Report for the Calendar Year or Quarter Ended: 03/31/2000
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: L. Roy Papp & Associates
Address: 6225 North 24th Street, Suite 150
Phoenix, AZ 85016
13F File Number: 28-1889
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: L. Roy Papp
Title: Managing Partner
Phone: 602.956.0980
Signature, Place, and Date of Signing:
L. Roy Papp
Phoenix, Arizona
05/15/00
Report Type (check only one):
[xx] 13F HOLDINGS REPORT. (check here if all holdings of this reporting manager
are reported in this report.)
[ ] 13F NOTICE. (check here if no holdings reported are in this report, and
all holdings are reported by other reporting managers.)
[ ] 13F COMBINATION REPORT. (check here if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported by
other reporting managers.)
Report Summary:
Number of Other Included Managers: None
Form 13F Information Table Entry Total: 125
Form 13F Information Table Value Total: $1,129,762 (thousands)
Provide a numbered list of the names and 13F file numbers of all institutional
investment managers with respect to which this report is filed, other than the
manager filing this report.
None
L. ROY PAPP & ASSOCIATES
Form 13F
3/31/2000
Fair
Market Investment DiVoting Authority
Value
Issuer Clas C (000'S)Shares Sole Share Sole Share None
ABBOTT LABS COM 002824-10- 3,246 92,24828,186 64,06220,99 071,256
ADC COM 00088-61-0 199 3,700 4,000 (300) 0 0 3,700
AGILENT COM 00846U-10- 707 6,800 6,800 0 0 0 6,800
ALBERTSON'S COM 013104-10- 7,447241,21482,530 158,6841,48 0199,72
ALLTEL CORP COM 020039-10- 253 3,997 1,334 2,663 0 0 3,997
AMER INTL GROUP COM 026874-10- 7,512 68,60056,868 11,7325,568 063,032
AMER HOME PRODUCTCOM 026609-10- 17,427324,217128,202196,0150,21 0274,00
AMER POWER CONVERCOM 029066-10- 95,6062,229,81,502,4727,42119,1 02,110,
AMERICAN TOWER COM 2991-22-0 741 15,000 0 15,00015,00 0 0
AMGEN COM 031162-10- 370 6,031 831 5,200 1,200 0 4,831
ANHEUSER-BUSCH COM 035229-10- 3,383 54,350 5,400 48,950 0 054,350
ASTRA COM 046298105 211 5,000 0 0 0 5,000
ASTRA ZENECA COM 046353-10- 411 10,153 2,016 8,137 0 010,153
AUTO DATA PROCESSCOM 053015-10- 8,127168,441121,32547,11650,68 0117,76
AVNET COM 05380710 209 3,315 2,030 1,285 2,030 0 1,285
BELL SOUTH COM 079860-10- 220 4,700 0 4,700 0 0 4,700
BERKSHIRE HATHWAYCOM 084670-10- 572 10 0 10 10 0 0
BIOMET COM 090613-10- 373 10,253 1,603 8,650 0 010,253
BMC SOFTWARE COM 055921-10- 5,981121,13498,430 22,7047,800 0 113,33
BOK FINANCIAL COM 05561Q-20- 396 21,381 0 21,38121,38 0 0
BP AMOCO PLC. COM 055622-10- 845 15,878 1,852 14,0264,234 011,644
BRISTOL MYERS SQUCOM 110122-10- 2,369 40,851 8,240 32,6111,527 0 39,324
CABLE & WIRELESS COM 438579-20- 359 13,95710,931 3,026 718 013,239
CINTAS CORP COM 17290810 200 5,100 1500 226 0 4,874
CISCO SYSTEMS COM 17275R-10- 3,957 51,17643,000 8,176 2,254 048,922
CITI GROUP INC COM 172967-10- 181 3,018 750 267 0 2,751
CLOROX COM 189054-10- 26,557804,765327,821476,9491,55 0 713,21
COCA COLA COM 191216-10- 1,451 30,91016,110 14,80010,93 019,972
COLGATE PALMOLIVECOM 194162-10- 412 7,304 0 7,304 0 0 7,304
COMPAQ COMPUTER COM 204493-10- 909 33,668 7,012 26,656 400 033,268
COSTCO WHOLESALE COM 22160q-10- 260 4,950 150 4,800 270 0 4,680
DEL GLOBAL TECH COM 24507310 145 17,00017,000 0 0 0 17,000
DELL COMPUTER COM 24702510 271 5,020 3,300 1,720 400 0 4,620
DISNEY, WALT COM 254687-10- 781 18,925 7,200 11,7251,200 0 17,725
DONNELLEY R. R. COM 257867-10- 331 15,800 0 15,800 0 015,800
DUPONT COM 26353410 380 7,187 0 7,187 208 0 6,979
EMC CORP MASS COM 268648-10- 8,039 63,80056,500 7,300 4,300 059,500
EMERSON ELEC COM 291011-10- 7,054132,77561,385 71,39031,66 0101,11
ERICSSON ADR COM 294821-40- 13,473143,61511,640 131,9736,64 0 106,97
EXPEDITORS INT'L COM 302130-10- 1,125 28,30028,300 0 0 028,300
EXXON MOBIL COM 30229010 5,748 73,75721,500 52,25731,21 042,547
FEDERATED INVESTOCOM 31420510-3 219 8,000 8000 0 0 8,000
FIRST UNION CORP COM 337358-10- 1,290 34,624 0 34,624 0 034,624
G & K SERVICES COM 361268-10- 6,838349,847190,590159,2535,70 0 314,14
GENERAL ELECTRIC COM 369604-10- 38,419246,868164,89481,97421,18 0225,68
GENERAL MILLS COM 370334-10- 322 8,900 0 8,900 0 0 8,900
GLATFELTER COM 377316104 162 15,255 0 15,255 0 015,255
GLAXO WELLCOME COM 37733w105 212 3,700 2,000 1,700 2,000 0 1,700
GRAINGER, W W COM 384802-10- 4,804 88,55657,906 30,65024,45 0 64,106
GTE COM 362320103 460 6,483 3,000 3,483 183 0 6,300
GUIDANT CORP COM 401698-10- 759 12,884 932 11,952 932 0 11,952
H B FULLER COM 359694-10- 323 8,100 8,100 0 0 0 8,100
HCC INSURANCE HOLCOM 404132-10- 149 11,250 0 11,250 0 011,250
HEINZ COM 423074-10- 1,315 37,70418,584 19,1202,537 035,167
HEWLETT PACKARD COM 428236-10- 73,152550,531287,007263,5257,91 0492,62
HILLENBRAND COM 431573-10- 299 8,800 4,000 4,800 4,000 0 4,800
HOME DEPOT INC COM 437076-10- 1,349 20,913 1,350 19,563 426 020,487
HOUGHTON MIFF COM 441560-10- 382 9,000 9,000 0 0 0 9,000
IBM CORP COM 459200-10- 9,685 82,07678,048 4,028 10,73 071,338
ILLINOIS TOOL WORCOM 452308-10- 177 3,200 0 3,200 0 0 3,200
INTEL CORPORATIONCOM 458140-10- 138,0691,046,4624,302422,1785,52 0 960,95
INTERPUBLIC GROUPCOM 460690-10- 81,0271,714,81,164,4550,36164,2 01,550,
INVESTORS FINANCICOM 461915100 177 3,000 3,000 0 0 3,000
JOHNSON & JOHNSONCOM 478160-10- 13,335189,828122,70567,12311,57 0178,25
KIMBERLY CLARK COM 494368103 473 8,437 3,457 4,980 0 0 8,437
LILLY, ELI COM 532457-10- 15,631249,589103,265146,3215,73 0 233,85
LUCENT TECH COM 549463-10- 884 14,434 5,882 8,552 484 0 13,950
MANPOWER INC. COM 56418H-10- 783 22,045 3,200 18,845 0 0 22,045
MARSH & McLENNAN COM 571748-10- 1,869 16,944 1,200 15,744 0 016,944
MATTEL, INC. COM 577081-10- 761 72,49422,175 50,31914,02 058,469
MAY DEPT STORES COM 577778-10- 1,117 39,19111,250 27,941 0 039,191
McCORMICK & CO COM 579780-20- 226 7,015 7,015 0 0 0 7,015
McDONALDS COM 580135-10- 38,0681,018,5648,344370,19120,1 0 898,34
MEDTRONICS COM 585055-10- 11,561224,760207,24017,52016,69 0208,06
MELLON BANK COM 585509-10- 3,812128,138 0 128,13 0 0128,13
MERCK COM 589331-10- 46,912755,124508,534246,5978,66 0676,46
MICROMEM TECH COM 59509p106 214 15,000 0 15,00015,00 0 0
MICROSOFT CORP. COM 594918-10- 79,703750,149491,625258,5280,15 0 669,99
MOLEX CL A608554-20- 25,326570,733405,310165,428,687 0562,04
MOTOROLA COM 620076-10- 29,549202,39367,282 135,1113,12 0189,26
NATIONAL INSTRUMECOM 636518-10- 880 18,75018,750 0 18,75 0 0
NOBLE AFFILIATES COM 654894-10- 328 10,000 0 10,00010,00 0 0
NORTEL NETWORKS COM 656569100 353 2,800 0 2,800 0 0 2,800
NORTHERN TRUST COM 665859-10- 19,263285,112105,264179,845,000 0 280,11
OFFICE DEPOT COM 676220-10- 20,5261,775,11,050,6724,54150,1 01,625,
OKLAHOMA G & E COM 670837-10- 192 10,000 0 10,00010,00 0 0
OMNICOM GROUP COM 681919-10- 6,095 65,10047,730 17,3701,800 063,300
ORACLE SYSTEMS COM 68389X-10- 2,119 27,150 1,800 25,350 0 027,150
PACIFIC CENTURY COM 694058-10- 258 12,70012,700 0 0 012,700
PEPSICO INC. COM 713448-10- 277 7,950 3,450 4,500 2,200 0 5,750
PFIZER COM 717081-10- 8,845241,905153,72588,18039,14 0202,76
PHARMACIA CORP COM 71713u10 51 850 0 0 0 850
PITNEY BOWES COM 724479-10- 6,021134,73025,200 109,5314,99 0119,73
POORE BROTHERS COM 73281310 19 10,000 0 10,000 0 010,000
PROCTER & GAMBLE COM 742718-10- 4,857 85,96836,555 49,41315,06 0 70,903
REGENERON COM 75886f10 443 15,00015,000 0 15,00 0 0
RESMED COM 76115-21-0 357 5,000 5,000 0 0 0 5,000
ROYAL DUTCH COM 780257-80- 704 12,180 4,000 8,180 100 012,080
RPM COM 74968510 153 13,898 0 13,898 0 013,898
SARA LEE COM 803111-10- 2,304128,02622,600 105,422,000 0 126,02
SBC COMMUNICATIONCOM 78387G-10- 1,140 27,061 0 27,0619,841 0 17,220
SCHERING PLOUGH COM 806605-10- 475 12,800 400 12,400 300 0 12,500
SCHLUMBERGER LTD COM 806857-10- 456 5,960 0 5,960 208 0 5,752
SCHWAB, CHARLES COM 808513-10- 2,372 41,750 400 41,35040,00 0 1,750
SCIENTIFIC ATLANTCOM 808655104 335 5,300 0 0 0 5,300
SERVICE CORP COM 817565-10- 577192,25853,810 138,4435,91 0156,34
SIGMA-ALDRICH COM 826552-10- 456 16,950 3,550 13,4002,500 0 14,450
SPRINT CORP COM 852061-10- 3,253 51,42810,822 40,60625,39 026,032
SPRINT PCS COM 69325R-10- 1,684 25,709 5,410 20,29912,64 013,061
STAPLES COM 855030-10- 243 12,150 3,600 8,550 0 012,150
STATE STREET CORPCOM 857477-10- 123,8441,278,3708,737569,64107,8 01,170,
STEINER LEISURE LCOM P8744Y-10- 1,993103,55096,850 6,700 700 0 102,85
STRYKER CORP. COM 863667-10- 837 12,00010,000 2,000 0 012,000
SYSCO CORP. COM 871829-10- 10,048278,132151,008127,1255,51 0222,62
T. ROWE PRICE COM 741477-10- 18,192460,565245,240215,3226,32 0434,24
TARGET CORP COM 239753106 4,025 53,85014,050 11,17 042,677
TECHNE COM 878377-10- 449 6,500 5,300 1,200 2,100 0 4,400
TELLABS, INC COM 879664100 2,356 37,40035,050 536 0 36,864
THOR INDUSTRIES COM 88516-01-0 243 10,000 0 10,00010,00 0 0
U S TRUST COM 9128L-10 1,117 5,900 5,900 0 0 0 5,900
WALGREEN COM 931422-10- 14,302555,422309,872245,55119,9 0435,45
WAL-MART COM 931142-10- 7,886139,580105,33034,25023,63 0115,94
WARNER LAMBERT COM 934488-10- 1,092 11,175 6,000 5,175 0 0 11,175
YOUNG & RUBICAM COM 987425-10- 291 6,200 6,200 0 0 0 6,200
Total 1,129,7619,712,974