UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Quarter Ended June 30, 1999
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check Only one.): [ ] is a restatement.
[ ] adds new holding entries.
Institutional Investment Manager Filing this report:
Name: Farrell-SL Investment Management, Inc.
Address: 780 Third Avenue-38th Floor
New York, NY 10017
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: Takeaki Nagashima
Title: President
Phone: (212) 319-3944
Signature, Place, and Date of Signing:
Takeaki Nagashima New York, NY July 5, 1999
Report Type (Check only one.):
[ x ] 13F HOLDING 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: NONE
Form 13F Information Table Entry Total: 144
Form 13F Information Table Value Total: $682,872
Farrell-SL Investment Management
FORM 13 (F)
"June 30, 1999"
Voting Security Class Cusip Mkt Value Qty Disc Mngr Auth
- ---------------- ------ --------- ---------- ------ ---- --- ----
ADOBE SYSTEMS I Common 00724F101 5759153.13 70100 sole N/A sole
AETNA INC. Common 008117103 4896703.13 54750 sole N/A sole
ALLIEDSIGNAL IN Common 019512102 5666850.00 89950 sole N/A sole
ALTERA CORPORAT Common 021441100 5354378.13 145450 sole N/A sole
AMERICAN MGMT S Common 027352103 3943687.50 123000 sole N/A sole
AMES DEPT STORE Common 030789507 4649187.50 101900 sole N/A sole
ANNTAYLOR STORE Common 036115103 3420000.00 76000 sole N/A sole
ATLANTIC RICHFI Common 048825103 5867758.75 70220 sole N/A sole
AVIS Common 053790101 3596937.50 123500 sole N/A sole
AVON PRODS INC Common 054303102 6415800.00 115600 sole N/A sole
BANK ONE CORP C Common 06423A103 5604831.25 94100 sole N/A sole
BARRICK GOLD Common 067901108 7095125.00 366200 sole N/A sole
BELL & HOWELL N Common 077852101 4454312.50 117800 sole N/A sole
BIOGEN INC COM Common 090597105 6442826.25 100180 sole N/A sole
BLOCK H & R INC Common 093671100 2210000.00 44200 sole N/A sole
BMC SOFTWARE IN Common 055921100 6409800.00 118700 sole N/A sole
BOEING CO COM Common 097023105 5231600.00 118900 sole N/A sole
BORG-WARNER AUT Common 099724106 4422000.00 80400 sole N/A sole
BOSTON SCIENTIF Common 101137107 5834900.00 132800 sole N/A sole
BURLINGTON RES Common 122014103 5700350.00 131800 sole N/A sole
CANANDAIGUA BRA Common 137219200 4373287.50 83400 sole N/A sole
C-CUBE MICROSYS Common 125015103 3225787.50 101800 sole N/A sole
CDW COMPUTER CT Common 125129106 3788400.00 86100 sole N/A sole
CENTEX CORP Common 152312104 4582625.00 122000 sole N/A sole
CIRCUIT CITY ST Common 172737108 7041960.00 75720 sole N/A sole
CITIGROUP INC. Common 172967101 3256125.00 68550 sole N/A sole
CNF TRANSPORTAT Common 12612W104 3645950.00 94700 sole N/A sole
COASTAL CORP CO Common 190441105 3320625.00 82500 sole N/A sole
COLUMBIA HCA HE Common 197677107 5046125.00 221200 sole N/A sole
COMAIR HOLDINGS Common 199789108 3690056.25 177300 sole N/A sole
COMPUTER ASSOC Common 204912109 6882075.00 125700 sole N/A sole
COMPUWARE CORP Common 205638109 6556556.25 206100 sole N/A sole
COMVERSE TECHNO Common 205862402 5473750.00 72500 sole N/A sole
COOPER INDS INC Common 216669101 5075720.00 97610 sole N/A sole
CORDANT TECHNOL Common 218412104 3822862.50 84600 sole N/A sole
COUNTRYWIDE CR Common 222372104 3697875.00 86500 sole N/A sole
CROMPTON & KNOW Common 227111101 4190950.00 212200 sole N/A sole
CSG SYS INTL IN Common 126349109 83800.00 3200 sole N/A sole
CYTEC INDUSTRIE Common 232820100 2605050.00 82700 sole N/A sole
D R HORTON INC Common 23331A109 3674125.00 221000 sole N/A sole
DAL-TILE INTL Common 23426R108 3564925.00 313400 sole N/A sole
DANA CORP COM Common 235811106 4325268.75 93900 sole N/A sole
DAYTON HUDSON Common 239753106 5570500.00 85700 sole N/A sole
DELPHI AUTOMOTI Common 247126105 4910073.81 265409 sole N/A sole
DELTA AIR LINES Common 247361108 5221401.25 90610 sole N/A sole
DIME BANCORP IN Common 25429Q102 3607527.00 179256 sole N/A sole
DOLLAR TREE STO Common 256747106 4127200.00 93800 sole N/A sole
DYCOM INDS INC Common 267475101 4754400.00 84900 sole N/A sole
EDISON INTL Common 281020107 5069125.00 189500 sole N/A sole
ELECTRONIC ARTS Common 285512109 3868025.00 71300 sole N/A sole
F M C CORP Common 302491302 4290025.00 62800 sole N/A sole
FAMILY DLR STOR Common 307000109 2992800.00 124700 sole N/A sole
FANNIE MAE Common 313586109 5275725.00 77300 sole N/A sole
FEDERATED DEPT Common 31410H101 5509735.00 104080 sole N/A sole
FINOVA GROUP IN Common 317928109 3715325.00 70600 sole N/A sole
FOODMAKER INC Common 344839204 4381100.00 154400 sole N/A sole
FORD MTR CO DEL Common 345370100 5096306.25 90300 sole N/A sole
FORT JAMES CORP Common 347471104 5993718.75 158250 sole N/A sole
FREDDIE MAC/FED Common 313400301 6797600.00 117200 sole N/A sole
FURNITURE BRAND Common 360921100 4945025.00 177400 sole N/A sole
GAP INC DEL COM Common 364760108 6294356.25 124950 sole N/A sole
GATEWAY INC COM Common 367626108 4976015.63 84250 sole N/A sole
GEORGIA PACIFIC Common 373298108 5896292.50 124460 sole N/A sole
GOODRICH B F CO Common 382388106 4675000.00 110000 sole N/A sole
GRACE W R & CO Common 38388F108 4694900.00 247100 sole N/A sole
GRANITE CONSTRU Common 387328107 2104637.50 71800 sole N/A sole
HASBRO INC Common 418056107 5221518.75 186900 sole N/A sole
HEWLETT PACKARD Common 428236103 5944575.00 59150 sole N/A sole
HORMEL FOODS CO Common 440452100 4012925.00 99700 sole N/A sole
HOUSEHOLD INTL Common 441815107 2856712.50 60300 sole N/A sole
INGERSOLL-RAND Common 456866102 5806556.25 89850 sole N/A sole
INTEL CORP COM Common 458140100 5771500.00 97000 sole N/A sole
INTERNATIONAL B Common 459200101 7016982.50 54290 sole N/A sole
INTERVOICE INC. Common 461142101 5162850.00 357600 sole N/A sole
INTIMATE BRANDS Common 461156101 4198372.50 88620 sole N/A sole
JOHNSON CTLS IN Common 478366107 6262384.38 90350 sole N/A sole
JONES APPAREL G Common 480074103 4059168.75 118300 sole N/A sole
KAUFMAN & BROAD Common 486168107 4233725.00 170200 sole N/A sole
KIMBERLY CLARK Common 494368103 5867010.00 102930 sole N/A sole
KMART CORP Common 482584109 4687650.00 284100 sole N/A sole
LATTICE SEMI Common 518415103 5172975.00 83100 sole N/A sole
LEAR CORP Common 521865105 5559065.00 111740 sole N/A sole
LENNAR CORP Common 526057104 3400800.00 141700 sole N/A sole
LEXMARK INTL GR Common 529771107 7047800.00 107600 sole N/A sole
MAC DERMID Common 554273102 4650000.00 100000 sole N/A sole
MANITOWOC CO IN Common 563571108 5734884.38 137775 sole N/A sole
MAYTAG CORP COM Common 578592107 5770003.13 82650 sole N/A sole
MBNA CORP COM Common 55262L100 5869281.25 191650 sole N/A sole
MC CORMICK Common 579780206 4096812.50 129800 sole N/A sole
MCDERMOTT INTL Common 580037109 3158350.00 111800 sole N/A sole
MERCURY INTERAC Common 589405109 4245000.00 120000 sole N/A sole
MICROCHIP TECHN Common 595017104 3628925.00 76600 sole N/A sole
MICROSOFT CORP Common 594918104 6001076.25 66540 sole N/A sole
MODIS PROF SERV Common 607830106 4863512.50 358600 sole N/A sole
MOHAWK INDS INC Common 608190104 4340587.50 142900 sole N/A sole
MORGAN ST DEAN Common 617446448 5071727.50 49420 sole N/A sole
MOTIVE POWER IN Common 61980K101 3521475.00 190350 sole N/A sole
NACCO INDUSTRIE Common 629579103 2888550.00 39300 sole N/A sole
NAVISTAR INTL C Common 63934E108 5580000.00 111600 sole N/A sole
ORACLE CORP Common 68389X105 6658368.75 179350 sole N/A sole
OUTBACK STEAKHO Common 689899102 4709637.50 119800 sole N/A sole
PACCAR INC Common 693718108 4286012.50 80300 sole N/A sole
PENTAIR INC Common 709631105 3902475.00 85300 sole N/A sole
PREMARK INTL IN Common 740459102 4533750.00 120900 sole N/A sole
PROVIDIAN CORP Common 74406A102 6308362.50 67650 sole N/A sole
QUALCOMM INC Common 747525103 8317260.00 57960 sole N/A sole
RAYTHEON CO CLA Common 755111408 5358000.00 76000 sole N/A sole
REXALL SUNDOWN Common 761648104 2627625.00 215600 sole N/A sole
REYNOLDS & REYN Common 761695105 4354775.00 186800 sole N/A sole
ROCKWELL INTL C Common 773903109 5267025.00 86700 sole N/A sole
ROSS STORES INC Common 778296103 4286912.50 85100 sole N/A sole
SANMINA CORP Common 800907107 4006200.00 52800 sole N/A sole
SEAGATE TECHNOL Common 811804103 4512562.50 176100 sole N/A sole
SEARS ROEBUCK & Common 812387108 4554287.50 102200 sole N/A sole
SOUTHDOWN INC Common 841297104 4272625.00 66500 sole N/A sole
STERLING SOFTWA Common 859547101 4282875.00 162000 sole N/A sole
STRUCTURAL DYNA Common 863555108 3081375.00 166000 sole N/A sole
SYNOPSIS INC CO Common 871607107 4392925.00 79600 sole N/A sole
TECUMSEH PRODS Common 878895200 3318825.00 54800 sole N/A sole
TEREX CORP NEW Common 880779103 4422568.75 145300 sole N/A sole
TEXTRON INC Common 883203101 6049968.75 73500 sole N/A sole
THQ INC Common 872443403 3481625.00 121100 sole N/A sole
TJX COMPANIES I Common 872540109 5298353.13 159050 sole N/A sole
TRANS WORLD ENT Common 89336Q100 3070125.00 272900 sole N/A sole
TRINITY INDUSTR Common 896522109 3132250.00 93500 sole N/A sole
TYCO INTL LTD. Common 902124106 5433912.50 57350 sole N/A sole
UNISYS CORP COM Common 909214108 6658312.50 171000 sole N/A sole
UNITED HEALTHCA Common 910581107 6375225.00 101800 sole N/A sole
UNITED TECHNOLO Common 913017109 7029360.00 97630 sole N/A sole
UNIVERSAL HEALT Common 913903100 3471425.00 72700 sole N/A sole
US ONCOLOGY Common 90338W103 5279640.00 439970 sole N/A sole
USX-MARATHON GR Common 902905827 5770075.00 177200 sole N/A sole
VALASSIS COMMUN Common 918866104 4746600.00 129600 sole N/A sole
VIACOM CLASS B Common 925524308 5957600.00 135400 sole N/A sole
WARNACO GROUP I Common 934390105 3731625.00 139500 sole N/A sole
WASHINGTON MUT Common 939322103 111097.25 3124 sole N/A sole
WASTE MANAGEMEN Common 94106L109 5944750.00 110600 sole N/A sole
WELLPOINT Common 94973H108 5219812.50 61500 sole N/A sole
WELLS FARGO & C Common 949746101 5637442.50 131870 sole N/A sole
WESTPOINT STEVE Common 961238102 3672900.00 123200 sole N/A sole
WILLAMETTE INDS Common 969133107 4548671.88 98750 sole N/A sole
XILINX INC Common 983919101 6463525.00 112900 sole N/A sole
XIRCOM INC Common 983922105 3520318.75 117100 sole N/A sole
ZALE Common 988858106 3444000.00 86100 sole N/A sole
