UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calandar 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: 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, New York May 13, 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 EXCHANE 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: 936632
List of Other Included Managers:
No. 13F File Number Name
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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 PRNCALLDSCRETN MANAGERS SOLE SHARED NONE
<S> <C> <C> <C> <C> <C><C> <C> <C> <C> <C> <C>
3Com Corp. COM 885535104 18016 773SH SOLE 296 477
Advanta A COM 7942105 4646 420SH SOLE 420 0
Airtran Hldgs COM 00949P108 10251 2,448SH SOLE 2,300 148
Alcoa COM 13817101 18652 453SH SOLE 183 270
Amgen COM 31162100 21819 291SH SOLE 115 177
Andrew Corp COM 34425108 13022 1,058SH SOLE 439 619
Asia Pulp & Pap SPONSORED ADR 04516V100 3712 443SH SOLE 66 377
Autodesk, Inc. COM 52769106 17716 438SH SOLE 173 265
Baker Hughes In COM 57224107 7894 325SH SOLE 73 251
Bank of America COM 60505104 14641 207SH SOLE 33 174
Bear Stearns COM 73902108 19014 425SH SOLE 173 253
British Air ADR SPONSORED ADR 110419306 3959 58SH SOLE 15 43
Canandaigua A COM 137219200 15475 307SH SOLE 105 202
Chase Manhattan COM 16161A108 13378 164SH SOLE 63 102
Chubb COM 171232101 2741 47SH SOLE 45 2
Cinergy COM 172474108 17157 624SH SOLE 254 370
CitiGroup COM 172967101 13995 219SH SOLE 45 174
Columbia Health COM 197677107 19283 1,018SH SOLE 412 606
Commerzbank ADR UNSPONSORED ADR 202597308 61 2SH SOLE 2 0
Compass Bancsh COM 20449H109 16743 485SH SOLE 199 287
Conseco COM 208464107 16014 519SH SOLE 217 301
Cooper Industri COM 216669101 16198 380SH SOLE 155 225
Dana Corp COM 235811106 14007 369SH SOLE 81 288
Delphi Auto COM 247126105 18476 1,041SH SOLE 421 620
EDS COM 285661104 14752 303SH SOLE 58 245
Edwards AG Inc. COM 281760108 2680 82SH SOLE 70 13
EG&G COM 268457108 18230 691SH SOLE 286 405
Ethyl Corp. COM 297659104 10185 2,397SH SOLE 1,137 1260
Federal Nat Mtg COM 313586109 17555 254SH SOLE 100 153
FirstEnergy COM 337932107 17665 631SH SOLE 256 375
Flagstar Bancrp COM 337930101 7152 270SH SOLE 256 14
Gateway 2000 In COM 367833100 15296 223SH SOLE 74 149
Goodyear Tire & COM 382550101 15083 303SH SOLE 130 173
Great Lakes Chm COM 390568103 17662 481SH SOLE 196 285
GTE Corp. COM 362320103 10261 170SH SOLE 10 160
Harris Corp. COM 413875105 11942 417SH SOLE 182 235
Hewlett Packard COM 428236103 17096 252SH SOLE 103 150
Humana Health P COM 444859102 16889 979SH SOLE 399 580
Ingersoll-Rand COM 456866102 3351 68SH SOLE 49 19
Int'l Business COM 459200101 6665 38SH SOLE 6 32
Intel Corp. COM 458140100 11400 96SH SOLE 37 59
Liz Claiborne COM 539320101 19350 593SH SOLE 242 352
Magellan Health COM 559079108 6972 1,665SH SOLE 611 1054
Mattel, Inc. COM 577081102 19678 789SH SOLE 319 471
Mellon Bank COM 585509102 19079 271SH SOLE 108 164
Merrill Lynch & COM 590188108 6947 79SH SOLE 0 78
Nevada Power COM 641423108 14189 573SH SOLE 319 254
Newcourt ADR SPONSORED ADR 650905102 3432 127SH SOLE 18 109
News Corp ADR SPONSORED ADR 652487703 3639 123SH SOLE 16 108
PairGain Tech COM 695934109 5189 532SH SOLE 532 0
Philip Morris COM 718154107 11886 338SH SOLE 69 269
Polaroid COM 731095105 20593 1,020SH SOLE 412 608
Popular Inc COM 733174106 4826 156SH SOLE 145 12
Quantum Corp. COM 747906105 13561 753SH SOLE 304 449
Raytheon Cl B COM 755111408 21052 359SH SOLE 152 207
Ryland Group In COM 783764103 4301 170SH SOLE 170 0
SAFECO COM 786429100 17732 439SH SOLE 183 256
SBC Com'cations COM 78387G103 12909 274SH SOLE 52 221
Schlumberger COM 806857108 7247 120SH SOLE 28 92
Seagate Technol COM 811804103 14657 496SH SOLE 187 309
Sears COM 812387108 16182 358SH SOLE 135 224
Shandong Huan SPONSORED ADR 819419102 2285 609SH SOLE 94 515
Smith Int'l COM 832110100 13560 339SH SOLE 178 161
Smurfit-Stone COM 832727101 19960 1,034SH SOLE 419 615
Sprint COM 852061100 21224 216SH SOLE 88 129
St. Paul Cos. COM 792860108 9289 299SH SOLE 145 154
Telmex ADR SPONSORED ADR 879403780 7193 109SH SOLE 54 55
Texas Utilities COM 882848104 18896 450SH SOLE 183 267
Transocean COM 893817106 9779 339SH SOLE 179 161
Union Pacific R COM 907834105 25479 2,146SH SOLE 869 1276
Washington Mutu COM 939322103 20041 490SH SOLE 193 297
Westpac Bnk ADR SPONSORED ADR 961214301 65 2SH SOLE 2 0
Whitman Corp COM 96647K102 14709 856SH SOLE 341 515
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