UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 1999
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: The Portola Group, Inc.
Address: 3000 Sand Hill Rd #2-145
Menlo Park, CA 94025
13F File Number: 28-3043__
The institutional investment manager filing this report and the
person by whom it is signed hereby represent that the person
signing the report is authorized to submit it, that all
information contained herein is true, correct and complete, and
that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of
this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Thomas Six___
Title: CFO__________
Phone: (650)854-7550
Signature, Place, and Date of Signing:
Thomas Six_____ Menlo Park, CA__ Aug 13, 1999____
Report Type (Check only one.):
[X ] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934.
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers:
Form 13F Information Table Entry Total: 142
Form 13F Information Table Value Total: $998,715
List of Other Included Managers:
No. 13F File Number Name
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FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTORITY
NAME OF ISSUER TITLE OF CLASS CUSIP NO (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ----------- -------- -------- --------
AES CORPORATION COM 00130H105 274 4706 SH DEFINED 0 0 4706
AT&T CORP COM 001957109 840 15047 SH DEFINED 0 0 15047
AT&T CORP NEW LIBERTY MEDIA GROUP CL A 001957208 417 11336 SH DEFINED 0 0 11336
ABBOTT LABORATORIES COM 002824100 697 15364 SH DEFINED 0 0 15364
ADAPTIVE BROADBAND CORP COM 00650M104 219 10000 SH DEFINED 0 0 10000
ADOBE SYSTEMS INC COM 00724F101 1978 24081 SH DEFINED 0 0 24081
AFFYMETRIX INC COM 00826T108 21673 438946 SH DEFINED 0 0 438946
ALTERA CORP. COM 021441100 339 9200 SH DEFINED 0 0 9200
AMAZON COM INC COM 023135106 16809 134341 SH DEFINED 0 0 134341
AMERICA ONLINE INC COM 02364J104 21398 194525 SH DEFINED 0 0 194525
AMERICAN HOME PRODUCTS CORP COM 026609107 264 4606 SH DEFINED 0 0 4606
AMERICAN INTL GROUP INC COM 026874107 542 4625 SH DEFINED 0 0 4625
AMERITECH CORP (NEW) COM 030954101 368 5012 SH DEFINED 0 0 5012
AMGEN INC COM 031162100 18643 306246 SH DEFINED 0 0 306246
APPLIED MATERIALS INC COM 038222105 19728 267046 SH DEFINED 0 0 267046
ARGENTINA FD INC COM 040112104 1245 113140 SH DEFINED 0 0 113140
ARTHROCARE CORP COM 043136100 224 10934 SH DEFINED 0 0 10934
AUTODESK INC COM 052769106 649 21950 SH DEFINED 0 0 21950
AVIRON COM 053762100 1328 46174 SH DEFINED 0 0 46174
BP AMOCO PLC ADRS COM 055622104 15523 143072 SH DEFINED 0 0 143072
BANCO SANTANDER SA COM 05964H105 14158 1340434 SH DEFINED 0 0 1340434
BANK OF AMERICA CORP COM 060505104 13367 182329 SH DEFINED 0 0 182329
BARRICK GOLD CORP COM 067901108 1585 81800 SH DEFINED 0 0 81800
BELL ATLANTIC CORP COM 077853109 365 5581 SH DEFINED 0 0 5581
BELLSOUTH CORP COM 079860102 435 9438 SH DEFINED 0 0 9438
BOEING COMPANY COM 097023105 16126 366509 SH DEFINED 0 0 366509
BOSTON SCIENTIFIC CORP COM 101137107 28064 638720 SH DEFINED 0 0 638720
BRAZIL FUND INC COM 105759104 1709 115848 SH DEFINED 0 0 115848
BRISTOL-MYERS SQUIBB CO COM 110122108 13293 188714 SH DEFINED 0 0 188714
CATERPILLAR INC COM 149123101 6718 111960 SH DEFINED 0 0 111960
CHASE MANHATTAN CORP COM 16161A108 12914 149292 SH DEFINED 0 0 149292
CHEVRON CORP COM 166751107 1166 12264 SH DEFINED 0 0 12264
CHILE FUND INC. FUND 168834109 899 77782 SH DEFINED 0 0 77782
CISCO SYSTEMS INC COM 17275R102 55760 865342 SH DEFINED 0 0 865342
CITIGROUP INC COM 172967101 305 6412 SH DEFINED 0 0 6412
CLOROX CO COM 189054109 331 3100 SH DEFINED 0 0 3100
COCA-COLA COMPANY COM 191216100 2943 47473 SH DEFINED 0 0 47473
COLGATE PALMOLIVE CO COM 194162103 266 2700 SH DEFINED 0 0 2700
COMPANIA DE TELECOM DECHILE SA SPONSORED ADRS204449300 225 9100 SH DEFINED 0 0 9100
COMPAQ COMPUTER CORP COM 204493100 1069 45114 SH DEFINED 0 0 45114
CONDUCTUS INC COM 206784100 767 395773 SH DEFINED 0 0 395773
CORNING INC. COM 219350105 17973 256300 SH DEFINED 0 0 256300
DELL COMPUTER CORP COM 247025109 12982 350861 SH DEFINED 0 0 350861
DIEBOLD INCORPORATED COM 253651103 1813 63067 SH DEFINED 0 0 63067
DISNEY WALT CO COM 254687106 11388 369592 SH DEFINED 0 0 369592
DU PONT (E.I.) DE NEMOURS COM 263534109 295 4320 SH DEFINED 0 0 4320
EMC CORPORATION MASS COM 268648102 242 4400 SH DEFINED 0 0 4400
EMPRESAS ICA SOCIEDAD SA DE CV COM 292448107 7773 1151550 SH DEFINED 0 0 1151550
EPICOR SOFTWARE CORP COM 29426L108 1734 233200 SH DEFINED 0 0 233200
EQUIFAX INC COM 294429105 460 12900 SH DEFINED 0 0 12900
EQUITY RESIDENTIAL PPTY TR SBI COM 29476L107 1658 36789 SH DEFINED 0 0 36789
ERICSSON L M TEL CO COM 294821400 35034 1063666 SH DEFINED 0 0 1063666
ESSEX PROPERTIES TRUST COM 297178105 12036 340250 SH DEFINED 0 0 340250
EXXON CORPORATION COM 302290101 2355 30530 SH DEFINED 0 0 30530
FSI INTL INC COM 302633102 586 70469 SH DEFINED 0 0 70469
FEDERAL NATL MTG ASSN COM 313586109 313 4590 SH DEFINED 0 0 4590
FORD MOTOR COMPANY COM 345370100 429 7600 SH DEFINED 0 0 7600
GTE CORP COM 362320103 238 3157 SH DEFINED 0 0 3157
GENERAL ELECTRIC COMPANY COM 369604103 7273 64365 SH DEFINED 0 0 64365
GENERAL INSTRUMENT CORP COM 370120107 21933 516075 SH DEFINED 0 0 516075
GENERAL MAGIC INC COM 370253106 1375 389250 SH DEFINED 0 0 389250
GERMANY FUND INC COM 374143105 1172 82989 SH DEFINED 0 0 82989
GILLETTE COMPANY COM 375766102 12021 293194 SH DEFINED 0 0 293194
GUIDANT CORP COM 401698105 315 6164 SH DEFINED 0 0 6164
HALLIBURTON COMPANY COM 406216101 22890 505859 SH DEFINED 0 0 505859
HEWLETT-PACKARD COMPANY COM 428236103 852 8476 SH DEFINED 0 0 8476
HONG KONG TELECOM LTD ADR COM 438579203 1159 43026 SH DEFINED 0 0 43026
IDACORP INC COM 451107106 10337 328173 SH DEFINED 0 0 328173
IMPERIAL OIL LTD NEW COM 453038408 7462 394045 SH DEFINED 0 0 394045
INFORMIX CORP COM 456779107 12574 1473875 SH DEFINED 0 0 1473875
INFOSEEK CORP COM 45678M107 504 10510 SH DEFINED 0 0 10510
INKTOMI CORPORATION COM 457277101 446 3392 SH DEFINED 0 0 3392
INTEL CORPORATION COM 458140100 70347 1182306 SH DEFINED 0 0 1182306
INTERNATIONAL BUSINESS MACHINE COM 459200101 1608 12442 SH DEFINED 0 0 12442
INTUIT INC COM 461202103 314 3484 SH DEFINED 0 0 3484
JARDINE FLEMING CHINA REGION FUND INC 471110106 1737 198483 SH DEFINED 0 0 198483
JOHNSON & JOHNSON COM 478160104 8624 88004 SH DEFINED 0 0 88004
KLA-TENCOR CORP COM 482480100 21067 324728 SH DEFINED 0 0 324728
KLM ROYAL DUTCH AIRLINES N Y REG 482516101 4012 140456 SH DEFINED 0 0 140456
KOREA FD INC COM 500634100 13206 887766 SH DEFINED 0 0 887766
LAUDER ESTEE COM 518439104 9128 182100 SH DEFINED 0 0 182100
LILLY ELI & COMPANY COM 532457108 246 3440 SH DEFINED 0 0 3440
LUCENT TECHNOLOGIES COM 549463107 5857 86846 SH DEFINED 0 0 86846
LUXOTTICA GROUP S P A ADR COM 55068R202 5758 370000 SH DEFINED 0 0 370000
MCI WORLDCOM INC COM 55268B106 447 5192 SH DEFINED 0 0 5192
MEMC ELECTRONIC MATERIALS INC COM 552715104 695 57000 SH DEFINED 0 0 57000
MMC NETWORKS COM 55308N102 1523 34034 SH DEFINED 0 0 34034
MANITOWOC INC COM 563571108 17420 418498 SH DEFINED 0 0 418498
MARSH & MCLENNAN COS INC COM 571748102 586 7748 SH DEFINED 0 0 7748
MATTEL INC COM 577081102 17168 657166 SH DEFINED 0 0 657166
MAY DEPT STORES CO COM 577778103 269 6571 SH DEFINED 0 0 6571
MCDONALDS CORP COM 580135101 6213 151067 SH DEFINED 0 0 151067
MERCK & COMPANY INCORPORATED COM 589331107 2128 28904 SH DEFINED 0 0 28904
MEXICO FD INC FUND 592835102 703 40591 SH DEFINED 0 0 40591
MICROSOFT CORP COM 594918104 26666 295678 SH DEFINED 0 0 295678
MOBIL CORPORATION COM 607059102 272 2758 SH DEFINED 0 0 2758
MOTOROLA INC COM 620076109 8070 85171 SH DEFINED 0 0 85171
MUELLER INDS INC COM 624756102 6423 189250 SH DEFINED 0 0 189250
NETMANAGE INC COM 641144100 681 315900 SH DEFINED 0 0 315900
NEW GERMANY FD INC FUND 644465106 328 26930 SH DEFINED 0 0 26930
NEWMONT MINING CORP COM 651639106 693 34850 SH DEFINED 0 0 34850
NIKE INC CL B COM 654106103 11921 188100 SH DEFINED 0 0 188100
NOKIA CORP SPONSORED ADR COM 654902204 14239 155506 SH DEFINED 0 0 155506
NORSK HYDRO AS COM 656531605 1417 37050 SH DEFINED 0 0 37050
NORTEL NETWORKS CORP COM 656569100 24961 287532 SH DEFINED 0 0 287532
NOVELL INC COM 670006105 322 12145 SH DEFINED 0 0 12145
ORACLE SYSTEMS CORPORATION COM 68389X105 21561 580777 SH DEFINED 0 0 580777
PEOPLESOFT INC COM 712713106 363 21050 SH DEFINED 0 0 21050
PEPSICO INCORPORATED COM 713448108 434 11217 SH DEFINED 0 0 11217
PFIZER INC COM 717081103 1366 12529 SH DEFINED 0 0 12529
PIXAR INC COM 725811103 260 6028 SH DEFINED 0 0 6028
PROCTER AND GAMBLE COMPANY COM 742718109 1387 15540 SH DEFINED 0 0 15540
PSINET INC COM 74437C101 30818 704400 SH DEFINED 0 0 704400
QUALCOMM INC COM 747525103 373 2600 SH DEFINED 0 0 2600
RITE AID CORP COM 767754104 12729 516918 SH DEFINED 0 0 516918
SBC COMMUNICATIONS INC COM 78387G103 406 7004 SH DEFINED 0 0 7004
SAFEWAY INC COM 786514208 17182 347120 SH DEFINED 0 0 347120
SARA LEE CORP COM 803111103 274 12068 SH DEFINED 0 0 12068
SCHERING PLOUGH CORP COM 806605101 1908 36350 SH DEFINED 0 0 36350
SCHLUMBERGER LIMITED COM 806857108 326 5125 SH DEFINED 0 0 5125
SINGAPORE FUND INC FUND 82929L109 2690 264000 SH DEFINED 0 0 264000
SPIEKER PROPERTIES COM 848497103 8245 212097 SH DEFINED 0 0 212097
SUN MICROSYSTEMS INC COM 866810104 284 4124 SH DEFINED 0 0 4124
SWIFT ENERGY CO COM 870738101 6730 629670 SH DEFINED 0 0 629670
SYMANTEC CORP COM 871503108 27522 1079300 SH DEFINED 0 0 1079300
TELECOMUNICAOES BRASILEIRAS SA COM 879287308 5864 65150 SH DEFINED 0 0 65150
TELEFONICA S A SPONSORED ADR 879382208 8615 58553 SH DEFINED 0 0 58553
TELEFONOS DE MEXICO S A SPONSORED ADR RE879403780 525 6500 SH DEFINED 0 0 6500
TELIGENT COM 87959Y103 9271 155000 SH DEFINED 0 0 155000
TEXAS INSTRUMENTS INCORPORATED COM 882508104 294 2040 SH DEFINED 0 0 2040
3COM CORP COM 885535104 16906 633465 SH DEFINED 0 0 633465
TRUE NORTH COMMUNICATIONS INC COM 897844106 343 11537 SH DEFINED 0 0 11537
ULTRATECH STEPPER INC COM 904034105 2573 170843 SH DEFINED 0 0 170843
UNIPHASE CORPORATION COM 909149106 11819 71200 SH DEFINED 0 0 71200
UNITED ASSET MANAGEMENT CORP COM 909420101 8045 353640 SH DEFINED 0 0 353640
VODAFONE GROUP ADR COM 92857T107 469 2380 SH DEFINED 0 0 2380
WARNER LAMBERT CO COM 934488107 462 6690 SH DEFINED 0 0 6690
WELLS FARGO & CO (NEW) COM 949746101 343 8025 SH DEFINED 0 0 8025
WERNER ENTERPRISES INC COM 950755108 8730 420737 SH DEFINED 0 0 420737
XEROX CORP COM 984121103 211 3580 SH DEFINED 0 0 3580
YPF SOCIEDAD ANONIMA SPON ADR COM 984245100 566 14900 SH DEFINED 0 0 14900
YAHOO INC COM 984332106 527 3060 SH DEFINED 0 0 3060
</TABLE>
