WILLIAMS JONES & ASSOCIATES INC /NY
13F-HR, 2000-10-19
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<PAGE>

                                UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                           Washington, D.C. 20549

                                  Form 13F

                             Form 13F COVER PAGE


Report for the Calendar Year or Quarter Ended: September 30, 2000
                                               -----------------------

Check Here if Amendment / /; Amendment Number:
                                               ---------
This Amendment (Check only one.):    /X/ is a restatement.
                                     / / adds new holdings entries.

Institutional Investment Manager Filing this Report:

   Name:         Williams, Jones & Associates, Inc.
                 ----------------------------------
   Address:      717 Fifth Avenue
                 ----------------------------------
                 24th Floor
                 ----------------------------------
                 New York, NY 10022
                 ----------------------------------

Form 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 Report on Behalf of Reporting Manager:

Name:    Patricia Donahue Ross
         -------------------------------
Title:   Portfolio administrator
         -------------------------------
Phone:   212-935-8750
         -------------------------------

Signature, Place, and Date of Signing:
/s/ Patricia Donahue Ross          New York, N.Y.       10-19-2000
-------------------------------    -----------------   -------------
[Signature]                        [City, State]       [Date]

Report Type (Check only one.):

    /X/ 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
        manager are reported in this report.)

    / / 13F NOTICE. (Check here if no holdings reported are in this report,
        and all holdings are reported by other reporting manager(s).)

    / / 13F COMBINATION REPORT. (Check here if a portion of the holdings for
        this reporting manager are reported in this report and a portion are
        reported by other reporting manager(s).)

   List of Other Managers Reporting for this Manager:
   [If there are no entries in this list, omit this section.]

        Form 13F File Number        Name
        28-
           ---------------          ------------------------------------
[Repeat as necessary.]

<PAGE>

SEC13F.LNS             WILLIAMS, JONES & ASSOCIATES, INC.

                              FORM 13F SUMMARY PAGE
                              AS OF DATE: 09/30/00

                          RUN DATE: 10/10/00 11:42 A.M.


Williams, Jones & Associates, Inc.
717 Fifth Avenue
24th Floor
New YORK, NY  10022

Form 13F-HR
Quarter Ended September 30, 2000

Patricia Donahue Ross
(212) 935-8750


REPORT SUMMARY:

NUMBER OF OTHER INCLUDED MANAGERS:        0

FORM 13F INFORMATION TABLE ENTRY TOTAL:   371

FORM 13F INFORMATION TABLE VALUE TOTAL:   $1,200,502,000



LIST OF OTHER INCLUDED MANAGERS:


<PAGE>

NO.   13F FILE NUMBER      NAME

<PAGE>

PORTVUE-SEC13F.LNP             WILLIAMS, JONES & ASSOCIATES, INC.       PAGE 1
RUN DATE: 10/10/00 11:41 A.M.
                                 FORM 13F INFORMATION TABLE
                                    AS OF DATE: 09/30/00

Williams, Jones & Associates, Inc.
717 Fifth Avenue
24th Floor
New York, NY  10022
Patricia Donahue Ross
(212) 935-8750

13F-HR
Quarter Ended September 30, 2000
CIK 0000949743
CCC o#rnen5p

<TABLE>
<CAPTION>
                                                VALUE   SHARES/ SH/ PUT/ INVSTMT    OTHER          VOTING AUTHORITY
  NAME OF ISSUER               TITLE OF CLASS    CUSIP    (x$1000)  PRN AMT PRN CALL DSCRETN   MANAGERS     SOLE    SHARED    NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S>                            <C>              <C>       <C>      <C>      <C> <C>  <C>     <C>          <C>      <C>      <C>
59 WALL STR FDS INC EUROPEAN E MUTUAL FUNDS     316821107      320     8353 SH       DEFINED                     0     8353        0
ABABE (AmericasBaby.Com)       COM              99A951104     3000     3000 SH       DEFINED                     0     3000        0
ABBOTT LABS                    COM              002824100     5038   105929 SH       DEFINED                     0   105929        0
ABN AMRO CAPITAL 7.50% PFD     PREFERRED STOCKS 00371Q202      315    14000 SH       DEFINED                     0    14000        0
AFLAC INC COM                  COM              001055102     1133    17528 SH       DEFINED                     0    17528        0
AGILENT TECHNOLOGIES INC COM   COM              00846U101     1775    36269 SH       DEFINED                     0    36269        0
ALCOA INC COM                  COM              013817101      203     8000 SH       DEFINED                     0     8000        0
ALLSTATE CORP                  COM              020002101      907    26102 SH       DEFINED                     0    26102        0
AMERICA ONLINE INC COM         COM              02364J104     4486    83457 SH       DEFINED                     0    83457        0


                                     Page 1
<PAGE>

AMERICAN AIRLINES PFD 7.875%   PREFERRED STOCKS 001765866      387    16500 SH       DEFINED                     0    16500        0
AMERICAN EXPRESS               COM              025816109     1385    22800 SH       DEFINED                     0    22800        0
AMERICAN EXPRESS CO CAP TR I 7 PREFERRED STOCKS 02583Y205      664    29850 SH       DEFINED                     0    29850        0
AMERICAN FINL HLDGS INC COM    COM              026075101      335    19000 SH       DEFINED                     0    19000        0
AMERICAN GENERAL CORP          COM              026351106      297     3810 SH       DEFINED                     0     3810        0
AMERICAN HOME PRODS CORP       COM              026609107     1965    34814 SH       DEFINED                     0    34814        0
AMERICAN INTL GROUP            COM              026874107    34829   363990 SH       DEFINED                     0   363240      750
AMERICAN TOWER CORP CL A       COM              029912201    17396   461575 SH       DEFINED                     0   461575        0
AMGEN INC                      COM              031162100     6117    87600 SH       DEFINED                     0    87600        0
ANADARKO PETE CORP COM         COM              032511107    12313   185273 SH       DEFINED                     0   185273        0
ANALOG DEVICES INC COM         COM              032654105     2656    32102 SH       DEFINED                     0    32102        0
ANDOVER BANCORP INC DEL COM    COM              034258103      305    10000 SH       DEFINED                     0    10000        0
ANHEUSER BUSCH COS INC         COM              035229103     1397    33028 SH       DEFINED                     0    33028        0
APPLIED MATLS INC              COM              038222105      712    12000 SH       DEFINED                     0    12000        0
ARCHER SYS INC COM             COM              039507108        1    50000 SH       DEFINED                     0    50000        0
ARETE INDS INC COM             COM              040098105        1    38000 SH       DEFINED                     0    38000        0
ARGO CAPTIAL TRUST PFD A 11%   PREFERRED STOCKS 040129207      214    25000 SH       DEFINED                     0    25000        0
ARIBA INC COM                  COM              04033V104     1576    11000 SH       DEFINED                     0    11000        0
ARKANSAS BEST CORP DEL COM     COM              040790107     2476   161048 SH       DEFINED                     0   161048        0
AT & T CORP.                   COM              001957109     7903   269029 SH       DEFINED                     0   269029        0
AT&T LIBERTY MEDIA CL A        COM              001957208    17726   981390 SH       DEFINED                     0   981390        0
AUTOMATIC DATA PROCESSING      COM              053015103      765    11440 SH       DEFINED                     0    11440        0
AUTOTOTE CORP CL A             COM              053323101      160    40540 SH       DEFINED                     0    40540        0
A/S EKSPORTFINANS PFD CAP SECS PREFERRED STOCKS R20543162     1259    50000 SH       DEFINED                     0    50000        0


                                     Page 2
<PAGE>

BANCO SANTANDER CENT HISPANOAD COM              05964H105      109    10000 SH       DEFINED                     0    10000        0
BANK NEW YORK INC              COM              064057102     1256    22228 SH       DEFINED                     0    22228        0
BANK ONE PFD 8.00%             PREFERRED STOCKS 06421B202      369    15000 SH       DEFINED                     0    15000        0
BAXTER INTL INC COM            COM              071813109     1180    14789 SH       DEFINED                     0    14789        0
BEA SYS INC COM                COM              073325102     7698    98850 SH       DEFINED                     0    98850        0
BEAR STEARNS PFD 7.5%          PREFERRED STOCKS 07383J209      650    28650 SH       DEFINED                     0    28650        0
BED BATH & BEYOND INC COM      COM              075896100      244    10000 SH       DEFINED                     0    10000        0
BELLSOUTH CORP COM             COM              079860102      778    19202 SH       DEFINED                     0    19202        0
BELO A H CORP COM SER A        COM              080555105      502    27236 SH       DEFINED                     0    27236        0
BERKSHIRE HATHAWAY INC DEL     COM              084670108      773       12 SH       DEFINED                     0       12        0
BERKSHIRE HATHAWAY INC DEL CL  COM              084670207     1076      520 SH       DEFINED                     0      499       21
BESTFOODS                      COM              08658U101      793    10903 SH       DEFINED                     0    10903        0
BIOGEN N V                     COM              090597105      936    15350 SH       DEFINED                     0    15350        0
BLACKROCK N A GOVT INCM TR COM MUTUAL FUNDS     092475102      687    69541 SH       DEFINED                     0    69541        0
BLUESTONE SOFTWARE INC (RESTRI COM              09623P102     2726   156907 SH       DEFINED                     0   156907        0
BP AMOCO ADS                   COM              055622104     4330    81704 SH       DEFINED                     0    81704        0
BRANDYWINE RLTY TR SH BEN INT  COM              105368203     2488   122850 SH       DEFINED                     0   122850        0
BRISTOL MYERS SQUIBB CO COM    COM              110122108     9607   167080 SH       DEFINED                     0   167080        0

PORTVUE-SEC13F.LNP                               WILLIAMS, JONES & ASSOCIATES, INC.                                        PAGE 2
RUN DATE: 10/10/00 11:41 A.M.
                                                     FORM 13F INFORMATION TABLE
                                                        AS OF DATE: 09/30/00


                                     Page 3
<PAGE>

<CAPTION>

                                                            VALUE   SHARES/ SH/ PUT/ INVSTMT    OTHER          VOTING AUTHORITY
  NAME OF ISSUER               TITLE OF CLASS    CUSIP    (x$1000)  PRN AMT PRN CALL DSCRETN   MANAGERS     SOLE    SHARED    NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S>                            <C>              <C>       <C>      <C>      <C> <C>  <C>     <C>          <C>      <C>      <C>
BURLINGTON INDS INC NEW COM    COM              121693105       76    61000 SH       DEFINED                     0    61000        0
CADIZ INC COM                  COM              127537108      330    33000 SH       DEFINED                     0    33000        0
CARDINAL HEALTH INC COM        COM              14149Y108     1058    12002 SH       DEFINED                     0    12002        0
CAREMARK RX INC.               COM              141705103      165    14630 SH       DEFINED                     0    14630        0
CAT FUND (Ocelet Fund)         COM              0     BLA      802      814 SH       DEFINED                     0      814        0
CELLNET DATA SYS INC           COM              15115M101        0    23137 SH       DEFINED                     0    23137        0
CENTRAL EUROPEAN EQTY FD INCCO MUTUAL FUNDS     153436100      138    10801 SH       DEFINED                     0    10801        0
CENTURYTEL INC COM             COM              156700106      559    20500 SH       DEFINED                     0    20500        0
CHASE MANHATTAN CORPORATION    COM              16161A108      975    21113 SH       DEFINED                     0    21113        0
CHEVRON CORP COM               COM              166751107      867    10175 SH       DEFINED                     0    10175        0
CHILTON PARTNERS               COM              0             3380        1 SH       DEFINED                     0        1        0
CHUBB CORP                     COM              171232101      273     3450 SH       DEFINED                     0     3450        0
CIGNA HIGH INCOME SHARES SH BE MUTUAL FUNDS     12551D109       51    10400 SH       DEFINED                     0    10400        0
CINCINNATI FINL CORP           COM              172062101     1019    28692 SH       DEFINED                     0    28692        0
CINTAS CORP                    COM              172908105     1137    26100 SH       DEFINED                     0    26100        0
CISCO SYS INC                  COM              17275R102    15993   289460 SH       DEFINED                     0   289460        0
CITIGROUP INC.                 COM              172967101    12384   229065 SH       DEFINED                     0   229065        0
CLEAR CHANNEL COMMUNICATIONS   COM              184502102     2782    49237 SH       DEFINED                     0    49237        0
CLOROX CO                      COM              189054109      601    15200 SH       DEFINED                     0    15200        0
CLOSURE MED CORP COM           COM              189093107      680    27000 SH       DEFINED                     0    27000        0


                                     Page 4
<PAGE>

CMG INFORMATION SVCS INC COM   COM              125750109     1054    37725 SH       DEFINED                     0    37725        0
COBALT NETWORKS INC RESTRICTED COM              BLANK BLA    15970   275937 SH       DEFINED                     0   273235     2702
COCA COLA                      COM              191216100      893    16205 SH       DEFINED                     0    16205        0
COLGATE PALMOLIVE CO           COM              194162103     4067    86168 SH       DEFINED                     0    86168        0
COMCAST CORP CL A SPL          COM              200300200      701    17131 SH       DEFINED                     0    17131        0
COMMERCIAL BANKSHARES, INC.    COM              201607108      342    19801 SH       DEFINED                     0    19801        0
COMMUNITY BK SYS INC           COM              203607106      864    33300 SH       DEFINED                     0    33300        0
COMMUNITY CAP TRUST I 144A 9.7 PREFERRED STOCKS 20364EAA5      425     5000 SH       DEFINED                     0     5000        0
COMMUNITY CAP TRUST I SER B 9. PREFERRED STOCKS 20364EAC1      553     6500 SH       DEFINED                     0     6500        0
COMPAQ COMPUTER CORP           COM              204493100      341    12400 SH       DEFINED                     0    12400        0
COMPUTER ASSOC INTL INC COM    COM              204912109      273    10800 SH       DEFINED                     0    10800        0
COMPUTER SCIENCES CORP         COM              205363104     1755    23630 SH       DEFINED                     0    23630        0
COMVEN FUND II (VantagePoint V COM              0             3000     2000 SH       DEFINED                     0     1975       25
COMVEN FUND III A (VantagePoin COM              BLANK          295      295 SH       DEFINED                     0      295        0
COMVEN FUND III Q (VantagePoin COM              BLANK          705      705 SH       DEFINED                     0      705        0
COMVEN FUND (VantagePoint Comm COM              205997109     1929     1286 SH       DEFINED                     0     1286        0
CONEXANT SYS INC COM           COM              207142100      628    15000 SH       DEFINED                     0    15000        0
CONNECTICUT BANCSHARES INC COM COM              207540105      909    48000 SH       DEFINED                     0    48000        0
CONOCO INC CL B                COM              208251405      414    15378 SH       DEFINED                     0    15378        0
CONSECO INC COM                COM              208464107      155    20300 SH       DEFINED                     0    20300        0
CONSOLIDATED EDISON NY PFD SER PREFERRED STOCKS 209111301      309     4500 SH       DEFINED                     0     4500        0
CONVERGYS CORP COM             COM              212485106     1821    46834 SH       DEFINED                     0    46834        0
COPPER MTN NETWORKS INC COM    COM              217510106     4163   111010 SH       DEFINED                     0   111010        0
CORNING INC                    COM              219350105    11678   117960 SH       DEFINED                     0   117960        0


                                     Page 5
<PAGE>

COVE FUND (A) (Cove Ventures)  COM              99A773102     2230     2230 SH       DEFINED                     0     2205       25
COVE FUND (Q) (Cove Ventures)  COM              99A773102     7465     7465 SH       DEFINED                     0     7465        0
COX COMMUNICATIONS INC NEW     COM              224044107      853    22296 SH       DEFINED                     0    22296        0
CULLEN FROST BANKERS           COM              229899109      455    14000 SH       DEFINED                     0    14000        0
CVS CORPORATION                COM              126650100     6003   129619 SH       DEFINED                     0   129619        0
CYPRESS SEMICONDUCTOR CORP COM COM              232806109    12259   294950 SH       DEFINED                     0   294950        0
DEERE & CO.                    COM              244199105      207     6215 SH       DEFINED                     0     6215        0

PORTVUE-SEC13F.LNP                               WILLIAMS, JONES & ASSOCIATES, INC.                                        PAGE 3
RUN DATE: 10/10/00 11:41 A.M.
<CAPTION>
                                                     FORM 13F INFORMATION TABLE
                                                        AS OF DATE: 09/30/00

                                                            VALUE   SHARES/ SH/ PUT/ INVSTMT    OTHER          VOTING AUTHORITY
  NAME OF ISSUER               TITLE OF CLASS    CUSIP    (x$1000)  PRN AMT PRN CALL DSCRETN   MANAGERS     SOLE    SHARED    NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S>                            <C>              <C>       <C>      <C>      <C> <C>  <C>     <C>          <C>      <C>      <C>
DEUTSCHE INTL EQUITY-INV       MUTUAL FUNDS     055922868      430    15823 SH       DEFINED                     0    15823        0
DEUTSCHE SMALL CAP FUND-INV    MUTUAL FUNDS     055922769      211     7834 SH       DEFINED                     0     7834        0
DIGRAD FUND (USA Digital Radio COM              99A970104      685      685 SH       DEFINED                     0      680        5
DISNEY WALT PRODTNS            COM              254687106     2718    71071 SH       DEFINED                     0    71071        0
DLJ CAPITAL TRUST I 8.42%      PREFERRED STOCKS 23321W202      291    11825 SH       DEFINED                     0    11825        0
DOLLAR GEN CORP                COM              256669102     3593   214531 SH       DEFINED                     0   214531        0
DOW JONES & CO INC             COM              260561105      284     4700 SH       DEFINED                     0     4700        0
DRESDNER RCM GLOBAL STRATEGICO MUTUAL FUNDS     26157B101      125    19240 SH       DEFINED                     0    19240        0


                                     Page 6
<PAGE>

DU PONT E I DE NEMOURS CO      COM              263534109      637    15594 SH       DEFINED                     0    15594        0
DUFF & PHELPS UTILITIES INCOME COM              264324104      159    16300 SH       DEFINED                     0    16300        0
DUKE PWR CO                    COM              264399106      326     3804 SH       DEFINED                     0     3804        0
E M C CORP MASS                COM              268648102    21917   220270 SH       DEFINED                     0   220270        0
EARTHSHELL CORP COM            COM              27032B100       34    26932 SH       DEFINED                     0    26932        0
EDCOM FUND (A) (Educational Ne COM              0              285      285 SH       DEFINED                     0      285        0
EDCOM FUND (Q) (Educational Ne COM              99B051102     1660     1660 SH       DEFINED                     0     1660        0
EDGE PETE CORP DEL COM         COM              279862106       63    15500 SH       DEFINED                     0    15500        0
EDISON INT PFD 7.875%          PREFERRED STOCKS 268540200      618    29000 SH       DEFINED                     0    29000        0
EL PASO ENERGY CORP DEL COM    COM              283905107      206     3344 SH       DEFINED                     0     3344        0
ELAN PLC ADR                   COM              284131208      482     8800 SH       DEFINED                     0     8800        0
ELANET FUND (Elastic Networks) COM              99A987108     6940     3470 SH       DEFINED                     0     3455       15
ELECTRONICS FOR IMAGING INC CO COM              286082102      352    13950 SH       DEFINED                     0    13950        0
EMERGING GERMANY FD INC COM    COM              26156W106      152    10000 SH       DEFINED                     0    10000        0
EMERSON ELEC CO                COM              291011104     8148   121617 SH       DEFINED                     0   121617        0
ENRON CORP                     COM              293561106      661     7539 SH       DEFINED                     0     7539        0
ENTERPRISE CAP TRUST I 7.44%   PREFERRED STOCKS 293701207      213    10000 SH       DEFINED                     0    10000        0
EPRISE CORP. RESTRICTED (VENTU COM              BLANK BLA     2032   235548 SH       DEFINED                     0   233001     2546
EQUITY OFFICE PPTYS TR COM     COM              294741103      645    20795 SH       DEFINED                     0    20795        0
EXODUS COMMUNICATIONS          COM              302088109      677    13720 SH       DEFINED                     0    13720        0
EXODUS COMMUNICATIONS RESTRICT COM              BLANK BLA     2012    40758 SH       DEFINED                     0    40236      522
EXXON MOBIL CORPORATION        COM              30231G102    11879   133315 SH       DEFINED                     0   132715      600
EYE FUND (Earthwatch)          COM              0             1070     1070 SH       DEFINED                     0     1070        0
FED HOME LN MTG CP-VTG COM-FOR COM              313400301      434     8020 SH       DEFINED                     0     8020        0


                                     Page 7
<PAGE>

FEDERAL NAT MORTGAGE ASSN      COM              313586109     1199    16766 SH       DEFINED                     0    16766        0
FEDEX CORP                     COM              31428X106     1273    28700 SH       DEFINED                     0    28700        0
FIFTH 3RD BANCORP              COM              316773100     1729    32087 SH       DEFINED                     0    32087        0
FIRST COMWLTH FD INC           MUTUAL FUNDS     31983F102       89    10000 SH       DEFINED                     0    10000        0
FIRST DATA CORP COM            COM              319963104      256     6542 SH       DEFINED                     0     6542        0
FIRST WASHINGTON RLTY TR INCCO COM              337489504      274    10800 SH       DEFINED                     0    10800        0
FLEETBOSTON FINANCIAL CORPORAT COM              339030108     1001    25676 SH       DEFINED                     0    25676        0
FOUNDER HONG KONG LTD ORD      COM              Y2618P107        9    10000 SH       DEFINED                     0    10000        0
FRANKLIN N Y TAX FREE INCOMECO MUTUAL FUNDS     354130106      573    50535 SH       DEFINED                     0    50535        0
GABLES RESIDENTIAL PROPERTY TR PREFERRED STOCKS 362418204     1210    59000 SH       DEFINED                     0    59000        0
GAME FUND (Sega GameWorks)     COM              0             2230     2230 SH       DEFINED                     0     2230        0
GANNETT INC DEL                COM              364730101      228     4300 SH       DEFINED                     0     4300        0
GAP INC COM                    COM              364760108     1516    75349 SH       DEFINED                     0    75349        0
GENERAL ELECTRIC               COM              369604103    22267   385161 SH       DEFINED                     0   384261      900
GENERAL MILLS INC              COM              370334104      937    26400 SH       DEFINED                     0    26400        0
GENERAL MTRS CORP              COM              370442105      223     3430 SH       DEFINED                     0     3430        0
GENERAL MTRS CORP CL H NEW     COM              370442832      232     6234 SH       DEFINED                     0     6234        0
GENRAD INC                     COM              372447102    10900   990917 SH       DEFINED                     0   988917     2000
GILEAD SCIENCES INC COM        COM              375558103      447     4079 SH       DEFINED                     0     4079        0

PORTVUE-SEC13F.LNP                               WILLIAMS, JONES & ASSOCIATES, INC.                                        PAGE 4
RUN DATE: 10/10/00 11:41 A.M.
                                                     FORM 13F INFORMATION TABLE
                                                        AS OF DATE: 09/30/00


                                     Page 8
<PAGE>

<CAPTION>

                                                            VALUE   SHARES/ SH/ PUT/ INVSTMT    OTHER          VOTING AUTHORITY
  NAME OF ISSUER               TITLE OF CLASS    CUSIP    (x$1000)  PRN AMT PRN CALL DSCRETN   MANAGERS     SOLE    SHARED    NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S>                            <C>              <C>       <C>      <C>      <C> <C>  <C>     <C>          <C>      <C>      <C>
GILLETTE CO                    COM              375766102     1328    43010 SH       DEFINED                     0    43010        0
GLOBAL CROSSING LTD COM        COM              G3921A100     3281   105854 SH       DEFINED                     0   105854        0
GLOBAL TELESYSTEMS CV 5.750% 0 CONVERTIBLE BOND 37936UAE4      638  2200000 PRN      DEFINED                     0  2200000        0
GLOBAL TELESYSTEMS GROUP INCCO COM              37936U104       84    18600 SH       DEFINED                     0    18600        0
GLOBALSTAR TELECOMMUNICATION   COM              G3930H104    10319  1196380 SH       DEFINED                     0  1196380        0
GPU INC COM                    COM              36225X100    10112   311600 SH       DEFINED                     0   311600        0
GREATER COMMUNITY BANK 10% PFD PREFERRED STOCKS 36155N105      450    18000 SH       DEFINED                     0    18000        0
GRUPO TELEVISA SA DE CV GLBL D COM              40049J206     9087   157516 SH       DEFINED                     0   157516        0
GUIDANT CORP COM               COM              401698105     5376    76049 SH       DEFINED                     0    76049        0
GUINNESS PEAT GROUP            FOREIGN COMMON S G42028103       49    62323 SH       DEFINED                     0    62323        0
HALLIBURTON CO                 COM              406216101      264     5400 SH       DEFINED                     0     5400        0
HARTE HANKS COMMUNICATIONS COM COM              416196103     9966   365716 SH       DEFINED                     0   365716        0
HARTFORD FINL SVCS GROUP INCCO COM              416515104     3644    50000 SH       DEFINED                     0    50000        0
HEINZ H J CO                   COM              423074103     1129    30475 SH       DEFINED                     0    30475        0
HEWLETT PACKARD                COM              428236103     8100    83080 SH       DEFINED                     0    83080        0
HISPANIC BROADCASTING CO       COM              43357B104      279    10000 SH       DEFINED                     0    10000        0
HOME DEPOT INC                 COM              437076102     9000   170018 SH       DEFINED                     0   170018        0
HOMEFED CORPORATION            COM              43739D208     1702  2836821 SH       DEFINED                     0  2836821        0
HONEYWELL INTERNATIONAL, INC.  COM              438516106     1261    35400 SH       DEFINED                     0    35400        0


                                     Page 9
<PAGE>

IBM                            COM              459200101     8799    78123 SH       DEFINED                     0    78123        0
IKON OFFICE SOLUTIONS INC      COM              451713101       47    12000 SH       DEFINED                     0    12000        0
ILLINOIS TOOL WORKS INC        COM              452308109      629    11250 SH       DEFINED                     0    11250        0
IMATEC LTD COM                 COM              45246D100        7    20000 SH       DEFINED                     0    20000        0
IMMUNEX CORP NEW COM           COM              452528102      416     9558 SH       DEFINED                     0     9558        0
INFINEON TECHNOLOGIES AG ADR S COM              45662N103      475    10000 SH       DEFINED                     0    10000        0
INKTOMI                        COM              457277101    19280   169121 SH       DEFINED                     0   166621     2500
INTEL CORP                     COM              458140100     9109   219154 SH       DEFINED                     0   219154        0
INTERNATIONAL SPEEDWAY CORP CL COM              460335201     4610   118200 SH       DEFINED                     0   118200        0
INTERNATIONAL SPEEDWAY CORP CL COM              460335300      375     9750 SH       DEFINED                     0     9750        0
INTERPUBLIC GROUP COS INC      COM              460690100     1325    38900 SH       DEFINED                     0    38900        0
INVESTORS FINL SERVICES CORPCO COM              461915100     1263    20000 SH       DEFINED                     0    20000        0
JDS UNIPHASE COM               COM              46612J101    79262   837089 SH       DEFINED                     0   835889     1200
JOHNSON & JOHNSON              COM              478160104    18222   193975 SH       DEFINED                     0   193475      500
KEYCORP                        COM              493267108      529    20914 SH       DEFINED                     0    20914        0
KEYSPAN CORP COM               COM              49337W100      242     6035 SH       DEFINED                     0     6035        0
KIMBERLY CLARK CORP            COM              494368103     3597    64442 SH       DEFINED                     0    64442        0
KOHLS CORP COM                 COM              500255104      462     8000 SH       DEFINED                     0     8000        0
KROGER CO                      COM              501044101      281    12472 SH       DEFINED                     0    12472        0
LABRADOR PARTNERS              COM              0             1097        1 SH       DEFINED                     0        1        0
LANCASTER COLONY CORP          COM              513847103      887    36102 SH       DEFINED                     0    36102        0
LEAP WIRELESS INTL INC COM     COM              521863100      282     4506 SH       DEFINED                     0     4506        0
LEGG MASON INC COM             COM              524901105     2038    35058 SH       DEFINED                     0    35058        0
LEUCADIA NATL CORP             COM              527288104    11129   416055 SH       DEFINED                     0   416055        0


                                     Page 10
<PAGE>

LILLY ELI & CO                 COM              532457108     4461    54989 SH       DEFINED                     0    54989        0
LINEAR TECHNOLOGY CORP COM     COM              535678106      324     5000 SH       DEFINED                     0     5000        0
LORAL SPACE & COMMN. CVT PFD $ CONVERTIBLE PREF G56462149     1369    52650 SH       DEFINED                     0    52650        0
LORAL SPACE & COMMNS           COM              G56462107    10780  1760013 SH       DEFINED                     0  1760013        0
LUCENT TECHNOLOGIES INC COM    COM              549463107     1462    47931 SH       DEFINED                     0    47931        0
MANNESMANN A G ADR SPONSORED   COM              563775303      368     2500 SH       DEFINED                     0     2500        0
MARSH MCLENNAN                 COM              571748102     1819    13700 SH       DEFINED                     0    13700        0
MASS INVESTOR TR CBI           MUTUAL FUNDS     575736103      276    12934 SH       DEFINED                     0    12934        0

PORTVUE-SEC13F.LNP                               WILLIAMS, JONES & ASSOCIATES, INC.                                        PAGE 5
RUN DATE: 10/10/00 11:41 A.M.
                                                     FORM 13F INFORMATION TABLE
                                                        AS OF DATE: 09/30/00
<CAPTION>
                                                            VALUE   SHARES/ SH/ PUT/ INVSTMT    OTHER          VOTING AUTHORITY
  NAME OF ISSUER               TITLE OF CLASS    CUSIP    (x$1000)  PRN AMT PRN CALL DSCRETN   MANAGERS     SOLE    SHARED    NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S>                            <C>              <C>       <C>      <C>      <C> <C>  <C>     <C>          <C>      <C>      <C>
MBNA CORP                      COM              55262L100     2695    69989 SH       DEFINED                     0    69989        0
MCDONALDS                      COM              580135101      544    18021 SH       DEFINED                     0    18021        0
MDU COMMUNICATIONS INTL INC CO COM              582828109       21    14000 SH       DEFINED                     0    14000        0
MEDIA ONE FIN TR. 9.04% TR. OR PREFERRED STOCKS 584458202     2309    91900 SH       DEFINED                     0    91900        0
MEDTRONIC INC                  COM              585055106     7742   149428 SH       DEFINED                     0   149428        0
MEDVEN 2 (A) (Caduceus Private COM              BLANK BLA     1325     1325 SH       DEFINED                     0     1300       25
MEDVEN 2 (Q) (Caduceus Private COM              BLANK BLA     3665     3665 SH       DEFINED                     0     3665        0


                                     Page 11
<PAGE>

MEDVEN FUND (Sapient Capital)  COM              58599D106     2000     2000 SH       DEFINED                     0     2000        0
MELLON FINL CORP               COM              58551A108      486    10480 SH       DEFINED                     0    10480        0
MERCK & CO                     COM              589331107     5873    78897 SH       DEFINED                     0    78197      700
MERCURY INTERACTIVE CORP COM   COM              589405109     3041    19400 SH       DEFINED                     0    19400        0
MERRILL LYNCH PREF 7.28        PREFERRED STOCKS 59021K205      566    25300 SH       DEFINED                     0    25300        0
MERRILL LYNCH & CO. INC.       COM              590188108    13217   200250 SH       DEFINED                     0   200250        0
METTLER-TOLEDO INTL INC COM    COM              592688105      370     8400 SH       DEFINED                     0     8400        0
MICROSOFT                      COM              594918104     2386    39565 SH       DEFINED                     0    39565        0
MILLENNIUM PHARMACTCLS INC COM COM              599902103     3104    42500 SH       DEFINED                     0    42500        0
MINNESOTA MNG & MFG CO         COM              604059105      450     4943 SH       DEFINED                     0     4943        0
MORGAN J.P. & CO INC           COM              616880100     5847    35790 SH       DEFINED                     0    35790        0
MORGAN STANLEY DEAN WITTER DIS COM              617446448     3989    43626 SH       DEFINED                     0    43626        0
MOTOROLA INC                   COM              620076109     2910    98630 SH       DEFINED                     0    98630        0
MRV COMMUNICATIONS INC COM     COM              553477100      358     7900 SH       DEFINED                     0     7900        0
MUELLER INDS INC COM           COM              624756102      756    33700 SH       DEFINED                     0    33700        0
MUNDER INCOME FUND             MUTUAL FUNDS     997935ZZ7      308    27298 SH       DEFINED                     0    27298        0
MUNDER INTERMEDIATE FD         MUTUAL FUNDS     99292ZZ50      247    29415 SH       DEFINED                     0    29415        0
MUSIC FUND (Xtra Music)        COM              BLANK BLA     3132     1205 SH       DEFINED                     0     1205        0
NATIONAL SVC INDS INC          COM              637657107      196    10000 SH       DEFINED                     0    10000        0
NETEGRITY INC COM              COM              64110P107     1683    24037 SH       DEFINED                     0    24037        0
NETWORK APPLIANCE INC COM      COM              64120L104    12859   100950 SH       DEFINED                     0   100950        0
NEWELL RUBBERMAID INC.         COM              651229106      434    19010 SH       DEFINED                     0    19010        0
NEWPORT CORP COM               COM              651824104     3456    21700 SH       DEFINED                     0    21700        0
NEWS CORP LTD SPON ADR PFD     PREFERRED STOCKS 652487802      516    11000 SH       DEFINED                     0    11000        0


                                     Page 12
<PAGE>

NEWSCORP OVERSEAS SER B PERF F PREFERRED STOCKS BLANK BLA     2008   110000 SH       DEFINED                     0   110000        0
NEXTEL COMMUNICATIONS INC CL A COM              65332V103    14102   301648 SH       DEFINED                     0   301648        0
NEXTLINK COMMUNICATIONS INC CL COM              65333H707     3746   106472 SH       DEFINED                     0   106472        0
NOKIA CORP                     COM              654902204      848    21200 SH       DEFINED                     0    20000     1200
NORFOLK SOUTHN CORP            COM              655844108      218    14900 SH       DEFINED                     0    14900        0
NORTEL NETWORKS CORPORATION    COM              656568102     1056    17755 SH       DEFINED                     0    17755        0
NORTH EUROPEAN OIL RLTY TR UNI COM              659310106     1310    72793 SH       DEFINED                     0    72793        0
NORTH FORK BANCORP INC N Y     COM              659424105     1422    65767 SH       DEFINED                     0    65767        0
NUVEEN NY INVT QUAL MUN FD COM COM              67062X101      555    40000 SH       DEFINED                     0    40000        0
OCCIDENTAL PETROLEUM $25 PFD 8 PREFERRED STOCKS 692070204      372    16500 SH       DEFINED                     0    16500        0
OHIO EDISON TR PFD SER A 9.00% PREFERRED STOCKS 677350209      532    22000 SH       DEFINED                     0    22000        0
OMNICOM GROUP                  COM              681919106     1144    15683 SH       DEFINED                     0    15683        0
ONEIDA LTD COM                 COM              682505102      347    25000 SH       DEFINED                     0    25000        0
ORACLE SYS CORP COM            COM              68389X105      437     5550 SH       DEFINED                     0     5550        0
PACIFIC CENTURY CYBERWORKS COM COM              Y6801N100       11    10000 SH       DEFINED                     0    10000        0
PEPSICO INC                    COM              713448108     3273    71150 SH       DEFINED                     0    71150        0
PEREGRINE SYS INC COM          COM              71366Q101      605    31950 SH       DEFINED                     0    31950        0
PFIZER INC                     COM              717081103    10446   232550 SH       DEFINED                     0   232550        0
PHARMACIA CORP                 COM              71713U102     1423    23640 SH       DEFINED                     0    23640        0
PHILIP MORRIS                  COM              718154107      662    22500 SH       DEFINED                     0    22500        0

PORTVUE-SEC13F.LNP                               WILLIAMS, JONES & ASSOCIATES, INC.                                        PAGE 6
RUN DATE: 10/10/00 11:41 A.M.
                                                     FORM 13F INFORMATION TABLE


                                     Page 13
<PAGE>

                                                        AS OF DATE: 09/30/00
<CAPTION>
                                                            VALUE   SHARES/ SH/ PUT/ INVSTMT    OTHER          VOTING AUTHORITY
  NAME OF ISSUER               TITLE OF CLASS    CUSIP    (x$1000)  PRN AMT PRN CALL DSCRETN   MANAGERS     SOLE    SHARED    NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S>                            <C>              <C>       <C>      <C>      <C> <C>  <C>     <C>          <C>      <C>      <C>
PHILLIPS PETROLEUM COMPANY     COM              718507106      257     4102 SH       DEFINED                     0     4102        0
PHONE COM INC COM              COM              71920Q100     1079     9500 SH       DEFINED                     0     9500        0
PINNACLE HLDGS INC COM         COM              72346N101     5751   216015 SH       DEFINED                     0   216015        0
PINNACLE SYS INC COM           COM              723481107      113    10000 SH       DEFINED                     0    10000        0
PINNACLE WEST CAP CORP         COM              723484101      611    12000 SH       DEFINED                     0    12000        0
PITNEY BOWES INC               COM              724479100      217     5500 SH       DEFINED                     0     5500        0
PNC FINANCIAL CORP             COM              693475105     1049    16135 SH       DEFINED                     0    16135        0
POST PROPERTIES                COM              737464107      688    15800 SH       DEFINED                     0    15800        0
PROCTER & GAMBLE CO            COM              742718109     2537    37864 SH       DEFINED                     0    37864        0
PROTEIN FUND (Protein Polymer  COM              999999999      950      950 SH       DEFINED                     0      950        0
PUTNAM MASTER INCOME TR SH BEN MUTUAL FUNDS     74683K104       68    10184 SH       DEFINED                     0    10184        0
QUALCOMM INC COM               COM              747525103    67797   951535 SH       DEFINED                     0   948535     3000
QWEST COMMUNICATIONS INTL INCO COM              749121109     1512    31419 SH       DEFINED                     0    31419        0
REALNETWORKS INC COM           COM              75605L104      690    17350 SH       DEFINED                     0    17350        0
REGIONS FINL CORP COM          COM              758940100      204     9000 SH       DEFINED                     0     9000        0
ROYAL BANK OF SCOTLAND 8.500%  PREFERRED STOCKS 780097853      368    15000 SH       DEFINED                     0    15000        0
ROYAL BANK OF SCOTLAND GRP PLC PREFERRED STOCKS 780097887      543    24700 SH       DEFINED                     0    24700        0
ROYAL BANK SCOTLND PLC ADS REP PREFERRED STOCKS 780097861      395    17000 SH       DEFINED                     0    17000        0


                                     Page 14
<PAGE>

ROYAL DUTCH PETRO-NY SHARES    COM              780257804    10821   180546 SH       DEFINED                     0   179896      650
SANDISK CORP COM               COM              80004C101     1822    27300 SH       DEFINED                     0    27300        0
SARA LEE CORP COM              COM              803111103      353    17400 SH       DEFINED                     0    17400        0
SBC COMMUNICATIONS, INC        COM              78387G103     1316    26382 SH       DEFINED                     0    26382        0
SCANDINAVIAN BROADCASTING 7.00 CONVERTIBLE BOND 805906AC8     1737  1315000 PRN      DEFINED                     0  1315000        0
SCHERING PLOUGH CORP           COM              806605101      700    15024 SH       DEFINED                     0    15024        0
SCHLUMBERGER                   COM              806857108     2807    34098 SH       DEFINED                     0    34098        0
SCIENTIFIC ATLANTA INC         COM              808655104     3165    49750 SH       DEFINED                     0    49750        0
SEAGATE TECHNOLOGY             COM              811804103      897    13000 SH       DEFINED                     0    13000        0
SEARS ROEBUCK & CO             COM              812387108      389    12000 SH       DEFINED                     0    12000        0
SHELL TRANS & TRADING LTD NEW  COM              822703609      367     7500 SH       DEFINED                     0     7500        0
SHIRE PHARMACEUTICALS GROUP AD COM              82481R106     4390    85046 SH       DEFINED                     0    85046        0
SIEBEL SYS INC COM             COM              826170102      223     2000 SH       DEFINED                     0     2000        0
SIEMENS A G ADR NEW            COM              826197402     1932    15000 SH       DEFINED                     0    15000        0
SIGMA ALDRICH CORP             COM              826552101      591    17900 SH       DEFINED                     0    17900        0
SOLECTRON CORP COM             COM              834182107     8045   174425 SH       DEFINED                     0   174425        0
SOUTHERN CO                    COM              842587107      552    17000 SH       DEFINED                     0    17000        0
SPRINT CORP COM                COM              852061100      470    16032 SH       DEFINED                     0    16032        0
SPRINT CORP PCS COM SER 1      COM              852061506     3903   111116 SH       DEFINED                     0   111116        0
STATE STREET CORP              COM              857477103      533     4100 SH       DEFINED                     0     4100        0
STILWELL FINL INC COM          COM              860831106      356     8184 SH       DEFINED                     0     8184        0
STOCKER & YALE INC NEW COM NEW COM              86126T203      234     6000 SH       DEFINED                     0     6000        0
SUMMIT BANCORP COM             COM              866005101      222     6445 SH       DEFINED                     0     6445        0
SUMMO MINERALS CORP COM        COM              86636K106        2    15000 SH       DEFINED                     0    15000        0


                                     Page 15
<PAGE>

SUN BANCORP INC N J COM        COM              86663B102      158    15750 SH       DEFINED                     0    15750        0
SUN MICROSYSTEM INC COM        COM              866810104    23463   200970 SH       DEFINED                     0   200970        0
SUNTRUST BANKS INC             COM              867914103     4255    85320 SH       DEFINED                     0    85320        0
SYCAMORE NETWORKS RESTRICTED ( COM              BLANK BLA     3229    29900 SH       DEFINED                     0    29517      383
SYSCO CORPORATION              COM              871829107    19623   423712 SH       DEFINED                     0   423712        0
TARGET CORP                    COM              87612E106      901    35150 SH       DEFINED                     0    35150        0
TCI COMMUNICATIONS FIN 8.72%   PREFERRED STOCKS 872285200     1306    52500 SH       DEFINED                     0    52500        0
TECO ENERGY INC                COM              872375100      587    20400 SH       DEFINED                     0    20400        0
TELEFONICA DE ESPANA S A ORD   COM              879382208      237     3986 SH       DEFINED                     0     3986        0

PORTVUE-SEC13F.LNP                               WILLIAMS, JONES & ASSOCIATES, INC.                                        PAGE 7
RUN DATE: 10/10/00 11:41 A.M.
                                                     FORM 13F INFORMATION TABLE
                                                        AS OF DATE: 09/30/00
<CAPTION>
                                                            VALUE   SHARES/ SH/ PUT/ INVSTMT    OTHER          VOTING AUTHORITY
  NAME OF ISSUER               TITLE OF CLASS    CUSIP    (x$1000)  PRN AMT PRN CALL DSCRETN   MANAGERS     SOLE    SHARED    NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S>                            <C>              <C>       <C>      <C>      <C> <C>  <C>     <C>          <C>      <C>      <C>
TEXACO INC                     COM              881694103     1226    23352 SH       DEFINED                     0    23352        0
TEXAS INSTRUMENTS INC          COM              882508104     3950    83370 SH       DEFINED                     0    83370        0
TIBCO SOFTWARE INC COM         COM              88632Q103      874    10350 SH       DEFINED                     0    10350        0
TIFFANY & CO NEW COM           COM              886547108     2401    62250 SH       DEFINED                     0    62250        0
TIME WARNER INC                COM              887315109     1413    18044 SH       DEFINED                     0    18044        0
TIME WARNER PREFERRED TRUST SE PREFERRED STOCKS 88731G204      960    38900 SH       DEFINED                     0    38900        0


                                     Page 16
<PAGE>

TRANS MARITIMA MEXICANA S A AD COM              893868208    18599  2204314 SH       DEFINED                     0  2204314        0
TRANSCANADA PIPELINE PFD 8.25% PREFERRED STOCKS 893526723      962    40500 SH       DEFINED                     0    40500        0
TRANSOCEAN SEDCO FOREX INC COM COM              G90078109      299     5095 SH       DEFINED                     0     5095        0
TRAVELERS P&C CAP I TR PFD SE8 PREFERRED STOCKS 893931204      219     9000 SH       DEFINED                     0     9000        0
TXU CAP TRUST II 8.700% 12/31/ PREFERRED STOCKS 90210S204      725    29000 SH       DEFINED                     0    29000        0
TXU CORP                       COM              873168108     6557   165402 SH       DEFINED                     0   165402        0
TXU ELEC CAP I TOPRS 8.25%     PREFERRED STOCKS 87316P209      655    27000 SH       DEFINED                     0    27000        0
T-NET FUND 2 (Triton Network S COM              99A919101     2921     1947 SH       DEFINED                     0     1947        0
T-NET FUND (Triton Network Sys COM              BLANK BLA    10775     3592 SH       DEFINED                     0     3567       25
UBIQUITEL INC COM              COM              903474302      217    24100 SH       DEFINED                     0    24100        0
UNION PAC CORP                 COM              907818108     1476    37910 SH       DEFINED                     0    37910        0
UNITED PARCEL SVC INC CL B     COM              911312106     7302   129530 SH       DEFINED                     0   129530        0
UNITED TECHNOLOGIES CORP       COM              913017109      350     5050 SH       DEFINED                     0     5050        0
UNIVERSAL ELECTRS INC COM      COM              913483103      817    33775 SH       DEFINED                     0    33775        0
UROLOGIX INC COM               COM              917273104       80    10000 SH       DEFINED                     0    10000        0
VAN KAMPEN AMERN CAP INTR TMSH MUTUAL FUNDS     920911104      100    21000 SH       DEFINED                     0    21000        0
VARIAN MED SYS INC COM         COM              92220P105      203     4500 SH       DEFINED                     0     4500        0
VASOGEN INC COM                COM              92232F103      115    13000 SH       DEFINED                     0    13000        0
VERITAS SOFTWARE CO COM        COM              923436109     5725    40317 SH       DEFINED                     0    40317        0
VERIZON COMMUNICATIONS         COM              92343V104    26820   553703 SH       DEFINED                     0   553703        0
VIACOM INC COM NON VTG         COM              925524308     1013    17322 SH       DEFINED                     0    17322        0
VISHAY INTERTECHNOLOGY         COM              928298108      320    10322 SH       DEFINED                     0    10322        0
VODAFONE GROUP PLC             COM              92857W100    13708   370485 SH       DEFINED                     0   370485        0
WABTEC CORPORATION             COM              929740108     8868   881995 SH       DEFINED                     0   881995        0


                                     Page 17
<PAGE>

WAL MART STORES INC            COM              931142103     2197    45650 SH       DEFINED                     0    45650        0
WALKING CO PFD CONV SER C SSR  CONVERTIBLE PREF 932035900       23    22500 SH       DEFINED                     0    22500        0
WASHINGTON FED INC COM         COM              938824109      220     9660 SH       DEFINED                     0     9660        0
WELLS FARGO NEW                COM              949746101      239     5200 SH       DEFINED                     0     5200        0
WJA ACORN FUND (Tsunami Optics COM              BLANK BLA      400      400 SH       DEFINED                     0      400        0
WJ&A HEDGE FUND 1-Tr 1 (Chilto COM              924997109    10487     2669 SH       DEFINED                     0     2669        0
WJ&A HEDGE FUND 1-Tr 2 Q(PRB A COM              0             2753     2168 SH       DEFINED                     0     2168        0
WJ&A HEDGE FUND 1-Tr 3 (Ailsa  COM              0     0       1697     1800 SH       DEFINED                     0     1775       25
WJ&A HEDGE FUND 1-Tr 4 (Kestre COM              99A762105     2371     2371 SH       DEFINED                     0     2371        0
WJ&A HEDGE FUND 1-Tr 5 (Pequot COM              99A604109     2000     2000 SH       DEFINED                     0     1975       25
WJ&A HEDGE FUND 1-Tr 6 (Watson COM              0             1560     1000 SH       DEFINED                     0     1000        0
WJ&A HEDGE FUND 1-Tr 8 (Digita COM              99A688102     1750     1000 SH       DEFINED                     0     1000        0
WJ&A HEDGE FUND 2 Tr 2 (A) (Pe COM              0              325      325 SH       DEFINED                     0      325        0
WJ&A HEDGE FUND 2-Tr 1 (A) (Gr COM                             395      113 SH       DEFINED                     0      113        0
WJ&A HEDGE FUND 2-Tr 1 (Q) (Gr COM              997718101     9350     2679 SH       DEFINED                     0     2679        0
WJ&A HEDGE FUND 2-Tr 2 (Q) (Pe COM              99A999103     2675     2675 SH       DEFINED                     0     2675        0
WJ&A HEDGE FUND 3-Tr 1 (A) (Ne COM              0              406      120 SH       DEFINED                     0      120        0
WJ&A HEDGE FUND 3-Tr 1 (Q) (Ne COM              924998107     7738     2433 SH       DEFINED                     0     2433        0
WJ&A HEDGE FUND 3-Tr 2 (Pequot COM              99A711102     7693     4317 SH       DEFINED                     0     4317        0
WJ&A HEDGE FUND 4-Tr 1 (TM Uti COM              BLANK BLA     7018     2807 SH       DEFINED                     0     2807        0
WJ&A HEDGE FUND 4-Tr 2 (Teleco COM              99A941105     2975     2975 SH       DEFINED                     0     2950       25

PORTVUE-SEC13F.LNP                               WILLIAMS, JONES & ASSOCIATES, INC.                                        PAGE 8
RUN DATE: 10/10/00 11:41 A.M.


                                     Page 18
<PAGE>

                                                     FORM 13F INFORMATION TABLE
                                                        AS OF DATE: 09/30/00
<CAPTION>
                                                            VALUE   SHARES/ SH/ PUT/ INVSTMT    OTHER          VOTING AUTHORITY
  NAME OF ISSUER               TITLE OF CLASS    CUSIP    (x$1000)  PRN AMT PRN CALL DSCRETN   MANAGERS     SOLE    SHARED    NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S>                            <C>              <C>       <C>      <C>      <C> <C>  <C>     <C>          <C>      <C>      <C>
WJ&A HEDGE FUND 5 (Megunticook COM              99B019109     4540     4540 SH       DEFINED                     0     4540        0
WJ&A HEDGE FUND 5-Tr 2 (Q) (Bu COM              99B049106      895      895 SH       DEFINED                     0      895        0
WJ&A HEDGE FUND 5-Tr 3 (A) (Di COM              BLANK BLA     1670     1670 SH       DEFINED                     0     1645       25
WJ&A HEDGE FUND 5-Tr 3 (Q) (Di COM              998100107     5020     5020 SH       DEFINED                     0     5020        0
WJ&A HEDGE FUND 5-Tr 4 (A) (Ba COM              0              765      765 SH       DEFINED                     0      740       25
WJ&A HEDGE FUND 5-Tr 4 (Q) (Ba COM              99B047100     2235     2235 SH       DEFINED                     0     2235        0
WJ&A HEDGE FUND 5-Tr 5 (Q) (Nt COM              BLANK BLA      800      800 SH       DEFINED                     0      800        0
WJ&A HEDGE FUND 6 (Q) (Infrast COM              99B124107      855      855 SH       DEFINED                     0      855        0
WJ&A HEDGE FUND 6-Tr 2 (A) (Ca COM              BLANK         1478     1126 SH       DEFINED                     0     1107       20
WJ&A HEDGE FUND 6-Tr 2 (Q) (Ca COM              BLANK         4321     3293 SH       DEFINED                     0     3293        0
WORLDCOM INC GA NEW COM        COM              98157D106     3132   103097 SH       DEFINED                     0   103097        0
XCOM FUND (Xycom Automation)   COM              984990101     2975     2975 SH       DEFINED                     0     2950       25
XILINX INC COM                 COM              983919101     1259    14708 SH       DEFINED                     0    14708        0
XL CAPITAL LTD CL A            COM              G98255105     1191    16100 SH       DEFINED                     0    16100        0
</TABLE>

     LINE COUNT: 371


                                     Page 19


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