UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or 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: Woodside Asset Management, Inc.
Address: 3000 Sand Hill Road, 2-160
Menlo Park, CA 94025
Form 13F File Number: 28-6942
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: Shannon A. Hilton
Title: Operations Manager
Phone: (650) 854-5100
Signature, Place, and Date of Signing:
Shannon A. Hilton, Menlo Park , May 11, 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: 52
Form 13F Information Table Value Total: $126,638
List of Other Included Managers:
None
<PAGE>
<TABLE> <C> <C> <C> <C>
Class Mkt Val Shares Invest Otr Votg Authority
Name of Issuer Title CUSIP x$1000 Prn Amt Discrtn Mgr Sole Share None
- - --------------------------------------------------------------------------------
3Com Corp. COM 885535104 1916 16639 SH SOLE 16639 0 0
Abbott Labs COM 002824100 3842 16546 SH SOLE 16546 0 0
Albertsons Inc. COM 013104104 2731 50175 SH SOLE 50175 0 0
AvalonBay Communities COM 053484101 2905 25589 SH SOLE 25589 0 0
Bank One Corp. COM 06423a103 2866 52050 SH SOLE 52050 0 0
Bank of America Corp. COM 06605f102 2855 40427 SH SOLE 40427 0 0
Barrick Gold Corp. COM 067901108 2671 25477 SH SOLE 25477 0 0
Biogen, Inc. COM 090597105 3309 28950 SH SOLE 28950 0 0
Boeing Co. COM 097023105 1984 58350 SH SOLE 58350 0 0
Boston Properties, Inc COM 101121101 3064 31339 SH SOLE 31339 0 0
Broadvision Inc. COM 111412102 253 4240 SH SOLE 4240 0 0
C S G Systems, Inc. COM 126349109 3541 24264 SH SOLE 24264 0 0
C-Cube Microsystems COM 125015107 1415 5864 SH SOLE 5864 0 0
Capital One Financial COM 14040h105 1827 12100 SH SOLE 12100 0 0
Cisco Systems COM 17275R102 1140 10408 SH SOLE 10408 0 0
Citrix Systems COM 177376100 201 5266 SH SOLE 5266 0 0
Clorox COM 189054109 3110 26541 SH SOLE 26541 0 0
Costco Companies COM 22160q102 4355 47564 SH SOLE 47564 0 0
Countrywide Credit Ind COM 222372104 2370 63200 SH SOLE 63200 0 0
Ecolab COM 278865100 3319 27962 SH SOLE 27962 0 0
Equity Office Prop. COM 294741103 3077 55713 SH SOLE 55713 0 0
Equity Residential COM 29476L107 3031 7939 SH SOLE 7939 0 0
Euro Nevada Mining Ltd COM 29870p100 1019 11764 SH SOLE 11764 0 0
Hewlett Packard COM 428236103 3293 48561 SH SOLE 48561 0 0
Illinois Tool Works COM 452308109 2475 40000 SH SOLE 40000 0 0
Intl Business Machines COM 459200101 355 2000 SH SOLE 2000 0 0
Johnson Control Inc. COM 478366107 3437 55100 SH SOLE 55100 0 0
LSI Logic Corp. COM 502161102 1979 63450 SH SOLE 63450 0 0
Legato Systems COM 524651106 235 4560 SH SOLE 4560 0 0
Linear Technology COM 535678106 236 4600 SH SOLE 4600 0 0
Lucent Technologies COM 549463107 281 2600 SH SOLE 2600 0 0
MCI Worldcom Inc. COM 55268b106 4155 46914 SH SOLE 46914 0 0
Merck and Co. Inc. COM 589331107 3309 41300 SH SOLE 41300 0 0
Microsoft COM 594918104 4154 46350 SH SOLE 46350 0 0
Nabors Ind. COM 629568106 1166 64133 SH SOLE 64133 0 0
Network Associates COM 640938106 1955 63700 SH SOLE 63700 0 0
Parametric Technology COM 699173100 1619 16414 SH SOLE 16414 0 0
Public Storage, Inc. COM 74460d109 2665 41064 SH SOLE 41064 0 0
Pulte Corp. COM 745867101 2046 32764 SH SOLE 32764 0 0
Qualcomm Inc. COM 747525103 5958 47900 SH SOLE 47900 0 0
Quantum COM 747906105 1455 15273 SH SOLE 15273 0 0
Royal Dutch Petroleum COM 780257804 2853 54870 SH SOLE 54870 0 0
Sara Lee Corp. COM 803111103 2801 47621 SH SOLE 47621 0 0
Simon Property Group COM 828781104 2953 42100 SH SOLE 42100 0 0
Spieker Properties COM 848497103 3449 32314 SH SOLE 32314 0 0
Sun Microsystems COM 866810104 213 1700 SH SOLE 1700 0 0
Texaco COM 881694103 2706 47685 SH SOLE 47685 0 0
United Technologies Co COM 913017109 3680 27170 SH SOLE 27170 0 0
Vornado Realty Trust COM 929042109 3005 21564 SH SOLE 21564 0 0
Vulcan Materials Co. COM 929160109 3195 11795 SH SOLE 11795 0 0
Watson Pharmaceuticals COM 942683103 1491 33800 SH SOLE 33800 0 0
Xerox Corp. COM 984121103 2718 52150 SH SOLE 52150 0 0
</TABLE>
