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, 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: Quantitative Advisors, Inc.
Address: 55 Old Bedford Road
Lincoln, MA 01773
13F File Number: 28-4108
The institutional investment manager filing this report and the person
By whom it is signed hereby represent that the person signing this 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: Mark A. Katzoff
Title: Assistant Clerk/Counsel
Phone: 781-259-1144
Signature, Place and Date of Signing:
Mark A. Katzoff Lincoln, MA May 14, 1999
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT
List of Other Managers Reporting for This Manager:
Columbia Partners, LLC, Investment Management
13F File Number: 801-50156
State Street Boston Corp.
13F File Number: 28-399
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT
OF 1934.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 12880
Form 13F Information Table Value Total: $115
<TABLE> <C> <C>
FORM 13F INFORMATION TABLE
TITLE OF VALUE SHARES/ SH/ PUT/ INVSTMT
OTHER
VOTING AUTHORITY
NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN
MANAGERS
SOLE SHARED NONE
______________ _____ _______ ________ _______ ___ ____ _______
________
____ ______ _____
Madseco SA ADR 556304103 116 12,880 SH OTHER
12,880
</TABLE>
