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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: McDonald Investments Inc.
Address: 800 Superior Ave.
Cleveland, Ohio 44114
13F File Number: 28-231
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person
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FORM 13F SPECIAL ELECTRONIC FILING INSTRUCTIONS Continued
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: Ken Fox
Title: Compliance Officer
Phone: 216-263-4766
Signature, Place, and Date of Signing:
Ken Fox Cleveland, Ohio
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.
March 1999
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FORM 13F SPECIAL ELECTRONIC FILING INSTRUCTIONS Continued
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 178
Form 13F Information Table Value Total: $181,795,182
List of Other Included Managers:
March 1999 H-8
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TITLE OF SHARES/
NAME OF ISSUER CLASS CUSIP PRN AMT VALUE
- -------------- -------- ----- ------- -----
AFLAC INC COM 001055102 4,000.00 208,000.00
A T & T CORP COM 001957109 4,974.00 413,155.36
AT & T CAPITAL CORP 8.25% SR COM 00206J209 8,000.00 210,000.00
ABACUS MINERALS CORP COM 00255P106 20,000.00 3,700.00
AIRTRAN HOLDINGS INC COM 00949P108 12,500.00 55,475.00
ALTERNATIVE LIVING COM 02145K107 63,000.00 1,228,500.00
AMBAC FINANCIAL GROUP INC COM 023139108 6,000.00 329,250.00
AMERICA ONLINE INC DEL COM 02364J104 4,960.00 623,412.48
AMERICAN BANKERS COM 024456105 11,800.00 615,075.00
AMERICAN EXPRESS CO COM 025816109 2,000.00 241,500.00
AMERICAN HOME PRODUCTS CORP COM 026609107 3,300.00 220,070.40
AMERICAN INTERNATIONAL COM 026874107 5,625.00 655,666.87
AMERITECH CORPORATION COM 030954101 4,000.00 241,252.00
ANCHOR BANCORP WISCONSIN COM 032839102 11,500.00 198,375.00
ANICOM INC COM 035250109 20,000.00 133,760.00
APPALACHIAN POWER CO 7.30% COM 037735784 11,900.00 295,268.75
APPLIED INNOVATION INC COM 037916103 20,009.00 70,031.50
BP AMOCO PLC COM 055622104 10,500.00 1,054,599.00
BANK OF NEW YORK COMPANY INC COM 064057102 6,800.00 244,800.00
BANK ONE CORPORATION COM 06423A103 114,572.00 6,315,781.48
BANK UNITED FINANCIAL CORP COM 06652B103 113,600.00 695,800.00
BELLSOUTH CORP COM 079860102 135,023.00 5,552,820.87
BINDLEY WESTERN
INDUSTRIES INC COM 090324104 18,695.00 533,985.27
BLUEGREEN CORPORATION COM 096231105 100,000.00 562,500.00
BRANDYWINE REALTY TRUST NEW COM 105368203 15,215.00 247,243.75
BRIGHTPOINT INC COM 109473108 25,000.00 145,325.00
BRISTOL MYERS SQUIBB CO COM 110122108 3,800.00 226,100.00
CFSB BANCORP COM 124927104 21,071.00 529,408.87
CJF HOLDINGS INC COM 125609990 93,284.00 .00
CABLEVISION SYSTEMS CORP COM 12686C109 4,000.00 303,000.00
CAMCO FINANCIAL CORP COM 132618109 22,587.00 316,218.00
CANISCO RESOURCES COM 137587101 13,000.00 26,000.00
CENDANT CORP FELINE "PRIDE" INC COM 151313301 9,380.00 269,093.44
CENTENNIAL TECHNOLOGIES INC COM 151392107 50,000.00 32,500.00
CHAI NA TA NEW COM 15745J205 29,732.00 16,724.25
CHARTER ONE FINANCIAL INC COM 160903100 107,302.00 3,116,321.05
CHARMING SHOPPES INC COM 161133103 30,000.00 122,820.00
CINCINNATI BELL INC COM 171870108 16,200.00 369,570.60
CINCINNATI FINANCIAL CORP COM 172062101 15,000.00 558,750.00
CINERGY CORP COM 172474108 12,047.00 341,086.71
CISCO SYSTEMS INC COM 17275R102 6,300.00 662,684.40
CLEAR CHANNEL COMMUNICATIONS COM 184502102 10,000.00 650,630.00
CLEVELAND INDIANS BASEBALL COM 186202107 568,479.00 4,405,712.25
COMERICA INC COM 200340107 5,000.00 320,315.00
CONLEY CANITANO & ASSOCIATES COM 207374992 27,010.00 .00
CONSECO INC COM 208464107 90,660.00 2,895,499.08
CONVERGENT CAPITAL MANAGEMENT COM 21247M993 300,000.00 .00
CONVERGENT CORPORATION COM 212485106 16,200.00 288,570.60
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TITLE OF SHARES/
NAME OF ISSUER CLASS CUSIP PRN AMT VALUE
- -------------- -------- ----- ------- -----
COOPER TIRE AND RUBBER CO COM 216831107 22,000.00 424,886.00
DELL COMPUTER CORPORATION COM 247025109 7,400.00 280,275.00
DOUGHTIES FOODS INC COM 258715101 11,268.00 154,935.00
DUKE REALTY INVESTMENT INC COM 264411505 14,400.00 307,800.00
EAGLE PICHER INDUSTRIES INC COM 269803102 20,071.00 1,505.32
EASTMAN KODAK CO COM 277461109 6,800.00 443,700.00
ECHOSTAR COMMUNICATIONS COM 278762109 4,000.00 275,500.00
ELDER-BEERMAN STORES CORP NEW COM 284470101 16,754.00 131,937.75
EMERALD FINANCIAL CORP COM 290927102 43,200.00 864,000.00
EMMIS COMMUNICATIONS CORP COM 291525103 9,000.00 406,125.00
EMONS TRANSPORTATION
GROUP INC COM 291575207 12,528.00 32,886.00
EVOLVING SYSTEMS INCORPORATED COM 30049R100 59,500.00 312,375.00
EXXON CORP COM 302290101 4,000.00 286,252.00
FAIRFIELD COMMUNITY INC COM 304231301 33,000.00 321,750.00
THE FARMERS BANCORP COM 30887A102 5,300.00 247,775.00
FEDERAL HOME LOAN MORTGAGE COM 313400301 16,800.00 997,500.00
FEDERAL NATIONAL MORTGAGE COM 313586109 5,800.00 414,700.00
FIDELITY FINANCIAL OF COM 31614P107 27,287.00 349,628.33
FIFTH THIRD BANCORP OHIO COM 316773100 87,018.00 6,074,987.61
FINISHMASTER INC COM 31787P108 14,000.00 80,500.00
FINET HOLDING CORP NEW COM 317922300 15,000.00 75,000.00
FINISH LINE CLASS A COM 317923100 20,000.00 270,000.00
FIRST CITIZENS COM 31946M103 5,550.00 421,800.00
FIRST FINANCIAL CORP COM 320218100 14,137.00 584,313.50
FIRST INTERNET BANK
OF INDIANA COM 320545999 30,000.00 300,000.00
FIRST INDIANA CORP COM 32054R108 174,092.00 3,307,748.00
FIRST MIDWEST BANCORP INC COM 320867104 38,140.00 1,436,980.00
FIRST NILES FINANCIAL INC COM 33582N106 11,300.00 125,712.50
FIRSTMERIT CORP COM 337915102 77,474.00 2,096,678.85
FIRST ENERGY CORP COM 337932107 580,000.00 16,711,540.00
FRONTIER CORP COM 35906P105 5,000.00 258,440.00
GENERAL ELECTRIC CO COM 369604103 23,800.00 2,565,949.40
GENERAL MOTORS CORP COM 370442105 2,300.00 202,257.40
GIBSON GREETINGS INC COM 374827103 10,007.00 61,242.84
GILLETTE CO COM 375766102 5,400.00 343,240.20
GLIATECH INC COM 37929C103 10,810.00 245,257.28
GLOBAL CONNECTIONS INC COM 379317100 20,000.00 92,500.00
B F GOODRICH CO COM 382388106 40,000.00 1,402,500.00
GREENWELL RESOURCES CORP COM 396900102 20,000.00 .00
GREIF BROTHERS CORP COM 397624107 13,536.00 345,168.00
HANOVER DIRECT INC COM 410783104 33,600.00 81,916.80
HARLEY-DAVIDSON INC COM 412822108 6,000.00 339,000.00
HAWKINS CHEMICAL COM 420200107 10,500.00 105,000.00
HEALTH RISK MANAGEMENT INC COM 421935107 20,000.00 148,760.00
HOME FEDERAL BANCORP INDIANA COM 436926109 14,820.00 326,040.00
ICS COMMUNICATIONS INC COM 449246107 37,500.00 639,862.50
IMATRON INC COM 452906100 17,500.00 27,417.50
INSITUFORM EAST INC COM 457662104 31,584.00 39,480.00
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TITLE OF SHARES/
NAME OF ISSUER CLASS CUSIP PRN AMT VALUE
- -------------- -------- ----- ------- -----
INTEGRATED WASTE
SERVICES INC COM 457952109 20,000.00 200.00
INTEL CORP COM 458140100 16,500.00 1,925,352.00
INTERLEAF INC COM 458729209 69,000.00 228,597.00
INTERNATIONAL BUSINESS COM 459200101 1,200.00 206,850.00
INTERTECHNEGROUP INCORPORATED COM 460993207 10,780.00 40,000.26
JOHNSON & JOHNSON COM 478160104 6,350.00 579,837.55
KARRINGTON HEALTH INC COM 485762108 20,000.00 262,500.00
KEYCORP NEW COM 493267108 43,600.00 1,332,546.80
LAFAYETTE BANCORPORATION COM 505893107 151,836.00 6,112,917.36
LILLY ELI & CO COM 532457108 45,502.00 3,842,097.87
LITCHFIELD FINANCIAL CORP COM 536619109 27,275.00 463,675.00
MCI WORLDCOM INC COM 55268B106 10.445.00 938,744.37
MARINER POST ACCUTE NETWORK COM 568459101 101,805.00 241,786.87
MARSH SUPERMARKETS INC COM 571783208 31,871.00 370,500.37
MCKESSON HBOC INC COM 58155Q103 6,466.00 435,646.74
MEDTRONIC INC COM 585055106 152,267.00 10,630,216.07
MELLON BANK CORP COM 585509102 22,400.00 1,568,000.00
MERCK & COMPANY INC COM 589331107 16,000.00 1,286,000.00
MESA LABORATORES INC COM 59064R109 11,000.00 55,000.00
METAL MANAGEMENT INC COM 591097100 37,709.00 .00
MICROSOFT CORP COM 594918104 8,220.00 1,464,187.50
MILLER EXPLORATION COMPANY COM 600533103 12,300.00 40,749.90
MOBIL CORP COM 607059102 6,029.00 536,581.00
NBT BANCORP INC COM 628778102 11,608.00 258,278.00
NIPSCO INDUSTRIES INC COM 629140104 99,576.00 2,806,848.28
NN BALL & ROLLER INC COM 629305103 20,653.00 108,428.25
NATIONAL CITY CORP COM 635405103 20,519.00 1,382,467.62
NATIONAL HEALTH INVESTORS INC COM 63633D104 9,883.00 228,544.37
OLD KENT FINANCIAL CORP COM 679833103 37,648.00 1,590,628.00
OLD NATIONAL BANCORP COM 680033107 19,141.00 878,686.74
OMNICARE INC COM 681904108 30,000.00 1,076,250.00
1-800 CONTACTS INC COM 681977104 13,899.00 152,889.00
PNC BANK CORP COM 693475105 39,500.00 2,204,613.50
PSC INC COM 69361E107 76,000.00 665,000.00
PERFORMANCE TECHNOLOGY INC COM 71376K102 51,700.00 594,550.00
PETSMART INC COM 716768106 10,500.00 97,125.00
PFIZER INC COM 717081103 6,500.00 877,500.00
PHOENIX TECHNOLOGIES LTD COM 719153108 42,000.00 343,896.00
PROCTER & GAMBLE CO COM 742718109 16,156.00 1,603,483.00
PROGRESSIVE CORP OHIO COM 743315103 6,800.00 977,500.00
PROVIDENT FINANCIAL GROUP INC COM 743866105 60,345.00 2,355,147.50
QUALITY DINING INC COM 74756P105 14,200.00 39,050.00
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TITLE OF SHARES/
NAME OF ISSUER CLASS CUSIP PRN AMT VALUE
- -------------- -------- ----- ------- -----
RANGE RECOURCES CORP COM 75281A109 35,000.00 111,580.00
RENTRAK CORPORATION COM 760174102 42,000.00 126,000.00
SLI INC COM 78442T108 20,000.00 415,000.00
STANDARD & POORS DEPOSITORY COM 78462F103 4,000.00 514,252.00
ST PAUL BANCORP INC COM 792848103 10,522.00 222,929.61
SANTA FE ENERGY RESOURCES INC COM 802012104 32,000.00 226,016.00
SARA LEE CORP COM 803111103 343,310.00 8,968,973.74
SCAN GRAPHICS INC COM 805893302 20,000.00 45,000.00
SCHERING PLOUGH CORPORATION COM 806605101 13,046.00 726,505.64
SEAWAY FOOD TOWN INC COM 812744100 10,970.00 149,466.25
SENTEX SENSING TECHNOLOGY INC COM 817268105 24,141.00 844.93
SIMON PROPERTY GROUP INC. COM 828806109 44,150.00 1,136,862.50
STAR MULTI CARE SERVICE INC COM 855156105 12,174.00 17,500.12
STARBUCKS CORPORATION COM 855244109 16,000.00 454,000.00
STATE AUTO FINANCIAL CORP COM 855707105 53,061.00 543,875.25
STEEL DYNAMICS INC COM 858119100 155,581.00 256,139.58
SUNRISE ASSISTED LIVING INC COM 86768K106 6,195.00 256,318.12
SUNTERRA CORP COM 86787D109 50,000.00 496,900.00
SYMIX SYSTEMS INC COM 871535100 15,274.00 250,111.75
TELEPHONE & DATA SYSTEMS INC COM 879433100 419,050.00 23,885,850.00
THORNBURG MORTGAGE ASSET COM 885218107 13,000.00 113,750.00
TIME WARNER INC COM 887315109 57,644.00 3,966,656.56
TRICO MARINE SERVICES INC COM 896106101 18,000.00 95,634.00
UNB CORP COM 903056109 10,000.00 208,130.00
US LEC CORPORATION CLASS A COM 90331S109 18,000.00 308,250.00
UNION ACCEPTANCE CORP A COM 904832102 13,100.00 80,237.50
VERAMARK TECHNOLOGIES INC COM 923351100 228,000.00 1,439,364.00
VESTAUR SECURITIES INC COM 925464109 13,000.00 190,944.00
VIACOM INC CLASS A COMMON COM 925524100 25,600.00 2,174,412.80
WABASH NATIONAL CORP COM 929566107 25,000.00 315,625.00
WALGREEN CO COM 931422109 8,000.00 239,000.00
WARNER LAMBERT CO COM 934488107 3,000.00 208,500.00
WESTERN BANCORP COM 957683105 37,185.00 1,115,550.00
WINTON FINANCIAL CORPORATION COM 976446104 16,000.00 220,000.00