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 31, 2000
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: 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__ May 15, 2000____
Report Type (Check only one.):
[X ] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934.
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers:
Form 13F Information Table Entry Total: 179
Form 13F Information Table Value Total: $1,786,555
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 304 3856 SH DEFINED 0 0 3856
AT&T CORP COM 001957109 2238 39748 SH DEFINED 0 0 39748
ABBOTT LABORATORIES COM 002824100 5475 155587 SH DEFINED 0 0 155587
ACTUATE CORP COM 00508B102 291 5410 SH DEFINED 0 0 5410
ADAPTIVE BROADBAND CORP COM 00650M104 258 4827 SH DEFINED 0 0 4827
ADOBE SYSTEMS INC COM 00724F101 5347 48032 SH DEFINED 0 0 48032
AFFYMETRIX INC COM 00826T108 2394 16125 SH DEFINED 0 0 16125
ALCATEL SA COM 013904305 24339 543886 SH DEFINED 0 0 543886
ALTERA CORP. COM 021441100 716 8017 SH DEFINED 0 0 8017
AMERICA ONLINE INC COM 02364J104 4735 70217 SH DEFINED 0 0 70217
AMERICAN HOME PRODUCTS CORP COM 026609107 315 5862 SH DEFINED 0 0 5862
AMERICAN INTL GROUP INC COM 026874107 730 6663 SH DEFINED 0 0 6663
AMGEN INC COM 031162100 37174 605685 SH DEFINED 0 0 605685
APPLIED MATERIALS INC COM 038222105 9094 96492 SH DEFINED 0 0 96492
ARIBA INC COM 04033V104 222 1059 SH DEFINED 0 0 1059
ARTHROCARE CORP COM 043136100 671 7289 SH DEFINED 0 0 7289
ASK JEEVES INC COM 045174109 458 7500 SH DEFINED 0 0 7500
AVIRON COM 053762100 1284 46174 SH DEFINED 0 0 46174
BP AMOCO PLC ADRS COM 055622104 19270 361880 SH DEFINED 0 0 361880
B M C SOFTWARE INC COM 055921100 239 4841 SH DEFINED 0 0 4841
BANCO SANTANDER SA COM 05964H105 21884 2035754 SH DEFINED 0 0 2035754
BANK OF AMERICA CORP COM 060505104 1695 32315 SH DEFINED 0 0 32315
BARRICK GOLD CORP COM 067901108 1282 81700 SH DEFINED 0 0 81700
BELL ATLANTIC CORP COM 077853109 253 4144 SH DEFINED 0 0 4144
BELLSOUTH CORP COM 079860102 302 6440 SH DEFINED 0 0 6440
BOEING COMPANY COM 097023105 13649 360978 SH DEFINED 0 0 360978
BOSTON SCIENTIFIC CORP COM 101137107 20290 952000 SH DEFINED 0 0 952000
BRISTOL-MYERS SQUIBB CO COM 110122108 22703 391427 SH DEFINED 0 0 391427
BROCADE COMMUNICATIONS SYSTEMS INC. 111621108 3260 18180 SH DEFINED 0 0 18180
CMG INFORMATION SERVICES INC COM 125750109 21078 186015 SH DEFINED 0 0 186015
CNET NETWORKS INC COM 12613R104 203 4000 SH DEFINED 0 0 4000
CABLE & WIRELESS HKT SPON ADR COM 126828102 562 21826 SH DEFINED 0 0 21826
CALIPER TECHNOLOGIS CORP COM 130876105 663 8200 SH DEFINED 0 0 8200
CATERPILLAR INC COM 149123101 19437 492865 SH DEFINED 0 0 492865
CHASE MANHATTAN CORP COM 16161A108 13620 156213 SH DEFINED 0 0 156213
CHEVRON CORP COM 166751107 1075 11629 SH DEFINED 0 0 11629
CHIRON CORP COM 170040109 4843 97100 SH DEFINED 0 0 97100
CISCO SYSTEMS INC COM 17275R102 97657 1263152 SH DEFINED 0 0 1263152
CITIGROUP INC COM 172967101 252 4203 SH DEFINED 0 0 4203
COCA-COLA COMPANY COM 191216100 31174 664161 SH DEFINED 0 0 664161
COLGATE PALMOLIVE CO COM 194162103 202 3575 SH DEFINED 0 0 3575
COMMERCE ONE INC COM 200693109 425 2847 SH DEFINED 0 0 2847
COMPAQ COMPUTER CORP COM 204493100 1297 48019 SH DEFINED 0 0 48019
CONDUCTUS INC COM 206784100 16865 519932 SH DEFINED 0 0 519932
COPPER MOUNTAIN NETWORKS COM 217510106 282 3446 SH DEFINED 0 0 3446
CORNING INC COM 219350105 6016 31009 SH DEFINED 0 0 31009
COSTCO WHSL CORP (NEW) COM 22160K105 224 4268 SH DEFINED 0 0 4268
COVAD COMMUNICATION GROUP COM 222814204 5445 75097 SH DEFINED 0 0 75097
DELL COMPUTER CORP COM 247025109 26535 491950 SH DEFINED 0 0 491950
DISNEY WALT CO COM 254687106 22746 551427 SH DEFINED 0 0 551427
EMC CORPORATION MASS COM 268648102 693 5502 SH DEFINED 0 0 5502
EBAY INC COM 278642103 595 3382 SH DEFINED 0 0 3382
EMERSON ELECTRIC COMPANY COM 291011104 541 10182 SH DEFINED 0 0 10182
EMPRESAS ICA SOCIEDAD SA DE CV COM 292448107 1289 528800 SH DEFINED 0 0 528800
ENGAGE INC COM 292827102 897 11750 SH DEFINED 0 0 11750
EPICOR SOFTWARE CORP COM 29426L108 1642 193200 SH DEFINED 0 0 193200
EQUIFAX INC COM 294429105 316 12500 SH DEFINED 0 0 12500
EQUITY RESIDENTIAL PPTY TR SBI COM 29476L107 3261 81139 SH DEFINED 0 0 81139
ERICSSON L M TEL CO COM 294821400 85938 916059 SH DEFINED 0 0 916059
ESSEX PROPERTIES TRUST COM 297178105 20653 573700 SH DEFINED 0 0 573700
EXODUS COMMUNICATIONS INC COM 302088109 222 1582 SH DEFINED 0 0 1582
EXTREME NETWORKS COM 30226D106 303 3830 SH DEFINED 0 0 3830
EXXON MOBIL CORP (NEW) COM 30231G102 2538 32568 SH DEFINED 0 0 32568
FEDERAL NATL MTG ASSN COM 313586109 512 9045 SH DEFINED 0 0 9045
FIRST UNION CORP COM 337358105 446 11985 SH DEFINED 0 0 11985
FISERV INC COM 337738108 218 5850 SH DEFINED 0 0 5850
FORD MOTOR COMPANY COM 345370100 308 6700 SH DEFINED 0 0 6700
FOUNDRY NETWORKS COM 35063R100 223 1552 SH DEFINED 0 0 1552
GTE CORP COM 362320103 202 2842 SH DEFINED 0 0 2842
GENERAL ELECTRIC COMPANY COM 369604103 10383 66715 SH DEFINED 0 0 66715
GENERAL MAGIC INC COM 370253106 2468 276100 SH DEFINED 0 0 276100
GENZYME CORP COM 372917104 22847 455800 SH DEFINED 0 0 455800
GERMANY FUND INC COM 374143105 1671 103200 SH DEFINED 0 0 103200
GILLETTE COMPANY COM 375766102 35466 941056 SH DEFINED 0 0 941056
HALLIBURTON COMPANY COM 406216101 31843 774309 SH DEFINED 0 0 774309
HEINZ H J CO COM 423074103 209 6000 SH DEFINED 0 0 6000
HEWLETT-PACKARD COMPANY COM 428236103 2783 20947 SH DEFINED 0 0 20947
HOME DEPOT INC COM 437076102 809 12548 SH DEFINED 0 0 12548
IDACORP INC COM 451107106 8104 233198 SH DEFINED 0 0 233198
IMPERIAL OIL LTD NEW COM 453038408 14707 702445 SH DEFINED 0 0 702445
INFORMIX CORP COM 456779107 21402 1263585 SH DEFINED 0 0 1263585
INHALE THERAPEUTIC SYSTEMS COM 457191104 219 2936 SH DEFINED 0 0 2936
INKTOMI CORPORATION COM 457277101 2943 15094 SH DEFINED 0 0 15094
INTEL CORPORATION COM 458140100 284035 2152797 SH DEFINED 0 0 2152797
INTERNATIONAL BUSINESS MACHINE COM 459200101 1737 14716 SH DEFINED 0 0 14716
INTERNET CAP GROUP COM 46059C106 2066 22880 SH DEFINED 0 0 22880
INTRAWARE INC COM 46118M103 1447 35037 SH DEFINED 0 0 35037
INTUIT INC COM 461202103 478 8798 SH DEFINED 0 0 8798
JDS UNIPHASE COM 46612J101 10331 85690 SH DEFINED 0 0 85690
JARDINE FLEMING CHINA REGION FUND INC 471110106 380 43083 SH DEFINED 0 0 43083
JOHNSON & JOHNSON COM 478160104 24504 348810 SH DEFINED 0 0 348810
JUNIPER NETWORKS INC COM 48203R104 2337 8868 SH DEFINED 0 0 8868
KLA-TENCOR CORP COM 482480100 8088 95996 SH DEFINED 0 0 95996
KLM ROYAL DUTCH AIRLINES N Y REG NEW 482516309 764 36375 SH DEFINED 0 0 36375
KOREA FD INC FUND 500634100 13864 928149 SH DEFINED 0 0 928149
LATTICE SEMICONDUCTOR CORP COM 518415104 378 5584 SH DEFINED 0 0 5584
LAUDER ESTEE COM 518439104 11194 223600 SH DEFINED 0 0 223600
LILLY ELI & COMPANY COM 532457108 541 8640 SH DEFINED 0 0 8640
LUCENT TECHNOLOGIES COM 549463107 26839 432880 SH DEFINED 0 0 432880
LUXOTTICA GROUP S P A ADR COM 55068R202 15461 631050 SH DEFINED 0 0 631050
MCI WORLDCOM INC COM 55268B106 1012 22339 SH DEFINED 0 0 22339
MMC NETWORKS COM 55308N102 930 28178 SH DEFINED 0 0 28178
MANITOWOC INC COM 563571108 11166 406031 SH DEFINED 0 0 406031
MARSH & MCLENNAN COS INC COM 571748102 870 7888 SH DEFINED 0 0 7888
MATTEL INC COM 577081102 4683 445989 SH DEFINED 0 0 445989
MCDONALDS CORP COM 580135101 25782 689822 SH DEFINED 0 0 689822
MEDAREX INC COM 583916101 1048 20857 SH DEFINED 0 0 20857
MERCK & COMPANY INCORPORATED COM 589331107 10500 169010 SH DEFINED 0 0 169010
METRICOM INC COM 591596101 352 7597 SH DEFINED 0 0 7597
MICROSOFT CORP COM 594918104 30563 287652 SH DEFINED 0 0 287652
MICROMUSE COM 595094103 820 5908 SH DEFINED 0 0 5908
MINNESOTA MINING & MFG CO COM 604059105 399 4510 SH DEFINED 0 0 4510
MOTOROLA INC COM 620076109 26825 183730 SH DEFINED 0 0 183730
MUELLER INDS INC COM 624756102 6916 227700 SH DEFINED 0 0 227700
NEOFORMA.COM INC COM 640475109 3442 210200 SH DEFINED 0 0 210200
NETMANAGE INC COM 641144100 1053 186100 SH DEFINED 0 0 186100
NETRO CORP COM 64114R109 40588 581900 SH DEFINED 0 0 581900
NETWORK APPLIANCE INC COM 64120L104 4269 51584 SH DEFINED 0 0 51584
NEW GERMANY FD INC FUND 644465106 368 24934 SH DEFINED 0 0 24934
NEWMONT MINING CORP COM 651639106 743 33100 SH DEFINED 0 0 33100
NIKE INC CL B COM 654106103 28578 721220 SH DEFINED 0 0 721220
NIPPON TELEG & TEL SPON ADR COM 654624105 10070 127775 SH DEFINED 0 0 127775
NOKIA CORP SPONSORED ADR COM 654902204 22370 100766 SH DEFINED 0 0 100766
NORSK HYDRO AS COM 656531605 2916 76600 SH DEFINED 0 0 76600
NORTEL NETWORKS CORP COM 656569100 27487 217932 SH DEFINED 0 0 217932
NORTHPOINT COMMUNICATIONS HOLDINGS INC 666610100 1727 74874 SH DEFINED 0 0 74874
NOVELL INC COM 670006105 200 7000 SH DEFINED 0 0 7000
ORACLE SYSTEMS CORPORATION COM 68389X105 34456 441385 SH DEFINED 0 0 441385
PMC SIERRA INC COM 69344F106 548 2692 SH DEFINED 0 0 2692
PEOPLESOFT INC COM 712713106 560 27987 SH DEFINED 0 0 27987
PEPSICO INCORPORATED COM 713448108 331 9478 SH DEFINED 0 0 9478
PFIZER INC COM 717081103 1698 46437 SH DEFINED 0 0 46437
PHARMING GROUP ORD-EUR COM 71713RGGT 665 29627 SH DEFINED 0 0 29627
PITNEY-BOWES, INC COM 724479100 263 5894 SH DEFINED 0 0 5894
PORTAL SOFTWARE INC COM 736126103 612 10744 SH DEFINED 0 0 10744
PROCTER AND GAMBLE COMPANY COM 742718109 26739 471168 SH DEFINED 0 0 471168
PSINET INC COM 74437C101 40104 1179000 SH DEFINED 0 0 1179000
QUALCOMM INC COM 747525103 3198 21420 SH DEFINED 0 0 21420
QWEST COMM INTL INC COM 749121109 18401 383364 SH DEFINED 0 0 383364
REDBACK NETWORKS COM 757209101 1724 5749 SH DEFINED 0 0 5749
RITE AID CORP COM 767754104 3922 697268 SH DEFINED 0 0 697268
SBC COMMUNICATIONS INC COM 78387G103 538 12772 SH DEFINED 0 0 12772
SAFEWAY INC COM 786514208 17615 389273 SH DEFINED 0 0 389273
SAGENT TECHNOLOGY INC COM 786693101 231 8026 SH DEFINED 0 0 8026
SARA LEE CORP COM 803111103 212 11784 SH DEFINED 0 0 11784
HENRY SCHEIN INC COM 806407102 297 18375 SH DEFINED 0 0 18375
SCHERING PLOUGH CORP COM 806605101 1818 48962 SH DEFINED 0 0 48962
SCHLUMBERGER LIMITED COM 806857108 202 2646 SH DEFINED 0 0 2646
SIEBEL SYSTEMS COM 826170102 911 7628 SH DEFINED 0 0 7628
SINGAPORE FUND INC FUND 82929L109 1190 164150 SH DEFINED 0 0 164150
SONY CORP ADR COM 835699307 2608 9310 SH DEFINED 0 0 9310
SPIEKER PROPERTIES COM 848497103 21031 472597 SH DEFINED 0 0 472597
STARBUCKS CORPORATION COM 855244109 22337 498465 SH DEFINED 0 0 498465
SUN MICROSYSTEMS INC COM 866810104 725 7742 SH DEFINED 0 0 7742
SWIFT ENERGY CO COM 870738101 12969 725515 SH DEFINED 0 0 725515
SYMANTEC CORP COM 871503108 51806 689600 SH DEFINED 0 0 689600
TARGET CORP COM 87612E106 1131 15124 SH DEFINED 0 0 15124
TELECOMUNICAOES BRASILEIRAS SA COM 879287308 15373 102830 SH DEFINED 0 0 102830
TELEFONICA S A SPONSORED ADR 879382208 26822 360626 SH DEFINED 0 0 360626
TELIGENT COM 87959Y103 13099 196050 SH DEFINED 0 0 196050
TERADYNE INC COM 880770102 335 4080 SH DEFINED 0 0 4080
TEXAS INSTRUMENTS INCORPORATED COM 882508104 609 3807 SH DEFINED 0 0 3807
3COM CORP COM 885535104 23607 424402 SH DEFINED 0 0 424402
TICKETMASTER ONLINE-CITY SEARCH 88633P203 225 8959 SH DEFINED 0 0 8959
TRUE NORTH COMMUNICATIONS INC COM 897844106 257 6537 SH DEFINED 0 0 6537
TYCO INTL LTD (NEW) COM 902124106 328 6539 SH DEFINED 0 0 6539
UNITED ASSET MANAGEMENT CORP COM 909420101 5659 326852 SH DEFINED 0 0 326852
UNITED PARCEL SERVICE COM 911312106 202 3200 SH DEFINED 0 0 3200
VENTRO CORP COM 922815105 396 6997 SH DEFINED 0 0 6997
VERISIGN INC COM COM 92343E102 370 2473 SH DEFINED 0 0 2473
VODAFONE GROUP ADR COM 92857T107 400 7197 SH DEFINED 0 0 7197
VOICESTREAM WIRELESS CORP COM 928615103 258 2000 SH DEFINED 0 0 2000
WAL MART STORES INC COM 931142103 312 5520 SH DEFINED 0 0 5520
WARNER LAMBERT CO COM 934488107 711 7278 SH DEFINED 0 0 7278
WELLS FARGO & CO (NEW) COM 949746101 230 5640 SH DEFINED 0 0 5640
WERNER ENTERPRISES INC COM 950755108 3311 194775 SH DEFINED 0 0 194775
XILINX INC COM 983919101 439 5300 SH DEFINED 0 0 5300
YAHOO INC COM 984332106 6218 36282 SH DEFINED 0 0 36282
GLOBAL CROSSING LTD COM G3921A100 307 7500 SH DEFINED 0 0 7500
</TABLE>
