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

                                   FORM 13F

                              FORM 13F COVER PAGE


Report for the Calendar Year or Quarter Ended:   June 30, 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:              Amerindo Investment Advisors Inc.
Address:           One Embarcadero Center, Suite 2300
                   San Francisco, California 94111

Form 13F File Number:     28-2623

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:         Joaquin Garcia-Larrieu
Title:        Chief Financial Officer
Phone:        415-362-0292

Signature, Place, and Date of Signing:

/s/ Joaquin Garcia-Larrieu     San Francisco, California     August 13, 1999


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).)





                             FORM 13F SUMMARY PAGE


Report Summary:


Number of Other Included Managers:               1

Form 13F Information Table Entry Total:          143

Form 13F Information Table Value Total:          $3,100,755 (in thousands)


CONFIDENTIAL INFORMATION HAS BEEN OMITTED FROM THE PUBLIC FORM 13F AND
FILED SEPARATELY WITH THE COMMISSION.


List of Other Included Managers:

Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.

       No.        13F File Number        Name

       01         To Be Determined       Amerindo Investment Advisors, Inc.








                                                    FORM 13F INFORMATION TABLE
                                                       VALUE    SHARES/ SH/  PUT/  INVSTMT  OTHR     VOTING AUTHORITY
NAME OF ISSUER                TTL OF CLASS  CUSIP    (X$1000)  PRN  AMT PRN  CALL  DSCRETN  MGRS  SOLE    SHARED   NONE