEFINED 0 130750 0
TEXACO INCORPORATED COM 881694103 290 4600 SH DEFINED 0 4600 0
TYSON FOODS INC CLASS A COM 902494103 1074 65350 SH DEFINED 0 65350 0
VOLVO AKTIEBOLAGET ADR B COM 928856400 287 10000 SH DEFINED 0 10000 0
WADDELL & REED CLASS B COM 930059209 21 979 SH DEFINED 0 979 0
WAL-MART STORES INC. COM 931142103 1234 25938 SH DEFINED 0 25938 0
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