UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calandar Year or Quarter Ended: September 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 November 10, 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: 0
Form 13F Information Table Entry Total: 68
Form 13F Information Table Value Total: 889149
List of Other Included Managers:
No. 13F File Number Name
<PAGE>
<TABLE>
FORM 13F INFORMATION TABLE
VALUE SHARES/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT CALL DSCRETN SOLE SHARED NONE
<C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
3Com Corp. COM 885535104 21482 747200 SH SOLE 270700 476500
Advanta A COM 7942105 3927 268518 SH SOLE 268518 0
Airtran Hldgs COM 00949P108 7223 1435600 SH SOLE 1341200 94400
Alcoa COM 13817101 18977 305770 SH SOLE 117882 187888
Andrew Corp COM 34425108 22137 1274100 SH SOLE 492100 782000
Asia Pulp & Pap SPONSORED ADR 04516V100 3073 523100 SH SOLE 93000 430100
Autodesk, Inc. Common Stock 52769106 17161 784500 SH SOLE 304000 480500
Baker Hughes In Common Stock 57224107 9031 311400 SH SOLE 60100 251300
Bank of America Common Stock 60505104 10375 186304 SH SOLE 27245 159059
Bear Stearns Common Stock 73902108 15827 411750 SH SOLE 158890 252860
British Air ADR SPONSORED ADR 110419306 2570 44984 SH SOLE 2084 42900
Cabot Corp. Common Stock 127055101 5223 219900 SH SOLE 192100 27800
Canandaigua A Common Stock 137219200 17674 295800 SH SOLE 93500 202300
Cinergy Common Stock 172474108 18222 643600 SH SOLE 249500 394100
CitiGroup Common Stock 172967101 10486 238325 SH SOLE 31850 206475
Columbia Health Common Stock 197677107 20890 985950 SH SOLE 379800 606150
Commerzbank ADR SPONSORED ADR 202597308 162 4224 SH SOLE 4224 0
Compass Bancsh Common Stock 20449H109 16770 670800 SH SOLE 259425 411375
Conseco Common Stock 208464107 12134 638622 SH SOLE 247142 391480
Cooper Industri Common Stock 216669101 17195 367800 SH SOLE 142500 225300
Dana Corp Common Stock 235811106 18874 508400 SH SOLE 193100 315300
Delphi Auto Common Stock 247126105 17669 1100000 SH SOLE 424200 675800
EDS Common Stock 285661104 12890 243500 SH SOLE 38700 204800
Edwards AG Inc. Common Stock 281760108 2914 110500 SH SOLE 91700 18800
Ethyl Corp. Common Stock 297659104 8485 2189800 SH SOLE 1006500 1183300
Federal Nat Mtg Common Stock 313586109 19264 307300 SH SOLE 113500 193800
Flagstar Bancrp Common Stock 337930101 5627 366000 SH SOLE 343300 22700
Gateway Inc Common Stock 367626108 18920 430000 SH SOLE 132000 298000
Goodyear Tire & Common Stock 382550101 18547 385400 SH SOLE 147200 238200
Great Lakes Chm Common Stock 390568103 15990 420100 SH SOLE 162100 258000
GTE Corp. Common Stock 362320103 12285 159800 SH SOLE 200 159600
Harris Corp. Common Stock 413875105 18017 652200 SH SOLE 247800 404400
Hewlett Packard Common Stock 428236103 16571 182600 SH SOLE 70600 112000
Ingersoll-Rand Common Stock 456866102 2701 49170 SH SOLE 33770 15400
Intel Corp. Common Stock 458140100 17099 230100 SH SOLE 85200 144900
Liz Claiborne Common Stock 539320101 16452 530700 SH SOLE 204400 326300
Lockheed Martin Common Stock 539830109 18338 561000 SH SOLE 223600 337400
Magellan Health Common Stock 559079108 13885 1898800 SH SOLE 845100 1053700
Marine Drilling Common Stock 568240204 5322 336600 SH SOLE 336600 0
Mattel, Inc. Common Stock 577081102 16401 863200 SH SOLE 334300 528900
Mellon Finl Cor Common Stock 58551A108 17660 525200 SH SOLE 198200 327000
Merrill Lynch & Common Stock 590188108 5289 78500 SH SOLE 300 78200
Newcourt ADR SPONSORED ADR 650905102 24680 1889400 SH SOLE 663700 1225700
Newell Rubbermd Common Stock 651229106 19160 670800 SH SOLE 257700 413100
News Corp ADR SPONSORED ADR 652487703 3161 111166 SH SOLE 19166 92000
PairGain Tech Common Stock 695934109 7656 600500 SH SOLE 600500 0
PerkinElmer Common Stock 714046109 21079 530300 SH SOLE 209800 320500
Philip Morris Common Stock 718154107 12670 370600 SH SOLE 62400 308200
Polaroid Common Stock 731095105 18200 700000 SH SOLE 269500 430500
Popular Inc Common Stock 733174106 3363 121200 SH SOLE 109500 11700
Quantum-DSS Common Stock 747906204 10256 729300 SH SOLE 280300 449000
Raytheon Cl B Common Stock 755111408 15170 305700 SH SOLE 121500 184200
Ryland Group In Common Stock 783764103 4575 201100 SH SOLE 201100 0
SAFECO Common Stock 786429100 16061 573600 SH SOLE 222200 351400
SBC Com'cations Common Stock 78387G103 13320 260862 SH SOLE 39700 221162
Schlumberger Common Stock 806857108 15559 249700 SH SOLE 47500 202200
Seagate Technol Common Stock 811804103 14672 479100 SH SOLE 170000 309100
Shandong Huan SPONSORED ADR 819419102 2908 664700 SH SOLE 149600 515100
Sierra Pacific Common Stock 826428104 10622 477400 SH SOLE 293300 184100
Smith Int'l Common Stock 832110100 12899 318500 SH SOLE 164900 153600
Smurfit-Stone Common Stock 832727101 17889 827215 SH SOLE 319656 507559
Sprint Common Stock 852061100 19666 362500 SH SOLE 143700 218800
Telmex ADR SPONSORED ADR 879403780 5585 78380 SH SOLE 36080 42300
Transocean Common Stock G90076103 14725 480800 SH SOLE 248500 232300
TXU Common Stock 882848104 18563 497500 SH SOLE 192900 304600
Union Pacific R Common Stock 907834105 18218 1121100 SH SOLE 432900 688200
Washington Mutu Common Stock 939322103 18612 636300 SH SOLE 245600 390700
Westpac Bnk ADR SPONSORED ADR 961214301 141 4574 SH SOLE 4574 0
</TABLE>
