UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
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: 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 May 18, 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.
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 2
Form 13F Information Table Entry Total: 130
Form 13F Information Table Value Total: $2,579,760
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
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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 002824100 41991 897000 SH SOLE 897000 0 0
ABBOTT LABORATORIES COM 002824100 6367 136000 SH DEFINED 01 136000 0 0
ABBOTT LABORATORIES COM 002824100 3277 70000 SH DEFINED 02 70000 0 0
APRIA HEALTHCARE GROUP INC COM 037933108 1275 107346 SH SOLE 107346 0 0
ALLIED SIGNAL INC COM 019512102 68764 1398000 SH SOLE 1398000 0 0
ALLIED SIGNAL INC COM 019512102 10329 210000 SH DEFINED 01 210000 0 0
ALLIED SIGNAL INC COM 019512102 4624 94000 SH DEFINED 02 94000 0 0
AMERICAN EXPRESS COM 025816109 72145 614000 SH SOLE 614000 0 0
AMERICAN EXPRESS COM 025816109 9400 80000 SH DEFINED 01 80000 0 0
AMERICAN EXPRESS COM 025816109 4700 40000 SH DEFINED 02 40000 0 0
AUTOZONE, INC. COM 053332102 41705 1373000 SH SOLE 1373000 0 0
AUTOZONE, INC. COM 053332102 6166 203000 SH DEFINED 01 203000 0 0
AUTOZONE, INC. COM 053332102 3189 105000 SH DEFINED 02 105000 0 0
CITIGROUP COM 172967101 71859 1125000 SH SOLE 1125000 0 0
CITIGROUP COM 172967101 10923 171000 SH DEFINED 01 171000 0 0
CITIGROUP COM 172967101 5621 88000 SH DEFINED 02 88000 0 0
COOPER INDUSTRIES COM 216669101 29710 697000 SH SOLE 697000 0 0
C N F TRANSPORTATION INC COM 12612W104 24351 644000 SH SOLE 644000 0 0
C N F TRANSPORTATION INC COM 12612W104 4764 126000 SH DEFINED 01 126000 0 0
C N F TRANSPORTATION INC COM 12612W104 2458 65000 SH DEFINED 02 65000 0 0
COR THERAPEUTICS INC COM 217753102 248 24978 SH SOLE 24978 0 0
CISCO SYSTEMS INC COM 17275R102 6677 60939 SH SOLE 60939 0 0
CYBERONICS INC COM 23251P102 281 29545 SH SOLE 29545 0 0
DEPARTMENT 56, INC COM 249509100 8036 264000 SH SOLE 264000 0 0
DEPARTMENT 56, INC COM 249509100 3044 100000 SH DEFINED 01 100000 0 0
DEPARTMENT 56, INC COM 249509100 1370 45000 SH DEFINED 02 45000 0 0
DOVER CORP COM 260003108 37872 1152000 SH SOLE 1152000 0 0
DOVER CORP COM 260003108 5227 159000 SH DEFINED 01 159000 0 0
DOVER CORP COM 260003108 2531 77000 SH DEFINED 02 77000 0 0
ECOLAB INC COM 278865100 25418 716000 SH SOLE 716000 0 0
ECOLAB INC COM 278865100 3550 100000 SH DEFINED 01 100000 0 0
ECOLAB INC COM 278865100 1775 50000 SH DEFINED 02 50000 0 0
FLUOR CORP COM 343861100 19710 730000 SH SOLE 730000 0 0
FLUOR CORP COM 343861100 3483 129000 SH DEFINED 01 129000 0 0
FLUOR CORP COM 343861100 1593 59000 SH DEFINED 02 59000 0 0
FULLTIME SOFTWARE INC COM 747586105 244 33706 SH SOLE 33706 0 0
GILLETTE CO COM 375766102 123630 2080000 SH SOLE 2080000 0 0
GILLETTE CO COM 375766102 15097 254000 SH DEFINED 01 254000 0 0
GILLETTE CO COM 375766102 7786 131000 SH DEFINED 02 131000 0 0
GANNETT CO COM 364730101 41328 656000 SH SOLE 656000 0 0
GANNETT CO COM 364730101 6363 101000 SH DEFINED 01 101000 0 0
GANNETT CO COM 364730101 3276 52000 SH DEFINED 02 52000 0 0
GENERAL ELECTRIC CO COM 369604103 90049 814000 SH SOLE 814000 0 0
GENERAL ELECTRIC CO COM 369604103 11173 101000 SH DEFINED 01 101000 0 0
GENERAL ELECTRIC CO COM 369604103 5753 52000 SH DEFINED 02 52000 0 0
GLIATECH COM 37929C103 353 15257 SH SOLE 15257 0 0
HARCOURT GENERAL INC COM 41163G101 42053 949000 SH SOLE 949000 0 0
HARCOURT GENERAL INC COM 41163G101 5140 116000 SH DEFINED 01 116000 0 0
HARCOURT GENERAL INC COM 41163G101 2304 52000 SH DEFINED 02 52000 0 0
HORACE MANN EDUCATORS CORP. COM 440327104 35060 1512000 SH SOLE 1512000 0 0
HORACE MANN EDUCATORS CORP. COM 440327104 7861 339000 SH DEFINED 01 339000 0 0
HORACE MANN EDUCATORS CORP. COM 440327104 4035 174000 SH DEFINED 02 174000 0 0
BLOCK H & R INC COM 093671105 33210 701000 SH SOLE 701000 0 0
BLOCK H & R INC COM 093671105 4643 98000 SH DEFINED 01 98000 0 0
BLOCK H & R INC COM 093671105 2085 44000 SH DEFINED 02 44000 0 0
HEWLETT-PACKARD COM 428236103 415 6114 SH SOLE 6114 0 0
INTEL CORPORATION COM 458140100 136041 1142000 SH SOLE 1142000 0 0
INTEL CORPORATION COM 458140100 19656 165000 SH DEFINED 01 165000 0 0
INTEL CORPORATION COM 458140100 8934 75000 SH DEFINED 02 75000 0 0
KIMBERLY CLARK COM 494368103 46066 960960 SH SOLE 960960 0 0
KIMBERLY CLARK COM 494368103 6232 130000 SH DEFINED 01 130000 0 0
KIMBERLY CLARK COM 494368103 3216 67080 SH DEFINED 02 67080 0 0
COCA COLA CO COM 191216100 36966 602300 SH SOLE 602300 0 0
COCA COLA CO COM 191216100 5217 85000 SH DEFINED 01 85000 0 0
COCA COLA CO COM 191216100 2516 41000 SH DEFINED 02 41000 0 0
MEMBERWORKS INC COM 586002107 802 22137 SH SOLE 22137 0 0
MICROCHIP TECHNOLOGY INC COM 595017104 1733 50064 SH SOLE 50064 0 0
MORTON INTL INC COM 619335102 52663 1433000 SH SOLE 1433000 0 0
MORTON INTL INC COM 619335102 7240 197000 SH DEFINED 01 197000 0 0
MORTON INTL INC COM 619335102 3491 95000 SH DEFINED 02 95000 0 0
MERCK & CO COM 589331107 109697 1368000 SH SOLE 1368000 0 0
MERCK & CO COM 589331107 13311 166000 SH DEFINED 01 166000 0 0
MERCK & CO COM 589331107 8019 100000 SH DEFINED 02 100000 0 0
MICROSOFT CORP COM 594918104 211246 2357000 SH SOLE 2357000 0 0
MICROSOFT CORP COM 594918104 31458 351000 SH DEFINED 01 351000 0 0
MICROSOFT CORP COM 594918104 17118 191000 SH DEFINED 02 191000 0 0
NOBLE AFFILIATES INC COM 654894104 25224 869800 SH SOLE 869800 0 0
NOBLE AFFILIATES INC COM 654894104 3799 131000 SH DEFINED 01 131000 0 0
NOBLE AFFILIATES INC COM 654894104 1827 63000 SH DEFINED 02 63000 0 0
NEWHALL LD & FARMING - LP DEPOSITARY 651426108 28027 1173900 SH SOLE 1173900 0 0
NEWHALL LD & FARMING - LP DEPOSITARY 651426108 3152 132000 SH DEFINED 01 132000 0 0
NEWHALL LD & FARMING - LP DEPOSITARY 651426108 1600 67000 SH DEFINED 02 67000 0 0
NOVOSTE CORP COM 67010C100 356 14851 SH SOLE 14851 0 0
NATIONAL SERVICE INDS INC COM 637657107 17236 506000 SH SOLE 506000 0 0
NATIONAL SERVICE INDS INC COM 637657107 2453 72000 SH DEFINED 01 72000 0 0
NATIONAL SERVICE INDS INC COM 637657107 1260 37000 SH DEFINED 02 37000 0 0
INTEG INC COM 458100104 14 10575 SH SOLE 10575 0 0
NEWELL RUBBERMAID INC COM 651229106 45220 952000 SH SOLE 952000 0 0
NEWELL RUBBERMAID INC COM 651229106 7505 158000 SH DEFINED 01 158000 0 0
NEWELL RUBBERMAID INC COM 651229106 3848 81000 SH DEFINED 02 81000 0 0
OBJECT DESIGN INC COM 674416102 140 27371 SH SOLE 27371 0 0
BANK ONE CORP COM 06423A103 62771 1140000 SH SOLE 1140000 0 0
BANK ONE CORP COM 06423A103 9416 171000 SH DEFINED 01 171000 0 0
BANK ONE CORP COM 06423A103 4846 88000 SH DEFINED 02 88000 0 0
PHILLIPS PETROLEUM CO COM 718507106 26696 565000 SH SOLE 565000 0 0
PHILLIPS PETROLEUM CO COM 718507106 6332 134000 SH DEFINED 01 134000 0 0
PHILLIPS PETROLEUM CO COM 718507106 3071 65000 SH DEFINED 02 65000 0 0
PFIZER INC COM 717081103 199800 1440000 SH SOLE 1440000 0 0
PFIZER INC COM 717081103 30525 220000 SH DEFINED 01 220000 0 0
PFIZER INC COM 717081103 15679 113000 SH DEFINED 02 113000 0 0
PARAMETRIC TECHNOLOGY INC COM 699173100 653 33072 SH SOLE 33072 0 0
PAYMENTECH INC COM 704384106 14884 630000 SH SOLE 630000 0 0
PAYMENTECH INC COM 704384106 5788 245000 SH DEFINED 01 245000 0 0
PAYMENTECH INC COM 704384106 2788 118000 SH DEFINED 02 118000 0 0
IMS HEALTH INC COM 449934108 50151 1514000 SH SOLE 1514000 0 0
IMS HEALTH INC COM 449934108 7553 228000 SH DEFINED 01 228000 0 0
IMS HEALTH INC COM 449934108 3644 110000 SH DEFINED 02 110000 0 0
STEELCASE CL A CL A 858155203 187 12300 SH DEFINED 02 12300 0 0
SPX CORPORATION COM 784635104 25562 506800 SH SOLE 506800 0 0
SPX CORPORATION COM 784635104 4691 93000 SH DEFINED 01 93000 0 0
SPX CORPORATION COM 784635104 2421 48000 SH DEFINED 02 48000 0 0
TIFFANY & CO COM 886547108 75572 1011000 SH SOLE 1011000 0 0
TIFFANY & CO COM 886547108 12708 170000 SH DEFINED 01 170000 0 0
TIFFANY & CO COM 886547108 6130 82000 SH DEFINED 02 82000 0 0
TOOTSIE ROLL INDUSTRIES COM 890516107 18179 394655 SH SOLE 394655 0 0
TOOTSIE ROLL INDUSTRIES COM 890516107 2443 53045 SH DEFINED 01 53045 0 0
TOOTSIE ROLL INDUSTRIES COM 890516107 1173 25462 SH DEFINED 02 25462 0 0
TRINITY INDUSTRIES COM 896522109 16526 562600 SH SOLE 562600 0 0
US FREIGHTWAYS CORP COM 916906100 21270 647000 SH SOLE 647000 0 0
US FREIGHTWAYS CORP COM 916906100 5720 174000 SH DEFINED 01 174000 0 0
US FREIGHTWAYS CORP COM 916906100 2729 83000 SH DEFINED 02 83000 0 0
WABASH NATIONAL CORP COM 929566107 9219 793000 SH SOLE 793000 0 0
WABASH NATIONAL CORP COM 929566107 2639 227000 SH DEFINED 01 227000 0 0
WABASH NATIONAL CORP COM 929566107 1209 104000 SH DEFINED 02 104000 0 0
WORTHINGTON INDUSTRIES COM 981811102 15510 1320000 SH SOLE 1320000 0 0
WORTHINGTON INDUSTRIES COM 981811102 4406 375000 SH DEFINED 01 375000 0 0
WORTHINGTON INDUSTRIES COM 981811102 2115 180000 SH DEFINED 02 180000 0 0
EXXON CORP COM 302290101 46995 666000 SH SOLE 666000 0 0
EXXON CORP COM 302290101 5645 80000 SH DEFINED 01 80000 0 0
EXXON CORP COM 302290101 2540 36000 SH DEFINED 02 36000 0 0
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