UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 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 August 13, 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: 84
Form 13F Information Table Value Total: $70,894
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
- ----------------------------------------------------------------------------------------------------------------------------
A T & T CORP COM 001957109 439 7858 SH DEFINED 0 7858 0
ABBOTT LABORATORIES INC COM 002824100 1738 38300 SH DEFINED 0 38300 0
ACXIOM CORP COM 005125109 16230 650800 SH DEFINED 0 650800 0
ADTRAN INC COM 00738A106 55 1500 SH DEFINED 0 1500 0
ALBERTO CULVER CO CLASS A COM 013068200 238 10450 SH DEFINED 0 10450 0
ALLTEL CORPORATION COM 020039103 591 8264 SH DEFINED 0 8264 0
ALZA CORP COM 022615108 878 17250 SH DEFINED 0 17250 0
AMERICA ONLINE INC. COM 02364J104 979 8900 SH DEFINED 0 8900 0
AMERICAN CLASSIC VOYAGES CO COM 024928103 240 10000 SH DEFINED 0 10000 0
AMERICAN HOME PRODUCTS CORP COM 026609107 1185 20650 SH DEFINED 0 20650 0
ANADARKO PETE CORP COM 032511107 22 600 SH DEFINED 0 600 0
ANHEUSER BUSCH COS INC COM 035229103 419 5900 SH DEFINED 0 5900 0
ANIXTER INTL COM 035290105 345 18884 SH DEFINED 0 18884 0
ARTESYN TECHNOLOGY COM 043127109 44 2000 SH DEFINED 0 2000 0
BANK OF AMERICA COM 060505104 1992 27175 SH DEFINED 0 27175 0
BELLSOUTH CORPORATION COM 079860102 132 2852 SH DEFINED 0 2852 0
BENCHMARK ELECTRONICS INC COM 08160H101 72 2000 SH DEFINED 0 2000 0
BESTFOODS INC. COM 08658U101 1186 23950 SH DEFINED 0 23950 0
BOEING CO COM 097023105 365 8300 SH DEFINED 0 8300 0
BRISTOL-MYERS SQUIBB COMPANY COM 110122108 352 5004 SH DEFINED 0 5004 0
CNB BANCSHARES INC COM 126126101 372 6529 SH DEFINED 0 6529 0
CISCO SYSTEMS COM 17275R102 367 5700 SH DEFINED 0 5700 0
CITIGROUP INC COM 172967101 380 8000 SH DEFINED 0 8000 0
THE COCA-COLA COMPANY COM 191216100 207 3340 SH DEFINED 0 3340 0
COMPAQ COMPUTER CORP COM 204493100 513 21650 SH DEFINED 0 21650 0
DELTA & PINE LAND CO COM 247357106 568 18020 SH DEFINED 0 18020 0
DILLARD INC CLASS A COM 254067101 308 8770 SH DEFINED 0 8770 0
E I DU PONT DE NEMOURS & CO COM 263534109 332 4864 SH DEFINED 0 4864 0
DUKE ENERGY COMPANY COM 264399106 461 8470 SH DEFINED 0 8470 0
ENRON CORPORATION COM 293561106 446 5450 SH DEFINED 0 5450 0
EQUIFAX INC. COM 294429105 1966 55100 SH DEFINED 0 55100 0
EXXON CORPORATION COM 302290101 93 1200 SH DEFINED 0 1200 0
FAIRFIELD COMMUNITIES INC COM 304231301 3951 245000 SH DEFINED 0 245000 0
FDX CORP COM 31304N107 22 400 SH DEFINED 0 400 0
FEDERAL NATIONAL MORTGAGE COM 313586109 66 960 SH DEFINED 0 960 0
FIRST DATA CORP COM 319963104 1696 34650 SH DEFINED 0 34650 0
FIRST UNION CORPORATION COM 337358105 2479 52600 SH DEFINED 0 52600 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 135 2400 SH DEFINED 0 2400 0
G T E CORPORATION COM 362320103 2320 30733 SH DEFINED 0 30733 0
GAP INC COM 364760108 272 5400 SH DEFINED 0 5400 0
GENERAL ELECTRIC COMPANY COM 369604103 249 2200 SH DEFINED 0 2200 0
GILLETTE CO COM 375766102 90 2200 SH DEFINED 0 2200 0
HALLIBURTON COMPANY COM 406216101 597 13200 SH DEFINED 0 13200 0
H J HEINZ COMPANY COM 423074103 33 650 SH DEFINED 0 650 0
HIGHLANDS INSURANCE GROUP COM 431032101 42 4000 SH DEFINED 0 4000 0
INKTOMI CORP COM 457277101 618 4700 SH DEFINED 0 4700 0
INTEL CORPORATION COM 458140100 184 3100 SH DEFINED 0 3100 0
INTERNATIONAL BUSINESS MACHINES COM 459200101 10 80 SH DEFINED 0 80 0
JOHNSON AND JOHNSON COM 478160104 29 300 SH DEFINED 0 300 0
KIMBERLY-CLARK CORPORATION COM 494368103 1203 21100 SH DEFINED 0 21100 0
LUCENT TECHNOLOGIES INC. COM 549463107 45 665 SH DEFINED 0 665 0
MCI WORLDCOM INC. COM 55268B106 1733 20135 SH DEFINED 0 20135 0
MATTEL INC. COM 577081102 2756 105500 SH DEFINED 0 105500 0
MELLON BANK COM 585509102 1925 52920 SH DEFINED 0 52920 0
MERCK & COMPANY INCORPORATED COM 589331107 99 1340 SH DEFINED 0 1340 0
MERRILL LYNCH & CO. COM 590188108 445 5600 SH DEFINED 0 5600 0
FRED MEYER INC COM 592222228 227 4193 SH DEFINED 0 4193 0
MICROSOFT CORP. COM 594918104 140 1550 SH DEFINED 0 1550 0
NABISCO HOLDINGS CORP CLASS A COM 629526104 1299 30200 SH DEFINED 0 30200 0
NORRELL CORP GA COM 656301108 376 20000 SH DEFINED 0 20000 0
ORION CAPITAL CORPORATION COM 686268103 3 82 SH DEFINED 0 82 0
PEPSICO INCORPORATED COM 713448108 2706 69950 SH DEFINED 0 69950 0
PFIZER INCORPORATED COM 717081103 96 880 SH DEFINED 0 880 0
PHILIP MORRIS COMPANIES INC COM 718154107 938 23350 SH DEFINED 0 23350 0
POWER-ONE INC COM 739308104 246 10000 SH DEFINED 0 10000 0
PRISON REALTY TRUST COM 74264N105 148 15087 SH DEFINED 0 15087 0
PROCTER & GAMBLE COMPANY COM 742718109 27 300 SH DEFINED 0 300 0
PURE WORLD INC COM 74622C106 69 16000 SH DEFINED 0 16000 0
REGIONS FINANCIAL CORP COM 758940100 678 17649 SH DEFINED 0 17649 0
SBC COMMUNICATIONS, INC. COM 78387G103 111 1908 SH DEFINED 0 1908 0
SCHERING-PLOUGH CORPORATION COM 806605101 269 5121 SH DEFINED 0 5121 0
AMEX CONSUMER STAPLES COM 81369Y308 2022 79000 SH DEFINED 0 79000 0
TECHNOLOGY SELECT SECTOR SBIINTEC 81369Y803 1789 44200 SH DEFINED 0 44200 0
SERVICE CORP INTERNATIONAL COM 817565104 232 12050 SH DEFINED 0 12050 0
SMART CHOICE AUTOMOTIVE GROUP COM 831686209 30 43200 SH DEFINED 0 43200 0
STAFFMARK INC COM 852389105 251 25000 SH DEFINED 0 25000 0
STEWART ENTERPRISES INC COM 860370105 1837 126150 SH DEFINED 0 126150 0
TEXACO INCORPORATED COM 881694103 1597 25600 SH DEFINED 0 25600 0
TYSON FOODS INC CLASS A COM 902494103 199 8850 SH DEFINED 0 8850 0
UNITED TECHNOLOGIES CORP COM 913017109 25 344 SH DEFINED 0 344 0
WADDELL & REED CLASS B COM 930059209 26 979 SH DEFINED 0 979 0
WAL-MART STORES INC. COM 931142103 1174 24338 SH DEFINED 0 24338 0
DAIMLERCHRYSLER COM D1668R123 89 997 SH DEFINED 0 997 0
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