UNITED STATES
SECURITIES AND EXCHANGE COMMISISON
Washington, D.C. 20549
FORM 13F-HR
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 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: Kennedy Associates, Inc.
Address: 1215 Fourth Avenue
2400 Financial Center
Seattle, WA 98161
13F File Number: 34-14852
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, list, and tables, are considered integral parts of
this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: James H. Griffin
Title: Executive Vice President, Secretary/Treasurer
Phone: 206-624-9640
Signature, Please, and Date of Signing:
James H. Griffin Seattle, Washington February 7, 2000
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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13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 70
Form 13F Information Table Value Total: $296,830
List of Other Included Managers:
No. 13F File Number Name
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<TABLE>
VALUE SHARES/ SH/ PUT/ INVSMT OTHER -----VOTING AUTHORITY-----
NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
<C> <C>
D ABBOTT LABS COM 002824100 2444 67300 SH SOLE 63300 0 4000
D AMERICAN HOME PRODS CORP COM 026609107 10346 263600 SH SOLE 263600 0
D AMERICAN INTL GROUP INC COM 026874107 5754 53215 SH SOLE 51403 0 1812
D AMERITECH CORP NEW COM 030954101 14 200 SH SOLE 0 0 200
D AT&T CORP COM 001957109 59 1155 SH SOLE 0 0 1155
D BAKER HUGHES INC COM 057224107 2026 96200 SH SOLE 93100 0 3100
D BECTON DICKINSON & CO COM 075887109 9374 348000 SH SOLE 325100 0 22900
D BELLSOUTH CORP COM 079860102 14 304 SH SOLE 0 0 304
D BERKSHIRE HATHAWAY INC D COM 084670207 2688 1469 SH SOLE 1469 0
D BOEING CO COM 097023105 4769 115100 SH SOLE 111000 0 4100
D BP AMOCO P L C COM 055622104 126 2116 SH SOLE 0 0 2116
D BRISTOL MYERS SQUIBB CO COM 110122108 308 4800 SH SOLE 0 0 4800
D BURLINGTON NORTHN SANTA COM 12189T104 44 1800 SH SOLE 0 0 1800
D BURLINGTON RES INC COM 122014103 3 104 SH SOLE 0 0 104
D CHEVRON CORPORATION COM 166751107 147 1700 SH SOLE 0 0 1700
D CITIGROUP INC COM 172967101 6928 124400 SH SOLE 120800 0 3600
D COCA COLA CO COM 191216100 35 600 SH SOLE 600 0
D COMPUTER SCIENCES CORP COM 205363104 16313 172400 SH SOLE 169800 0 2600
D CONAGRA INC COM 205887102 4583 202000 SH SOLE 195600 0 6400
D CONOCO INC COM 208251306 198 8000 SH SOLE 8000 0
D DELPHI AUTOMOTIVE SYS CO COM 247126105 2048 130000 SH SOLE 126000 0 4000
D DOW CHEM CO COM 260543103 17 126 SH SOLE 0 0 126
D DU PONT E I DE NEMOURS & COM 263534109 7760 117800 SH SOLE 115900 0 1900
D EASTMAN KODAK CO COM 277461109 7 99 SH SOLE 0 0 99
D ELECTRONIC DATA SYS NEW COM 285661104 6453 96400 SH SOLE 94600 0 1800
D EMERSON ELEC CO COM 291011104 14246 248300 SH SOLE 225100 0 23200
D EXXON MOBIL CORP COM 30231G102 8533 105916 SH SOLE 103000 0 2916
D FEDERAL HOME LN MTG CORP COM 313400301 9022 191700 SH SOLE 169500 0 22200
D FEDERAL NATL MTG ASSN COM 313586109 9709 155500 SH SOLE 152900 0 2600
D FORTUNE BRANDS INC COM 349631101 7 224 SH SOLE 0 0 224
D GENERAL ELEC CO COM 369604103 10860 70180 SH SOLE 66100 0 4080
D GENERAL MLS INC COM 370334104 86 2400 SH SOLE 0 0 2400
D GTE CORP COM 362320103 113 1600 SH SOLE 0 0 1600
D HERCULES INC COM 427056106 6843 245500 SH SOLE 239900 0 5600
D HEWLETT PACKARD CO COM 428236103 5028 44200 SH SOLE 42800 0 1400
D HONEYWELL INTL INC COM 438516106 7701 133500 SH SOLE 130700 0 2800
D HUSSMANN INTL INC COM 448990101 1 63 SH SOLE 0 0 63
D INGERSOLL-RAND CO COM 456866102 5468 99300 SH SOLE 97700 0 1600
D INTEL CORP COM 458140100 7803 94800 SH SOLE 90800 0 4000
D INTERNATIONAL BUSINESS M COM 459200101 4110 38100 SH SOLE 34300 0 3800
D INTERNATIONAL HOME FOODS COM 459655106 4865 280000 SH SOLE 269800 0 10200
D INTL PAPER CO COM 460146103 4306 76300 SH SOLE 74900 0 1400
D JOHNSON & JOHNSON COM 478160104 8738 93700 SH SOLE 93700 0
D KIMBERLY CLARK CORP COM 494368103 12878 196800 SH SOLE 192900 0 3900
D MARSH & MCLENNAN COS INC COM 571748102 75 787 SH SOLE 0 0 787
D MATTEL INC COM 577081102 4091 311700 SH SOLE 305200 0 6500
D MCI WORLDCOM INC COM 55268B106 10307 194250 SH SOLE 191250 0 3000
D MEAD CORP COM 582834107 4700 108200 SH SOLE 106100 0 2100
D MERCK & CO INC COM 589331107 215 3200 SH SOLE 0 0 3200
D MINNESOTA MNG & MFG CO COM 604059105 108 1100 SH SOLE 0 0 1100
D NORDSTROM INC COM 655664100 53 2000 SH SOLE 0 0 2000
D NORTHRIM BK ALASKA COM 666764105 701 70576 SH SOLE 70576 0
D PACIFICORP COM 695114108 18 900 SH SOLE 0 0 900
D PARKER HANNIFIN CORP COM 701094104 2981 58100 SH SOLE 56400 0 1700
D PEPSI BOTTLING GROUP INC COM 713409100 6660 402100 SH SOLE 392000 0 10100
D PEPSICO INC COM 713448108 11876 336900 SH SOLE 295800 0 41100
D PHARMACIA & UPJOHN INC COM 716941109 9914 220300 SH SOLE 214300 0 6000
D PRAXAIR INC COM 74005P104 6435 127900 SH SOLE 124500 0 3400
D PUBLIC SERVICE ENTERPRIS COM 744996109 35 900 SH SOLE 0 0 900
D SAFECO CORP COM 786429100 224 9000 SH SOLE 0 0 9000
D SBC COMMUNICATIONS INC COM 78387G103 7561 155104 SH SOLE 151100 0 4004
D SCHLUMBERGER LTD COM 806857108 6718 119700 SH SOLE 117200 0 2500
D TEXTRON INC COM 883203101 31 400 SH SOLE 0 0 400
D TRANSOCEAN SEDCO FOREX I COM G90078109 780 23168 SH SOLE 22684 0 484
D TRICON GLOBAL RESTAURANT COM 895953107 10 270 SH SOLE 0 0 270
D UNION PAC CORP COM 907818108 1983 45400 SH SOLE 45400 0
D UNOCAL CORP COM 915289102 6743 200900 SH SOLE 196200 0 4700
D UNUMPROVIDENT CORP COM 91529Y106 7358 229500 SH SOLE 210300 0 19200
D WEYERHAEUSER CO COM 962166104 4475 62322 SH SOLE 60900 0 1422
D WHITMAN CORP NEW COM 96647R107 2 126 SH SOLE 0 0 126
S REPORT SUMMARY 70 DATA RECORDS 296830 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
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