UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or 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: Twin Capital Management, Inc.
Address: 3244 Washington Rd
Suite 202
McMurray, PA 15317
13F File Number: 28-7078
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: James Drake
Title: Controller
Phone: 724-942-2000
Signature, Place, and Date of Signing:
James Drake McMurray, PA August 15, 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: 154
Form 13F Information Table Value Total: $566,791,000
List of Other Included Managers:
No. 13F File Number Name
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FORM 13F INFORMATION TABLE
TITLE OF VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- -------------------------- ------- -------- ------- ------- --- ---- ------- ----------- ------ ------ --------
ABBOTT LABS COM 00282410 3625 79900 SOLE 39600 40300
ALLEGHENY PWR SYS INC COM 01736110 1908 59500 SOLE 42300 17200
AMERICA ONLINE INC DEL COM 02364J10 6409 58000 SOLE 0 58000
AMERITECH CORP COM 03095410 7343 99900 SOLE 0 99900
AMSOUTH BANCORPORATION COM 03216510 560 24150 SOLE 0 24150
ANHEUSER BUSCH COS INC COM 03522910 2618 36900 SOLE 20100 16800
APACHE CORP COM 03741110 702 18000 SOLE 0 18000
APPLE COMPUTER INC COM 03783310 2538 54800 SOLE 38100 16700
ARROW ELECTRS INC COM 04273510 1275 67100 SOLE 44400 22700
ASHLAND INC COM COM 04420410 514 12800 SOLE 0 12800
AT&T CORP COM COM 00195710 1300 23300 SOLE 0 23300
AVERY DENNISON CORP COM 05361110 477 7900 SOLE 0 7900
BALL CORP COM 05849810 1513 35800 SOLE 25500 10300
BANK OF AMERICA CORP COM 06050510 4839 66000 SOLE 0 66000
BARD C R INC COM 06738310 2185 45700 SOLE 32600 13100
BAXTER INTL INC COM 07181310 279 4600 SOLE 4600 0
BEAR STEARNS COS INC COM 07390210 2398 51300 SOLE 36500 14800
BELL ATLANTIC CORP COM 07785310 12935 197853 SOLE 36100 161753
BELLSOUTH CORP COM 07986010 8485 184200 SOLE 0 184200
BESTFOODS COM COM 08658U10 525 10600 SOLE 0 10600
BLOCK H & R INC COM 09367110 2415 48300 SOLE 34500 13800
BOSTON SCIENTIFIC CORP COM 10113710 760 17300 SOLE 0 17300
BRIGGS & STRATTON CORP COM 10904310 1744 30200 SOLE 21600 8600
BRISTOL MYERS SQUIBB C COM 11012210 16553 235000 SOLE 31600 203400
BURLINGTON RES INC COM 12201410 2418 55900 SOLE 38000 17900
CENTEX CORP COM 15231210 3614 96200 SOLE 56800 39400
CHASE MANHATTAN CORP COM 16161A10 12335 142600 SOLE 23000 119600
CHEVRON CORPORATION COM 16675110 7767 81700 SOLE 17900 63800
CISCO SYS INC COM 17275R10 9656 149700 SOLE 23600 126100
CITIGROUP INC COM 17296710 10918 229850 SOLE 0 229850
CLOROX CO COM 18905410 2147 20100 SOLE 13700 6400
COASTAL CORP COM 19044110 3981 98900 SOLE 55500 43400
COCA COLA CO COM 19121610 9709 156600 SOLE 0 156600
COMERICA INC COM 20034010 2372 39900 SOLE 23500 16400
COMPAQ COMPUTER CORP COM 20449310 2240 94800 SOLE 67500 27300
COMPUTER ASSOC INTL COM 20491210 471 8600 SOLE 0 8600
CONAGRA INC COM 20588710 2319 87100 SOLE 62200 24900
CONSECO INC COM 20846410 387 12700 SOLE 0 12700
COORS ADOLPH CO CL B COM 21701610 312 6300 SOLE 0 6300
CRANE CO COM COM 22439910 3439 109400 SOLE 78200 31200
CUMMINS ENGINE INC COM 23102110 2325 40700 SOLE 29100 11600
D S T SYSTEMS INC DEL COM 23332610 3068 48800 SOLE 34900 13900
DAYTON HUDSON CORP COM 23975310 3452 53100 SOLE 28000 25100
DELL COMPUTER CORP COM 24702510 9772 264100 SOLE 0 264100
DELTA AIR LINES DEL COM 24736110 2731 47400 SOLE 22800 24600
DEXTER CORP COM 25216510 633 15500 SOLE 0 15500
DIME BANCORP INC NEW COM 25429Q10 2143 106500 SOLE 76200 30300
DONNELLEY R R & SONS COM 25786710 2754 74300 SOLE 53300 21000
DU PONT E I DE NEMOURS COM 26353410 3174 46500 SOLE 0 46500
EASTMAN KODAK CO COM 27746110 2148 31700 SOLE 22700 9000
EATON CORP COM 27805810 2042 22200 SOLE 15800 6400
ENERGY EAST COM 29266M10 452 17400 SOLE 0 17400
ENTERGY CORP COM 29364G10 544 17400 SOLE 0 17400
EXXON CORP COM 30229010 12733 165100 SOLE 25900 139200
F M C CORP COM 30249130 2172 31800 SOLE 22800 9000
FEDERAL HOME LN MTG CO COM 31340030 505 8700 SOLE 0 8700
FEDERAL NATL MTG ASSN COM 31358610 6347 93000 SOLE 0 93000
FLEET FINL GROUP INC N COM 33891510 754 17000 SOLE 0 17000
FLORIDA PROGRESS CORP COM 34110910 2706 65500 SOLE 46900 18600
FORD MTR CO DEL COM 34537010 6973 121800 SOLE 32700 89100
FORT JAMES CORP COM COM 34747110 845 22300 SOLE 0 22300
FPL GROUP INC COM 30257110 2010 36800 SOLE 26200 10600
GAP INC DEL COM 36476010 3436 68200 SOLE 0 68200
GATEWAY 2000 INC COM COM 36762610 1931 32700 SOLE 23600 9100
GENERAL DYNAMICS CORP COM 36955010 530 7700 SOLE 0 7700
GENERAL ELEC CO COM 36960410 15237 136200 SOLE 0 136200
GENERAL INSTR CORP NEW COM 37012010 2495 58700 SOLE 41800 16900
GENERAL MLS INC COM 37033410 2958 36800 SOLE 25700 11100
GEORGIA PAC CORP COM 37329810 2923 61700 SOLE 34400 27300
GOLDEN WEST FINL DEL COM 38131710 2019 20600 SOLE 14500 6100
GPU INC COM COM 36225X10 384 9100 SOLE 0 9100
GTE CORP COM COM 36232010 10532 139500 SOLE 21500 118000
GUIDANT CORP COM 40169810 2705 52900 SOLE 29800 23100
HEWLETT PACKARD CO COM 42823610 6502 64700 SOLE 0 64700
HILFIGER TOMMY CORP COM G8915Z10 2454 33500 SOLE 23400 10100
HOME DEPOT INC COM 43707610 9923 154000 SOLE 24100 129900
HONEYWELL INC COM 43850610 1263 10900 SOLE 0 10900
HOUSEHOLD INTL CORP COM 44181510 815 17200 SOLE 0 17200
IMC GLOBAL, INC COM 44966910 1883 108400 SOLE 77400 31000
INTEL CORP COM 45814010 9657 162300 SOLE 32000 130300
INTERNATIONAL BUS MACH COM 45920010 17224 133000 SOLE 0 133000
ITT INDS INC IND COM 45091110 2028 53200 SOLE 38000 15200
JOHNSON & JOHNSON COM 47816010 2538 25900 SOLE 17900 8000
JOHNSON CTLS INC COM 47836610 2086 30100 SOLE 21600 8500
KELLOGG CO COM 48783610 769 23300 SOLE 0 23300
KELLY SVCS INC COM 48815220 437 13600 SOLE 0 13600
KERR MCGEE CORP COM 49238610 863 17200 SOLE 0 17200
KIMBERLY CLARK CORP COM 49436810 2086 36600 SOLE 26000 10600
KING WORLD PRODTNS INC COM 49566710 738 21200 SOLE 0 21200
KNIGHT RIDDER NEWSPPRS COM 49904010 2032 36900 SOLE 26300 10600
LEHMAN BROS HLDGS INC COM 52490810 3516 56600 SOLE 30300 26300
LEXMARK INTL GRP COM 52977110 1179 18000 SOLE 800 17200
LG&E ENERGY CORP COM 50191710 1403 66800 SOLE 49700 17100
LILLY ELI & CO COM 53245710 8301 115900 SOLE 0 115900
LIMITED INC COM 53271610 1928 42500 SOLE 30400 12100
LOEWS CORP COM 54042410 3228 40800 SOLE 23700 17100
LUCENT TECHNOLOGIES COM 54946310 20103 298100 SOLE 24800 273300
MAY DEPT STORES CO COM 57777810 2162 52900 SOLE 37800 15100
MBNA CORP COM 55262L10 1113 36350 SOLE 0 36350
MEAD CORP COM 58283410 3231 77400 SOLE 55700 21700
MERCK & CO INC COM 58933110 12811 174000 SOLE 0 174000
MERITOR AUTOMOTIVE COM 59000G10 587 23000 SOLE 0 23000
MICROSOFT CORP COM 59491810 22619 250800 SOLE 0 250800
MORGAN J P & CO INC COM 61688010 3140 22350 SOLE 11250 11100
MORGN ST D WITTR COM COM 61744644 2679 26100 SOLE 18800 7300
NEW YORK TIMES CO COM 65011110 814 22100 SOLE 0 22100
NORTH FORK BANCORPORAT COM 65942410 2499 116900 SOLE 83500 33400
NORTHROP CORP COM 66680710 2175 32800 SOLE 23600 9200
NORTHWEST AIRLS CORP COM 66728010 1989 61200 SOLE 43700 17500
OWENS CORNING FIBERGL COM 69073F10 3173 92300 SOLE 66100 26200
PACIFIC CENTY FINL CORP COM 69405810 326 15100 SOLE 0 15100
PEPSICO INC COM 71344810 3049 78800 SOLE 0 78800
PHILIP MORRIS COS INC COM 71815410 9460 235400 SOLE 0 235400
PNC BANK CORP COM COM 69347510 761 13200 SOLE 0 13200
PREMARK INTL INC COM 74045910 2486 66300 SOLE 46300 20000
PROCTER & GAMBLE CO COM 74271810 8086 90600 SOLE 0 90600
PROMUS HOTEL CORP COM 74342P10 2037 65700 SOLE 46900 18800
QUAKER OATS CO COM 74740210 4255 64100 SOLE 35100 29000
QWEST COMMUNICATIONS I COM 74912110 1881 56900 SOLE 40500 16400
RAYTHEON CO COM 75511140 1911 27100 SOLE 18500 8600
ROCKWELL INTL CORP COM 77390310 2369 39000 SOLE 27800 11200
ROYAL DUTCH PETE CO COM 78025780 9375 155600 SOLE 0 155600
SAFEWAY INC COM 78651420 2619 52900 SOLE 28300 24600
SBC COMMUNICATIONS INC COM 78387G10 9814 169200 SOLE 0 169200
SCHERING PLOUGH CORP COM 80660510 13062 248800 SOLE 29600 219200
SEAGATE TECHNOLOGY COM 81180410 2194 85600 SOLE 61100 24500
SHAW INDS INC COM 82028610 2188 125000 SOLE 89400 35600
SMURFIT-STONE CORP COM 83272710 1799 87500 SOLE 62800 24700
SNYDER COMMUNICATIONS COM 83291410 2653 81000 SOLE 58100 22900
SOUTHWEST AIRLS CO COM 84474110 877 27900 SOLE 0 27900
SUNOCO INC COM 86764P10 402 13300 SOLE 0 13300
SUPERVALU INC COM 86853610 3840 148400 SOLE 87700 60700
TANDY CORP COM 87538210 567 11600 SOLE 0 11600
TIMES MIRROR CO COM 88736410 533 9000 SOLE 0 9000
TJX COS INC NEW COM 87254010 1056 31700 SOLE 0 31700
TOYS R US COM 89233510 2745 132700 SOLE 70500 62200
TRICON GLOBAL RESTAURANTS COM 89595310 1873 34600 SOLE 24700 9900
TYCO INTL LTD NEW COM COM 90212410 1251 13200 SOLE 0 13200
U S G CORP COM 90329340 3125 55800 SOLE 39800 16000
U S WEST INC COM 91273H10 2785 47400 SOLE 33900 13500
UAL CORP COM COM 90254950 2307 35700 SOLE 25500 10200
UNION CARBIDE CORP COM 90558110 349 7200 SOLE 7200 0
UNIONBANCAL CORP COM COM 90890610 647 17900 SOLE 0 17900
UNISYS CORP COM 90921410 697 17900 SOLE 0 17900
UNIVERSAL CORP COM 91345610 338 11900 SOLE 0 11900
USAIRWAYS GROUP INC COM COM 91190510 1851 42500 SOLE 30400 12100
UST INC COM COM 90291110 405 13800 SOLE 0 13800
USX-U S STL COM 90337T10 1860 68900 SOLE 51300 17600
WAL MART STORES INC COM 93114210 16270 337200 SOLE 36600 300600
WARNACO GROUP INC COM 93439010 409 15300 SOLE 0 15300
WASHINGTON MUT INC COM 93932210 1928 54200 SOLE 38700 15500
WEATHERFORD INTL INC COM 94707410 2227 60800 SOLE 43400 17400
WORLD COLOR PRESS INC COM 98144310 2346 85300 SOLE 58400 26900
YORK INTL CORP NEW COM 98667010 420 9800 SOLE 0 9800
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