UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 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: Heritage Investors Management Corp.
Address: 7101 Wisconsin Avenue
Suite 1112
Bethesda, MD 20814
13F File Number: 28-4650
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: Michael S. Cornfeld
Title: President
Phone: 301-951-0440
Signature, Place, and Date of Signing:
Michael S. Cornfeld Bethesda, Maryland July 10, 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: 153
Form 13F Information Table Value Total: $311,559
List of Other Included Managers:
No. 13F File Number Name
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FORM 13F INFORMATION TABLE
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
VALUE SHARES/ SH/ PUT/ INVSTMT ---VOTINGAUTHORITY---
NAME OF ISSUER TITLE OF CLASS CUSIP X$1000 PRN AMT PR CALL DSCRET MGRS SOLE SHARED NONE
AT&T CORP COM 001957109 2,344 74,111 SH SOLE 74,111 0 0
AT&T CORP-LIBERTY MEDIA GROUP COM 001957208 72 2,950 SH SOLE 2,950 0 0
ABBOTT LABORATORIES COM 002824100 2,050 46,010 SH SOLE 46,010 0 0
AEGON N.V. SPONSORED ADR 007924103 321 9,006 SH SOLE 9,006 0 0
AETHER SYSTEMS INC COM 00808V105 205 1,000 SH SOLE 1,000 0 0
AGILENT TECHNOLOGIES INC COM 00846U101 87 1,179 SH SOLE 1,179 0 0
AIR PRODUCTS & CHEMICALS INC COM 009158106 1,162 37,700 SH SOLE 37,700 0 0
ALLSTATE CORP COM 020002101 110 4,958 SH SOLE 4,958 0 0
AMERICA ONLINE INC COM 02364J104 382 7,255 SH SOLE 7,255 0 0
AMERICAN EXPRESS CO COM 025816109 5,011 96,140 SH SOLE 96,140 0 0
AMERICAN HOME PRODUCTS CORP COM 026609107 5,119 87,135 SH SOLE 87,135 0 0
AMERICAN INTL GROUP COM 026874107 272 2,318 SH SOLE 2,318 0 0
AMGEN INC COM 031162100 8,158 116,125 SH SOLE 116,125 0 0
ANHEUSER BUSCH COS INC COM 035229103 3,596 48,150 SH SOLE 48,150 0 0
ARCHER DANIELS MIDLAND CO COM 039483102 1,362 138,777 SH SOLE 138,777 0 0
ASSOCIATES FIRST CAPITAL COM 046008108 376 16,830 SH SOLE 16,830 0 0
BP AMOCO PLC ADR SPONSORED ADR 055622104 1,567 27,698 SH SOLE 27,698 0 0
BANK OF AMERICA CORP COM 060505104 1,283 29,838 SH SOLE 29,838 0 0
BELL ATLANTIC CORP COM 077853109 242 4,765 SH SOLE 4,765 0 0
BERKSHIRE HATHAWAY CLASS B COM 084670207 2,432 1,382 SH SOLE 1,382 0 0
BESTFOODS COM 08658U101 3,026 43,698 SH SOLE 43,698 0 0
BLOCK H & R INC COM 093671105 722 22,289 SH SOLE 22,289 0 0
BOEING CO COM 097023105 2,916 69,748 SH SOLE 69,748 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108 4,970 85,323 SH SOLE 85,323 0 0
CSX CORP COM 126408103 332 15,657 SH SOLE 15,657 0 0
CABOT CORP COM 127055101 259 9,500 SH SOLE 9,500 0 0
CALLAWAY GOLF CO COM 131193104 722 44,275 SH SOLE 44,275 0 0
CANANDAIGUA BRANDS INC CL A COM 137219200 683 13,550 SH SOLE 13,550 0 0
CAPITAL ONE FINANCIAL CORP COM 14040H105 161 3,600 SH SOLE 3,600 0 0
CATERPILLAR INC COM 149123101 153 4,527 SH SOLE 4,527 0 0
CHOICE HOTELS INTL INC COM 169905106 699 70,375 SH SOLE 70,375 0 0
CIENA CORP COM 171779101 333 2,000 SH SOLE 2,000 0 0
CIRCUIT CITY STORES-CARMAX GRP COM 172737306 135 40,000 SH SOLE 40,000 0 0
CISCO SYSTEMS INC COM 17275R102 568 8,936 SH SOLE 8,936 0 0
CITIGROUP INC COM 172967101 3,768 62,547 SH SOLE 62,547 0 0
COCA COLA CO COM 191216100 2,303 40,089 SH SOLE 40,089 0 0
COMPAQ COMPUTER COM 204493100 1,535 60,050 SH SOLE 60,050 0 0
CONAGRA INC COM 205887102 1,137 59,650 SH SOLE 59,650 0 0
CONEXANT SYSTEMS INC COM 207142100 97 2,000 SH SOLE 2,000 0 0
CONOCO INC CLASS B COM 208251405 2,807 114,277 SH SOLE 114,277 0 0
COOPER INDUSTRIES INC COM 216669101 622 19,109 SH SOLE 19,109 0 0
CORN PRODUCTS INTL INC COM 219023108 817 30,837 SH SOLE 30,837 0 0
DELL COMPUTER CORP COM 247025109 113 2,300 SH SOLE 2,300 0 0
DELPHI AUTOMOTIVE SYSTEMS COM 247126105 1,472 101,055 SH SOLE 101,055 0 0
DELTA AIR LINES INC COM 247361108 2,481 49,060 SH SOLE 49,060 0 0
DISNEY WALT CO COM 254687106 3,042 78,366 SH SOLE 78,366 0 0
DU PONT E I DE NEMOURS COM 263534109 2,426 55,459 SH SOLE 55,459 0 0
EASTMAN CHEMICAL CO COM 277432100 2,056 43,052 SH SOLE 43,052 0 0
EASTMAN KODAK CO COM 277461109 2,671 44,894 SH SOLE 44,894 0 0
ELAN CORP PLC SPONSORED ADR 284131208 170 3,500 SH SOLE 3,500 0 0
EQUITY INCOME FUND - AT & T COM 294700703 140 800 SH SOLE 800 0 0
ERICSSON L M TEL CO SPONSORED ADR 294821400 224 11,200 SH SOLE 11,200 0 0
EXXON MOBIL CORP COM 30231G102 5,284 67,317 SH SOLE 67,317 0 0
FANNIE MAE COM 313586109 4,494 86,112 SH SOLE 86,112 0 0
FEDERAL REALTY INVESTMENT TR COM 313747206 592 29,586 SH SOLE 29,586 0 0
FINOVA GROUP INC COM 317928109 1,065 81,890 SH SOLE 81,890 0 0
FIRST UNION CORP COM 337358105 215 8,652 SH SOLE 8,652 0 0
FLUOR CORP COM 343861100 1,850 58,500 SH SOLE 58,500 0 0
FORD MOTOR CO COM 345370100 1,464 34,064 SH SOLE 34,064 0 0
GANNETT INC COM 364730101 2,401 40,142 SH SOLE 40,142 0 0
GAP INC COM 364760108 4,864 155,638 SH SOLE 155,638 0 0
GENERAL ELECTRIC CO COM 369604103 23,541 444,177 SH SOLE 444,177 0 0
GENERAL MILLS INC COM 370334104 125 3,272 SH SOLE 3,272 0 0
GENERAL MOTORS CORP COM 370442105 1,263 21,757 SH SOLE 21,757 0 0
GENERAL MOTORS CORP CLASS H COM 370442832 668 7,609 SH SOLE 7,609 0 0
GEORGIA PACIFIC--GA PAC GROUP COM 373298108 582 22,166 SH SOLE 22,166 0 0
GILLETTE CO COM 375766102 1,947 55,729 SH SOLE 55,729 0 0
GUIDANT CORP COM 401698105 7,261 146,695 SH SOLE 146,695 0 0
HERSHEY FOODS CORP COM 427866108 1,111 22,900 SH SOLE 22,900 0 0
HEWLETT PACKARD CO COM 428236103 387 3,100 SH SOLE 3,100 0 0
HOME DEPOT INC COM 437076102 2,720 54,473 SH SOLE 54,473 0 0
HONEYWELL INTL INC COM 438516106 1,563 46,393 SH SOLE 46,393 0 0
HUMAN GENOME SCIENCES INC COM 444903108 200 1,500 SH SOLE 1,500 0 0
INDEPENDENCE FED SVGS BANK COM 453432106 440 44,000 SH SOLE 44,000 0 0
INTEL CORP COM 458140100 7,957 59,520 SH SOLE 59,520 0 0
INTERNATIONAL BUSINESS MACHINE COM 459200101 7,621 69,556 SH SOLE 69,556 0 0
INTERNATIONAL PAPER CO COM 460146103 1,069 35,850 SH SOLE 35,850 0 0
JDS UNIPHASE CORP COM 46612J101 150 1,250 SH SOLE 1,250 0 0
JOHNSON & JOHNSON COM 478160104 10,388 101,968 SH SOLE 101,968 0 0
KELLOGG CO COM 487836108 519 17,450 SH SOLE 17,450 0 0
KIMBERLY CLARK CORP COM 494368103 3,018 52,603 SH SOLE 52,603 0 0
LEE ENTERPRISES INC COM 523768109 209 8,950 SH SOLE 8,950 0 0
LEGGETT & PLATT INC COM 524660107 89 5,400 SH SOLE 5,400 0 0
LEXMARK INTL GROUP INC CL A COM 529771107 108 1,600 SH SOLE 1,600 0 0
LIBERTY CORP COM 530370105 1,226 29,200 SH SOLE 29,200 0 0
LILLY ELI & CO COM 532457108 3,875 38,800 SH SOLE 38,800 0 0
LIZ CLAIBORNE INC COM 539320101 812 23,033 SH SOLE 23,033 0 0
LOCKHEED MARTIN CORP COM 539830109 125 5,029 SH SOLE 5,029 0 0
LOEWS CORP COM 540424108 825 13,750 SH SOLE 13,750 0 0
LUCENT TECHNOLOGIES INC COM 549463107 4,036 68,116 SH SOLE 68,116 0 0
MBIA INC COM 55262C100 2,143 44,473 SH SOLE 44,473 0 0
MBNA CORP COM 55262L100 1,582 58,330 SH SOLE 58,330 0 0
MANOR CARE INC COM 564055101 915 130,782 SH SOLE 130,782 0 0
MARTIN MARIETTA MATERIALS INC COM 573284106 2,203 54,470 SH SOLE 54,470 0 0
MAY DEPT STORES CO COM 577778103 4,988 207,840 SH SOLE 207,840 0 0
MCDONALDS CORP COM 580135101 5,110 155,136 SH SOLE 155,136 0 0
MCKESSON HBOC INC COM 58155Q105 506 24,179 SH SOLE 24,179 0 0
MERCK & CO INC COM 589331107 7,212 94,117 SH SOLE 94,117 0 0
MICROSOFT CORP COM 594918104 5,422 67,781 SH SOLE 67,781 0 0
MILLIPORE COM 601073109 241 3,200 SH SOLE 3,200 0 0
MINNESOTA MINING & MANUF CO COM 604059105 2,588 31,366 SH SOLE 31,366 0 0
J.P. MORGAN & CO COM 616880100 1,096 9,954 SH SOLE 9,954 0 0
MORGAN STANLEY DEAN WITTER COM 617446448 4,608 55,356 SH SOLE 55,356 0 0
MOTOROLA INC COM 620076109 5,526 190,140 SH SOLE 190,140 0 0
NETWORK APPLIANCE INC COM 64120L104 129 1,600 SH SOLE 1,600 0 0
NEW YORK TIMES CO CL A COM 650111107 658 16,650 SH SOLE 16,650 0 0
NIKE INC CLASS B COM 654106103 1,581 39,715 SH SOLE 39,715 0 0
NORFOLK SOUTHERN CORP COM 655844108 1,289 86,681 SH SOLE 86,681 0 0
ORACLE CORP COM 68389X105 217 2,585 SH SOLE 2,585 0 0
PMC-SIERRA INC COM 69344F106 501 2,817 SH SOLE 2,817 0 0
PMI GROUP INC COM 69344M101 2,175 45,786 SH SOLE 45,786 0 0
PACCAR INC COM 693718108 2,729 68,768 SH SOLE 68,768 0 0
PALL CORP COM 696429307 970 52,450 SH SOLE 52,450 0 0
PAYLESS SHOESOURCE INC COM 704379106 1,801 35,135 SH SOLE 35,135 0 0
PEPSICO INC COM 713448108 5,831 131,211 SH SOLE 131,211 0 0
PFIZER INC COM 717081103 11,047 230,143 SH SOLE 230,143 0 0
PHILIP MORRIS COS INC COM 718154107 1,864 70,187 SH SOLE 70,187 0 0
POTOMAC ELECTRIC POWER CO COM 737679100 246 9,822 SH SOLE 9,822 0 0
PRAXAIR INC COM 74005P104 1,207 32,250 SH SOLE 32,250 0 0
T ROWE PRICE & ASSOCIATES COM 741477103 1,152 27,100 SH SOLE 27,100 0 0
PROCTER & GAMBLE CO COM 742718109 3,950 69,000 SH SOLE 69,000 0 0
PURCHASEPRO.COM COM 746144104 205 5,000 SH SOLE 5,000 0 0
QUALCOMM INC COM 747525103 250 4,160 SH SOLE 4,160 0 0
QWEST COMMUNICATIONS INTL COM 749121109 82 1,650 SH SOLE 1,650 0 0
RAYTHEON CO CLASS A COM 755111309 1,111 57,176 SH SOLE 57,176 0 0
RAYTHEON CO CLASS B COM 755111408 6 300 SH SOLE 300 0 0
ROYAL DUTCH PETROLEUM COM 780257804 154 2,500 SH SOLE 2,500 0 0
SBC COMMUNICATIONS INC COM 78387G103 2,558 59,152 SH SOLE 59,152 0 0
SLM HOLDING CORP COM 78442A109 4,337 115,846 SH SOLE 115,846 0 0
ST PAUL COS INC COM 792860108 215 6,300 SH SOLE 6,300 0 0
SCHERING PLOUGH CORP COM 806605101 7,300 144,549 SH SOLE 144,549 0 0
SCHLUMBERGER LTD COM 806857108 4,331 58,041 SH SOLE 58,041 0 0
SERVICE CORP INTERNATIONAL COM 817565104 269 84,238 SH SOLE 84,238 0 0
STUDENT LOAN CORP COM 863902102 412 9,800 SH SOLE 9,800 0 0
SUN MICROSYSTEMS INC COM 866810104 127 1,400 SH SOLE 1,400 0 0
SUNBURST HOSPITALITY CORP COM 866948102 127 28,590 SH SOLE 28,590 0 0
SUNTRUST BANKS INC COM 867914103 727 15,911 SH SOLE 15,911 0 0
SYLVAN LEARNING SYSTEMS INC COM 871399101 124 9,000 SH SOLE 9,000 0 0
TEXAS INSTRUMENTS INC COM 882508104 96 1,400 SH SOLE 1,400 0 0
TIBCO SOFTWARE INC COM 88632Q103 214 2,000 SH SOLE 2,000 0 0
TOYS R US COM 892335100 1,117 76,725 SH SOLE 76,725 0 0
TRICON GLOBAL RESTAURANTS COM 895953107 2,074 73,427 SH SOLE 73,427 0 0
UNION PACIFIC CORP COM 907818108 1,606 43,179 SH SOLE 43,179 0 0
UNITED BANKSHARES INC COM 909907107 100 5,500 SH SOLE 5,500 0 0
UNITED TECHNOLOGIES CORP COM 913017109 1,534 26,060 SH SOLE 26,060 0 0
VERITAS SOFTWARE CO COM 923436109 158 1,400 SH SOLE 1,400 0 0
WAL MART STORES INC COM 931142103 6,260 108,637 SH SOLE 108,637 0 0
WASHINGTON GAS LIGHT CO COM 938837101 268 11,121 SH SOLE 11,121 0 0
WASHINGTON POST CO CL B COM 939640108 3,599 7,530 SH SOLE 7,530 0 0
WILLIAMS COMPANIES COM 969457100 138 3,300 SH SOLE 3,300 0 0
WORLDCOM INC COM 98157D106 3,500 76,288 SH SOLE 76,288 0 0
XEROX CORP COM 984121103 877 42,280 SH SOLE 42,280 0 0
M-SYSTEMS FLASH DISK PIONEER COM M7061C100 421 5,400 SH SOLE 5,400 0 0
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