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: Pacific Financial Research
Address: 9601 Wilshire Blvd., Suite 800
Beverly Hills, CA 90210
Form 13F File Number: 28-2004
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: Peter J. Quinn
Title: Vice President
Phone: 310-247-3939
Signature, Place, and Date of Signing:
/s/
Peter J. Quinn Beverly Hills, CA May 5, 1999
--------------------- ------------------ ------------------
(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).)
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 32
Form 13F Information Table Value Total: $4686104
(thousands)
List of Other Included Managers:
NONE
<PAGE>
<TABLE>
Form 13F INFORMATION TABLE
<CAPTION>
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
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Airgas, Inc. COM 009363102 51776 6182200 SH SOLE 5759500 451300
Archstone Communities Trust COM 039581103 17404 864800 SH SOLE 808900 59700
Bear Stearns Companies, Inc. COM 073902108 197706 4424189 SH SOLE 4108409 342135
Columbia/HCA Healthcare Corpor COM 197677107 236644 12496075 SH SOLE 11617375 945000
De Beers Consolidated Mines, L COM 240253302 276207 14585200 SH SOLE 13538500 1121600
Enesco Group, Inc. COM 292973104 6846 379000 SH SOLE 324800 58800
Equity Office Properties Trust COM 294741103 46464 1831100 SH SOLE 1714800 124600
Equity Residential Properties COM 29476L107 144425 3501200 SH SOLE 3248100 272700
Fannie Mae COM 313586109 747420 10793064 SH SOLE 10081564 773600
Franklin Resources Inc. COM 354613101 33404 1187700 SH SOLE 1097000 102700
Freddie Mac COM 313400301 717849 12525172 SH SOLE 11643872 945400
General Nutrition Co. COM 37047f103 90409 6457800 SH SOLE 6034300 458900
Gillette Co. COM 375766102 2665 44838 SH SOLE 44838
Golden West Financial Corp. COM 381317106 168032 1759500 SH SOLE 1642900 123500
Great Lakes Chemical Corp. COM 390568103 33567 913400 SH SOLE 862600 50800
International Game Technology COM 459902102 66117 4520800 SH SOLE 4216500 313500
Johnson & Johnson COM 478160104 108421 1159580 SH SOLE 1090380 73600
Manpower, Inc. COM 56418H100 165114 7063700 SH SOLE 6595400 493300
Mattel, Inc. COM 577081102 190097 7622950 SH SOLE 7101075 559575
McDonald's Corporation COM 580135101 8301 183200 SH SOLE 183200
Morgan Stanley, Dean Witter, D COM 617446448 1134 11345 SH SOLE 11345
Nike, Inc. Class B COM 654106103 176530 3060100 SH SOLE 2892500 174500
Octel Corp. COM 675727101 1409 115000 SH SOLE 114100 900
Old Republic International Cor COM 680223104 103155 5652311 SH SOLE 5240073 442938
Olsten Corp. COM 681385100 41926 6775900 SH SOLE 6320600 486900
PepsiCo, Inc. COM 713448108 7148 182400 SH SOLE 182400
Philip Morris Companies, Inc. COM 718154107 523745 14884399 SH SOLE 13857099 1105000
Sigma Aldrich Corp. COM 826552101 80189 2741500 SH SOLE 2534300 207200
Smithkline Beecham PLC ADR COM 832378301 12155 170000 SH SOLE 170000
Stanley Works COM 854616109 126972 4955000 SH SOLE 4578400 398400
Toys ''R'' Us Inc. COM 892335100 99723 5300915 SH SOLE 4907715 423400
UST Inc. COM 902911106 203151 7776100 SH SOLE 7210200 608200
</TABLE>
