UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 3-31-99
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: 28-05029
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: 51
Form 13F Information Table Value Total: 122,186,000
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 1426 33600.000SH SOLE 33600.000
A D C TELECOMMUNICATN COM COM 000886101 998 20925.000SH SOLE 20925.000
AMAZON COM INC COM COM 023135106 1377 8000.000 SH SOLE 8000.000
AMERICA ONLINE INC DEL COM COM 02364J104 6199 42170.000SH SOLE 42170.000
AMERICAN EXPRESS CO COM COM 025816109 2598 22063.000SH SOLE 22063.000
AMGEN INC COM COM 031162100 1342 17926.000SH SOLE 17926.000
AT&T CORP COM COM 001957109 680 8516.000 SH SOLE 8516.000
BED BATH & BEYOND INC COM COM 075896100 326 8925.000 SH SOLE 8925.000
BINDLEY WESTN INDS INC COM COM 090324104 299 10475.000SH SOLE 10475.000
BRINKER INTL CORP COM 109641100 3443 132725.000SH SOLE 132725.000
CELESTICA INC SUB VTG SHS COM 15101Q108 3821 117800.000SH SOLE 117800.000
CISCO SYS INC COM COM 17275R102 2457 22422.000SH SOLE 22422.000
CLAIRE'S STORES INC COM COM 179584107 301 10000.000SH SOLE 10000.000
COSTCO WHSL CORP NEW COM 221607104 3101 33863.000SH SOLE 33863.000
E TRADE GROUP INC COM COM 269246104 233 4000.000 SH SOLE 4000.000
EXPRESS SCRIPTS INC CL A COM 302182100 2836 33000.000SH SOLE 33000.000
FAMILY DLR STORES INC COM COM 307000109 448 19500.000SH SOLE 19500.000
FDX CORP COM COM 31304N107 2132 22925.000SH SOLE 22925.000
GAP INC DEL COM COM 364760108 4573 67934.058SH SOLE 67934.058
GENERAL ELEC CO COM COM 369604103 4318 39033.358SH SOLE 39033.358
GILLETTE CO COM COM 375766102 981 16499.000SH SOLE 16499.000
HOME DEPOT INC COM COM 437076102 6403 102860.876SH SOLE 102860.876
IMS HEALTH INC COM COM 449934108 4066 122750.000SH SOLE 122750.000
INTEL CORP COM COM 458140100 234 1970.209 SH SOLE 1970.209
JOHNSON & JOHNSON COM COM 478160104 2828 30246.086SH SOLE 30246.086
KING PHARMACEUTICALS INC COM 495582108 1223 44080.000SH SOLE 44080.000
KOHLS CORP COM COM 500255104 1797 25355.000SH SOLE 25355.000
LINENS N THINGS INC COM COM 535679104 792 17450.000SH SOLE 17450.000
LOWES COS INC COM COM 548661107 3051 50425.000SH SOLE 50425.000
LUCENT TECHNOLOGIES COM COM 549463107 3403 31510.039SH SOLE 31510.039
MCI WORLDCOM INC COM COM 55268B106 6728 75969.000SH SOLE 75969.000
MEDTRONIC INC COM COM 585055106 3734 51946.000SH SOLE 51946.000
MERCK & CO INC COM COM 589331107 4009 50033.000SH SOLE 50033.000
MICROSOFT CORP COM COM 594918104 5576 62210.000SH SOLE 62210.000
MONACO COACH CORP COM COM 60886R103 477 20700.000SH SOLE 20700.000
NOKIA CORP COM 654490220 7432 47715.000SH SOLE 47715.000
PERIGRINE INV HLDS COM G7004A150 10 17000.000SH SOLE 17000.000
PFIZER INC COM COM 717081103 5551 40005.522SH SOLE 40005.522
PRIORITY HEALTHCARE CL B COM 74264T102 984 21753.800SH SOLE 21753.800
PROVIDIAN FINL CORP COM COM 74406A102 5538 50345.500SH SOLE 50345.500
QUANTA SVCS INC COM COM 74762E102 1818 71475.000SH SOLE 71475.000
SCHWAB CHARLES CP NEW COM COM 808513105 1124 11698.000SH SOLE 11698.000
SEI INVESTMENTS CO COM COM 784117103 3106 33580.000SH SOLE 33580.000
SOLIGEN TECHNOLOGIES COM 83423G950 2 10000.000SH SOLE 10000.000
SONIC AUTOMOTIVE INC CL A COM 83545G102 1468 94700.000SH SOLE 94700.000
SOUTHWEST AIRLINES INC COM 844741108 401 13255.000SH SOLE 13255.000
SUN MICROSYSTEMS INC COM COM 866810104 877 7013.000 SH SOLE 7013.000
SUNRISE TECH INTL INC COM COM 86769L103 165 15000.000SH SOLE 15000.000
TELEGLOBE INC COM COM 87941V100 2397 79075.000SH SOLE 79075.000
TEXAS REGL BANCHSHARES CL A VT COM 882673106 324 12000.000SH SOLE 12000.000
VERISIGN INC COM COM 92343E102 2777 18035.000SH SOLE 18035.000
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