UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 12-31-98
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: Churchill Management Corporation
Address: 5900 Wilshire Blvd., Suite 600
Los Angeles, CA 90036
Form 13F File Number: 28-____________
The institutional investment manager filing this report and the person by
whom it is signed hereby represent 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: Fred A. Fern
Title: President
Phone: 323-937-7110
Signature, Place and Date of Signing:
Fred A. Fern Los Angeles, CA 9-30-99
[Signature] [City, State] [Date]
Report Type (Check only one.):
XX 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: 0
Form 13F Information Table Entry Total: 52
Form 13F Information Table Value Total: 128,524,000
List of Other Included Managers:
NONE
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<TABLE>
NAME OF ISSUER TITLE OF CUSIP VALUE SHARES INV. OTHER AUTH
CLASS X1000 DISC MGR
<C> <C>
99 CENTS ONLY STORES COM COM 65440K106 1148 23375.000SH SOLE 23375.000
ABBOTT LABS COM COM 002824100 1848 37710.000SH SOLE 37710.000
AMAZON COM INC COM COM 023135106 2233 6950.000 SH SOLE 6950.000
AMERICA ONLINE INC DEL COM COM 02364J104 2812 18125.000SH SOLE 18125.000
AMERICAN EXPRESS CO COM COM 025816109 2263 22078.000SH SOLE 22078.000
AMGEN INC COM COM 031162100 773 7388.000 SH SOLE 7388.000
BELL & HOWELL CO NEW COM COM 077852101 1065 28175.000SH SOLE 28175.000
BINDLEY WESTN INDS INC COM COM 090324104 516 10475.000SH SOLE 10475.000
BRINKER INTL CORP COM 109641100 3438 119050.000SH SOLE 119050.000
CASEYS GEN STORES COM COM 147528103 2157 165500.000SH SOLE 165500.000
CELESTICA INC SUB VTG SHS COM 15101Q108 2835 114850.000SH SOLE 114850.000
CISCO SYS INC COM COM 17275R102 5777 62245.000SH SOLE 62245.000
COSTCO WHSL CORP NEW COM 221607104 2450 33938.000SH SOLE 33938.000
EXCEL SWITCHING COM 30067V108 723 19025.000SH SOLE 19025.000
EXPRESS SCRIPTS INC CL A COM 302182100 2215 33000.000SH SOLE 33000.000
FDX CORP COM COM 31304N107 1463 16400.000SH SOLE 16400.000
GAP INC DEL COM COM 364760108 3813 67934.000SH SOLE 67934.000
GENERAL ELEC CO COM COM 369604103 3705 36327.642SH SOLE 36327.642
GILLETTE CO COM COM 375766102 797 16661.000SH SOLE 16661.000
GLOBAL IMAGING SYSTEMS COM COM 37934A100 1281 52825.000SH SOLE 52825.000
HOME DEPOT INC COM COM 437076102 5955 97325.000SH SOLE 97325.000
IMS HEALTH INC COM COM 449934108 4685 62100.000SH SOLE 62100.000
INTEL CORP COM COM 458140100 4657 39280.000SH SOLE 39280.000
JOHNSON & JOHNSON COM COM 478160104 2511 29941.000SH SOLE 29941.000
KOHLS CORP COM COM 500255104 1400 22780.000SH SOLE 22780.000
LASON INC COM COM 51808R107 1825 31362.000SH SOLE 31362.000
LINENS N THINGS INC COM COM 535679104 609 15375.000SH SOLE 15375.000
LOWES COS INC COM COM 548661107 2581 50425.000SH SOLE 50425.000
LUCENT TECHNOLOGIES COM COM 549463107 3312 30130.000SH SOLE 30130.000
MAYTAG CORP COM COM 578592107 4533 72825.000SH SOLE 72825.000
MCGRAW HILL COS INC COM COM 580645109 1491 14640.000SH SOLE 14640.000
MCI WORLDCOM INC COM COM 55268B106 5446 75906.000SH SOLE 75906.000
MEDTRONIC INC COM COM 585055106 3866 52046.000SH SOLE 52046.000
MERCK & CO INC COM COM 589331107 3376 22891.000SH SOLE 22891.000
METTLER TOLEDO INTL COM COM 592688105 2286 81450.000SH SOLE 81450.000
MICROSOFT CORP COM COM 594918104 8243 59436.000SH SOLE 59436.000
MONACO COACH CORP COM COM 60886R103 549 20700.000SH SOLE 20700.000
NOKIA CORP COM 654490220 5512 45765.000SH SOLE 45765.000
PFIZER INC COM COM 717081103 4788 38300.522SH SOLE 38300.522
PRIORITY HEALTHCARE CL B COM 74264T102 1074 20708.317SH SOLE 20708.317
PROVIDIAN FINL CORP COM COM 74406A102 3786 50475.500SH SOLE 50475.500
QUANTA SVCS INC COM COM 74762E102 1485 67300.000SH SOLE 67300.000
SCHWAB CHARLES CP NEW COM COM 808513105 657 11698.000SH SOLE 11698.000
SEI INVESTMENTS CO COM COM 784117103 3227 32475.000SH SOLE 32475.000
SOLIGEN TECHNOLOGIES COM 83423G950 4 10000.000SH SOLE 10000.000
SONIC AUTOMOTIVE INC CL A COM 83545G102 1639 47500.000SH SOLE 47500.000
SUNRISE TECH INTL INC COM COM 86769L103 89 15000.000SH SOLE 15000.000
TELEGLOBE INC COM COM 87941V100 2847 79075.000SH SOLE 79075.000
TEXAS REGL BANCHSHARES CL A VT COM 882673106 322 12867.000SH SOLE 12867.000
TEXTRON INC COM COM 883203101 519 6837.000 SH SOLE 6837.000
VERISIGN INC COM COM 92343E102 931 15750.000SH SOLE 15750.000
WARNER LAMBERT CO COM COM 934488107 1006 13375.000SH SOLE 13375.000
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