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 is Amendment [ ]; Amendment Number:
This Amendment (check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Investment Counselors Inc.
Address: 1010 Market Street
Suite 1540
St. Louis, MO 63101
13F File Number:
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 Reoprt on behalf of Reporting Manager:
Name: Gordon A. Johnson
Title: President & Chief Financial Officer
Phone: 314-421-3080
Signature, Place and Date of Signing:
Gordon A. Johnson St. Louis, Missouri March 3, 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: 0
Form 13F Information Table Entry Total: 102
Form 13F Information Table Value Total: $499,079
List of Other Included Managers:
No. 13F File Number Name
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FORM 13F INFROMATION TABLE VOTING AUTHORITY
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER
NAME OF ISSUER TITLE OF CLAS CUSIP (x$1000PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
AAR Corporation COM 000361105 708 42400SH SOLE 42400
Acxiom Corporation COM 005125109 1426 42900SH SOLE 42900
Advent Software IncCOM 007974108 1789 39000SH SOLE 39000
Alcoa Inc COM 013817101 6776 96450SH SOLE 96450
Amer Power ConversiCOM 029066107 10309 240450SH SOLE 240450
America Online Inc COM 02364J104 9252 137200SH SOLE 137200
American Capital StCOM 024937104 1251 49300SH SOLE 49300
American Express CoCOM 025816109 9562 64200SH SOLE 64200
American General CoCOM 026351106 5309 94600SH SOLE 94600
American Intl GroupCOM 026874107 11022 100653SH SOLE 100653
Amgen Inc COM 031162100 10520 171400SH SOLE 171400
Applied Materials ICOM 038222105 943 10000SH SOLE 10000
AptarGroup Inc COM 038336103 1081 40500SH SOLE 40500
AT&T Corp COM 001957109 10239 181826SH SOLE 181826
Atwood Oceanics COM 050095108 4065 61300SH SOLE 61300
AVT Corporation COM 002420107 1961 166000SH SOLE 166000
Biogen Inc COM 090597105 4241 60700SH SOLE 60700
BJ's Wholesale ClubCOM 05548J106 3270 85200SH SOLE 85200
BP Amoco Plc, ADR COM 055622104 6261 117568SH SOLE 117568
Bristol-Myers SquibCOM 110122108 9463 163150SH SOLE 163150
Broadcom CorporatioCOM 111320107 1093 4500SH SOLE 4500
Cambrex CorporationCOM 132011107 2079 47800SH SOLE 47800
Cardinal Health IncCOM 14149Y108 4075 88825SH SOLE 88825
Chase Manhattan COM 16161A108 6186 70950SH SOLE 70950
Cisco Systems COM 17275R102 17805 230300SH SOLE 230300
Citigroup Inc COM 172967101 8579 143275SH SOLE 143275
City National Corp COM 178566105 1482 44000SH SOLE 44000
Clear Channel Comm COM 184502102 7362 106600SH SOLE 106600
CommScope Inc COM 203372107 2092 45800SH SOLE 45800
Copart Inc COM 217204106 3406 194600SH SOLE 194600
Costco Wholesale CoCOM 22160K105 744 14158SH SOLE 14158
CSG Systems Intl. COM 126349109 1328 27200SH SOLE 27200
Dallas SemiconductoCOM 235204104 4052 111000SH SOLE 111000
Datascope Corp COM 238113104 2497 78650SH SOLE 78650
Dell Computer Corp COM 247025109 6359 117900SH SOLE 117900
Donaldson Co. COM 257651109 1277 56600SH SOLE 56600
Dycom Industries COM 267475101 5880 120625SH SOLE 120625
Eaton Vance Corp COM 278265103 3577 83300SH SOLE 83300
Ecolab COM 278865100 3144 85700SH SOLE 85700
EMC Corporation COM 268648102 12531 99450SH SOLE 99450
Emerson Electric CoCOM 291011104 4532 85300SH SOLE 85300
Exxon Mobil Corp COM 30231G102 421 5402SH SOLE 5402
Florida Rock Indu COM 341140101 2985 106600SH SOLE 106600
General Electric CoCOM 369604103 3814 24510SH SOLE 24510
Henry (Jack) & AssoCOM 426281101 2220 60200SH SOLE 60200
Hewlett-Packard Co COM 428236103 11726 88250SH SOLE 88250
IBM Corp COM 459200101 1215 10300SH SOLE 10300
Illinois Tool WorksCOM 452308109 7394 133820SH SOLE 133820
Insituform TechnoloCOM 457667103 4333 141500SH SOLE 141500
Intel Corp COM 458140100 18287 138600SH SOLE 138600
Interpublic Group COM 460690100 10818 228950SH SOLE 228950
Inter-Tel Inc. COM 458372109 1799 65700SH SOLE 65700
JDS Uniphase CorporCOM 46612J101 1724 14300SH SOLE 14300
Johnson & Johnson COM 478160104 855 12169SH SOLE 12169
Johnson Controls InCOM 478366107 3190 59000SH SOLE 59000
Jones Pharma Inc COM 480236108 5253 172950SH SOLE 172950
Kronos IncorporatedCOM 501052104 1700 57400SH SOLE 57400
Legg Mason Inc COM 524901105 4260 98500SH SOLE 98500
Lowe's Companies COM 548661107 7405 126850SH SOLE 126850
Lucent TechnologiesCOM 549463107 974 15900SH SOLE 15900
MCI WorldCom Inc COM 55268B106 7415 163650SH SOLE 163650
MedQuist Inc COM 584949101 1422 52300SH SOLE 52300
Medtronic Inc COM 585055106 12795 248750SH SOLE 248750
Men's Wearhouse IncCOM 587118100 1671 56400SH SOLE 56400
Merck & Co Inc COM 589331107 1491 24000SH SOLE 24000
MICROS Systems COM 594901100 1662 26400SH SOLE 26400
Microsoft Corp COM 594918104 14537 136820SH SOLE 136820
Morgan Stanley DeanCOM 617446448 10057 121350SH SOLE 121350
Motorola Inc COM 620076109 1927 13200SH SOLE 13200
Mueller Industries COM 624756102 1036 34100SH SOLE 34100
Natl. Computer SystCOM 635519101 1883 37100SH SOLE 37100
New York Times Cl ACOM 650111107 6299 146700SH SOLE 146700
Oracle Corporation COM 68389X105 13614 174400SH SOLE 174400
Pfizer Inc COM 717081103 9512 260150SH SOLE 260150
Pinnacle Systems InCOM 723481107 2234 67200SH SOLE 67200
Progress Software CCOM 743312100 3619 154400SH SOLE 154400
Provident Fincl GrpCOM 743866105 998 29300SH SOLE 29300
Qualcomm Inc COM 747525103 1986 13300SH SOLE 13300
ResMed Inc COM 761152107 5846 81900SH SOLE 81900
RF Micro Devices InCOM 749941100 2553 19000SH SOLE 19000
Roper Industries COM 776696106 1011 29800SH SOLE 29800
Safeway Inc COM 786514208 5523 122050SH SOLE 122050
Schering-Plough COM 806605101 6139 165350SH SOLE 165350
Semtech Corp COM 816850101 1691 26400SH SOLE 26400
Southdown Inc COM 841297104 1422 24000SH SOLE 24000
Spartech Corp COM 847220209 4493 130700SH SOLE 130700
Stone Energy Corp COM 861642106 1069 21700SH SOLE 21700
Sun Microsystems InCOM 866810104 13147 140300SH SOLE 140300
SunGard Data SystemCOM 867363103 5914 156650SH SOLE 156650
Symantec Corp COM 871503108 2299 30600SH SOLE 30600
Symbol TechnologiesCOM 871508107 4019 48825SH SOLE 48825
Syncor InternationaCOM 87157J106 3353 101600SH SOLE 101600
Target Corporation COM 87612E106 2392 32000SH SOLE 32000
Techne Corporation COM 878377100 1380 20000SH SOLE 20000
Tellabs Inc COM 879664100 10314 163750SH SOLE 163750
Timberland Co Cl A COM 887100105 1530 30000SH SOLE 30000
Tosco Corp COM 891490302 6263 204500SH SOLE 204500
Tyco International COM 902124106 11243 224300SH SOLE 224300
Wal-Mart Stores COM 931142103 11064 195830SH SOLE 195830
Webster Financial CCOM 947890109 890 38700SH SOLE 38700
Xircom Inc COM 983922105 437 11800SH SOLE 11800
Yahoo! Inc COM 984332106 1028 6000SH SOLE 6000
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