UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
FORM 13-F
FORM 13-F 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 holdings entries.
Institutional Investment Manager Filing this Report:
Name: Zak Capital, Inc.
Address: 100 North Sixth Street
Suite 476-A
Minneapolis, MN 55403
13F File Number: 28-6872
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: Kathy A. Carlson
Title: V.P., Director of Portfolio Administration
Phone: 612-372-6449
Signature, Place, and Date of Signing:
Kathy A. Carlson Minneapolis, MN August 10, 1999
Report Type (Check only one.):
[ X ] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934.
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 59
Form 13F Information Table Value Total: $640,211
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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>
ADC TELECOMMUNICATIONS COM 000886101 8069 177090 SH SOLE 172190 4900
ALLIANT TECHSYSTEMS COM 018804104 10623 122810 SH SOLE 120710 2100
AMC ENTERTAINMENT COM 001669100 2970 154300 SH SOLE 154300
AMERICAN ITALIAN PASTA CO COM 027070101 25242 831025 SH SOLE 815425 15600
APPLIED POWER INC COM 038225108 17261 631995 SH SOLE 619695 12300
AUTODESK INC COM COM 052769106 21513 727715 SH SOLE 712415 15300
AVIATION SALES COMPANY COM 053672101 3322 84100 SH SOLE 84100
BANK UNITED COM 065412108 2834 70520 SH SOLE 67220 3300
BIO LOGIC SYS CORP COM COM 090909102 107 20500 SH SOLE 20500
BISYS GROUP COM 055472104 6982 119355 SH SOLE 115855 3500
CENTOCOR INC COM COM 152342101 14457 310065 SH SOLE 304665 5400
COOPER CAMERON COM 216640102 5411 145995 SH SOLE 141995 4000
DIAL CORPORATION COM 25247D101 9839 264580 SH SOLE 256080 8500
DRILL-QUIP INC. COM 262037104 9657 421000 SH SOLE 421000
ENDOSONICS CORP COM COM 29264K105 147 21000 SH SOLE 21000
EQUIFAX COM 294429105 5166 144755 SH SOLE 138155 6600
FINOVA GROUP INC COM COM 317928109 19713 374590 SH SOLE 367790 6800
FOREST LABS INC CL A COM 345838106 6867 148485 SH SOLE 145185 3300
GROUP 1 AUTOMOTIVE INC. COM 398905109 2438 115400 SH SOLE 115400
HCC INSURANCE HOLDINGS INC COM 404132102 10623 468235 SH SOLE 455535 12700
HEALTH MANAGEMENT COM 421933102 12171 1081850 SH SOLE 1060150 21700
HELLER FINANCIAL COM 423328103 7707 277100 SH SOLE 269500 7600
HNC SOFTWARE COM 40425P107 14601 473865 SH SOLE 463665 10200
IBP INC COM 449223106 1833 77200 SH SOLE 77200
INTERNATIONAL BUS MACH COM COM 459200101 220 1700 SH SOLE 1700
JD EDWARDS COM 281667105 10114 546720 SH SOLE 535420 11300
LITTELFUSE, INC. COM 537008104 9185 477135 SH SOLE 463935 13200
LORAL SPACE AND COMMUNICATIONS COM G56462107 7730 429450 SH SOLE 421450 8000
M&T BANK COM 55261F104 5238 9523 SH SOLE 9273 250
MONDAVI ROBERT CORP CL A COM 609200100 15975 439165 SH SOLE 430565 8600
MOOG INC COM 615394202 3303 96100 SH SOLE 96100
NATIONAL INSTRUMENTS COM 636518102 9578 237225 SH SOLE 229725 7500
NORTH FORK BANK COM 659424105 3077 143930 SH SOLE 137330 6600
OMNICARE COM 681904108 19083 1511535 SH SOLE 1480535 31000
ORBITAL SCIENCES COM 685564106 7823 331130 SH SOLE 325030 6100
ORTHODONTIC CTRS AMER COM COM 68750P103 21124 1495530 SH SOLE 1463730 31800
PEDIATRIX MEDICAL GROUP COM 705324101 25751 1211805 SH SOLE 1187005 24800
PEREGRINE SYSTEMS COM 71366Q101 14977 583030 SH SOLE 571530 11500
PIZZA INN INC NEW COM COM 725848105 104 31000 SH SOLE 31000
PROVINCE HEALTHCARE COM 743977100 3200 164100 SH SOLE 164100
RACING CHAMPIONS COM 750069106 2415 339000 SH SOLE 339000
RADIAN GROUP INC COM 750236101 17709 362800 SH SOLE 355700 7100
RESTORATION HARDWARE COM 760981100 2196 164200 SH SOLE 164200
ROBERT HALF INTERNATIONAL COM 770323103 8404 325590 SH SOLE 315990 9600
RSL COMMUNICATIONS CLS A COM G7702U102 20657 1069610 SH SOLE 1048510 21100
SIPEX COM 829909100 5107 249100 SH SOLE 249100
SOVEREIGN BANCORP COM 845905108 4798 395695 SH SOLE 384895 10800
STEEL DYNAMICS INC. COM 858119100 14167 915855 SH SOLE 896855 19000
STERLING COMMERC COM 859205106 33545 912777 SH SOLE 893577 19200
STEWART ENTERPRISES COM 860370105 14020 962730 SH SOLE 944330 18400
SYBRON INTL CORP COM COM 87114F106 10619 385270 SH SOLE 374670 10600
SYKES ENTERPRISES, INC. COM 871237103 16298 488325 SH SOLE 476725 11600
SYNOPSYS COM 871607107 18699 338825 SH SOLE 331325 7500
TCF FINANCIAL COM 872275102 7065 253460 SH SOLE 246860 6600
TOTAL RENAL CARE COM 89151A107 18843 1210810 SH SOLE 1188110 22700
WARNACO GROUP INC CL A COM 934390105 19804 740330 SH SOLE 724730 15600
WEATHERFORD COM 947074100 7830 213795 SH SOLE 206495 7300
WESLEY JESSEN COM 951018100 33609 1038120 SH SOLE 1014720 23400
WOLVERINE WORLDWIDE COM 978097103 8392 599425 SH SOLE 583125 16300
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