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.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: American Family Mutual Insurance Company
Address: 6000 American Pky.
Madison, WI 53783
13F File Number: 28-997
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 J. White
Title: Investment Director - Equities
Phone: 608-242-4100 x30766
Signature, Place, and Date of Signing
Richard J. White Madison, Wisconsin July 27, 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: 2
Form 13F Information Table Entry Total: 124
Form 13F Information Table Value Total: $2,648,749
List of Other Included Managers:
No. 13F File Number Name
01 American Family Incentive and Thrift Plan
02 American Family Insurance Group
Master Retirement Trust
<PAGE>
<TABLE> <C> <C>
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
ABBOTT LABORATORIES COM 00282410 40814 897000 SH SOLE 897000 0 0
ABBOTT LABORATORIES COM 00282410 6188 136000 SH DEFINED 01 136000 0 0
ABBOTT LABORATORIES COM 00282410 3185 70000 SH DEFINED 02 70000 0 0
APRIA HEALTHCARE GROUP INC COM 03793310 1825 107346 SH SOLE 107346 0 0
ALLIED SIGNAL INC COM 01951210 88074 1398000 SH SOLE 1398000 0 0
ALLIED SIGNAL INC COM 01951210 13230 210000 SH DEFINED 01 210000 0 0
ALLIED SIGNAL INC COM 01951210 5922 94000 SH DEFINED 02 94000 0 0
AMERICAN EXPRESS COM 02581610 79897 614000 SH SOLE 614000 0 0
AMERICAN EXPRESS COM 02581610 10410 80000 SH DEFINED 01 80000 0 0
AMERICAN EXPRESS COM 02581610 5205 40000 SH DEFINED 02 40000 0 0
AUTOZONE, INC. COM 05333210 41362 1373000 SH SOLE 1373000 0 0
AUTOZONE, INC. COM 05333210 6115 203000 SH DEFINED 01 203000 0 0
AUTOZONE, INC. COM 05333210 3163 105000 SH DEFINED 02 105000 0 0
CITIGROUP COM 17296710 80156 1687500 SH SOLE 1687500 0 0
CITIGROUP COM 17296710 12184 256500 SH DEFINED 01 256500 0 0
CITIGROUP COM 17296710 6270 132000 SH DEFINED 02 132000 0 0
COOPER INDUSTRIES COM 21666910 36244 697000 SH SOLE 697000 0 0
C N F TRANSPORTATION INC COM 12612W10 44899 1170000 SH SOLE 1170000 0 0
C N F TRANSPORTATION INC COM 12612W10 6102 159000 SH DEFINED 01 159000 0 0
C N F TRANSPORTATION INC COM 12612W10 3147 82000 SH DEFINED 02 82000 0 0
COR THERAPEUTICS INC COM 21775310 368 24978 SH SOLE 24978 0 0
CISCO SYSTEMS INC COM 17275R10 7838 121878 SH SOLE 121878 0 0
CYBERONICS INC COM 23251P10 369 29545 SH SOLE 29545 0 0
DEPARTMENT 56, INC COM 24950910 7095 264000 SH SOLE 264000 0 0
DEPARTMENT 56, INC COM 24950910 2688 100000 SH DEFINED 01 100000 0 0
DEPARTMENT 56, INC COM 24950910 1209 45000 SH DEFINED 02 45000 0 0
DOVER CORP COM 26000310 40320 1152000 SH SOLE 1152000 0 0
DOVER CORP COM 26000310 5565 159000 SH DEFINED 01 159000 0 0
DOVER CORP COM 26000310 2695 77000 SH DEFINED 02 77000 0 0
ECOLAB INC COM 27886510 31236 716000 SH SOLE 716000 0 0
ECOLAB INC COM 27886510 4363 100000 SH DEFINED 01 100000 0 0
ECOLAB INC COM 27886510 2181 50000 SH DEFINED 02 50000 0 0
EXTREME NETWORKS INC COM 30226D10 929 16000 SH SOLE 16000 0 0
FLUOR CORP COM 34386110 29565 730000 SH SOLE 730000 0 0
FLUOR CORP COM 34386110 5225 129000 SH DEFINED 01 129000 0 0
FLUOR CORP COM 34386110 2390 59000 SH DEFINED 02 59000 0 0
GILLETTE CO COM 37576610 85280 2080000 SH SOLE 2080000 0 0
GILLETTE CO COM 37576610 10414 254000 SH DEFINED 01 254000 0 0
GILLETTE CO COM 37576610 5371 131000 SH DEFINED 02 131000 0 0
GANNETT CO COM 36473010 46822 656000 SH SOLE 656000 0 0
GANNETT CO COM 36473010 7209 101000 SH DEFINED 01 101000 0 0
GANNETT CO COM 36473010 3712 52000 SH DEFINED 02 52000 0 0
GENERAL ELECTRIC CO COM 36960410 91982 814000 SH SOLE 814000 0 0
GENERAL ELECTRIC CO COM 36960410 11413 101000 SH DEFINED 01 101000 0 0
GENERAL ELECTRIC CO COM 36960410 5876 52000 SH DEFINED 02 52000 0 0
GLIATECH COM 37929C10 389 15257 SH SOLE 15257 0 0
HARCOURT GENERAL INC COM 41163G10 48933 949000 SH SOLE 949000 0 0
HARCOURT GENERAL INC COM 41163G10 5981 116000 SH DEFINED 01 116000 0 0
HARCOURT GENERAL INC COM 41163G10 2681 52000 SH DEFINED 02 52000 0 0
HORACE MANN EDUCATORS CORP. COM 44032710 41108 1512000 SH SOLE 1512000 0 0
HORACE MANN EDUCATORS CORP. COM 44032710 9217 339000 SH DEFINED 01 339000 0 0
HORACE MANN EDUCATORS CORP. COM 44032710 4731 174000 SH DEFINED 02 174000 0 0
BLOCK H & R INC COM 09367110 35050 701000 SH SOLE 701000 0 0
BLOCK H & R INC COM 09367110 4900 98000 SH DEFINED 01 98000 0 0
BLOCK H & R INC COM 09367110 2200 44000 SH DEFINED 02 44000 0 0
HEWLETT-PACKARD COM 42823610 614 6114 SH SOLE 6114 0 0
INTEL CORPORATION COM 45814010 135898 2284000 SH SOLE 2284000 0 0
INTEL CORPORATION COM 45814010 19635 330000 SH DEFINED 01 330000 0 0
INTEL CORPORATION COM 45814010 8925 150000 SH DEFINED 02 150000 0 0
KIMBERLY CLARK COM 49436810 54775 960960 SH SOLE 960960 0 0
KIMBERLY CLARK COM 49436810 7410 130000 SH DEFINED 01 130000 0 0
KIMBERLY CLARK COM 49436810 3824 67080 SH DEFINED 02 67080 0 0
COCA COLA CO COM 19121610 37644 602300 SH SOLE 602300 0 0
COCA COLA CO COM 19121610 5313 85000 SH DEFINED 01 85000 0 0
COCA COLA CO COM 19121610 2563 41000 SH DEFINED 02 41000 0 0
LEGATO SYSTEMS INC COM 52465110 275 4755 SH SOLE 4755 0 0
MEMBERWORKS INC COM 58600210 642 22137 SH SOLE 22137 0 0
MICROCHIP TECHNOLOGY INC COM 59501710 2372 50064 SH SOLE 50064 0 0
MERCK & CO COM 58933110 101232 1368000 SH SOLE 1368000 0 0
MERCK & CO COM 58933110 12284 166000 SH DEFINED 01 166000 0 0
MERCK & CO COM 58933110 7400 100000 SH DEFINED 02 100000 0 0
MICROSOFT CORP COM 59491810 212572 2357000 SH SOLE 2357000 0 0
MICROSOFT CORP COM 59491810 31656 351000 SH DEFINED 01 351000 0 0
MICROSOFT CORP COM 59491810 17226 191000 SH DEFINED 02 191000 0 0
NOBLE AFFILIATES INC COM 65489410 24517 869800 SH SOLE 869800 0 0
NOBLE AFFILIATES INC COM 65489410 3693 131000 SH DEFINED 01 131000 0 0
NOBLE AFFILIATES INC COM 65489410 1776 63000 SH DEFINED 02 63000 0 0
NEWHALL LD & FARMING - LP DEPOSITARY 65142610 28907 1173900 SH SOLE 1173900 0 0
NEWHALL LD & FARMING - LP DEPOSITARY 65142610 3251 132000 SH DEFINED 01 132000 0 0
NEWHALL LD & FARMING - LP DEPOSITARY 65142610 1650 67000 SH DEFINED 02 67000 0 0
NOVOSTE CORP COM 67010C10 312 14851 SH SOLE 14851 0 0
NATIONAL SERVICE INDS INC COM 63765710 18216 506000 SH SOLE 506000 0 0
NATIONAL SERVICE INDS INC COM 63765710 2592 72000 SH DEFINED 01 72000 0 0
NATIONAL SERVICE INDS INC COM 63765710 1332 37000 SH DEFINED 02 37000 0 0
INTEG INC COM 45810010 17 10575 SH SOLE 10575 0 0
NEWELL RUBBERMAID INC COM 65122910 68123 1465000 SH SOLE 1465000 0 0
NEWELL RUBBERMAID INC COM 65122910 10323 222000 SH DEFINED 01 222000 0 0
NEWELL RUBBERMAID INC COM 65122910 5301 114000 SH DEFINED 02 114000 0 0
OBJECT DESIGN INC COM 67441610 137 35449 SH SOLE 35449 0 0
BANK ONE CORP COM 06423A10 67901 1140000 SH SOLE 1140000 0 0
BANK ONE CORP COM 06423A10 10185 171000 SH DEFINED 01 171000 0 0
BANK ONE CORP COM 06423A10 5242 88000 SH DEFINED 02 88000 0 0
PHILLIPS PETROLEUM CO COM 71850710 28427 565000 SH SOLE 565000 0 0
PHILLIPS PETROLEUM CO COM 71850710 6742 134000 SH DEFINED 01 134000 0 0
PHILLIPS PETROLEUM CO COM 71850710 3270 65000 SH DEFINED 02 65000 0 0
PFIZER INC COM 71708110 181636 1655000 SH SOLE 1655000 0 0
PFIZER INC COM 71708110 27547 251000 SH DEFINED 01 251000 0 0
PFIZER INC COM 71708110 14158 129000 SH DEFINED 02 129000 0 0
PARAMETRIC TECHNOLOGY INC COM 69917310 459 33072 SH SOLE 33072 0 0
PAYMENTECH INC COM 70438410 15986 630000 SH SOLE 630000 0 0
PAYMENTECH INC COM 70438410 6217 245000 SH DEFINED 01 245000 0 0
PAYMENTECH INC COM 70438410 2994 118000 SH DEFINED 02 118000 0 0
IMS HEALTH INC COM 44993410 47313 1514000 SH SOLE 1514000 0 0
IMS HEALTH INC COM 44993410 7125 228000 SH DEFINED 01 228000 0 0
IMS HEALTH INC COM 44993410 3438 110000 SH DEFINED 02 110000 0 0
SPX CORPORATION COM 78463510 42318 506800 SH SOLE 506800 0 0
SPX CORPORATION COM 78463510 7766 93000 SH DEFINED 01 93000 0 0
SPX CORPORATION COM 78463510 4008 48000 SH DEFINED 02 48000 0 0
TIFFANY & CO COM 88654710 97562 1011000 SH SOLE 1011000 0 0
TIFFANY & CO COM 88654710 16405 170000 SH DEFINED 01 170000 0 0
TIFFANY & CO COM 88654710 7913 82000 SH DEFINED 02 82000 0 0
TOOTSIE ROLL INDUSTRIES COM 89051610 15244 394654 SH SOLE 394654 0 0
TOOTSIE ROLL INDUSTRIES COM 89051610 2049 53045 SH DEFINED 01 53045 0 0
TOOTSIE ROLL INDUSTRIES COM 89051610 983 25461 SH DEFINED 02 25461 0 0
TRINITY INDUSTRIES COM 89652210 18847 562600 SH SOLE 562600 0 0
WABASH NATIONAL CORP COM 92956610 15364 793000 SH SOLE 793000 0 0
WABASH NATIONAL CORP COM 92956610 4398 227000 SH DEFINED 01 227000 0 0
WABASH NATIONAL CORP COM 92956610 2015 104000 SH DEFINED 02 104000 0 0
WORTHINGTON INDUSTRIES COM 98181110 21698 1320000 SH SOLE 1320000 0 0
WORTHINGTON INDUSTRIES COM 98181110 6164 375000 SH DEFINED 01 375000 0 0
WORTHINGTON INDUSTRIES COM 98181110 2959 180000 SH DEFINED 02 180000 0 0
EXXON CORP COM 30229010 51365 666000 SH SOLE 666000 0 0
EXXON CORP COM 30229010 6170 80000 SH DEFINED 01 80000 0 0
EXXON CORP COM 30229010 2777 36000 SH DEFINED 02 36000 0 0
</TABLE>
