[TEXT] UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON DC 20549
FORM 13-F
FORM 13F COVER PAGE
REPORT OF THE CALENDAR YEAR OR QUARTER ENDED:
3/31/2000
INSTITUTIONAL INVESTMENT MANAGER FILING THIS REPORT:
NAME: ARVEST ASSET MANAGEMENT
ADDRESS: P O BOX 1156
BARTLESVILLE OK 74005-1156
13F_FILE NUMBER 893879
THE INSTITUTION 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 INTERGRAL PARTS OF THIS"
FORM.
PERSON SIGNING THIS REPORT ON BEHALF OF REPORTING MANAGER:
NAME: SHERYL SWAYNE
TITLE: ASSISTANT VICE PRESIDENT
PHONE: 918-337-3497
"SIGNATURE, PLACE AND DATE OF SIGNING"
" SHERYL SWAYNE BARTLESVILLE, OK 4/14/2000"
REPORT TYPE 13-F
I AM SIGNING THIS REPORT AS REQUIRED BY THE
SECURITIES AND EXCHANGE ACT OF 1934
<PAGE>
FORM 13F SUMMARY PAGE
NUMBER OF OTHER INCLUDED MANAGERS: 0
FORM 13F INFO TABLE ENTRY TOTAL: 191
FORM 13F INFO TABLE VALUE TOTAL: 380978
<PAGE>
<TABLE> <C> <C>
VALUE SHARE SH INVST ----VOTING AUTH---
NAME OF ISSUER -TITLE- CUSIP X$1000 PRN PR DSCRN SOLE SHA+K185 NONE
AT&T COM 001957109 7304 129699 SH SOLE 129699
AT&T COM 001957109 413 7335 SH SHARE 7335
ABBOTT LABS COM 002824100 752 21360 SH SOLE 21360
ABBOTT LABS COM 002824100 178 5050 SH SHARE 5050
AEGON NV ORD AMER R COM 007924103 244 3033 SH SOLE 3033
AIRLEASE LTD DEPOS COM 009366105 139 12000 SH SHARE 12000
ALLEGHNEY ENER COM 017361106 3185 115025 SH SOLE 114525 500
ALLEGHENY ENER COM 017361106 89 3200 SH SHARE 3200
ALLSTATE CORP COM 020002101 2782 116818 SH SOLE 116418 400
ALLSTATE CORP COM 020002101 74 3125 SH SHARE 2900 225
AMEREN CORP COM 023608102 276 8911 SH SOLE 8911
AMER HOME PROD COM 026609107 452 8400 SH SOLE 7600 800
AMER HOME PROD COM 026609107 280 5200 SH SHARE 1200 4000
AMGEN INC COM 031162100 7437 121180 SH SOLE 121180
AMGEN INC COM 031162100 172 2800 SH SHARE 2800
ATLANTIC RICHFIELD COM 048825103 4676 55016 SH SOLE 55016
ATLANTIC RICHFIELD COM 048825103 102 1200 SH SHARE 1200
BP AMOCO PLC ADR 055622104 2119 39800 SH SOLE 39800
BP AMOCO PLC ADR 055622104 22 422 SH SHARE 422
BAKER HUGHES INC COM 057224107 246 8117 SH SOLE 8117
BANK OF AMER CORP COM 060505104 118 2259 SH SOLE 2259
BANK OF AMER CORP COM 060505104 86 1644 SH SHARE 1644
BAXTER INTERNATL COM 071813109 3746 59753 SH SOLE 59753
BAXTER INTERNATL COM 071813109 88 1400 SH SHARE 1400
BELL ATLANTIC CORP COM 077853109 1666 27250 SH SOLE 27250
BELL ATLANTIC CORP COM 077853109 173 2826 SH SHARE 2826
BELLSOUTH CORP COM 079860102 2649 56511 SH SOLE 56511
BELLSOUTH CORP COM 079860102 409 8730 SH SHARE 8730
BERKSHIRE HATHAWAY COM 084670108 286 5 SH SOLE 5
BESTFOODS COM 08658U101 195 4160 SH SOLE 4160
BESTFOODS COM 08658U101 13 280 SH SHARE 280
BOEING COMPANY COM 097023105 76 2018 SH SOLE 2018
BOEING COMPANY COM 097023105 174 4600 SH SHARE 1000 3600
BRISTOL MYERS SQUIBB COM 110122108 768 13240 SH SOLE 13240
BURLINGTON NTH SF COM 12189T104 188 8265 SH SOLE 8265
BURLINGTON NTH SF COM 12189T104 14 600 SH SHARE 600
CIGNA COM 125509109 3589 47380 SH SOLE 46780 600
CIGNA COM 125509109 83 1100 SH SHARE 1100
C&S WEST COM 152357109 186 10887 SH SOLE 10887
CHASE MANHATTAN COM 16161A108 4886 56044 SH SOLE 56044
CHASE MANHATTAN COM 16161A108 310 3560 SH SHARE 3560
CHEVRON COM 166751107 2822 30524 SH SOLE 30524
CHEVRON COM 166751107 111 1200 SH SHARE 1200
CISCO SYSTEMS INC COM 17275R102 220 2852 SH SOLE 2852
CISCO SYSTEMS INC COM 17275R102 164 2120 SH SHARE 1920 200
CITIGROUP INC COM 172967101 1243 20763 SH SOLE 20763
CITIGROUP INC COM 172967101 150 2512 SH SHARE 2512
COASTAL CORP COM 190441105 5053 105274 SH SOLE 105274
COASTAL CORP COM 190441105 77 1600 SH SHARE 1600
COCA COLA COM 191216100 821 17487 SH SOLE 17487
COCA COLA COM 191216100 47 1000 SH SHARE 1000
CONGRA COM 205887102 2671 147390 SH SOLE 147390
CONGRA COM 205887102 38 2100 SH SHARE 2100
CONOCO INC CL B COM 208251405 2218 86543 SH SOLE 86543
CONOCO INC CL B COM 208251405 44 1717 SH SHARE 1717
DISNEY (WALT DISNEY) COM 254687106 421 10200 SH SOLE 10200
DOLLAR GEN COM 256669102 422 15719 SH SOLE 15719
DOW CHEMICAL COM 260543103 185 1624 SH SOLE 1624
DOW CHEMICAL COM 260543103 17 150 SH SHARE 150
DUPONT COM 263534109 2848 53791 SH SOLE 53791
DUPONT COM 263534109 54 1017 SH SHARE 1017
DURBAN ROODEPOORT COM 266597301 13 10033 SH SOLE 10033
ENRON CORP COM 293561106 333 4454 SH SOLE 4454
UIT EQUITY INV FD PFD 294710868 0 11458 SH SOLE 11458
UIT DAF IEF PFD 294711189 10 10041 SH SOLE 10041
EXXON MOBIL CORP COM 30231G102 24955 320186 SH SOLE 318922 1264
EXXON MOBIL CORP COM 30231G102 838 10751 SH SHARE 10751
FED INC FD #36 MUT FD 314199100 1029 104593 SH SOLE 100294 2398 1901
FED INC FD #36 MUT FD 314199100 253 25725 SH SHARE 18057 7668
FID INTRM FD #32 MUT FD 315912105 6853 702719 SH SOLE 702719
FID INTRM FD #32 MUT FD 315912105 138 14195 SH SHARE 14195
FID INV GRD FD #26 MUT FD 316146109 4970 717134 SH SOLE 717134
FID INV GRD FD #26 MUT FD 316146109 94 13563 SH SHARE 13563
FID S/t BD FD #450 MUT FD 316146208 1341 158312 SH SOLE 158312
FID S/t BD FD #450 MUT FD 316146208 8 996 SH SHARE 996
FID GNMA FD #15 MUT FD 31617K105 1983 190605 SH SOLE 190605
FID GNMA FD #15 MUT FD 31617K105 21 2047 SH SHARE 2047
FIRSTAR CORP NEW WIS COM 33763V109 212 9232 SH SOLE 9232
FORD MOTOR COM 345370100 3636 79142 SH SOLE 79142
FORD MOTOR COM 345370100 91 1980 SH SHARE 1980
FORTUNE BRANDS COM 349631101 218 8700 SH SOLE 8700
FORTUNE BRANDS COM 349631101 4 160 SH SHARE 160
GTE CORP COM 362320103 769 10836 SH SOLE 10536 300
GTE CORP COM 362320103 88 1244 SH SHARE 1244
GENERAL ELECTRIC COM 369604103 6684 42951 SH SOLE 42151 800
GENERAL ELECTRIC COM 369604103 319 2050 SH SHARE 2050
GENERAL MOTORS COM 370442105 434 5243 SH SOLE 5243
HAROLDS STORE INC COM 413353103 1491 497084 SH SOLE 497084
HEWLETT PACKARD COM 428236103 5398 40720 SH SOLE 40720
HEWLETT PACKARD COM 428236103 661 4990 SH SHARE 1390 3600
HOME DEPOT INC COM 437076102 326 5062 SH SOLE 5062
HOME DEPOT INC COM 437076102 68 1050 SH SHARE 1050
HONEYWELL INTL INC COM 438516106 354 6720 SH SOLE 6720
HONEYWELL INTL INC COM 438516106 169 3208 SH SHARE 3208
HUNT JB TRANS SVCS COM 445658107 267 19491 SH SOLE 19491
ILLINOIS TOOL WORKS COM 452308109 226 4087 SH SOLE 4087
INGRAM MICRO INC CLA COM 457153104 2574 167400 SH SOLE 167400
INGRAM MICRO INC CLA COM 457153104 28 1800 SH SHARE 1800
INTEL COM 458140100 8321 63070 SH SOLE 63070
INTEL COM 458140100 601 4558 SH SHARE 4558
IBM COM 459200101 5975 50632 SH SOLE 50632
IBM COM 459200101 1818 15408 SH SHARE 15408
INTERNATL PAPER COM 460146103 3245 75900 SH SOLE 75300 600
INTERNATL PAPER COM 460146103 100 2335 SH SHARE 2335
INTERPUBLIC GRP COM 460690100 411 8690 SH SOLE 8690
JOHNSON & JOHNSON COM 478160104 3462 49288 SH SOLE 49288
JOHNSON & JOHNSON COM 478160104 142 2015 SH SHARE 1900 115
KANSAS CITY P&L COM 485134100 277 9545 SH SOLE 9545
KANSAS CITY P&L COM 485134100 7 250 SH SHARE 250
LUCENT TECH COM 549463107 6183 99719 SH SOLE 99719
LUCENT TECH COM 549463107 443 7150 SH SHARE 7150
MFS ARK MUNI BD MUT FD 55273N400 259 26992 SH SOLE 26992
MANULIFE FINL CORP COM 56501R106 228 15495 SH SOLE 15495
MCDONALD'S CORP COM 580135101 3451 92344 SH SOLE 92344
MCDONALD'S CORP COM 580135101 89 2390 SH SHARE 2390
MEAD CORP COM 582834107 3593 102836 SH SOLE 102836
MEAD CORP COM 582834107 96 2750 SH SHARE 2750
MEDTRONIC INC COM 585055106 511 9940 SH SOLE 9940
MERCK & CO COM 589331107 336 5409 SH SOLE 5409
MERCK & CO COM 589331107 208 3350 SH SHARE 3350
MERRILL LYNCH COM 590188108 609 5800 SH SOLE 5800
MINN MINING & MFG COM 604059105 232 2622 SH SOLE 2422 200
J P MORGAN & CO COM 616880100 237 1800 SH SOLE 1600 200
NASDAQ 100 TR COM 631100104 8322 76000 SH SOLE 76000
NATIONAL CITY COM 635405103 255 12352 SH SOLE 12352
NORFOLK SOUTHRN COM 655844108 190 13320 SH SOLE 13320
NUVEEN SLCT TF INC 3 SBI 67063X100 219 17000 SH SOLE 17000
OKLA INSD MUNS INC 15 SBI 678873324 541 560 SH SOLE 560
ORACLE CORP COM 68389X105 14799 189584 SH SOLE 189584
ORACLE CORP COM 68389X105 423 5420 SH SHARE 5120 300
PPG INDUSTRIES COM 693506107 94 1798 SH SOLE 1798
PPG INDUSTRIES COM 693506107 126 2400 SH SHARE 2400
PEPSICO COM 713448108 4572 131104 SH SOLE 130300 804
PEPSICO COM 713448108 168 4825 SH SHARE 4560 265
PFIZER INC COM 717081103 339 9276 SH SOLE 9276
PFIZER INC COM 717081103 186 5100 SH SHARE 5100
PHILLIPS PETE COM 718507106 7389 159757 SH SOLE 159757
PHILLIPS PETE COM 718507106 1240 26819 SH SHARE 26819
PROCTOR & GAMBLE COM 742718109 4037 71450 SH SOLE 71450
PROCTOR & GAMBLE COM 742718109 34 600 SH SHARE 600
RELIASTAR FINL COM 75952U103 3206 94650 SH SOLE 94650
RELIASTAR FINL COM 75952U103 69 2035 SH SHARE 2035
SBC COMMUNICATIONS COM 78387G103 7711 183054 SH SOLE 182762 292
SBC COMMUNICATIONS COM 78387G103 387 9185 SH SHARE 9185
SPDR TR COM 78462F103 11208 74535 SH SOLE 74535
SAFEWAY INC COM 786514208 4689 103630 SH SOLE 103630
SAFEWAY INC COM 786514208 116 2570 SH SHARE 2570
SEARS ROEBUCK COM 812387108 3012 98337 SH SOLE 98337
SEARS ROEBUCK COM 812387108 41 1350 SH SHARE 1350
SERVICEMASTER COM 81760N109 246 21893 SH SOLE 21893
SOUTHERN CO COM 842587107 394 18113 SH SOLE 18113
SOUTHERN CO COM 842587107 44 2000 SH SHARE 2000
SOUTHTRUST COM 844730101 2487 97760 SH SOLE 97760
SOUTHTRUST COM 844730101 40 1580 SH SHARE 1580
SPRINT CORP COM 852061100 4981 79070 SH SOLE 78670 400
SPRINT CORP COM 852061100 124 1970 SH SHARE 1970
SPRINT CORP PCS 1 COM 852061506 2803 42800 SH SOLE 42600 200
SPRINT CORP PCS 1 COM 852061506 39 600 SH SHARE 600
STATE STR RESH TE MUT FD 857513105 88 10185 SH SOLE 10185
SUN MICROSYSTEMS COM 866810104 256 2736 SH SOLE 2736
SUN MICROSYSTEMS COM 866810104 9 100 SH SHARE 100
TRW INC COM 872649108 502 8588 SH SOLE 8588
TARGET CORP COM 87612E106 501 6700 SH SOLE 6700
TECHNITROL INC COM 878555101 350 6000 SH SHARE 6000
TEXACO INC COM 881694103 4372 81343 SH SOLE 80943 400
TEXACO INC COM 881694103 136 2523 SH SHARE 1620 903
TEXTRON COM 883203101 234 3850 SH SOLE 3850
TYCO INTL LTD COM 902124106 4610 91968 SH SOLE 91968
TYCO INTL LTD COM 902124106 105 2100 SH SHARE 2100
TYSON FOODS COM 902494103 390 35037 SH SOLE 35037
U S WEST INC COM 91273H101 297 4096 SH SOLE 4096
VAN ADM S/T TREAS 12 MUT FD 921932208 1050 106524 SH SOLE 106524
VAN ADM S/T TREAS 12 MUT FD 921932208 1560 158198 SH SHARE 136787 2553 18858
VAN ADM INTRMD TS 19 MUT FD 921932307 2601 259805 SH SOLE 259805
VAN ADM INTRMD TS 19 MUT FD 921932307 1859 185672 SH SHARE 177816 2831 5025
VAN GNMA FD #36 MUT FD 922031307 6605 667047 SH SOLE 662026 1042 3979
VAN GNMA FD #36 MUT FD 922031307 2219 224109 SH SHARE 213514 8643 1952
VANGUARD S/t FUND #39 MUT FD 922031406 969 92199 SH SOLE 89874 2325
VANGUARD S/t FUND #39 MUT FD 922031406 1092 103908 SH SHARE 93786 7303 2819
VAN INTRM-TM TE #42 MUT FD 922907209 619 48187 SH SOLE 48187
VAN INTRM-TM TE #42 MUT FD 922907209 336 26147 SH SHARE 23985 2162
VODAFONE AIRTOUCH PLC COM 92857T107 939 16905 SH SOLE 16405 500
VODAFONE AIRTOUCH PLC COM 92857T107 56 1000 SH SHARE 1000
WALMART STORES COM 931142103 62143 1099873 SH SOLE 1099873
WALMART STORES COM 931142103 454 8034 SH SHARE 5824 2210
WARNER LAMBERT CO COM 934488107 5485 56150 SH SOLE 56150
WARNER LAMBERT CO COM 934488107 141 1445 SH SHARE 1445
WRIGLEY WM JR COM 982526105 279 3633 SH SOLE 3633
XEROX COM 984121103 1987 76438 SH SOLE 75838 600
XEROX COM 984121103 104 4000 SH SHARE 4000
S REPORT SUMMARY 191 DATA RECORDS 380978
</TABLE>
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