Form 13F
Form 13F Cover Page
Report for the 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: American Fund Advisors, Inc.
Address: 1415 Kellum Place
Suite 205
Garden City, NY 11530
13F File Number: 801-14138
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: Phyllis Palumbo
Title: Assistant Treasurer
Phone: 516-739-1017
Signature, Place, and Date of Signing:
Phyllis A. Palumbo, Garden City, New York, April 27, 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.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 178
Form 13F Information Table Value Total: 2,874,016
List of Other Managers:
[PAGE]
<TABLE>
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ACTIVE SOFTWARE INC. COM 00504E100 19083 300000 SH SOLE 300000
ADVANCED FIBRE COMMUNICATION COM 00754A105 21941 350000 SH SOLE 350000
AEROFLEX INC. COM 007768104 19800 400000 SH SOLE 400000
AGILENT TECHNOLOGIES COM 00846U101 33800 325000 SH SOLE 325000
AKAMAI TECHNOLOGIES COM 00971T101 2509 15600 SH SOLE 15600
ALLEGIANCE TELECOM INC. COM 01747T102 13206 163800 SH SOLE 163800
ALTERA CORP. COM 021441100 38288 429000 SH SOLE 428900
AMERICA ONLINE INC. COM 023645104 62966 936300 SH SOLE 936200
AMKOR TECHNOLOGIES INC. COM 031652100 45103 850000 SH SOLE 850000
ANALOG DEVICES INC. COM 032654105 48466 601600 SH SOLE 601600
ANTEC CORP. COM 03664P105 20325 453550 SH SOLE 453450
APPLIED MATERIALS INC. COM 038222105 34288 363800 SH SOLE 363800
APPLIED SCIENCE & TECHNOLOGY COM 038236105 15370 508100 SH SOLE 508100
ARROWPOINT COMMUNICATIONS COM 042810101 1102 9300 SH SOLE 9300
ART TECHNOLOGY GROUP INC. COM 04289L107 24173 368000 SH SOLE 368000
ASK JEEVES INC. COM 045174109 27616 451800 SH SOLE 451800
ASM LITHOGRAPHY HLD NV COM N07059111 25434 227600 SH SOLE 227600
AT&T COM 001957109 259 4608 SH SOLE 4608
AT&T LIBERTY MEDIA CL A COM 001957201 350 5908 SH SOLE 5908
ATLANTIC RICHFIELD CO. COM 048825103 284 3340 SH SOLE 3340
ATMEL CORP. COM 049513104 41341 800800 SH SOLE 800800
ATS MEDICAL INC. COM 002083101 382 40500 SH SOLE 40500
AUDIBLE INC. COM 05069A104 3000 300000 SH SOLE 300000
AVANEX CORP. COM 05348W109 5053 33300 SH SOLE 33300
BANK OF NEW YORK INC. COM 064057102 345 8300 SH SOLE 8300
BEA SYSTEMS INC. COM 073325102 31991 436000 SH SOLE 436000
BLUESTONE SOFTWARE COM 09623D102 6241 184910 SH SOLE 184910
BMC SOFTWARE COM 055921100 16052 325100 SH SOLE 325100
CADENCE DESIGN SYSTEMS INC. COM 127387108 15645 754000 SH SOLE 754000
CALICO COMMERCE INC. COM 129897104 16424 501500 SH SOLE 501500
CHARTER COMMUNICATIONS INC. A COM 16117M107 8701 607300 SH SOLE 607300
CHINA TELECOM HK ADR COM 169428109 8862 50000 SH SOLE 50000
CHINA.COM CORP. CL A COM g2108n109 3400 41970 SH SOLE 41970
CIENA CORP. COM 171779101 54335 430800 SH SOLE 430800
CISCO SYSTEMS, INC. COM 17275R102 73800 954564 SH SOLE 954564
CITIGROUP INC. COM 172967101 2794 46663 SH SOLE 46663
CLASSIC COMMUNICATIONS INC. COM 182728204 2362 150000 SH SOLE 150000
COBALT NETWORKS INC. COM 19074R101 16511 351300 SH SOLE 351300
COCA-COLA CO. COM 191216100 282 6000 SH SOLE 6000
COMDISCO INC. COM 200336105 247 5600 SH SOLE 5600
COMPAQ COMPUTER CORP. COM 204493100 19245 722830 SH SOLE 722830
COMPUTER ASSOCIATES INTERNATIO COM 204912109 36788 621550 SH SOLE 621550
CORNING INC. COM 219350105 29100 150000 SH SOLE 150000
COSTCO WHOLESALE CORP. COM 22160Q102 1255 23884 SH SOLE 23884
CYPRESS SEMICONDUCTOR CORP. COM 232806909 32928 667750 SH SOLE 667550
CYSIVE INC. COM 23281T108 4829 70500 SH SOLE 70500
DELL COMPUTER CORP. COM 247025109 50097 928800 SH SOLE 928650
DISNEY CO., (THE WALT) COM 254687106 699 16943 SH SOLE 16943
DIVERSINET CORP. COM 25536K204 14897 833400 SH SOLE 833400
DOUBLECLICK INC. COM 258609304 26215 280000 SH SOLE 280000
E*TRADE GROUP, INC. COM 269246104 11071 367500 SH SOLE 367500
EL SITIO INC. COM 630177101 5432 253400 SH SOLE 253400
ELECTRONICS FOR IMAGING COM 286082102 30156 502600 SH SOLE 502500
EMC CORP. COM 268648102 62787 502300 SH SOLE 502300
EON COMMUNICATIONS CORP. COM 268763109 2937 200000 SH SOLE 200000
EQUANT N.V.-REGISTER COM 294409107 17034 200250 SH SOLE 200250
EXODUS COMMUNICATIONS INC. COM 302088109 61342 436600 SH SOLE 436600
FACTSET RESH SYSTEMS INC. COM 303075105 823 30400 SH SOLE 30400
FINISAR CORPORATION COM 31787A101 20512 140000 SH SOLE 140000
GATEWAY INC. COM 367626108 9275 175000 SH SOLE 175000
GENERAL ELECTRIC CO. COM 369604103 4644 29841 SH SOLE 29841
GILLETTE CO. COM 375766102 317 8400 SH SOLE 8400
GLOBAL CROSSING LTD. COM G3921A100 11332 276819 SH SOLE 276819
GLOBAL LIGHT TELECOM COM 37934X100 9225 450000 SH SOLE 450000
GLOBAL SPORTS INC. COM 37937A107 387 20775 SH SOLE 20775
GLOBECOMM SYSTEMS INC. COM 37956X103 12900 483380 SH SOLE 483380
GT GROUP TELECOM INC. COM 362359408 936 44830 SH SOLE 44830
GUIDANT CORP. COM 401698105 825 13800 SH SOLE 13800
HOME DEPOT COM 437076102 1504 23325 SH SOLE 23325
HONEYWELL INTL. INC. COM 438516101 1358 25784 SH SOLE 25784
I2 TECHNOLOGY INC. COM 465754109 48960 400900 SH SOLE 400900
IBASIS INC. COM 450732102 565 13750 SH SOLE 13750
IBM CORP. COM 459200101 10673 90450 SH SOLE 90450
ILLINOIS SUPERCONDUCTOR COM 452284101 3393 493500 SH SOLE 493500
IMPSAT FIBER NETWORKS INC. COM 45321T103 294 10500 SH SOLE 10500
IMR GLOBAL CORPORATION COM 45321W106 9391 653300 SH SOLE 653300
INFINITY BROADCASTING CORP. A COM 456625102 7178 221700 SH SOLE 221700
INFOSPACE INC.- NEW COM 45678T102 20361 140000 SH SOLE 140000
INFOTAG CORP. COM 456790101 0 11000 SH SOLE 11000
INKTOMI CORP. COM 457277101 46839 240200 SH SOLE 240200
INNKEEPERS USA TRUST COM 457650101 104 12750 SH SOLE 12750
INPRISE CORPORATION COM 45766C102 6812 1000000 SH SOLE 1000000
INTEGRATED DEVICES TECH INC. COM 458118106 43766 1104500 SH SOLE 1104500
INTEL CORPORATION COM 458140100 47953 363450 SH SOLE 363450
INTERNAP NETWORK SERVICES COM 45885A102 3528 76700 SH SOLE 76700
INTERPUBLIC GROUP OF COS INC. COM 460690100 1011 21404 SH SOLE 21404
INTERSIL HOLDING CORP. COM 46069S109 5440 105250 SH SOLE 105250
JNI CORP. COM 466226105 16076 316000 SH SOLE 316000
JOHN HANCOCK BANK & THRIFT OPP COM 41021T105 166 24000 SH SOLE 24000
KEYNOTE SYSTEMS INC. COM 493308100 11247 110000 SH SOLE 110000
KLA-TENCOR CORPORATION COM 482480100 33885 402200 SH SOLE 402200
KROGER CO. COM 501044101 575 32768 SH SOLE 32768
LEXMARK INTL. GROUP INC. COM 529771107 10089 95400 SH SOLE 95400
LSI LOGIC CORP. COM 502161AB8 25666 353400 SH SOLE 353400
LUCENT TECHNOLOGIES COM 549463107 1512 24678 SH SOLE 24678
MBNA CORP. COM 55262L101 638 25001 SH SOLE 25001
MC DONALD'S CORP. COM 580135101 355 9500 SH SOLE 9500
MCI WORLDCOM, INC. COM 552683106 14172 312757 SH SOLE 312607
MERCK & CO. COM 589331107 224 3600 SH SOLE 3600
MERCURY INTERACTIVE CORP. COM 589405109 55689 702700 SH SOLE 702700
METROMEDIA FIBER NETWORK COM 591689104 39058 403700 SH SOLE 403700
MICRON TECHNOLOGY, INC. COM 595112103 75953 602800 SH SOLE 602800
MICROSOFT INC. COM 594918104 55993 526993 SH SOLE 526893
MICROWAVE POWER DEVICES INC. COM 59517M103 887 100000 SH SOLE 100000
MONSANTO COMPANY COM 611662107 834 16189 SH SOLE 16189
MP3.COM INC. COM 62473M109 4203 200150 SH SOLE 200150
NATIONAL SEMICONDUCTOR CORP. COM 637640103 33689 555700 SH SOLE 555700
NBC INTERNET INC. COM 62773D106 21902 508600 SH SOLE 508500
NEOFORMA.COM INC. COM 640475109 262 16000 SH SOLE 16000
NET PERCEPTIONS INC. COM 64107U101 20389 552000 SH SOLE 552000
NET2PHONE INC. COM 64108N106 17737 300000 SH SOLE 300000
NETPLIANCE INC. COM 64115K101 2620 180700 SH SOLE 180700
NETWORKS ASSOCIATES INC. COM 640938106 16886 523600 SH SOLE 523600
NIKU CORP. COM 654113109 1643 34730 SH SOLE 34730
NOKIA CORP. ADR COM 654902204 48881 225000 SH SOLE 225000
NORTEL NETWORKS CORP. COM 656569100 29005 230200 SH SOLE 230200
NORTH FORK BANCORPORATION NY COM 659424105 953 53317 SH SOLE 53317
NOVADIGM INC. COM 669937104 314 26200 SH SOLE 26200
NOVELL INC. COM 670006105 14338 500900 SH SOLE 500900
NOVELLUS SYSTEMS INC. COM 670008101 28062 500000 SH SOLE 500000
ONVIA.COM COM 68338T106 627 29680 SH SOLE 29680
ORACLE SYSTEMS CORP. COM 68389X105 59207 758450 SH SOLE 758450
PACIFIC CENTURY CYBERWORKS LTD COM Y6801N100 23400 10000000 SH SOLE 10000000
PARAMETRIC TECHNOLOGY CORP. COM 699173100 32162 1527000 SH SOLE 1526700
PARTSBASE.COM INC. COM 70214P101 2328 250000 SH SOLE 250000
PFIZER INC. COM 717081103 1585 43357 SH SOLE 43357
PHILIP MORRIS COS. COM 718154107 391 18500 SH SOLE 18500
PHONE.COM INC. COM 71920G100 32625 200000 SH SOLE 200000
PORTAL SOFTWARE COM 735126103 14234 250000 SH SOLE 250000
PRI AUTOMATION INC. COM 69357H106 16840 275500 SH SOLE 275500
PRIMUS TELECOMMUNICATIONS GROU COM 741929103 50479 976622 SH SOLE 976622
QWEST COMMUNICATIONS INTL. COM 749121109 22344 460700 SH SOLE 460600
RADVISION LTD. COM M81869101 278 5300 SH SOLE 5300
RADWARE LTD. COM M81873107 3503 90400 SH SOLE 90400
RATIONAL SOFTWARE CORP. COM 75409P202 38453 502650 SH SOLE 502650
RCN CORPORATION COM 749361101 211 4500 SH SOLE 4500
REAL NETWORKS INC. COM 75605L104 22889 402000 SH SOLE 402000
REGISTER.COM COM 75914G101 910 13100 SH SOLE 13100
RESEARCH IN MOTION LTD. COM 760975102 44506 417900 SH SOLE 417900
RHYTHMS NETCONNECTIONS INC. COM 762430205 16613 451300 SH SOLE 451300
ROYAL CARIBBEAN CRUISES LTD. COM U7780T101 210 7500 SH SOLE 7500
SANMINA CORP. COM 800907107 27025 400000 SH SOLE 400000
SAVVIS COMMUNICATIONS CORP. COM 805423101 3525 200000 SH SOLE 200000
SCHERING-PLOUGH CORP. COM 806605101 386 10400 SH SOLE 10400
SCHLUMBERGER LTD. COM 806857108 287 3750 SH SOLE 3750
SEAGATE TECHNOLOGY COM 811804103 30149 500400 SH SOLE 500400
SMARTFORCE PC COM 83170A206 18350 400000 SH SOLE 400000
SOCIETE EURO SATELLITE COM 185773114 221 1200 SH SOLE 1200
SOLECTRON CORP. COM 834182107 40567 1012600 SH SOLE 1012400
SPRINT CORP. COM 852061001 316 5000 SH SOLE 5000
SYCAMORE NETWORKS INC. COM 871206108 6062 46995 SH SOLE 46995
TAIWAN SEMICONDUCTOR MFG LTD. COM 874039100 22954 402706 SH SOLE 402706
TELAXIS COMMUNICATIONS CORP. COM 879202109 1169 19450 SH SOLE 19450
TELEBRAS TELECOMMUNICATIONS DE COM P90286131 331 2500 SH SOLE 2500
TELEMATE.NET SOFTWARE INC. COM 87943L100 4200 350000 SH SOLE 350000
TELOCITY INC. COM 87971D101 5681 459050 SH SOLE 459050
TENFOLD CORP. COM 88033A103 25924 428500 SH SOLE 428300
TIBCO SOFTWARE INC. COM 886329103 21956 269400 SH SOLE 269400
TUT SYSTEMS INC. COM 901103101 33033 554600 SH SOLE 554600
UNION CARBIDE CORP. COM 905581104 249 4266 SH SOLE 4266
UNISYS CORP. COM 909214108 26010 1020000 SH SOLE 1020000
UNITED TECHNOLOGIES COM 913017109 10994 173984 SH SOLE 173984
VEECO INSTRUMENTS INC. COM 922417100 11100 150000 SH SOLE 150000
VERTICALNET INC. COM 92532L107 23800 175000 SH SOLE 175000
VIANT CORP. COM 92553N107 16871 503600 SH SOLE 503600
VIASYSTEMS GROUP INC. COM 925534101 775 50000 SH SOLE 50000
VITESSE SEMICONDUCTORS COM 928497106 19250 200000 SH SOLE 200000
VIXEL CORP. COM 928552106 4031 250000 SH SOLE 250000
VOXWARE INC. COM 92906L101 134 15500 SH SOLE 15500
WASHINGTON MUTUAL INC. COM 939322103 724 27334 SH SOLE 27334
WEBVAN GROUP INC. COM 94845V101 3891 506100 SH SOLE 506100
WESTERN DIGITAL CORP. COM 958102105 27700 3724400 SH SOLE 3723800
WINSTAR COMMUNICATIONS INC. COM 97551S107 18156 302600 SH SOLE 302600
YAHOO! INC. COM 984332106 223 1300 SH SOLE 1300
MERRILL LYNCH CAP. TR. 7.28% PFD 59021K205 227 10600 SH SOLE 10600
SENTRY TECHNOLOGY CORP. CL A 5 PFD 81731K200 0 23655 SH SOLE 23655
TCI COMMUNICATIONS FIN 8.72% PFD 872285200 325 13300 SH SOLE 13300
JOHN HANCOCK GLOBAL TECH. FUND 478032303 461 4604.479 SH SOLE 4604.479
</TABLE>
