UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Quarter Ended: December 31, 1999
Check here if Amendment [ ]; Amendment Number:_____
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holding entries.
Institutional Investment Manager Filing this Report:
Name: Institutional Capital Corporation
Address: 225 West Wacker Drive, Suite 2400
Chicago, Illinois 60606
Form 13F File No: 28-16
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 the Reporting Manager:
Name: Robert J. Lukaszewicz
Title: Vice President & Controller
Phone: (312) 424-9100
Signature, Place, and Date of Signing:
/s/ Robert J. Lukaszewicz Chicago, Illinois January 28, 2000
- ------------------------- ----------------- ----------------
(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.)
[ ] 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: None
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 73
Form 13F Information Table Value Total: 11,521,033
List of Other Included Managers:
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. None
<PAGE>
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FORM 13F INFORMATION TABLE
TITLE SHARES/
OF VALUE PRN SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER CLASS CUSIP (x$1000) AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AMR Corp COM 001765106 178723 2667512 SH SOLE 2525212 142300
AT&T Corp COM 001957109 236435 4653086 SH SOLE 4386859 266227
Akzo Nobel ADR COM 010199305 195920 3938095 SH SOLE 3779795 158300
Alcan Aluminum Ltd COM 013716105 217171 5248850 SH SOLE 5047400 201450
Alcoa Inc COM 013817101 13039 157100 SH SOLE 129500 27600
American Home Products Corp COM 026609107 269365 6862795 SH SOLE 6548395 314400
Ashland Inc COM 044204105 65425 1986350 SH SOLE 1832750 153600
Associates First Capital Corp COM 046008108 246369 8979296 SH SOLE 8493096 486200
Aventis SA ADS COM 053561106 314839 5535631 SH SOLE 5340768 194863
Aviva Petroleum Inc-Dep Shr COM 05379P304 2 29212 SH SOLE 29212
Avon Products Inc COM 054303102 100082 3032800 SH SOLE 2870200 162600
Bank Austria Aktiengesellschaf COM 060593100 4760 421900 SH SOLE 421900
Bausch and Lomb Inc COM 071707103 92202 1347250 SH SOLE 1226950 120300
Baxter International Inc COM 071813109 258910 4121949 SH SOLE 3855999 265950
Becton Dickinson and Co COM 075887109 158460 5882515 SH SOLE 5540165 342350
Bell Atlantic Corp COM 077853109 309315 5024401 SH SOLE 4749001 275400
Bristol Myers Squibb Co COM 110122108 176972 2757111 SH SOLE 2628061 129050
Cable & Wireless PLC ADR COM 126830207 183545 3467200 SH SOLE 3339400 127800
Citigroup Inc COM 172967101 357394 6417844 SH SOLE 6098472 319372
Conoco Inc Cl B COM 208251405 230666 9272990 SH SOLE 8769990 503000
Continental Airlines Inc Cl B COM 210795308 35923 809525 SH SOLE 718225 91300
Dana Corp COM 235811106 108444 3622363 SH SOLE 3250563 371800
Dayton Hudson Corp COM 239753106 282330 3844488 SH SOLE 3653988 190500
Deutsche Bank AG Sponsored ADR COM 251525309 6141 72700 SH SOLE 72700
Deutsche Telekom AG Sponsored COM 251566105 6752 95100 SH SOLE 95100
Diageo PLC ADR COM 25243Q205 6061 189400 SH SOLE 189400
ENI SpA ADS COM 26874R108 27513 499100 SH SOLE 499100
Electronic Data Systems Corp COM 285661104 296079 4423212 SH SOLE 4170912 252300
Exxon Mobil Corporation COM 30231G102 134736 1672444 SH SOLE 1572044 100400
Federated Dept Stores COM 31410H101 247107 4887167 SH SOLE 4620967 266200
Ford Motor Co COM 345370100 365222 6850582 SH SOLE 6457382 393200
Fox Entertainment Group Inc COM 35138T107 40469 1622800 SH SOLE 1397500 225300
General Dynamics Corp COM 369550108 154647 2931700 SH SOLE 2838400 93300
General Motors Class H Stock COM 370442832 200176 2085170 SH SOLE 2004420 80750
General Motors Corp COM 370442105 315128 4335383 SH SOLE 4128583 206800
Granada Group PLC Ord Shs COM 0734945 6188 610700 SH SOLE 610700
Hartford Financial Services Gr COM 416515104 173435 3660899 SH SOLE 3453649 207250
Household International Inc COM 441815107 304868 8184383 SH SOLE 7790883 393500
ING Groep N V ADR COM 456837103 10692 175279 SH SOLE 175279
Independent News & Media PLC O COM 0461481 7458 1133400 SH SOLE 1133400
International Business Machine COM 459200101 344581 3194259 SH SOLE 3018809 175450
International Paper Co COM 460146103 193947 3436486 SH SOLE 3226836 209650
Jefferson Smurfit Group PLC AD COM 47508W107 5359 184800 SH SOLE 184800
Kimberly Clark Corp COM 494368103 317008 4844441 SH SOLE 4602441 242000
Koninklijke KPN N V Sponsored COM 780641205 5760 60000 SH SOLE 60000
Koninklijke Philips Electronic COM 500472204 508593 3767354 SH SOLE 3618699 148655
MediaOne Group Inc COM 58440J104 159520 2076750 SH SOLE 1987200 89550
Merita PLC COM 4827175 5392 914900 SH SOLE 914900
Motorola Inc COM 620076109 411809 2796668 SH SOLE 2651900 144768
Nestle SA Sponsored Reg ADR COM 641069406 6801 74300 SH SOLE 74300
News Corp Ltd Class A Sponsore COM 652487802 313659 9380450 SH SOLE 8983850 396600
Nortel Networks Corp COM 656569100 166304 1646575 SH SOLE 1579175 67400
Northwest Airlines Corp COM 667280101 96447 4334700 SH SOLE 4239450 95250
Pechiney ADR COM 705151207 4949 136300 SH SOLE 136300
Peninsular & Oriental COM 707190401 6064 183000 SH SOLE 183000
Portugal Telecom SA ADR COM 737273102 4758 437500 SH SOLE 437500
Providian Financial Corp COM 74406A102 181123 1989000 SH SOLE 1879050 109950
R.H. Donnelley Corporation COM 74955W307 54851 2906000 SH SOLE 2824800 81200
Roche Holdings Ltd Sponsored A COM 771195104 403 3400 SH SOLE 3400
Rolls Royce PLC Sponsered ADR COM 775781206 432 25100 SH SOLE 25100
Seagram Company Ltd COM 811850106 291368 6511009 SH SOLE 6203259 307750
TRW Inc COM 872649108 164135 3160244 SH SOLE 3058844 101400
Texaco Inc COM 881694103 274121 5047100 SH SOLE 4808100 239000
Total Fina SA Sponsored ADR COM 89151E109 138232 1996136 SH SOLE 1925371 70765
Toys R Us Holding Co COM 892335100 56848 3971900 SH SOLE 3780700 191200
Tricon Global Restaurants Inc COM 895953107 153332 3969749 SH SOLE 3794599 175150
U.S. Bancorp COM 902973106 240290 10090913 SH SOLE 9613163 477750
UPM Kymmene Corp ADR COM 915436109 4425 103500 SH SOLE 103500
US West Inc COM 91273H101 424156 5891051 SH SOLE 5581851 309200
Union Carbide Corp COM 905581104 233101 3492150 SH SOLE 3340900 151250
Vivendi Sponsored ADR COM 92851S105 5517 305450 SH SOLE 305450
Wells Fargo and Co COM 949746101 124713 3084100 SH SOLE 2924600 159500
Weyerhaeuser Co COM 962166104 284072 3955751 SH SOLE 3769401 186350
Grand Total 11521033
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