UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 30, 2000
Check here if Amendment [ ]; Amendment Number:
This Amendment (check only one): [ ] is a restatement.
[ ] adds new holdings
entries.
Institutional Investment Manager Filing this Report:
Newell Associates
525 University Avenue
Suite 620
Palo Alto, CA 94301
13F File Number: 801-86949
The institutional investment manager filing this report and the
person by whom it is signed hereby represent that the person
signing the report is authorized to submit it, that all
information contained herein is true, correct and complete,
and that it is understood that all required items,
statements, schedules, lists, and tables, are considered integral
parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Jennifer C. Newell, CFA
President
(650) 327-2332
Palo Alto, California
March 30, 2000
Report Type:
[ x] 13F HOLDINGS REPORT
[ ] 13F NOTICE
[ ] 13F COMBINATION REPORT
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934.
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 136
Form 13F Information Table Value Total: $1,726,913,000.00
List of Other Included Managers: 0
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<TABLE>
NEWELL ASSOCIATES
FORM 13F
March 31, 2000
Voting Authority
--------------------------
Value Shares/ ShPuInvsOther
Name ofTitlCUSIP (x$1000)Prn Amt PrCaDscrMaSole Shared None
- -------------------- ------------------------------------------------
<C> <C> <C> <C> <C> <C> <C> <C><C> <C> <C>
AT&T CoCOM 001957109 56470 1002802SH Sole 47250 955552
Abbott COM 002824100 10095 286900SH Sole 11400 275500
AlbertsCOM 013104104 8988 291100SH Sole 12000 279100
Alcoa ICOM 013817101 393 5600SH Sole 5600
AllstatCOM 020002101 352 14800SH Sole 14800
AmericaCOM 026351106 12252 218300SH Sole 10500 207800
AmericaCOM 026609107 46091 857500SH Sole 45000 812500
AmericaCOM 026874107 460 4200SH Sole 4200
AnheuseCOM 035229103 15077 242200SH Sole 12900 229300
Apple CCOM 037833100 367 2700SH Sole 2700
AssociaCOM 046008108 250 11700SH Sole 11700
AtlantiCOM 048825103 29605 348300SH Sole 18200 330100
Avon PrCOM 054303102 7886 269600SH Sole 11100 258500
BP AmocCOM 055622104 42609 800178SH Sole 40310 759868
Baker HCOM 057224107 8301 274400SH Sole 12100 262300
Bank OnCOM 06423A103 23289 675052SH Sole 32220 642832
Bank ofCOM 060505104 41096 783708SH Sole 34873 748835
Bank ofCOM 064057102 274 6600SH Sole 6600
Baxter COM 071813109 10805 172359SH Sole 9000 163359
Bell AtCOM 077853109 56261 920418SH Sole 46928 873490
BellSouCOM 079860102 26569 566804SH Sole 24800 542004
BestfooCOM 08658U101 6956 148601SH Sole 6600 142001
Boeing COM 097023105 6576 173900SH Sole 7700 166200
BristolCOM 110122108 63806 1100100SH Sole 51700 1048400
CIGNA CCOM 125509109 235 3100SH Sole 3100
CSX CorCOM 126408103 5144 218900SH Sole 8600 210300
CampbelCOM 134429109 6116 198900SH Sole 8700 190200
CaterpiCOM 149123101 9684 245564SH Sole 10700 234864
CentralCOM 152357109 4314 251900SH Sole 12500 239400
Chase MCOM 16161A108 12830 147157SH Sole 6000 141157
ChevronCOM 166751107 35972 389146SH Sole 21600 367546
Chubb CCOM 171232101 8574 126901SH Sole 5600 121301
CitigroCOM 172967101 1156 19300SH Sole 19300
Clorox COM 189054109 6514 197400SH Sole 8900 188500
Coca-CoCOM 191216100 12204 260000SH Sole 11100 248900
Compaq COM 204493100 348 12900SH Sole 12900
ConAgraCOM 205887102 4807 265200SH Sole 11100 254100
Deere &COM 244199105 5212 137146SH Sole 6000 131146
DominioCOM 25746U109 9514 247527SH Sole 12832 234695
Dow CheCOM 260543103 31718 278229SH Sole 13000 265229
Du PontCOM 263534109 15984 301936SH Sole 12728 289208
Duke EnCOM 264399106 12618 240352SH Sole 11700 228652
Dun & BCOM 26483B106 524 18300SH Sole 1100 17200
EastmanCOM 277461109 9566 176124SH Sole 8500 167624
Edison COM 281020107 8777 529940SH Sole 24700 505240
ElectroCOM 285661104 327 5100SH Sole 5100
EmersonCOM 291011104 10193 191859SH Sole 9300 182559
Exxon MCOM 30231G102 95519 1225580SH Sole 60946 1164634
FPL GroCOM 302571104 5419 117635SH Sole 5800 111835
Fannie COM 313586109 8479 149900SH Sole 6500 143400
FederalCOM 313400301 292 6600SH Sole 6600
First DCOM 319963104 288 6500SH Sole 6500
First UCOM 337358105 22346 599884SH Sole 31312 568572
Fleet BCOM 339030108 12782 350199SH Sole 17400 332799
Ford MoCOM 345370100 17511 381191SH Sole 16400 364791
FortuneCOM 349631101 5223 208931SH Sole 9600 199331
GTE CorCOM 362320103 37081 522273SH Sole 28300 493973
GannettCOM 364730101 373 5300SH Sole 5300
GeneralCOM 369604103 35047 225200SH Sole 9700 215500
GeneralCOM 370334104 9488 262200SH Sole 15200 247000
GeneralCOM 370442105 464 5600SH Sole 5600
GenuineCOM 372460105 7686 321946SH Sole 15850 306096
GillettCOM 375766102 15395 408500SH Sole 18700 389800
Glaxo WCOM 37733W105 28937 504900SH Sole 22900 482000
GoodyeaCOM 382550101 5143 220600SH Sole 9100 211500
Heinz (COM 423074103 8765 251340SH Sole 13350 237990
HersheyCOM 427866108 5128 105200SH Sole 5100 100100
HewlettCOM 428236103 385 2900SH Sole 2900
HoneyweCOM 438516106 5557 105462SH Sole 4687 100775
HousehoCOM 441815107 295 7900SH Sole 7900
InternaCOM 459200101 354 3000SH Sole 3000
InternaCOM 459506101 4709 134300SH Sole 6000 128300
InternaCOM 460146103 18252 426949SH Sole 17907 409042
JohnsonCOM 478160104 6835 97300SH Sole 4400 92900
KelloggCOM 487836108 7555 293400SH Sole 13800 279600
KeyCorpCOM 493267108 7265 382370SH Sole 16200 366170
KimberlCOM 494368103 13476 240375SH Sole 9500 230875
Lilly, COM 532457108 12769 203900SH Sole 9100 194800
LincolnCOM 534187109 13671 408100SH Sole 18800 389300
LockheeCOM 539830109 5263 257500SH Sole 9500 248000
Marsh &COM 571748102 22261 201800SH Sole 11600 190200
May DepCOM 577778103 16349 573654SH Sole 26850 546804
McDonalCOM 580135101 258 6900SH Sole 6900
McGraw-COM 580645109 7931 174300SH Sole 8800 165500
Mellon COM 58551A108 11376 382400SH Sole 17700 364700
Merck &COM 589331107 36486 587300SH Sole 24400 562900
MerrillCOM 590188108 12339 117516SH Sole 5300 112216
MinnesoCOM 604059105 23107 260907SH Sole 13300 247607
Morgan COM 616880100 20408 154900SH Sole 7600 147300
Morgan COM 617446448 564 6800SH Sole 6800
MotorolCOM 620076109 759 5200SH Sole 5200
NationaCOM 637640103 243 4000SH Sole 4000
Newell COM 651229106 4494 181100SH Sole 8300 172800
NorfolkCOM 655844108 5115 358958SH Sole 15000 343958
NortherCOM 665772109 4239 213300SH Sole 10200 203100
PNC BanCOM 693475105 12270 272294SH Sole 13200 259094
Penney COM 708160106 6384 429180SH Sole 20600 408580
PepsiCoCOM 713448108 14191 406900SH Sole 18300 388600
PharmacCOM 716941109 40400 678994SH Sole 35970 643024
Philip COM 718154107 21359 1011100SH Sole 47600 963500
PhillipCOM 718507106 8209 177500SH Sole 9400 168100
Pitney COM 724479100 9291 207900SH Sole 10000 197900
ProcterCOM 742718109 18775 332300SH Sole 14700 317600
Quaker COM 747402105 9700 160000SH Sole 8700 151300
RalstonCOM 751277302 3006 109300SH Sole 4300 105000
Royal DCOM 780257804 30802 532800SH Sole 22900 509900
SAFECO COM 786429100 6234 234700SH Sole 12500 222200
SBC ComCOM 78387G103 57180 1357388SH Sole 66581 1290807
Sara LeCOM 803111103 9517 528700SH Sole 23300 505400
ScherinCOM 806605101 5472 147400SH Sole 6200 141200
SchlumbCOM 806857108 9012 117800SH Sole 5200 112600
ScottisCOM 81013T705 8848 279222SH Sole 14482 264740
Sears, COM 812387108 6487 211829SH Sole 9000 202829
Sempra COM 816851109 1362 81300SH Sole 4715 76585
SmithKlCOM 832378301 10662 161400SH Sole 6300 155100
SoutherCOM 842587107 11754 540410SH Sole 23700 516710
Sprint COM 852061100 424 6700SH Sole 6700
St. PauCOM 792860108 10259 300633SH Sole 14100 286533
SuntrusCOM 867914103 404 7000SH Sole 7000
TECO EnCOM 872375100 4160 214000SH Sole 10000 204000
Texaco COM 881694103 22763 423500SH Sole 24000 399500
Texas UCOM 882848104 7200 242534SH Sole 11023 231511
Thomas COM 884315102 1124 39800SH Sole 6600 33200
U S WesCOM 91273H101 25690 353734SH Sole 16434 337300
U.S. BaCOM 902973106 9683 442667SH Sole 19445 423222
UST IncCOM 902911106 2905 185900SH Sole 11500 174400
USX-MarCOM 902905827 5515 211600SH Sole 11700 199900
Union PCOM 907818108 7242 185100SH Sole 8700 176400
Unocal COM 915289102 1898 63800SH Sole 2400 61400
WachoviCOM 929771103 11042 163435SH Sole 7500 155935
Walt DiCOM 254687106 528 12800SH Sole 12800
WashingCOM 939322103 11778 444460SH Sole 20260 424200
Wells FCOM 949746101 6922 169865SH Sole 6900 162965
WeyerhaCOM 962166104 13264 232700SH Sole 9800 222900
WhirlpoCOM 963320106 5089 86800SH Sole 3900 82900
Xerox CCOM 984121103 7267 279500SH Sole 11600 267900
</TABLE>