UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 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 November 8, 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: 94
Form 13F Information Table Value Total: $319,352
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 6040 138850 SH
SOLE 138850
AXA Financial, Inc COM 002451102 5043 90365 SH
SOLE 90365
Abbott Laboratories COM 002824100 4192 114253 SH
SOLE 114253
AlliedSignal Inc COM 019512102 3398 56700 SH
SOLE 56700
Amerada Hess Corp COM 023551104 2891 47200 SH
SOLE 47200
American International Group COM 026874107 1382 15897 SH
SOLE 15897
Ameritech Corp COM 030954101 7170 107420 SH
SOLE 107420
Amgen Inc COM 031162100 4128 50645 SH
SOLE 50645
Apple Computer Inc COM 037833100 7427 117300 SH
SOLE 117300
Avery-Dennison Corp COM 053611109 5415 102660 SH
SOLE 102660
BP Amoco PLC COM 055622104 1100 9925 SH
SOLE 9925
Bankamerica Corp COM 06605F102 1075 19307 SH
SOLE 19307
BellSouth Corp COM 079860102 7224 160540 SH
SOLE 160540
Brinker International Inc COM 109641100 1989 73500 SH
SOLE 73500
Bristol Myers Squibb Co COM 110122108 6593 97670 SH
SOLE 97670
CenturyTel Inc COM 156686107 4270 105100 SH
SOLE 105100
Chase Manhattan Corp COM 16161A108 5026 66680 SH
SOLE 66680
Chevron Corp COM 166751107 209 2350 SH
SOLE 2350
Cisco Systems Inc COM 17275R102 8846 129016 SH
SOLE 129016
Citigroup Inc COM 172967101 510 11595 SH
SOLE 11595
Citrix Systems, Inc COM 177376100 452 7300 SH
SOLE 7300
Clorox Company COM 189054109 232 6070 SH
SOLE 6070
Coastal Corp COM 190441105 3935 96127 SH
SOLE 96127
Coca Cola Co COM 191216100 1026 21260 SH
SOLE 21260
Computer Associates Intl Inc COM 204912109 1187 19424 SH
SOLE 19424
Compuware Corp COM 205638109 3858 148025 SH
SOLE 148025
Comverse Technology Inc COM 205862402 6144 65150 SH
SOLE 65150
Concord EFS Inc COM 206197105 1813 87900 SH
SOLE 87900
Costco Wholesale Corp COM 22160Q102 4829 67070 SH
SOLE 67070
DQE Inc COM 23329J104 219 5600 SH
SOLE 5600
Dayton Hudson Corp COM 239753106 4113 68475 SH
SOLE 68475
Dell Computer Corp COM 247025109 15076 360555 SH
SOLE 360555
Dow Chemical Co COM 260543103 341 3000 SH
SOLE 3000
Duke Energy Corp COM 264399106 254 4600 SH
SOLE 4600
EMC Corp - Mass COM 268648102 10092 141395 SH
SOLE 141395
El Paso Energy Corp Del COM 283905107 4642 115335 SH
SOLE 115335
Equifax Inc COM 294429105 696 24750 SH
SOLE 24750
Exxon Corp COM 302290101 836 11000 SH
SOLE 11000
Fannie Mae COM 313586109 6931 110572 SH
SOLE 110572
First Union Corp COM 337358105 736 20655 SH
SOLE 20655
Ford Motor Co COM 345370100 6103 121445 SH
SOLE 121445
GTE Corp COM 362320103 370 4808 SH
SOLE 4808
Gap Inc Del COM 364760108 3863 120725 SH
SOLE 120725
General Electric Co COM 369604103 9559 80621 SH
SOLE 80621
Gillette Co COM 375766102 692 20400 SH
SOLE 20400
Health Management Assoc Inc COM 421933102 474 61120 SH
SOLE 61120
Hertz Corp-CL A COM 428040109 3802 86400 SH
SOLE 86400
Home Depot Inc COM 437076102 7509 109424 SH
SOLE 109424
Illinois Tool Works Inc COM 452308109 1064 14275 SH
SOLE 14275
Ingersoll Rand Co COM 456866102 5214 94900 SH
SOLE 94900
Intel Corp COM 458140100 398 5350 SH
SOLE 5350
International Business Machine COM 459200101 411 3400 SH
SOLE 3400
Johnson & Johnson COM 478160104 1874 20400 SH
SOLE 20400
Kimberly Clark Corp COM 494368103 3829 72580 SH
SOLE 72580
Lexmark Intl Group Inc-CL A COM 529771107 3924 48750 SH
SOLE 48750
Lucent Technologies Inc COM 549463107 7594 117058 SH
SOLE 117058
MBNA Corp COM 55262L100 976 42772 SH
SOLE 42772
McDonalds Corp COM 580135101 444 10270 SH
SOLE 10270
Medtronic Inc COM 585055106 1049 29500 SH
SOLE 29500
Mellon Financial Corp COM 58551A108 6051 179945 SH
SOLE 179945
Merck & Co Inc COM 589331107 609 9400 SH
SOLE 9400
Microsoft Corp COM 594918104 10915 120525 SH
SOLE 120525
Morgan J P & Co Inc COM 616880100 228 2000 SH
SOLE 2000
Morgan Stanley Dean Witter & C COM 617446448 5576 62525 SH
SOLE 62525
Northern Trust Corp. COM 665859104 5684 68075 SH
SOLE 68075
Omnicom Group COM 681919106 4345 54875 SH
SOLE 54875
Pfizer Inc COM 717081103 1983 55275 SH
SOLE 55275
Philip Morris Companies Inc COM 718154107 202 5895 SH
SOLE 5895
Procter & Gamble Co COM 742718109 6120 65280 SH
SOLE 65280
SBC Communications Inc COM 78387G103 292 5710 SH
SOLE 5710
Safeway Inc COM 786514208 4067 106860 SH
SOLE 106860
Schering Plough Corp COM 806605101 9095 208475 SH
SOLE 208475
Schwab (Charles) Corp COM 808513105 3950 118145 SH
SOLE 118145
Shaw Industries Inc COM 820286102 13030 820804 SH
SOLE 820804
Southern Co COM 842587107 274 10638 SH
SOLE 10638
Sun Microsystems Inc COM 866810104 1758 18900 SH
SOLE 18900
SunTrust Banks Inc COM 867914103 749 11398 SH
SOLE 11398
Tellabs Inc COM 879664100 1913 33600 SH
SOLE 33600
Tyco International LTD COM 902124106 7104 68800 SH
SOLE 68800
United Technologies Corp COM 913017109 6623 111670 SH
SOLE 111670
Vitesse Semiconductor Corp COM 928497106 5242 61400 SH
SOLE 61400
Wachovia Corp COM 929771103 550 7000 SH
SOLE 7000
Wal-Mart Stores Inc COM 931142103 6757 142060 SH
SOLE 142060
Walgreen Co COM 931422109 1203 47400 SH
SOLE 47400
Warner-Lambert Co COM 934488107 227 3425 SH
SOLE 3425
Waters Corporation COM 941848103 3342 55175 SH
SOLE 55175
Wells Fargo Company COM 949746101 511 12900 SH
SOLE 12900
Mercury US Large Cap Fund-C 589358787 130
12904.77600SH SOLE 12904.77600
S&P Industrial 99B Roll Def As 294711346 18
20493.56840SH SOLE 20493.56840
S&P Industrial 99J DAF 294711262 39
44977.38300SH SOLE 44977.38300
Select Ten 991 Roll Def Asset 294711379 21
20164.39640SH SOLE 20164.39640
Select Ten 99A Dow Roll Def As 294711270 162
152878.88810SH SOLE 152878.88810
Select Ten 99B Roll Def Asset 294711452 70
78067.00000SH SOLE 78067.00000
Teleglobal Turst Sr.5 Def Asse 294710413 22
21158.00330SH SOLE 21158.00330
</TABLE>
