UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
REPORT FOR THE QUARTER ENDED: JUNE 30, 2000
Report for the Calendar Year or Quarter Ended June, 2000
(Please read instructions before preparing form.)
If amended report check here: [ ]; Amendment Number:
This Amendemnt (Check only one): [ ] is a restatement
[ ] adds new holding entries.
Institutional Investment Manager filing this Report:
Name: Wafra Investment Advisory Group, Inc.
Address: 345 Park Avenue, 41st Floor, New York, NY 10154-
0101
13F File Number: 28-4268
The institutional investment manager filing this report and the
person by whom it is signed hereby represent that 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
the Form.
Person signing this Report on Behalf of Reporting Manager:
Name: Anthony G. Barbuto
Title: Chief Financial Officer
Phone: 212 759-3700
Signature, Place, and Date of Signing:
Anthony G. Barbuto New York, New York August 9, 2000
Report Type (Check only one.):
[ X ] 13 F Holdings Report
[ ] 13 F Notice
[ } 13 F Combination Report
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIIES EXCHANGE
ACT OF 1934
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other included Managers: 0
Form 13F Information Table Entry Total 180
Form 13F Information Table Value Total: $515,795
<TABLE> <C> <C>
FORM 13F
(SEC USE ONLY)
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Name of Reporting Manager
Item 6:
Item 8:
Item 1: Item 2: Item 3: Item 4: Item 5: Investment Discretion Item 7:
Voting Authority Shares
Title Fair Shares of (a) Sole(b) Shar(c) SharManagers
Name of Issuer of ClassCusip NoMarket VPrincipal As Defin Other See
Inst(a) Sole(b) Shar(c) None
in Instr. V
A T & T Corp. COM 00195710####### 127,450 8.5 X Wafra I
X
AT&T Corp.-Liber COM 00195720####### 34,000 X Wafra In
X
ATMI Inc. COM 00207R10####### 24,000 75.5625 X Wafra I
X
Ac Moore Arts & COM 00086T10####### 78,000 34.5 X Wafra I
X
Advanced Digital COM 00752510####### 40,000 26.8125 X Wafra I
X
Aflac Inc. COM 00105510####### 16,000 X Wafra In
X
America Online I COM 02364J10####### 153,200 X Wafra In
X
American Express COM 02581610####### 92,700 21 X Wafra I
X
American Interna COM 02687410####### 64,825 X Wafra In
X
American Managem COM 02735210####### 21,000 15.5 X Wafra I
X
Amgen Inc. COM 03116210####### 87,600 1 X Wafra I
X
Ancor Communicat COM 03332K10####### 22,000 3.625 X Wafra I
X
Apache Corp. COM 03741110####### 50,700 X Wafra In
X
Applied Material COM 03822210####### 88,300 X Wafra In
X
Applied Science COM 03823610####### 12,000 4.4375 X Wafra I
X
Atlas Air Inc. COM 04916410####### 11,000 X Wafra In
X
Atmel Corp COM 04951310####### 34,000 77.625 X Wafra I
X
Bank of America COM 06050510####### 139,200 7.875 X Wafra I
X
Bea Systems COM 07332510####### 18,000 X Wafra In
X
Bestfoods COM 08658U10####### 88,200 40.75 X Wafra I
X
Boston Communica COM 10058210####### 55,700 15.25 X Wafra In
X
Bradlees Inc. COM 10449920####### 62,000 37.31 X Wafra I
X
Bristol-Myers Sq COM 11012210####### 160,100 X Wafra In
X
Broadwing Inc. COM 11162010####### 23,000 23.1875 X Wafra I
X
Bsquare Corp COM 11776U10####### 13,000 14.625 X Wafra I
X
CMGI Inc. COM 12575010####### 13,600 64.25 X Wafra I
X
CVS Corp. COM 12665010####### 103,100 9.25 X Wafra I
X
Centurytel Inc. COM 15670010####### 77,000 42.25 X Wafra I
X
Chevron Corp. COM 16675110####### 54,400 9.12 X Wafra I
X
Chiron Corp. COM 17004010####### 24,500 3.5 X Wafra I
X
Cintas Corp. COM 17290810####### 21,000 9.37 X Wafra I
X
Cisco Systems In COM 17275R10####### 325,300 13 X Wafra I
X
Citigroup Inc COM 17296710####### 199,600 16.375 X Wafra I
X
Cnet Networks In COM 12613R10####### 31,100 X Wafra In
X
Coastal Corp. COM 19044110####### 89,300 16 X Wafra I
X
Coca-Cola Compan COM 19121610####### 68,300 X Wafra In
X
Colgate-Palmoliv COM 19416210####### 85,500 X Wafra I
X
Concord EFS Inc. COM 20619710####### 40,750 X Wafra In
X
Conseco Inc. COM 20846410####### 14,500 2.37 X Wafra I
X
Core Laboratorie COM N2271710####### 45,600 37.9375 X Wafra I
X
Corillian Corp. COM 21872510####### 30,000 6.25 X Wafra I
X
Corixa Corp COM 21887F10####### 10,000 X Wafra In
X
Cornell Correcti COM 21914110####### 58,500 18.25 X Wafra I
X
Cypress Semicond COM 23280610####### 20,000 38 X Wafra I
X
Dell Computer Co COM 24702510####### 132,600 13.5 X Wafra I
X
Dendrite Interna COM 24823910####### 19,000 42.19 X Wafra I
X
Dollar Tree Stor COM 25674710####### 13,300 11 X Wafra I
X
Dover Corporatio COM 26000310####### 77,500 30 X Wafra I
X
Dow Chemical COM 26054310####### 127,200 X Wafra In
X
E Trade Group In COM 26924610####### 26,000 20.4375 X Wafra I
X
EMC Corp/Mass COM 26864810####### 131,600 47.75 X Wafra I
X
Enron Corp. COM 29356110####### 64,300 15.75 X Wafra I
X
Equitable Resour COM 29454910####### 18,100 X Wafra In
X
Etoys. COM 29786210$63,438 10,000 X Wafra In
X
Exchange Applica COM 30086710####### 33,000 X Wafra In
X
Exodus Communica COM 30208810####### 14,000 4.25 X Wafra I
X
Extended Stay Am COM 30224P10####### 15,000 10.3125 X Wafra I
X
Exxon Mobil Corp COM 30231G10####### 136,899 4.875 X Wafra I
X
FPL Group Inc. COM 30257110####### 74,300 7.625 X Wafra I
X
Fannie Mae COM 31358610####### 113,000 X Wafra In
X
Federal Agric MT COM 31314830####### 57,000 11.625 X Wafra I
X
Federated Depart COM 31410H10####### 97,400 22.1875 X Wafra I
X
Fiserv Inc. COM 33773810####### 18,000 6.625 X Wafra I
X
Fleet Boston Fin COM 33903010####### 161,700 7.25 X Wafra I
X
Flow Intl Corp. COM 34346810####### 52,000 46.25 X Wafra I
X
G02net Inc. COM 38348610####### 16,000 48.19 X Wafra I
X
GTE Corp. COM 36232010####### 85,400 10.5 X Wafra I
X
Gannett Co. COM 36473010####### 54,900 X Wafra I
X
General Electric COM 36960410####### 387,600 7.125 X Wafra I
X
Hasbro Inc. COM 41805610####### 136,300 23.5 X Wafra I
X
Healthsouth Corp COM 42192410####### 115,000 29.4375 X Wafra I
X
Hispanic Broadca COM 43357B10####### 12,000 44.375 X Wafra I
X
Hollinger Intern COM 43556910####### 22,000 X Wafra I
X
Home Depot Inc. COM 43707610####### 143,600 X Wafra I
X
Hooper Holmes In COM 43910410####### 70,000 50.875 X Wafra I
X
Horizon Organic COM 44043T10####### 61,000 X Wafra I
X
Household Int'l COM 44181510####### 111,200 21.125 X Wafra I
X
Hyseq Inc. COM 44916330####### 20,400 25.0625 X Wafra I
X
IXL Enterprises COM 45071810####### 25,000 9.25 X Wafra I
X
Immunex Corp. COM 45252810####### 13,500 4.9375 X Wafra I
X
Ingersoll-Rand C COM 45686610####### 64,500 10.125 X Wafra I
X
Inktomi Corp. COM 45727710####### 13,200 5.125 X Wafra I
X
Int'l Business M COM 45920010####### 78,300 X Wafra I
X
Integrated Devic COM 45811810####### 15,000 X Wafra I
X
Intel Corp. COM 45814010####### 170,400 X Wafra I
X
Internet Capital COM 46059C10####### 13,400 20 X Wafra I
X
Internet Picture COM 45839N10####### 25,000 62.5625 X Wafra I
X
Intersil Holding COM 46069S10####### 12,000 4.5625 X Wafra I
X
Intuit Inc. COM 46120210####### 30,500 X Wafra I
X
Ivax Corp. COM 46582310####### 23,300 41 X Wafra I
X
JDS Uniphase Cor COM 46612J10####### 26,600 X Wafra I
X
Jabil Circuit In COM 46631310####### 30,000 17.9375 X Wafra I
X
Johnson & Johnso COM 47816010####### 80,900 22.75 X Wafra I
X
Keebler Foods Co COM 48725610####### 21,000 42.625 X Wafra I
X
Keystone Automot COM 49338N10####### 100,000 17.9375 X Wafra I
X
Lendingtree Inc. COM 52602Q10####### 55,000 42.625 X Wafra I
X
Lilly (Eli) & Co COM 53245710####### 50,200 22.75 X Wafra I
X
Lucent Technolog COM 54946310####### 85,100 42.625 X Wafra I
X
Lycos Inc. COM 55081810####### 17,000 20.875 X Wafra I
X
MSC Industrial D COM 55353010####### 38,000 17.9375 X Wafra I
X
Marchfirst Inc. COM 96683410####### 22,000 20.875 X Wafra I
X
Matthew Int'l Co COM 57712810####### 14,500 11.5 X Wafra I
X
McLeodusa Inc. C COM 58226610####### 20,000 X Wafra I
X
Medimmune Inc. COM 58469910####### 12,000 X Wafra I
X
Merck & Co. Inc. COM 58933110####### 80,100 X Wafra I
X
Metro One Teleco COM 59163F10####### 10,500 X Wafra I
X
Microsoft Corp. COM 59491810####### 178,400 X Wafra I
X
Millennium Pharm COM 59990210####### 12,500 X Wafra I
X
Moog Inc -CL A COM 61539420####### 19,200 X Wafra I
X
Morgan St Dean W COM 61744644####### 99,000 X Wafra I
X
Motorola Inc. COM 62007610####### 138,600 X Wafra I
X
Mutual Risk Mana COM 62835110####### 10,000 X Wafra I
X
Nabors Industrie COM 62956810####### 20,000 X Wafra I
X
Netcentives Inc. COM 64108P10####### 13,000 X Wafra I
X
Netratings Inc. COM 64116M10####### 13,000 X Wafra I
X
Nextcard Inc. COM 65332K10####### 52,000 X Wafra I
X
Nike Inc. COM 65410610####### 79,900 X Wafra I
X
Nvidia Corp. COM 67066G10####### 11,200 X Wafra I
X
OM Group Inc. COM 67087210####### 22,000 X Wafra I
X
Ocean Energy Inc COM 67481E10####### 15,500 X Wafra I
X
Oracle Corporati COM 68389X10####### 119,400 X Wafra I
X
Orbital Sciences COM 68556410####### 25,000 X Wafra I
X
Organic Inc. COM 68617E10####### 11,000 X Wafra I
X
Orthofix Int'l N COM N6748L10####### 53,300 X Wafra I
X
PRI Automation COM 69357H10####### 11,500 X Wafra I
X
Pacific Sun Wear COM 69487310####### 13,000 X Wafra I
X
Patterson Energy COM 70341410####### 20,000 X Wafra I
X
Pepsico Inc. COM 71344810####### 109,200 X Wafra I
X
Pfizer Inc. COM 71708110####### 328,375 X Wafra I
X
Phillip Morris C COM 71815410####### 151,700 X Wafra I
X
Powerwave Techno COM 73936310####### 10,500 X Wafra I
X
Pride Internatio COM 74193210####### 15,000 X Wafra I
X
Princeton Video COM 74247610####### 123,752 X Wafra I
X
Procter & Gamble COM 74271810####### 69,900 X Wafra I
X
QuickSilver Inc. COM 74838C10####### 42,500 X Wafra I
X
Ralston-Ralston COM 75127730####### 40,000 X Wafra I
X
Realnetworks Inc COM 75605L10####### 20,900 X Wafra I
X
Reinsurance Grou COM 75935110####### 10,500 X Wafra I
X
Robert Half Intl COM 77032310####### 27,000 X Wafra I
X
Rohm & Haas Co. COM 77537110####### 37,700 X Wafra I
X
S1 Corporation COM 78463B10####### 29,600 X Wafra I
X
SBC Communicatio COM 78387G10####### 187,600 X Wafra I
X
SCI Systems Inc. COM 78389010####### 11,000 X Wafra I
X
Safeguard Scient COM 78644910####### 17,000 X Wafra I
X
Safeway Inc. COM 78651420####### 128,700 X Wafra I
X
Saks Inc. COM 79377W10####### 385,327 X Wafra I
X
Schlumberger Ltd COM 80685710####### 49,400 X Wafra I
X
Sepracor Inc. COM 81731510####### 10,500 X Wafra I
X
Signal Technolog COM 82667510####### 28,500 X Wafra I
X
Silicon Storage COM 82705710####### 10,000 X Wafra I
X
Skillsoft Corpor COM 83066P10####### 35,000 X Wafra I
X
Southwest Airlin COM 84474110####### 157,050 X Wafra I
X
Spectrasite Hold COM 84760T10####### 10,000 X Wafra I
X
Sprint Corp (Fon COM 85206110####### 29,800 X Wafra I
X
Starbucks Corp. COM 85524410####### 22,000 X Wafra I
X
Stillwater Minin COM 86074Q10####### 21,600 X Wafra I
X
Stryker Corp COM 86366710####### 14,500 X Wafra I
X
Sun Microsystems COM 86681010####### 86,200 X Wafra I
X
Symbol Technolog COM 87150810####### 23,800 X Wafra I
X
Tellabs Inc. COM 87966410####### 86,800 X Wafra I
X
Texas Instrument COM 88250810####### 121,300 X Wafra I
X
Textron Inc. COM 88320310####### 69,300 X Wafra I
X
Time Warner Inc. COM 88731510####### 36,600 X Wafra I
X
Titan Corp. COM 88826610####### 10,000 X Wafra I
X
Transmedia Netwo COM 89376730####### 40,000 X Wafra I
X
Tyco Internation COM 90212410####### 105,700 X Wafra I
X
USX-Marathon Gro COM 90290582####### 119,700 X Wafra I
X
United Technolog COM 91301710####### 13,800 X Wafra I
X
Univision Commun COM 91490610####### 10,500 X Wafra I
X
VerticalNet Inc. COM 92532L10####### 10,000 X Wafra I
X
Viad Corp. COM 92552R10####### 30,000 X Wafra I
X
Vicinity Corp. COM 92565310####### 23,000 X Wafra I
X
Vitesse Semicond COM 92849710####### 32,000 X Wafra I
X
Wal-Mart Stores COM 93114210####### 218,300 X Wafra I
X
Wendy's Int'l In COM 95059010####### 140,000 X Wafra I
X
Westwood One Inc COM 96181510####### 14,500 X Wafra I
X
Weyerhaeuser Co. COM 96216610####### 77,400 X Wafra I
X
Williams Co. COM 96945710####### 20,000 X Wafra I
X
Winstar Communic COM 97551510####### 27,000 X Wafra I
X
Worldcom Inc. COM 98157D10####### 153,250 X Wafra I
X
Column Total ####### #######
</TABLE>
