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: ValueQuest/TA, LLC
Address: 18 Sewall Street
Marblehead, MA 01945
13F File Number: 28-1699
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: TERRENCE B. MAGRATH
Title: MANAGING DIRECTOR AND CEO
Phone: 781 417-7215
Signature, Place, and Date of Signing:
Terrence B. Magrath Marblehead, Massachusetts July 30, 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: 0
Form 13F Information Table Entry Total: 73
Form 13F Information Table Value Total: 1036050
List of Other Included Managers:
No. 13F File Number Name
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FORM 13F INFORMATION TABLE
VALUE SHARES/ PUT/INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT CALLDSCRETN SOLE SHARED NONE
<C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
3Com Corp. COM 885535104 19941 747200 SH SOLE 270,700 476,500
Advanta A COM 7942105 6255 346318 SH SOLE 346,318 0
Airtran Hldgs COM 00949P108 9245 1607800 SH SOLE 1,495,800 112,000
Alcoa COM 13817101 19699 318370 SH SOLE 122,882 195,488
Amgen COM 31162100 12607 207100 SH SOLE 77,500 129,600
Andrew Corp COM 34425108 26230 1385100 SH SOLE 553,200 831,900
Asia Pulp & Pap SPONSORED ADR 04516V100 3675 381800 SH SOLE 61,700 320,100
Asia Pulp Warrt SPONSORED ADR 04516V209 233 88640 SH SOLE 13,160 75,480
Autodesk, Inc. COM 52769106 23186 784300 SH SOLE 303,800 480,500
Baker Hughes In COM 57224107 10432 311400 SH SOLE 60,100 251,300
Bank of America COM 60505104 13658 186304 SH SOLE 27,245 159,059
Bear Stearns COM 73902108 19249 411750 SH SOLE 158,890 252,860
British Air ADR SPONSORED ADR 110419306 3121 43684 SH SOLE 784 42,900
Canandaigua A COM 137219200 15511 295800 SH SOLE 93,500 202,300
Cinergy COM 172474108 20595 643600 SH SOLE 249,500 394,100
CitiGroup COM 172967101 11354 239025 SH SOLE 32,550 206,475
Columbia Health COM 197677107 22492 985950 SH SOLE 379,800 606,150
Commerzbank ADR SPONSORED ADR 202597308 61 2024 SH SOLE 2,024 0
Compass Bancsh COM 20449H109 18279 670800 SH SOLE 259,425 411,375
Conseco COM 208464107 19438 638622 SH SOLE 247,142 391,480
Cooper Industri COM 216669101 19126 367800 SH SOLE 142,500 225,300
Dana Corp COM 235811106 13570 294600 SH SOLE 55,500 239,100
Delphi Auto COM 247126105 18678 1009600 SH SOLE 389,500 620,100
EDS COM 285661104 15368 271400 SH SOLE 44,700 226,700
Edwards AG Inc. COM 281760108 2851 88400 SH SOLE 73,900 14,500
EG&G COM 268457108 22162 622100 SH SOLE 247,000 375,100
Ethyl Corp. COM 297659104 13961 2326800 SH SOLE 1,066,900 1,259,900
Federal Nat Mtg COM 313586109 16742 245300 SH SOLE 92,200 153,100
FirstEnergy COM 337932107 20379 657400 SH SOLE 253,700 403,700
Flagstar Bancrp COM 337930101 6780 268500 SH SOLE 254,100 14,400
Gateway Inc COM 367626108 12698 215000 SH SOLE 66,000 149,000
Goodyear Tire & COM 382550101 17185 292200 SH SOLE 119,000 173,200
Great Lakes Chm COM 390568103 19351 420100 SH SOLE 162,100 258,000
GTE Corp. COM 362320103 12118 160500 SH SOLE 900 159,600
Harris Corp. COM 413875105 18743 478300 SH SOLE 185,700 292,600
Hewlett Packard COM 428236103 24251 241300 SH SOLE 91,800 149,500
Humana Health P COM 444859102 15110 1167900 SH SOLE 453,350 714,550
Ingersoll-Rand COM 456866102 3178 49170 SH SOLE 33,770 15,400
Int'l Business COM 459200101 9720 75200 SH SOLE 12,200 63,000
Intel Corp. COM 458140100 18261 306900 SH SOLE 114,900 192,000
LifePoint Hosp COM 53219L109 0 1 SH SOLE 1 0
Liz Claiborne COM 539320101 20958 574200 SH SOLE 222,700 351,500
Lockheed Martin COM 539830109 20894 560900 SH SOLE 223,500 337,400
Magellan Health COM 559079108 18988 1898800 SH SOLE 845,100 1,053,700
Mattel, Inc. COM 577081102 19952 763700 SH SOLE 293,200 470,500
Mellon Bank COM 585509102 19104 525200 SH SOLE 198,200 327,000
Merrill Lynch & COM 590188108 6241 78500 SH SOLE 300 78,200
Nevada Power COM 641423108 11935 477400 SH SOLE 293,300 184,100
Newcourt ADR SPONSORED ADR 650905102 24363 1883100 SH SOLE 657,400 1,225,700
News Corp ADR SPONSORED ADR 652487703 3809 107866 SH SOLE 15,866 92,000
PairGain Tech COM 695934109 6120 532200 SH SOLE 532,200 0
Philip Morris COM 718154107 14817 368700 SH SOLE 61,700 307,000
Polaroid COM 731095105 25933 943000 SH SOLE 365,100 577,900
Popular Inc COM 733174106 3707 122300 SH SOLE 110,600 11,700
Quantum Corp. COM 747906105 17594 729300 SH SOLE 280,300 449,000
Raytheon Cl B COM 755111408 19084 270700 SH SOLE 107,400 163,300
Ryland Group In COM 783764103 5970 201100 SH SOLE 201,100 0
SAFECO COM 786429100 21224 481000 SH SOLE 186,300 294,700
SBC Com'cations COM 78387G103 15176 261662 SH SOLE 40,500 221,162
Schlumberger COM 806857108 15903 249700 SH SOLE 47,500 202,200
Seagate Technol COM 811804103 12277 479100 SH SOLE 170,000 309,100
Sears COM 812387108 2130 47800 SH SOLE 41,400 6,400
Shandong Huan SPONSORED ADR 819419102 3315 639000 SH SOLE 123,900 515,100
Smith Int'l COM 832110100 13835 318500 SH SOLE 164,900 153,600
Smurfit-Stone COM 832727101 17534 852715 SH SOLE 330,556 522,159
Sprint COM 852061100 19213 362500 SH SOLE 143,700 218,800
Telmex ADR SPONSORED ADR 879403780 6237 77180 SH SOLE 34,880 42,300
Transocean COM G90076103 12590 479600 SH SOLE 247,300 232,300
TXU COM 882848104 20599 497100 SH SOLE 192,500 304,600
Union Pacific R COM 907834105 22725 1393100 SH SOLE 537,600 855,500
Washington Mutu COM 939322103 16896 475100 SH SOLE 178,100 297,000
Westpac Bnk ADR SPONSORED ADR 961214301 59 1774 SH SOLE 1,774 0
Whitman Corp. COM 96647R107 21375 1187500 SH SOLE 459,100 728,400
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