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: 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 May 14, 2000
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: 69
Form 13F Information Table Value Total: $53,190
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 1565 27783 SH DEFINED 0 27783 0
ABBOTT LABORATORIES INC COM 002824100 2169 61650 SH DEFINED 0 61650 0
ACXIOM CORP COM 005125109 81 2440 SH DEFINED 0 2440 0
ALLTEL CORPORATION COM 020039103 465 7347 SH DEFINED 0 7347 0
ALZA CORPORATION COM 022615108 817 21750 SH DEFINED 0 21750 0
AMERICA ONLINE INC. COM 02364J104 2455 36400 SH DEFINED 0 36400 0
AMERICAN GENERAL CORPORATION COM 026351106 28 505 SH DEFINED 0 505 0
ANADARKO PETE CORP COM 032511107 31 800 SH DEFINED 0 800 0
ANHEUSER BUSCH COS INC COM 035229103 398 6400 SH DEFINED 0 6400 0
APPLIED MATRLS CALL 038222905 471 5000 SH CALL DEFINED 0 5000 0
AUTOMATIC DATA PROCESSING INC COM 053015103 229 4750 SH DEFINED 0 4750 0
BANK OF AMERICA CORP COM 060505104 1962 37410 SH DEFINED 0 37410 0
BESTFOODS INC. COM 08658U101 1311 28000 SH DEFINED 0 28000 0
BRISTOL-MYERS SQUIBB COMPANY COM 110122108 267 4604 SH DEFINED 0 4604 0
CENTURYTEL INC COM 156700106 20 549 SH DEFINED 0 549 0
CHUBB CORPORATION COM 171232101 19 280 SH DEFINED 0 280 0
CISCO SYSTEMS COM 17275R102 247 3200 SH DEFINED 0 3200 0
CISCO SYSTEMS CALL 17275R902 387 5000 SH CALL DEFINED 0 5000 0
CITIGROUP INC COM 172967101 67 1125 SH DEFINED 0 1125 0
THE COCA-COLA COMPANY COM 191216100 180 3840 SH DEFINED 0 3840 0
DARDEN RESTAURANTS INC. COM 237194105 5518 309757 SH DEFINED 0 309757 0
DELTA & PINE LAND CO COM 247357106 184 9320 SH DEFINED 0 9320 0
WALT DISNEY CO COM 254687106 226 5475 SH DEFINED 0 5475 0
E I DU PONT DE NEMOURS & CO COM 263534109 604 11414 SH DEFINED 0 11414 0
DUKE ENERGY COMPANY COM 264399106 373 7100 SH DEFINED 0 7100 0
EQUIFAX INC. COM 294429105 624 24700 SH DEFINED 0 24700 0
EXXON MOBIL CORP COM 30231G102 926 11882 SH DEFINED 0 11882 0
FAIRFIELD COMMUNITIES INC COM 304231301 222 28000 SH DEFINED 0 28000 0
FEDERAL NATIONAL MORTGAGE COM 313586109 40 700 SH DEFINED 0 700 0
FIFTH THIRD BANCORP COM 316773100 363 5761 SH DEFINED 0 5761 0
FIRST DATA CORP COM 319963104 1735 39100 SH DEFINED 0 39100 0
FIRST UNION CORPORATION COM 337358105 1825 49000 SH DEFINED 0 49000 0
FORD MOTOR COMPANY COM 345370100 110 2400 SH DEFINED 0 2400 0
FORTUNE BRANDS INC COM 349631101 7 275 SH DEFINED 0 275 0
G T E CORPORATION COM 362320103 1878 26450 SH DEFINED 0 26450 0
GAP INC COM 364760108 269 5400 SH DEFINED 0 5400 0
GENERAL ELECTRIC COMPANY COM 369604103 274 1761 SH DEFINED 0 1761 0
GENERAL MILLS INCORPORATED COM 370334104 926 25576 SH DEFINED 0 25576 0
H J HEINZ COMPANY COM 423074103 20 575 SH DEFINED 0 575 0
IMMUNE RESPNS CALL 45252T906 258 20000 SH CALL DEFINED 0 20000 0
INTEL CORPORATION COM 458140100 251 1900 SH DEFINED 0 1900 0
INTERNATIONAL BUSINESS COM 459200101 511 4330 SH DEFINED 0 4330 0
KIMBERLY-CLARK CORPORATION COM 494368103 1528 27250 SH DEFINED 0 27250 0
LUCENT TECHNOLOGIES INC. COM 549463107 236 3850 SH DEFINED 0 3850 0
MCI WORLDCOM INC. COM 55268B106 3229 71250 SH DEFINED 0 71250 0
MELLON FINANCIAL COM 58551A108 1571 52800 SH DEFINED 0 52800 0
MERCK & COMPANY INCORPORATED COM 589331107 2208 35540 SH DEFINED 0 35540 0
MICROSOFT CORP. COM 594918104 106 1000 SH DEFINED 0 1000 0
S AND P MIDCAP 400 INDEX COM 595635103 237 2600 SH DEFINED 0 2600 0
MOTOROLA INCORPORATED COM 620076109 17 115 SH DEFINED 0 115 0
NABISCO HOLDINGS CORP CLASS A COM 629526104 2219 68800 SH DEFINED 0 68800 0
OZARK CAPITAL TRUST 9% PFD 692619208 117 12500 SH DEFINED 0 12500 0
PEPSICO INCORPORATED COM 713448108 2408 69050 SH DEFINED 0 69050 0
PFIZER INCORPORATED COM 717081103 91 2490 SH DEFINED 0 2490 0
PHILIP MORRIS COMPANIES INC COM 718154107 308 14600 SH DEFINED 0 14600 0
PROCTER & GAMBLE COMPANY COM 742718109 51 900 SH DEFINED 0 900 0
REGIONS FINANCIAL CORP COM 758940100 373 16349 SH DEFINED 0 16349 0
SBC COMMUNICATIONS, INC. COM 78387G103 138 3280 SH DEFINED 0 3280 0
SAKS INCORPORATED COM 79377W108 276 19000 SH DEFINED 0 19000 0
SCHERING-PLOUGH CORPORATION COM 806605101 512 13791 SH DEFINED 0 13791 0
TECHNOLOGY SELECT SECTOR COM 81369Y803 2704 44650 SH DEFINED 0 44650 0
STEWART ENTERPRISES INC COM 860370105 10 2100 SH DEFINED 0 2100 0
SUN MICROSYSTEM CALL 866810904 469 5000 SH CALL DEFINED 0 5000 0
TEXACO INCORPORATED COM 881694103 556 10350 SH DEFINED 0 10350 0
TYSON FOODS INC CLASS A COM 902494103 250 22450 SH DEFINED 0 22450 0
UNITED TECHNOLOGIES CORP COM 913017109 859 13594 SH DEFINED 0 13594 0
VOLVO AKTIEBOLAGET ADR B COM 928856400 273 10000 SH DEFINED 0 10000 0
WAL-MART STORES INC. COM 931142103 1637 28978 SH DEFINED 0 28978 0
WILLIAMS COMPANIES COM 969457100 494 11250 SH DEFINED 0 11250 0
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