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: Colony Capital Management, Inc.
Address: 3060 Peachtree Road NW
Suite 1550
Atlanta, GA 30305
13F File Number: 801-24747
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: T. Marion Slaton
Title: Principal
Phone: 404-365-5050
Signature, Place, and Date of Signing:
T. Marion Slaton Atlanta, Georgia August 9, 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: 0
Form 13F Information Table Entry Total: 92
Form 13F Information Table Value Total: $330,938
List of Other Included Managers:
<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>
A T & T Corp COM 001957109 7425 133040 SH
SOLE 133040
Abbott Laboratories COM 002824100 5042 111113 SH
SOLE 111113
American International Group COM 026874107 1532 13063 SH
SOLE 13063
Ameritech Corp COM 030954101 7719 105025 SH
SOLE 105025
Amgen Inc COM 031162100 2852 46845 SH
SOLE 46845
Apple Computer Inc COM 037833100 5247 113300 SH
SOLE 113300
Avery-Dennison Corp COM 053611109 6022 99750 SH
SOLE 99750
BP Amoco PLC COM 055622104 1077 9925 SH
SOLE 9925
Bankamerica Corp COM 06605F102 1485 20257 SH
SOLE 20257
BellSouth Corp COM 079860102 7221 156555 SH
SOLE 156555
Bristol Myers Squibb Co COM 110122108 6689 94960 SH
SOLE 94960
CenturyTel Inc COM 156686107 5223 131400 SH
SOLE 131400
Chase Manhattan Corp COM 16161A108 5429 62764 SH
SOLE 62764
Chevron Corp COM 166751107 228 2400 SH
SOLE 2400
Cisco Systems Inc COM 17275R102 8105 125786 SH
SOLE 125786
Citigroup Inc COM 172967101 565 11895 SH
SOLE 11895
Citrix Systems, Inc COM 177376100 486 8600 SH
SOLE 8600
Clorox Company COM 189054109 5002 46830 SH
SOLE 46830
Coastal Corp COM 190441105 3741 92952 SH
SOLE 92952
Coca Cola Co COM 191216100 1318 21260 SH
SOLE 21260
Comerica Inc COM 200340107 4230 71175 SH
SOLE 71175
Computer Associates Intl Inc COM 204912109 1076 19649 SH
SOLE 19649
Compuware Corp COM 205638109 4509 141750 SH
SOLE 141750
Comverse Technology Inc COM 205862402 4758 63025 SH
SOLE 63025
Costco Companies, Inc. COM 22160Q102 5933 74110 SH
SOLE 74110
DQE Inc COM 23329J104 225 5600 SH
SOLE 5600
Dayton Hudson Corp COM 239753106 5213 80200 SH
SOLE 80200
Dell Computer Corp COM 247025109 13164 355790 SH
SOLE 355790
Dow Chemical Co COM 260543103 381 3000 SH
SOLE 3000
Duke Energy Corp COM 264399106 250 4600 SH
SOLE 4600
EMC Corp - Mass COM 268648102 7785 141550 SH
SOLE 141550
El Paso Energy Corp Del COM 283905107 3857 109625 SH
SOLE 109625
Equifax Inc COM 294429105 924 25900 SH
SOLE 25900
Equitable Companies, Inc COM 29444g107 5682 84800 SH
SOLE 84800
Exxon Corp COM 302290101 848 11000 SH
SOLE 11000
Fannie Mae COM 313586109 9250 135527 SH
SOLE 135527
First Union Corp COM 337358105 976 20715 SH
SOLE 20715
Ford Motor Co COM 345370100 6647 117780 SH
SOLE 117780
GTE Corp COM 362320103 363 4808 SH
SOLE 4808
Gap Inc Del COM 364760108 5904 117200 SH
SOLE 117200
General Electric Co COM 369604103 10514 93041 SH
SOLE 93041
Gillette Co COM 375766102 836 20400 SH
SOLE 20400
Health Management Assoc Inc COM 421933102 733 65170 SH
SOLE 65170
Home Depot Inc COM 437076102 5538 85944 SH
SOLE 85944
Illinois Tool Works Inc COM 452308109 1167 14275 SH
SOLE 14275
Ingersoll Rand Co COM 456866102 6032 93337 SH
SOLE 93337
Intel Corp COM 458140100 387 6500 SH
SOLE 6500
International Business Machine COM 459200101 452 3500 SH
SOLE 3500
Johnson & Johnson COM 478160104 2033 20750 SH
SOLE 20750
Kimberly Clark Corp COM 494368103 2633 46200 SH
SOLE 46200
Lexmark Intl Group Inc-CL A COM 529771107 3016 46040 SH
SOLE 46040
Lucent Technologies Inc COM 549463107 7656 113523 SH
SOLE 113523
MBNA Corp COM 55262L100 1310 42772 SH
SOLE 42772
McDonalds Corp COM 580135101 422 10270 SH
SOLE 10270
Medtronic Inc COM 585055106 1160 14900 SH
SOLE 14900
Mellon Bank Corp COM 585509102 6371 175145 SH
SOLE 175145
Merck & Co Inc COM 589331107 699 9500 SH
SOLE 9500
Microsoft Corp COM 594918104 11336 125695 SH
SOLE 125695
Morgan J P & Co Inc COM 616880100 281 2000 SH
SOLE 2000
Morgan Stanley Dean Witter & C COM 617446448 5353 52165 SH
SOLE 52165
Northern Trust Corp. COM 665859104 6443 66425 SH
SOLE 66425
Omnicom Group COM 681919106 6348 79350 SH
SOLE 79350
Pfizer Inc COM 717081103 2041 18725 SH
SOLE 18725
Philip Morris Companies Inc COM 718154107 237 5895 SH
SOLE 5895
Procter & Gamble Co COM 742718109 968 10850 SH
SOLE 10850
Protective Life Corp COM 743674103 4171 122675 SH
SOLE 122675
SBC Communications Inc COM 78387G103 331 5710 SH
SOLE 5710
Safeway Inc COM 786514208 6136 123960 SH
SOLE 123960
Schering Plough Corp COM 806605101 10739 204545 SH
SOLE 204545
Schwab (Charles) Corp COM 808513105 3902 35800 SH
SOLE 35800
Shaw Industries Inc COM 820286102 14364 820804 SH
SOLE 820804
Southern Co COM 842587107 282 10638 SH
SOLE 10638
Sun Microsystems Inc COM 866810104 1453 21100 SH
SOLE 21100
SunTrust Banks Inc COM 867914103 791 11398 SH
SOLE 11398
Supervalu Inc COM 868536103 4995 193025 SH
SOLE 193025
Tellabs Inc COM 879664100 2284 33800 SH
SOLE 33800
Tyco International LTD COM 902124106 6043 63775 SH
SOLE 63775
United Technologies Corp COM 913017109 7931 110155 SH
SOLE 110155
V F Corp COM 918204108 308 7204 SH
SOLE 7204
Vitesse Semiconductor Corp COM 928497106 5033 74625 SH
SOLE 74625
Wachovia Corp COM 929771103 599 7000 SH
SOLE 7000
Wal-Mart Stores Inc COM 931142103 7989 165575 SH
SOLE 165575
Walgreen Co COM 931422109 1392 47400 SH
SOLE 47400
Warner-Lambert Co COM 934488107 275 3975 SH
SOLE 3975
Waters Corporation COM 941848103 2646 49800 SH
SOLE 49800
Wells Fargo Company COM 949746101 560 13100 SH
SOLE 13100
S&P Industrial 99B Roll Def As 294711346 21
20408.00000SH SOLE 20408.00000
S&P Industrial 99J DAF 294711262 44
44698.78600SH SOLE 44698.78600
Select Ten 98B Dow Def Asset F 294710660 76
73088.90730SH SOLE 73088.90730
Select Ten 991 Roll Def Asset 294711379 23
20113.00000SH SOLE 20113.00000
Select Ten 99A Dow Roll Def As 294711270 174
152211.20420SH SOLE 152211.20420
Teleglobal Turst Sr.5 Def Asse 294710413 23
21108.00000SH SOLE 21108.00000
</TABLE>
