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.
[X] adds new holdings
entries.
Institutional Investment Manager Filing this Report:
Name: Zacks Investment Management_____________
Address: 155 North Wacker -2nd Floor_______________
Chicago, Illinois_________________________
60606_____________________________________
Form 13F File Number: 28-_80140592___________
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: Ken Levy__________________________________
Title: Vice President___________________________
Phone: 312-630-9880 x121________________________
Signature, Place, and Date of Signing:
Ken Levy________ Chicago, IL_______________ 8/11/99___
[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.)
<PAGE>
[ ] 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).)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name
28-____________ ________________________________
[Repeat as necessary.]
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0_____________
Form 13F Information Table Entry Total: 148______________
Form 13F Information Table Value Total: $304371_________________
(thousands)
List of Other Included Managers: NONE
Provide a numbered list of the name(s) and 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.
[If there are no entries in this list, state "NONE" and omit the
column headings and list entries.]
No. Form 13F File Number Name
____ 28-____________ ________________________
[Repeat as necessary.
<PAGE>
<TABLE>
<CAPTION>
FORM 13-F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
- -------------- ----------- --------- --------- ------------------ ---------- -------- ---------------------
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Alcoa Inc C. Stock 013817101 1943 31400 SH Sole None 31400 0 0
Apple Computer C. Stock 037833100 3543 76500 SH Sole None 76500 0 0
Action Perform C. Stock 004933107 7 200 SH Sole None 200 0 0
Adobe Systems C. Stock 00724F101 2431 29600 SH Sole None 29600 0 0
Adaptec C. Stock 00651F108 1496 42450 SH Sole None 42450 0 0
Amer Eagle Outf C. Stock 02553E106 1401 30800 SH Sole None 30800 0 0
Aflac Inc C. Stock 001055102 2317 48400 SH Sole None 48400 0 0
Allergan Inc C. Stock 018490102 1560 14050 SH Sole None 14050 0 0
Alpha Inds C. Stock 020753109 1993 41850 SH Sole None 41850 0 0
Appld Matls Inc C. Stock 038222105 1895 25650 SH Sole None 25650 0 0
Amer Mgmt Sys C. Stock 027352103 1701 53150 SH Sole None 53150 0 0
Anntaylor Stres C. Stock 036115103 338 7500 SH Sole None 7500 0 0
Antec Corp C. Stock 03664P105 610 19150 SH Sole None 19150 0 0
Acnielsen Corp C. Stock 004833109 2394 79150 SH Sole None 79150 0 0
Amer Std -Del C. Stock 029712106 1493 31100 SH Sole None 31100 0 0
Avis Rent A Car C. Stock 053790101 3389 116350 SH Sole None 116350 0 0
Avon Prods Inc C. Stock 054303102 1565 28200 SH Sole None 28200 0 0
Best Buy C. Stock 086516101 1622 24025 SH Sole None 24025 0 0
Bard C R Inc C. Stock 067383109 2670 55850 SH Sole None 55850 0 0
Ball Corp C. Stock 058498106 2189 51800 SH Sole None 51800 0 0
Barr Labs C. Stock 068306109 3722 93350 SH Sole None 93350 0 0
Boston Scientif C. Stock 101137107 3368 76650 SH Sole None 76650 0 0
Anheuser Busch C. Stock 035229103 2777 39150 SH Sole None 39150 0 0
Citigroup Inc C. Stock 172967101 4705 99050 SH Sole None 99050 0 0
Comp Associates C. Stock 204912109 1768 32150 SH Sole None 32150 0 0
Canandaigua -A C. Stock 137219200 1535 29300 SH Sole None 29300 0 0
Cordant Tech C. Stock 218412104 2318 51300 SH Sole None 51300 0 0
Atlas Air Inc C. Stock 049164106 1556 48250 SH Sole None 48250 0 0
Check Pt Softw C. Stock M22465104 1952 36450 SH Sole None 36450 0 0
Chase Manha-New C. Stock 16161A108 1546 17850 SH Sole None 17850 0 0
Comverse Tech C. Stock 205862402 3980 52800 SH Sole None 52800 0 0
Calpine Corp C. Stock 131347106 311 5750 SH Sole None 5750 0 0
Compuware Corp C. Stock 205638109 1065 33550 SH Sole None 33550 0 0
Crane Co C. Stock 224399105 1435 45650 SH Sole None 45650 0 0
Csg Sys Intl C. Stock 126349109 1418 54150 SH Sole None 54150 0 0
Centurytel Inc C. Stock 156700106 1834 46150 SH Sole None 46150 0 0
Centex Corp C. Stock 152312104 2304 61350 SH Sole None 61350 0 0
Citrix Sys Inc C. Stock 177376100 944 16800 SH Sole None 16800 0 0
Cymer Inc C. Stock 232572107 1035 41400 SH Sole None 41400 0 0
Dime Bancorp C. Stock 25429Q102 1406 69850 SH Sole None 69850 0 0
Dow Chemical C. Stock 260543103 2791 22000 SH Sole None 22000 0 0
Delphi Automot C. Stock 247126105 2482 133700 SH Sole None 133700 0 0
Brinker Intl C. Stock 109641100 2523 92800 SH Sole None 92800 0 0
Engelhard Corp C. Stock 292845104 1052 46500 SH Sole None 46500 0 0
Electrn Imaging C. Stock 286082102 2900 56450 SH Sole None 56450 0 0
Eastman Kodak C. Stock 277461109 1716 25330 SH Sole None 25330 0 0
Kinder Morg Eng C. Stock 494550106 1967 53150 SH Sole None 53150 0 0
Electr Arts Inc C. Stock 285512109 3208 59400 SH Sole None 59400 0 0
Federated Dept C. Stock 31410H101 2700 51000 SH Sole None 51000 0 0
Fmc Corp C. Stock 302491303 1510 22100 SH Sole None 22100 0 0
Fannie Mae C. Stock 313586109 2479 36250 SH Sole None 36250 0 0
Fortune Brands C. Stock 349631101 1024 24750 SH Sole None 24750 0 0
Fossil Inc C. Stock 349882100 1607 33400 SH Sole None 33400 0 0
Firstar Cp-New C. Stock 33763V109 2495 89100 SH Sole None 89100 0 0
Fuller(Hb) Co C. Stock 359694106 1725 25250 SH Sole None 25250 0 0
Genl Dynamics C. Stock 369550108 2308 33700 SH Sole None 33700 0 0
Golden West Fin C. Stock 381317106 1382 14100 SH Sole None 14100 0 0
Genl Instrument C. Stock 370120107 2522 59350 SH Sole None 59350 0 0
Genl Mills C. Stock 370334104 4315 53680 SH Sole None 53680 0 0
Great Lk Chem C. Stock 390568103 1078 23400 SH Sole None 23400 0 0
Georgia-Pac Grp C. Stock 373298108 4451 93960 SH Sole None 93960 0 0
Heinz (Hj) Co C. Stock 423074103 2208 44050 SH Sole None 44050 0 0
Starwood Hotels C. Stock 85590A203 1371 44850 SH Sole None 44850 0 0
Block H & R C. Stock 093671105 1833 36650 SH Sole None 36650 0 0
Hormel Foods Cp C. Stock 440452100 1018 25300 SH Sole None 25300 0 0
Intimate Brands C. Stock 461156101 2930 61850 SH Sole None 61850 0 0
Intl Bus Mach C. Stock 459200101 5092 39400 SH Sole None 39400 0 0
Penney (Jc) Inc C. Stock 708160106 1270 26150 SH Sole None 26150 0 0
Johnson & Johns C. Stock 478160104 2832 28900 SH Sole None 28900 0 0
Jeff-Pilot Corp C. Stock 475070108 2810 42450 SH Sole None 42450 0 0
Morgan (Jp) &Co C. Stock 616880100 1451 10325 SH Sole None 10325 0 0
Keebler Foods C. Stock 487256109 2629 86550 SH Sole None 86550 0 0
K Mart Corp C. Stock 482584109 2662 161950 SH Sole None 161950 0 0
Kimberly Clark C. Stock 494368103 4343 76200 SH Sole None 76200 0 0
Knight Ridder C. Stock 499040103 1991 36250 SH Sole None 36250 0 0
Lear Corp C. Stock 521865105 1356 27250 SH Sole None 27250 0 0
Lehman Bros Hld C. Stock 524908100 1703 27350 SH Sole None 27350 0 0
Lattice Semicon C. Stock 518415104 2486 40100 SH Sole None 40100 0 0
Lsi Logic C. Stock 502161102 2371 51400 SH Sole None 51400 0 0
Lucent Tech Inc C. Stock 549463107 2023 30000 SH Sole None 30000 0 0
Lexmark Intl C. Stock 529771107 2728 41300 SH Sole None 41300 0 0
Medimmune Inc C. Stock 584699102 1727 25400 SH Sole None 25400 0 0
Mentor Graphics C. Stock 587200106 1279 100300 SH Sole None 100300 0 0
Merrill Lync&Co C. Stock 590188108 172 2150 SH Sole None 2150 0 0
Mallinckrodt C. Stock 561232109 1342 36900 SH Sole None 36900 0 0
Millennium Phar C. Stock 599902103 1624 45200 SH Sole None 45200 0 0
Modis Prof Svcs C. Stock 607830106 1477 107400 SH Sole None 107400 0 0
Microsoft Corp C. Stock 594918104 2334 25900 SH Sole None 25900 0 0
Maytag Corp C. Stock 578592107 1561 22400 SH Sole None 22400 0 0
Mylan Labs C. Stock 628530107 1238 46700 SH Sole None 46700 0 0
Navistar Intl C. Stock 63934E108 2739 54770 SH Sole None 54770 0 0
Nationwide Fin C. Stock 638612101 1403 31000 SH Sole None 31000 0 0
Nokia Cp-Adr A C. Stock 654902204 3077 33600 SH Sole None 33600 0 0
Novell Inc C. Stock 670006105 1805 68100 SH Sole None 68100 0 0
Novellus Sys C. Stock 670008101 1821 26700 SH Sole None 26700 0 0
Quaker Oats Co C. Stock 747402105 2575 38800 SH Sole None 38800 0 0
Omnicom Grp C. Stock 681919106 2232 27900 SH Sole None 27900 0 0
Oracle Corp C. Stock 68389X105 2198 59200 SH Sole None 59200 0 0
Pinnacle Sys C. Stock 723481107 165 4900 SH Sole None 4900 0 0
Petco Animal C. Stock 716016100 321 20400 SH Sole None 20400 0 0
Polycom Inc C. Stock 73172K104 401 10350 SH Sole None 10350 0 0
Pall Corp C. Stock 696429307 1416 63800 SH Sole None 63800 0 0
Pre-Paid Legal C. Stock 740065107 608 22350 SH Sole None 22350 0 0
Providian Finl C. Stock 74406A102 2697 28850 SH Sole None 28850 0 0
Quintiles Trans C. Stock 748767100 1996 47600 SH Sole None 47600 0 0
Repsol Sa-Adr C. Stock 76026T205 451 22200 SH Sole None 22200 0 0
Coors Adolph B C. Stock 217016104 1520 30700 SH Sole None 30700 0 0
Rockwell Intl C. Stock 773903109 1880 30950 SH Sole None 30950 0 0
Ross Stores C. Stock 778296103 1847 36800 SH Sole None 36800 0 0
Sbc Commun Inc C. Stock 78387G103 1786 30800 SH Sole None 30800 0 0
Smithkl Bee-Adr C. Stock 832378301 2315 35050 SH Sole None 35050 0 0
Sci Sys Inc C. Stock 783890106 1071 22550 SH Sole None 22550 0 0
Schering Plough C. Stock 806605101 3580 67550 SH Sole None 67550 0 0
Shopko Stores C. Stock 824911101 1934 53350 SH Sole None 53350 0 0
Shared Medical C. Stock 819486101 1517 23250 SH Sole None 23250 0 0
Superior Tcom C. Stock 868365107 1144 45750 SH Sole None 45750 0 0
Stillwater Mng C. Stock 86074Q102 4109 125700 SH Sole None 125700 0 0
Safeway Inc C. Stock 786514208 3683 74400 SH Sole None 74400 0 0
At&T Corp C. Stock 001957109 1845 33050 SH Sole None 33050 0 0
Tecumseh Pdts-A C. Stock 878895200 1382 22850 SH Sole None 22850 0 0
Terex Corp C. Stock 880779103 3931 129150 SH Sole None 129150 0 0
Tiffany & Co C. Stock 886547108 2818 29200 SH Sole None 29200 0 0
Tjx Cos Inc New C. Stock 872540109 3750 112580 SH Sole None 112580 0 0
Tellabs Inc C. Stock 879664100 2226 32950 SH Sole None 32950 0 0
Tele Danmark C. Stock 879242105 2029 78800 SH Sole None 78800 0 0
Tmp Worldwide C. Stock 872941109 292 4600 SH Sole None 4600 0 0
Tommy Hilfiger C. Stock G8915Z102 3370 45850 SH Sole None 45850 0 0
Toys R Us C. Stock 892335100 2662 128700 SH Sole None 128700 0 0
Sabre Group Hld C. Stock 785905100 2303 33500 SH Sole None 33500 0 0
Tupperware Corp C. Stock 899896104 186 7300 SH Sole None 7300 0 0
Texaco Inc C. Stock 881694103 266 4250 SH Sole None 4250 0 0
Tyco Intl Ltd C. Stock 902124106 5586 58960 SH Sole None 58960 0 0
Univl Hlth Svcs C. Stock 913903100 3608 75550 SH Sole None 75550 0 0
Unisys C. Stock 909214108 2348 60300 SH Sole None 60300 0 0
Union Pac Corp C. Stock 907818108 3001 51470 SH Sole None 51470 0 0
Usfreightways C. Stock 916906100 1649 35850 SH Sole None 35850 0 0
Usg Corp C. Stock 903293405 2467 44050 SH Sole None 44050 0 0
Utd Techs Corp C. Stock 913017109 1629 22730 SH Sole None 22730 0 0
Valassis Comms C. Stock 918866104 1075 29350 SH Sole None 29350 0 0
Veeco Instrs-De C. Stock 922417100 571 16800 SH Sole None 16800 0 0
Viacom Inc Cl B C. Stock 925524308 3520 80000 SH Sole None 80000 0 0
Visx Inc Del C. Stock 92844S105 2195 27700 SH Sole None 27700 0 0
Waters Corp C. Stock 941848103 1833 34500 SH Sole None 34500 0 0
Webb(Del) Corp C. Stock 947423109 1945 81450 SH Sole None 81450 0 0
Willamette Inds C. Stock 969133107 1990 43200 SH Sole None 43200 0 0
Wal-Mart Stores C. Stock 931142103 3004 62250 SH Sole None 62250 0 0
Xircom Inc C. Stock 983922105 101 3350 SH Sole None 3350 0 0
Tricon Gbl Rest C. Stock 895953107 2866 52950 SH Sole None 52950 0 0
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