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: ING Investment Management LLC
Address: 5780 Powers Ferry Road
Suite 300
Atlanta, GA 30327-4349
Form 13F File Number: 28-7292
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: Abe Riazati
Title: Controller
Phone: 770-690-4777
Signature, Place, and Date of Signing:
s/Abe Riazati Atlanta, GA May 17, 1999
________________________ _______________________________ _____________
[Signature] [City, State] [Date]
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report, and
all holdings are reported by other reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported
by other reporting manager(s).)
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
________________
Form 13F Information Table Entry Total: 89
________________
Form 13F Information Table Value Total: $ 376,073
________________
(thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and the Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
NO. Form 13F File Number Name
1 28-7516 ING Mutual Funds Management Co. LLC
<PAGE>
FORM 13F INFORMATION TABLE
<TABLE>
<CAPTION>
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4
______________________________________________________________________________
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE
(X$1000)
______________________________________________________________________________
<S> <S> <C> <C>
ALBERTO CULVER CO CLASS B COMMON STOCK 013068101 2,122
ALLIED WASTE INDUSTRIES INC COMMON STOCK 019589308 2,050
ALLSTATE CORP COMMON STOCK 020002101 6,275
AMERICAN GREETINGS-CL B COMMON STOCK 026375105 157
AMERICAN HOME PRODUCTS COMMON STOCK 026609107 10,688
AMERICAN INTERNATIONAL GROUP COMMON STOCK 026874107 6,858
AMERITECH CORP COMMON STOCK 030954101 9,220
AMR CORP COMMON STOCK 001765106 1,124
ANHEUSER BUSCH COMMON STOCK 035229103 297
APPLIED MATLS INC COMMON STOCK 038222105 5,533
ASCEND COMMUNICATION INC COMMON STOCK 043491109 5,590
AT&T COMMON STOCK 001957109 279
BAXTER INTERNATIONAL INC. COMMON STOCK 071813109 3,597
BELLSOUTH CORP COMMON STOCK 079860102 9,094
BERGEN BRUNSWIG CORP COMMON STOCK 083739102 2,442
BOEING COMPANY COMMON STOCK 097023105 2,219
BRISTOL MYERS SQUIBB CO COMMON STOCK 110122108 8,625
BURLINGTON NORTHERN INC COMMON STOCK 12189T104 1,788
CADENCE DESIGN SYSTEM COMMON STOCK 127387108 5,595
CARNIVAL CORP COMMON STOCK 143658102 136
CENDANT CORP COMM COMMON STOCK 151313103 1,594
CHASE MANHATTAN CORP COMMON STOCK 16161A108 5,737
CHEVRON CORPORATION COMMON STOCK 166753107 495
CHEVRON CORPORATION COMMON STOCK 166751107 5,236
CINCINNATI MILACRON COMMON STOCK 172172108 2,780
CIRCUIT CITY STORES INC COMMON STOCK 172737108 2,759
CISCO SYS INC COMMON STOCK 17275R102 7,165
CITIGROUP INC. COMMON STOCK 172967101 11,740
COMPAQ COMPUTER CORP COMMON STOCK 204493100 4,986
COMPLETE BUSINESS SOLUTIONS COMMON STOCK 20452F107 761
CONOCO INC COMMON STOCK 208251306 1,164
CUMMINS ENGINE INC COMMON STOCK 231021106 2,312
DOW CHEM CO COMMON STOCK 260543103 3,057
EDISON INTERNATIONAL COMMON STOCK 281020107 3,384
ELECTRONIC DATA SYSTEMS CORPORATIONCOMMON STOCK 285661104 329
FEDERAL NATL MTGE ASSN C.S. COMMON STOCK 313586109 3,892
FIRST UNION CORP COMMON STOCK 337358105 3,853
FORD MTR CO DEL COMMON STOCK 345370100 3,407
GANNETT INC COMMON STOCK 364730101 183
GENERAL ELECTRIC CO COMMON STOCK 369604103 12,954
GILLETTE COMMON STOCK 375766102 297
HALLIBURTON CO COMMON STOCK 406216101 3,534
HOME DEPOT INC COMMON STOCK 437076102 9,753
HOUSEHOLD INTL INC COMMON STOCK 441815107 4,106
HUMANA INC COMMON STOCK 444859102 1,756
IBM COMMON STOCK 459200101 514
INTEL CORP COMMON STOCK 458140100 7,840
</TABLE>
<TABLE>
<S> <S> <C> <C>
INTIMATE BRANDS INC COMMON STOCK 461156101 4,071
JACOBS ENGR GROUP INC COMMON STOCK 469814107 4,618
KROGER CO COMMON STOCK 501044101 4,239
LEXMARK COMMON STOCK 529771107 156
MATTEL INC COMMON STOCK 577081102 1,746
MAY DEPT COMMON STOCK 577778103 235
MCDONALDS CORPORATION CS COMMON STOCK 580135101 6,788
MERCK & CO INC COMMON STOCK 589331107 9,831
MICROSOFT CORPORATION COMMON STOCK 594918104 17,692
MILACON COMMON STOCK 598709103 255
MOBIL CORPORATION COMMON STOCK 607059102 5,192
MORGAN STANLEY DN WITTER COMMON STOCK 617446448 2,661
MOTOROLA INC COMMON STOCK 620076109 4,727
NATIONAL CITY CORP COMMON STOCK 635405103 332
PEPSICO INC. COMMON STOCK 713448108 5,733
PHILIP MORRIS COMMON STOCK 718054107 475
PHILIP MORRIS COS INC COMMON STOCK 718154107 4,926
PNC FINL CORP COMMON STOCK 693475105 4,811
PPG INDS INC COMMON STOCK 693506107 4,562
PRIME HOSPITALITY CORP. COMMON STOCK 741917108 107
PROCTER AND GAMBLE CO COMMON STOCK 742718109 5,788
PUBLIC SVC ENTERPRISE COMMON STOCK 744573106 5,285
RALSTON PURINA CO COMMON STOCK 751277104 1,513
RALSTON PURINA CO COMMON STOCK 751277302 1,393
REEBOK INTERNATIONAL LTD COMMON STOCK 758110100 1,199
S & P 500 DEPOSITARY RECEIPT COMMON STOCK 78462F103 3,672
SARA LEE CORPORATION COMMON STOCK 803111103 4,816
SBC COMMUNICACTIONS INC COMMON STOCK 78387G103 6,347
SCHERING-PLOUGH CORP COMMON STOCK 806605101 4,763
SOUTHDOWN INC COMMON STOCK 841297104 2,921
STANDARD REGISTER CO COMMON STOCK 853887107 1,135
STORAGE TECHNOLOGY CORP COMMON STOCK 862111200 2,788
SUN MICROSYSTEMS INC COMMON STOCK 866810104 10,918
SUNTRUST BANKS INC COMMON STOCK 867914103 21,539
TENET HEALTHCARE CORP COMMON STOCK 88033G100 2,064
TIME WARNER INC. COMMON STOCK 887315109 3,576
TORCHMARK CORP COMMON STOCK 891027104 3,488
TRAVELERS PROP CASUALTY COMMON STOCK 893939108 1,752
TYCO INTERNATIONAL INC. COMMON STOCK 902124106 2,109
UST INC COMMON STOCK 902911106 2,613
V F CORP COMMON STOCK 918204108 2,769
WAL-MART STORES INC COMMON STOCK 931142103 7,509
WELLS FARGO AND CO COMMON STOCK 949746101 3,682
____________
376,073
============
</TABLE>
<TABLE>
<CAPTION>
COLUMN 1 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
_______________________________________________________________________________
NAME OF ISSUER SHARES OR INVESTMENT OTHER VOTING
PRINCIPAL SH/ DISCRETION: MANA- AUTHOR-
AMOUNT PRN SOLE GERS ITY: SOLE
_______________________________________________________________________________
<S> <C> <s <S> <S>
ALBERTO CULVER CO CLASS B 90,800 SH X X
ALLIED WASTE INDUSTRIES INC 142,000 SH X X
ALLSTATE CORP 169,300 SH X X
AMERICAN GREETINGS-CL B 6,200 SH X X
AMERICAN HOME PRODUCTS 163,800 SH X X
AMERICAN INTERNATIONAL GROUP 56,850 SH X X
AMERITECH CORP 160,000 SH X X
AMR CORP 19,200 SH X X
ANHEUSER BUSCH 3,900 SH X X
APPLIED MATLS INC 89,700 SH X X
ASCEND COMMUNICATION INC 66,800 SH X X
AT&T 3,500 SH X X
BAXTER INTERNATIONAL INC. 54,500 SH X X
BELLSOUTH CORP 227,000 SH X X
BERGEN BRUNSWIG CORP 122,100 SH X X
BOEING COMPANY 65,250 SH X X
BRISTOL MYERS SQUIBB CO 134,500 SH X X
BURLINGTON NORTHERN INC 54,400 SH X X
CADENCE DESIGN SYSTEM 217,300 SH X X
CARNIVAL CORP 2,800 SH X X
CENDANT CORP COMM 100,000 SH X X
CHASE MANHATTAN CORP 70,500 SH X X
CHEVRON CORPORATION 5,600 SH X X
CHEVRON CORPORATION 59,000 SH X X
CINCINNATI MILACRON 176,500 SH X X
CIRCUIT CITY STORES INC 36,000 SH X X
CISCO SYS INC 65,400 SH X X
CITIGROUP INC. 183,800 SH X X
COMPAQ COMPUTER CORP 157,350 SH X X
COMPLETE BUSINESS SOLUTIONS 38,800 SH X X
CONOCO INC 47,400 SH X X
CUMMINS ENGINE INC 65,000 SH X X
DOW CHEM CO 32,800 SH X X
EDISON INTERNATIONAL 152,100 SH X X
ELECTRONIC DATA SYSTEMS CORPORATION 6,757 SH X X
FEDERAL NATL MTGE ASSN C.S. 56,200 SH X X
FIRST UNION CORP 72,100 SH X X
FORD MTR CO DEL 60,100 SH X X
GANNETT INC 2,900 SH X X
GENERAL ELECTRIC CO 117,100 SH X X
GILLETTE 5,000 SH X X
HALLIBURTON CO 91,800 SH X X
HOME DEPOT INC 156,670 SH X X
HOUSEHOLD INTL INC 90,000 SH X X
HUMANA INC 101,800 SH X X
IBM 2,900 SH X X
INTEL CORP 65,950 SH X X
</TABLE>
<TABLE>
<S> <C> <s <S> <S>
INTIMATE BRANDS INC 84,600 SH X X
JACOBS ENGR GROUP INC 117,100 SH X X
KROGER CO 70,800 SH X X
LEXMARK 1,400 SH X X
MATTEL INC 70,000 SH X X
MAY DEPT 6,000 SH X X
MCDONALDS CORPORATION CS 149,800 SH X X
MERCK & CO INC 122,700 SH X X
MICROSOFT CORPORATION 197,400 SH X X
MILACON 16,200 SH X X
MOBIL CORPORATION 59,000 SH X X
MORGAN STANLEY DN WITTER 27,200 SH X X
MOTOROLA INC 63,800 SH X X
NATIONAL CITY CORP 4,999 SH X X
PEPSICO INC. 146,300 SH X X
PHILIP MORRIS 13,500 SH X X
PHILIP MORRIS COS INC 140,000 SH X X
PNC FINL CORP 85,000 SH X X
PPG INDS INC 88,200 SH X X
PRIME HOSPITALITY CORP. 10,773 SH X X
PROCTER AND GAMBLE CO 59,100 SH X X
PUBLIC SVC ENTERPRISE 138,400 SH X X
RALSTON PURINA CO 56,700 SH X X
RALSTON PURINA CO 52,200 SH X X
REEBOK INTERNATIONAL LTD 75,500 SH X X
S & P 500 DEPOSITARY RECEIPT 28,600 SH X X
SARA LEE CORPORATION 194,600 SH X X
SBC COMMUNICACTIONS INC 134,500 SH X X
SCHERING-PLOUGH CORP 86,200 SH X X
SOUTHDOWN INC 54,400 SH X X
STANDARD REGISTER CO 38,200 SH X X
STORAGE TECHNOLOGY CORP 100,000 SH X X
SUN MICROSYSTEMS INC 87,300 SH X X
SUNTRUST BANKS INC 346,012 SH X X
TENET HEALTHCARE CORP 109,000 SH X X
TIME WARNER INC. 50,500 SH X X
TORCHMARK CORP 110,300 SH X X
TRAVELERS PROP CASUALTY 49,000 SH X X
TYCO INTERNATIONAL INC. 29,400 SH X X
UST INC 100,000 SH X X
V F CORP 58,300 SH X X
WAL-MART STORES INC 81,450 SH X X
WELLS FARGO AND CO 105,000 SH X X
</TABLE>
