UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FROM 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: Compass Capital Management, Inc.
Address: 706 Second Avenue South
Suite 400
Minneapolis, MN 55402
13F File Number: 801-32238
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: David M. Carlson
Title: Principal/Founder
Phone: (612) 338-4051
Signature, Place, and Date of Signing:
David M. Carlson Minneapolis, Minnesota March 31, 1999
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 AND EXCHANGE ACT OF
1934.
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Firm 13F Information Table Entry Total: 54
Form 13F Information Table Value Total:
List of Other Included Managers:
NONE
<PAGE>
<TABLE>
<CAPTION>
FORM 13F INFORM
ATION TABLE
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>
ADC Telecomm. Inc COM 000886101 339 7100 SH SOLE 7100
AT&T Corp COM 001957109 761 9531 SH SOLE 9531
Albertson's Inc COM 013104104 7116 130725 SH SOLE 130725
American Home Products COM 026609107 207 3172 SH SOLE 3172
American Int.'l Group COM 026874107 240 1989 SH SOLE 1989
Autozone Inc COM 053332102 7673 252615 SH SOLE 252615
BP Amoco PLC COM 055622104 379 3751 SH SOLE 3751
Banc One Corp COM 059438101 8079 146718 SH SOLE 146718
Bemis Co COM 081437105 7201 231835 SH SOLE 231835
Biomet Inc COM 090613100 8047 191880 SH SOLE 191880
Bristol-Myers Squibb COM 110122108 8064 125750 SH SOLE 125750
Chevron Corp COM 166751107 214 2409 SH SOLE 2409
Coca-Cola Co COM 191216100 456 7435 SH SOLE 7435
Computer Assoc. Int'l COM 204912109 7827 220095 SH SOLE 220095
Conagra Inc COM 205887102 12663 494180 SH SOLE 494180
Dayton Hudson Corp COM 239753106 205 3080 SH SOLE 3080
Electronic Data Systems Corp COM 285661104 7812 160450 SH SOLE 160450
Exxon Corp COM 302290101 1093 15496 SH SOLE 15496
Fannie Mae COM 313586109 215 3100 SH SOLE 3100
Federal Signal Corp COM 313855108 7462 357480 SH SOLE 357480
General Electric Corp COM 369604103 897 8106 SH SOLE 8106
Genuine Parts Corp COM 372460105 6817 236614 SH SOLE 236614
Hewlett-Packard Corp COM 428236103 7135 105220 SH SOLE 105220
Home Depot Inc COM 437076102 8333 133861 SH SOLE 133861
Illinois Tool Works COM 452308109 7169 115863 SH SOLE 115863
Intel Corp COM 458140100 285 2400 SH SOLE 2400
International Business Machine COM 459200101 508 2864 SH SOLE 2864
Johnson & Johnson COM 478160104 243 2595 SH SOLE 2595
Lucent Technologies Inc COM 549463107 746 6909 SH SOLE 6909
McDonald's Corp COM 580135101 280 6190 SH SOLE 6190
Medtronic Inc COM 585055106 7832 108970 SH SOLE 108970
Merck & Co., Inc COM 589331107 7860 98100 SH SOLE 98100
Microsoft Corp COM 594918104 287 3200 SH SOLE 3200
Newell Rubbermaid Inc COM 651229106 7708 162275 SH SOLE 162275
Pall Corp COM 696429307 7219 435858 SH SOLE 435858
Pfizer Inc COM 717081103 617 4446 SH SOLE 4446
Reuters Holdings PLC (ADR) COM 76132M102 7577 87218 SH SOLE 87218
Sherwin-Williams Co COM 824348106 437 15535 SH SOLE 15535
Sigma-Aldrich Corp COM 826552101 7448 254630 SH SOLE 254630
State Street Corp COM 857477103 7670 93250 SH SOLE 93250
Sysco Corp COM 871829107 7326 278415 SH SOLE 278415
Thermo Electron Corp COM 883556102 5924 436805 SH SOLE 436805
Valspar Corp COM 920355104 1669 52879 SH SOLE 52879
W.W.Grainger Inc COM 384802104 8051 186970 SH SOLE 186970
Wal-Mart Co COM 931142103 7931 86034 SH SOLE 86034
Columbia Special EQ MF 198513103 1556 71284.210SH SOLE 71284.210
Dreyfus Appreciation EQ MF 261970107 2479 57139.405SH SOLE 57139.405
Harbor Capital Appreciation EQ MF 411511504 2699 63391.003SH SOLE 63391.003
Mutual Beacon EQ MF 628380305 2037 147478.515SH SOLE 147478.515
Royce Premier EQ MF 780905600 1486 183955.958SH SOLE 183955.958
Strong Schafer Value EQ MF 862918109 1877 36268.573SH SOLE 36268.573
Vanguard Index 500 EQ MF 922908108 3552 29874.437SH SOLE 29874.437
Vanguard International Growth EQ MF 921910204 561 30224.780SH SOLE 30224.780
Vanguard International Value EQ MF 921939203 593 23272.734SH SOLE 23272.734
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