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
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Check here if Amendment [ ]; Amendment Number:
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This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holding
entries.
Institutional Investment Manager Filing this Report:
Name: Advance Capital Management, Inc.
Address: One Towne Square, Suite 444
Southfield, MI 48076-3704
Form 13F File Number: 28-6474
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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: Robert J. Cappelli
Title: Vice-President
Phone: (248) 350-8543
Signature, Place, and Date of Signing:
/s/ Robert J. Cappelli Southfield, Michigan 7/30/99
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[Signature] [City, State] [Date]
Report Type (Check only one.):
[ ] 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).)
[X] 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:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name
28-115 TROWE Price
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[Repeat as necessary.]
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
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Form 13F Information Table Entry Total: 105
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Form 13F Information Table Value Total: $ 23,674
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(thousands)
List of Other Included Managers:
None
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.
<PAGE>
SUMMARY TABLE
JUNE 30, 1999
<TABLE>
<CAPTION>
TITLE VALUE IN SHARES/ SH/ PUT/ INVESTMT VOTING AUTHORITY
NAME OF ISSUER OF CLASS CUSIP $1.000'S PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AA ALUMINUM CO OF AMERICA COM 013817101 25 400 SH SOLE 400
ABT ABBOTT LABORATORIES COM 002824100 150 3,300 SH SOLE 3,300
AET AETNA COM 008117103 10 112 SH SOLE 112
AET 6.2500AETNA PFD COM 008117202 3 37 SH SOLE 37
AFS ASSOCIATES FIRST CAPITAL COM 046008108 65 1,464 SH SOLE 1,464
AHP AMERICAN HOME PRODUCTS COM 026609107 167 2,900 SH SOLE 2,900
AIG AMERICAN INTERNATIONAL GROUP COM 026874107 309 2,637 SH SOLE 2,637
AIT AMERITECH COM 030954101 213 2,900 SH SOLE 2,900
AMAT APPLIED MATERIALS COM 038222105 59 800 SH SOLE 800
AMGN AMGEN COM 031162100 207 3,400 SH SOLE 3,400
AOL AMERICA ON-LINE COM 02364J104 221 2,000 SH SOLE 2,000
ARC ATLANTIC RICHFIELD COM 048825103 33 400 SH SOLE 400
BA BOEING COM 097023105 79 1,800 SH SOLE 1,800
BAC BANKAMERICA COM 06605F102 279 3,800 SH SOLE 3,800
BEL BELL ATLANTIC COM 077853109 247 3,800 SH SOLE 3,800
BK BANK OF NEW YORK COM 064057102 51 1,400 SH SOLE 1,400
BLS BELLSOUTH COM 079860102 202 4,300 SH SOLE 4,300
BMY BRISTOL-MYERS SQUIBB COM 110122108 492 7,000 SH SOLE 7,000
BPA BP AMOCO PLC COM 055622104 86 794 SH SOLE 794
BRKB BERKSHIRE HATHAWAY COM 113809107 551 8 SH SOLE 8
BUD ANHEUSER BUSCH COM 035229103 28 400 SH SOLE 400
C CITIGROUP COM 172967101 482 10,155 SH SOLE 10,155
CAG CONAGRA INC COM 205887102 16 600 SH SOLE 600
CAH CARDINAL HEALTHCARE COM 14149Y108 63 977 SH SOLE 977
CAT CATERPILLAR COM 149123101 30 500 SH SOLE 500
CD CENDANT COM 151313103 21 1,000 SH SOLE 1,000
CHIR CHIRON COM 170040109 22 1,084 SH SOLE 1,084
CMCSK COMCAST COM 200300200 46 1,200 SH SOLE 1,200
CNC CONSECO COM 208464107 11 367 SH SOLE 367
COST COSTCO COMPANIES COM 22160Q102 122 1,530 SH SOLE 1,530
CPQ COMPAQ COMPUTER COM 204493100 115 4,900 SH SOLE 4,900
CPWR COMPUWARE COM 205638109 76 2,400 SH SOLE 2,400
CSCO CISCO SYSTEMS COM 17275R102 583 9,040 SH SOLE 9,040
DCX DAIMLER CHRYSLER COM 007100000 22 249 SH SOLE 249
DD DU PONT (E.I.) DE NEMOURS COM 263534109 198 2,900 SH SOLE 2,900
DELL DELL COMPUTER COM 247025109 511 13,800 SH SOLE 13,800
DH DAYTON HUDSON COM 239753106 33 500 SH SOLE 500
DIS DISNEY (WALT) CO. COM 254687106 180 5,850 SH SOLE 5,850
DOW DOW CHEMICAL COM 260543103 51 400 SH SOLE 400
DPH DELPHI AUTOMOTIVE COM 247126105 7 402 SH SOLE 402
DUK DUKE POWER COM 264399106 46 836 SH SOLE 836
ERICY ERICSSON COM 294821400 277 8,400 SH SOLE 8,400
F FORD MOTOR COMPANY COM 345370100 229 4,000 SH SOLE 4,000
FNM FEDERAL NATIONAL MTGE ASSOC. COM 313586109 150 2,200 SH SOLE 2,200
FTU FIRST UNION COM 337358105 99 2,100 SH SOLE 2,100
G GILLETTE COM 375766102 98 2,400 SH SOLE 2,400
GCI GANNETT COM 364730101 29 400 SH SOLE 400
GE GENERAL ELECTRIC COM 369604103 1307 11,620 SH SOLE 11,620
GLK GREAT LAKES CHEMICAL COM 390568103 5 100 SH SOLE 100
GM GENERAL MOTORS COM 370442105 38 577 SH SOLE 577
GTE G T E COM 362320103 159 2,100 SH SOLE 2,100
HD HOME DEPOT COM 437076102 270 4,200 SH SOLE 4,200
HWP HEWLETT-PACKARD COM 428236103 326 3,250 SH SOLE 3,250
IBM INTL BUS MACHINES COM 459200101 609 4,700 SH SOLE 4,700
INTC INTEL COM 458140100 601 10,100 SH SOLE 10,100
IP INT'L PAPER COM 460146103 15 300 SH SOLE 300
JNJ JOHNSON & JOHNSON COM 478160104 461 4,700 SH SOLE 4,700
JPM J. P. MORGAN COM 616880100 46 325 SH SOLE 325
JWN NORDSTROMS COM 655664100 42 1,260 SH SOLE 1,260
KO COCA-COLA COMPANY COM 191216100 450 7,200 SH SOLE 7,200
LLY LILLY (ELI) & CO. COM 532457108 172 2,400 SH SOLE 2,400
LU LUCENT TECHNOLOGIES COM 549463107 442 6,556 SH SOLE 6,556
MCD MCDONALDS COM 580135101 230 5,600 SH SOLE 5,600
MDT MEDTRONIC COM 585055106 31 400 SH SOLE 400
MMM MINNESOTA MNG & MFG COM 604059105 35 400 SH SOLE 400
MOB MOBIL COM 607059102 188 1,900 SH SOLE 1,900
MOT MOTOROLA COM 620076109 104 1,100 SH SOLE 1,100
MRK MERCK COM 589331107 699 9,500 SH SOLE 9,500
MSFT MICROSOFT COM 594918104 2255 25,000 SH SOLE 25,000
MSX MASCOTECH COM 574670105 11 700 SH SOLE 700
ONE BANK ONE COM 06423A103 218 3,653 SH SOLE 3,653
ORCL ORACLE SYSTEMS COM 68389X105 107 2,875 SH SOLE 2,875
PFE PFIZER COM 717081103 527 4,800 SH SOLE 4,800
PG PROCTOR & GAMBLE COM 742718109 384 4,300 SH SOLE 4,300
PHB PIONEER HYBRID COM 723686101 72 1,860 SH SOLE 1,860
QWST QWEST COMMUNICATIONS COM 749121109 26 800 SH SOLE 800
RD ROYAL DUTCH PETROLEUM - ADR COM 780257804 307 5,100 SH SOLE 5,100
RTN/A RAYTHEON COM 755111309 1 15 SH SOLE 15
S SEARS ROEBUCK & CO COM 812387108 20 450 SH SOLE 450
SBC SBC COMMUNICATIONS COM 78387G103 273 4,700 SH SOLE 4,700
SGP SCHERING-PLOUGH COM 806605101 170 3,200 SH SOLE 3,200
SPLS STAPLES COM 855030102 51 1,650 SH SOLE 1,650
STT STATE STREET BOSTON COM 857477103 75 880 SH SOLE 880
SUNW SUN MICROSYSTEMS COM 866810104 90 1,300 SH SOLE 1,300
T AMERICAN TEL & TEL COM 001957109 349 6,276 SH SOLE 6,276
TLAB TELLABS COM 879664100 41 600 SH SOLE 600
TWX TIME WARNER COM 887315109 176 2,400 SH SOLE 2,400
USB U.S. BANCORP COM 902973106 23 675 SH SOLE 675
VOD VODAFONE COM 92857T107 34 175 SH SOLE 175
WCOM MCI WORLDCOM COM 55268B106 843 9,777 SH SOLE 9,777
WEC WISCONSIN ENERGY CORP COM 976657106 6 238 SH SOLE 238
WFC WELLS FARGO COM 949746101 150 3,500 SH SOLE 3,500
WLA WARNER-LAMBERT COMPANY COM 934488107 187 2,700 SH SOLE 2,700
WMT WAL-MART STORES COM 931142103 338 7,000 SH SOLE 7,000
XON EXXON COM 302290101 802 10,400 SH SOLE 10,400
T AMERICAN TEL & TEL COM 001957109 349 6,276 SH SOLE 6,276
TLAB TELLABS COM 879664100 41 600 SH SOLE 600
TWX TIME WARNER COM 887315109 176 2,400 SH SOLE 2,400
USB U.S. BANCORP COM 902973106 23 675 SH SOLE 675
WCOM MCI CORP COM 55268B106 843 9,777 SH SOLE 9,777
WEC WISCONSIN ENERGY CORP COM 976657106 6 238 SH SOLE 238
WFC WELLS FARGO COM 949746101 150 3,500 SH SOLE 3,500
WLA WARNER-LAMBERT COMPANY COM 934488107 187 2,700 SH SOLE 2,700
WMT WAL-MART COM 931142103 338 7,000 SH SOLE 7,000
XON EXXON COM 302290101 802 10,400 SH SOLE 10,400
TOTAL 23674
</TABLE>
* PLEASE NOTE THAT T. ROWE PRICE ASSOCIATES IS THE SUB-ADVISOR FOR THE
STOCKS IN THE ADVANCE CAPITAL I BALANCED FUND AND EQUITY GROWTH FUND.
THEY HAVE FILED THESE SECURITIES ON OUR BEHALF ON THEIR FORM 13F REPORT.
