UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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: Aster Investment Management Co., Inc.
Address: 60 East Sir Francis Drake Blvd., Suite 306
Larkspur, CA 94939
13F File Number: 28-01919
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: Richard F. Aster, Jr.
Title: President
Phone: 415-461-8770
Signature, Place and Date of Signing:
Richard F. Aster, Jr. Larkspur, CA April 12, 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.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 122
Form 13F Information Table Value Total: $259,925
List of Other Included Managers:
No. 13F File Number Name
--- --------------- ------------------------------
01 28-03630 Aster Capital Management, Inc.
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<TABLE>
FORM 13F INFORMATION TABLE
For the Calendar Year or Quarter Ended: March 31, 1999
<CAPTION>
Title Market Voting Authority
of Value Share Investment Other ----------------------------
Security Class CUSIP (x000) Quantity Discretion Managers Sole Shared None
- ------------------------- ----- --------- --------- -------- ---------- -------- -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C>
ANTEC Corporation COM 03664P105 2,015 93,700 SOLE 93,700
ANTEC Corporation COM 03664P105 4,743 220,600 DEFINED 1 220,600
AVX Corporation COM 002444107 592 37,000 DEFINED 1 37,000
Active Voice Corporation COM 004938106 289 30,000 DEFINED 1 30,000
Adaptec, Inc. COM 00651F108 570 25,000 DEFINED 1 25,000
Agrium Inc. COM 008916108 551 60,000 DEFINED 1 60,000
American Healthcorp, Inc. COM 02649V104 342 44,800 DEFINED 1 44,800
American Management Sys. COM 027352103 2,179 63,850 SOLE 63,850
American Management Sys. COM 027352103 4,487 131,500 DEFINED 1 131,500
Anadigics, Inc. COM 032515108 441 25,000 DEFINED 1 25,000
Annuity and Life Re Ltd. COM G03910109 950 41,550 SOLE 41,550
Annuity and Life Re Ltd. COM G03910109 2,516 110,000 DEFINED 1 110,000
Arden Realty, Inc. COM 039793104 1,484 66,700 SOLE 66,700
Arden Realty, Inc. COM 039793104 5,240 235,500 DEFINED 1 235,500
Atlantic Coast Airlines COM 048396105 1,602 56,950 SOLE 56,950
Atlantic Coast Airlines COM 048396105 4,078 145,000 DEFINED 1 145,000
Bed, Bath & Beyond COM 075896100 2,460 67,400 SOLE 67,400
Bed, Bath & Beyond COM 075896100 4,927 135,000 DEFINED 1 135,000
Beverly Enterprises Inc. COM 087851101 634 123,768 SOLE 123,768
Beverly Enterprises Inc. COM 087851101 2,050 400,000 DEFINED 1 400,000
Buffets Inc. COM 119882108 1,037 105,000 DEFINED 1 105,000
Burlington Coat Factory COM 121579106 579 49,300 DEFINED 1 49,300
CBRL Group, Inc. COM 12489V106 940 52,244 SOLE 52,244
CBRL Group, Inc. COM 12489V106 3,150 175,000 DEFINED 1 175,000
CEC Entertainment, Inc. COM 825388309 2,217 61,800 SOLE 61,800
CEC Entertainment, Inc. COM 825388309 5,023 140,000 DEFINED 1 140,000
Catalina Marketing Group COM 148867104 2,750 32,020 SOLE 32,020
Catalina Marketing Group COM 148867104 5,582 65,000 DEFINED 1 65,000
Coherent, Inc. COM 192479103 550 40,000 DEFINED 1 40,000
Commscope, Inc. COM 203372107 523 25,000 DEFINED 1 25,000
Convergys Corp. COM 212485106 574 33,500 DEFINED 1 33,500
Cost Plus, Inc. COM 221485105 1,858 63,262 SOLE 63,262
Cost Plus, Inc. COM 221485105 5,508 187,500 DEFINED 1 187,500
Discount Auto Parts, Inc. COM 254642101 527 24,500 DEFINED 1 24,500
Expeditors Int'l of Wash. COM 302130109 2,462 45,600 SOLE 45,600
Expeditors Int'l of Wash. COM 302130109 4,590 85,000 DEFINED 1 85,000
Extended Stay America COM 30224P101 945 92,800 SOLE 92,800
Extended Stay America COM 30224P101 3,107 305,000 DEFINED 1 305,000
Family Dollar Stores, Inc. COM 307000109 2,829 123,005 SOLE 123,005
Family Dollar Stores, Inc. COM 307000109 4,848 210,800 DEFINED 1 210,800
Foodmaker, Inc. COM 344839204 1,608 63,050 SOLE 63,050
Foodmaker, Inc. COM 344839204 4,284 168,000 DEFINED 1 168,000
Gartner Group, Inc. COM 366651107 1,162 51,500 SOLE 51,500
Gartner Group, Inc. COM 366651107 3,903 173,000 DEFINED 1 173,000
Great Atlantic & Pacific COM 390064103 543 18,100 DEFINED 1 18,100
Haemonetics Corporation COM 405024100 549 35,000 DEFINED 1 35,000
Health Management Assoc. COM 421933102 1,417 116,265 SOLE 116,265
Health Management Assoc. COM 421933102 2,864 235,000 DEFINED 1 235,000
Heilig-Meyers Company COM 422893107 427 82,336 SOLE 82,336
Heilig-Meyers Company COM 422893107 1,839 354,600 DEFINED 1 354,600
<PAGE>
ITI Technologies, Inc. COM 450564109 555 18,500 DEFINED 1 18,500
Imation Corporation COM 45245A107 530 32,100 DEFINED 1 32,100
KEMET Corporation COM 488360108 1,204 104,700 SOLE 104,700
KEMET Corporation COM 488360108 3,450 300,000 DEFINED 1 300,000
Kilroy Realty Corporation COM 49427F108 1,045 51,000 SOLE 51,000
Kilroy Realty Corporation COM 49427F108 2,255 110,000 DEFINED 1 110,000
Kohl's Corporation COM 500255104 3,778 53,300 SOLE 53,300
Kohl's Corporation COM 500255104 6,024 85,000 DEFINED 1 85,000
Marine Drilling Co. COM 568240204 725 65,900 SOLE 65,900
Marine Drilling Co. COM 568240204 3,025 275,000 DEFINED 1 275,000
Mazel Stores, Inc. COM 578792103 376 39,550 SOLE 39,550
Mazel Stores, Inc. COM 578792103 1,425 150,000 DEFINED 1 150,000
Mentor Graphics Corp. COM 587200106 621 46,000 DEFINED 1 46,000
Molex Inc. (Class A) COM 608554200 1,734 67,004 SOLE 67,004
Molex Inc. (Class A) COM 608554200 3,881 150,000 DEFINED 1 150,000
National Data Corporation COM 635621105 2,526 60,134 SOLE 60,134
National Data Corporation COM 635621105 5,040 120,000 DEFINED 1 120,000
Newbridge Networks COM 650901101 630 20,000 DEFINED 1 20,000
Nu Skin Enterprises, Inc. COM 67018T105 1,432 62,600 SOLE 62,600
Nu Skin Enterprises, Inc. COM 67018T105 4,118 180,000 DEFINED 1 180,000
P.F. Chang's China Bistro COM 69333Y108 1,325 43,450 SOLE 43,450
P.F. Chang's China Bistro COM 69333Y108 3,355 110,000 DEFINED 1 110,000
PETsMART, Inc. COM 716768106 1,279 159,250 SOLE 159,250
PETsMART, Inc. COM 716768106 4,157 517,650 DEFINED 1 517,650
Pacific Century Financial COM 694058108 2,132 102,132 SOLE 102,132
Pacific Century Financial COM 694058108 5,824 279,000 DEFINED 1 279,000
Pall Corp COM 696429307 409 24,700 DEFINED 1 24,700
Paychex, Inc. COM 704326107 2,225 46,896 SOLE 46,896
Paychex, Inc. COM 704326107 4,507 95,000 DEFINED 1 95,000
Pharmacia & Upjohn, Inc. COM 716941109 593 9,500 DEFINED 1 9,500
Precision Drilling Corp. COM 74022D100 1,500 115,400 SOLE 115,400
Precision Drilling Corp. COM 74022D100 3,666 282,000 DEFINED 1 282,000
Province Healthcare Co. COM 743977100 562 30,400 SOLE 30,400
Province Healthcare Co. COM 743977100 1,665 90,000 DEFINED 1 90,000
Regis Corporation COM 758932107 2,181 81,900 SOLE 81,900
Regis Corporation COM 758932107 4,753 178,500 DEFINED 1 178,500
Sanderson Farms, Inc. COM 800013104 318 26,500 DEFINED 1 26,500
Scientific Games Holdings COM 808747109 748 42,150 SOLE 42,150
Scientific Games Holdings COM 808747109 2,554 143,900 DEFINED 1 143,900
Shoe Carnival, Inc. COM 824889109 363 29,000 DEFINED 1 29,000
Sonic Corporation COM 835451105 1,510 56,050 SOLE 56,050
Sonic Corporation COM 835451105 3,906 145,000 DEFINED 1 145,000
Sotheby's Holdings, Inc. COM 835898107 2,241 69,234 SOLE 69,234
Sotheby's Holdings, Inc. COM 835898107 4,125 127,400 DEFINED 1 127,400
Suburban Lodges of America COM 864444104 251 36,400 SOLE 36,400
Suburban Lodges of America COM 864444104 794 115,000 DEFINED 1 115,000
Sunglass Hut International COM 86736F106 315 30,000 DEFINED 1 30,000
Superior Services, Inc. COM 868316100 1,207 60,900 SOLE 60,900
Superior Services, Inc. COM 868316100 3,665 185,000 DEFINED 1 185,000
Synopsys, Inc. COM 871607107 1,712 31,850 SOLE 31,850
Synopsys, Inc. COM 871607107 4,569 85,000 DEFINED 1 85,000
Tektronix, Inc. COM 879131100 2,409 95,400 SOLE 95,400
Tektronix, Inc. COM 879131100 6,566 260,050 DEFINED 1 260,050
Teltrend, Inc. COM 87969R106 551 35,000 DEFINED 1 35,000
Tom Brown, Inc. New COM 115660201 667 55,000 DEFINED 1 55,000
Town and Country Trust COM 892081100 1,631 108,270 SOLE 108,270
Town and Country Trust COM 892081100 4,142 275,000 DEFINED 1 275,000
Tyson Foods, Inc. Class A COM 902494103 602 29,100 DEFINED 1 29,100
Ultramar Diamond Shamrock COM 904000106 497 23,000 DEFINED 1 23,000
<PAGE>
Universal Electronics COM 913483103 438 35,000 DEFINED 1 35,000
Vanguard Cellular Systems COM 922022108 683 25,000 DEFINED 1 25,000
Wackenhut Correction Corp. COM 929798106 1,087 56,300 SOLE 56,300
Wackenhut Correction Corp. COM 929798106 3,100 160,500 DEFINED 1 160,500
Wang Laboratories COM 93369N109 497 25,300 DEFINED 1 25,300
West Marine, Inc. COM 954235107 870 98,000 SOLE 98,000
West Marine, Inc. COM 954235107 3,426 386,000 DEFINED 1 386,000
Williams-Sonoma, Inc. COM 969904101 1,088 38,500 SOLE 38,500
Williams-Sonoma, Inc. COM 969904101 1,836 65,000 DEFINED 1 65,000
Xircom, Inc. COM 983922105 377 15,000 DEFINED 1 15,000
Zale Corporation COM 988858106 1,564 45,750 SOLE 45,750
Zale Corporation COM 988858106 4,280 125,200 DEFINED 1 125,200
Zoll Medical Corporation COM 989922109 484 44,000 DEFINED 1 44,000
</TABLE>
