GLOBALT INC/
13F-HR, 1999-07-02
Previous: HIGHLANDS INSURANCE GROUP INC, S-8, 1999-07-02
Next: LAMBERT BENJAMIN J III, 4, 1999-07-02


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

                        FORM 13F

                  FORM 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:         GLOBALT, Inc.
Address:      3060 Peachtree Road NW
              Suite 225
              Atlanta, GA  30305

13F File Number:  28-5144

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:     Michelle M. Miljanich
Title:    Principal
Phone:    404-364-2178
Signature, Place, and Date of Signing:

    Michelle Miljanich      Atlanta, Georgia          May 6, 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 EXCHANGE
ACT OF 1934.
<PAGE>

                       FORM 13F SUMMARY PAGE

Report Summary:

Number of Other Included Managers:            1

Form 13F Information Table Entry Total:       138

Form 13F Information Table Value Total:       $1,623,907



List of Other Included Managers:

1 = Progress Investment Management Co.


<PAGE>


<TABLE>
                                                                  FORM 13F
INFORMATION 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>
3 Com Corp                     Common           885535104     2320    99525 SH
     SOLE                    27150             72375
AFLAC Inc                      Common           001055102     3334    61250 SH
     SOLE                    30500             30750
AMSOUTH Bancorporation         Common           032165102     1124    24697 SH
     SOLE                                      24697
Abbott Laboratories            Common           002824100      385     8230 SH
     SOLE                      300              7930
Allied-Signal Inc              Common           019512102    20361   413950 SH
     SOLE                   288200            125750
                                                              1805    36700 SH
     DEFINED 01                                36700
American Express               Common           025816109    52743   447922 SH
     SOLE                   292600            155322
                                                              4157    35300 SH
     DEFINED 01                                35300
American Intl Group            Common           026874107    51903   430286 SH
     SOLE                   299198            131088
                                                              4302    35662 SH
     DEFINED 01                                35662
Bank of America Corp           Common           060505104    34674   490962 SH
     SOLE                   335700            155262
                                                              2811    39800 SH
     DEFINED 01                                39800
Baxter Intl                    Common           071813109    49033   742925 SH
     SOLE                   514200            228725
                                                              3894    59000 SH
     DEFINED 01                                59000
Bellsouth Corp                 Common           079860102      388     9682 SH
     SOLE                                       9682
Black & Decker Corp            Common           091797100     1972    35575 SH
     SOLE                    29900              5675
Bristol Myers Squibb           Common           110122108    37771   589014 SH
     SOLE                   405900            183114
                                                              3059    47700 SH
     DEFINED 01                                47700
Cadence Design Sys             Common           127387108     1048    40700 SH
     SOLE                                      40700
Callaway Golf                  Common           131193104     1241   121800 SH
     SOLE                    94600             27200
Cisco Systems Inc              Common           17275R102    41552   379258 SH
     SOLE                   183448            195810
                                                              2457    22425 SH
     DEFINED 01                                22425
Citigroup Inc                  Common           172967101    36527   571849 SH
     SOLE                   403100            168749
                                                              3149    49300 SH
     DEFINED 01                                49300
Coca-Cola Co                   Common           191216100    57880   943050 SH
     SOLE                   425850            517200
                                                              3099    50500 SH
     DEFINED 01                                50500
Coca-Cola Enterprises          Common           191219104    29560   977200 SH
     SOLE                   715000            262200
                                                              2447    80900 SH
     DEFINED 01                                80900
Cognex Corp                    Common           192422103     1983    83700 SH
     SOLE                    61700             22000
Colgate-Palmolive Co           Common           194162103      948    10300 SH
     SOLE                                      10300
Comdisco Inc                   Common           200336105      363    20300 SH
     SOLE                                      20300
Computer Assoc Intl            Common           204912109     1440    40498 SH
     SOLE                                      40498
Computer Sciences              Common           205363104    31993   579718 SH
     SOLE                   391860            187858
                                                              2345    42500 SH
     DEFINED 01                                42500
Compuware Corp                 Common           205638109    29598  1239700 SH
     SOLE                   867700            372000
                                                              2294    96100 SH
     DEFINED 01                                96100
Diebold Inc                    Common           253651103     1510    62900 SH
     SOLE                    45300             17600
Disney Walt Co                 Common           254687106    18133   582602 SH
     SOLE                   381800            200802
                                                              1404    45100 SH
     DEFINED 01                                45100
Donaldson Lufkin & Jenrette    Common           257661108     3100    44450 SH
     SOLE                    34700              9750
EMC Corporation                Common           268648102      669     5240 SH
     SOLE                                       5240
Electronics for Imaging        Common           286082102     1529    39200 SH
     SOLE                    32500              6700
Emerson Electric Co            Common           291011104    15366   290275 SH
     SOLE                   202000             88275
                                                              1286    24300 SH
     DEFINED 01                                24300
Enron Oil & Gas                Common           293562104      314    18900 SH
     SOLE                                      18900
Estee Lauder                   Common           518439104     1191    12600 SH
     SOLE                    10500              2100
Everest Reinsurance Hldgs      Common           299808105     1182    37900 SH
     SOLE                    31000              6900
Exxon Mobile Corp              Common           302290101     2619    37112 SH
     SOLE                                      37112
Fannie Mae                     Common           313586109     6862    99097 SH
     SOLE                                      99097
Forest Labs Inc "A"            Common           345838106     2565    45500 SH
     SOLE                    31000             14500
Franklin Resources             Common           354613101    20621   733195 SH
     SOLE                   502200            230995
                                                              1491    53000 SH
     DEFINED 01                                53000
GTE Corp                       Common           362320103    46283   765000 SH
     SOLE                   540000            225000
                                                              4060    67100 SH
     DEFINED 01                                67100
General Electric Co            Common           369604103    61344   554520 SH
     SOLE                   395050            159470
                                                              5365    48500 SH
     DEFINED 01                                48500
Gillette Co                    Common           375766102    47377   797081 SH
     SOLE                   556950            240131
                                                              3905    65700 SH
     DEFINED 01                                65700
Guidant Corp                   Common           401698105     7061   116716 SH
     SOLE                    23500             93216
Halliburton Co                 Common           406216101    39344  1021925 SH
     SOLE                   732950            288975
                                                              3461    89900 SH
     DEFINED 01                                89900
Harley Davidson Inc            Common           412822108      217     3780 SH
     SOLE                                       3780
Heinz H J Co                   Common           423074103    20686   436650 SH
     SOLE                   321900            114750
                                                              1957    41300 SH
     DEFINED 01                                41300
Hewlett Packard Co             Common           428236103      948    13975 SH
     SOLE                                      13975
Home Depot Inc                 Common           437076102     1306    20973 SH
     SOLE                                      20973
Household Intl                 Common           441815107     1843    40390 SH
     SOLE                    29800             10590
Infinity Broadcasting Corp     Common           45662S102      239     9300 SH
     SOLE                     3000              6300
Ingersoll Rand Co              Common           456866102     2059    41500 SH
     SOLE                    32700              8800
Intel Corp                     Common           458140100     3202    26935 SH
     SOLE                     1900             25035
Interpublic Group              Common           460690100     3972    51000 SH
     SOLE                    20625             30375
Intl Business Machines         Common           459200101    38312   216146 SH
     SOLE                   139350             76796
                                                              2907    16400 SH
     DEFINED 01                                16400
Johnson & Johnson              Common           478160104    48175   515244 SH
     SOLE                   354142            161102
                                                              4056    43384 SH
     DEFINED 01                                43384
Johnson Controls               Common           478366107     1185    19000 SH
     SOLE                    15800              3200
LSI Logic                      Common           502161102     2905    93150 SH
     SOLE                    60800             32350
Lilly Eli & Co                 Common           532457108     5777    68069 SH
     SOLE                    15300             52769
Lucent Technologies            Common           549463107    15481   143347 SH
     SOLE                    90662             52685
                                                              1123    10400 SH
     DEFINED 01                                10400
MGIC Investment Corp           Common           552848103      785    22400 SH
     SOLE                                      22400
Marsh & McLennan               Common           571748102    36141   486750 SH
     SOLE                   338675            148075
                                                              3029    40800 SH
     DEFINED 01                                40800
Masco Corp                     Common           574599106     2260    80000 SH
     SOLE                    56000             24000
Mattel Inc                     Common           577081102    18046   723650 SH
     SOLE                   514950            208700
                                                              1401    56200 SH
     DEFINED 01                                56200
McKesson HBOC Inc              Common           581557105     1098    16642 SH
     SOLE                                      16642
Medtronic Inc                  Common           585055106    34907   485668 SH
     SOLE                   333050            152618
                                                              2933    40800 SH
     DEFINED 01                                40800
Merck & Co                     Common           589331107     5183    64692 SH
     SOLE                     9650             55042
Micron Technology Inc          Common           595112103    17468   362500 SH
     SOLE                   260450            102050
                                                              1614    33500 SH
     DEFINED 01                                33500
Microsoft Corp                 Common           594918104    41138   459000 SH
     SOLE                   317600            141400
                                                              3460    38600 SH
     DEFINED 01                                38600
Mobil Corp                     Common           607059102     1879    21350 SH
     SOLE                     6550             14800
Molex Inc                      Common           608554101     3809   129662 SH
     SOLE                    69800             59862
Molex Inc Cl-A                 Common           608554200      452    17483 SH
     SOLE                    14800              2683
Monsanto Co                    Common           611662107    33377   726585 SH
     SOLE                   486900            239685
                                                              2563    55800 SH
     DEFINED 01                                55800
Office Depot Inc               Common           676220106     2510    67050 SH
     SOLE                    54600             12450
Omnicom Group                  Common           681919106    47219   590700 SH
     SOLE                   431700            159000
                                                              4165    52100 SH
     DEFINED 01                                52100
Oracle Corp                    Common           68389X105    18194   689805 SH
     SOLE                   415150            274655
                                                              1200    45500 SH
     DEFINED 01                                45500
Pepsico Inc                    Common           713448108     1088    27775 SH
     SOLE                     3650             24125
Perkin Elmer Corp              Common           714041100     2744    28275 SH
     SOLE                    20350              7925
Pfizer Inc                     Common           717081103    30059   216640 SH
     SOLE                   125450             91190
                                                              2151    15500 SH
     DEFINED 01                                15500
Pioneer Hi Bred Intl           Common           723686101     1129    30000 SH
     SOLE                                      30000
Praxair Inc                    Common           74005P104     1248    34600 SH
     SOLE                    28800              5800
Prime Medical Svcs Inc New     Common           74156D108      310    42000 SH
     SOLE                                      42000
Procter & Gamble Co            Common           742718109    47018   480080 SH
     SOLE                   330800            149280
                                                              3927    40100 SH
     DEFINED 01                                40100
Ralph Lauren                   Common           731572103     1872    94200 SH
     SOLE                    75600             18600
Seagate Technology             Common           811804103     1539    52050 SH
     SOLE                    16050             36000
State Street Corp              Common           857477103     3928    47760 SH
     SOLE                    21500             26260
Sun Microsystems               Common           866810104    41611   332725 SH
     SOLE                   174350            158375
                                                              2501    20000 SH
     DEFINED 01                                20000
Tandy Corp                     Common           875382103      247     3870 SH
     SOLE                                       3870
Tellabs Inc                    Common           879664100      652     6675 SH
     SOLE                     5300              1375
Teradyne Inc                   Common           880770102     1086    19900 SH
     SOLE                    16400              3500
Texaco Inc                     Common           881694103    36939   650910 SH
     SOLE                   471700            179210
                                                              3246    57200 SH
     DEFINED 01                                57200
Time Warner                    Common           887315109    55689   786430 SH
     SOLE                   528100            258330
                                                              4546    64200 SH
     DEFINED 01                                64200
Toys R Us                      Common           892335100      582    30933 SH
     SOLE                                      30933
Transocean Offshore            Common           893817106     4617   160250 SH
     SOLE                    98700             61550
U S Filter                     Common           911843209     3133   102300 SH
     SOLE                    74800             27500
V F Corp                       Common           918204108     1525    32100 SH
     SOLE                    26500              5600
Varco Intl                     Common           922126107     1842   165600 SH
     SOLE                   136900             28700
Veritas Software               Common           923436109     6976    86385 SH
     SOLE                    43700             42685
Viacom Inc Cl B                Common           925524308    22021   262350 SH
     SOLE                   184000             78350
                                                              1889    22500 SH
     DEFINED 01                                22500
Vulcan Materials               Common           929160109      248     6000 SH
     SOLE                                       6000
Warner-Lambert Co              Common           934488107    34615   522485 SH
     SOLE                   380300            142185
                                                              2928    44200 SH
     DEFINED 01                                44200
Xerox Corp                     Common           984121103    32259   618874 SH
     SOLE                   414150            204724
                                                              2554    49000 SH
     DEFINED 01                                49000
</TABLE>


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission