UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
FORM 13-F
FORM 13-F COVER PAGE
Report for the 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: 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 May 11, 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: $593,319
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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 9425 197650 SH SOLE 191750 5900
ALLIANT TECHNOLOGY COM 018804104 1600 20600 SH SOLE 20600
ALLIED WASTE COM 019589308 9185 636185 SH SOLE 624185 12000
AMC ENTERTAINMENT COM 001669100 2145 139500 SH SOLE 139500
AMERICAN ITALIAN PASTA CO COM 027070101 17551 702035 SH SOLE 688435 13600
APPLIED POWER INC COM 038225108 16351 600035 SH SOLE 587735 12300
ARM FINANCIAL COM 001944107 6687 447685 SH SOLE 431685 16000
AUTODESK INC COM COM 052769106 18350 453775 SH SOLE 445575 8200
AVIATION SALES COMPANY COM 053672101 2189 49200 SH SOLE 49200
BANK UNITED COM 065412108 2712 66360 SH SOLE 63060 3300
BAY VIEW CAPITAL CORP. COM 07262l101 10332 547400 SH SOLE 547400
BIO LOGIC SYS CORP COM COM 090909102 51 20500 SH SOLE 20500
BISYS GROUP COM 055472104 6082 108125 SH SOLE 104625 3500
CENTOCOR INC COM COM 152342101 17966 486385 SH SOLE 478585 7800
CMAC INVT CORP COM COM 125662106 14336 367590 SH SOLE 360490 7100
COOPER CAMERON COM 216640102 4602 135845 SH SOLE 131845 4000
DIAL CORPORATION COM 25247D101 8015 233160 SH SOLE 224660 8500
DIAMOND OFFSHORE COM 25271C102 3530 111615 SH SOLE 106115 5500
DRILL-QUIP INC. COM 262037104 8860 401600 SH SOLE 401600
ENDOSONICS CORP COM COM 29264K105 136 21000 SH SOLE 21000
EQUIFAX COM 294429105 4688 136375 SH SOLE 129775 6600
FINOVA GROUP INC COM COM 317928109 19084 367890 SH SOLE 361090 6800
FOREST LABS INC CL A COM 345838106 6094 108095 SH SOLE 104095 4000
GROUP 1 AUTOMOTIVE INC. COM 398905109 2392 97400 SH SOLE 97400
HCC INSURANCE HOLDINGS INC COM 404132102 8149 423305 SH SOLE 410605 12700
HEALTH MANAGEMENT COM 421933102 6086 499390 SH SOLE 481990 17400
HEALTHCARE FINANCIAL COM 42219W108 308 11800 SH SOLE 11800
HNC SOFTWARE COM 40425P107 15398 470165 SH SOLE 460565 9600
LEXMARK INTL GROUP INC CL A COM 529771107 13561 121215 SH SOLE 119015 2200
LITTELFUSE, INC. COM 537008104 7925 431315 SH SOLE 418115 13200
M&T BANK COM 55261F104 2591 5409 SH SOLE 5159 250
MONDAVI ROBERT CORP CL A COM 609200100 14950 418195 SH SOLE 409595 8600
MOOG INC COM 615394202 2422 79400 SH SOLE 79400
NATIONAL INSTRUMENTS COM 636518102 10316 361975 SH SOLE 353675 8300
NORTH FORK BANK COM 659424105 2547 120560 SH SOLE 114660 5900
OMNICARE COM 681904108 20638 1082655 SH SOLE 1061855 20800
ORTHODONTIC CTRS AMER COM COM 68750P103 17654 1120880 SH SOLE 1097880 23000
PEDIATRIX MEDICAL GROUP COM 705324101 24675 877335 SH SOLE 859735 17600
PIZZA INN INC NEW COM COM 725848105 93 31000 SH SOLE 31000
PLATINUM TECHNOLOGY COM COM 72764T101 33576 1316690 SH SOLE 1292790 23900
PROVINCE HEALTHCARE COM 743977100 3019 163200 SH SOLE 163200
RACING CHAMPIONS COM 750069106 3238 294400 SH SOLE 294400
RESTORATION HARDWARE COM 760981100 1967 89400 SH SOLE 89400
RSL COMMUNICATIONS CLS A COM G7702U102 18599 517530 SH SOLE 507030 10500
SIPEX COM 829909100 3736 286000 SH SOLE 286000
SOVEREIGN BANCORP COM 845905108 3640 297155 SH SOLE 287355 9800
STEEL DYNAMICS INC. COM 858119100 18207 1099305 SH SOLE 1080305 19000
STERLING COMMERC COM 859205106 32387 1053237 SH SOLE 1029937 23300
STEWART ENTERPRISES COM 860370105 12739 793060 SH SOLE 777760 15300
SYBRON INTL CORP COM COM 87114F106 3355 134220 SH SOLE 127620 6600
SYKES ENTERPRISES, INC. COM 871237103 8500 263055 SH SOLE 254455 8600
SYNOPSYS COM 871607107 8299 154395 SH SOLE 148995 5400
TCF FINANCIAL COM 872275102 5943 228010 SH SOLE 221410 6600
TOTAL RENAL CARE COM 89151A107 13237 1203330 SH SOLE 1180630 22700
WANG LABS INC NEW COM COM 93369N109 12299 626685 SH SOLE 611485 15200
WARNACO GROUP INC CL A COM 934390105 18788 761040 SH SOLE 745440 15600
WEATHERFORD COM 947074100 14820 567275 SH SOLE 557375 9900
WESLEY JESSEN COM 951018100 31726 1151050 SH SOLE 1127050 24000
WOLVERINE WORLDWIDE COM 978097103 5566 585945 SH SOLE 569645 16300
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