PIMCO ADVISORS L P /
13F-HR, 1999-05-14
INVESTMENT ADVICE
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<PAGE>
 
               United States Securities and Exchange Commission
                            Washington, D.C. 20549

                                   FORM 13F
         Report for the Calendar Year or Quarter Ended March 31, 1999

- --------------------------------------------------------------------------------
 
     Check here if Amendment:      [_]     Amendment No.________
     This Amendment                [_]     is a restatement
                                   [_]     adds new holdings entries
- --------------------------------------------------------------------------------
Name of Institutional Investment Manager Filing this Report:
 
     PIMCO Advisors L.P.
- --------------------------------------------------------------------------------
Address:
 
     800 Newport Center Drive, Suite 600, Newport Beach, California 92660
- --------------------------------------------------------------------------------
 
     Form 13-F File No.  28-2701

- --------------------------------------------------------------------------------
 
          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.
 
          Pursuant to the requirements of Securities Exchange Act of 1934, the
     undersigned institutional investment manager has caused this report to be
     signed on its behalf in the City of Newport Beach and the State of
     California on the 14th day of May, 1999. 
                                                             PIMCO Advisors L.P.
- --------------------------------------------------------------------------------
Person Signing this Report on Behalf of Reporting Manager:        (Name of 
                                                                Institutional 
                                                             Investment Manager)
 
Name:   William D. Cvengros
Title:  Chief Executive Officer
Phone:  (949) 717-7022                                  /s/ WILLIAM D. CVENGROS

                                                        ------------------------
                                                              (Signature of 
                                                         Person Duly Authorized 
                                                         to Submit This Report)
- --------------------------------------------------------------------------------
     Report Type:
 
          [X]   13F HOLDINGS REPORT. (Check here if all holdings of this
                Reporting Manager are reported in this Report)
 
          [_]   13F NOTICE. (Check here if no holdings are reported in this
                Report, and all holdings are reported by other Reporting
                Manager(s))
 
          [_]   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 Manager(s))
 
- --------------------------------------------------------------------------------
<PAGE>
 
- --------------------------------------------------------------------------------

     Report Summary:
 
     Number of Other Included Managers:               7
     Form 13-F Information Table Entry Total:         3,205
     Form 13-F Information Table Value Total:         $61,655,958,445.82
- --------------------------------------------------------------------------------

     List of Other Included Managers

     Name and Form 13-F File numbers of all institutional investment managers
with respect to which this Report is filed, other than the manager filing this
Report.

<TABLE>
<CAPTION>
 
No                     13F File No.:       Name:
- --------------------------------------------------------------------------------
<S>                    <C>                 <C>
 
     1.                28-5658             Cadence Capital Management
- --------------------------------------------------------------------------------
 
     2.                28-4974             Columbus Circle Investors
- --------------------------------------------------------------------------------
 
     3.                28-4554             NFJ Investment Group
- --------------------------------------------------------------------------------
 
     4.                28-4976             Pacific Investment Management Company
- --------------------------------------------------------------------------------
 
     5.                28-4558             Parametric Portfolio Associates
- --------------------------------------------------------------------------------
 
     6.                28-204              Oppenheimer Capital
- --------------------------------------------------------------------------------
 
     7.                28-2053             OpCap Advisors
- --------------------------------------------------------------------------------
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 1              Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                  Item 6 Inv.
                                                                  Discretion     Item 7                   Item 8
    Item 1      Item 2   Item 3       Item 4          Item 5      S  S   S      Managers             Voting Authority
   Name of      Title    Cusip         Fair          Shares or    O  H   H      Instr.V                  (Shares)
    Issuer        of     Number       Market         Principal    L  R   R               -------------------------------------------
                Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>             <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
A D C           
TELECOMMUNICATN 
COM             Equity 000886101     2,856,481.25     59,900.0000    X             2      39,600.0000                              
                                                                     X             2                                     20,300.0000
                                     1,932,297.50     40,520.0000    X             5      40,520.0000                               
ACT NETWORKS    Equity 000975102     9,372,825.00    486,900.0000    X             2     341,300.0000
                                                                     X             2                                    145,600.0000
AFLAC INC       Equity 001055102     6,543,387.50    120,200.0000    X             2      79,800.0000
                                                                     X             2                                     40,400.0000
                                     1,575,639.00     28,944.0000    X             5      28,944.0000
                                 1,275,698,010.44 23,434,177.0000    X             6                  20,310,436.0000
                                                                     X             6                                  3,123,741.0000
AG SVCS AMER    
INC COM         Equity 001250109     3,732,093.75    254,100.0000    X             1     254,100.0000
AHL SERVICES    
INC.            Equity 001296102     4,653,500.00    227,000.0000    X             2     107,000.0000                               
                                                                     X             2                                    120,000.0000
AES CORP COM    Equity 00130H105     1,271,119.00     34,124.0000    X             5      34,124.0000
AMR CORP DEL    Equity 001765106    10,768,774.08    183,893.0000    X             5     183,893.0000
                                   832,311,933.12 14,212,977.0000    X             6                  11,440,472.0000
                                                                     X             6                                  2,772,505.0000
AT&T CORP       Equity 001957109    53,817,568.75    674,300.0000    X             1     651,600.0000
                                                                     X             1                                     22,700.0000
                                    65,565,305.11    821,491.6850    X             2     741,846.0292
                                                                     X             2                                     79,645.6558
                                    77,465,773.06    970,597.0000    X             5     970,597.0000
                                    20,613,974.89    258,280.0300    X             6                     214,061.0000
                                                                     X             6                                     44,219.0300
AT&T CORP-      
LIBERTY MEDIA A Equity 001957208       929,843.79     17,681.0000    X             5      17,681.0000                
                                    13,673,400.00    260,000.0000    X             6                     260,000.0000 
ATMI INC COM    Equity 00207R101     4,000,000.00    200,000.0000    X             2     200,000.0000
                                           200.00         10.0000    X             5          10.0000
AVT CORP COM    Equity 002420107    14,293,962.50    598,700.0000    X             1     547,300.0000
                                                                     X             1                                     51,400.0000
                                     6,918,975.00    289,800.0000    X             2     289,800.0000
                                            71.63          3.0000    X             5           3.0000
ABACUS DIRECT   
CORP COM        Equity 002553105     8,036,000.00     98,000.0000    X             2      71,500.0000                              
                                                                     X             2                                     26,500.0000
                                         8,364.00        102.0000    X             5         102.0000                               
ABBOTT LABS COM Equity 002824100    11,378,527.99    243,079.0000    X             5     243,079.0000
ABERCROMBIE &   
FITCH CO CL A   Equity 002896207    49,486,866.75    536,443.0000    X             1     491,943.0000                              
                                                                     X             1                                     44,500.0000
                                            92.25          1.0000    X             2           1.0000                              
                                       255,717.00      2,772.0000    X             5       2,772.0000                               
ABINGTON 
BANCORP INC
NEW COM         Equity 00350P100     3,090,262.50    211,300.0000    X             1     211,300.0000 
- ------------------------------------------------------------------------------------------------------------------------------------
                    Market Value 2,480,250,965.86
</TABLE>

<PAGE>
 
<TABLE>
<CAPTION>
Page: 2              Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2   Item 3       Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title    Cusip         Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer      of      Number       Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>           <C>              <C>
ABOVENET 
COMMUNICATIONS Equity 003743101    10,470,000.00     80,000.0000    X              2      77,700.0000
                                                                    X              2                                     2,300.0000
ACCLAIM ENTMT  
INC COM PAR    
$0.02          Equity 004325205        19,671.44      2,201.0000    X              1       2,201.0000
                                    4,468,750.00    500,000.0000    X              2     160,000.0000
                                                                    X              2                                   340,000.0000
                                       38,011.19      4,253.0000    X              5       4,253.0000
ACNIELSEN CORP 
COM            Equity 004833109    27,657,463.75  1,019,630.0000    X              1     936,230.0000
                                                                    X              1                                    83,400.0000
                                      136,465.88      5,031.0000    X              5       5,031.0000
ACTION         
PERFORMANCE CO Equity 004933107     9,694,225.00    321,800.0000    X              1     281,700.0000
                                                                    X              1                                    40,100.0000
                                   11,230,600.00    372,800.0000    X              2     284,800.0000
                                                                    X              2                                    88,000.0000
                                       55,038.38      1,827.0000    X              5       1,827.0000
ACTEL CORP COM Equity 004934105     5,841,887.50    355,400.0000    X              2     289,600.0000
                                                                    X              2                                    65,800.0000
                                          394.50         24.0000    X              5          24.0000
ACXIOM CORP    
COM            Equity 005125109       279,495.50     10,547.0000    X              5      10,547.0000
ADAPTEC INC    Equity 00651F108        20,711.48        908.0000    X              5         908.0000
                                   66,787,953.72  2,928,012.0000    X              6                   2,836,867.0000
                                                                    X              6                                    91,145.0000
ADAPTEC INC    Equity 00651FAC2   821,250,000.00 10,000,000.0000    X              6                  10,000,000.0000
ADELPHIA       
COMMUNICATION  
CL A           Equity 006848105     1,272,600.00     20,200.0000    X              2      20,200.0000
                                       47,628.00        756.0000    X              5         756.0000
ADOBE SYS INC  
COM            Equity 00724F101       495,541.00      8,732.0000    X              5       8,732.0000
ADVANTAGE      
LEARNING       
SYSTEMS        Equity 00757K100     1,242,500.00     40,000.0000    X              2      40,000.0000
AEROQUIP-      
VICKERS INC    
COM            Equity 007869100     6,900,425.00    120,400.0000    X              3      58,700.0000
                                                                    X              3                      61,700.0000
                                    1,874,978.44     32,715.0000    X              5      32,715.0000
ADVANCED MICRO 
DEVICES COM    Equity 007903107       341,914.50     22,059.0000    X              5      22,059.0000
AEGON N V ORD  
AMER REG       Equity 007924103       318,499.28      3,544.0000    X              5       3,544.0000
ADVANCED       
ENERGY INDS    
COM            Equity 007973100     7,422,187.50    315,000.0000    X              2     274,000.0000
                                                                    X              2                                    41,000.0000
                                        4,052.75        172.0000    X              5         172.0000
AETNA INC COM  Equity 008117103     4,434,607.00     53,429.0000    X              5      53,429.0000
AFFILIATED     
COMPUTER SVCS  
- - A            Equity 008190100       461,892.00     10,096.0000    X              5      10,096.0000
AFFYMETRIX INC 
COM            Equity 00826T108       348,125.00     10,000.0000    X              2      10,000.0000
                                       10,130.44        291.0000    X              5         291.0000
AIR EXPRESS    
INTERNATIONAL  Equity 009104100        49,109.76      3,248.0000    X              5       3,248.0000
                                   23,390,337.60  1,546,980.0000    X              6                   1,306,980.0000
                                                                    X              6                                   240,000.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                   Market Value  1,006,565,196.59
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 3              Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                Item 6 Inv.
                                                                Discretion     Item 7                    Item 8
    Item 1     Item 2   Item 3       Item 4          Item 5     S  S   S      Managers              Voting Authority
   Name of     Title    Cusip         Fair          Shares or   O  H   H      Instr.V                   (Shares)
    Issuer       of     Number       Market         Principal   L  R   R               --------------------------------------------
               Class                 Value           Amount     E  D.V D.Othr              Sole           Shared          None
- ----------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>            <C><C> <C>    <C>      <C>            <C>             <C>
AIR PRODS &                                                     
CHEMS INC COM  Equity 009158106     5,852,708.50    170,882.0000   X             5       170,882.0000
AIRBORNE FGHT                                                   
CORP COM       Equity 009266107     6,076,000.00    196,000.0000   X             3        97,800.0000
                                                                   X             3                        98,200.0000
                                      111,073.00      3,583.0000   X             5         3,583.0000
AIRTOUCH                                                        
COMMUNICATION                                                   
COM            Equity 00949T100     9,669,632.98    100,079.0000   X             5       100,079.0000
ALABAMA NATL                                                    
BANCORPORATION                                                  
COM            Equity 010317105     3,610,725.00    155,300.0000   X             1       155,300.0000
ALASKA AIR                                                      
GROUP INC COM  Equity 011659109     9,438,250.00    198,700.0000   X             2       184,600.0000
                                                                   X             2                                       14,100.0000
                                      191,187.50      4,025.0000   X             5         4,025.0000
ALBANY                                                          
INTERNATIONAL                                                   
CORP CL A      Equity 012348108        47,250.00      2,520.0000   X             5         2,520.0000
                                    9,359,831.25    499,191.0000   X             6                       499,191.0000
ALBANY                                                          
MOLECULAR INC  Equity 012423109     2,150,000.00     86,000.0000   X             2        86,000.0000
ALBERTO CULVER                                                  
CO CL B CONV   Equity 013068101       221,921.52      9,496.0000   X             5         9,496.0000
ALBERTSONS                                                      
INC COM        Equity 013104104    38,519,975.00    707,600.0000   X             1       683,700.0000
                                                                   X             1                                       23,900.0000
                                    9,757,159.75    179,236.0000   X             5       179,236.0000
ALCAN                                                           
ALUMINIUM NEW                                                   
COM            Equity 013716105       364,850.16     14,136.0000   X             5        14,136.0000
ALCOA INC      Equity 013817101     8,676,055.65    210,635.0000   X             5       210,635.0000
                                  244,646,975.25  5,939,475.0000   X             6                     4,510,675.0000
                                                                   X             6                                    1,428,800.0000
ALIANT                                                          
COMMUNICATN                                                     
INC COM        Equity 016090102       456,481.00     11,150.0000   X             5        11,150.0000
ALKERMES INC                                                    
COM            Equity 01642T108       249,255.75      9,147.0000   X             5         9,147.0000
ALLAIRE CORP.  Equity 016714107     4,896,000.00     72,000.0000   X             2        66,000.0000
                                                                   X             2                                        6,000.0000
ALLEGHANY CORP                                                  
DEL COM        Equity 017175100       481,739.40      2,620.0000   X             5         2,620.0000
ALLEGHENY                                                       
ENERGY INC COM Equity 017361106       241,959.00      8,202.0000   X             5         8,202.0000
ALLEGHENY                                                       
TELEDYNE INC   Equity 017415100       390,978.42     20,643.0000   X             5        20,643.0000
                                   15,667,168.00    827,200.0000   X             6                       630,500.0000
                                                                   X             6                                      196,700.0000
ALLEGIANCE                                                      
TELECOM INC    Equity 01747T102    10,462,500.00    418,500.0000   X             2       418,500.0000
ALLERGAN INC                                                    
COM            Equity 018490102    33,262,357.13    378,519.0000   X             1       347,119.0000
                                                                   X             1                                       31,400.0000
                                    6,010,650.00     68,400.0000   X             2        45,500.0000
                                                                   X             2                                       22,900.0000
                                      805,286.50      9,164.0000   X             5         9,164.0000
ALLIANCE CAP                                                    
MGMT LP UT L   Equity 018548107    26,552,812.50  1,049,000.0000   X             1     1,013,800.0000
                                                                   X             1                                       35,200.0000
ALLIEDSIGNAL                                                    
INC            Equity 019512102    40,176,350.00    816,800.0000   X             1       789,400.0000
                                                                   X             1                                       27,400.0000
                                    7,747,375.56    157,507.0000   X             5       157,507.0000
                                  813,073,900.25 16,530,092.0000   X             6                    13,306,352.0000
- -----------------------------------------------------------------------------------------------------------------------------------
                  Market Value  1,309,168,409.07
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 4              Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4         Item 5       S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair         Shares or     O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market        Principal     L  R   R               --------------------------------------------
               Class                  Value         Amount       E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
ALLIED WASTE    
INDS INC COM 
PAR$.0         Equity 019589308   3,638,250.00   252,000.0000       X             1     220,300.0000                 3,223,740.0000
                                                                    X             1                                     31,700.0000
                                    186,893.44    12,945.0000       X             5      12,945.0000
ALLMERICA FINL 
CORP COM       Equity 019754100  33,825,554.50   614,312.0000       X             1     562,112.0000
                                                                    X             1                                     52,200.0000
                                  1,558,929.50    28,312.0000       X             5      28,312.0000
ALLSTATE CORP  
COM            Equity 020002101  17,578,632.74   474,329.0000       X             5     474,329.0000
ALLTEL CORP    
COM            Equity 020039103  33,776,062.50   541,500.0000       X             1     523,300.0000
                                                                    X             1                                     18,200.0000
                                 15,599,987.50   250,100.0000       X             2     250,100.0000
                                  3,113,073.88    49,909.0000       X             5      49,909.0000
ALTERA CORP    
COM            Equity 021441100     357,000.00     6,000.0000       X             2       6,000.0000
                                    579,827.50     9,745.0000       X             5       9,745.0000
ALTERNATIVE    
LIVING SVCS    
INC COM        Equity 02145K107   8,414,000.00   420,700.0000       X             1     368,200.0000
                                                                    X             1                                    52,500.0000
ALZA CORP DEL  
COM            Equity 022615108     496,140.75    12,971.0000       X             5      12,971.0000
AMAZON COM INC 
COM            Equity 023135106  32,509,000.00   188,800.0000       X             2     157,500.0000
                                                                    X             2                                    31,300.0000
                                    580,616.25     3,372.0000       X             5       3,372.0000
AMBAC FINL     
GROUP INC COM  Equity 023139108  31,623,048.00   585,612.0000       X             1     531,512.0000
                                                                    X             1                                    54,100.0000
                                  3,009,852.00    55,738.0000       X             5      55,738.0000
AMERADA HESS   
CORP COM       Equity 023551104     283,803.73     5,579.0000       X             5       5,579.0000
AMEREN CORP    
COM            Equity 023608102     757,854.79    20,941.0000       X             5      20,941.0000
AMERICA ONLINE 
INC DEL COM    Equity 02364J104  52,170,300.00   354,900.0000       X             1     342,900.0000
                                                                    X             1                                    12,000.0000
                                116,335,212.00   791,396.0000       X             2     679,596.0000
                                                                    X             2                                   111,800.0000
                                 18,562,425.00   126,275.0000       X             5     126,275.0000
AMERICA WEST   
HLDG CORP CL B Equity 023657208  12,545,031.25   658,100.0000       X             2     469,800.0000
                                                                    X             2                                   188,300.0000
                                     77,870.31     4,085.0000       X             5       4,085.0000
AMERICAN       
CLASSIC        
VOYAGER CO     Equity 024928103   1,625,000.00   100,000.0000       X             2     100,000.0000
                                        211.25        13.0000       X             5          13.0000
AMERICAN ELEC  
PWR INC COM    Equity 025537101       2,301.88        58.0000       X             2          58.0000
                                  1,030,446.25    25,964.0000       X             5      25,964.0000
AMERN EAGLE    
OUTFITTERS COM Equity 02553D108  13,835,687.50   193,000.0000       X             1     168,950.0000
                                                                    X             1                                    24,050.0000
                                    119,431.38     1,666.0000       X             5       1,666.0000
AMERICAN       
EXPRESS CO     Equity 025816109  54,236,042.11   460,603.3300       X             1     445,003.3300
- -----------------------------------------------------------------------------------------------------------------------------------
                  Market Value  458,428,485.99
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 5              Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2   Item 3       Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title    Cusip         Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of     Number       Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>            <C>            <C>
                                                                    X             1                                      15,600.0000
                                     23,667.75        201.0000      X             2           201.0000                
                                  9,394,566.00     79,784.0000      X             5        79,784.0000                
                                 14,100,562.50    119,750.0000      X             6                       75,450.0000 
                                                                    X             6                                      44,300.0000
AMERICAN                                                                                                              
FREIGHTWAYS                                                                                                           
COM            Equity 02629V108   3,141,500.00    244,000.0000      X             1       213,500.0000                
                                                                    X             1                                      30,500.0000
                                     10,351.50        804.0000      X             5           804.0000                
AMERICAN                                                                                                              
GENERAL CORP                                                                                                          
COM            Equity 026351106       5,781.00         82.0000      X             2            82.0000                
                                  8,312,302.50    117,905.0000      X             5       117,905.0000                
AMERICAN                                                                                                              
GREETINGS CP                                                                                                          
CL A           Equity 026375105  21,539,568.75    848,850.0000      X             3       537,747.0000                
                                                                    X             3                      311,103.0000 
                                    315,969.50     12,452.0000      X             5        12,452.0000                
AMERICAN                                                                                                              
HEALTH PPTYS                                                                                                          
COM            Equity 026494104   6,974,906.25    383,500.0000      X             3       188,600.0000                
                                                                    X             3                      194,900.0000 
                                     44,741.25      2,460.0000      X             5         2,460.0000                
AMERICAN HOME                                                                                                         
PRODUCTS CORP  Equity 026609107  40,239,675.00    616,700.0000      X             1       595,600.0000                
                                                                    X             1                                      21,100.0000
                                 17,989,425.00    275,700.0000      X             3       231,100.0000                
                                                                    X             3                       44,600.0000 
                                  9,995,712.75    153,191.0000      X             5       153,191.0000                
                                527,289,491.25  8,081,065.0000      X             6                    6,646,255.0000 
                                                                    X             6                                   1,434,810.0000
AMERICAN                                                                                                              
HOMEPATIENT                                                                                                           
COM            Equity 026649103      18,995.00     14,500.0000      X             5        14,500.0000                
AMERICAN                                                                                                              
INTERNATIONAL                                                                                                         
GROUP INC      Equity 026874107      39,565.00        328.0000      X             2           328.0000                
                                 57,612,188.75    477,614.0000      X             5       477,614.0000                
                                428,181,838.75  3,549,694.0000      X             6     2,714,538.0000                
                                                                    X             6                                     835,156.0000
AMERICAN                                                                                                              
ITALIAN PASTA                                                                                                         
CO CL A        Equity 027070101   9,500,000.00    380,000.0000      X             2       380,000.0000                
                                     39,450.00      1,578.0000      X             5         1,578.0000                
AMERICAN MGMT                                                                                                         
SYS INC COM    Equity 027352103     227,955.72      6,681.0000      X             5         6,681.0000                
AMERICAN                                                                                                              
MEDICAL                                                                                                               
SECURITY GR                                                                                                           
INC            Equity 02744P101      12,544.00        896.0000      X             5           896.0000                
                                 16,102,030.00  1,150,145.0000      X             6                    1,129,345.0000 
                                                                    X             6                                     20,800.0000
AMERN PWR                                                                                                             
CONVERSION COM Equity 029066107   4,749,300.00    175,900.0000      X             2       124,000.0000                
                                                                    X             2                                     51,900.0000
                                    258,525.00      9,575.0000      X             5         9,575.0000
AMERICAN TOWER                                                                 
CORP CL A      Equity 029912201     344,543.50     14,063.0000      X             5        14,063.0000
AMERICAN                                                                       
STORES CO NEW                                                                  
COM            Equity 030096101  13,160,400.00    398,800.0000      X             2       398,800.0000
                                    912,780.00     27,660.0000      X             5        27,660.0000
AMERICREDIT                                                                    
CORP COM       Equity 03060R101     440,530.24     33,577.0000      X             5        33,577.0000
- -----------------------------------------------------------------------------------------------------------------------------------
                Market Value  1,190,978,866.96
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 6              Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2   Item 3       Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title    Cusip         Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of     Number       Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared           None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>        <C>              <C>            <C><C> <C>    <C>      <C>            <C>              <C>
AMERISOURCE 
HEALTH CORP    Equity 03071P102       261,006.46      7,634.0000    X              5        7,634.0000
                                   17,067,648.00    499,200.0000    X              6                     499,200.0000
AMERUS LIFE                                                                           
HLDGS INC      Equity 030732101     7,277,496.00    303,229.0000    X              3      143,829.0000
                                                                    X              3                     159,400.0000
AMES DEPT                                                                             
STORES INC COM                                                                        
NEW            Equity 030789507    16,249,612.50    437,700.0000    X              1      383,000.0000
                                                                    X              1                                     54,700.0000
                                       29,477.25        794.0000    X              5          794.0000
AMERITECH CORP                                                                        
NEW COM        Equity 030954101    29,388,750.00    510,000.0000    X              1      491,600.0000
                                                                    X              1                                     18,400.0000
                                       19,592.50        340.0000    X              2          340.0000
                                   35,471,414.50    615,556.0000    X              5      615,556.0000
AMGEN INC COM  Equity 031162100    24,858,500.00    332,000.0000    X              2      332,000.0000
                                    8,085,376.88    107,985.0000    X              5      107,985.0000
AMP INC COM    Equity 031897101     1,169,884.50     21,867.0000    X              5       21,867.0000
AMSOUTH BAN-                                                                          
CORPORATION                                                                           
COM            Equity 032165102       425,925.50      9,361.0000    X              5        9,361.0000
ANACOMP INC                                                                           
DEL COM        Equity 032371106       281,130.30     17,505.0000    X              5       17,505.0000
ANADARKO                                                                              
PETROLEUM CORP Equity 032511107       251,679.25      6,667.0000    X              5        6,667.0000
                                  149,661,838.00  3,964,552.0000    X              6                   3,029,852.0000
                                                                    X              6                                    934,700.0000
ANALOG DEVICES                                                                        
INC COM        Equity 032654105     1,660,139.25     55,803.0000    X              5       55,803.0000
ANDOVER                                                                               
BANCORP INC D  Equity 034258103     2,034,375.00     75,000.0000    X              3                      75,000.0000
ANDRX CORP.    Equity 034551101     6,205,612.50     68,100.0000    X              1       59,400.0000
                                                                    X              1                                      8,700.0000
                                      874,800.00      9,600.0000    X              2                                      9,600.0000
ANHEUSER BUSCH                                                                        
COMPANIES INC  Equity 035229103    53,059,125.00    697,000.0000    X              1      687,500.0000
                                                                    X              1                                      9,500.0000
                                   86,302,912.50  1,133,700.0000    X              2    1,009,700.0000
                                                                    X              2                                    124,000.0000
                                   31,489,106.25    413,650.0000    X              3      262,350.0000
                                                                    X              3                     151,300.0000
                                    3,871,489.13     50,857.0000    X              5       50,857.0000
                                   55,111,683.38    723,963.0000    X              6                     636,063.0000
                                                                    X              6                                     87,900.0000
ANNTAYLOR                                                                             
STORES CORP                                                                           
COM            Equity 036115103     1,988,437.50     45,000.0000    X              1       39,300.0000
                                                                    X              1                                      5,700.0000
                                   17,617,556.25    398,700.0000    X              2      377,600.0000
                                                                    X              2                                     21,100.0000
                                      118,599.25      2,684.0000    X              5        2,684.0000
ANSYS INC COM  Equity 03662Q105     2,450,250.00    356,400.0000    X              1      356,400.0000
ANTEC CORP COM Equity 03664P105    11,483,150.00    534,100.0000    X              2      454,600.0000
                                                                    X              2                                     79,500.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                     Market Value 564,766,567.64
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 7              Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4         Item 5       S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair         Shares or     O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market        Principal     L  R   R               --------------------------------------------
               Class                  Value         Amount       E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>            <C>               <C><C> <C>    <C>      <C>          <C>             <C>
                                     32,852.00      1,528.0000      X             5       1,528.0000
AON CORP COM   Equity 037389103   4,046,608.50     63,978.0000      X             5      63,978.0000
APPLE COMPUTER                                                                       
INC COM        Equity 037833100  14,502,721.88    403,554.0000      X             1     370,554.0000
                                                                    X             1                                     33,000.0000
                                 18,874,375.00    525,200.0000      X             3     444,900.0000
                                                                    X             3                     80,300.0000
                                  6,182,867.19    172,045.0000      X             5     172,045.0000
APPLIED                                                                              
INDUSTRIAL                                                                           
TECH INC       Equity 03820C105      10,341.60        930.0000      X             5         930.0000
                                  1,635,752.00    147,100.0000      X             6                    123,300.0000
                                                                    X             6                                     23,800.0000
APPLIED MATLS                                                                        
INC COM        Equity 038222105     493,500.00      8,000.0000      X             2       8,000.0000
                                  2,655,955.31     43,055.0000      X             5      43,055.0000
APPLIED PWR                                                                          
INC CL A       Equity 038225108   7,937,925.00    291,300.0000      X             1     256,900.0000
                                                                    X             1                                     34,400.0000
                                    153,717.25      5,641.0000      X             5       5,641.0000
APPLIED MICRO                                                                        
CIRCUITS COM   Equity 03822W109   8,832,150.00    206,600.0000      X             2     206,600.0000
                                      2,607.75         61.0000      X             5          61.0000
AQUILA GAS                                                                           
PIPELINE CP                                                                          
COM            Equity 03839B106     116,558.25     16,077.0000      X             5      16,077.0000
ARCHER DANIELS                                                                       
MIDLAND CO     Equity 039483102     899,086.76     61,204.0000      X             5      61,204.0000
                                    229,164.00     15,600.0000      X             6                     15,600.0000
ARCHSTONE                                                                            
COMMUNITIES                                                                          
TRUST          Equity 039581103      38,731.00      1,925.0000      X             5       1,925.0000
                                  9,899,120.48    492,004.0000      X             6                    384,379.0000
                                                                    X             6                                    107,625.0000
ARDENT                                                                               
SOFTWARE INC.  Equity 039794102   3,736,137.50    232,600.0000      X             1     232,600.0000
                                  9,965,175.00    620,400.0000      X             2     607,400.0000
                                                                    X             2                                     13,000.0000
ARMCO INC COM  Equity 042170100      92,356.44     20,801.0000      X             5      20,801.0000
ARMOR HOLDINGS Equity 042260109   3,148,125.00    230,000.0000      X             2     230,000.0000
ARMSTRONG                                                                            
WORLD                                                                                
INDUSTRIES INC Equity 042476101  11,014,453.13    243,750.0000      X             3      99,492.0000
                                                                    X             3                    144,258.0000
                                    405,648.19      8,977.0000      X             5       8,977.0000
                                 20,894,700.00    462,400.0000      X             6                    409,500.0000
                                                                    X             6                                     52,900.0000
ARROW                                                                                
ELECTRONICS                                                                          
INC            Equity 042735100     932,280.00     62,152.0000      X             5      62,152.0000
                                165,871,485.00 11,058,099.0000      X             6                  9,826,359.0000
                                                                    X             6                                  1,231,740.0000
ARROW INTL INC                                                                       
COM            Equity 042764100   6,018,093.75    279,100.0000      X             3     143,800.0000
                                                                    X             3                    135,300.0000
                                     28,031.25      1,300.0000      X             5       1,300.0000
ARTESYN                                                                              
TECHNOLOGIES                                                                         
INC            Equity 043127109         519.54         42.0000      X             5          42.0000
                                  2,910,289.90    235,270.0000      X             6                    235,270.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                  Market Value  301,561,328.66
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 8              Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2 Item 3         Item 4           Item 5     S  S   S      Managers              Voting Authority
   Name of     Title  Cusip           Fair           Shares or   O  H   H      Instr.V                   (Shares)
    Issuer       of   Number         Market          Principal   L  R   R               --------------------------------------------
               Class                  Value           Amount     E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
ARVIN 
INDUSTRIES INC Equity 043339100   8,199,537.50   243,400.0000       X             1     212,300.0000
                                                                    X             1                                      31,100.0000
                                     61,176.50     1,816.0000       X             5       1,816.0000
ASCEND 
COMMUNICATIONS 
COM            Equity 043491109  35,198,962.50   420,600.0000       X             1     406,500.0000
                                                                    X             1                                      14,100.0000
                                 42,881,475.00   512,400.0000       X             2     440,100.0000
                                                                    X             2                                      72,300.0000
                                  3,055,598.00    36,512.0000       X             5      36,512.0000
ASHLAND INC 
COM            Equity 044204105   3,824,410.10    93,415.0000       X             5      93,415.0000
ASSOCIATED 
BANC CORP COM  Equity 045487105   8,709,651.67   272,709.2500       X             1     238,328.0000
                                                                    X             1                                      34,381.2500
                                    252,178.50     7,896.0000       X             5       7,896.0000
ASSOCIATED 
ESTATE RLTY 
COM            Equity 045604105     123,192.00    11,800.0000       X             5      11,800.0000
ASSOCIATED 
GROUP INC CL A Equity 045651106     272,381.76     5,496.0000       X             5       5,496.0000
AT HOME 
CORPORATION    Equity 045919107     266,647.50     1,693.0000       X             5       1,693.0000
ASSOCIATES 
FIRST CAP CL A Equity 046008108  47,746,096.02 1,061,024.3560       X             1   1,025,360.3080
                                                                    X             1                                      35,664.0480
                                 35,549,640.00   789,992.0000       X             2     678,292.0000
                                                                    X             2                                     111,700.0000
                                  4,779,945.00   106,221.0000       X             5     106,221.0000
ASTEC INDS INC 
COM            Equity 046224101  16,515,037.50   534,900.0000       X             1     490,600.0000
                                                                    X             1                                      44,300.0000
                                  3,859,375.00   125,000.0000       X             2     118,800.0000
                                                                    X             2                                       6,200.0000
                                     58,724.25     1,902.0000       X             5       1,902.0000
ASYST 
TECHNOLOGIES   Equity 04648X107   3,998,500.00   290,800.0000       X             2     272,600.0000
                                                                    X             2                                      18,200.0000
ATLANTIC COAST 
AIR HLD COM    Equity 048396105  18,500,625.00   657,800.0000       X             2     495,600.0000
                                                                    X             2                                     162,200.0000
                                     23,540.63       837.0000       X             5         837.0000
ATLANTIC 
RICHFIELD CO 
COM            Equity 048825103   7,938,303.75   108,558.0000       X             2     108,558.0000
                                 14,504,343.75   198,350.0000       X             3      74,361.0000
                                                                    X             3                  123,989.0000
                                  7,280,763.75    99,566.0000       X             5      99,566.0000
ATLAS AIR INC 
COM            Equity 049164106  14,361,590.63   498,450.0000       X             2     498,450.0000
                                     17,950.19       623.0000       X             5         623.0000
AUSPEX SYSTEMS 
INC            Equity 052116100  10,051,593.75   940,500.0000       X             2     504,100.0000
                                                                    X             2                                     436,400.0000
AUTODESK INC 
COM            Equity 052769106   5,661,250.00   140,000.0000       X             3      73,900.0000
                                                                    X             3                   66,100.0000
                                    307,769.81     7,611.0000       X             5       7,611.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                  Market Value  294,000,260.05
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 9              Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
AUTOMATIC DATA 
PROCESS COM    Equity 053015103    2,835,872.13     68,549.0000     X             5      68,549.0000
AUTOZONE INC 
COM            Equity 053332102      420,745.98     13,854.0000     X             5      13,854.0000
AVERY DENNISON 
CORP           Equity 053611109    1,412,200.00     24,560.0000     X             5      24,560.0000
                                 189,123,250.00  3,289,100.0000     X             6                   3,162,100.0000
                                                                    X             6                                     127,000.0000
AVIATION SALES 
COMPANY        Equity 053672101    9,727,700.00    218,600.0000     X             2     165,300.0000
                                                                    X             2                                      53,300.0000
AVIS RENT A 
CAR INC COM    Equity 053790101    4,928,375.00    178,000.0000     X             1     154,900.0000
                                                                    X             1                                      23,100.0000
                                   5,839,293.75    210,900.0000     X             2     210,900.0000
                                      38,762.50      1,400.0000     X             5       1,400.0000
AVISTA CORP 
COM            Equity 05379B107    6,376,500.00    392,400.0000     X             3     211,900.0000
                                                                    X             3                     180,500.0000
                                      76,911.25      4,733.0000     X             5       4,733.0000
AVNET INC      Equity 053807103       62,181.00      1,692.0000     X             5       1,692.0000
                                 100,232,795.25  2,727,423.0000     X             6                   2,483,258.0000
                                                                    X             6                                     244,165.0000
AVON PRODUCTS  Equity 054303102    2,833,953.20     60,220.0000     X             5      60,220.0000
                                 787,762,187.68 16,739,528.0000     X             6                  13,828,958.0000
                                                                    X             6                                   2,910,570.0000
AXENT 
TECHNOLOGIES   Equity 05459C108   17,758,125.00    738,000.0000     X             2     448,700.0000
                                                                    X             2                                     289,300.0000
BB&T CORP COM  Equity 054937107   26,328,903.19    727,569.0000     X             1     665,369.0000
                                                                    X             1                                      62,200.0000
                                     980,681.25     27,100.0000     X             5      27,100.0000
BA MERCHANT 
SVCS INC CL A  Equity 055239107      340,179.00     16,700.0000     X             5      16,700.0000
BCE INC COM    Equity 05534B109      652,331.82     14,722.0000     X             5      14,722.0000
BEC ENERGY     Equity 05538M101   24,241,806.75    659,641.0000     X             1     603,141.0000
                                                                    X             1                                      56,500.0000
                                   4,139,373.00    112,636.0000     X             5     112,636.0000
BISYS GROUP 
INC COM        Equity 055472104      269,887.50      4,798.0000     X             5       4,798.0000
BJ SERVICES CO 
COM            Equity 055482103      218,457.00      9,396.0000     X             5       9,396.0000
BJS WHOLESALE 
CLUB INC COM   Equity 05548J106      328,454.04     12,484.0000     X             5      12,484.0000
BP AMOCO PLC 
SPONS ADR      Equity 055622104   10,751,652.00    106,452.0000     X             2     106,452.0000
BMC SOFTWARE 
INC COM        Equity 055921100   30,973,131.25    835,700.0000     X             1     807,300.0000
                                                                    X             1                                      28,400.0000
                                   1,383,506.06     37,329.0000     X             5      37,329.0000
BAKER HUGHES 
INC            Equity 057224107      705,403.27     29,017.0000     X             5      29,017.0000
                                  10,143,347.50    417,250.0000     X             6                     183,250.0000
                                                                    X             6                                     234,000.0000
BALDOR 
ELECTRIC CO    Equity 057741100      124,059.92      6,166.0000     X             5       6,166.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                 Market Value  1,241,010,026.29
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 10             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
                                   8,406,940.80    417,840.0000     X             6                     417,840.0000
BALDWIN 
TECHNOLOGY CO 
INC            Equity 058264102    2,728,087.50    948,900.0000     X             6                     948,900.0000
BALL CORP COM  Equity 058498106      328,204.48      6,992.0000     X             5       6,992.0000
BALTIMORE GAS 
& ELEC COM     Equity 059165100   12,171,118.75    479,650.0000     X             3     192,042.0000
                                                                    X             3                     287,608.0000
                                   2,769,960.38    109,161.0000     X             5     109,161.0000
BANCTEC INC.   Equity 059784108    5,478,964.00    444,992.0000     X             6                     444,992.0000
BANK MONTREAL 
QUE COM        Equity 063671101      269,675.00      6,700.0000     X             5       6,700.0000
BANK NEW YORK 
INC COM        Equity 064057102   40,918,437.50  1,138,600.0000     X             1   1,100,100.0000
                                                                    X             1                                      38,500.0000
                                  14,135,620.31    393,339.0000     X             5     393,339.0000
BANK ONE CORP 
COM            Equity 06423A103   39,580,576.88    718,830.0000     X             1     694,530.0000
                                                                    X             1                                      24,300.0000
                                   7,434,208.38    135,014.0000     X             2     135,014.0000
                                  34,508,384.56    626,713.0000     X             5     626,713.0000
BANK UTD CORP 
CL A           Equity 065412108   28,614,216.75    700,042.0000     X             1     641,342.0000
                                                                    X             1                                      58,700.0000
                                       9,646.50        236.0000     X             5         236.0000
BANKATLANTIC 
BANCORP        Equity 065908501    5,922,033.38    838,518.0000     X             3     480,268.0000
                                                                    X             3                     358,250.0000
BANKAMERICA 
CORP           Equity 06605F102   47,862,991.90    677,706.0800     X             1     654,962.0800
                                                                    X             1                                      22,744.0000
                                  20,550,180.00    290,976.0000     X             2     249,976.0000
                                                                    X             2                                      41,000.0000
                                  60,280,415.00    853,528.0000     X             5     853,528.0000
                                   1,193,633.13     16,901.0000     X             6                         493.0000
                                                                    X             6                                      16,408.0000
BANKBOSTON 
CORPORATION    Equity 06605R106    9,570,124.08    220,968.0000     X             5    220,968.0000
                               1,087,235,140.29 25,103,559.0000     X             6                  21,515,974.0000
                                                                    X             6                                   3,587,585.0000
BANKERS TRUST 
N Y CORP COM   Equity 066365107   12,434,425.00    140,900.0000     X             3     56,308.0000
                                                                    X             3                      84,592.0000
                                     891,325.00     10,100.0000     X             5     10,100.0000
BANTA CORP      Equity 066821109   5,975,500.00    314,500.0000     X             3    176,800.0000
                                                                    X             3                     137,700.0000
                                      75,810.00      3,990.0000     X             5      3,990.0000
BARD C R INC 
COM            Equity 067383109   27,192,672.00    539,136.0000     X             1    494,836.0000
                                                                    X             1                                      44,300.0000
                                   7,873,293.75    156,100.0000     X             2    109,900.0000
                                                                    X             2                                      46,200.0000
                                     304,995.56      6,047.0000     X             5      6,047.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                 Market Value  1,484,716,580.86
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 11             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
BARNES GROUP   Equity 067806109    3,558,750.00     189,800.0000    X             1     166,000.0000
                                                                    X             1                                      23,800.0000
                                   6,840,000.00     364,800.0000    X             3     182,900.0000
                                                                    X             3                     181,900.0000
BARRICK GOLD 
CORP COM       Equity 067901108      647,256.40      37,940.0000    X             5      37,940.0000
BARRETT RES 
CORP COM PAR
$0.01          Equity 068480201    2,506,250.00     100,000.0000    X             2     100,000.0000
                                      62,957.00       2,512.0000    X             5       2,512.0000
BASIN 
EXPLORATION 
INC            Equity 070107107    5,242,627.13     377,847.0000    X             6                     377,847.0000
BATTLE MTN 
GOLD CO COM    Equity 071593107       57,681.25      20,975.0000    X             5      20,975.0000
BAUSCH & LOMB 
INC COM        Equity 071707103   13,097,500.00     201,500.0000    X             1     185,200.0000
                                                                    X             1                                      16,300.0000
                                  17,355,000.00     267,000.0000    X             2     251,700.0000
                                                                    X             2                                      15,300.0000
                                   2,943,265.00      45,281.0000    X             5      45,281.0000
BAXTER INTL 
INC COM        Equity 071813109    7,372,002.00     111,697.0000    X             2     111,697.0000
                                   1,769,724.00      26,814.0000    X             5      26,814.0000
BEAR STEARNS 
COS INC COM    Equity 073902108    4,346,996.30      97,270.0000    X             5      97,270.0000
BEAZER HOMES 
USA INC COM    Equity 07556Q105    3,288,600.00     156,600.0000    X             1     156,600.0000
BEBE STORES 
INC.           Equity 075571109    8,200,000.00     200,000.0000    X             2     166,200.0000
                                                                    X             2                                      33,800.0000
BECTON 
DICKINSON & CO Equity 075887109    1,413,524.07      36,897.0000    X             5      36,897.0000
                                 818,270,147.49  21,359,179.0000    X             6                  17,710,314.0000
                                                                    X             6                                   3,648,865.0000
BED BATH & 
BEYOND INC COM Equity 075896100   32,053,351.00     878,174.0000    X             1     808,674.0000
                                                                    X             1                                      69,500.0000
                                  10,690,850.00     292,900.0000    X             2     209,300.0000
                                                                    X             2                                      83,600.0000
                                     674,994.50      18,493.0000    X             5      18,493.0000
BELL ATLANTIC 
CORP COM       Equity 077853109       24,913.38         482.0000    X             2         482.0000
                                  46,285,846.13     895,494.0000    X             3     635,179.0000
                                                                    X             3                     260,315.0000
                                  35,419,066.13     685,254.0000    X             5     685,254.0000
BELLSOUTH CORP 
COM            Equity 079860102   37,841,397.08     944,618.0000    X             5     944,618.0000
BERGEN BRUNSWIG 
CORP CL A      Equity 083739102    1,659,640.00      82,982.0000    X             5      82,982.0000
BERINGER WINE 
ESTATES - B    Equity 084102102    4,663,275.00     128,200.0000    X             2      98,000.0000
                                                                    X             2                                      30,200.0000
                                     116,400.00       3,200.0000    X             5       3,200.0000
BERKSHIRE 
HATHAWAY INC 
CL B           Equity 084670207      684,141.00         291.0000    X             5         291.0000
                                  88,780,813.00      37,763.0000    X             6                      36,709.0000
                                                                    X             6                                       1,054.0000
BEST BUY INC 
COM            Equity 086516101   42,984,344.00     826,622.0000    X             1     758,222.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                 Market Value  1,198,851,311.84
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 12             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
                                                                    X             1                                      68,400.0000
                                   1,264,120.00     24,310.0000     X             5      24,310.0000
BESTFOODS COM  Equity 08658U101    2,593,319.00     55,177.0000     X             5      55,177.0000
BETHLEHEM STL 
CORP COM       Equity 087509105      193,685.25     23,477.0000     X             5      23,477.0000
BEVERLY 
ENTERPRISE 
INC COM        Equity 087851309      414,484.48     80,954.0000     X             5      80,954.0000
BINDLEY WESTN 
INDS INC COM   Equity 090324104   13,518,631.25    473,300.0000     X             2     473,300.0000
                                      36,160.13      1,266.0000     X             5       1,266.0000
BIO TECHNOLOGY 
GEN CP COM     Equity 090578105       97,681.14     16,362.0000     X             5      16,362.0000
BIOGEN INC COM Equity 090597105   49,302,981.25    431,300.0000     X             1     416,700.0000
                                                                    X             1                                      14,600.0000
                                   8,093,325.00     70,800.0000     X             2      50,800.0000
                                                                    X             2                                      20,000.0000
                                   3,035,911.38     26,558.0000     X             5      26,558.0000
BIOMATRIX INC 
COM            Equity 09060P102   24,702,600.00    316,700.0000     X             2     284,200.0000
                                                                    X             2                                      32,500.0000
                                     139,776.00      1,792.0000     X             5       1,792.0000
BIOMET INC 
COM            Equity 090613100    3,497,587.50     83,400.0000     X             2      57,500.0000
                                                                    X             2                                      25,900.0000
                                   1,075,487.19     25,645.0000     X             5      25,645.0000
BLACK & DECKER 
CORP COM       Equity 091797100        1,663.13         30.0000     X             2          30.0000
                                     693,356.81     12,507.0000     X             5      12,507.0000
Blackrock 
Target Term
Trust          Equity 092476100      968,800.00    100,000.0000     X             4     100,000.0000
Blackrock 
Strategic Term
Trust          Equity 09247P108      590,788.40     64,300.0000     X             4      64,300.0000
Blackrock 1999 
Term Trust     Equity 09247T100      439,259.60     44,200.0000     X             4      44,200.0000
E W BLANCH 
HOLDINGS INC   Equity 093210102    9,024,750.00    171,900.0000     X             1     150,100.0000
                                                                    X             1                                      21,800.0000
                                     167,265.00      3,186.0000     X             5       3,186.0000
                                   6,309,187.50    120,175.0000     X             6                      120,175.0000
BLOCK (H&R)    Equity 093671105      607,899.21     12,833.0000     X             5      12,833.0000
                                  36,029,622.00    760,600.0000     X             6                      760,000.0000
                                                                    X             6                                         600.0000
BOB EVANS 
FARMS INC COM  Equity 096761101    8,100,000.00    405,000.0000     X             1     353,200.0000
                                                                    X             1                                      51,800.0000
                                     168,780.00      8,439.0000     X             5       8,439.0000
BOEING CO      Equity 097023105        2,210.00         65.0000     X             2          65.0000
                                   3,098,726.00     91,139.0000     X             5      91,139.0000
                               1,172,896,096.00 34,496,944.0000     X             6                   30,195,775.0000
                                                                    X             6                                   4,301,169.0000
BORG WARNER 
AUTOMOTIVE INC Equity 099724106    6,846,750.00    143,200.0000     X             3      75,800.0000
                                                                    X             3                       67,400.0000
                                     221,563.13      4,634.0000     X             5       4,634.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                 Market Value  1,354,132,466.33
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 13             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
                                   11,540,216.25    241,364.0000    X             6                      241,364.0000
BOSTON 
SCIENTIFIC 
CORP COM       Equity 101137107    20,686,250.00    509,200.0000    X             2     434,300.0000
                                                                    X             2                                      74,900.0000
                                    1,606,718.75    39,550.0000     X             5      39,550.0000
BOWNE & CO INC 
COM            Equity 103043105     4,429,562.50   379,000.0000     X             3     215,600.0000
                                                                    X             3                      163,400.0000
                                       42,811.31     3,663.0000     X             5       3,663.0000
BOYDS COLLECT  Equity 103354106     4,680,000.00   260,000.0000     X             6                      260,000.0000
BRIGGS & 
STRATTON CORP 
COM            Equity 109043109     4,403,606.25    89,300.0000     X             1      77,700.0000
                                                                    X             1                                      11,600.0000
                                      284,681.06     5,773.0000     X             5       5,773.0000
BRINKER INTL 
INC COM        Equity 109641100       232,655.86     8,969.0000     X             5       8,969.0000
BRISTOL MYERS 
SQUIBB COM     Equity 110122108    34,710,862.50   541,300.0000     X             1     522,900.0000
                                                                    X             1                                      18,400.0000
                                       39,885.75       622.0000     X             2         622.0000
                                   15,894,279.00   247,864.0000     X             5     247,864.0000
BROADCAST.COM 
INC            Equity 111310108     4,999,331.25    42,300.0000     X             2      27,900.0000
                                                                    X             2                                      14,400.0000
BROADVISION    Equity 111412102     6,339,475.00   106,100.0000     X             1      92,600.0000
                                                                    X             1                                      13,500.0000
                                       40,510.50       678.0000     X             5         678.0000
BROOKS-
AUTOMATION INC Equity 11434A100     9,073,062.50   405,500.0000     X             2     334,300.0000
                                                                    X             2                                      71,200.0000
BROOKSTONE INC 
COM            Equity 114537103     3,050,200.00   241,600.0000     X             1     241,600.0000
BROWN FORMAN 
CORP CL B      Equity 115637209       549,867.66     9,543.0000     X             5       9,543.0000
BROWN GROUP 
INC COM        Equity 115657108     5,884,262.50   446,200.0000     X             3     237,800.0000
                                                                    X             3                      208,400.0000
                                       18,633.94     1,413.0000     X             5       1,413.0000
BROWNING FERRIS 
INDS COM       Equity 115885105    50,104,024.88 1,299,294.0000     X             3     913,299.0000
                                                                    X             3                      385,995.0000
                                    2,714,028.75    70,380.0000     X             5      70,380.0000
BRUNSWICK CORP 
COM            Equity 117043109       238,936.16    12,536.0000     X             5      12,536.0000
BUCKLE INC     Equity 118440106     2,232,000.00    99,200.0000     X             1      99,200.0000
                                    5,355,000.01   238,000.0003     X             2     150,000.0003
                                                                    X             2                                      88,000.0000
                                       45,000.00     2,000.0000     X             5       2,000.0000
BUILDING MATLS 
HLDG CP COM    Equity 120113105     3,281,512.50   324,100.0000     X             1     324,100.0000
                                        7,067.25       698.0000     X             5         698.0000
BURLINGTON 
COAT FACTRY 
COM            Equity 121579106     5,785,700.00   492,400.0000     X             3     265,600.0000
                                                                    X             3                      226,800.0000
                                        1,198.50       102.0000     X             5         102.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                    Market Value  198,271,340.62
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 14             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
BURLINGTON 
NORTHERN SANTA
FE CO          Equity 12189T104    32,835,550.00   998,800.0000     X             1     965,200.0000
                                                                    X             1                                      33,600.0000
                                        7,199.63       219.0000     X             2         219.0000
                                    2,449,121.75    74,498.0000     X             5      74,498.0000
                                  110,872,647.00 3,372,552.0000     X             6                   2,511,852.0000
                                                                    X             6                                     860,700.0000
BURLINGTON 
RESOURCES INC  Equity 122014103       401,956.16    10,064.0000     X             5      10,064.0000
                                      593,508.40    14,860.0000     X             6                      14,163.0000
                                                                    X             6                                         697.0000
BUSH INDS INC 
CL A           Equity 123164105       141,244.94    11,474.0000     X             5      11,474.0000
BUSINESS 
OBJECTIVES     Equity 12328X107    11,400,000.00   384,000.0000     X             2     319,000.0000
                                                                    X             2                                      65,000.0000
BUTLER MFG CO 
DEL COM        Equity 123655102     5,765,625.00   246,000.0000     X             3     145,000.0000
                                                                    X             3                     101,000.0000
                                       40,078.13     1,710.0000     X             5       1,710.0000
C&D 
TECHNOLOGIES 
INC COM        Equity 124661109     7,188,875.00   289,000.0000     X             3     153,700.0000
                                                                    X             3                     135,300.0000
                                       89,649.50     3,604.0000     X             5       3,604.0000
CCB FINL CORP 
COM            Equity 124875105    13,118,590.00   242,656.0000     X             1     222,456.0000
                                                                    X             1                                      20,200.0000
                                    1,527,265.63    28,250.0000     X             5      28,250.0000
CBS CORP COM   Equity 12490K107     8,501,049.48   208,308.0000     X             5     208,308.0000
CEC ENTMT INC 
COM            Equity 125137109    14,016,362.50   390,700.0000     X             1     342,100.0000
                                                                    X             1                                      48,600.0000
                                       52,915.63     1,475.0000     X             5       1,475.0000
CIGNA CORP COM Equity 125509109    34,840,856.25   415,700.0000     X             1     401,700.0000
                                                                    X             1                                      14,000.0000
                                   18,018,095.06   214,981.0000     X             2     214,981.0000
                                   18,237,600.00   217,600.0000     X             3     181,000.0000
                                                                    X             3                      36,600.0000
                                    9,498,889.69   113,335.0000     X             5     113,335.0000
CKE 
RESTAURANTS 
INC COM        Equity 12561E105    19,820,290.25 1,003,559.0000     X             1     923,449.0000
                                                                    X             1                                      80,110.0000
                                       88,025.75     4,457.0000     X             5       4,457.0000
CMAC INVT CORP 
COM            Equity 125662106       652,041.00    16,719.0000     X             5      16,719.0000
CMG 
INFORMATION 
SVCS COM       Equity 125750109       700,387.56     3,826.0000     X             5       3,826.0000
CMP GROUP INC  Equity 125887109     6,653,587.50   362,100.0000     X             3     186,900.0000
                                                                    X             3                     175,200.0000
                                      130,536.00     7,104.0000     X             5       7,104.0000
CMS ENERGY 
CORP COM       Equity 125896100     2,245,507.25    55,789.0000     X             5      55,789.0000
CNET INC COM   Equity 125945105    16,214,000.00   176,000.0000     X             2      86,100.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                    Market Value  336,101,455.04
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 15             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
                                                                    X             2                                      89,900.0000
                                      42,561.75        462.0000     X             5         462.0000
CTG RES INC 
COM            Equity 125957100    2,412,500.00    100,000.0000     X             3                     100,000.0000
CNA FINL CORP 
COM            Equity 126117100      615,720.65     15,865.0000     X             5      15,865.0000
CNA SURETY 
CORP           Equity 12612L108       36,936.82      2,986.0000     X             5       2,986.0000
                                   2,892,848.20    233,860.0000     X             6                     233,860.0000
CNF TRANSN INC 
COM            Equity 12612W104    1,325,429.55     35,055.0000     X             5      35,055.0000
CSG SYS INTL 
INC COM        Equity 126349109   15,834,156.25    401,500.0000     X             1     368,100.0000
                                                                    X             1                                      33,400.0000
                                   4,515,593.75    114,500.0000     X             2      75,800.0000
                                                                    X             2                                      38,700.0000
                                     169,344.63      4,294.0000     X             5       4,294.0000
CSX CORP COM   Equity 126408103      640,485.12     16,448.0000     X             5      16,448.0000
CTS CORP       Equity 126501105    4,973,412.50    100,600.0000     X             2     100,600.0000
                                      26,547.94        537.0000     X             5         537.0000
                                   7,382,007.50    149,320.0000     X             6                     149,320.0000
CVS CORP COM   Equity 126650100   36,679,500.00    772,200.0000     X             1     746,200.0000
                                                                    X             1                                      26,000.0000
                                  46,811,250.00    985,500.0000     X             2     843,700.0000
                                                                    X             2                                     141,800.0000
                                   1,706,485.00     35,926.0000     X             5      35,926.0000
CABLEVISION 
SYS CORP CL A  Equity 12686C109      410,847.16      5,543.0000     X             5       5,543.0000
CABLETRON SYS 
INC COM        Equity 126920107      117,985.14     14,406.0000     X             5      14,406.0000
CABOT CORP     Equity 127055101      684,122.50     32,194.0000     X             5      32,194.0000
                                   3,187,500.00    150,000.0000     X             6                     150,000.0000
CABOT OIL & 
GAS CORP       Equity 127097103       20,909.12      1,448.0000     X             5       1,448.0000
                                   9,122,686.60    631,765.0000     X             6                     631,765.0000
CADENCE DESIGN 
SYSTEMS INC    Equity 127387108      502,253.75     19,505.0000     X             5      19,505.0000
                                  14,710,975.00    571,300.0000     X             6                     531,300.0000
                                                                    X             6                                      40,000.0000
CADIZ INC      Equity 127537108      126,704.00     15,838.0000     X             5      15,838.0000
CALPINE CORP   Equity 131347106   18,710,656.25    513,500.0000     X             2     502,100.0000
                                                                    X             2                                      11,400.0000
                                   1,017,990.88     27,938.0000     X             5      27,938.0000
                                   8,198,437.50    225,000.0000     X             6                     225,000.0000
CALYPTE 
BIOMEDICAL 
CORP           Equity 131722100    1,775,950.00    645,800.0000     X             2     420,000.0000
                                                                    X             2                                     225,800.0000
CAMBREX CORP   Equity 132011107   10,768,237.50    486,700.0000     X             1     424,500.0000
                                                                    X             1                                      62,200.0000
                                      28,607.63      1,293.0000     X             5       1,293.0000
                                  12,060,890.63    545,125.0000     X             6                     545,125.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                   Market Value  207,509,533.30
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 16             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
CAMPBELL SOUP 
CO COM         Equity 134429109    1,353,308.71     33,259.0000     X             5      33,259.0000
CANADIAN 
PACIFIC LTD - 
NEW            Equity 135923100  603,175,237.94 30,833,239.0000     X             6                  26,894,794.0000
                                                                    X             6                                   3,938,445.0000
CANADIAN IMPRL 
BK COMM COM    Equity 136069101      239,700.00      9,400.0000     X             5       9,400.0000
CANANDAIGUA 
BRANDS INC 
CL A           Equity 137219200    2,518,750.00     50,000.0000     X             2      50,000.0000
                                     155,255.75      3,082.0000     X             5       3,082.0000
CAPITAL ONE 
FINL CORP COM  Equity 14040H105   64,099,500.00    424,500.0000     X             1     409,600.0000
                                                                    X             1                                      14,900.0000
                                  62,181,800.00    411,800.0000     X             2     368,800.0000
                                                                    X             2                                      43,000.0000
                                   1,465,304.00      9,704.0000     X             5       9,704.0000
CAPSTEAD MTG 
CORP COM       Equity 14067E100      313,377.09     58,357.0000     X             5      58,357.0000
CARAUSTAR INDS 
INC COM        Equity 140909102    6,113,400.00    265,800.0000     X             3     146,600.0000
                                                                    X             3                     119,200.0000
                                      58,788.00      2,556.0000     X             5       2,556.0000
CARDINAL 
HEALTH INC     Equity 14149Y108   49,137,462.00    744,507.0000     X             1     701,558.0000
                                                                    X             1                                      42,949.0000
                                  50,733,342.29    768,687.0044     X             2     697,237.0036
                                                                    X             2                                      71,450.0008
                                   5,017,056.00     76,016.0000     X             5      76,016.0000
                                  30,257,502.00    458,447.0000     X             6                     458,447.0000
CAREMATRIX 
CORP COM       Equity 141706101    3,877,900.00    204,100.0000     X             1     177,700.0000
                                                                    X             1                                      26,400.0000
                                      16,872.00        888.0000     X             5         888.0000
CARLISLE 
COMPANIES INC  Equity 142339100      117,062.00      2,504.0000     X             5       2,504.0000
                                   9,386,698.75    200,785.0000     X             6                     200,785.0000
CARNIVAL 
CRUISE LINES 
INC            Equity 143658102    8,784,956.25    180,900.0000     X             2     180,900.0000
                                   1,724,357.25     35,508.0000     X             5      35,508.0000
                                 198,474,937.50  4,087,000.0000     X             6                   3,012,000.0000
                                                                    X             6                                   1,075,000.0000
CAROLINA PWR 
& LT CO COM    Equity 144141108      558,189.03     14,763.0000     X             5      14,763.0000
CARRIER ACCESS Equity 144460102   17,696,831.25    228,900.0000     X             2     183,900.0000
                                                                    X             2                                      45,000.0000
CASE CORP      Equity 14743R103      267,602.76     10,548.0000     X             5      10,548.0000
                                   9,252,439.00    364,700.0000     X             6                     140,700.0000
                                                                    X             6                                     224,000.0000
CASELLA WASTE 
SYSTEMS INC.   Equity 147448104    4,557,625.00    202,000.0000     X             2     202,000.0000
CASTLE A M & 
CO COM         Equity 148411101    2,534,218.75    206,875.0000     X             3     107,975.0000
                                                                    X             3                      98,900.0000
                                      77,224.00      6,304.0000     X             5       6,304.0000
CATALINA 
MARKETING CP 
COM            Equity 148867104    8,681,962.50    101,100.0000     X             2      70,500.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                 Market Value  1,142,828,659.82
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 17             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
                                                                     X             2                                     30,600.0000
                                      181,024.50      2,108.0000     X             5       2,108.0000
CATALYST INTL 
INC COM        Equity 14887T105     2,532,537.50    244,100.0000     X             1     244,100.0000
CATERPILLAR 
INC            Equity 149123101     5,481,285.16    119,314.0000     X             5     119,314.0000
                                1,087,650,448.64 23,675,456.0000     X             6                  21,043,421.0000
                                                                     X             6                                  2,632,035.0000
CELESTICA INC. Equity 15101Q108     5,423,550.00    167,200.0000     X             2    110,400.0000
                                                                     X             2                                     56,800.0000
CENDANT CORP 
COM            Equity 151313103    71,741,062.50  4,501,400.0000     X             2  3,992,200.0000
                                                                     X             2                                    509,200.0000
                                    3,570,079.69    224,005.0000     X             5    224,005.0000
CENTENNIAL 
CELLULAR CP 
CL A NEW       Equity 15133V208       283,405.50      5,998.0000     X             5      5,998.0000
CENTEX CORP 
COM            Equity 152312104    14,321,212.50    429,100.0000     X             1    414,700.0000
                                                                     X             1                                     14,400.0000
                                    6,300,599.25    188,782.0000     X             5    188,782.0000
CENTEX 
CONSTRCTN 
PRODS COM      Equity 15231R109     7,658,750.00    220,000.0000     X             2     90,000.0000
                                                                     X             2                                    130,000.0000
                                       20,295.69        583.0000     X             5        583.0000
CENTRAL & SO 
WEST CORP COM  Equity 152357109    11,678,906.25    498,300.0000     X             3    197,083.0000
                                                                     X             3                    301,217.0000
                                      947,390.63     40,422.0000     X             5     40,422.0000
CENTRAL 
NEWSPAPERS INC 
CL A           Equity 154647101     4,251,675.00    136,600.0000     X             1    119,100.0000
                                                                     X             1                                     17,500.0000
                                   16,953,787.50    544,700.0000     X             3    453,400.0000
                                                                     X             3                     91,300.0000
                                       15,842.63        509.0000     X             5        509.0000
CENTURA BKS 
INC COM        Equity 15640T100     2,909,375.00     50,000.0000     X             1     46,500.0000
                                                                     X             1                                      3,500.0000
                                      117,015.06      2,011.0000     X             5      2,011.0000
CENTURY TEL 
ENTERPRISE COM Equity 156686107    34,961,387.75    497,671.0000     X             1    456,671.0000
                                                                     X             1                                     41,000.0000
                                    3,905,900.00     55,600.0000     X             2     37,100.0000
                                                                     X             2                                     18,500.0000
                                    5,723,337.75     81,471.0000     X             5     81,471.0000
CERIDIAN CORP 
COM            Equity 15677T106         2,559.38         70.0000     X             2         70.0000
                                    2,403,765.00     65,744.0000     X             5     65,744.0000
CHAMPION INTL 
CORP           Equity 158525105       242,171.88      5,898.0000     X             5      5,898.0000
                                  284,810,554.88  6,936,448.0000     X             6                  6,249,748.0000
                                                                     X             6                                    686,700.0000
CHANCELLOR 
MEDIA CORP COM Equity 158915108    48,614,150.00  1,031,600.0000     X             2    889,000.0000
                                                                     X             2                                    142,600.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                  Market Value  1,622,702,069.62
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 18             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2 Item 3         Item 4           Item 5     S  S   S      Managers              Voting Authority
   Name of     Title  Cusip           Fair           Shares or   O  H   H      Instr.V                   (Shares)
    Issuer       of   Number         Market          Principal   L  R   R               --------------------------------------------
               Class                  Value           Amount     E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
                                     531,004.50      11,268.0000     X           5        11,268.0000
CHARTER ONE 
FINL INC COM    Equity 160903100     266,435.52       9,232.0000     X           5         9,232.0000
CHARTWELL RE 
CORP            Equity 16139W109      24,150.00       1,400.0000     X           5         1,400.0000
                                   9,683,891.25     561,385.0000     X           6                       561,385.0000
CHASE 
MANHATTAN 
BANK-NEW        Equity 16161A108  40,362,585.09     496,007.1900     X           1       479,207.1900
                                                                     X           1                                       16,800.0000
                                  69,217,575.00     850,600.0000     X           2       761,700.0000
                                                                     X           2                                       88,900.0000
                                  40,156,284.00     493,472.0000     X           5       493,472.0000
                                 155,338,365.00   1,908,920.0000     X           6                     1,460,000.0000
                                                                     X           6                                      448,920.0000
CHATTEM INC
COM             Equity 162456107  11,134,375.00     356,300.0000     X           1       311,400.0000
                                                                     X           1                                       44,900.0000
CHECKFREE 
HOLDINGS CORP   Equity 162816102  36,982,556.25     868,900.0000     X           2       720,000.0000
                                                                     X           2                                      148,900.0000
                                     172,293.00       4,048.0000     X           5         4,048.0000
CHEMED CORP 
COM             Equity 163596109   6,275,275.00     243,700.0000     X           3       121,900.0000
                                                                     X           3                       121,800.0000
                                     219,647.50       8,530.0000     X           5         8,530.0000
CHEVRON CORP    Equity 166751107  30,565,500.00     344,400.0000     X           5       344,400.0000
                                   3,550,000.00      40,000.0000     X           6                        40,000.0000
CHICAGO TITLE 
CORP            Equity 168228104       8,656.06         238.0000     X           5           238.0000
                                     858,877.55      23,615.0000     X           6                        22,715.0000
                                                                     X           6                                          900.0000
CHICOS FAS INC  Equity 168615102   4,136,600.00     192,400.0000     X           1       192,400.0000
                                   5,955,500.00     277,000.0000     X           2        82,900.0000
                                                                     X           2                                      194,100.0000
CHIQUITA BRANDS 
INTL COM        Equity 170032106   6,965,193.75     683,700.0000     X           3       334,700.0000
                                                                     X           3                       349,000.0000
                                       3,056.25         300.0000     X           5           300.0000
CHIRON CORP 
COM             Equity 170040109     236,688.72      10,788.0000     X           5        10,788.0000
CHITTENDEN 
CORP COM        Equity 170228100  11,847,728.81     443,943.0000     X           1       405,343.0000
                                                                     X           1                                       38,600.0000
                                      30,023.44       1,125.0000     X           5         1,125.0000
CHUBB CORP      Equity 171232101     817,263.36      13,956.0000     X           5        13,956.0000
                                  49,483,200.00     845,000.0000     X           6                       845,000.0000
CHURCH & DWIGHT
INC COM         Equity 171340102   3,797,900.00      93,200.0000     X           2        61,700.0000
                                                                     X           2                                       31,500.0000
                                     166,789.75       4,093.0000     X           5         4,093.0000
CIBER INC COM   Equity 17163B102  13,217,625.00     682,200.0000     X           1       614,800.0000
                                                                     X           1                                       67,400.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                   Market Value  502,005,039.80
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 19             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2  Item 3        Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title   Cusip          Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of    Number        Market         Principal    L  R   R               --------------------------------------------
               Class                 Value           Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
                                       70,776.88     3,653.0000     X           5         3,653.0000
CIENA CORP 
COM            Equity 171779101    20,403,000.00   906,800.0000     X           2       777,600.0000
                                                                    X           2                                       129,200.0000
                                       36,562.50     1,625.0000     X           5         1,625.0000
CINCINNATI 
BELL INC COM   Equity 171870108       288,713.04    12,866.0000     X           5        12,866.0000
CINAR CORP -CL 
B SUB VTG      Equity 171905300     3,450,000.00   150,000.0000     X           2        45,300.0000
                                                                    X           2                                       104,700.0000
CINCINNATI 
FINL CORP COM  Equity 172062101       728,544.92    19,993.0000     X           5        19,993.0000
CINERGY CORP 
COM            Equity 172474108       469,232.50    17,063.0000     X           5        17,063.0000
CIRCUIT CITY 
STORE INC
CIRCT CIT      Equity 172737108    58,848,000.00   768,000.0000     X           2       685,900.0000
                                                                    X           2                                        82,100.0000
                                      468,485.25     6,114.0000     X           5         6,114.0000
CISCO SYS INC 
COM            Equity 17275R102    39,239,810.58   358,150.0110     X           1       346,075.0000
                                                                    X           1                                        12,075.0110
                                   43,084,908.49   393,245.0290     X           2       340,695.0249
                                                                    X           2                                        52,550.0041
                                   25,861,461.19   236,043.0000     X           5       236,043.0000
CINTAS CORP 
COM            Equity 172908105    37,021,862.50   566,300.0000     X           1       547,200.0000
                                                                    X           1                                        19,100.0000
                                    2,615,000.00    40,000.0000     X           2        26,400.0000
                                                                    X           2                                        13,600.0000
                                      625,704.13     9,571.0000     X           5         9,571.0000
CITIGROUP INC  Equity 172967101    45,166,012.50   707,100.0000     X           1       683,100.0000
                                                                    X           1                                        24,000.0000
                                   75,592,868.97 1,183,450.0035     X           2     1,045,000.0030
                                                                    X           2                                       138,450.0005
                                   21,784,249.38   341,045.0000     X           5       341,045.0000
                                2,703,537,607.75 42,325,442.0000    X           6                     36,601,030.0000
                                                                    X           6                                     5,724,412.0000
CITIZENS UTILS 
CO DEL CL B    Equity 177342201       531,479.50    68,578.0000     X           5        68,578.0000
CITRIX SYS 
INC COM        Equity 177376100    32,265,035.00   846,296.0000     X           1       774,096.0000
                                                                    X           1                                        72,200.0000
                                      305,000.00     8,000.0000     X           2         8,000.0000
                                      238,243.13     6,249.0000     X           5         6,249.0000
CITY NATL 
CORP COM       Equity 178566105    10,228,887.50   331,300.0000     X           1       289,700.0000
                                                                    X           1                                        41,600.0000
                                   32,758,375.00 1,061,000.0000     X           2       843,400.0000
                                                                    X           2                                       217,600.0000
                                      822,911.38    26,653.0000     X           5        26,653.0000
CLAIRE'S 
STORES INC 
COM            Equity 179584107    11,336,037.50   376,300.0000     X           1       328,500.0000
                                                                    X           1                                        47,800.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                  Market Value  3,167,778,769.57
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 20             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole             Shared        None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>     <C>       <C>              <C>             <C><C> <C>    <C>      <C>              <C>           <C>
                                  30,799,800.00   1,022,400.0000     X             2       787,000.0000
                                                                     X             2                                    235,400.0000
                                     539,237.50      17,900.0000     X             3        9,100.0000
                                                                     X             3                        8,800.0000
                                     275,282.25       9,138.0000     X             5        9,138.0000
CLAYTON HOMES 
INC COM        Equity  184190106     124,668.32      11,272.0000     X             5       11,272.0000
CLEAR CHANNEL 
COMMUN COM     Equity  184502102   2,198,964.46      32,791.0000     X             5       32,791.0000
CLEVELAND 
CLIFFS INC COM Equity  185896107   6,022,250.00     176,800.0000     X             3       97,300.0000
                                                                     X             3                       79,500.0000
                                      73,438.75       2,156.0000     X             5        2,156.0000
CLOROX CO DEL 
COM            Equity  189054109  37,546,875.00     320,400.0000    X              1      309,500.0000
                                                                    X              1                                     10,900.0000
                                   3,030,234.38      25,858.0000    X              5       25,858.0000
COACH USA INC 
COM            Equity  18975L106  11,514,250.00     418,700.0000    X              1      364,400.0000
                                                                    X              1                                     54,300.0000
                                      33,000.00       1,200.0000    X              5        1,200.0000
COASTAL CORP 
COM            Equity  190441105       2,112.00          64.0000    X              2           64.0000
                                   6,026,526.00     182,622.0000    X              5      182,622.0000
COCA COLA CO 
COM            Equity  191216100      49,652.38         809.0000    X              2           809.0000
                                  19,420,523.00     316,424.0000    X              5       316,424.0000
COCA COLA 
ENTERPRISES 
COM            Equity  191219104   1,464,493.25      48,413.0000    X              5         48,413.0000
COLGATE 
PALMOLIVE CO 
COM            Equity  194162103      14,444.00         157.0000    X              2            157.0000
                                   3,235,640.00      35,170.0000    X              5         35,170.0000
COLONIAL 
BANCGROUP INC 
COM            Equity  195493309   9,574,800.00     797,900.0000    X              1        696,500.0000
                                                                    X              1                                    101,400.0000
                                       3,084.00         257.0000    X              5            257.0000
COLUMBIA 
ENERGY GROUP   Equity  197648108     559,545.25      10,709.0000    X              5         10,709.0000
COLUMBIA/HCA 
HLTHCARE COM   Equity  197677107     773,774.76      40,854.0000    X              5         40,854.0000
COMAIR 
HOLDINGS INC 
COM            Equity  199789108     323,546.76      13,698.0000    X              5         13,698.0000
COMFORT SYS 
USA INC COM    Equity  199908104      48,262.50       3,300.0000    X              1          3,300.0000
                                     150,228.00      10,272.0000    X              5         10,272.0000
COMCAST CORP 
CL A SPL       Equity  200300200   4,826,742.72      76,688.0000    X              5         76,688.0000
COMDISCO INC 
COM            Equity  200336105  38,616,488.63   2,160,363.0000    X              1      1,978,863.0000
                                                                    X              1                                    181,500.0000
                                      57,128.50       3,196.0000    X              5          3,196.0000
COMERICA INC 
COM            Equity  200340107  31,324,893.75     501,700.0000    X              1        484,700.0000
                                                                    X              1                                     17,000.0000
                                   5,051,318.63      80,902.0000    X              5         80,902.0000
COMMERCE 
BANCSHARES COM Equity  200525103   1,282,050.00      33,300.0000    X              5         33,300.0000
COMMERCIAL 
FEDERAL CP COM Equity  201647104   7,090,737.50     305,800.0000    X              3        157,100.0000
                                                                    X              3                      148,700.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                   Market Value  222,053,992.27
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 21            Form 13F               Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1    Item 2    Item 3       Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of    Title     Cusip         Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer      of      Number       Market         Principal    L  R   R               --------------------------------------------
              Class                   Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>           <C>    <C>        <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
                                     184,247.88       7,946.0000    X           5         7,946.0000
COMMERCIAL                                     
METALS CO     Equity 201723103     5,984,000.00     299,200.0000    X           3       163,800.0000
                                                                    X           3                        135,400.0000
                                      28,000.00       1,400.0000    X           5         1,400.0000
COMMONWEALTH                                   
ENERGY S      Equity 202800108     3,803,800.00     100,100.0000    X           3        90,400.0000
                                                                    X           3                          9,700.0000
COMMONWEALTH                                   
TEL ENTPR                      
COM           Equity 203349105       273,203.82      7,422.0000     X           5         7,422.0000
COMMSCOPE                      
INC COM       Equity 203372107    32,570,375.00  1,555,600.0000     X           2     1,172,600.0000
                                                                    X           2                                       383,000.0000
                                      48,805.31      2,331.0000     X           5         2,331.0000
COMMUNITY                                      
FIRST BANKSH                                   
COM           Equity 203902101     3,978,000.00    198,900.0000     X           1       198,900.0000
                                      32,000.00      1,600.0000     X           5         1,600.0000
COMPAQ                                         
COMPUTER CORP Equity 204493100    32,798,558.81  1,035,063.0000     X           2       883,463.0000
                                                                    X           2                                       151,600.0000
                                   5,972,776.88    188,490.0000     X           5       188,490.0000
                                 822,180,257.44 25,946,517.0000     X           6                     21,424,032.0000
                                                                    X           6                                     4,522,485.0000
COMPASS                        
BANCSHARES                     
INC COM       Equity 20449H109     1,802,659.50     52,251.0000     X           5        52,251.0000
COMPLETE                       
BUSINESS SOLU                  
COM           Equity 20452F107    11,755,375.00    599,000.0000     X           2       590,000.0000
                                                                    X           2                                         9,000.0000
                                          19.63          1.0000     X           5             1.0000
COMPUTER                       
ASSOCIATES                     
INTL INC      Equity 204912109     2,798,003.04     78,684.0000     X           5        78,684.0000
                               1,195,822,348.00 33,628,300.0000     X           6                     28,772,295.0000
                                                                    X           6                                     4,856,005.0000
COMPUTER 
NETWORK
TECHNOLOGY    Equity 204925101    12,029,250.00    746,000.0000    X            2       717,000.0000
                                                                   X            2                                        29,000.0000
COMPUTER 
SCIENCES 
CORP COM      Equity 205363104         2,704.19         49.0000    X            2            49.0000
                                   2,016,109.75     36,532.0000    X            5        36,532.0000
COMPUTER 
TASK GROUP 
INC           Equity 205477102     9,332,325.00    436,600.0000    X            1       381,000.0000
                                                                   X            1                                        55,600.0000
                                      17,100.00        800.0000    X            5           800.0000
COMPUWARE 
CORP COM      Equity 205638109    27,988,662.50  1,172,300.0000    X            1     1,132,300.0000
                                                                   X            1                                        40,000.0000
                                   1,203,968.50     50,428.0000    X            5        50,428.0000
COMSAT CORP 
COM SER 1     Equity 20564D107     2,214,922.90     76,535.0000    X            5        76,535.0000
COMSTOCK RES 
INC COM NEW   Equity 205768203        35,912.16     11,736.0000    X            5        11,736.0000
COMVERSE 
TECHNOLOGY 
COM PAR $0.1  Equity 205862402    36,746,392.50    432,310.5000    X            1       396,985.5000
                                                                   X            1                                        35,325.0000
                                     838,355.00      9,863.0000    X            5         9,863.0000
CONAGRA INC 
COM           Equity 205887102     1,619,645.16     63,218.0000    X            5        63,218.0000
CONCENTRIC 
NETWORK CP 
COM           Equity 20589R107    23,523,825.00    314,700.0000    X            2       236,800.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                 Market Value  2,237,601,602.95
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 22             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
                                                                    X           2                                        77,900.0000
                                        3,139.50         42.0000    X           5            42.0000
COM21 INC.     Equity 205937105    13,125,000.00    500,000.0000    X           2       468,000.0000
                                                                    X           2                                        32,000.0000
CONCORD 
COMMUNICATIONS 
COM            Equity 206186108     4,907,700.00     86,100.0000    X           2        74,800.0000
                                                                    X           2                                        11,300.0000
                                       27,246.00        478.0000    X           5           478.0000
CONDOR 
TECHNOLOGY
SOLUTIONS      Equity 206772105       883,500.00     93,000.0000    X           2        93,000.0000
CONECTIV INC 
COM            Equity 206829103       193,816.22     10,006.0000    X           5        10,006.0000
CONEXANT 
SYSTEMS INC 
COM            Equity 207142100     3,375,106.25    121,900.0000    X           2        80,700.0000
                                                                    X           2                                        41,200.0000
                                       94,109.81      3,399.0000    X           5         3,399.0000
CONSECO INC    Equity 208464107     6,647,175.36    215,328.0000    X           5       215,328.0000
                                  792,873,908.82 25,684,286.0000    X           6                    22,172,264.0000
                                                                    X           6                                     3,512,022.0000
CONSOLIDATED 
EDISON NY COM  Equity 209115104    32,493,593.75    717,100.0000    X           1       693,100.0000
                                                                    X           1                                        24,000.0000
                                    8,988,323.44    198,363.0000    X           5       198,363.0000
CONSOLIDATED 
NAT GAS COM    Equity 209615103       252,798.48      5,192.0000    X           5         5,192.0000
CONSOLIDATED 
STORES CP COM  Equity 210149100       450,345.98     14,858.0000    X           5        14,858.0000
CONTINENTAL 
AIRLINES INC
CL B           Equity 210795308        24,890.00        655.0000    X           5           655.0000
                                      862,600.00     22,700.0000    X           6                        22,700.0000
CONVERGYS CORP 
COM            Equity 212485106       240,210.72     14,031.0000    X           5        14,031.0000
COOPER CAMERON 
CORP           Equity 216640102         3,793.44        112.0000    X           5           112.0000
                                   11,312,580.00    334,000.0000    X           6                       325,000.0000
                                                                    X           6                                         9,000.0000
COOPER INDS 
INC COM        Equity 216669101     1,828,909.44     42,912.0000    X           5        42,912.0000
COORS ADOLPH 
CO CL B        Equity 217016104       624,078.00     11,557.0000    X           5        11,557.0000
CORDANT 
TECHNOLOGIES 
INC            Equity 218412104     6,807,937.50    171,000.0000    X           3        80,200.0000
                                                                    X           3                        90,800.0000
                                    1,151,496.94     28,923.0000    X           5        28,923.0000
CORNING INC 
COM            Equity 219350105    27,438,000.00    457,300.0000    X           2       457,300.0000
                                    1,488,180.00     24,803.0000    X           5        24,803.0000
CORPORATE 
EXECUTIVE 
BOARD CO.      Equity 21988R102     2,637,500.00    100,000.0000    X           2                                       100,000.0000
CORVEL CORP    Equity 221006109    10,142,811.25    283,715.0000    X           6                       283,715.0000
COSTCO 
COMPANIES INC 
COM            Equity 22160Q102    54,085,968.75    590,700.0000    X           2       507,000.0000
                                                                    X           2                                        83,700.0000
                                   11,905,230.94    130,023.0000    X           5       130,023.0000
COTELLIGENT 
GROUP INC COM  Equity 221630106     2,278,212.50    256,700.0000    X           1       256,700.0000
COULTER 
PHARMACEUTICAL
INC.           Equity 222116105     3,208,125.00    147,500.0000    X           2        25,300.0000
                                                                    X           2                                       122,200.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                  Market Value  1,000,356,288.09
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 23             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
COUNTRYWIDE 
CREDIT INDS
INC            Equity 222372104    27,273,750.00    727,300.0000    X           1       703,000.0000
                                                                    X           1                                        24,300.0000
                                   16,646,250.00    443,900.0000    X           3       372,000.0000
                                                                    X           3                         71,900.0000
                                    3,980,775.00    106,154.0000    X           5       106,154.0000
                                  323,821,837.50  8,635,249.0000    X           6                      7,391,099.0000
                                                                    X           6                                     1,244,150.0000
COX 
COMMUNICATIONS 
INC            Equity 224044107       692,754.82      9,161.0000    X           5         9,161.0000
                                    1,361,160.00     18,000.0000    X           6                         18,000.0000
CRAFTMADE INTL 
INC COM        Equity 22413E104   4,243,500.0000    282,900.0000    X           1         282,900.00
CRANE CO       Equity 224399105     3,344,461.02    138,258.0000    X           5       138,258.0000
                                    5,552,209.75    229,525.0000    X           6                        227,525.0000
                                                                    X           6                                         2,000.0000
CREE RESEARCH 
INC.           Equity 225447101     5,332,100.00    113,600.0000    X           2       113,600.0000
CRESCENT OPER 
INC COM        Equity 22575M100        53,601.34     14,807.0000    X           5        14,807.0000
CRESTLINE CAP 
CORP COM       Equity 226153104       485,015.72     31,556.0000    X           5        31,556.0000
CRIIMI MAE INC 
COM            Equity 226603108       346,983.10    128,990.0000    X           5       128,990.0000
CROSSMANN 
CMNTYS INC COM Equity 22764E109     3,793,109.38    190,250.0000    X           1       190,250.0000
                                        3,509.00        176.0000    X           5           176.0000
CUTTER AND
BUCK           Equity 232217109     5,312,000.00    166,000.0000    X           2       158,000.0000
                                                                    X           2                                         8,000.0000
CYBEX COMPUTER 
PRODS CORP COM Equity 232522102     2,356,090.63    131,350.0000    X           1       131,350.0000
CYMER INC COM  Equity 232572107    24,356,812.50  1,225,500.0000    X           2       974,900.0000
                                                                    X           2                                       250,600.0000
                                        1,431.00         72.0000    X           5            72.0000
CYPRESS 
SEMICONDUCTOR 
COM            Equity 232806109       126,324.00     14,036.0000    X           5        14,036.0000
CYPRUS AMAX 
MINERALS COM   Equity 232809103       165,910.68     13,689.0000    X           5        13,689.0000
DII GROUP INC 
COM            Equity 232949107    13,162,500.00    450,000.0000    X           2       450,000.0000
                                       28,460.25        973.0000    X           5           973.0000
DM MANAGEMENT  Equity 233233105     5,809,375.00    371,800.0000    X           2       371,800.0000
DQE INC COM    Equity 23329J104    24,929,589.63    649,631.0000    X           1       595,631.0000
                                                                    X           1                                        54,000.0000
                                    4,389,025.50    114,372.0000    X           5       114,372.0000
D R HORTON 
INC COM        Equity 23331A109     9,043,325.00    539,900.0000    X           1       471,500.0000
                                                                    X           1                                        68,400.0000
                                       46,632.00      2,784.0000    X           5         2,784.0000
DTE ENERGY CO 
COM            Equity 233331107    45,980,859.38  1,196,250.0000    X           3       857,575.0000
                                                                    X           3                        338,675.0000
                                    6,260,277.19    162,869.0000    X           5       162,869.0000
DAIN RAUSCHER 
CORP COM       Equity 233856103     6,681,000.00    196,500.0000    X           3        96,300.0000
                                                                    X           3                        100,200.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                    Market Value  545,580,629.37
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 24             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                     Item 6 Inv.
                                                                     Discretion     Item 7                  Item 8
    Item 1            Item 2    Item 3     Item 4        Item 5      S  S   S      Managers            Voting Authority
   Name of            Title     Cusip       Fair        Shares or    O  H   H      Instr.V                 (Shares)
    Issuer              of      Number     Market       Principal    L  R   R               ----------------------------------------
                      Class                 Value        Amount      E  D.V D.Othr               Sole         Shared        None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                   <C>    <C>       <C>            <C>            <C><C> <C>    <C>      <C>            <C>          <C>
                                            25,738.00       757.0000    X              5          757.0000
DAL-TILE INTL INC COM Equity 23426R108   2,964,343.75   327,100.0000    X              1      327,100.0000
                                         5,482,812.50   605,000.0000    X              2      605,000.0000
                                               154.06        17.0000    X              5           17.0000
DALLAS SEMICONDUCTOR 
COM                   Equity 235204104   6,322,912.50   163,700.0000    X              3       93,400.0000
                                                                        X              3                    70,300.0000
                                           167,362.13     4,333.0000    X              5        4,333.0000
DANA CORP COM         Equity 235811106  31,190,400.00   820,800.0000    X              3      534,156.0000
                                                                        X              3                   286,644.0000
                                         3,005,078.00    79,081.0000    X              5       79,081.0000
DANAHER CORP DEL COM  Equity 235851102     966,102.50    18,490.0000    X              5       18,490.0000
DARDEN RESTAURANTS 
INC COM               Equity 237194105  25,968,710.63 1,259,089.0000    X              1    1,155,189.0000
                                                                        X              1                                103,900.0000
                                           387,894.38    18,807.0000    X              5       18,807.0000
DATA GEN CORP COM     Equity 237688106     123,504.48    12,204.0000    X              5       12,204.0000
DAY RUNNER INC        Equity 239545106      16,216.56     1,338.0000    X              5        1,338.0000
                                           181,800.00    15,000.0000    X              6                    15,000.0000
DAYTON HUDSON CORP 
COM                   Equity 239753106  17,795,537.50   267,100.0000    X              1      258,000.0000
                                                                        X              1                                  9,100.0000
                                         9,329,831.88   140,035.0000    X              5      140,035.0000
DAYTON SUPERIOR CORP 
CL A                  Equity 240028100   2,496,787.50   143,700.0000    X              1      143,700.0000
DEB SHOPS INC         Equity 242728103     118,125.00    10,500.0000    X              6                    10,500.0000
DEERE & CO COM        Equity 244199105  33,449,250.00   866,000.0000    X              3      551,559.0000
                                                                        X              3                   314,441.0000
                                         1,191,156.38    30,839.0000    X              5       30,839.0000
DEL MONTE FOODS CO    Equity 24522P103   3,760,679.38   285,170.0000    X              6                   285,170.0000
DELL COMPUTER CORP 
COM                   Equity 247025109  12,443,729.77   304,471.0000    X              5      304,471.0000
DELPHI AUTOMOTIVE 
SYSTEMS               Equity 247126105  22,054,375.00 1,242,500.0000    X              2    1,095,200.0000
                                                                        X              2                                147,300.0000
DELPHI FINANCIAL 
GROUP INC CL A        Equity 247131105      59,306.37     1,751.0000    X              5        1,751.0000
                                           966,988.50    28,550.0000    X              6                    26,907.0000
                                                                        X              6                                  1,643.0000
DELPHI INFORMATION 
SYSTEMS               Equity 247171200   1,223,150.00   143,900.0000    X              2      143,900.0000
DELTA AIR LINES DEL 
COM                   Equity 247361108       5,838.00        84.0000    X              2           84.0000
                                         6,414,572.00    92,296.0000    X              5       92,296.0000
DELTA WOODSIDE NEW    Equity 247909104   1,032,281.25   214,500.0000    X              1      214,500.0000
DELUXE CORP COM       Equity 248019101     763,075.00    26,200.0000    X              1       26,200.0000
                                        11,527,675.00   395,800.0000    X              3      158,759.0000
                                                                        X              3                   237,041.0000
                                         3,197,488.13   109,785.0000    X              5      109,785.0000
DENDRITE INTL INC COM Equity 248239105  11,729,681.25   525,700.0000    X              1      479,500.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                         Market Value  216,362,557.37
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 25             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                   Item 8
    Item 1       Item 2   Item 3     Item 4          Item 5      S  S   S      Managers             Voting Authority
   Name of       Title    Cusip       Fair          Shares or    O  H   H      Instr.V                  (Shares)
    Issuer         of     Number     Market         Principal    L  R   R               --------------------------------------------
                 Class                Value          Amount      E  D.V D.Othr             Sole          Shared           None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>    <C>     <C>              <C>             <C><C> <C>   <C>       <C>           <C>            <C>
                                                                    X             1                                      46,200.0000
                                    1,291,246.69     57,871.0000    X             5        57,871.0000
DENTSPLY 
INTERNATIONAL 
INC            Equity 249030107        95,487.75      4,107.0000    X             5         4,107.0000
                                    3,617,583.75    155,595.0000    X             6                      155,595.0000
DEVELOPERS 
DIVERS RLTY 
COM            Equity 251591103     4,607,193.75    321,900.0000    X             1       280,100.0000
                                                                    X             1                                      41,800.0000
                                       22,928.63      1,602.0000    X             5         1,602.0000
DEVRY INC DEL 
COM            Equity 251893103       298,207.00     10,283.0000    X             5        10,283.0000
DIAGEO PLC-
SPONSORED ADR
NEW            Equity 25243Q205 1,004,367,912.75 21,953,397.0000    X             6                   19,929,765.0000
                                                                    X             6                                   2,023,632.0000
DIAL CORP NEW 
COM            Equity 25247D101    37,964,987.50  1,104,436.0000    X             1     1,010,036.0000
                                                                    X             1                                      94,400.0000
                                      301,950.00      8,784.0000    X             5         8,784.0000
DIGITAL 
MICROWAVE CORP 
COM            Equity 253859102     2,470,625.00    295,000.0000    X             2       204,300.0000
                                                                    X             2                                      90,700.0000
                                       72,326.50      8,636.0000    X             5         8,636.0000
DIGITAL RIVER 
INC            Equity 25388B104    24,472,000.00    611,800.0000    X             2       486,400.0000
                                                                    X             2                                     125,400.0000
DILLARDS INC 
CL A           Equity 254067101       223,687.29      8,817.0000    X             5         8,817.0000
DIME BANCORP 
INC NEW COM    Equity 25429Q102    27,346,039.00  1,179,344.0000    X             1     1,085,444.0000
                                                                    X             1                                      93,900.0000
                                    1,309,351.75     56,468.0000    X             5        56,468.0000
DIONEX CORP 
COM            Equity 254546104       205,511.00      5,444.0000    X             5         5,444.0000
DISNEY WALT CO 
COM            Equity 254687106        22,223.25        714.0000    X             2           714.0000
                                    6,925,125.75    222,494.0000    X             5       222,494.0000
DOLE FOOD CO 
INC            Equity 256605106        90,690.00      3,023.0000    X             5         3,023.0000
                                   47,014,620.00  1,567,154.0000    X             6                    1,084,654.0000
                                                                    X             6                                     482,500.0000
DOLLAR GEN 
CORP COM       Equity 256669102       846,974.00     24,911.0000    X             5        24,911.0000
DOLLAR THRIFTY Equity 256743105     4,203,825.00    243,700.0000    X             2        92,400.0000
                                                                    X             2                                    151,300.0000
DOLLAR TREE 
STORES COM     Equity 256747106    19,305,000.00    624,000.0000    X             1       572,700.0000
                                                                    X             1                                      51,300.0000
                                       75,642.19      2,445.0000    X             5         2,445.0000
DOMINION 
RESOURCES INC 
- - VA           Equity 257470104     5,160,665.76    139,704.0000    X             5       139,704.0000
                                    1,108,200.00     30,000.0000    X             6                       30,000.0000
DONALDSON 
LUFKN&JEN NW 
COM            Equity 257661108     6,495,189.75     93,121.0000    X             5        93,121.0000
DONNELLEY RR 
& SONS         Equity 257867101       234,632.91      7,289.0000    X             5         7,289.0000
                                  365,129,721.45 11,342,955.0000    X             6                    9,415,750.0000
                                                                    X             6                                   1,927,205.0000
DOUBLECLICK 
INC COM        Equity 258609304     8,702,587.50     47,800.0000    X             2        47,800.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                  Market Value  1,573,982,135.91
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 26             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                Item 6 Inv.
                                                                Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4         Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair         Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market        Principal    L  R   R               ---------------------------------------------
               Class                  Value         Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>            <C><C> <C>    <C>      <C>            <C>             <C>
                                       75,373.88        414.0000   X              5          414.0000
DOVER CORP     Equity 260003108       797,754.90     24,270.0000   X              5       24,270.0000
                                  425,477,924.81 12,944,263.0000   X              6                   10,388,613.0000
                                                                   X              6                                   2,555,650.0000
DOVER DOWNS 
ENTMT INC COM  Equity 260086103     4,987,900.00    321,800.0000   X              1      321,800.0000
DOW CHEMICAL 
CO             Equity 260543103        12,580.31        135.0000   X              2          135.0000
                                   11,578,546.88    124,250.0000   X              3       50,018.0000
                                                                   X              3                       74,232.0000
                                    8,735,955.38     93,746.0000   X              5       93,746.0000
                                  199,295,446.88  2,138,650.0000   X              6                    1,977,150.0000
                                                                   X              6                                     161,500.0000
DOW JONES & CO 
INC COM        Equity 260561105       378,935.70      8,030.0000   X              5        8,030.0000
DOWNEY FINL 
CORP COM       Equity 261018105     4,055,303.13    221,450.0000   X              2      160,000.0000
                                                                   X              2                                      61,450.0000
                                       38,639.38      2,110.0000   X              5        2,110.0000
DUPONT (E.I.) 
DE NEMOURS & 
CO             Equity 263534109        20,438.00        352.0000   X              2          352.0000
                                   18,200,735.75    313,468.0000   X              5      313,468.0000
                                  869,880,298.00 14,981,792.0000   X              6                   12,469,612.0000
                                                                   X              6                                   2,512,180.0000
DUKE ENERGY 
CORP COM       Equity 264399106     2,046,112.11     37,331.0000   X              5       37,331.0000
DUKE REALTY 
INVT INC COM
NEW            Equity 264411505    28,691,406.00  1,334,484.0000   X              1    1,227,984.0000
                                                                   X              1                                     106,500.0000
                                       11,567.00        538.0000   X              5          538.0000
DUN & 
BRADSTREET 
CORP COM       Equity 26483B106       842,056.80     23,640.0000   X              5       23,640.0000
DURA 
AUTOMOTIVE     Equity 265903104     9,322,500.00    330,000.0000   X              1      287,800.0000
                                                                   X              1                                      42,200.0000
                                    6,017,250.00    213,000.0000   X              2      163,000.0000
                                                                   X              2                                      50,000.0000
DUPONT 
PHOTOMASKS INC 
COM            Equity 26613X101     3,962,500.00    100,000.0000   X              2      100,000.0000
                                       40,259.00      1,016.0000   X              5        1,016.0000
DYCOM INDS INC 
COM            Equity 267475101    18,587,550.02    427,300.0005   X              2      182,100.0002
                                                                   X              2                                     245,200.0003
                                      158,427.00      3,642.0000   X              5        3,642.0000
ECI TELECOM 
LTD COM        Equity 268258100    22,915,970.00    654,742.0000   X              1      598,442.0000
                                                                   X              1                                      56,300.0000
E4L INC.       Equity 268452109     4,028,375.00    481,000.0000   X              2      455,000.0000
                                                                   X              2                                      26,000.0000
EG&G INC       Equity 268457108       279,574.74     10,602.0000   X              5       10,602.0000
                                      996,786.00     37,800.0000   X              6                       37,800.0000
E M C CORP 
MASS COM       Equity 268648102    61,102,825.00    478,300.0000   X              1      461,700.0000
                                                                   X              1                                      16,600.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                  Market Value  1,702,538,991.64
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 27             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                     Item 6 Inv.
                                                                     Discretion    Item 7                   Item 8
    Item 1            Item 2   Item 3       Item 4       Item 5      S  S   S     Managers             Voting Authority
   Name of            Title    Cusip         Fair       Shares or    O  H   H     Instr.V                  (Shares)
    Issuer              of     Number       Market      Principal    L  R   R              -----------------------------------------
                      Class                  Value       Amount      E  D.V D.Othr             Sole         Shared        None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                   <C>    <C>       <C>           <C>            <C><C> <C>    <C>      <C>          <C>            <C>
                                          383,250.00     3,000.0000    X              2      3,000.0000
                                        9,917,360.25    77,631.0000    X              5     77,631.0000
ENSCO INTL INC COM    Equity 26874Q100    295,122.63    22,173.0000    X              5     22,173.0000
ETEK DYNAMICS INC.    Equity 269240107  5,327,437.50   148,500.0000    X              2    148,500.0000
E TRADE GROUP INC COM Equity 269246104    868,352.52    14,892.0000    X              5     14,892.0000
EAGLE USA AIRFREIGHT                                                                    
INC                   Equity 270018104  4,225,000.00   130,000.0000    X              6                   130,000.0000
EARTHGRAINS CO COM    Equity 270319106  6,909,187.50   311,400.0000    X              1    271,200.0000
                                                                       X              1                                  40,200.0000
                                           77,722.81     3,503.0000    X              5      3,503.0000
EARTHLINK NETWORK INC                                                                   
COM                   Equity 270322100  9,114,000.00   151,900.0000    X              2     83,121.0000
                                                                       X              2                                  68,779.0000
                                           50,520.00       842.0000    X              5        842.0000
EARTHWEB INC          Equity 27032C108 16,443,750.00   300,000.0000    X              2    264,000.0000
                                                                       X              2                                  36,000.0000
EASTERN ENTERPRISES                                                                     
COM                   Equity 27637F100  6,409,275.00   176,200.0000    X              3     92,200.0000
                                                                       X              3                    84,000.0000
                                          184,748.63     5,079.0000    X              5      5,079.0000
EASTMAN KODAK CO COM  Equity 277461109     11,114.25       174.0000    X              2        174.0000
                                       12,075,568.75   189,050.0000    X              3     75,030.0000
                                                                       X              3                   114,020.0000
                                        9,001,137.25   140,918.0000    X              5    140,918.0000
EATON CORP COM        Equity 278058102  5,602,883.00    78,362.0000    X              5     78,362.0000
ECLIPSE SURGICAL                                                                        
TECHNOLOGIES          Equity 278849104  2,278,500.00   217,000.0000    X              2    162,000.0000
                                                                       X              2                                  55,000.0000
ECOLAB INC COM        Equity 278865100    506,407.50    14,265.0000    X              5     14,265.0000
EDISON INTL COM       Equity 281020107  4,982,998.75   223,955.0000    X              5    223,955.0000
EDWARDS AG INC COM    Equity 281760108  1,304,036.79    39,891.0000    X              5     39,891.0000
EL PASO ENERGY CORP   Equity 283905107    258,774.04     7,916.0000    X              5      7,916.0000
                                       59,044,024.20 1,806,180.0000    X              6                 1,122,862.0000
                                                                       X              6                                 683,318.0000
ELCOR CORP COM        Equity 284443108  4,398,437.50   125,000.0000    X              2                                 125,000.0000
                                          122,980.31     3,495.0000    X              5      3,495.0000
ELECTRONIC DATA                                                                         
SYSTEMS CORP          Equity 285661104  5,897,576.25   121,125.0000    X              5    121,125.0000
                                          589,149.00    12,100.0000    X              6                       500.0000
                                                                       X              6                                  11,600.0000
ELECTRONICS FOR                                                                         
IMAGNG COM            Equity 286082102    346,515.00     8,885.0000    X              5      8,885.0000
EMERSON ELEC CO COM   Equity 291011104  2,188,698.42    41,343.0000    X              5     41,343.0000
EMMIS BROADCASTING                                                                      
CORP CL-A             Equity 291525103  4,375,000.00    87,500.0000    X              6                    87,500.0000
EMPI INC.             Equity 291586105  2,867,475.00   132,600.0000    X              1    132,600.0000
EMULEX CORP           Equity 292475209  8,349,000.00   253,000.0000    X              2    189,000.0000
                                                                       X              2                                  64,000.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                        Market Value  184,406,002.85
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 28             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                   Item 6 Inv.
                                                                   Discretion     Item 7                  Item 8
    Item 1          Item 2    Item 3     Item 4        Item 5      S  S   S      Managers            Voting Authority
   Name of          Title     Cusip       Fair        Shares or    O  H   H      Instr.V                 (Shares)
    Issuer            of      Number     Market       Principal    L  R   R               ------------------------------------------
                    Class                 Value        Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                 <C>    <C>       <C>            <C>            <C><C> <C>    <C>      <C>            <C>            <C>
ENERGEN CORP COM    Equity 29265N108   6,681,543.75   447,300.0000    X              3      235,400.0000
                                                                      X              3                     211,900.0000
                                          14,937.50     1,000.0000    X              5        1,000.0000
ENERGY EAST CORP 
COM                 Equity 29266M109  33,217,920.00   632,000.0000    X              1      610,700.0000
                                                                      X              1                                   21,300.0000
                                       5,740,077.60   109,210.0000    X              5      109,210.0000
ENGELHARD CORP COM  Equity 292845104   1,041,132.40    61,460.0000    X              5       61,460.0000
ENGINEERED SUPPORT 
SYS INC COM         Equity 292866100   2,514,806.25   146,850.0000    X              1      146,850.0000
ENESCO GROUP INC 
COM                 Equity 292973104   5,967,850.00   330,400.0000    X              3      188,500.0000
                                                                      X              3                     141,900.0000
                                             614.13        34.0000    X              5           34.0000
ENHANCE FINL SVCS 
GRP COM             Equity 293310108   8,056,900.00   350,300.0000    X              1      305,300.0000
                                                                      X              1                                   45,000.0000
                                          79,396.00     3,452.0000    X              5        3,452.0000
ENNIS BUSINESS 
FORMS               Equity 293389102   4,630,293.75   574,300.0000    X              3      389,400.0000
                                                                      X              3                     184,900.0000
ENRON CORP COM      Equity 293561106  74,819,125.00 1,164,500.0000    X              2    1,059,800.0000
                                                                      X              2                                  104,700.0000
                                       6,787,434.25   105,641.0000    X              5      105,641.0000
ENTERCOM 
COMMUNICATIONS CORP Equity 293639100   3,537,500.00   100,000.0000    X              2                                  100,000.0000
ENTERGY CORP NEW 
COM                 Equity 29364G103       2,035.00        74.0000    X              2           74.0000
                                       3,128,840.00   113,776.0000    X              5      113,776.0000
EQUIFAX INC COM     Equity 294429105     652,686.30    18,990.0000    X              5       18,990.0000
EQUITABLE COS INC 
COM                 Equity 29444G107  15,015,000.00   214,500.0000    X              2      214,500.0000
                                       9,214,310.00   131,633.0000    X              5      131,633.0000
EQUITY OFFICE PPTYS 
TR COM              Equity 294741103   1,823,519.49    71,877.0000    X              5       71,877.0000
EQUITY RESIDENT 
PPTYS SH BEN INT    Equity 29476L107  54,635,336.25 1,324,493.0000    X              1    1,247,193.0000
                                                                      X              1                                   77,300.0000
                                       1,428,570.00    34,632.0000    X              5       34,632.0000
ETHAN ALLEN 
INTERIORS COM       Equity 297602104  11,134,593.75   267,900.0000    X              1      234,200.0000
                                                                      X              1                                   33,700.0000
                                       3,645,031.25    87,700.0000    X              2       58,100.0000
                                                                      X              2                                   29,600.0000
                                         206,399.38     4,966.0000    X              5        4,966.0000
ETHYL CORP          Equity 297659104   4,677,975.00 1,100,700.0000    X              3      647,400.0000
                                                                      X              3                     453,300.0000
                                          33,022.50     7,770.0000    X              5        7,770.0000
EVEREST REINSURANCE
HOLDINGS INC        Equity 299808105   3,885,431.87   124,573.0000    X              5      124,573.0000
                                      99,423,053.02 3,187,658.0000    X              6                   3,136,858.0000
                                                                      X              6                                   50,800.0000
EVERGREEN RESOURCES Equity 299900308   1,700,000.00    85,000.0000    X              2       56,500.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                       Market Value  363,695,334.43
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 29             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion    Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S     Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H     Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R              ---------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>   <C>      <C>             <C>             <C>
                                                                    X             2                                      28,500.0000
EXAR CORP      Equity 300645108    14,053,663.13    871,545.0000    X             6                       871,545.0000
EXCEL SWITCH-
ING CORP COM   Equity 30067V108     4,284,000.00    204,000.0000    X             2       165,000.0000
                                                                    X             2                                      39,000.0000
                                          105.00          5.0000    X             5             5.0000
EXCITE INC COM Equity 300904109       444,780.00      3,177.0000    X             5         3,177.0000
EXODUS COMM-
UNICATIONS COM Equity 302088109     6,980,550.00     51,900.0000    X             2        34,200.0000
                                                                    X             2                                      17,700.0000
                                       52,320.50        389.0000    X             5           389.0000
EXPEDITORS INTL
WASH COM       Equity 302130109       269,298.00      4,987.0000    X             5         4,987.0000
EXPRESS SCRIPTS 
INC CL A       Equity 302182100     6,754,687.50     78,600.0000    X             2        52,100.0000
                                                                    X             2                                      26,500.0000
                                      416,539.06      4,847.0000    X             5         4,847.0000
EXXON CORP     Equity 302290101    12,565,064.38    178,070.0000    X             2       178,070.0000
                                   73,786,147.81  1,045,685.0000    X             5     1,045,685.0000
                                      723,265.63     10,250.0000    X             6                         9,950.0000
                                                                    X             6                                         300.0000
F M C CORP COM 
NEW            Equity 302491303     1,422,399.07     28,811.0000    X             5        28,811.0000
FPL GROUP INC 
COM            Equity 302571104     8,836,890.75    165,951.0000    X             5       165,951.0000
FYI INC.       Equity 302712104     5,312,000.00    166,000.0000    X             2       166,000.0000
FAMILY DLR 
STORES INC COM Equity 307000109    34,580,408.00  1,503,496.0000    X             1      1,375,996.0000
                                                                    X             1                                     127,500.0000
                                    3,475,300.00    151,100.0000    X             2        100,100.0000
                                                                    X             2                                      51,000.0000
                                      164,933.00      7,171.0000    X             5          7,171.0000
FDX CORP       Equity 31304N107     3,387,060.00     36,420.0000    X             5         36,420.0000
FREDDIE MAC    Equity 313400301    32,112,193.75    560,300.0000    X             1        541,300.0000
                                                                    X             1                                      19,000.0000
                                    8,235,806.25    143,700.0000    X             5        143,700.0000
                                1,887,311,972.88 32,930,198.0000    X             6                    28,760,258.0000
                                                                    X             6                                   4,169,940.0000
FEDERAL MOGUL 
CORP COM       Equity 313549107    22,204,307.25    519,399.0000    X             1       476,699.0000
                                                                    X             1                                      42,700.0000
                                      126,668.25      2,963.0000    X             5         2,963.0000
FEDERAL NATL 
MTG ASSN COM   Equity 313586109    33,399,275.00    482,300.0000    X             1       466,000.0000
                                                                    X             1                                      16,300.0000
                                   47,588,600.00    687,200.0000    X             2       613,800.0000
                                                                    X             2                                      73,400.0000
                                   20,059,716.75    289,671.0000    X             5       289,671.0000
FEDERATED DEPT 
STORES COM     Equity 31410H101     8,681,566.80    216,390.0000    X             5       216,390.0000
FELCOR LODGING 
TRUST INC.     Equity 31430F101       249,779.49     10,771.0000    X             5        10,771.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                  Market Value  2,237,479,298.23
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 30             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                   Item 6 Inv.
                                                                   Discretion     Item 7                    Item 8
    Item 1      Item 2   Item 3        Item 4           Item 5     S  S   S      Managers              Voting Authority
   Name of      Title    Cusip          Fair           Shares or   O  H   H      Instr.V                   (Shares)
    Issuer        of     Number        Market          Principal   L  R   R               ------------------------------------------
                Class                  Value            Amount     E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>             <C>    <C>         <C>              <C>            <C><C> <C>    <C>      <C>          <C>              <C>
FIFTH THIRD 
BANCORP COM     Equity 316773100     1,551,766.02      23,533.0000    X             5      23,533.0000  
FINANCIAL 
FEDERAL CORP    Equity 317492106     3,252,800.00     171,200.0000    X             2     163,700.0000
                                                                      X             2                                     7,500.0000
                                         6,061.00         319.0000    X             5         319.0000
FINOVA GROUP 
INC COM         Equity 317928109    27,297,455.00     526,216.0000    X             1     479,416.0000
                                                                      X             1                                    46,800.0000
                                       911,028.75      17,562.0000    X             5      17,562.0000
FIRST AMERICAN 
CORP TENN       Equity 318900107     1,843,750.00      50,000.0000    X             1      46,400.0000
                                                                      X             1                                     3,600.0000
                                       366,906.25       9,950.0000    X             5       9,950.0000
                                       516,250.00      14,000.0000    X             6                     14,000.0000
FIRST CENTRAL 
FINCL CORP 
CV S/D          Equity 318908AA8     9,420,000.00     628,000.0000    X             6                    386,000.0000
                                                                      X             6                                   242,000.0000
FIRST DATA CORP Equity 319963104       427,500.00      10,000.0000    X             2      10,000.0000
                                     2,253,822.75      52,721.0000    X             5      52,721.0000
                                   247,538,317.50   5,790,370.0000    X             6                  4,491,695.0000
                                                                      X             6                                 1,298,675.0000
FIRST SEC CORP 
DEL COM         Equity 336294103     2,201,513.79     114,009.0000    X             5     114,009.0000
FIRST TENN NATL 
CORP COM        Equity 337162101    24,121,737.75     658,614.0000    X             1     603,914.0000
                                                                      X             1                                    54,700.0000
                                       242,311.00       6,616.0000    X             5       6,616.0000
FIRST UNION 
CORP COM        Equity 337358105    27,737,497.60     519,040.0000    X             5     519,040.0000
FIRSTAR CORP 
COM             Equity 33763V109     4,343,256.00      48,528.0000    X             2      32,116.0000
                                                                      X             2                                    16,412.0000
                                     2,037,378.00      22,764.0000    X             5      22,764.0000
FISERV INC COM  Equity 337738108     2,326,893.52      43,396.0000    X             5      43,396.0000
FIRSTFED FINL 
CORP COM        Equity 337907109     6,874,750.00     428,000.0000    X             2     428,000.0000
                                        44,204.00       2,752.0000    X             5       2,752.0000
FLAGSTAR 
BANCORP INC     Equity 337930101     6,137,400.00     231,600.0000    X             3     125,400.0000
                                                                      X             3                    106,200.0000
FIRSTENERGY 
CORP COM        Equity 337932107       761,824.00      27,208.0000    X             5      27,208.0000
FLEET FINL 
GROUP INC COM   Equity 338915101    29,780,187.50     791,500.0000    X             1     764,900.0000
                                                                      X             1                                    26,600.0000
                                    12,882,800.00     342,400.0000    X             2     342,400.0000
                                    13,077,434.13     347,573.0000    X             5     347,573.0000
FLEETWOOD 
ENTERPRISES COM Equity 339099103     5,873,850.00     205,200.0000    X             3     113,800.0000
                                                                      X             3                     91,400.0000
                                     1,961,041.50      68,508.0000    X             5      68,508.0000
FLEMING COS INC 
COM             Equity 339130106       128,408.56      15,001.0000    X             5      15,001.0000
FLORIDA PROG-
RESS CORP COM   Equity 341109106    25,194,085.75     667,393.0000    X             1     613,493.0000
                                                                      X             1                                    53,900.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                     Market Value  461,112,230.37
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 31             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>            <C>              <C>
                                      289,806.75      7,677.0000    X           5           7,677.0000
FLOWERS INDS 
INC COM        Equity 343496105    32,215,213.00  1,308,232.0000    X           1       1,195,732.0000
                                                                    X           1                                       112,500.0000
                                      154,915.88      6,291.0000    X           5           6,291.0000
FLOWSERVE CORP Equity 34354P105        32,271.44      2,074.0000    X           5           2,074.0000
                                   10,934,867.80    702,755.0000    X           6                         702,755.0000
FOOD LION INC
CL A           Equity 344775200    27,882,429.60  3,029,678.0000    X           1       2,786,878.0000
                                                                    X           1                                       242,800.0000
FOODMAKER INC 
NEW COM NEW    Equity 344839204    14,152,500.00    555,000.0000    X           1         485,600.0000
                                                                    X           1                                        69,400.0000
                                   22,162,050.00    869,100.0000    X           2         661,100.0000
                                                                    X           2                                       208,000.0000
                                      283,432.50     11,115.0000    X           5          11,115.0000
FORD MTR CO 
DEL COM        Equity 345370100    33,530,656.25    591,500.0000    X           1         571,600.0000
                                                                    X           1                                        19,900.0000
                                    6,397,751.25    112,860.0000    X           2         112,860.0000
                                   12,323,862.50    217,400.0000    X           3          85,732.0000
                                                                    X           3                         131,668.0000
                                   39,050,204.75    688,868.0000    X           5         688,868.0000
FOREST LABS 
INC CL A       Equity 345838106       214,318.74      3,802.0000    X           5           3,802.0000
FORT JAMES 
CORP           Equity 347471104     3,872,708.14    122,206.0000    X           5         122,206.0000
                                   43,256,850.00  1,365,000.0000    X           6                       1,365,000.0000
FORTUNE BRANDS 
INC            Equity 349631101     2,636,595.50     68,483.0000    X           5          68,483.0000
                                      577,500.00     15,000.0000    X           6                          15,000.0000
FOSSIL INC COM Equity 349882100     4,689,506.25    157,300.0000    X           1         137,000.0000
                                                                    X           1                                        20,300.0000
                                    7,125,187.50    239,000.0000    X           2         239,000.0000
                                       17,410.50        584.0000    X           5             584.0000
FOSTER WHEELER 
CORP COM       Equity 350244109       125,551.08     10,359.0000    X           5          10,359.0000
FOURFRONT 
TECHNOLOGIES 
INC            Equity 351042106     3,374,718.75    319,500.0000    X           2         290,500.0000
                                                                    X           2                                        29,000.0000
FOX 
ENTERTAINMENT 
GROUP          Equity 35138T107         1,898.40         70.0000    X           5              70.0000
                                   35,866,200.00  1,322,500.0000    X           6                       1,146,500.0000
                                                                    X           6                                       176,000.0000
FRANCHISE FIN 
CORP COM       Equity 351807102     6,632,581.25    314,900.0000    X           3         161,800.0000
                                                                    X           3                         153,100.0000
                                      154,135.38      7,318.0000    X           5           7,318.0000
FRANKLIN COVEY 
CO             Equity 353469109     1,047,600.00    116,400.0000    X           6                          91,100.0000
                                                                    X           6                                        25,300.0000
FRANKLIN RES 
INC COM        Equity 354613101     1,157,925.36     41,178.0000    X           5          41,178.0000
FREEPORT 
MCMORAN C & G
INC CL A       Equity 35671D105       453,818.75     44,275.0000    X           6                          41,775.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                    Market Value  310,614,467.31
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 32             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
                                                                     X          6                                         2,500.0000
FREEPORT 
COPPER & GOLD 
CV PFD A       Equity 35671D501  8,435,975.00     531,400.0000       X          6                      531,400.0000
FREEPORT 
MCMORAN 
COPPER & 
GOLD B         Equity 35671D857    137,962.04      12,692.0000       X          5        12,692.0000
                                73,938,718.30   6,802,090.0000       X          6                    4,855,322.0000
                                                                     X          6                                     1,946,768.0000
FRIEDMAN 
BILLINGS GRP   Equity 358433100     67,582.38      10,102.0000       X          5        10,102.0000
FRONTIER CORP-
ORATION COM    Equity 35906P105  1,263,501.33      24,359.0000       X          5        24,359.0000
FURNITURE 
BRANDS INTL 
COM            Equity 360921100 20,210,302.50     913,460.0000       X          1       835,360.0000
                                                                     X          1                                        78,100.0000
                                   183,792.38       8,307.0000       X          5         8,307.0000
G & K SVCS INC 
CL A           Equity 361268105    312,660.11       6,769.0000       X          5         6,769.0000
GATX CORP COM  Equity 361448103 12,058,418.75     366,100.0000       X          3       144,518.0000
                                                                     X          3                      221,582.0000
                                    73,780.00       2,240.0000       X          5         2,240.0000
GP STRATEGIES 
CORP           Equity 36225V104  5,874,362.50     330,950.0000       X          6                      330,950.0000
GPU INC COM    Equity 36225X100  3,834,908.35     102,785.0000       X          5       102,785.0000
GTE CORP COM   Equity 362320103 41,079,500.00     679,000.0000       X          1       656,000.0000
                                                                     X          1                                        23,000.0000
                                47,078,075.00     778,150.0000       X          3       554,442.0000
                                                                     X          3                      223,708.0000
                                20,755,856.00     343,072.0000       X          5       343,072.0000
GALILEO INTL 
INC COM        Equity 363547100 13,099,853.25     270,798.0000       X          1       247,798.0000
                                                                     X          1                                        23,000.0000
                                   139,223.25       2,878.0000       X          5         2,878.0000
GALLAGHER 
ARTHUR J &CO 
COM            Equity 363576109  6,444,600.00     140,100.0000       X          3        72,000.0000
                                                                     X          3                       68,100.0000
                                   176,180.00       3,830.0000       X          5         3,830.0000
GANNETT INC 
COM            Equity 364730101 40,320,000.00     640,000.0000       X          1       617,700.0000
                                                                     X          1                                        22,300.0000
                                 5,752,845.00      91,315.0000       X          5        91,315.0000
GAP INC 
DEL COM        Equity 364760108 50,551,687.50     751,000.0000       X          1       725,700.0000
                                                                     X          1                                        25,300.0000
                                 6,061,961.81      90,057.0000       X          5        90,057.0000
GARTNER GROUP 
INC-CL A       Equity 366651107     13,265.28         588.0000       X          5           588.0000
                                 1,983,024.00      87,900.0000       X          6                       87,900.0000
GATEWAY 2000 
INC COM        Equity 367833100 35,583,937.50     519,000.0000       X          1       501,500.0000
                                                                     X          1                                        17,500.0000
                                   785,177.75      11,452.0000       X          5        11,452.0000
GENCORP INC 
COM            Equity 368682100  6,363,000.00     353,500.0000       X          1       336,600.0000
                                                                     X          1                                        16,900.0000
                                 6,235,200.00     346,400.0000       X          3       182,700.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                 Market Value  408,815,349.98
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 33             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
                                                                    X           3                        163,700.0000
                                       38,358.00     2,131.0000     X           5         2,131.0000
GENERAL CABLE 
DEL NEW COM    Equity 369300108     3,447,600.00   326,400.0000     X           3       221,700.0000
                                                                    X           3                        104,700.0000
                                      159,229.69    15,075.0000     X           5        15,075.0000
GENERAL 
DYNAMICS CORP  Equity 369550108    36,559,021.00   569,012.0000     X           1       539,512.0000
                                                                    X           1                                        29,500.0000
                                        6,489.25       101.0000     X           2           101.0000
                                   11,687,910.25   181,913.0000     X           5       181,913.0000
                                   64,378,500.00 1,002,000.0000     X           6                      1,002,000.0000
GENERAL 
ELECTRIC CO.   Equity 369604103    37,866,937.50   342,300.0000     X           1       330,800.0000
                                                                    X           1                                        11,500.0000
                                      112,948.13     1,021.0000     X           2         1,021.0000
                                   49,006,875.00   443,000.0000     X           5       443,000.0000
                                  201,631,762.50 1,822,660.0000     X           6                      1,381,085.0000
                                                                    X           6                                       441,575.0000
GENERAL 
INSTRUMENTS 
CORP           Equity 370120107       514,451.63    16,973.0000     X           5        16,973.0000
                                    3,646,293.00   120,300.0000     X           6                         90,600.0000
                                                                    X           6                                        29,700.0000
GENERAL MILLS 
INC COM        Equity 370334104     6,951,368.88    91,998.0000     X           5        91,998.0000
GENERAL MOTORS 
CORP COM       Equity 370442105    41,986,200.00   482,600.0000     X           1       466,400.0000
                                                                    X           1                                        16,200.0000
                                   46,369,347.00   532,981.0000     X           2       492,081.0000
                                                                    X           2                                        40,900.0000
                                   16,238,202.00   186,646.0000     X           5       186,646.0000
GENERAL 
NUTRITION COS 
COM            Equity 37047F103       153,118.00    10,937.0000     X           5        10,937.0000
GENERAL 
SEMICONDUCTOR 
CORP           Equity 370787103    14,212,755.00 1,960,380.0000     X           6                      1,960,380.0000
GENTEX CORP 
COM            Equity 371901109       393,620.92    18,257.0000     X           5        18,257.0000
GENESIS 
MICROCHIP INC  Equity 371933102     9,951,250.00   419,000.0000     X           2       282,000.0000
                                                                    X           2                                       137,000.0000
GENUINE PARTS 
CO COM         Equity 372460105       693,226.22    24,062.0000     X           5        24,062.0000
GENZYME CORP 
COM GENL DIV   Equity 372917104       443,821.56     8,799.0000     X           5         8,799.0000
GEORGIA PAC 
CORP COM       Equity 373298108     3,420,400.50    46,066.0000     X           5        46,066.0000
GEORGIA PAC 
CORP 
COM-TIMBER GRP Equity 373298702    13,123,693.75   584,900.0000     X           3       231,488.0000
                                                                    X           3                        353,412.0000
                                      122,800.44     5,473.0000     X           5         5,473.0000
GIBRALTAR STL 
CORP COM       Equity 37476F103       247,256.00    12,400.0000     X           5        12,400.0000
GILEAD 
SCIENCES INC 
COM            Equity 375558103       509,281.50    11,193.0000     X           5        11,193.0000
GILLETTE CO 
COM            Equity 375766102     9,937,950.00   167,200.0000     X           2       140,500.0000
                                                                    X           2                                        26,700.0000
                                    8,623,311.38   145,082.0000     X           5       145,082.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                    Market Value  582,433,979.09
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 34             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
GLEASON CORP   Equity 377339106     5,694,387.50    336,200.0000    X           3       173,200.0000
                                                                    X           3                       163,000.0000
                                        1,304.19         77.0000    X           5            77.0000
GLIMCHER RLTY 
TR SH BEN INT  Equity 379302102     6,448,625.00    448,600.0000    X           3       234,500.0000
                                                                    X           3                       214,100.0000
                                       12,305.00        856.0000    X           5           856.0000
GLOBAL INDS 
LTD COM        Equity 379336100     6,075,000.00    600,000.0000    X           2       349,200.0000
                                                                    X           2                                       250,800.0000
                                       92,674.13      9,153.0000    X           5         9,153.0000
GLOBAL MARINE 
INC COM        Equity 379352404       129,731.75     11,041.0000    X           5        11,041.0000
GLOBAL 
TELESYSTEMS 
GROUP          Equity 37936U104     5,314,062.50     95,000.0000    X           2        67,700.0000
                                                                    X           2                                        27,300.0000
                                      111,091.88      1,986.0000    X           5         1,986.0000
GOLDEN ST 
BANCORP INC 
COM            Equity 381197102    10,194,950.00    458,200.0000    X           2       270,900.0000
                                                                    X           2                                       187,300.0000
                                    1,349,618.25     60,657.0000    X           5        60,657.0000
GOLDEN STATE 
BANCRP - 
WARRANTS       Equity 381197136     2,461,619.16    508,200.0000    X           2       270,900.0000
                                                                    X           2                                       237,300.0000
GOLDEN WEST 
FINL DEL COM   Equity 381317106     3,829,836.50     40,103.0000    X           5        40,103.0000
GOODRICH B F 
CO COM         Equity 382388106    12,472,593.75    363,500.0000    X           3       142,028.0000
                                                                    X           3                       221,472.0000
                                    3,540,398.06    103,181.0000    X           5       103,181.0000
GOODYEAR 
TIRE & RUBR 
COM            Equity 382550101     2,235,970.90     44,890.0000    X           5        44,890.0000
GRACE W R & 
CO DEL COM     Equity 38388F108       333,918.12     27,551.0000    X           5        27,551.0000
GRACO INC      Equity 384109104        50,738.00      2,300.0000    X           5         2,300.0000
                                    3,189,876.00    144,600.0000    X           6                       144,600.0000
GRAINGER W W 
INC COM        Equity 384802104       384,741.10      8,935.0000    X           5         8,935.0000
GREENBRIER 
COS INC COM    Equity 393657101     2,609,650.00    274,700.0000    X           1       274,700.0000
GREENPOINT 
FINL CORP COM  Equity 395384100     4,988,188.75    143,545.0000    X           5       143,545.0000
GROUP 1 
AUTOMOTIVE 
INC COM        Equity 398905109     2,377,650.00     96,800.0000    X           1        96,800.0000
GUCCI INC.     Equity 401566104     3,453,450.00     42,900.0000    X           2        28,400.0000
                                                                    X           2                                        14,500.0000
GUIDANT CORP 
COM            Equity 401698105    46,470,050.00    768,100.0000    X           1       741,500.0000
                                                                    X           1                                        26,600.0000
                                   32,542,224.00    537,888.0000    X           2       462,888.0000
                                                                    X           2                                        75,000.0000
                                    3,043,210.50     50,301.0000    X           5        50,301.0000
GUILFORD 
MILLS INC      Equity 401794102     4,469,062.50    510,750.0000    X           3       320,250.0000
                                                                    X           3                       190,500.0000
                                        1,750.00        200.0000    X           5           200.0000
                                    9,010,706.25  1,029,795.0000    X           6                     1,029,795.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                    Market Value  172,889,383.78
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 35             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
GULFSTREAM 
AEROSPACE COM  Equity 402734107      387,207.36      8,928.0000     X           5         8,928.0000
HCC INS HLDGS 
INC COM        Equity 404132102      209,671.00     10,892.0000     X           5        10,892.0000
HCR MANOR CARE 
INC            Equity 404134108      234,714.90     10,290.0000     X           5        10,290.0000
HIE INC.       Equity 40419W100    1,125,000.00    250,000.0000     X           2       250,000.0000
HEALTH&
RETIREMNT 
PPTYS COM 
SH BE          Equity 40426W101   11,652,525.00    863,150.0000     X           3       336,112.0000
                                                                    X           3                        527,038.0000
                                   2,523,042.00    186,892.0000     X           5       186,892.0000
HUBCO INC COM  Equity 404382103   11,058,843.75    329,500.0000     X           1       288,200.0000
                                                                    X           1                                        41,300.0000
                                   6,782,981.25    202,100.0000     X           3       106,600.0000
                                                                    X           3                         95,500.0000
                                     266,184.19      7,931.0000     X           5         7,931.0000
HA-LO INDS 
INC COM        Equity 404429102   11,316,209.44    919,083.0000     X           1       828,846.0000
                                                                    X           1                                        90,237.0000
                                      20,931.25      1,700.0000     X           5         1,700.0000
HAIN FOOD 
GROUP INC COM  Equity 405219106    3,560,700.00    215,800.0000     X           1       215,800.0000
HALLIBURTON 
CO COM         Equity 406216101    2,652,688.50     68,901.0000     X           5        68,901.0000
HANNA (M A)
CO             Equity 410522106       11,593.05        905.0000     X           5           905.0000
                                   5,240,571.00    409,100.0000     X           6                        409,100.0000
HANOVER 
COMPRESSOR CO 
COM            Equity 410768105    6,678,000.00    252,000.0000     X           2       188,000.0000
                                                                    X           2                                        64,000.0000
                                     105,682.00      3,988.0000     X           5         3,988.0000
HANSEN NAT 
CORP COM       Equity 411310105      645,312.50    175,000.0000     X           1       175,000.0000
HAPPY KIDS 
INC.           Equity 411391105    1,350,000.00    135,000.0000     X           2       135,000.0000
HARCOURT GEN 
INC COM        Equity 41163G101      336,844.62      7,602.0000     X           5         7,602.0000
HARDINGE BROS 
INC COM        Equity 412324303      467,537.50     33,100.0000     X           3                         33,100.0000
HARKEN ENERGY 
CORP COM       Equity 412552101       22,218.30     13,715.0000     X           5        13,715.0000
HARLEY 
DAVIDSON INC 
COM            Equity 412822108   43,094,362.50    751,100.0000     X           1       725,800.0000
                                                                    X           1                                        25,300.0000
                                   4,033,462.50     70,300.0000     X           2        46,500.0000
                                                                    X           2                                        23,800.0000
                                   5,126,398.88     89,349.0000     X           5        89,349.0000
HARMAN INTL 
INDUSTRIES 
INC            Equity 413086109    6,170,325.00    167,900.0000     X           3        90,600.0000
                                                                    X           3                         77,300.0000
                                     157,914.75      4,297.0000     X           5         4,297.0000
                                  17,442,174.75    474,617.0000     X           6                        474,617.0000
HARMON INDS 
INC NEW COM    Equity 413136102    2,387,437.50    119,000.0000     X           1       119,000.0000
                                       6,018.75        300.0000     X           5           300.0000
HARRAHS 
ENTERTAINMENT 
INC            Equity 413619107    2,490,208.06    130,651.0000     X           5       130,651.0000
                                 157,950,029.40  8,286,990.0000     X           6                      6,826,290.0000
                                                                    X           6                                     1,460,700.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                   Market Value  305,506,789.69
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 36             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
HARRIS CORP 
DEL COM        Equity 413875105  25,550,675.00     892,600.0000      X          3        592,278.0000
                                                                     X          3                       300,322.0000
                                    362,764.63      12,673.0000      X          5         12,673.0000
HARTFORD FINL 
SVCS COM       Equity 416515104  37,047,431.25     652,100.0000      X          1        630,200.0000
                                                                     X          1                                        21,900.0000
                                      4,204.13          74.0000      X          2             74.0000
                                  1,488,260.25      26,196.0000      X          5         26,196.0000
HARTFORD LIFE 
INC CL A       Equity 416592103  14,245,000.00     259,000.0000      X          2        259,000.0000
                                     53,020.00         964.0000      X          5            964.0000
HASBRO INC 
COM            Equity 418056107  27,769,871.88     959,650.0000      X          1        880,450.0000
                                                                     X          1                                        79,200.0000
                                 21,724,828.13     750,750.0000      X          2        699,450.0000
                                                                     X          2                                        51,300.0000
                                  6,642,255.88     229,538.0000      X          5        229,538.0000
HAVERTY 
FURNITURE COS  Equity 419596101   2,885,137.50     113,700.0000      X          1        113,700.0000
                                  6,726,912.50     265,100.0000      X          3        139,000.0000
                                                                     X          3                       126,100.0000
HEALTHSOUTH 
CORP COM       Equity 421924101   1,012,443.84      97,632.0000      X          5         97,632.0000
HEALTH MGMT 
ASSOC INC CL A Equity 421933102  18,497,255.16   1,517,723.5000      X          1      1,444,711.5000
                                                                     X          1                                        73,012.0000
                                    273,158.44      22,413.0000      X          5         22,413.0000
HEALTH CARE 
REIT INC COM   Equity 42217K106   4,261,300.00     198,200.0000      X          1        172,400.0000
                                                                     X          1                                        25,800.0000
                                     43,645.00       2,030.0000      X          5          2,030.0000
HEICO CORP 
NEW COM        Equity 422806109   3,304,800.00     137,700.0000      X          1        137,700.0000
HEICO CORP 
NEW CL A       Equity 422806208   1,866,037.50      87,300.0000      X          1         87,300.0000
H J HEINZ CO   Equity 423074103  35,943,412.50     758,700.0000      X          1        733,300.0000
                                                                     X          1                                        25,400.0000
                                      7,437.88         157.0000      X          2            157.0000
                                  2,291,102.38      48,361.0000      X          5         48,361.0000
                                102,623,961.88   2,166,205.0000      X          6                     1,690,355.0000
                                                                     X          6                                       475,850.0000
HELMERICH & 
PAYNE INC COM  Equity 423452101   6,468,206.25     285,100.0000      X          3        143,200.0000
                                                                     X          3                       141,900.0000
                                    209,133.38       9,218.0000      X          5          9,218.0000
HERCULES INC   Equity 427056106     124,861.25       4,945.0000      X          5          4,945.0000
                                189,401,083.25   7,501,033.0000      X          6                     6,044,633.0000
                                                                     X          6                                     1,456,400.0000
HERSHEY FOODS 
CORP COM       Equity 427866108     991,084.74      17,679.0000      X          5         17,679.0000
HERTZ CORP 
CL A           Equity 428040109  33,603,992.00     628,112.0000      X          1        576,412.0000
                                                                     X          1                                        51,700.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                Market Value    545,423,276.55
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 37             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
                                       53,500.00      1,000.0000    X           5         1,000.0000
HEWLETT 
PACKARD CO 
COM            Equity 428236103        27,192.81        401.0000    X           2           401.0000
                                   11,258,570.31    166,025.0000    X           5       166,025.0000
HIGHWOODS 
PPTYS INC COM  Equity 431284108     8,619,162.50    365,800.0000    X           1       319,900.0000
                                                                    X           1                                        45,900.0000
                                       18,378.75        780.0000    X           5           780.0000
HILLENBRAND 
INDS INC COM   Equity 431573104       228,686.69      4,951.0000    X           5         4,951.0000
HILTON HOTELS 
CORP COM       Equity 432848109       223,905.50     15,925.0000    X           5        15,925.0000
HOLLINGER 
INTERNATIONAL
INC CL A       Equity 435569108       209,488.44     15,449.0000    X           5        15,449.0000
                                   47,189,342.40  3,480,040.0000    X           6                      3,361,540.0000
                                                                    X           6                                       118,500.0000
HOLLYWOOD 
ENTMT CORP 
COM            Equity 436141105    10,057,500.00    540,000.0000    X           2       487,800.0000
                                                                    X           2                                        52,200.0000
                                       53,006.75      2,846.0000    X           5         2,846.0000
HOME DEPOT 
INC COM        Equity 437076102    54,344,250.00    873,000.0000    X           1       843,500.0000
                                                                    X           1                                        29,500.0000
                                   57,283,570.51    920,218.0002    X           2       789,718.0002
                                                                    X           2                                       130,500.0000
                                   14,007,930.75    225,027.0000    X           5       225,027.0000
HOMESTAKE MNG 
CO COM         Equity 437614100       179,968.36     20,878.0000    X           5        20,878.0000
HOMESTEAD 
VILLAGE INC    Equity 437851108     2,069,091.38    848,858.0000    X           6                        721,850.0000
                                                                    X           6                                       127,008.0000
HONEYWELL INC 
COM            Equity 438506107    34,077,718.75    449,500.0000    X           1       434,200.0000
                                                                    X           1                                        15,300.0000
                                        2,956.69         39.0000    X           2            39.0000
                                    1,285,173.50     16,952.0000    X           5        16,952.0000
HOOPER HOMES 
INC            Equity 439104100    13,498,437.50    863,900.0000    X           1       756,400.0000
                                                                    X           1                                       107,500.0000
                                        6,687.50        428.0000    X           5           428.0000
HORACE MANN 
EDUCATORS CORP Equity 440327104        68,827.92      2,968.0000    X           5         2,968.0000
                                    4,426,971.00    190,900.0000    X           6                        190,900.0000
HORMEL FOODS 
CORP COM       Equity 440452100     1,995,539.26     56,023.0000    X           5        56,023.0000
HOST MARRIOTT 
CORP COM       Equity 44107P104     3,447,733.76    310,048.0000    X           5       310,048.0000
HOUSEHOLD 
INTERNATIONAL
INC            Equity 441815107    37,334,937.50    818,300.0000    X           1       790,900.0000
                                                                    X           1                                        27,400.0000
                                    2,177,863.75     47,734.0000    X           5        47,734.0000
                                  487,994,962.50 10,695,780.0000    X           6                      9,581,060.0000
                                                                    X           6                                     1,114,720.0000
HOWMET INTL 
INC COM        Equity 443208103     2,606,306.25    182,100.0000    X           1       182,100.0000
HUBBELL INC 
CL B           Equity 443510201    14,072,000.00    351,800.0000    X           3       136,178.0000
                                                                    X           3                        215,622.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                    Market Value  808,819,661.03
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 38             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
                                      359,760.00      8,994.0000    X           5         8,994.0000
HUGHES SUPPLY 
INC COM        Equity 444482103     7,075,250.00    311,000.0000    X           3       158,400.0000
                                                                    X           3                        152,600.0000
                                       31,918.25      1,403.0000    X           5         1,403.0000
HUMANA INC 
COM            Equity 444859102       274,413.00     15,908.0000    X           5        15,908.0000
HUNT JB TRANS 
SVC INC COM    Equity 445658107     3,080,700.00    146,700.0000    X           1       128,300.0000
                                                                    X           1                                        18,400.0000
                                       77,322.00      3,682.0000    X           5         3,682.0000
HUNTINGTON 
BANCSHARES 
COM            Equity 446150104    19,246,218.75    622,100.0000    X           1       572,000.0000
                                                                    X           1                                        50,100.0000
                                      664,197.19     21,469.0000    X           5        21,469.0000
HUSSMAN 
INTERNATIONAL 
INC            Equity 448110106        93,457.78      6,362.0000    X           5         6,362.0000
                                    1,147,289.00     78,100.0000    X           6                         78,100.0000
IBP INC COM    Equity 449223106    16,146,012.50    866,900.0000    X           3       732,500.0000
                                                                    X           3                        134,400.0000
                                      131,138.63      7,041.0000    X           5         7,041.0000
ENBRIDGE INC   Equity 449911106       227,419.50      5,082.0000    X           5         5,082.0000
IMS HEALTH 
INC COM        Equity 449934108     7,976,500.00    240,800.0000    X           2       173,400.0000
                                                                    X           2                                        67,400.0000
                                    2,271,580.00     68,576.0000    X           5        68,576.0000
ITC DELTACOM 
INC            Equity 45031T104     6,543,750.00    300,000.0000    X           2        49,400.0000
                                                                    X           2                                       250,600.0000
                                       43,406.88      1,990.0000    X           5         1,990.0000
ITT 
EDUCATIONAL 
SERVICES INC   Equity 45068B109     6,047,562.50    161,000.0000    X           2        71,900.0000
                                                                    X           2                                        89,100.0000
                                      111,861.13      2,978.0000    X           5         2,978.0000
                                    9,236,618.75    245,900.0000    X           6                        245,900.0000
ITT INDUSTRIES 
INC            Equity 450911102     1,513,517.67     42,791.0000    X           5        42,791.0000
                                  210,310,020.00  5,946,000.0000    X           6                      5,858,700.0000
                                                                    X           6                                       87,300.0000
IDEXX LABS 
CORP COM       Equity 45168D104     8,521,750.00    356,000.0000    X           2       300,000.0000
                                                                    X           2                                       56,000.0000
                                      126,318.19      5,277.0000    X           5         5,277.0000
ILLINOIS TOOL 
WKS INC COM    Equity 452308109     2,233,816.35     36,105.0000    X           5        36,105.0000
IMPAC MORTGAGE 
HOLDINGS INC   Equity 45254P102       325,155.00     65,031.0000    X           5        65,031.0000
IMPERIAL OIL 
LTD COM NEW    Equity 453038408       220,893.36     11,553.0000    X           5        11,553.0000
INCO LTD COM   Equity 453258402       158,016.32     11,872.0000    X           5        11,872.0000
INMC MTN HLDGS 
INC COM        Equity 456607100       663,265.66     61,018.0000    X           5        61,018.0000
INFORMIX CORP 
COM            Equity 456779107       114,566.65     15,545.0000    X           5        15,545.0000
INGERSOLL RAND 
CO COM         Equity 456866102    10,118,262.30    203,915.0000    X           5       203,915.0000
INSIGHT 
ENTERPRISES 
COM            Equity 45765U103       228,591.00      9,236.0000    X           5         9,236.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                    Market Value  315,320,548.34
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 39             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
INSITUFORM 
TECH INC CL A  Equity 457667103     217,927.50      12,453.0000      X          5        12,453.0000
INNKEEPERS USA 
TR COM         Equity 4576J0104   5,942,306.25     638,100.0000      X          3       336,300.0000
                                                                     X          3                       301,800.0000
                                     14,620.63       1,570.0000      X          5         1,570.0000
INTEGRATED 
HEALTH 
SVCS COM       Equity 45812C106     148,995.00      27,090.0000      X          5         27,090.0000
INTEL CORP     Equity 458140100  16,440,412.50     138,300.0000      X          1        133,600.0000
                                                                     X          1                                         4,700.0000
                                 55,064,326.50     463,212.0000      X          2        398,612.0000
                                                                     X          2                                        64,600.0000
                                 29,519,634.38     248,325.0000      X          5        248,325.0000
                                229,141,785.75   1,927,586.0000      X          6                     1,490,086.0000
                                                                     X          6                                       437,500.0000
INTELLIGROUP 
INC COM        Equity 45816A106   1,817,950.00     282,400.0000      X          1        282,400.0000
INTERIM 
SERVICES INC   Equity 45868P100      40,140.00       2,676.0000      X          5          2,676.0000
                                    150,000.00      10,000.0000      X          6                        10,000.0000
INTERMET CORP 
COM            Equity 45881K104   6,979,075.00     521,800.0000      X          3        269,100.0000
                                                                     X          3                       252,700.0000
                                      1,163.63          87.0000      X          5             87.0000
INTERNATIONAL 
BUS MACH COM   Equity 459200101  45,287,375.00     255,500.0000      X          1        246,900.0000
                                                                     X          1                                         8,600.0000
                                 11,185,893.00      63,108.0000      X          2         63,108.0000
                                 72,528,218.50     409,186.0000      X          5        409,186.0000
INTERNATIONAL 
FLAVORS & 
FRAG INC       Equity 459506101       9,315.50         248.0000      X          2           248.0000
                                    279,465.00       7,440.0000      X          5         7,440.0000
                                 23,908,531.25     636,500.0000      X          6                       636,500.0000
INTL PAPER 
CO COM         Equity 460146103   3,480,379.67      82,493.0000      X          5        82,493.0000
INTL SPECIALTY 
PRODS COM      Equity 460337108     169,260.84      22,389.0000      X          5        22,389.0000
INTL TELECOMM 
DATA SYSTM
INCCOM         Equity 46047F104   9,787,387.50     790,900.0000      X          1       688,000.0000
                                                                     X          1                                       102,900.0000
INTERPOOL INC  Equity 46062R108   9,618,885.00     712,510.0000      X          6                       712,510.0000
INTERPUBLIC 
GROUP COS COM  Equity 460690100   1,013,789.53      13,019.0000      X          5        13,019.0000
INTERSTATE 
BAKERIES COM   Equity 46072H108   1,057,884.52      49,067.0000      X          5        49,067.0000
INTRAV INC COM Equity 460930100   2,114,437.50     125,300.0000      X          1       125,300.0000
INTIMATE 
BRANDS INC 
CL A           Equity 461156101  32,765,473.13     680,841.0000      X          1       624,641.0000
                                                                     X          1                                        56,200.0000
                                 12,276,687.50     255,100.0000      X          2       182,000.0000
                                                                     X          2                                        73,100.0000
                                 13,138,125.00     273,000.0000      X          3       106,656.0000
                                                                     X          3                       166,344.0000
                                     32,195.63         669.0000      X          5           669.0000
INTUIT COM     Equity 461202103   3,917,375.00      38,500.0000      X          2        25,500.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                 Market Value   588,049,016.18
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 40             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
                                                                    X             2                                      13,000.0000
                                     362,128.25      3,559.0000     X             5       3,559.0000
INVACARE CORP 
COM            Equity 461203101    7,026,312.50    289,000.0000     X             3     133,200.0000
                                                                    X             3                     155,800.0000
                                      57,401.81      2,361.0000     X             5       2,361.0000
IPALCO 
ENTERPRISES 
INC COM        Equity 462613100   31,923,450.00  1,455,200.0000     X             1   1,329,600.0000
                                                                    X             1                                     125,600.0000
                                     103,237.88      4,706.0000     X             5       4,706.0000
I2 
TECHNOLOGIES 
INC COM        Equity 465754109      287,172.00     10,800.0000     X             5      10,800.0000
IVAX CORP COM  Equity 465823102      135,224.50     11,450.0000     X             5      11,450.0000
JABIL CIRCUIT 
INC            Equity 466313103      137,214.00      3,388.0000     X             5       3,388.0000
                                   3,207,600.00     79,200.0000     X             6                      79,200.0000
JACOR 
COMMUNICATIONS 
CL A           Equity 469858401    5,434,000.00     71,500.0000     X             2      53,200.0000
                                                                    X             2                                      18,300.0000
                                     159,144.00      2,094.0000     X             5       2,094.0000
JAKKS PAC 
INC COM        Equity 47012E106    1,757,500.00     95,000.0000     X             1      95,000.0000
JAVELIN 
SYSTEMS INC    Equity 471896100    2,425,000.00    200,000.0000     X             2      65,300.0000
                                                                    X             2                                     134,700.0000
JEFFERSON 
PILOT CORP COM Equity 475070108      681,090.75     10,053.0000     X             5      10,053.0000
JOHN NUVEEN 
COMPANY        Equity 478035108    1,189,250.00     28,400.0000     X             1      28,400.0000
                                       1,088.75         26.0000     X             5          26.0000
JOHNS MANVILLE 
CP NEW COM     Equity 478129109      371,961.75     21,563.0000     X             5      21,563.0000
JOHNSON & 
JOHNSON COM    Equity 478160104       38,709.00        414.0000     X             2         414.0000
                                  18,103,002.50    193,615.0000     X             5     193,615.0000
JOHNSON CTLS 
INC COM        Equity 478366107   50,080,887.50    802,900.0000     X             1     775,400.0000
                                                                    X             1                                      27,500.0000
                                   5,514,324.25     88,406.0000     X             5      88,406.0000
JOHNSTOWN AMER 
INDS INC COM   Equity 479477101    3,180,275.00    213,800.0000     X             1     213,800.0000
JONES APPAREL 
GROUP COM      Equity 480074103      375,597.42     13,443.0000     X             5      13,443.0000
JONES PHARMA 
INC            Equity 480236108    8,687,500.00    250,000.0000     X             2     230,000.0000
                                                                    X             2                                      20,000.0000
                                     104,250.00      3,000.0000     X             5       3,000.0000
JOSTENS INC 
COM            Equity 481088102    6,576,875.00    309,500.0000     X             3     153,000.0000
                                                                    X             3                     156,500.0000
                                     148,452.50      6,986.0000     X             5       6,986.0000
KLA-TENCOR 
CORP COM       Equity 482480100    7,274,662.50    149,800.0000     X             2     107,600.0000
                                                                    X             2                                      42,200.0000
                                     405,351.19      8,347.0000     X             5       8,347.0000
K MART CORP 
COM            Equity 482584109        3,009.44        179.0000     X             2         179.0000
                                   3,048,930.06    181,349.0000     X             5     181,349.0000
K-SWISS INC    
CL A           Equity 482686102    5,151,000.00    204,000.0000     X             1     204,000.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                   Market Value  163,951,602.55
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 41             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
KAMAN CORP 
CL A           Equity 483548103    6,283,250.00    490,400.0000     X             3     265,900.0000
                                                                    X             3                     224,500.0000
                                      14,285.94      1,115.0000     X             5       1,115.0000
KANSAS CITY 
SOUTHN IND COM Equity 485170104    7,817,721.00    137,153.0000     X             5     137,153.0000
KAUFMAN&BROAD 
HOME CP COM    Equity 486168107    4,040,943.75    179,100.0000     X             1     155,700.0000
                                                                    X             1                                      23,400.0000
                                     227,226.94     10,071.0000     X             5      10,071.0000
KEEBLER FOODS 
CO             Equity 487256109   11,709,200.00    320,800.0000     X             1     280,700.0000
                                                                    X             1                                      40,100.0000
                                      73,328.50      2,009.0000     X             5       2,009.0000
                                  19,983,750.00    547,500.0000     X             6                     547,500.0000
KELLOGG CO COM Equity 487836108      936,503.19     27,699.0000     X             5      27,699.0000
KELLSTROM INDS 
INC COM        Equity 488035106    6,264,275.00    394,600.0000     X             1     343,600.0000
                                                                    X             1                                      51,000.0000
KELLY SVCS 
INC CL A       Equity 488152208    7,026,300.00    253,200.0000     X             3     130,500.0000
                                                                    X             3                     122,700.0000
                                      19,425.00        700.0000     X             5         700.0000
KEMET CORP     Equity 488360108       33,488.00      2,912.0000     X             5       2,912.0000
                                   6,941,227.50    603,585.0000     X             6                     603,585.0000
KERR MCGEE 
CORP COM       Equity 492386107   31,844,531.25    970,500.0000     X             3     618,480.0000
                                                                    X             3                     352,020.0000
                                     195,660.94      5,963.0000     X             5       5,963.0000
KEYCORP NEW 
COM            Equity 493267108    4,168,473.68    137,528.0000     X             5     137,528.0000
KEYSPAN ENERGY 
CORP COM       Equity 49337K106      351,654.88     13,999.0000     X             5      13,999.0000
KIMBALL INTL 
INC CL B       Equity 494274103    6,188,000.00    416,000.0000     X             3     215,100.0000
                                                                    X             3                     200,900.0000
                                      31,237.50      2,100.0000     X             5       2,100.0000
KIMBERLY CLARK 
CORP           Equity 494368103   30,298,896.88    632,050.0000     X             3     420,913.0000
                                                                    X             3                     211,137.0000
                                   2,882,194.25     60,124.0000     X             5      60,124.0000
                                 205,674,309.75  4,290,468.0000     X             6                   3,182,862.0000
                                                                    X             6                                   1,107,606.0000
KING WORLD 
PRODTNS INC 
COM            Equity 495667107   18,582,000.00    608,000.0000     X             3     498,300.0000
                                                                    X             3                     109,700.0000
                                     704,251.69     23,043.0000     X             5      23,043.0000
KNOLL INC COM  Equity 498904101      296,769.48     12,054.0000     X             5      12,054.0000
KNIGHT RIDDER 
INC COM        Equity 499040103    4,373,750.00     87,475.0000     X             5      87,475.0000
KNIGHT TRIMARK 
GROUP          Equity 499067106    4,958,000.00     74,000.0000     X             1      64,500.0000
                                                                    X             1                                       9,500.0000
                                   7,718,400.00    115,200.0000     X             2      83,600.0000
                                                                    X             2                                      31,600.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                   Market Value  389,639,055.11
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 42             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
KOALA CORP 
COM            Equity 499866101    2,350,975.00    113,300.0000     X             1     113,300.0000
KOHLS CORP 
COM            Equity 500255104    5,185,628.77     73,171.0000     X             5      73,171.0000
KROGER CO COM  Equity 501044101   44,008,125.00    735,000.0000     X             1     710,200.0000
                                                                    X             1                                      24,800.0000
                                   5,238,882.88     87,497.0000     X             5      87,497.0000
LG&E ENERGY 
CORP COM       Equity 501917108    2,308,765.45    110,945.0000     X             5     110,945.0000
LTV CORP NEW 
COM            Equity 501921100      183,014.97     34,081.0000     X             5      34,081.0000
LSI LOGIC CORP 
COM            Equity 502161102      385,196.50     12,350.0000     X             5      12,350.0000
L-3 
COMMUNICATIONS
HOLDING INC    Equity 502424104    4,717,500.00    102,000.0000     X             2      90,000.0000
                                                                    X             2                                      12,000.0000
                                  11,998,175.00    259,420.0000     X             6                     259,420.0000
LABORATORY 
AMER HLDGS COM Equity 50540R102       35,057.75     20,033.0000     X             5      20,033.0000
LAFARGE CORP 
COM            Equity 505862102   20,144,600.00    719,450.0000     X             1     695,250.0000
                                                                    X             1                                      24,200.0000
                                     579,348.00     20,691.0000     X             5      20,691.0000
LAIDLAW INC 
COM            Equity 50730K503      311,770.41     53,661.0000     X             5      53,661.0000
LANDAMERICA 
FINANCIAL
GROUP INC      Equity 514936103       54,085.00      1,865.0000     X             5       1,865.0000
                                     649,600.00     22,400.0000     X             6                      22,400.0000
LASER MORTGAGE 
MGMT           Equity 51806D100      135,771.52     24,958.0000     X             5      24,958.0000
LASER VISION 
CENTERS        Equity 51807H100   14,407,437.50    377,900.0000     X             2     377,900.0000
LASON INC COM  Equity 51808R107    9,506,250.00    169,000.0000     X             2     156,000.0000
                                                                    X             2                                      13,000.0000
                                      69,693.75      1,239.0000     X             5       1,239.0000
LAUDER ESTEE 
COS INC CL A   Equity 518439104   20,241,900.00    214,200.0000     X             2     183,900.0000
                                                                    X             2                                      30,300.0000
                                     273,577.50      2,895.0000     X             5       2,895.0000
LEAR CORP COM  Equity 521865105   30,748,489.25    720,316.0000     X             1     661,316.0000
                                                                    X             1                                      59,000.0000
                                      99,419.19      2,329.0000     X             5       2,329.0000
LEGATO SYS INC 
COM            Equity 524651106   22,143,046.63    428,921.0000     X             1     393,321.0000
                                                                    X             1                                      35,600.0000
                                   1,348,651.50     26,124.0000     X             5      26,124.0000
LEGGETT & 
PLATT INC COM  Equity 524660107      248,720.00     12,436.0000     X             5      12,436.0000
LEHMAN BROS 
HLDGS INC COM  Equity 524908100    3,598,264.50     60,222.0000     X             5      60,222.0000
LENNAR CORP 
COM            Equity 526057104   32,801,548.63  1,465,991.0000     X             1   1,341,391.0000
                                                                    X             1                                     124,600.0000
                                   6,144,175.00    274,600.0000     X             3     150,700.0000
                                                                    X             3                     123,900.0000
                                     117,424.00      5,248.0000     X             5       5,248.0000
LEVEL ONE 
COMMUNICATNS 
COM            Equity 527295109      234,785.98      4,829.0000     X             5       4,829.0000
LEVEL 3 
COMMUNICATIONS 
INC            Equity 52729N100      922,357.08     12,668.0000     X             5      12,668.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                   Market Value  241,192,236.74
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 43             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
LEXMARK INTL 
GROUP INC 
CL A           Equity 529771107   43,015,266.25    384,494.0000     X             1     352,094.0000
                                                                    X             1                                      32,400.0000
                                     733,788.13      6,559.0000     X             5       6,559.0000
LIBERTY FINL 
COS INC COM    Equity 530512102      808,225.80     34,305.0000     X             5      34,305.0000
LIBERTY PPTY 
TR SH BEN INT  Equity 531172104   26,226,340.00  1,263,920.0000     X             1   1,163,720.0000
                                                                    X             1                                     100,200.0000
                                   2,045,763.25     98,591.0000     X             5      98,591.0000
LILLY ELI & 
CO COM         Equity 532457108   21,201,775.00    249,800.0000     X             1     241,500.0000
                                                                    X             1                                       8,300.0000
                                  49,965,912.50    588,700.0000     X             2     503,400.0000
                                                                    X             2                                      85,300.0000
                                  11,525,346.00    135,792.0000     X             5     135,792.0000
LIMITED INC 
COM            Equity 532716107        6,498.50        164.0000     X             2         164.0000
                                   1,152,215.75     29,078.0000     X             5      29,078.0000
LINCOLN NATL 
CORP IND COM   Equity 534187109   10,058,934.93    101,739.0000     X             5     101,739.0000
LINDSAY 
MANUFACTURING 
CO             Equity 535555106      172,630.56      8,688.0000     X             5       8,688.0000
                                   4,681,372.00    235,600.0000     X             6                     235,600.0000
LINEAR 
TECHNOLOGY 
CORP COM       Equity 535678106    5,391,500.00    105,200.0000     X             2      69,400.0000
                                                                    X             2                                      35,800.0000
                                     862,640.00     16,832.0000     X             5      16,832.0000
LINENS N 
THINGS INC COM Equity 535679104      420,489.16      9,268.0000     X             5       9,268.0000
LITTON INDS 
INC COM        Equity 538021106    2,817,651.80     48,530.0000     X             5      48,530.0000
LIZ CLAIBORNE 
COM            Equity 539320101    3,785,355.28    116,044.0000     X             5     116,044.0000
LOCKHEED 
MARTIN CORP    Equity 539830109    4,639,512.75    122,901.0000     X             5     122,901.0000
                                 671,402,436.25 17,785,495.0000     X             6                  15,393,645.0000
                                                                    X             6                                   2,391,850.0000
LOEWS CORP     Equity 540424108   15,245,887.50    204,300.0000     X             3     166,400.0000
                                                                    X             3                      37,900.0000
                                     833,486.63     11,169.0000     X             5      11,169.0000
                                   1,194,000.00     16,000.0000     X             6                                      16,000.0000
LONE STAR INDS 
INC COM NEW    Equity 542290408   12,133,400.00    391,400.0000     X             1     340,200.0000
                                                                    X             1                                      51,200.0000
                                  13,950,000.00    450,000.0000     X             2     394,500.0000
                                                                    X             2                                      55,500.0000
                                   6,795,200.00    219,200.0000     X             3     113,000.0000
                                                                    X             3                     106,200.0000
                                      87,420.00      2,820.0000     X             5       2,820.0000
LONG BEACH 
FINL CORP      Equity 542446109      140,432.76     14,598.0000     X             5      14,598.0000
LOUISIANA PAC 
CORP COM       Equity 546347105    3,034,855.18    162,989.0000     X             5     162,989.0000
LOWES COS INC 
COM            Equity 548661107   50,208,950.00    829,900.0000     X             1     801,300.0000
                                                                    X             1                                      28,600.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                   Market Value  964,537,285.97
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 44             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
                                   2,777,978.50     45,917.0000     X             5      45,917.0000
LUBYS 
CAFETERIAS INC 
COM            Equity 549282101    7,561,687.50    448,100.0000     X             3     208,200.0000
                                                                    X             3                     239,900.0000
                                         523.13         31.0000     X             5          31.0000
LUCASVARITY 
PLC- ADR       Equity 549395101    1,001,960.00     21,664.0000     X             6                      21,664.0000
LUCENT 
TECHNOLOGIES 
COM            Equity 549463107   35,121,600.00    325,200.0000     X             1     314,300.0000
                                                                    X             1                                      10,900.0000
                                  15,639,804.00    144,813.0000     X             5     144,813.0000
LYCOS INC COM  Equity 550818108      286,321.62      3,327.0000     X             5       3,327.0000
LYDALL INC     Equity 550819106    5,780,221.56    695,365.0000     X             6                     695,365.0000
LYONDELL 
PETROCHEMICAL 
COM            Equity 552078107    1,498,178.84    109,436.0000     X             5     109,436.0000
M & T BANK 
CORP           Equity 55261F104       19,639.00         41.0000     X             5          41.0000
                                 264,221,190.00    551,610.0000     X             6                     482,960.0000
                                                                    X             6                                      68,650.0000
MBIA INC COM   Equity 55262C100    5,722,744.00     98,668.0000     X             5      98,668.0000
MBNA CORP COM  Equity 55262L100    2,502,841.11    104,853.0000     X             5     104,853.0000
M D C HLDGS 
INC COM        Equity 552676108    3,475,875.00    241,800.0000     X             1     210,400.0000
                                                                    X             1                                      31,400.0000
                                   5,085,875.00    353,800.0000     X             2     353,800.0000
                                   5,760,062.50    400,700.0000     X             3     208,100.0000
                                                                    X             3                     192,600.0000
MCN ENERGY 
GROUP INC COM  Equity 55267J100    1,801,080.82    112,147.0000     X             5     112,147.0000
MCI WORLDCOM 
INC            Equity 55268B106       23,291.94        263.0000     X             2         263.0000
                                  44,884,892.00    506,816.0000     X             5     506,816.0000
                                 563,168,937.50  6,359,000.0000     X             6                   4,864,450.0000
                                                                    X             6                                   1,494,550.0000
MGIC INVT CORP 
WIS COM        Equity 552848103    1,722,427.68     49,128.0000     X             5      49,128.0000
MMC NETWORKS   Equity 55308N102    8,080,000.00    505,000.0000     X             2     505,000.0000
MSC INDUSTRIAL 
DIRECT CO INC  Equity 553530106       26,129.00      1,537.0000     X             5       1,537.0000
                                   1,543,600.00     90,800.0000     X             6                      90,800.0000
M S CARRIERS 
INC COM        Equity 553533100    1,744,875.00     66,000.0000     X             1      66,000.0000
MTS SYS CORP 
COM            Equity 553777103    5,562,675.00    549,400.0000     X             3     296,800.0000
                                                                    X             3                     252,600.0000
                                       5,052.38        499.0000     X             5         499.0000
MYR GROUP INC 
COM            Equity 554053108    1,396,656.25    119,500.0000     X             1     119,500.0000
MACROVISION    Equity 555904101    7,955,000.00    215,000.0000     X             2     139,000.0000
                                                                    X             2                                      76,000.0000
MACROMEDIA INC Equity 556100105   55,190,625.00  1,218,000.0000     X             2     848,900.0000
                                                                    X             2                                     369,100.0000
                                     294,757.81      6,505.0000     X             5       6,505.0000
MAGELLAN 
HEALTH 
SERVICES INC   Equity 559079108    1,794,615.94    428,565.0000     X             6                     426,765.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                 Market Value  1,051,651,118.07
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 45             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
                                                                    X             6                                       1,800.0000
MAIL-WELL INC 
COM            Equity 560321200    9,992,462.50    747,100.0000     X             1     651,800.0000
                                                                    X             1                                      95,300.0000
                                     145,894.50     10,908.0000     X             5      10,908.0000
MALLINCKRODT 
INC NEW COM    Equity 561232109   27,373,162.50  1,028,100.0000     X             3     668,871.0000
                                                                    X             3                     359,229.0000
                                     191,646.75      7,198.0000     X             5       7,198.0000
MANITOWOC INC 
COM            Equity 563571108   14,563,078.13    347,775.0000     X             1     303,825.0000
                                                                    X             1                                      43,950.0000
                                   6,189,124.99    147,799.9997     X             2     147,799.9997
                                     193,965.00      4,632.0000     X             5       4,632.0000
MARINER 
POST-ACUTE 
NET COM        Equity 568459101       27,009.27     12,333.0000     X             5      12,333.0000
MARKEL CORP    Equity 570535104      137,530.75        763.0000     X             5         763.0000
                                   3,605,000.00     20,000.0000     X             6                      20,000.0000
MARSH & 
MCLENNAN COS 
COM            Equity 571748102    7,340,058.00     98,856.0000     X             5      98,856.0000
MARSHALL & 
ILSLEY CORP 
COM            Equity 571834100      300,595.68      5,422.0000     X             5       5,422.0000
MARRIOTT INTL 
INC NEW CL A   Equity 571903202    2,148,049.04     63,892.0000     X             5      63,892.0000
MARTIN 
MARIETTA 
MATLS COM      Equity 573284106   14,237,093.75    249,500.0000     X             1     218,300.0000
                                                                    X             1                                      31,200.0000
                                  22,083,187.50    387,000.0000     X             2     387,000.0000
                                   3,646,921.44     63,911.0000     X             5      63,911.0000
MASCO CORP COM Equity 574599106    8,872,844.75    314,083.0000     X             5     314,083.0000
MATTEL INC     Equity 577081102      679,290.78     27,237.0000     X             5      27,237.0000
                                 355,431,237.82 14,251,453.0000     X             6                  12,311,000.0000
                                                                    X             6                                   1,940,453.0000
MAXIM 
INTEGRATED 
PRODS COM      Equity 57772K101    3,853,700.00     71,200.0000     X             2      48,300.0000
                                                                    X             2                                      22,900.0000
                                     627,471.13     11,593.0000     X             5      11,593.0000
MAY DEPARTMENT 
STORES CO      Equity 577778103        5,281.88        135.0000     X             2         135.0000
                                   1,665,903.38     42,579.0000     X             5      42,579.0000
                                 821,143,919.00 20,987,704.0000     X             6                  17,527,650.0000
                                                                    X             6                                   3,460,054.0000
MAYTAG CORP 
COM            Equity 578592107   23,490,705.00    389,080.0000     X             1     356,280.0000
                                                                    X             1                                      32,800.0000
                                   7,420,087.50    122,900.0000     X             2     122,900.0000
                                     838,971.00     13,896.0000     X             5      13,896.0000
MCCORMICK & CO 
INC COM NON 
VTG            Equity 579780206   24,335,930.00    839,170.0000     X             1     765,370.0000
                                                                    X             1                                      73,800.0000
                                     103,269.00      3,561.0000     X             5       3,561.0000
MCDERMOTT INTL 
INC COM        Equity 580037109      504,656.09     19,939.0000     X             5      19,939.0000
MCDONALDS CORP Equity 580135101   35,854,421.88    791,270.0000     X             2     678,870.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                 Market Value  1,397,002,468.98
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 46             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
                                                                    X             2                                     112,400.0000
                                   7,635,971.88    168,518.0000     X             5     168,518.0000
                               2,088,199,193.75 46,084,396.0000     X             6                  40,236,601.0000
                                                                    X             6                                   5,847,795.0000
MCGRATH RENT 
CORP COM       Equity 580589109    6,168,500.00    338,000.0000     X             3     183,700.0000
                                                                    X             3                     154,300.0000
MCGRAW HILL 
COS INC COM    Equity 580645109   34,236,900.00    628,200.0000     X             1     606,800.0000
                                                                    X             1                                      21,400.0000
                                   5,530,769.00    101,482.0000     X             5     101,482.0000
MCKESSON HBOC 
INC            Equity 58155Q103    7,939,140.00    120,290.0000     X             5     120,290.0000
MCWHORTER 
TECHNOLOGIES 
INC            Equity 582803102       30,985.50      2,275.0000     X             5       2,275.0000
                                   3,395,874.60    249,330.0000     X             6                     249,330.0000
MEAD CORP      Equity 582834107      220,323.75      7,165.0000     X             5       7,165.0000
                                   7,928,887.50    257,850.0000     X             6                     179,850.0000
                                                                    X             6                                      78,000.0000
MEDALLION FINL 
CORP COM       Equity 583928106      165,509.40     10,990.0000     X             5      10,990.0000
MEDE AMERICA 
CORP.          Equity 584067102    1,281,937.50     64,500.0000     X             2      64,500.0000
MEDIA ARTS 
GROUP INC      Equity 58439C102    1,546,200.00    171,800.0000     X             1     171,800.0000
                                      12,933.00      1,437.0000     X             5       1,437.0000
MEDIAONE GROUP 
INC COM        Equity 58440J104   19,500,687.50    307,400.0000     X             2     307,400.0000
                                   7,651,958.13    120,622.0000     X             5     120,622.0000
MEDICAL 
MANAGER CORP 
COM            Equity 58461C103   10,144,937.50    438,700.0000     X             1     383,000.0000
                                                                    X             1                                      55,700.0000
                                          23.13          1.0000     X             5           1.0000
MEDIMMUNE INC 
COM            Equity 584699102   19,614,737.50    331,400.0000     X             1     304,100.0000
                                                                    X             1                                      27,300.0000
                                     459,827.69      7,769.0000     X             5       7,769.0000
MEDQUIST INC 
COM            Equity 584949101   13,200,000.00    440,000.0000     X             2     235,000.0000
                                                                    X             2                                     205,000.0000
                                     108,240.00      3,608.0000     X             5       3,608.0000
MEDITRUST CORP 
PAIRED CTF NEW Equity 58501T306    1,515,814.00    121,850.0000     X             5     121,850.0000
MEDTRONIC INC 
COM            Equity 585055106    6,893,986.01     95,923.0000     X             5      95,923.0000
MELLON BK CORP 
COM            Equity 585509102    7,818,669.96    111,108.0000     X             5     111,108.0000
MENS WEARHOUSE 
INC COM        Equity 587118100    3,586,275.00    124,200.0000     X             2      82,400.0000
                                                                    X             2                                      41,800.0000
                                     148,071.00      5,128.0000     X             5       5,128.0000
MERCANTILE 
BANCORPORTN 
COM            Equity 587342106      652,365.00     13,734.0000     X             5      13,734.0000
MERCANTILE 
BANKSHARES COM Equity 587405101   27,680,366.00    748,118.0000     X             1     685,618.0000
                                                                    X             1                                      62,500.0000
                                   1,929,402.00     52,146.0000     X             5      52,146.0000
MERCK & CO 
INC COM        Equity 589331107       60,093.75        750.0000     X             2         750.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                 Market Value  2,285,258,580.03
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 47             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
                                  24,142,864.38    301,315.0000     X             5     301,315.0000
MERCURY GENL 
CORP NEW COM   Equity 589400100    2,887,166.26     82,798.0000     X             5      82,798.0000
MEREDITH CORP 
COM            Equity 589433101      240,736.08      7,657.0000     X             5       7,657.0000
MERITOR 
AUTOMOTIVE 
INC COM        Equity 59000G100    5,986,100.00    386,200.0000     X             3     202,400.0000
                                                                    X             3                     183,800.0000
                                      76,508.00      4,936.0000     X             5       4,936.0000
MERITAGE 
CORPORATION    Equity 59001A102    3,613,250.00    298,000.0000     X             1     298,000.0000
MERRILL CORP 
COM            Equity 590175105    6,191,287.50    462,900.0000     X             3     248,200.0000
                                                                    X             3                     214,700.0000
MERRILL LYNCH 
& CO INC COM   Equity 590188108   13,639,443.00    154,118.0000     X             5     154,118.0000
MERRILL LYNCH 
& CO 
INC-STRYPES    Equity 590188777    5,493,018.75     90,700.0000     X             6                      87,400.0000
                                                                    X             6                                       3,300.0000
MESA AIR GROUP 
INC COM        Equity 590479101      937,500.00    150,000.0000     X             2     150,000.0000
                                       9,237.50      1,478.0000     X             5       1,478.0000
METHANEX CORP  Equity 59151K108    1,205,750.00    371,000.0000     X             6                     361,000.0000
                                                                    X             6                                      10,000.0000
METRIS COS 
INC COM        Equity 591598107    8,551,425.00    211,800.0000     X             1     185,100.0000
                                                                    X             1                                      26,700.0000
                                      70,212.13      1,739.0000     X             5       1,739.0000
METRO ONE 
TELECOM        Equity 59163F105    2,137,500.00    150,000.0000     X             2      58,300.0000
                                                                    X             2                                      91,700.0000
METRONET 
COMMUNICATIONS Equity 59169Y108    4,697,000.00     85,400.0000     X             2      85,400.0000
METRO NETWORKS 
INC COM        Equity 591918107    8,756,000.00    159,200.0000     X             2     152,200.0000
                                                                    X             2                                       7,000.0000
                                     391,380.00      7,116.0000     X             5       7,116.0000
METTLER TOLEDO 
INTL COM       Equity 592688105   13,971,375.00    564,500.0000     X             2     214,500.0000
                                                                    X             2                                     350,000.0000
                                     123,799.50      5,002.0000     X             5       5,002.0000
METZLER GROUP 
INC COM        Equity 592903108    9,930,187.50    316,500.0000     X             2     309,600.0000
                                                                    X             2                                       6,900.0000
                                       4,298.38        137.0000     X             5         137.0000
FRED MEYER 
INC-DEL NEW    Equity 592907109   33,820,979.25    574,454.0000     X             1     524,454.0000
                                                                    X             1                                      50,000.0000
                                   1,405,581.75     23,874.0000     X             5      23,874.0000
                                  11,775,000.00    200,000.0000     X             6                     200,000.0000
MICHAEL FOOD 
INC NEW COM    Equity 594079105    8,248,343.75    432,700.0000     X             1     377,200.0000
                                                                    X             1                                      55,500.0000
                                   6,347,812.50    333,000.0000     X             3     173,000.0000
                                                                    X             3                     160,000.0000
                                       3,812.50        200.0000     X             5         200.0000
MICREL INC COM Equity 594793101      320,233.82      6,397.0000     X             5       6,397.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                   Market Value  174,977,802.54
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 48             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
MICROSOFT CORP 
COM            Equity 594918104   70,705,162.50     788,900.0000    X             1     761,700.0000
                                                                    X             1                                      27,200.0000
                                  92,972,314.50   1,037,348.0000    X             2     893,548.0000
                                                                    X             2                                     143,800.0000
                                  59,113,602.75     659,566.0000    X             5     659,566.0000
MICRO 
FINANCIAL      Equity 595072109    4,310,850.00     297,300.0000    X             2     233,500.0000
                                                                    X             2                                      63,800.0000
MICROMUSE INC. Equity 595094103   20,736,800.00     450,800.0000    X             2     436,800.0000
                                                                    X             2                                      14,000.0000
MICRON 
TECHNOLOGY 
INC COM        Equity 595112103    1,453,073.07      30,153.0000    X             5      30,153.0000
MIDAMERN ENRG 
HLDG NEW COM   Equity 59562V107    2,742,824.00      97,958.0000    X             5      97,958.0000
MILLENNIUM 
CHEMICALS COM  Equity 599903101    2,217,034.99     111,577.0000    X             5     111,577.0000
MINDSPRING 
ENTERPRISES 
COM            Equity 602683104   14,002,368.75     162,700.0000    X             2     162,700.0000
                                     127,028.25       1,476.0000    X             5       1,476.0000
MINERALS 
TECHNOLOGIES 
COM            Equity 603158106      201,552.00       4,199.0000    X             5       4,199.0000
MINIMED INC 
COM            Equity 60365K108    5,589,375.00      55,000.0000    X             2      55,000.0000
                                      39,837.00         392.0000    X             5         392.0000
MINNESOTA 
MINING & MFG 
CO             Equity 604059105        1,061.25          15.0000    X             2          15.0000
                                   2,844,928.25      40,211.0000    X             5      40,211.0000
                               1,491,519,308.75  21,081,545.0000    X             6                  18,151,480.0000
                                                                    X             6                                   2,930,065.0000
MINNESOTA PWR 
& LT CO COM    Equity 604110106   26,018,294.50   1,317,382.0000    X             1   1,204,282.0000
                                                                    X             1                                     113,100.0000
                                     137,499.50       6,962.0000    X             5       6,962.0000
MINNTECH CORP  
COM            Equity 604258103    2,150,037.50     170,300.0000    X             1     170,300.0000
MIPS 
TECHNOLOGY 
INC.           Equity 604567107   10,553,000.00     173,000.0000    X             2     151,900.0000
                                                                    X             2                                      21,100.0000
MIRAGE RESORTS 
INC COM        Equity 60462E104   10,722,750.00     504,600.0000    X             2     504,600.0000
                                     181,305.00       8,532.0000    X             5       8,532.0000
MISSISSIPPI 
CHEM CORP COM
NEW            Equity 605288208    3,908,456.25     416,902.0000    X             3     283,402.0000
                                                                    X             3                     133,500.0000
                                      24,581.25       2,622.0000    X             5       2,622.0000
MITCHELL 
ENERGY & DEV   Equity 606592301    5,361,250.00     428,900.0000    X             3     190,300.0000
                                                                    X             3                     238,600.0000
MOBIL CORP     Equity 607059102       23,144.00         263.0000    X             2         263.0000
                                  48,593,600.00     552,200.0000    X             3     387,768.0000
                                                                    X             3                     164,432.0000
                                  34,960,728.00     397,281.0000    X             5     397,281.0000
                                  28,992,304.00     329,458.0000    X             6                     238,858.0000
                                                                    X             6                                      90,600.0000
MOHAWK INDS 
INC COM        Equity 608190104   30,879,000.00   1,029,300.0000    X             1     994,700.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                 Market Value  1,971,083,071.06
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 49             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
                                                                    X             1                                      34,600.0000
                                     162,300.00      5,410.0000     X             5       5,410.0000
MOLEX INC COM  Equity 608554101      258,279.78      8,794.0000     X             5       8,794.0000
MONACO COACH 
CORP COM       Equity 60886R103    3,606,975.00    156,400.0000     X             1     136,100.0000
                                                                    X             1                                      20,300.0000
                                   7,483,781.25    324,500.0001     X             2     324,500.0001
                                      29,473.88      1,278.0000     X             5       1,278.0000
MONSANTO CO.   Equity 611662107        9,968.44        217.0000     X             2         217.0000
                                   3,829,533.75     83,364.0000     X             5      83,364.0000
                               1,307,088,030.94 28,453,617.0000     X             6                  23,791,674.0000
                                                                    X             6                                   4,661,943.0000
MONTANA POWER 
CO COM         Equity 612085100    5,921,781.25     80,500.0000     X             2      53,300.0000
                                                                    X             2                                      27,200.0000
                                     183,170.63      2,490.0000     X             5       2,490.0000
MORGAN J P & 
CO INC COM     Equity 616880100    6,776,220.62     54,926.0000     X             5      54,926.0000
MORGAN STANLEY 
DEAN WITTER & 
CO.            Equity 617446448    8,374,762.50     83,800.0000     X             2      83,800.0000
                                  27,360,688.88    273,778.0000     X             5     273,778.0000
                                 196,122,446.81  1,962,451.0000     X             6   1,440,591.0000
                                                                    X             6                                     521,860.0000
MORTON INTL 
IND NEW COM    Equity 619335102      432,253.50     11,762.0000     X             5      11,762.0000
MORTONS 
RESTAURANT 
GROUP INCCOM   Equity 619429103    4,264,050.00    275,100.0000     X             1     275,100.0000
MOTIVEPOWER 
INDS INC COM   Equity 61980K101    8,148,928.00    324,400.0000     X             1     283,000.0000
                                                                    X             1                                      41,400.0000
                                      20,096.00        800.0000     X             5         800.0000
MOTOROLA INC   Equity 620076109   70,180,825.00    958,100.0000     X             2     864,500.0000
                                                                    X             2                                      93,600.0000
                                   4,327,243.75     59,075.0000     X             5      59,075.0000
                                 710,393,150.00  9,698,200.0000     X             6                   7,616,140.0000
                                                                    X             6                                   2,082,060.0000
MOVADO GROUP 
INC COM        Equity 624580106   15,372,800.00    614,912.0000     X             1     561,912.0000
                                                                    X             1                                      53,000.0000
                                      15,175.00        607.0000     X             5         607.0000
MUSICLAND 
STORES CORP 
COM            Equity 62758B109    8,846,100.00    982,900.0000     X             2     668,000.0000
                                                                    X             2                                     314,900.0000
                                       1,161.00        129.0000     X             5         129.0000
MUTUAL RISK 
MGMT LTD COM   Equity 628351108   31,543,768.41    819,318.6600     X             1     743,752.6600
                                                                    X             1                                      75,566.0000
                                   1,201,046.00     31,196.0000     X             5      31,196.0000
MYLAN LABS 
INC COM        Equity 628530107   22,435,451.69    817,693.0000     X             1     748,293.0000
                                                                    X             1                                      69,400.0000
                                  17,115,512.50    623,800.0000     X             3     521,000.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                 Market Value  2,461,504,974.56
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 50             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
                                                                    X           3                        102,800.0000
                                     245,867.44      8,961.0000     X           5         8,961.0000
NCO GROUP INC 
COM            Equity 628858102    5,994,000.00    162,000.0000     X           2        50,000.0000
                                                                    X           2                                       112,000.0000
                                          37.00          1.0000     X           5             1.0000
NCR CORP NEW 
COM            Equity 62886E108   28,833,450.00    576,669.0000     X           1       529,169.0000
                                                                    X           1                                        47,500.0000
                                   7,300,000.00    146,000.0000     X           2       105,700.0000
                                                                    X           2                                        40,300.0000
                                   4,960,750.00     99,215.0000     X           5        99,215.0000
NAC RE CORP    Equity 628907107      137,983.30      2,570.0000     X           5         2,570.0000
                                   7,382,375.00    137,500.0000     X           6                        134,500.0000
                                                                    X           6                                         3,000.0000
NIPSCO INDS 
INC COM        Equity 629140104   26,254,611.00    972,393.0000     X           1       892,193.0000
                                                                    X           1                                        80,200.0000
                                     336,771.00     12,473.0000     X           5        12,473.0000
NTL INC COM    Equity 629407107      310,182.44      3,812.0000     X           5         3,812.0000
NVR INC COM    Equity 62944T105   10,421,725.00    247,400.0000     X           1       216,200.0000
                                                                    X           1                                        31,200.0000
                                      78,521.00      1,864.0000     X           5         1,864.0000
NACCO INDS 
INC CL A       Equity 629579103      242,546.50      3,275.0000     X           5         3,275.0000
NASH FINCH CO 
COM            Equity 631158102    3,820,675.00    456,200.0000     X           3       285,100.0000
                                                                    X           3                        171,100.0000
NATIONAL CITY 
CORP COM       Equity 635405103   13,332,936.56    200,888.0000     X           5       200,888.0000
NATIONAL 
COMPUTER SYS 
COM            Equity 635519101    6,492,500.00    265,000.0000     X           2       265,000.0000
                                     227,654.00      9,292.0000     X           5         9,292.0000
NATIONAL DATA 
CORP COM       Equity 635621105      338,436.00      8,058.0000     X           5         8,058.0000
NATIONAL FUEL 
GAS N J COM    Equity 636180101    6,091,600.00    155,200.0000     X           3        83,200.0000
                                                                    X           3                         72,000.0000
                                     125,403.75      3,195.0000     X           5         3,195.0000
NATIONAL GOLF 
PPTYS COM      Equity 63623G109    6,206,200.00    282,100.0000     X           3       149,900.0000
                                                                    X           3                        132,200.0000
                                      22,880.00      1,040.0000     X           5         1,040.0000
NATIONAL R V 
HLDGS COM      Equity 637277104    8,584,500.00    388,000.0001     X           2        43,000.0000
                                                                    X           2                                       345,000.0001
                                      12,124.50        548.0000     X           5           548.0000
NATIONAL 
SEMICONDUCTOR
CORP           Equity 637640103      122,082.03     13,113.0000     X           5        13,113.0000
                                     186,200.00     20,000.0000     X           6                         20,000.0000
NATIONAL SVC 
INDS INC COM   Equity 637657107    1,062,910.42     31,207.0000     X           5        31,207.0000
NAVISTAR INTL 
CORP NEW COM   Equity 63934E108    6,824,262.00    169,800.0000     X           5       169,800.0000
NEON SYSTEMS   Equity 640509105    1,375,000.00     25,000.0000     X           2        25,000.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                   Market Value  147,324,183.94
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 51             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
NETWORKS 
ASSOCS INC COM Equity 640938106 26,039,110.94      848,525.0000      X          1         779,075.0000
                                                                     X          1                                        69,450.0000
                                   405,443.25       13,212.0000      X          5          13,212.0000
NETGRAVITY INC Equity 641114103  7,244,762.50      175,100.0000      X          2         141,100.0000
                                                                     X          2                                        34,000.0000
NETWORK 
APPLIANCE 
INC COM        Equity 64120L104    234,876.80        4,640.0000      X          5           4,640.0000
NEVADA POWER 
CO COM         Equity 641423108    213,939.00        8,644.0000      X          5           8,644.0000
NEW CENTURY 
ENERGIES COM   Equity 64352U103  7,796,906.25      228,900.0000      X          1         221,200.0000
                                                                     X          1                                         7,700.0000
                                 1,117,556.56       32,809.0000      X          5          32,809.0000
NEW ENGLAND 
ELEC SYS COM   Equity 644001109  1,441,129.00       29,714.0000      X          5          29,714.0000
NEW ERA OF 
NETWORKS COM   Equity 644312100 14,796,600.00      218,400.0000      X          2         218,400.0000
                                     3,116.50           46.0000      X          5              46.0000
NEW PLAN RLTY 
TR SH BEN INT  Equity 648053106  6,564,427.50      342,120.0000      X          3         178,300.0000
                                                                     X          3                       163,820.0000
                                    70,571.63        3,678.0000      X          5           3,678.0000
NEW YORK 
TIMES CO CL A  Equity 650111107 34,670,250.00    1,216,500.0000      X          1       1,174,500.0000
                                                                     X          1                                        42,000.0000
                                 5,128,974.00      179,964.0000      X          5         179,964.0000
NEWBRIDGE 
NETWORKS 
CP COM         Equity 650901101 19,722,150.00      626,100.0000      X          2         583,800.0000
                                                                     X          2                                        42,300.0000
                                   160,650.00        5,100.0000      X          5           5,100.0000
NEWELL CO COM  Equity 651229106  1,137,197.50       23,941.0000      X          5          23,941.0000
NEWFIELD EXPL 
CO COM         Equity 651290108  7,215,112.50      318,900.0000      X          2         272,200.0000
                                                                     X          2                                        46,700.0000
                                   204,665.75        9,046.0000      X          5           9,046.0000
NEWPORT NEWS 
SHIPBLDG COM   Equity 652228107  9,591,806.25      302,700.0000      X          1         289,100.0000
                                                                     X          1                                        13,600.0000
                                 7,040,962.50      222,200.0000      X          3         110,300.0000
                                                                     X          3                       111,900.0000
                                   277,867.69        8,769.0000      X          5           8,769.0000
NEXTEL 
COMMUNICATIONS 
CL A           Equity 65332V103  1,001,337.28       27,344.0000      X          5          27,344.0000
NIAGARA MOHAWK 
HOLDINGS INC   Equity 653520106    402,944.64       29,981.0000      X          5          29,981.0000
NICHOLS 
RESEARCH CORP  Equity 653818104 11,344,441.25      601,030.0000      X          6                       601,030.0000
NIELSEN MEDIA 
RESH INC COM   Equity 653929307 11,975,906.25      485,100.0000      X          2        381,600.0000
                                                                     X          2                                       103,500.0000
                                   204,289.06        8,275.0000      X          5          8,275.0000
NICOR INC COM  Equity 654086107 46,510,312.50    1,294,200.0000      X          3        947,725.0000
                                                                     X          3                       346,475.0000
                                   164,450.00        4,576.0000      X          5          4,576.0000
NIKE INC CL B Equity 654106103  18,361,931.25      318,300.0000      X          2        271,500.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                Market Value   241,043,688.35
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 52             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
                                                                    X           2                                        46,800.0000
                                   1,082,275.19     18,761.0000     X           5        18,761.0000
NOKIA CORP 
SPON ADR       Equity 654902204      623,000.00      4,000.0000     X           2         4,000.0000
                                 101,798,355.75    653,601.0000     X           6                        198,601.0000
                                                                    X           6                                       455,000.0000
NOBLE 
DRILLING CORP  Equity 655042109       53,499.60      3,080.0000     X           5         3,080.0000
                                  17,465,535.00  1,005,500.0000     X           6                        770,900.0000
                                                                    X           6                                       234,600.0000
NORDSTROM INC  Equity 655664100    2,437,159.84     59,632.0000     X           5        59,632.0000
                                  59,469,937.00  1,455,100.0000     X           6                      1,421,100.0000
                                                                    X           6                                        34,000.0000
NORFOLK 
SOUTHERN CORP 
COM            Equity 655844108      981,755.10     37,230.0000     X           5        37,230.0000
NORRELL CORP 
COM            Equity 656301108    6,836,912.50    523,400.0000     X           3       272,500.0000
                                                                    X           3                        250,900.0000
NORTH FORK  
BANCORP NY 
COM            Equity 659424105    1,195,201.92     56,591.0000     X           5        56,591.0000
NORTHEAST 
UTILS COM      Equity 664397106      292,754.09     21,107.0000     X           5        21,107.0000
NORTHN STS PWR 
MINN COM       Equity 665772109      430,939.77     18,583.0000     X           5        18,583.0000
NORTHERN 
TELECOM LTD 
COM            Equity 665815106       16,649.50        268.0000     X           2           268.0000
                                   4,213,441.75     67,822.0000     X           5        67,822.0000
NORTHERN TR 
CORP COM       Equity 665859104    5,406,575.18     60,878.0000     X           5        60,878.0000
NORTHROP 
GRUMMAN CORP 
COM            Equity 666807102   19,369,562.50    323,500.0000     X           3       259,700.0000
                                                                    X           3                         63,800.0000
                                     663,115.63     11,075.0000     X           5        11,075.0000
NORTHWEST 
AIRLS CORP 
CL A           Equity 667280101    6,942,000.00    249,600.0000     X           2       249,600.0000
                                      32,902.19      1,183.0000     X           5         1,183.0000
NOVELL INC 
COM            Equity 670006105    1,166,271.81     46,299.0000     X           5        46,299.0000
NOVELLUS SYS 
INC COM        Equity 670008101      584,325.00     10,600.0000     X           2        10,600.0000
                                     295,966.13      5,369.0000     X           5         5,369.0000
NOVOSTE 
CORPORATION    Equity 67010C100   11,928,000.00    497,000.0000     X           2       409,900.0000
                                                                    X           2                                        87,100.0000
NUCOR CORP 
COM            Equity 670346105      356,621.64      8,094.0000     X           5         8,094.0000
NUEVO ENERGY 
CO             Equity 670509108          270.00         20.0000     X           5            20.0000
                                   5,005,665.00    370,790.0000     X           6                        370,790.0000
OAK INDUSTRIES 
INC            Equity 671400505   13,890,625.00    437,500.0000     X           2       412,500.0000
                                                                    X           2                                        25,000.0000
                                      52,546.25      1,655.0000     X           5         1,655.0000
                                   1,390,650.00     43,800.0000     X           6                         43,800.0000
OAKWOOD HOMES 
CORP           Equity 674098108       36,344.00      2,596.0000     X           5         2,596.0000
                                   4,415,600.00    315,400.0000     X           6                        270,400.0000
                                                                    X           6                                        45,000.0000
OCCIDENTAL 
PETE CP DEL 
COM            Equity 674599105        4,896.00        272.0000     X           2           272.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                   Market Value  268,439,353.33
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 53             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
                                   463,482.00       25,749.0000      X          5          25,749.0000
OCULAR 
SCIENCES 
INC COM        Equity 675744106  5,447,756.25      189,900.0000      X          1         165,400.0000
                                                                     X          1                                        24,500.0000
OFFICE DEPOT 
INC COM        Equity 676220106  5,145,454.08      137,432.0000      X          5         137,432.0000
OGDEN CORP COM Equity 676346109    820,999.38       34,123.0000      X          5          34,123.0000
OHIO CAS 
CORP COM       Equity 67724010 312,743,250.00      326,750.0000      X          3         124,835.0000
                                                                     X          3                        201,915.0000
                                    18,876.00          484.0000      X          5             484.0000
OLD KENT FINL 
CORP COM       Equity 679833103  2,379,133.61       56,231.0000      X          5          56,231.0000
OLD REPUBLIC 
INTL CORP      Equity 680223104  3,091,951.50      169,422.0000      X          5         169,422.0000
                                 1,122,375.00       61,500.0000      X          6                         55,500.0000
                                                                     X          6                                         6,000.0000
OLIN CORP COM 
PAR $1         Equity 680665205    134,542.44       13,374.0000      X          5          13,374.0000
OMNICOM 
GROUP INC      Equity 681919106 48,578,018.75      607,700.0000      X          1         587,300.0000
                                                                     X          1                                        20,400.0000
                                53,022,543.75      663,300.0000      X          2         573,900.0000
                                                                     X          2                                        89,400.0000
                                 1,694,595.06       21,199.0000      X          5          21,199.0000
                                89,108,729.38    1,114,730.0000      X          6                      1,092,280.0000
                                                                     X          6                                        22,450.0000
ONE PRICE 
CLOTHING 
STORES         Equity 682411103  1,906,125.00      391,000.0000      X          2        391,000.0000
OPTICAL 
COATING 
LABORATORY     Equity 683829105  3,768,000.00       78,500.0000      X          2         55,000.0000
                                                                     X          2                                        23,500.0000
ORACLE 
CORP COM       Equity 68389X105        342.88           13.0000      X          2            13.0000
                                 5,943,553.50      225,348.0000      X          5       225,348.0000
ORION CAP 
CORP COM       Equity 686268103  6,619,500.00      211,824.0000      X          3       110,724.0000
                                                                     X          3                        101,100.0000
                                     9,843.75          315.0000      X          5           315.0000
OSTEOTECH INC. Equity 688582105 13,996,606.25      407,174.0000      X          1       367,424.0000
                                                                     X          1                                        39,750.0000
                                   412,500.00       12,000.0000      X          2        12,000.0000
OUTBACK  
STEAKHOUSE 
INC COM        Equity 689899102 25,597,400.00      781,600.0000      X          1       717,200.0000
                                                                     X          1                                        64,400.0000
                                   100,280.50        3,062.0000      X          5         3,062.0000
OWENS CORNING 
COM            Equity 69073F103    417,665.30       13,130.0000      X          5        13,130.0000
OWENS ILL INC 
COM NEW        Equity 690768403  2,848,250.00      113,930.0000      X          5       113,930.0000
OXFORD HEALTH 
PLANS COM      Equity 691471106 29,445,312.50    1,884,500.0000      X          2     1,623,900.0000
                                                                     X          2                                       260,600.0000
                                   257,671.88       16,491.0000      X          5        16,491.0000
PECO ENERGY 
CO COM         Equity 693304107 40,274,500.00      870,800.0000      X          1       841,500.0000
                                                                     X          1                                        29,300.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                Market Value   355,369,258.75
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 54             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
                                    1,864,707.50    40,318.0000     X           5        40,318.0000
PG&E CORP COM  Equity 69331C108     1,236,747.08    39,818.0000     X           5        39,818.0000
P.F. CHANGS 
CHINA BISTRO   Equity 69333Y108     4,514,000.00   148,000.0000     X           2        92,000.0000
                                                                    X           2                                        56,000.0000
PIMCO ADVISORS 
HOLDINGS LP    Equity 69338P102       356,815.63    11,350.0000     X           6                                        11,350.0000
PLD TELEKOM 
INC COM        Equity 69340T100        59,818.59    15,457.0000     X           5        15,457.0000
PNC BK CORP 
COM            Equity 693475105    44,891,721.88   807,950.0000     X           3       446,183.0000
                                                                    X           3                        361,767.0000
                                    4,878,498.63    87,802.0000     X           5        87,802.0000
P P & L RES 
INC COM        Equity 693499105       349,247.25    14,111.0000     X           5        14,111.0000
PPG INDS INC 
COM            Equity 693506107       980,771.25    19,137.0000     X           5        19,137.0000
PXRE CORP COM  Equity 693674103     5,166,000.00   287,000.0000     X           3       168,600.0000
                                                                    X           3                        118,400.0000
                                       18,000.00     1,000.0000     X           5         1,000.0000
PACCAR INC 
COM            Equity 693718108     4,481,101.29   108,791.0000     X           5       108,791.0000
PACIFICARE HLT 
SYS DEL CL B   Equity 695112201     1,724,063.25    25,261.0000     X           5        25,261.0000
PACIFICORP 
COM            Equity 695114108       561,660.00    32,560.0000     X           5        32,560.0000
PAINE WEBBER 
GROUP INC COM  Equity 695629105     3,441,060.09    86,307.0000     X           5        86,307.0000
PARAMETRIC 
TECH CORP COM  Equity 699173100     1,842,319.50    93,282.0000     X           5        93,282.0000
PARKER 
DRILLING CO 
COM            Equity 701081101        73,926.96    20,766.0000     X           5        20,766.0000
PARKER 
HANNIFIN CORP 
COM            Equity 701094104       729,936.00    21,312.0000     X           5        21,312.0000
PARKWAY PPTYS 
INC SHS        Equity 70159Q104     6,748,087.50   239,400.0000     X           1       208,700.0000
                                                                    X           1                                        30,700.0000
PATTERSON 
DENTAL CO COM  Equity 703412106       263,954.75     6,103.0000     X           5         6,103.0000
PAXAR CORP     Equity 704227107    13,814,003.44 1,857,345.0000     X           6                      1,857,345.0000
PAYCHEX INC 
COM            Equity 704326107     2,695,066.40    56,810.0000     X           5        56,810.0000
PAYLESS 
SHOESOURCE 
INC COM        Equity 704379106     1,047,459.00    22,526.0000     X           5        22,526.0000
PEAPOD INC.    Equity 704718105     1,640,625.00   150,000.0000     X           2        60,000.0000
                                                                    X           2                                        90,000.0000
PENN VA CORP 
COM            Equity 707882106     2,260,293.75   128,700.0000     X           3                        128,700.0000
                                       18,440.63     1,050.0000     X           5         1,050.0000
PENNEY J C 
INC COM        Equity 708160106    13,804,425.00   340,850.0000     X           3       127,535.0000
                                                                    X           3                        213,315.0000
                                    1,194,507.00    29,494.0000     X           5        29,494.0000
PENTAIR INC 
COM            Equity 709631105       775,541.25    22,979.0000     X           5        22,979.0000
PEOPLES BK  
BRIDGEPORT 
COM            Equity 710198102       892,053.75    29,985.0000     X           5        29,985.0000
PEOPLES 
ENERGY CORP 
COM            Equity 711030106    11,583,223.44   358,475.0000     X           3       147,790.0000
                                                                    X           3                        210,685.0000
                                      137,198.88     4,246.0000     X           5         4,246.0000
PEOPLES 
HERITAGE FINL 
COM            Equity 711147108    34,315,416.00 1,906,412.0000     X           1     1,719,812.0000
                                                                    X           1                                       186,600.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                    Market Value  168,360,690.66
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 55             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>            <C><C> <C>    <C>      <C>            <C>               <C>
                                       7,128.00        396.0000    X           5           396.0000
PEOPLESOFT                                                     
INC COM        Equity 712713106      906,440.00     62,000.0000    X           5        62,000.0000
PEPSICO INC    Equity 713448108        8,072.63        206.0000    X           2           206.0000
                                   6,935,207.81    176,975.0000    X           5       176,975.0000
                                   3,773,756.25     96,300.0000    X           6                          73,400.0000
                                                                   X           6                                         22,900.0000
PEREGRINE                                                      
SYSTEMS INC                                                    
COM            Equity 71366Q101   18,823,275.00    559,800.0000    X           2       515,600.0000
                                                                   X           2                                         44,200.0000
                                      31,035.88        923.0000    X           5           923.0000
PERKIN ELMER                                                   
CORP COM       Equity 714041100   19,577,506.25    201,700.0000    X           2       171,900.0000
                                                                   X           2                                         29,800.0000
                                     673,128.44      6,935.0000    X           5         6,935.0000
PERSONELL                                                      
GROUP AMER                                                     
COM            Equity 715338109       77,652.00     10,800.0000    X           5        10,800.0000
PETSMART INC                                                   
COM            Equity 716768106       90,554.31     11,277.0000    X           5        11,277.0000
PHARMACYCLICS                                                  
INC COM        Equity 716933106    5,362,500.00    325,000.0000    X           2       300,000.0000
                                                                   X           2                                         25,000.0000
                                       5,098.50        309.0000    X           5           309.0000
PHARMACIA &                                                    
UPJOHN INC                                                     
COM            Equity 716941109       11,289.88        181.0000    X           2           181.0000
                                   4,025,620.13     64,539.0000    X           5        64,539.0000
PFIZER INC     Equity 717081103   47,494,125.00    342,300.0000    X           2       293,500.0000
                                                                   X           2                                         48,800.0000
                                  27,197,913.75    196,021.0000    X           5       196,021.0000
                                   1,780,578.75     12,833.0000    X           6                          11,833.0000
                                                                   X           6                                          1,000.0000
PHILADELPHIA                                                   
SUBURBAN                                                       
CORP - NEW     Equity 718009608    4,129,125.00    182,000.0000    X           2       182,000.0000
                                     104,067.56      4,587.0000    X           5         4,587.0000
                                     474,168.75     20,900.0000    X           6                          20,900.0000
PHILIP MORRIS                                                  
COS            Equity 718154107    9,925,374.69    282,051.0000    X           5       282,051.0000
                                 543,673,640.97 15,449,663.0000    X           6                      13,083,708.0000
                                                                   X           6                                      2,365,955.0000
PHILLIPS PETE 
CO COM         Equity 718507106    1,467,443.25     31,057.0000    X           5        31,057.0000
PHYMATRIX CORP 
COM            Equity 718925100       24,596.00     14,300.0000    X           5        14,300.0000
PHOTRONICS INC 
COM            Equity 719405102    5,587,500.00    300,000.0000    X           2       291,800.0000
                                                                   X           2                                          8,200.0000
                                      79,752.25      4,282.0000    X           5         4,282.0000
PILGRIMS PRIDE 
CORP COM       Equity 721467108    2,136,875.00    130,000.0000    X           1       130,000.0000
                                   6,353,093.75    386,500.0000    X           3       194,300.0000
                                                                   X           3                         192,200.0000
                                      12,361.00        752.0000    X           5           752.0000
PILLOWTEX 
CORP           Equity 721501104    4,676,801.55    329,642.4000    X           1       304,754.3000
                                                                   X           1                                         24,888.1000
- ------------------------------------------------------------------------------------------------------------------------------------
                   Market Value  715,425,682.33
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 56             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
                                    4,098,768.75    288,900.0000    X           3       159,300.0000
                                                                    X           3                       129,600.0000
PINNACLE 
SYSTEMS INC    Equity 723481107     9,100,000.00    200,000.0000    X           2       129,600.0000
                                                                    X           2                                        70,400.0000
                                      118,209.00      2,598.0000    X           5         2,598.0000
PINNACLE WEST 
CAP CORP COM   Equity 723484101     1,025,997.70     28,210.0000    X           5        28,210.0000
PIONEER HI 
BRED INTL COM  Equity 723686101     1,344,877.38     35,749.0000    X           5        35,749.0000
PITNEY BOWES 
INC COM        Equity 724479100    26,615,625.00    417,500.0000    X           2       358,200.0000
                                                                    X           2                                        59,300.0000
                                    1,971,978.75     30,933.0000    X           5        30,933.0000
PLAINS RES INC 
COM PAR $0.10  Equity 726540503       211,050.00     14,070.0000    X           5        14,070.0000
POLAROID CORP  Equity 731095105        97,497.51      4,829.0000    X           5         4,829.0000
                                   12,396,013.92    613,968.0000    X           6                        530,568.0000
                                                                    X           6                                        83,400.0000
POLICY 
MANAGEMENT 
SYSTEMS CORP   Equity 731108106        78,662.78      2,569.0000    X           5         2,569.0000
                                    6,920,885.50    226,025.0000    X           6                        226,025.0000
POLYCOM INC.   Equity 73172K104    14,345,625.00    765,100.0000    X           2       741,300.0000
                                                                    X           2                                        23,800.0000
POPULAR INC 
COM            Equity 733174106     4,649,608.53    150,619.0000    X           5       150,619.0000
POTLATCH CORP 
COM            Equity 737628107       245,114.68      7,222.0000    X           5         7,222.0000
POTOMAC ELEC 
PWR CO COM     Equity 737679100       294,257.91     12,689.0000    X           5        12,689.0000
POWER 
INTEGRATIONS 
INC.           Equity 739276103    17,526,000.00    552,000.0000    X           2       274,000.0000
                                                                    X           2                                       278,000.0000
PRAXAIR INC 
COM            Equity 74005P104       363,304.50     10,075.0000    X           5        10,075.0000
PRECISION 
CASTPARTS 
CORP           Equity 740189105     6,858,600.00    170,400.0000    X           3        85,500.0000
                                                                    X           3                         84,900.0000
                                      145,262.25      3,609.0000    X           5         3,609.0000
                                   13,810,378.75    343,115.0000    X           6                        343,115.0000
PREMARK INTL 
INC COM        Equity 740459102    31,211,212.69    947,589.0000    X           1       871,389.0000
                                                                    X           1                                        76,200.0000
                                      191,531.56      5,815.0000    X           5         5,815.0000
PREMIER NATL 
BANCORP INC 
COM            Equity 74053F107     4,118,355.00    274,557.0000    X           1       274,557.0000
PREMIER PKS 
INC COM NEW    Equity 740540208       202,602.75      5,439.0000    X           5         5,439.0000
PRENTISS PPTYS 
TR SH BEN INT  Equity 740706106     8,598,750.00    458,600.0000    X           1       400,400.0000
                                                                    X           1                                        58,200.0000
                                       20,625.00      1,100.0000    X           5         1,100.0000
PRESIDENTIAL 
LIFE COR       Equity 740884101     7,090,693.75    395,300.0000    X           3       200,000.0000
                                                                    X           3                        195,300.0000
PRICE 
ENTERPRISES 
INC COM NEW    Equity 741444202       187,772.32     33,772.0000    X           5        33,772.0000
PRICE T ROWE & 
ASSOC COM      Equity 741477103     1,808,893.10     52,630.0000    X           5        52,630.0000
PRIORITY 
HEALTHCARE 
CL B           Equity 74264T102     9,812,372.00    216,848.0000    X           2       186,848.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                    Market Value  185,460,526.08
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 1              Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>   <C>               <C>             <C>
                                                                     X          2                                        30,000.0000
                                    19,276.50          426.0000      X          5          426.0000
PROCTER & 
GAMBLE CO      Equity 742718109     11,360.75          116.0000      X          2          116.0000
                                17,324,947.88      176,898.0000      X          5      176,898.0000
                                 5,377,258.44       54,905.0000      X          6                         42,205.0000
                                                                     X          6                                        12,700.0000
PROFIT 
RECOVERY GROUP Equity 743168106 11,628,800.00      294,400.0000      X          2      186,300.0000
                                                                     X          2                                       108,100.0000
PROGRESSIVE 
CORP-OHIO-     Equity 743315103  1,761,606.00       12,276.0000      X          5       12,276.0000
                               143,584,234.50    1,000,587.0000      X          6                        761,632.0000
                                                                     X          6                                       238,955.0000
PROLOGIS TRUST Equity 743410102     51,106.50        2,493.0000      X          5        2,493.0000
                                26,888,312.50    1,311,625.0000      X          6                      1,107,571.0000
                                                                     X          6                                       204,054.0000
PROMUS HOTEL 
CORP COM       Equity 74342P106  1,876,910.22       51,606.0000      X          5       51,606.0000
PROTECTIVE 
LIFE CORP      Equity 743674103 43,032,741.75    1,136,178.0000      X          1    1,030,478.0000
                                                                     X          1                                       105,700.0000
                                   125,669.25        3,318.0000      X          5        3,318.0000
                                 2,448,618.75       64,650.0000      X          6                         64,650.0000
PROVIDENCE &
WORCESTER RR
COCOM          Equity 743737108  2,615,487.50      235,100.0000      X          1      235,100.0000
PROVIDENT 
BANKSHARES COM Equity 743859100  4,201,553.13      160,825.0000      X          1      160,825.0000
                                    57,631.75        2,206.0000      X          5        2,206.0000
PROVIDENT COS 
INC COM        Equity 743862104    344,459.52        9,967.0000      X          5        9,967.0000
PROVIDENT FINL 
GROUP COM      Equity 743866105  1,010,512.32       26,336.0000     X           5       26,336.0000
PROVIDIAN FINL 
CORP COM       Equity 74406A102 45,251,690.00      411,379.0000     X           1      376,529.0000
                                                                    X           1                                        34,850.0000
                                10,131,000.32       92,100.0029     X           2       67,700.0021
                                                                    X           2                                        24,400.0008
                                 3,209,580.00       29,178.0000     X           5       29,178.0000
PROXIM INC.    Equity 744284100 13,397,500.00      466,000.0000     X           2      361,700.0000
                                                                    X           2                                       104,300.0000
PSINET 
INC COM        Equity 74437C101 64,460,906.25    1,514,500.0000     X           2    1,122,900.0000
                                                                    X           2                                       391,600.0000
                                   178,251.75        4,188.0000     X           5        4,188.0000
PUBLIC SVC CO 
N MEX COM      Equity 744499104  6,208,400.00      365,200.0000     X           3      195,000.0000
                                                                    X           3                        170,200.0000
                                   296,905.00       17,465.0000     X           5       17,465.0000
PUBLIC SVC 
ENTERPRISE COM Equity 744573106 48,125,796.88    1,260,250.0000     X           3      897,756.0000
                                                                    X           3                        362,494.0000
                                 5,301,761.56      138,835.0000     X           5      138,835.0000
PUGET SOUND 
ENERGY 
INC COM        Equity 745332106    309,280.72       13,412.0000     X           5       13,412.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                Market Value   459,231,559.72
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 58             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S   S   S     Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O   H   H     Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L   R   R              --------------------------------------------
               Class                  Value          Amount      E   D.V D.Othr             Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>             <C>            <C>
PULTE 
CORP COM       Equity 745867101  20,456,772.75     982,908.0000      X          1         904,008.0000
                                                                     X          1                                        78,900.0000
                                    213,931.69      10,279.0000      X          5          10,279.0000
QLOGIC 
CORP COM       Equity 747277101  25,574,625.00     381,000.0000      X          2         361,400.0000
                                                                     X          2                                        19,600.0000
                                    178,149.75       2,654.0000      X          5           2,654.0000
QUAKER OATS 
CO COM         Equity 747402105   8,488,410.00     136,360.0000      X          5         136,360.0000
QUALCOMM 
INC COM        Equity 747525103   9,241,062.50      74,300.0000      X          2          52,100.0000
                                                                     X          2                                        22,200.0000
                                    810,054.38       6,513.0000      X          5           6,513.0000
QUANTA 
SERVICES INC.  Equity 74762E102   9,243,987.50     363,400.0000      X          2         253,400.0000
                                                                     X          2                                       110,000.0000
QUANTUM 
CORP COM       Equity 747906105     197,820.00      10,990.0000      X          5          10,990.0000
QUIKSILVER 
INC COM        Equity 74838C106   8,678,150.00     205,400.0000      X          2         168,400.0000
                                                                     X          2                                        37,000.0000
                                    151,593.00       3,588.0000      X          5           3,588.0000
QUINTILES 
TRANSNATIONL 
COM            Equity 748767100     262,853.25       6,963.0000      X          5           6,963.0000
QUIXOTE CORP   Equity 749056107   3,784,462.50     332,700.0000      X          1         332,700.0000
QWEST 
COMMUNICATIONS 
COM            Equity 749121109     360,469.00       5,000.0000      X          2           5,000.0000
                                    970,166.27      13,457.0000      X          5          13,457.0000
R & B 
FALCON CORP    Equity 74912E101      91,001.34      10,557.0000      X          5          10,557.0000
                                 24,542,002.00   2,847,100.0000      X          6                      2,203,900.0000
                                                                     X          6                                       643,200.0000
R H DONNELLEY 
CORP COM       Equity 74955W307   2,743,243.75     177,700.0000      X          3          92,800.0000
                                                                     X          3                         84,900.0000  
                                                                     X          5           5,992.0000
RJR NABISCO 
HLDGS CORP
COM NEW        Equity 74960K876  54,506,250.00   2,180,250.0000      X          3       1,411,300.0000
                                                                     X          3                        768,950.0000
                                    917,225.00      36,689.0000      X          5          36,689.0000
RF MICRO 
DEVICES        Equity 749941100  15,022,937.50     157,000.0000      X          2         157,000.0000
RACING 
CHAMPIONS 
CORP COM       Equity 750069106   2,962,300.00     269,300.0000      X          1         269,300.0000
RAILAMERICA 
INC COM        Equity 750753105   2,581,250.00     295,000.0000      X          1         295,000.0000
RALCORP HLDGS 
INC NEW COM    Equity 751028101     237,120.00      12,480.0000      X          5          12,480.0000
RALSTON PURINA 
CO COM RAL-
PUR GP         Equity 751277302       4,697.00         176.0000      X          2             176.0000
                                    704,016.25      26,380.0000      X          5          26,380.0000
RARE 
HOSPITALITY 
INTL INC      Equity 753820109    2,019,875.00     146,900.0000      X          2         146,900.0000
RATIONAL 
SOFTWARE CORP
COM NEW       Equity 75409P202      321,750.00      12,000.0000      X          2          12,000.0000
                                    180,474.94       6,731.0000      X          5           6,731.0000
RAYCHEM CORP 
DEL COM       Equity 754603108      238,684.80      10,580.0000      X          5          10,580.0000
RAYMOND JAMES 
FINL INC COM  Equity 754730109    6,254,825.00     316,700.0000      X          3         165,500.0000
                                                                     X          3                        151,200.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                 Market Value   202,032,661.66
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 59             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                   Item 6 Inv.
                                                                   Discretion     Item 7                    Item 8
      Item 1        Item 2    Item 3      Item 4        Item 5     S  S   S      Managers              Voting Authority
     Name of        Title     Cusip        Fair        Shares or   O  H   H      Instr.V                   (Shares)
      Issuer          of      Number      Market       Principal   L  R   R               ------------------------------------------
                    Class                  Value        Amount     E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                 <C>    <C>       <C>            <C>            <C><C> <C>    <C>      <C>            <C>            <C>
                                          63,042.00     3,192.0000    X             5         3,192.0000
RAYTHEON CO CL A    Equity 755111309         808.50        14.0000    X             2            14.0000
                                         262,762.50     4,550.0000    X             5         4,550.0000
RAYTHEON CL-CL B    Equity 755111408      10,845.63       185.0000    X             2           185.0000
                                       8,341,985.75   142,294.0000    X             5       142,294.0000
                                       2,163,203.88    36,899.0000    X             6                       36,899.0000
READERS DIGEST ASSN 
CL A NON VTG        Equity 755267101  14,725,325.00   468,400.0000    X             2       468,400.0000
                                          17,353.50       552.0000    X             5           552.0000
REED INTERNATIONAL 
PLC SPONSORED       Equity 758212872 135,304,700.00 3,811,400.0000    X             6                    3,083,500.0000
                                                                      X             6                                   727,900.0000
REGIONS FINL CORP 
COM                 Equity 758940100     802,422.36    23,178.0000    X             5        23,178.0000
REINSURANCE GROUP 
AMER COM            Equity 759351109  10,998,150.00   258,400.0000    X             1       226,150.0000
                                                                      X             1                                    32,250.0000
                                         163,227.19     3,835.0000    X             5         3,835.0000
RELIANT ENERGY      Equity 75952J108   6,292,760.32   241,472.0000    X             5       241,472.0000
RELIASTAR FINL CORP 
COM                 Equity 75952U103     305,841.12     7,176.0000    X             5         7,176.0000
RENT-A-CENTER INC   Equity 76009N100  11,770,250.00   409,400.0000    X             1       357,400.0000
                                                                      X             1                                    52,000.0000
                                          43,182.50     1,502.0000    X             5         1,502.0000
RENT WAY INC COM    Equity 76009U104   8,553,600.00   356,400.0000    X             2       356,400.0000
                                          65,832.00     2,743.0000    X             5         2,743.0000
RENTAL SERVICE CORP 
COM                 Equity 76009V102   7,385,000.00   422,000.0000    X             2       413,000.0000
                                                                      X             2                                     9,000.0000
                                           1,085.00        62.0000    X             5            62.0000
REPSOL ADS          Equity 76026T205  46,370,909.52 2,714,400.0000    X             3     1,940,169.0000
                                                                      X             3                      774,231.0000
REPUBLIC INDS INC 
COM                 Equity 760516104   3,004,549.30   242,890.0000    X             5       242,890.0000
REPUBLIC N Y CORP 
COM                 Equity 760719104  30,631,612.50   664,100.0000    X             3       434,213.0000
                                                                      X             3                      229,887.0000
                                         833,340.38    18,067.0000    X             5        18,067.0000
RESMED INC COM      Equity 761152107  10,000,500.00   354,000.0000    X             2       258,000.0000
                                                                      X             2                                    96,000.0000
                                           4,152.75       147.0000    X             5           147.0000
RESOURCE AMERICA 
INC CL A            Equity 761195205      90,854.80    10,540.0000    X             5        10,540.0000
REYNOLDS & REYNOLDS 
CO CL A             Equity 761695105  25,311,059.00 1,332,161.0000    X             1     1,221,361.0000
                                                                      X             1                                   110,800.0000
                                          77,425.00     4,075.0000    X             5         4,075.0000
REYNOLDS METALS CO 
COM                 Equity 761763101   1,427,463.88    29,548.0000    X             5        29,548.0000
RITE AID CORP COM   Equity 767754104     470,425.00    18,817.0000    X             5        18,817.0000
RIVIANA FOODS INC   Equity 769536103     895,262.50    38,300.0000    X             3                       38,300.0000
                                           9,350.00       400.0000    X             5           400.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                       Market Value  326,398,281.86
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 60             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                  Item 6 Inv.
                                                                  Discretion     Item 7                    Item 8
     Item 1       Item 2    Item 3      Item 4        Item 5      S  S   S      Managers              Voting Authority
    Name of       Title     Cusip        Fair        Shares or    O  H   H      Instr.V                   (Shares)
     Issuer         of      Number      Market       Principal    L  R   R               -------------------------------------------
                  Class                  Value        Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>               <C>    <C>       <C>            <C>             <C><C> <C>    <C>      <C>          <C>             <C>
ROADHOUSE GRILL 
INC COM           Equity 769725102   1,200,000.00    200,000.0000    X              1    200,000.0000
ROBERT HALF INTL 
INC COM           Equity 770323103     240,792.59      7,339.0000    X              5      7,339.0000
ROCHESTER GAS & 
ELEC COM          Equity 771367109   6,162,812.50    240,500.0000    X              3    127,300.0000
                                                                     X              3                    113,200.0000
                                        78,079.38      3,047.0000    X              5      3,047.0000
ROCK OF AGES CORP 
DEL COM           Equity 772632105   1,128,293.75    108,100.0000    X              1    108,100.0000
ROCKWELL INTL 
CORP              Equity 773903109  11,882,500.00    280,000.0000    X              1    265,800.0000
                                                                     X              1                                    14,200.0000
                                       677,514.69     15,965.0000    X              5     15,965.0000
                                   607,707,970.62 14,320,070.0000    X              6                 11,512,230.0000
                                                                     X              6                                 2,807,840.0000
ROGERS CANTEL 
MOBILE COMM-B     Equity 775102205   2,759,950.00    152,800.0000    X              2    101,200.0000
                                                                     X              2                                    51,600.0000
ROHM & HAAS CO 
COM               Equity 775371107   2,254,359.44     67,174.0000    X              5     67,174.0000
ROLLINS TRUCK 
LEASING COM       Equity 775741101   5,695,531.25    603,500.0000    X              3    317,400.0000
                                                                     X              3                    286,100.0000
                                        20,762.50      2,200.0000    X              5      2,200.0000
ROSS STORES INC 
COM               Equity 778296103   8,543,437.50    195,000.0000    X              2    139,900.0000
                                                                     X              2                                    55,100.0000
                                       201,975.63      4,610.0000    X              5      4,610.0000
ROWAN COS INC COM Equity 779382100     305,448.30     24,070.0000    X              5     24,070.0000
ROWE FURNI-
TURE CORP COM     Equity 779528108   1,867,000.00    186,700.0000    X              1    186,700.0000
ROYAL BK CDA 
MONTREAL COM      Equity 780087102     358,644.00      7,600.0000    X              5      7,600.0000
RUBY TUESDAY INC 
COM               Equity 781182100  10,164,375.00    585,000.0000    X              1    512,300.0000
                                                                     X              1                                    72,700.0000
                                        29,676.50      1,708.0000    X              5      1,708.0000
RUSH ENTERPISES 
INC COM           Equity 781846100   1,145,250.00    101,800.0000    X              1    101,800.0000
RUSS BERRIE & CO 
COM               Equity 782233100   6,756,718.75    260,500.0000    X              3    136,500.0000
                                                                     X              3                    124,000.0000
                                        63,339.38      2,442.0000    X              5      2,442.0000
RYDER SYS INC COM Equity 783549108     289,623.32     10,486.0000    X              5     10,486.0000
RYLAND GROUP INC 
COM               Equity 783764103  10,337,625.00    408,400.0000    X              2    243,400.0000
                                                                     X              2                                   165,000.0000
                                        34,171.88      1,350.0000    X              5      1,350.0000
SBC COMMUNI-
CATIONS INC COM   Equity 78387G103  28,826,843.75    610,900.0000    X              1    590,300.0000
                                                                     X              1                                    20,600.0000
                                    34,748,780.63    736,398.0000    X              5    736,398.0000
SCI SYS INC COM   Equity 783890106     225,674.78      7,619.0000    X              5      7,619.0000
SDL INC COM       Equity 784076101  15,881,250.00    175,000.0000    X              2    175,000.0000
                                         3,267.00         36.0000    X              5         36.0000
SEI INVESTMENTS 
CO COM            Equity 784117103   7,427,750.00     80,300.0000    X              1     70,200.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                     Market Value  767,019,418.12
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 61             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                    Item 6 Inv.
                                                                    Discretion     Item 7                    Item 8
      Item 1        Item 2    Item 3     Item 4         Item 5      S  S   S      Managers              Voting Authority
     Name of        Title     Cusip       Fair         Shares or    O  H   H      Instr.V                   (Shares)
      Issuer          of      Number     Market        Principal    L  R   R               -----------------------------------------
                    Class                 Value         Amount      E  D.V D.Othr                Sole         Shared       None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                 <C>    <C>       <C>            <C>             <C><C> <C>    <C>      <C>            <C>          <C>
                                                                       X              1                                  10,100.0000
                                         243,645.00      2,634.0000    X              5        2,634.0000
SLM HLDG CORP COM   Equity 78442A109     746,615.25     17,883.0000    X              5       17,883.0000
SPDR TR UNIT SER 1  Equity 78462F103     866,240.76      6,748.0000    X              5        6,748.0000
SPX CORP COM        Equity 784635104   4,226,662.50     83,800.0000    X              2       60,100.0000
                                                                       X              2                                  23,700.0000
                                         222,076.31      4,403.0000    X              5        4,403.0000
SABRE GROUP 
HOLDINGS INC-CL A   Equity 785905100      74,361.43      1,639.0000    X              5        1,639.0000
                                      49,751,290.16  1,096,568.0000    X              6                   817,868.0000
                                                                       X              6                                 278,700.0000
SAFECO CORP COM     Equity 786429100     633,452.16     15,664.0000    X              5       15,664.0000
SAFEWAY INC COM NEW Equity 786514208  38,489,506.25    750,100.0000    X              1      724,800.0000
                                                                       X              1                                  25,300.0000
                                      49,357,493.75    961,900.0000    X              2      823,300.0000
                                                                       X              2                                 138,600.0000
                                       3,429,573.56     66,837.0000    X              5       66,837.0000
ST JUDE MED INC COM Equity 790849103     204,439.93      8,389.0000    X              5        8,389.0000
ST MARY LAND &
EXPLORATION CO      Equity 792228108       5,211.00        300.0000    X              5          300.0000
                                      10,288,945.80    592,340.0000    X              6                   592,340.0000
ST PAUL COS INC COM Equity 792860108     762,864.66     24,561.0000    X              5       24,561.0000
SAKS HLDGS INC COM  Equity 79377W108     374,140.00     14,390.0000    X              5       14,390.0000
SANDERSON FARMS INC 
COM                 Equity 800013104   2,010,000.00    167,500.0000    X              1      167,500.0000
SANMINA CORP COM    Equity 800907107     302,621.25      4,747.0000    X              5        4,747.0000
SARA LEE CORP       Equity 803111103  30,393,000.00  1,228,000.0000    X              1    1,186,800.0000
                                                                       X              1                                  41,200.0000
                                       3,847,610.25    155,459.0000    X              5      155,459.0000
                                       3,972,375.00    160,500.0000    X              6                   121,900.0000
                                                                       X              6                                  38,600.0000
SBARRO INC COM      Equity 805844107   6,410,394.75    240,766.0000    X              3      145,966.0000
                                                                       X              3                    94,800.0000
                                          31,204.50      1,172.0000    X              5        1,172.0000
SCHERING-PLOUGH 
CORP                Equity 806605101  27,696,825.00    501,300.0000    X              1      484,500.0000
                                                                       X              1                                  16,800.0000
                                      37,978,850.00    687,400.0000    X              2      589,300.0000
                                                                       X              2                                  98,100.0000
                                      10,501,478.00    190,072.0000    X              5      190,072.0000
                                       5,307,757.00     96,068.0000    X              6                    71,468.0000
                                                                       X              6                                  24,600.0000
SCHLUMBERGER LTD 
COM                 Equity 806857108   4,818,570.64     80,056.0000    X              5       80,056.0000
SCHOLASTIC CORP COM Equity 807066105   2,707,675.00     55,400.0000    X              2       36,800.0000
                                                                       X              2                                  18,600.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                       Market Value  295,654,879.91
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 62             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion    Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S   S   S     Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O   H   H     Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L   R   R              --------------------------------------------
               Class                  Value          Amount      E   D.V D.Othr             Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>            <C>              <C>
                                    82,549.88         1,689.0000     X          5           1,689.0000
SCHULMAN A INC Equity 808194104     44,877.90         3,295.0000     X          5           3,295.0000
                                 5,005,213.80       367,490.0000     X          6                        367,490.0000
SCHWAB CHARLES 
CP NEW COM     Equity 808513105 57,348,175.00       596,600.0000     X          1         576,200.0000
                                                                     X          1                                        20,400.0000
                                 8,209,075.00        85,400.0000     X          2          63,100.0000
                                                                     X          2                                        22,300.0000
                                 4,360,422.25        45,362.0000     X          5          45,362.0000
SCIENTIFIC 
ATLANTA 
INC COM        Equity 808655104    245,277.25         9,001.0000     X          5           9,001.0000
SCOTTS CO CL A Equity 810186106    311,067.88         8,324.0000     X          5           8,324.0000
SEA CONTAINERS 
LTD CL         Equity 811371707  6,696,112.50       231,900.0000     X          3         117,500.0000
                                                                     X          3                        114,400.0000
SEAGATE 
TECHNOLOGY COM Equity 811804103    702,079.56        23,751.0000     X          5          23,751.0000
SEAGRAM 
LTD COM        Equity 811850106  1,788,750.00        35,775.0000     X          5          35,775.0000
SEALED AIR 
CORP COM       Equity 81211K100    443,792.18         9,022.0000     X          5           9,022.0000
SEARS ROEBUCK 
& CO COM       Equity 812387108  1,634,296.35        36,165.0000     X          5          36,165.0000
SEAWAY FOOD 
TOWN INC COM   Equity 812744100  1,941,550.00       133,900.0000     X          1         133,900.0000
SECURE 
COMPUTING 
CORP COM       Equity 813705100  4,667,250.00       444,500.0000     X          1         387,000.0000
                                                                     X          1                                        57,500.0000
SECURITY 
CAPITAL 
GROUP A        Equity 81413P105 50,917,156.88        84,915.0000     X          6                         84,915.0000
SECURITY 
CAPITAL 
GROUP-B        Equity 81413P204     37,917.32         2,836.0000     X          5           2,836.0000
                                22,297,155.69     1,667,700.5000     X          6                      1,357,164.0000
                                                                     X          6                                       310,536.5000
SEITEL INC 
COM NEW        Equity 816074306    257,527.56        18,474.0000     X          5          18,474.0000
SELECT COMFORT 
CORP.          Equity 81616X103  2,087,837.50        74,900.0000     X          2          41,000.0000
                                                                     X          2                                        33,900.0000
SELECTIVE INS
GROUP COM      Equity 816300107  6,211,050.00       352,400.0000     X          3         181,800.0000
                                                                     X          3                        170,600.0000
                                    90,398.63         5,129.0000     X          5           5,129.0000
SEMTECH 
CORP COM       Equity 816850101  6,375,000.00       200,000.0000     X          2          86,000.0000
                                                                     X          2                                       114,000.0000
                                   153,828.75         4,826.0000     X          5           4,826.0000
SEMPRA 
ENERGY COM     Equity 816851109  3,657,364.53       190,587.0000     X          5         190,587.0000
SEPRACOR 
INC COM        Equity 817315104    356,506.00         3,176.0000     X          5           3,176.0000
SERVICE CORP 
INTL COM       Equity 817565104    313,129.50        21,974.0000     X          5          21,974.0000
SHARED MEDICAL 
SYSTEMS CORP   Equity 819486101    169,297.60         3,040.0000     X          5           3,040.0000
                                15,521,359.90       278,710.0000     X          6                        278,710.0000
SHAW 
INDUSTRIES INC Equity 820286102 31,033,935.00     1,677,510.0000     X          1       1,534,810.0000
                                                                     X          1                                       142,700.0000
                                   182,095.50         9,843.0000     X          5           9,843.0000
                                52,519,187.50     2,838,875.0000     X          6                      2,540,825.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                Market Value   285,661,237.39
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 63             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
                                                                    X           6                                       298,050.0000
SHERWIN 
WILLIAMS CO 
COM            Equity 824348106     466,567.04     16,592.0000      X           5        16,592.0000
SHOE CARNIVAL 
INC COM        Equity 824889109   3,930,000.00    314,400.0000      X           1       314,400.0000
SHOREWOOD 
PACKAGING CP 
COM            Equity 825229107     269,618.04     13,742.0000      X           5        13,742.0000
SHURGARD 
STORAGE CTRS 
COM            Equity 82567D104   6,438,750.00    255,000.0000      X           3       137,500.0000
                                                                    X           3                        117,500.0000
                                     55,550.00      2,200.0000      X           5         2,200.0000
SIEBEL         Equity 826170102   4,707,250.00     99,100.0000      X           2        71,900.0000
                                                                    X           2                                        27,200.0000
                                    151,762.50      3,195.0000      X           5         3,195.0000
SILICON 
GRAPHICS INC 
COM            Equity 827056102     287,299.44     17,349.0000      X           5        17,349.0000
SIMON PROPERTY 
GROUP INC      Equity 828806109   1,166,474.40     42,510.0000      X           5        42,510.0000
                                    485,688.00     17,700.0000      X           6                          8,500.0000
                                                                    X           6                                         9,200.0000
SKYWEST INC    Equity 830879102  15,592,500.00    540,000.0000      X           2       430,000.0000
                                                                    X           2                                       110,000.0000
                                    125,144.25      4,334.0000      X           5         4,334.0000
SMITH A O COM  Equity 831865209   7,147,800.00    376,200.0000      X           1       328,650.0000
                                                                    X           1                                        47,550.0000
                                     51,870.00      2,730.0000      X           5         2,730.0000
SMITH INTL 
INC COM        Equity 832110100     276,080.00      6,902.0000      X           5         6,902.0000
SMITHFIELD 
FOODS INC COM  Equity 832248108  10,209,375.00    450,000.0000      X           2       298,900.0000
                                                                    X           2                                       151,100.0000
                                    338,996.63     14,942.0000      X           5        14,942.0000
SNYDER 
COMMUNICATIONS 
COM            Equity 832914105  25,337,260.00    908,960.0000      X           1       833,060.0000
                                                                    X           1                                        75,900.0000
                                  5,020,287.50    180,100.0000      X           2        94,000.0000
                                                                    X           2                                        86,100.0000
                                    262,136.50      9,404.0000      X           5         9,404.0000
SNYDER OIL 
CORP COM       Equity 833482102   7,115,925.00    480,400.0000      X           3       240,400.0000
                                                                    X           3                        240,000.0000
                                     63,693.75      4,300.0000      X           5         4,300.0000
SOFTNET 
SYSTEMS        Equity 833964109  11,617,450.00    317,200.0000      X           2       221,700.0000
                                                                    X           2                                        95,500.0000
SOFTWARE AG 
SYS INC COM    Equity 834025108   4,010,343.75    475,300.0000      X           1       414,300.0000
                                                                    X           1                                        61,000.0000
                                      4,218.75        500.0000      X           5           500.0000
SOFTWORKS INC  Equity 83404P102   2,422,500.00    170,000.0000      X           2       170,000.0000
SOLECTRON CORP Equity 834182107   2,143,001.36     44,131.0000      X           5        44,131.0000
                                  8,338,528.96    171,716.0000      X           6                        158,116.0000
                                                                    X           6                                        13,600.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                  Market Value  118,036,070.86
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 64             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
SOLUTIA INC    Equity 834376105     1,858,416.30    106,990.0000    X          5          106,990.0000
                                    4,348,058.40    250,320.0000    X          6                         230,320.0000
                                                                    X          6                                         20,000.0000
SONAT INC COM  Equity 835415100       295,050.00      9,835.0000    X          5            9,835.0000
SONIC CORP.    Equity 835451105     5,387,500.00    200,000.0000    X          2          163,500.0000
                                                                    X          2                                         36,500.0000
                                       35,018.75      1,300.0000    X          5            1,300.0000
SONIC 
AUTOMOTIVE 
INC.           Equity 83545G102     4,349,300.00    280,600.0000    X          2          230,600.0000
                                                                    X          2                                         50,000.0000
SOURCE 
INFORMATION 
MGMT CO        Equity 836151209       146,250.00     12,000.0000    X          6                          12,000.0000
SOUTHDOWN INC 
COM            Equity 841297104    36,512,868.75    680,100.0000    X          1          622,000.0000
                                                                    X          1                                         58,100.0000
                                      353,961.69      6,593.0000    X          5            6,593.0000
SOUTHERN 
CO COM         Equity 842587107         4,918.94        211.0000    X          2              211.0000
                                    6,739,713.69    289,103.0000    X          5          289,103.0000
SOUTHLAND CORP
COM NEW        Equity 844436402        57,146.53     28,151.0000    X          5           28,151.0000
SOUTHTRUST 
CORP COM       Equity 844730101    39,235,959.41  1,051,550.0010    X          1        1,015,950.0000
                                                                    X          1                                         35,600.0010
                                    3,990,422.63    106,946.0000    X          5          106,946.0000
SOUTHWEST 
AIRLS CO COM   Equity 844741108     6,970,870.50    230,442.0000    X          5          230,442.0000
SOUTHWEST 
BANCORP INC
OKLA  COM      Equity 844767103       216,787.50      9,400.0000    X          1            9,400.0000
SOVEREIGN 
BANCORP INC 
COM            Equity 845905108     1,320,464.25    107,793.0000    X          5          107,793.0000
SPRINGS INDS 
INC CL A       Equity 851783100     9,887,284.38    365,350.0000    X          3          156,978.0000
                                                                    X          3                                        208,372.0000
                                       72,392.19      2,675.0000    X          5            2,675.0000
SPRINT CORP.   Equity 852061100    17,289,625.00    176,200.0000    X          2          176,200.0000
                                    4,940,397.50     50,348.0000    X          5           50,348.0000
                                1,852,308,176.25 18,877,026.0000    X          6                      16,091,462.0000
                                                                    X          6                                      2,785,564.0000
SPRINT CORP 
PCS SER  1     Equity 852061506     2,553,452.37     57,627.0000    X          5           57,627.0000
                                    9,301,023.48    209,908.0000    X          6                         195,775.0000
                                                                    X          6                                         14,133.0000
STANDARD 
PACIFIC
CORPORATION    Equity 85375C101     6,231,500.00    484,000.0000    X          2          484,000.0000
                                        2,240.25        174.0000    X          5              174.0000
STANDARD PRODS 
CO COM         Equity 853836104     6,162,000.00    379,200.0000    X          3          208,000.0000
                                                                    X          3                         171,200.0000
                                        1,495.00         92.0000    X          5               92.0000
STANLEY 
FURNITURE 
INC COM        Equity 854305208     3,658,200.00    187,600.0000    X          1          187,600.0000
STANLEY WKS 
COM            Equity 854616109     322,837.62       12,601.0000    X          5           12,601.0000
STAPLES 
INC COM        Equity 855030102  45,094,637.57    1,371,700.0022    X          2        1,146,300.0020
                                                                    X          2                                        225,400.0002
- ------------------------------------------------------------------------------------------------------------------------------------
                                Market Val2,069,647,968.93
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 65             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
                                    2,028,650.50     61,708.0000    X           5         61,708.0000
STARBUCKS CORP 
COM            Equity 855244109       421,825.98     15,033.0000    X           5         15,033.0000
STARWOOD 
HOTELS & 
RESORTS WORLDW Equity 85590A203     4,638,086.88    162,398.0000    X           5        162,398.0000
STATE STREET 
CORP COM       Equity 857477103    11,882,657.50    144,470.0000    X           5        144,470.0000
STATION 
CASINOS INC    Equity 857689103     4,213,875.00    330,500.0000    X           2        299,800.0000
                                                                    X           2                                        30,700.0000
STERLING 
BANCORP COM    Equity 859158107     2,220,343.75    113,500.0000    X           1        113,500.0000
STERLING 
SOFTWARE INC 
COM            Equity 859547101    18,078,500.00    761,200.0000    X           3        632,100.0000
                                                                    X           3                        129,100.0000
                                      139,507.50      5,874.0000    X           5          5,874.0000
STEWART 
ENTERPRISES 
CL A           Equity 860370105       946,753.06     58,951.0000    X           5         58,951.0000
STILLWATER MNG 
CO COM         Equity 86074Q102    22,181,375.00    841,000.0000    X           2        674,500.0000
                                                                    X           2                                       166,500.0000
                                      182,356.75      6,914.0000    X           5          6,914.0000
STONE ENERGY 
CORP COM       Equity 861642106     5,440,000.00    170,000.0000    X           2        170,000.0000
                                      376,800.00     11,775.0000    X           5         11,775.0000
STORAGE 
TECHNOLOGY CP 
COM PAR $0     Equity 862111200     5,317,791.09    190,807.0000    X           5        190,807.0000
STRATTEC 
SECURITY CORP. Equity 863111100     3,943,125.00    140,200.0000    X           1        140,200.0000
STRYKER CORP 
COM            Equity 863667101     4,256,925.00     84,400.0000    X           2         55,900.0000
                                                                    X           2                                        28,500.0000
                                    1,345,773.38     26,682.0000    X           5         26,682.0000
STURM RUGER & 
CO INC COM     Equity 864159108     6,677,000.00    667,700.0000    X           3        334,700.0000
                                                                    X           3                        333,000.0000
                                       27,890.00      2,789.0000    X           5          2,789.0000
SUMMIT BANCORP 
COM            Equity 866005101       824,148.00     21,132.0000    X           5         21,132.0000
SUN 
MICROSYSTEMS 
INC COM        Equity 866810104    43,308,278.00    346,300.0000    X           1        334,600.0000
                                                                    X           1                                        11,700.0000
                                    7,196,077.46     57,541.0000    X           5         57,541.0000
SUNDSTRAND 
CORP COM       Equity 867323107     1,271,363.50     18,293.0000    X           5         18,293.0000
SUNGARD DATA 
SYS INC COM    Equity 867363103     2,808,000.00     70,200.0000    X           2         46,500.0000
                                                                    X           2                                        23,700.0000
                                      367,440.00      9,186.0000    X           5          9,186.0000
SUNGLASS HUT  
INTL INC COM   Equity 86736F106     6,762,000.00    644,000.0000    X           2        538,600.0000
                                                                    X           2                                       105,400.0000
                                       21,798.00      2,076.0000    X           5          2,076.0000
SUNOCO INC 
COM            Equity 86764P109     4,598,299.08    127,518.0000    X           5        127,518.0000
SUNTRUST BKS 
INC COM        Equity 867914103     7,910,792.25    127,081.0000    X           5        127,081.0000
SUPERIOR 
TELECOM INC 
COM            Equity 868365107    19,727,734.75  1,045,178.0000    X           1        944,778.0000
                                                                    X           1                                       100,400.0000
SUPERVALU INC 
COM            Equity 868536103    23,409,828.75  1,135,022.0000    X           1      1,044,522.0000
                                                                    X           1                                        90,500.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                    Market Value  212,524,996.18
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 66             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                       Item 6 Inv.
                                                                       Discretion     Item 7                  Item 8
    Item 1            Item 2    Item 3      Item 4         Item 5      S  S   S      Managers            Voting Authority
   Name of            Title     Cusip        Fair         Shares or    O  H   H      Instr.V                 (Shares)
    Issuer              of      Number      Market        Principal    L  R   R               --------------------------------------
                      Class                  Value         Amount      E  D.V D.Othr               Sole         Shared       None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                   <C>     <C>        <C>            <C>            <C><C> <C>    <C>      <C>            <C>          <C>
                                          52,210,125.00 2,531,400.0000    X              3    1,785,023.0000
                                                                          X              3                   746,377.0000
                                           2,355,003.75   114,182.0000    X              5      114,182.0000
SWIFT TRANSN CO COM   Equity  870756103      423,478.08    16,568.0000    X              5       16,568.0000
SYBRON INTL CORP COM  Equity  87114F106      283,400.00    11,336.0000    X              5       11,336.0000
SYKES ENTERPRISES INC 
COM                   Equity  871237103    7,881,018.75   243,900.0000    X              1      213,400.0000
                                                                          X              1                               30,500.0000
SYLVAN LEARNING SYS 
COM                   Equity  871399101      205,001.30     7,490.0000    X              5        7,490.0000
SYMBOL TECHNOLOGIES 
COM                   Equity  871508107   25,621,065.00   569,357.0000    X              1      523,557.0000
                                                                          X              1                               45,800.0000
                                             217,125.00     4,825.0000    X              5        4,825.0000
SYNOPSYS INC COM      Equity  871607107    3,789,375.00    70,500.0000    X              2       46,600.0000
                                                                          X              2                               23,900.0000
                                             274,393.75     5,105.0000    X              5        5,105.0000
SYNOVUS FINL CORP COM Equity  87161C105      377,548.50    18,417.0000    X              5       18,417.0000
SYNTHETECH INC COM    Equity  87162E100       93,625.00    21,400.0000    X              1       21,400.0000
SYSCO CORP COM        Equity  871829107      927,795.84    35,264.0000    X              5       35,264.0000
SYSTEMS & COMPUTER
TECHNOLOGY            Equity  871873105       34,000.00     3,400.0000    X              5        3,400.0000
                                           3,518,000.00   351,800.0000    X              6                   351,800.0000
TCA CABLE TV INC COM  Equity  872241104    8,204,100.00   188,600.0000    X              2      129,300.0000
                                                                          X              2                               59,300.0000
                                             228,853.50     5,261.0000    X              5        5,261.0000
TCF FINL CORP COM     Equity  872275102    1,894,405.64    72,694.0000    X              5       72,694.0000
THQ INC.              Equity  872443403   11,827,687.50   580,500.0000    X              2      522,000.0000
                                                                          X              2                               58,500.0000
TJX COS INC NEW COM   Equity  872540109   50,755,200.00 1,492,800.0000    X              1    1,442,600.0000
                                                                          X              1                               50,200.0000
                                           2,600,558.00    76,487.0000    X              5       76,487.0000
TRW INC COM           Equity  872649108      534,807.00    11,754.0000    X              5       11,754.0000
TSI INTERNATIONAL     Equity  872879101    3,953,812.50    81,000.0000    X              2       28,000.0000
                                                                          X              2                               53,000.0000
TLC LASER CENTERS INC Equity  872934104    8,851,562.50   275,000.0000    X              2      275,000.0000
TMP WORLDWIDE         Equity  872941109   18,043,800.00   278,400.0000    X              2      251,300.0000
                                                                          X              2                               27,100.0000
TACO CABANA INC COM   Equity  873425102    4,841,587.50   549,400.0000    X              1      549,400.0000
                                              27,318.75     3,100.0000    X              5        3,100.0000
TANDY CORP COM        Equity  875382103        2,042.00        32.0000    X              2           32.0000
                                           5,598,972.56    87,741.0000    X              5       87,741.0000
TECHNITROL INC        Equity  878555101       39,824.62     1,727.0000    X              5        1,727.0000
                                           5,247,418.30   227,555.0000    X              6                   227,555.0000
TECUMSEH PRODUCTS CO 
CL A                  Equity  878895200    6,576,031.25   129,100.0000    X              3       68,000.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                           Market Value  227,438,936.59
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 67             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                    Item 6 Inv.
                                                                    Discretion    Item 7                    Item 8
      Item 1       Item 2    Item 3     Item 4        Item 5        S  S   S     Managers              Voting Authority
     Name of       Title     Cusip       Fair        Shares or      O  H   H     Instr.V                   (Shares)
      Issuer         of      Number     Market       Principal      L  R   R              ------------------------------------------
                   Class                 Value        Amount        E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                <C>     <C>       <C>            <C>            <C><C> <C>    <C>      <C>          <C>             <C>
                                                                       X           3                      61,100.0000
                                         147,413.13      2,894.0000    X           5       2,894.0000
                                         886,312.50     17,400.0000    X           6                      17,100.0000
                                                                       X           6                                        300.0000
TEKTRONIX INC COM  Equity  879131100     276,967.25     10,969.0000    X           5      10,969.0000
TELEBANC CAPITAL                                                                         
TRUST              Equity  87925R109  13,581,425.00    170,300.0000    X           2     161,300.0000
                                                                       X           2                                      9,000.0000
TELEPHONE & DATA                                                                         
SYS COM            Equity  879433100     207,779.82      3,686.0000    X           5       3,686.0000
TELLABS INC COM    Equity  879664100  60,839,600.00    622,400.0000    X           1     601,500.0000
                                                                       X           1                                     20,900.0000
                                         391,000.00      4,000.0000    X           2       4,000.0000
                                       3,758,780.75     38,453.0000    X           5      38,453.0000
TEMPLE INLAND INC 
COM                Equity  879868107     240,458.00      3,832.0000    X           5       3,832.0000
TENET HEALTHCARE 
CORP               Equity  88033G100   4,050,735.68    213,872.0000    X           5     213,872.0000
                                     513,829,510.20 27,129,330.0000    X           6                  22,437,600.0000
                                                                       X           6                                  4,691,730.0000
TENNECO INC NEW 
COM                Equity  88037E101  11,902,771.88    426,050.0000    X           3     161,999.0000
                                                                       X           3                     264,051.0000
                                       2,541,306.75     90,964.0000    X           5      90,964.0000
TERADYNE INC COM   Equity  880770102   7,393,218.75    135,500.0000    X           2     135,500.0000
                                         310,569.75      5,692.0000    X           5       5,692.0000
TERAYON COMMUNI-
CATIONS SYSTEMS    Equity  880775101  14,320,000.00    358,000.0000    X           2     303,000.0000
                                                                       X           2                                     55,000.0000
TEREX CORP NEW COM Equity  880779103   8,735,662.50    362,100.0000    X           1     315,900.0000
                                                                       X           1                                     46,200.0000
                                          12,014.25        498.0000    X           5         498.0000
TEVA PHARMACEU-
TICAL INDUSTRIES   Equity  881624209  13,787,709.38    290,650.0000    X           6                     206,150.0000
                                                                       X           6                                     84,500.0000
TETRA TECHNOLOGIES 
INC                Equity  88162F105       9,713.25      1,439.0000    X           5       1,439.0000
                                       6,798,566.25  1,007,195.0000    X           6                   1,007,195.0000
TETRA TECH INC     Equity  88162G103  12,875,990.72    611,323.0016    X           2     591,305.0003
                                                                       X           2                                     20,018.0013
                                          82,754.56      3,929.0000    X           5       3,929.0000
                                       7,725,198.44    366,775.0000    X           6                     366,775.0000
TEXACO INC         Equity  881694103   6,911,923.00    121,796.0000    X           5     121,796.0000
                                     101,911,650.00  1,795,800.0000    X           6                   1,321,600.0000
                                                                       X           6                                    474,200.0000
TEXAS INSTRS INC 
COM                Equity  882508104      14,887.50        150.0000    X           2         150.0000
                                       5,697,247.75     57,403.0000    X           5      57,403.0000
TEXAS UTILS CO COM Equity  882848104   5,932,668.00    141,254.0000    X           5     141,254.0000
TEXTRON INC        Equity  883203101  40,505,812.50    523,500.0000    X           1     505,800.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                       Market Value  845,679,647.55
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 68             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                               Item 6 Inv.
                                                                Discretion    Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5     S  S   S     Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or   O  H   H     Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal   L  R   R              ----------------------------------------------
               Class                  Value          Amount     E  D.V D.Othr             Sole           Shared           None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>            <C><C> <C>   <C>      <C>            <C>             <C>
                                                                   X             1                                       17,700.0000
                                    6,326,953.75     81,770.0000   X             5       81,770.0000
                                  395,004,791.25  5,105,070.0000   X             6                    4,719,520.0000
                                                                   X             6                                      385,550.0000
THERMO                                                                      
ELECTRON CORP                                                               
COM            Equity 883556102       178,436.04     13,159.0000   X             5       13,159.0000
THOMAS & BETTS                                                              
CORP COM       Equity 884315102    16,268,318.75    433,100.0000   X             3      352,600.0000
                                                                   X             3                       80,500.0000
                                    1,487,888.19     39,611.0000   X             5       39,611.0000
THOR INDS INC                                                               
COM            Equity 885160101       871,062.50     38,500.0000   X             3                       38,500.0000
3COM CORP COM  Equity 885535104       687,854.79     29,509.0000   X             5       29,509.0000
TIDEWATER INC                                                                    
COM            Equity 886423102     1,153,672.65     44,595.0000   X             5       44,595.0000
TIFFANY & CO                                                                     
NEW COM        Equity 886547108       269,249.50      3,602.0000   X             5        3,602.0000
TIMBERLAND CO                                                                    
CL A           Equity 887100105     3,922,487.50     62,200.0000   X             1       54,400.0000
                                                                   X             1                                        7,800.0000
                                       61,801.25        980.0000   X             5          980.0000
TIME WARNER                                                                      
INC            Equity 887315109    12,002,718.75    169,500.0000   X             2      169,500.0000
                                   18,886,472.69    266,711.0000   X             5      266,711.0000
                                  840,258,363.31 11,865,961.0000   X             6                   10,549,051.0000
                                                                   X             6                                    1,316,910.0000
TIMES MIRROR                                                                     
CO NEW COM                                                                       
SER A          Equity 887364107       631,959.24     11,677.0000   X             5       11,677.0000
TOLL BROTHERS                                                                    
INC COM        Equity 889478103     6,048,312.50    333,700.0000   X             2      297,400.0000
                                                                   X             2                                       36,300.0000
                                       90,878.75      5,014.0000   X             5        5,014.0000
TORCHMARK CORP                                                                   
COM            Equity 891027104       311,109.18      9,839.0000   X             5        9,839.0000
TORONTO                                                                          
DOMINION BK                                                                      
COM NEW        Equity 891160509       266,452.00      5,800.0000   X             5        5,800.0000
TOSCO CORP COM                                                                   
NEW            Equity 891490302     2,792,167.02    112,542.0000   X             5      112,542.0000
TOWER AUTO-                                                                      
MOTIVE INC COM Equity 891707101    23,622,553.13  1,268,325.0000   X             1    1,159,825.0000
                                                                   X             1                                      108,500.0000
                                   16,000,737.50    859,100.0000   X             2      439,100.0000
                                                                   X             2                                      420,000.0000
                                       76,790.88      4,123.0000   X             5        4,123.0000
TOYS R US INC                                                                    
COM            Equity 892335100       298,778.04     15,884.0000   X             5       15,884.0000
TRANSAMERICA                                                                     
CORP           Equity 893485102     3,526,854.00     49,674.0000   X             5       49,674.0000
                                  214,890,375.00  3,026,625.0000   X             6                    2,274,850.0000
                                                                   X             6                                      751,775.0000
TRANSCANADA                                                                      
PIPELINES COM  Equity 893526103       130,482.66     10,186.0000   X             5       10,186.0000
TRANSOCEAN                                                                       
OFFSHORE COM   Equity 893817106       494,926.99     17,179.0000   X             5       17,179.0000
TRAVELERS PPTY                                                                   
CAS CL A       Equity 893939108    33,259,011.50    930,322.0000   X             1      855,822.0000
                                                                   X             1                                       74,500.0000
                                      106,892.50      2,990.0000   X             5        2,990.0000
TRANSWITCH                                                                       
CORP.          Equity 894065101    16,959,700.00    374,800.0000   X             2      235,100.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                  Market Value  1,616,888,051.80
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 69             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
                                                                    X          2                                        139,700.0000
TRICON GLOBAL 
RESTAURANTS    Equity 895953107  54,615,651.75     777,447.0000     X          2        652,647.0000
                                                                    X          2                                        124,800.0000
                                  1,705,108.00      24,272.0000     X          5         24,272.0000
                                 18,967,500.00     270,000.0000     X          6                         270,000.0000
TRIBUNE CO 
NEW COM        Equity 896047107     706,293.92      10,793.0000     X          5         10,793.0000
TRIGON 
HEALTHCARE INC Equity 89618L100  31,244,733.75     912,255.0000     X          1        835,055.0000
                                                                    X          1                                         77,200.0000
                                     55,348.00       1,616.0000     X          5          1,616.0000
                                  5,898,877.50     172,230.0000     X          6                         172,230.0000
TRINET CORP 
RLTY TR COM    Equity 896287109   6,671,087.50     262,900.0000     X          3        141,500.0000
                                                                    X          3                         121,400.0000
                                     53,769.63       2,119.0000     X          5          2,119.0000
TRUSTMARK 
CORP COM       Equity 898402102     919,227.65      46,685.0000     X          5         46,685.0000
TUPPERWARE 
CORP COM       Equity 899896104  19,044,000.00   1,058,000.0000     X          3        903,400.0000
                                                                    X          3                         154,600.0000
                                    123,120.00       6,840.0000     X          5          6,840.0000
TWEETER HOME
ENTERTAINMENT 
GRP.           Equity 901167106   6,240,375.00     193,500.0000     X          2        193,500.0000
24-7 MEDIA 
INC.           Equity 901314104   9,424,500.00     183,000.0000     X          2        160,000.0000
                                                                    X          2                                         23,000.0000
TYCO INTL LTD 
NEW COM        Equity 902124106  54,673,467.71     761,999.5500     X          1        733,599.5500
                                                                    X          1                                         28,400.0000
                                 38,336,886.00     534,312.0000     X          2        458,812.0000
                                                                    X          2                                         75,500.0000
                                  5,224,619.75      72,817.0000     X          5         72,817.0000
TYSON FOODS 
INC CL A       Equity 902494103     347,840.28      16,812.0000     X          5         16,812.0000
UAL CORP NEW   Equity 902549500      18,610.93         239.0000     X          5            239.0000
                                434,791,427.85   5,583,555.0000     X          6                       4,910,855.0000
                                                                    X          6                                        672,700.0000
UCAR 
INTERNATIONAL  Equity 90262K109      45,268.72       3,206.0000     X          5          3,206.0000
                                 11,292,470.00     799,750.0000     X          6                         593,850.0000
                                                                    X          6                                        205,900.0000
USX MARATHON 
GROUP COM NEW  Equity 902905827   4,675,605.00     170,022.0000     X          5        170,022.0000
UST INC        Equity 902911106   2,074,894.44      79,437.0000     X          5         79,437.0000
                                  4,513,536.00     172,800.0000     X          6                         108,100.0000
                                                                    X          6                                         64,700.0000
US BANCORP 
DEL COM        Equity 902973106  10,545,657.20     309,620.0000     X          5        309,620.0000
U S LIQUIDS 
INC COM        Equity 902974104   4,417,237.50     209,100.0000     X          1        182,100.0000
                                                                    X          1                                         27,000.0000
UNUM CORP COM  Equity 903192102     507,084.72      10,662.0000     X          5         10,662.0000
U S G CORP 
COM NEW        Equity 903293405   3,000,110.74      58,402.0000     X          5         58,402.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                   Market Value 730,134,309.54
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 70             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                     Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers               Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                    (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole           Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>           <C>              <C>
U S 
FOODSERVICE 
COM           Equity 90331R101       247,705.50       5,327.0000    X           5           5,327.0000
USX-U S STL 
COM           Equity 90337T101    29,909,625.00   1,272,750.0000    X           3         835,835.0000
                                                                    X           3                        436,915.0000
                                   4,311,145.50     183,453.0000    X           5         183,453.0000
ULTRAMAR 
DIAMOND SHMRK 
COM           Equity 904000106    30,364,484.25   1,404,138.0000    X           3         901,871.0000
                                                                    X           3                        502,267.0000
                                   1,902,437.75      87,974.0000    X           5          87,974.0000
UNIFI INC     Equity 904677101        13,846.50       1,086.0000    X           5           1,086.0000
                                   2,335,800.00     183,200.0000    X           6                        135,200.0000
                                                                    X           6                                        48,000.0000
UNILEVER NV 
NY SHARES U S
OWNED         Equity 904784501       126,236.00       1,900.0000    X           5           1,900.0000
                                   3,086,138.00      46,450.0000    X           6                         44,950.0000
                                                                    X           6                                         1,500.0000
UNICOM CORP 
COM           Equity 904911104    34,694,156.25     948,900.0000    X           1         917,100.0000
                                                                    X           1                                        31,800.0000
                                       2,486.25          68.0000    X           2              68.0000
                                     934,098.75      25,548.0000    X           5          25,548.0000
UNION CAMP 
CORP COM      Equity 905530101       430,910.40       6,420.0000    X           5           6,420.0000
UNION CARBIDE 
CORP COM      Equity 905581104       422,390.93       9,347.0000    X           5           9,347.0000
UNION PACIFIC 
CORP          Equity 907818108     1,117,644.16      20,914.0000    X           5          20,914.0000
                                  17,263,792.00     323,050.0000    X           6                        222,900.0000
                                                                    X           6                                       100,150.0000
UNION PAC RES 
GROUP COM     Equity 907834105       208,674.60      17,580.0000    X           5          17,580.0000
UNION 
PLANTERS CORP 
COM           Equity 908068109    43,467,368.75     989,300.0000    X           3         560,326.0000
                                                                    X           3                        428,974.0000
                                     757,394.63      17,238.0000    X           5          17,238.0000
UNIONBANCAL 
CORP COM      Equity 908906100     2,874,800.24      84,404.0000    X           5          84,404.0000
UNISOURCE 
WORLDWIDE 
COM           Equity 909208100       151,556.32      21,286.0000    X           5          21,286.0000
UNISYS CORP 
COM           Equity 909214108    34,647,113.06   1,251,363.0000    X           1       1,143,963.0000
                                                                    X           1                                       107,400.0000
                                       2,713.38          98.0000    X           2              98.0000
                                   8,161,278.25     294,764.0000    X           5         294,764.0000
UNITED 
DOMINION 
RLTYTR COM    Equity 910197102     6,846,907.75     667,991.0000    X           3         349,091.0000
                                                                    X           3                        318,900.0000
                                      76,946.75       7,507.0000    X           5           7,507.0000
UNITED 
HEALTHCARE 
CORP COM      Equity 910581107     1,055,557.20      20,060.0000    X           5          20,060.0000
UNITED 
INTERNATIONAL
HLDGS - A     Equity 910734102       215,238.00       4,948.0000    X           5           4,948.0000
UNITED NAT 
FOOD INC COM  Equity 911163103     2,900,837.50     124,100.0000    X           1         124,100.0000
                                   3,576,375.00     153,000.0000    X           2         153,000.0000
                                       1,612.88          69.0000    X           5              69.0000
UNITED 
RENTALS INC   Equity 911363109    17,558,821.50     616,099.0001    X           2         558,349.0001
- ------------------------------------------------------------------------------------------------------------------------------------
                   Market Value  249,666,093.04
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 71             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
                                                                    X          2                                         57,750.0000
                                     82,906.50       2,909.0000     X          5          2,909.0000
UNITED STATES 
FILTER COM NEW Equity 911843209     307,884.10      10,055.0000     X          5         10,055.0000
US AIRWAYS 
GROUP INC COM  Equity 911905107   2,649,211.56      54,276.0000     X          5         54,276.0000
U S HOME CORP 
NEW COM        Equity 911920106   2,942,775.00      90,200.0000     X          1         78,900.0000
                                                                    X          1                                         11,300.0000
                                     42,771.38       1,311.0000     X          5          1,311.0000
U S INDS INC 
NEW COM        Equity 912080108   2,635,019.64     160,281.0000     X          5        160,281.0000
U S WEST INC 
NEW            Equity 91273H101  12,022,896.88     218,350.0000     X          3         85,661.0000
                                                                    X          3                         132,689.0000
                                 17,027,802.81     309,245.0000     X          5        309,245.0000
                                306,823,116.88   5,572,270.0000     X          6                       4,637,780.0000
                                                                    X          6                                        934,490.0000
U S TR CORP 
NEW COM        Equity 91288L105     201,870.99       2,721.0000     X          5          2,721.0000
UNITED 
TECHNOLOGIES 
CORP           Equity 913017109  63,384,750.00     468,000.0000     X          1        451,800.0000
                                                                    X          1                                         16,200.0000
                                     13,679.19         101.0000     X          2            101.0000
                                 12,335,376.63      91,078.0000     X          5         91,078.0000
                                 47,519,601.25     350,860.0000     X          6                         350,860.0000
UNITED 
WISCONSIN 
SERVICES       Equity 913238101   1,984,210.31     271,345.0000     X          6                         251,245.0000
                                                                    X          6                                         20,100.0000
UNITRODE CORP  Equity 913283107      67,200.00       4,800.0000     X          5          4,800.0000
                                 45,435,180.00   3,245,370.0000     X          6                       3,150,370.0000
                                                                    X          6                                         95,000.0000
UNIVERSAL 
CORP VA COM    Equity 913456109   5,708,106.25     223,300.0000     X          3        120,000.0000
                                                                    X          3                         103,300.0000
                                     85,838.88       3,358.0000     X          5          3,358.0000
UNIVERSAL 
FOODS CORP COM Equity 913538104   4,188,937.50     203,100.0000     X          1        176,900.0000
                                                                    X          1                                         26,200.0000
                                  6,076,125.00     294,600.0000     X          3        158,800.0000
                                                                    X          3                         135,800.0000
                                    107,250.00       5,200.0000     X          5          5,200.0000
UNIVERSAL FST 
PRODS COM      Equity 913543104   6,955,650.00     339,300.0000     X          3        170,000.0000
                                                                    X          3                         169,300.0000
                                     20,500.00       1,000.0000     X          5          1,000.0000
UNOCAL CORP    Equity 915289102     679,882.80      18,440.0000     X          5         18,440.0000
                                146,315,866.62   3,968,426.0000     X          6                       3,112,476.0000
                                                                    X          6                                        855,950.0000
USFREIGHTWAYS 
CORP COM       Equity 916906100   4,556,475.00     138,600.0000     X          1        120,800.0000
                                                                    X          1                                         17,800.0000
                                  6,575,000.00     200,000.0000     X          3        107,200.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                   Market Value 696,745,885.15
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 72             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
                                                                    X           3                        92,800.0000
                                       64,040.50     1,948.0000     X           5         1,948.0000
USWEB CORP 
COM            Equity 917327108    22,130,625.00   536,500.0000     X           2       423,700.0000
                                                                    X           2                                       112,800.0000
                                      194,700.00     4,720.0000     X           5         4,720.0000
UTILICORP UTD 
INC COM        Equity 918005109     4,274,656.75   187,897.0000     X           5       187,897.0000
V F CORP COM   Equity 918204108    31,809,562.50   669,675.0000     X           3       438,035.0000
                                                                    X           3                       231,640.0000
                                    7,806,815.00   164,354.0000     X           5       164,354.0000
VALASSIS 
COMMUNICATNS 
COM            Equity 918866104    42,862,455.00   828,260.0000     X           1       752,760.0000
                                                                    X           1                                        75,500.0000
                                   15,323,175.00   296,100.0000     X           2       296,100.0000
                                      354,073.50     6,842.0000     X           5         6,842.0000
VARIAN 
ASSOCIATES 
INC            Equity 922204102        47,275.00     1,220.0000     X           5         1,220.0000
                                   19,375,000.00   500,000.0000     X           6                       500,000.0000
VEECO INSTRS 
INC DEL COM    Equity 922417100    18,498,300.00   500,800.0000     X           2       346,200.0000
                                                                    X           2                                       154,600.0000
                                          147.75         4.0000     X           5             4.0000
VENTANA MED 
SYS INC COM    Equity 92276H106     5,817,500.00   260,000.0000     X           2       260,000.0000
                                           67.13         3.0000     X           5             3.0000
VERITAS 
SOFTWARE CO 
COM            Equity 923436109    34,684,063.00   429,524.0000     X           1       392,624.0000
                                                                    X           1                                        36,900.0000
                                      403,750.00     5,000.0000     X           2         5,000.0000
                                       73,967.00       916.0000     X           5           916.0000
VERITY INC.    Equity 92343C106    10,753,500.00   321,000.0000     X           2       321,000.0000
VERITAS DGC 
INC.           Equity 92343P107    14,250,000.00 1,000,000.0000     X           2       718,100.0000
                                                                    X           2                                       281,900.0000
VETERINARY 
CENTERS OF
AMERICA        Equity 925514101     1,333,400.00    94,400.0000     X           2        38,100.0000
                                                                    X           2                                        56,300.0000
VIACOM INC CL 
B              Equity 925524308     9,726,967.20   115,880.0000     X           5       115,880.0000
VIATEL INC     Equity 925529208    12,825,000.00   450,000.0000     X           2       450,000.0000
VIAD CORP COM  Equity 92552R109     4,490,675.37   161,477.0000     X           5       161,477.0000
VICON INDS INC 
COM            Equity 925811101       203,700.00   29,100.0000      X           1        29,100.0000
VISIO CORP 
COM            Equity 927914101     7,275,937.50  258,700.0000      X           1       226,400.0000
                                                                    X           1                                        32,300.0000
                                       40,668.75    1,446.0000      X           5         1,446.0000
VISUAL 
NETWORKS INC 
COM            Equity 928444108    19,808,750.00  530,000.0000      X           2       358,900.0000
                                                                    X           2                                       171,100.0000
                                       52,325.00    1,400.0000      X           5         1,400.0000
VISX INC DEL 
COM            Equity 92844S105    50,403,787.50  468,600.0000      X           2       358,700.0000
                                                                    X           2                                       109,900.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                    Market Value  334,884,884.45
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 73             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S   S   S     Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O   H   H     Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L   R   R              --------------------------------------------
               Class                  Value          Amount      E   D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
                                    725,293.94        6,743.0000     X          5          6,743.0000
VITAL SIGNS 
INC.           Equity 928469105      19,152.00        1,064.0000     X          5          1,064.0000
                                  5,346,000.00      297,000.0000     X          6                        297,000.0000
VITESSE 
SEMICONDUCTOR 
COM            Equity 928497106   3,668,735.12       72,476.0000     X          5         72,476.0000
VIVUS INC COM  Equity 928551100      93,392.00       23,348.0000     X          5         23,348.0000
VOLT 
INFORMATION 
SCIENCES INC   Equity 928703107       2,005.68          122.0000     X          5            122.0000
                                  6,487,881.60      394,640.0000     X          6                        394,640.0000
VULCAN MATLS 
CO COM         Equity 929160109   8,146,825.00      197,200.0000     X          2        197,200.0000
                                  6,994,949.88      169,318.0000     X          5        169,318.0000
WPP GROUP 
PLC-SPONSORED
ADR            Equity 929309300  87,602,875.00    1,012,750.0000     X          6                        951,950.0000
                                                                     X          6                                        60,800.0000
WABASH NATL 
CORP COM       Equity 929566107   5,856,675.00      503,800.0000     X          1        439,700.0000
                                                                     X          1                                        64,100.0000
                                      3,650.25          314.0000     X          5            314.0000
WACHOVIA CORP 
COM            Equity 929771103   6,379,829.01       78,579.0000     X          5         78,579.0000
WAL MART 
STORES INC COM Equity 931142103  62,641,406.25      679,500.0000     X          1        656,000.0000
                                                                     X          1                                        23,500.0000
                                 56,760,028.13      615,702.0000     X          2        529,702.0000
                                                                     X          2                                        86,000.0000
                                 31,601,875.00      342,800.0000     X          5        342,800.0000
WALGREEN CO 
COM            Equity 931422109   4,311,091.25      152,605.0000     X          5        152,605.0000
WALLACE  
COMPUTER  
SERVICE INC    Equity 932270101      87,322.48        4,408.0000     X          5          4,408.0000
                                 13,842,475.22      698,762.0000     X          6                        698,762.0000
WANG 
LABORATORIES 
INC            Equity 93369N109      78,480.00        4,000.0000     X          5          4,000.0000
                                 18,491,850.00      942,500.0000     X          6                        942,500.0000
WARNER 
LAMBERT CO     Equity 934488107  34,092,250.00      514,600.0000     X          1        497,100.0000
                                                                     X          1                                        17,500.0000
                                  9,500,713.75      143,407.0000     X          5        143,407.0000
                                  2,418,125.00       36,500.0000     X          6                         33,500.0000
                                                                     X          6                                         3,000.0000
WASHINGTON FED 
INC COM        Equity 938824109   6,146,280.00      292,680.0000     X          3        158,950.0000
                                                                     X          3                        133,730.0000
                                      9,660.00          460.0000     X          5            460.0000
WASHINGTON GAS 
LT CO COM      Equity 938837101   6,644,962.50      293,700.0000     X          3        152,900.0000
                                                                     X          3                        140,800.0000
                                     44,254.50        1,956.0000     X          5          1,956.0000
WASHINGTON 
MUTUAL INC.    Equity 939322103   6,194,175.46      151,558.0000     X          5        151,558.0000
WASHINGTON 
POST CO CL B   Equity 939640108     451,619.00          866.0000     X          5            866.0000
WASTE 
CONNECTIONS    Equity 941053100   2,483,000.00      104,000.0000     X          2         93,400.0000
                                                                     X          2                                        10,600.0000
WASTE INDS 
INC COM        Equity 941058109     256,500.00       17,100.0000     X          1         17,100.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                  Market Value  387,383,333.01
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 74             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>       <C>              <C>             <C><C> <C>    <C>      <C>          <C>              <C>
WASTE MGMT 
INC DEL COM    Equity 94106L109    33,152,562.50    747,100.0000    X           1        721,800.0000
                                                                    X           1                                        25,300.0000
                                    4,098,830.00     92,368.0000    X           5         92,368.0000
WATERS CORP 
COM            Equity 941848103    51,060,690.19    486,003.0000    X           1        447,603.0000
                                                                    X           1                                        38,400.0000
                                      460,909.19      4,387.0000    X           5          4,387.0000
WATSON 
PHARMACEUTICALS 
COM            Equity 942683103       499,085.44     11,312.0000    X           5         11,312.0000
WAUSAU-MOSINEE 
PAPER COM      Equity 943315101     6,092,632.00    435,188.0000    X           3        229,488.0000
                                                                    X           3                        205,700.0000
                                       53,396.00      3,814.0000    X           5          3,814.0000
WEBSTER FINL 
CORP CONN COM  Equity 947890109    13,080,375.00    453,000.0000    X           2        435,000.0000
                                                                    X           2                                        18,000.0000
                                      127,050.00      4,400.0000    X           5          4,400.0000
WEBTRENDS 
CORP.          Equity 94844D104     4,011,562.50     82,500.0000    X           2         82,500.0000
WELLPOINT HLT 
NETW NEW COM   Equity 94973H108    44,183,525.00    582,800.0000    X           1        563,400.0000
                                                                    X           1                                        19,400.0000
                                    4,038,683.50     53,272.0000    X           5         53,272.0000
WELLS FARGO & 
CO             Equity 949746101    37,997,231.25  1,083,700.0000    X           1      1,047,000.0000
                                                                    X           1                                        36,700.0000
                                   33,719,606.25    961,700.0000    X           2        825,600.0000
                                                                    X           2                                       136,100.0000
                                   19,609,684.88    559,278.0000    X           5        559,278.0000
                                1,557,902,574.94 44,432,159.0000    X           6                     38,276,549.0000
                                                                    X           6                                     6,155,610.0000
WENDYS INTL 
INC COM        Equity 950590109    27,473,468.75    966,100.0000    X           2        827,600.0000
                                                                    X           2                                       138,500.0000
                                      277,720.63      9,766.0000    X           5          9,766.0000
WESLEY JESSEN 
VISIONCARE
INCCOM         Equity 951018100    10,085,118.75    365,900.0000    X           1        319,200.0000
                                                                    X           1                                        46,700.0000
WEST COAST 
BANCORP ORE
NEW COM        Equity 952145100     3,074,093.75    164,500.0000    X           1        164,500.0000
WESTAMERICA 
BANCORP COM    Equity 957090103    10,964,387.50    346,700.0000    X           1        303,300.0000
                                                                    X           1                                        43,400.0000
                                      101,200.00      3,200.0000    X           5          3,200.0000
WESTERN RES 
INC COM        Equity 959425109     1,719,529.94     64,426.0000    X           5         64,426.0000
WESTERN 
WIRELESS CORP 
CL A           Equity 95988E204       302,107.50      8,334.0000    X           5          8,334.0000
WESTNGHOUSE 
AIR BRAKE      Equity 960386100     6,815,687.50    326,500.0000    X           3        162,600.0000
                                                                    X           3                        163,900.0000
WESTPOINT 
STEVENS INC    Equity 961238102    26,462,106.63    955,742.0000    X           1        874,542.0000
                                                                    X           1                                        81,200.0000
                                       68,637.31      2,479.0000    X           5          2,479.0000
                                    1,573,619.06     56,835.0000    X           6                         56,835.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                  Market Value  1,899,006,075.94
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 75             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S   S   S     Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O   H   H     Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L   R   R              --------------------------------------------
               Class                  Value          Amount      E   D.V D.Othr             Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>     <C>        <C>            <C>             <C><C> <C>    <C>      <C>            <C>              <C>
WESTVACO CORP 
COM            Equity  961548104  29,732,850.00  1,415,850.0000      X            3     914,007.0000
                                                                     X            3                    501,843.0000
                                     166,950.00      7,950.0000      X            5       7,950.0000
WEYERHAEUSER 
CO COM         Equity  962166104   3,382,336.50     60,943.0000      X            5      60,943.0000
WHIRLPOOL 
CORP COM       Equity  963320106  30,352,125.00    558,200.0000      X            3     374,294.0000
                                                                     X            3                    183,906.0000
                                   1,582,801.88     29,109.0000      X            5      29,109.0000
WHITMAN CO     Equity  96647K102  15,563,281.25    905,500.0000      X            3     748,500.0000
                                                                     X            3                    157,000.0000
                                      83,032.81      4,831.0000      X            5       4,831.0000
                                   6,376,562.50    371,000.0000      X            6                    265,600.0000
                                                                     X            6                                     105,400.0000
WILLAMETTE 
INDS INC COM   Equity  969133107     427,707.50     11,330.0000      X            5      11,330.0000
WILLIAMS COS 
INC DEL COM    Equity  969457100       3,871.00         98.0000      X            2          98.0000
                                   1,672,548.50     42,343.0000      X            5      42,343.0000
WINN DIXIE 
STORES INC COM Equity  974280109     478,709.70     12,810.0000      X            5      12,810.0000
WINNEBAGO 
INDUSTRIES     Equity  974637100   4,312,000.00    308,000.0000      X            2     308,000.0000
WINSLOEW 
FURNITURE INC 
COM            Equity  975377102   8,878,162.50    297,800.0000      X            1     275,900.0000
                                                                     X            1                                      21,900.0000
WINSTAR 
COMMUNICATIONS 
COM            Equity  975515107  29,656,540.80    816,000.0000      X            2     515,000.0000
                                                                     X            2                                     301,000.0000
                                     166,999.76      4,595.0000      X            5       4,595.0000
WORLD FUEL 
SVCS CORP      Equity  981475106   6,553,012.50    563,700.0000      X            3     294,100.0000
                                                                     X            3                    269,600.0000
WORLDPORT 
COMMUNICATIONS Equity  98155J105   3,000,000.00    300,000.0000      X            2     245,500.0000
                                                                     X            2                                      54,500.0000
WORTHINGTON 
INDS INC COM   Equity  981811102     128,180.75     10,909.0000      X            5      10,909.0000
WILLIAM 
WRIGLEY JR CO  Equity  982526105     990,227.56     10,949.0000      X            5      10,949.0000
                                   1,546,524.00     17,100.0000      X            6                      6,400.0000
                                                                     X            6                                      10,700.0000
WYMAN GORDON 
CO COM         Equity  983085101     136,798.25     14,789.0000      X            5      14,789.0000
XILINX INC 
COM            Equity  983919101     405,625.00     10,000.0000      X            2      10,000.0000
                                   2,211,994.81     54,533.0000      X            5      54,533.0000
XEROX CORP 
COM            Equity  984121103   9,113,535.00    174,840.0000      X            2     174,840.0000
                                   5,309,035.50    101,852.0000      X            5     101,852.0000
XOMED SURGICAL 
PRODUCTS       Equity  98412V107   7,850,000.00    200,000.0000      X            2     145,800.0000
                                                                     X            2                                      54,200.0000
YAHOO INC 
COM            Equity  984332106     505,125.00      3,000.0000      X            2       3,000.0000
                                     885,147.38      5,257.0000      X            5       5,257.0000
YORK 
INTERNATIONAL 
CORP           Equity  986670107     133,154.01      3,771.0000      X            5       3,771.0000
                                  37,665,177.00  1,066,700.0000      X            6                    862,700.0000
- ------------------------------------------------------------------------------------------------------------------------------------
                  Market Value   209,270,016.46
</TABLE>
<PAGE>
 
<TABLE>
<CAPTION>
Page: 76             Form 13F              Reporting Manager: Pimco Advisors L.P.             I.D.# 28-2701               Qtr 1 1999
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                 Item 6 Inv.
                                                                 Discretion     Item 7                    Item 8
    Item 1     Item 2    Item 3      Item 4          Item 5      S  S   S      Managers              Voting Authority
   Name of     Title     Cusip        Fair          Shares or    O  H   H      Instr.V                   (Shares)
    Issuer       of      Number      Market         Principal    L  R   R               --------------------------------------------
               Class                  Value          Amount      E  D.V D.Othr              Sole          Shared          None
- ------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>     <C>        <C>            <C>             <C><C> <C>    <C>      <C>           <C>               <C>
                                                                     X            6                                     204,000.0000
ZIONS 
BANCORPORATION 
COM            Equity  989701107  28,668,017.00    431,098.0000      X            1     395,698.0000
                                                                     X            1                                      35,400.0000
                                   3,458,000.00     52,000.0000      X            2      34,300.0000
                                                                     X            2                                      17,700.0000
                                     523,421.50      7,871.0000      X            5       7,871.0000
ZONAGEN INC    Equity  98975L108     814,850.00     37,900.0000      X            1      37,900.0000
                                      48,461.00      2,254.0000      X            5       2,254.0000
LERNOUT &
HAUSPIE SPEECH
PRDSORD        Equity  B5628B104   3,603,000.00    120,100.0000      X            1     104,700.0000
                                                                     X            1                                      15,400.0000
ACE 
LIMITED-ORD    Equity  G0070K103 543,617,523.63 17,430,622.0000      X            6                   15,941,357.0000
                                                                     X            6                                   1,489,265.0000
AMDOCS LTD     Equity  G02602103     346,000.00     16,000.0000      X            2      16,000.0000
ANNUITY AND 
LIFE RE HLDGS  Equity  G03910109   5,414,512.50    236,700.0000      X            2     136,700.0000
                                                                     X            2                                     100,000.0000
                                  26,217,495.00  1,146,120.0000      X            6                    1,122,920.0000
                                                                     X            6                                      23,200.0000
LORAL SPACE 
COMMUNICATIONS Equity  G56462107   2,626,181.25    181,900.0000      X            6                       78,900.0000
                                                                     X            6                                     103,000.0000
PARTNER RE LTD Equity  G6852T105   6,058,800.00    149,600.0000      X            6                      116,600.0000
                                                                     X            6                                      33,000.0000
RENAISSANCERE 
HOLDINGS LTD   Equity  G7496G103  33,034,978.44    945,545.0000      X            6                      940,445.0000
                                                                     X            6                                       5,100.0000
TERRA NOVA 
BERMUDA
HOLDING CL A   Equity  G87615103   6,781,250.00    310,000.0000      X            6                      310,000.0000
TOMMY 
HILFIGER       Equity  G8915Z102  17,245,198.00    250,384.0000      X            1     228,784.0000
                                                                     X            1                                      21,600.0000
                                  10,668,324.25    154,894.0000      X            2     154,894.0000
XL CAPITAL 
LTD-CL A       Equity  G98255105 948,878,489.25 15,619,399.0000      X            6                   13,923,768.0000
                                                                     X            6                                   1,695,631.0000
GALILEO 
TECHNOLOGY     Equity  M47298100  16,912,350.00    578,200.0000      X            2     351,000.0000
                                                                     X            2                                     227,200.0000
GILAT 
SATELLITE 
NETWORKS
LTD.           Equity  M51474100   8,994,000.00    149,900.0000      X            1     130,700.0000
                                                                     X            1                                      19,200.0000
                                  23,568,000.00    392,800.0000      X            2     274,500.0000
                                                                     X            2                                     118,300.0000
CORE LABS      Equity  N22717107   4,742,887.50    269,100.0000      X            2     269,100.0000

FLEXTRONICS 
INTERNATIONAL
LTD            Equity  Y2573F102   3,541,950.00     69,450.0000      X            6                       69,450.0000
- ------------------------------------------------------------------------------------------------------------------------------------
               Market Value    1,695,763,689.31
         Total Market Value   61,655,958,445.82
</TABLE>


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