[TEXT] 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
This Amendment (Check only one.) : [ ] Is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Ragen MacKenzie Incorprated
Address: 999 3rd Ave
Suite 4300
Seattle, WA 98104
13F File Number: 28-7064
The institutional investment manager filing this report and
the person by whom it is signed hereby represent 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: Mike Reinhardt
Title: Attorney
Phone: (206) 464-8802
Signature, Place, and Date of Signing:
Michael Reinhardt Seattle, Washington May 14, 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.
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 138
Form 13F Information Table Value Total: $357,070
List of Other Included Managers:
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FORM 13F INFORMATION TABLE
TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ---------------- -------- --------- -------- ------- ---- ---- ------- -------- ------ ------ ----
3COM CORP COM 885535104 364 15,600 SH SOLE 15,600 0 0
ACTEL CORP COM 004934105 11733 715,384 SH SOLE 715,384 0 0
ACTIVE VOICE CORP COM 004938106 1365 143,290 SH SOLE 143,290 0 0
AIRBORNE FGHT CORP COM 009266107 792 25,550 SH SOLE 25,550 0 0
ALASKA AIR GROUP INC COM 011659109 569 11,975 SH SOLE 11,975 0 0
ALEXANDER & BALDWIN COM 014482103 1029 52,450 SH SOLE 52,450 0 0
ALLSTATE CORP COM 020002101 515 13,902 SH SOLE 13,902 0 0
APPLEBEES INTL INC COM 037899101 2280 91,900 SH SOLE 91,900 0 0
ARCADIA FINANCIAL LTD COM 039101100 5552 1,173,425 SH SOLE 1,173,425 0 0
ASARCO INC COM 043413103 7092 516,603 SH SOLE 516,603 0 0
ASHWORTH INC COM 04516H101 49 14,000 SH SOLE 14,000 0 0
AT & T CORP COM 001957109 950 11,897 SH SOLE 11,897 0 0
AUSPEX SYSTEMS INC COM 052116100 3351 314,350 SH SOLE 314,350 0 0
AVISTA CORP COM 05379B107 502 30,900 SH SOLE 30,900 0 0
AVISTA CORP $1.24 PFD PFD 05379B503 954 55,705 SH SOLE 55,705 0 0
BAKER HUGHES INC COM 057224107 424 17,450 SH SOLE 17,450 0 0
BANKAMERICA CORP (NEW) COM 06605F102 8743 123,847 SH SOLE 123,847 0 0
BEEHIVE INTL NEW COM 077022200 0 10,100 SH SOLE 10,100 0 0
BLACKROCK 2001 TERM TRUST INC COM 092477108 108 12,000 SH SOLE 12,000 0 0
BMD ENTERPRISES LTD COM 05561B105 2 34,125 SH SOLE 34,125 0 0
BOEING CO COM 097023105 2109 61,969 SH SOLE 61,969 0 0
BOSTON CHICKEN INC CNV DEB CVBD 100578AA1 184 3,430,000 SH SOLE 3,430,000 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 664 10,348 SH SOLE 10,348 0 0
BUILDING MATERIALS HLDG CORP COM 120113105 749 74,987 SH SOLE 74,987 0 0
BURLINGTON RESOURCES INC COM 122014103 3477 87,072 SH SOLE 87,072 0 0
CABLETRON SYS INC COM 126920107 14094 1,723,807 SH SOLE 1,723,807 0 0
CASCADE CORP COM 147195101 266 25,000 SH SOLE 25,000 0 0
CASCADE NAT GAS CORP COM 147339105 274 18,375 SH SOLE 18,375 0 0
CHEVRON CORP COM 166751107 2158 24,321 SH SOLE 24,321 0 0
CITIGROUP INC COM 172967101 873 13,665 SH SOLE 13,665 0 0
CLARUS CORP DELAWARE COM 182707109 67 12,156 SH SOLE 12,156 0 0
COEUR D'ALENE MINES CORP I PFD PFD 192108207 638 104,500 SH SOLE 104,500 0 0
COEUR D'ALENE MINES CORP IDAHO COM 192108108 1795 435,692 SH SOLE 435,692 0 0
COINSTAR INC COM 19259P300 244 15,112 SH SOLE 15,112 0 0
COLUMBIA BANKING SYSTEM COM 197236102 560 37,333 SH SOLE 37,333 0 0
COMPAQ COMPUTER CORP COM 204493100 599 18,913 SH SOLE 18,913 0 0
COMPUWARE CORP COM 205638109 755 31,612 SH SOLE 31,612 0 0
COSTCO COMPANIES INC COM 22160Q102 4146 45,281 SH SOLE 45,281 0 0
CYPRESS SEMICONDUCTOR CORP COM 232806109 1031 114,600 SH SOLE 114,600 0 0
DATA I O CORP COM 237690102 352 245,215 SH SOLE 245,215 0 0
EEX CORP (NEW) COM 26842V207 66 13,612 SH SOLE 13,612 0 0
EMERITUS CORPORATION COM 291005106 737 73,665 SH SOLE 73,665 0 0
ESTERLINE CORP COM 297425100 273 21,100 SH SOLE 21,100 0 0
EXXON CORP COM 302290101 2192 31,064 SH SOLE 31,064 0 0
FEDERAL HOME LOAN MORTGAGE COM 313400301 2434 42,462 SH SOLE 42,462 0 0
FERRO CORP COM 315405100 743 30,000 SH SOLE 30,000 0 0
FIRST WASHINGTON BANCORP INC COM 33748T104 407 20,920 SH SOLE 20,920 0 0
FLOTOOL CORP COM 343990008 0 12,000 SH SOLE 12,000 0 0
FLOW INTL CORP COM 343468104 354 35,800 SH SOLE 35,800 0 0
FRANKLIN RES INC COM 354613101 515 18,296 SH SOLE 18,296 0 0
FRONTIER FINANCIAL CORP COM 35907K105 288 11,522 SH SOLE 11,522 0 0
GARDEN BOTANIKA INC COM 364854109 4 14,860 SH SOLE 14,860 0 0
GARDENBURGER INC COM 365476100 777 78,655 SH SOLE 78,655 0 0
GENENTECH CALLABLE PUTABLE COM COM 368710307 1473 16,724 SH SOLE 16,724 0 0
GENERAL ELEC CO COM 369604103 2745 24,816 SH SOLE 24,816 0 0
GLAXO WELLCOME PLC SPONSORED COM 37733W105 2755 41,151 SH SOLE 41,151 0 0
GO2NET INC COM 383486107 1616 12,185 SH SOLE 12,185 0 0
GOODRICH B F CO COM 382388106 2601 75,800 SH SOLE 75,800 0 0
GST TELECOMMUNICATIONS INC COM 361942105 5333 487,575 SH SOLE 487,575 0 0
HEALTHSOUTH CORP COM 421924101 345 33,000 SH SOLE 33,000 0 0
HEWLETT PACKARD CO COM 428236103 927 13,676 SH SOLE 13,676 0 0
HIKO BELL MNG & OIL CO NEW COM 431290204 1 15,000 SH SOLE 15,000 0 0
HOSTAR INTERNATIONAL INC PFD PFD 440992204 0 27,247 SH SOLE 27,247 0 0
HRPT PROPERTIES TRUST COM 40426W101 137 10,150 SH SOLE 10,150 0 0
ICOS CORP COM 449295104 7379 218,650 SH SOLE 218,650 0 0
IKON OFFICE SOLUTIONS INC COM 451713101 1918 149,715 SH SOLE 149,715 0 0
IMMUNEX CORP (NEW) COM 452528102 9677 116,136 SH SOLE 116,136 0 0
INTEGRATED DEVICE TECH INC SUB CVBD 458118AA4 173 244,000 SH SOLE 244,000 0 0
INTEL CORP COM 458140100 4047 34,043 SH SOLE 34,043 0 0
INTERNATIONAL RECTIFIER CORP COM 460254105 305 43,900 SH SOLE 43,900 0 0
KANEB SVCS INC COM 484170105 87 21,500 SH SOLE 21,500 0 0
KEY TRONIC CORP COM 493144109 56 17,100 SH SOLE 17,100 0 0
KLAMATH FIRST BANCORP INC COM 49842P103 832 50,796 SH SOLE 50,796 0 0
LEXINGTON PROPERTIES TR REIT COM 529043101 145 13,000 SH SOLE 13,000 0 0
LITTON INDS INC COM 538021106 926 15,955 SH SOLE 15,955 0 0
LONGVIEW FIBRE CO COM 543213102 299 25,835 SH SOLE 25,835 0 0
LTV CORP COM 501921100 5879 1,098,079 SH SOLE 1,098,079 0 0
MCDONALDS CORP COM 580135101 677 14,944 SH SOLE 14,944 0 0
MENTOR GRAPHICS COM 587200106 6736 501,033 SH SOLE 501,033 0 0
MERCK & CO INC COM 589331107 7950 99,225 SH SOLE 99,225 0 0
MICROSOFT CORP COM 594918104 91155 1,017,302 SH SOLE 1,017,302 0 0
MILLER INDUSTRIES INC COM 600551105 57 12,000 SH SOLE 12,000 0 0
MINORCO (SPONSORED) ADR COM 604340307 496 39,450 SH SOLE 39,450 0 0
NATIONAL BANCORP OF ALASKA INC COM 632587101 315 11,192 SH SOLE 11,192 0 0
NATIONAL PRESTO INDS INC COM 637215104 514 14,500 SH SOLE 14,500 0 0
NEWMONT MNG CORP COM 651639106 6056 347,633 SH SOLE 347,633 0 0
NORDSTROM INC COM 655664100 1234 30,200 SH SOLE 30,200 0 0
NORTHGATE EXPL LTD COM 666416102 7 11,558 SH SOLE 11,558 0 0
NORTHWEST EAGLE INC COM 667991111 0 100,000 SH SOLE 100,000 0 0
NORTHWEST NAT GAS CO COM 667655104 863 39,463 SH SOLE 39,463 0 0
OFFICEMAX INC COM 67622M108 8714 1,012,360 SH SOLE 1,012,360 0 0
OGDEN CORP COM 676346109 4131 171,672 SH SOLE 171,672 0 0
ORACLE CORP COM 68389X105 578 21,906 SH SOLE 21,906 0 0
OSTEX INTERNATIONAL INC COM 68859Q101 29 22,200 SH SOLE 22,200 0 0
PACIFICORP COM 695114108 9686 561,415 SH SOLE 561,415 0 0
PAN AMERICAN SILVER CORP COM 697900108 57 11,200 SH SOLE 11,200 0 0
PENN VA CORP COM 707882106 418 23,800 SH SOLE 23,800 0 0
POPE & TALBOT INC COM 732827100 71 11,200 SH SOLE 11,200 0 0
POTLATCH CORP COM 737628107 429 12,150 SH SOLE 12,150 0 0
PROTOCOL SYSTEMS INC COM 74371R106 205 34,100 SH SOLE 34,100 0 0
PUGET SOUND ENERGY INC COM 745332106 376 16,319 SH SOLE 16,319 0 0
PYRAMID BREWERIES INC COM 747135101 122 69,800 SH SOLE 69,800 0 0
RAGEN MACKENZIE GROUP INC COM 750642100 1571 135,120 SH SOLE 135,120 0 0
REDDI BRAKE SUPPLY CORP COM 757275102 0 30,000 SH SOLE 30,000 0 0
RIDE INC COM 765689104 98 121,650 SH SOLE 121,650 0 0
ROYAL DUTCH PETROLEUM CO COM 780257804 820 15,772 SH SOLE 15,772 0 0
SAFECO CORP COM 786429100 14357 355,533 SH SOLE 355,533 0 0
SAN JUAN BASIN RTY TR UNIT BEN COM 798241105 312 46,200 SH SOLE 46,200 0 0
SANDS REGENT COM 800091100 24 17,200 SH SOLE 17,200 0 0
SCIENTIFIC ATLANTA INC COM 808655104 1553 57,605 SH SOLE 57,605 0 0
SEATTLE FILM WORKS INC COM 812572105 33 10,900 SH SOLE 10,900 0 0
SEMITOOL INC COM 816909105 1696 268,025 SH SOLE 268,025 0 0
SHAW INDS INC COM 820286102 1429 77,254 SH SOLE 77,254 0 0
SHERWIN WILLIAMS CO COM 824348106 581 20,648 SH SOLE 20,648 0 0
SHURGARD STORAGE CENTERS CL A COM 82567D104 444 17,599 SH SOLE 17,599 0 0
SI DIAMOND TECHNOLOGY INC COM 784249104 9 10,700 SH SOLE 10,700 0 0
SIERRA HLTH SVCS INC COM 826322109 920 70,800 SH SOLE 70,800 0 0
SINGER CO N V COM 82930F109 119 31,100 SH SOLE 31,100 0 0
SPECTRAFAXC CORP COM 847572104 15 15,000 SH SOLE 15,000 0 0
ST JUDE MED INC COM 790849103 13761 565,420 SH SOLE 565,420 0 0
STARBUCKS CORPORATION COM 855244109 1376 49,020 SH SOLE 49,020 0 0
SWIRE PACIFIC LTD ADR-A COM 870794302 51 11,480 SH SOLE 11,480 0 0
TARGETED GENETICS CORP COM 87612M108 16 10,400 SH SOLE 10,400 0 0
TECUMSEH PRODUCTS COMPANY CL A COM 878895200 2022 39,700 SH SOLE 39,700 0 0
TENET HEALTHCARE CORP COM 88033G100 11296 597,475 SH SOLE 597,475 0 0
UNION PAC CORP COM 907818108 8833 165,290 SH SOLE 165,290 0 0
UNION PACIFIC RESOURCES GROUP COM 907834105 160 13,447 SH SOLE 13,447 0 0
US BANCORP (NEW) COM 902973106 707 20,745 SH SOLE 20,745 0 0
UST INC COM 902911106 1353 51,796 SH SOLE 51,796 0 0
VARIFLEX INC COM 922242102 157 34,000 SH SOLE 34,000 0 0
VENGOLD INC COM 92267K100 6 25,000 SH SOLE 25,000 0 0
VISIO CORP COM 927914101 1022 36,623 SH SOLE 36,623 0 0
WASH MUTUAL INC COM 939322103 768 18,793 SH SOLE 18,793 0 0
WASHINGTON FEDERAL INC COM 938824109 1166 55,534 SH SOLE 55,534 0 0
WELLS FARGO & CO NEW COM 949746101 855 24,380 SH SOLE 24,380 0 0
WESTCOAST ENERGY INC COM 95751D102 871 44,500 SH SOLE 44,500 0 0
WEYERHAEUSER CO COM 962166104 928 16,712 SH SOLE 16,712 0 0
WOLVERINE WORLD WIDE COM 978097103 7013 736,950 SH SOLE 736,950 0 0
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