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: Donald Smith & Co., Inc.
Address: East 80 Route 4, Suite 360
Paramus, New Jersey 07652
13F File Number: 28-1345
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: Donald Smith
Title: President
Phone: 201-368-9210
Signature, Place and Date of Signing:
Donald Smith Paramus, New Jersey FEBRUARY 09, 2000
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: 79
Form 13F Information Table Value Total: $711,163,000
List of Other Included Managers:
No. 13f file number Name
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<C> <C> <C>
TITLE OF SHARES/ SHPUT/INVSTVOTING AUTHRTY
NAME OF ISSUER CLASS CUSIP $1000) PRN AMT PRCALLDSCRESOLE SHRD NON
ALLMERICA FINL CORP COM 19754100 13490245000SH 245000 245000
AMER PACIFIC COM 28740108 3119402500SH 402500 402500
AMERICAN NAT'L INS CO COM 28591105 8159122000SH 122000 122000
AMPCO-PITT COM 32037103 4666472500SH 472500 472500
ANDERSON'S COM 34164103 1487122669SH 122669 122669
ANNALY MTG MGM COM 35710409 6250625000SH 625000 625000
ARMCO STEEL COM 42170100 155293499000SH 3499000 3499000
ASARCO INC COM 43413103 177681286300SH 1286300 1286300
AUDIOVOX COM 50757103 5674856400SH 856400 856400
AYDIN CORP COM 54681101 1904144400SH 144400 144400
BEI MEDICAL COM 05538P104 14898500SH 98500 98500
BELL INDS COM 78107109 3895375460SH 375460 375460
BOISE CASCADE CORP COM 97383103 28586886400SH 886400 886400
BROWN & SHARPE COM 115223109 3066636900SH 636900 636900
CNA FINL CORP COM 126117100 15021387000SH 387000 387000
CASE CORP COM 14743R103 404711594900SH 1594900 1594900
CASTLE & COOKE COM 148433105 10350773800SH 773800 773800
COAST FEDERAL LITIGATION COM 19034Q110 4048681600SH 681600 681600
COMMONWEALTH INDS COM 203004106 7056784000SH 784000 784000
CORN PRODS INTL INC COM 219023108 8378350000SH 350000 350000
CROWN CENT PETE CORP COM 228219309 1869253400SH 253400 253400
CYPRUS AMAX MINERALS CO COM 232809103 335262765000SH 2765000 2765000
DELTA WOODSIDE COM 247909104 1444300000SH 300000 300000
ESCO ELECTRS CORP COM 269030201 5967663000SH 663000 663000
FORD MTR CO DEL COM 345370100 368565000SH 65000 65000
FOSTER L B CO COM 350060109 1320285400SH 285400 285400
GENERAL MTRS CORP COM 370442105 48981563000SH 563000 563000
GOLDEN STATE BANCORP LIT COM 381197136 3454713000SH 713000 713000
GREAT ATLANTIC & PAC TEA COM 390064103 10401346700SH 346700 346700
GUARANTEE LIFE COM 400740106 2419142300SH 142300 142300
HANDELMAN CO DEL COM 410252100 1497111900SH 111900 111900
HOVNANIAN COM 442487203 2933391000SH 391000 391000
IMATION COM 45245A107 108765900SH 65900 65900
INTERGRAPH CORP COM 458683109 104631550000SH 1550000 1550000
INTL ALUM COM 458884103 101240700SH 40700 40700
INTL RECIFIERS COM 460254105 6090870000SH 870000 870000
INTL SHIPHOLDING COM 460321201 4001320100SH 320100 320100
KLM AIRLINES COM 482516101 8952322600SH 322600 322600
KMART COM 482584109 483462875500SH 2875500 2875500
KMART - KM PrT PFD 498778208 453875000SH 75000 75000
LEHMAN BROS COM 524908100 298850000SH 50000 50000
LTV CORP COM 501921100 207413858700SH 3858700 3858700
MARITRANS COM 570363101 3264567700SH 567700 567700
MARSH SUPERMKTS COM 571783208 2578217100SH 217100 217100
McMORAN EXPLORATION COM 582411104 153995062SH 95062 95062
MDC HOLDINGS COM 552676108 6633461400SH 461400 461400
MERCHANTS GROUP INC COM 588539106 189490200SH 90200 90200
MONARCH MACH TOOLS CO COM 609150107 1071155800SH 155800 155800
NATIONAL STEEL CORP COM 637844309 220532673100SH 2673100 2673100
NORD RES CORP COM 655555100 61972400SH 972400 972400
NORTEAST UTILS COM 664397106 408622945000SH 2945000 2945000
OFFSHORE LOGISTICS COM 676255102 2488214000SH 214000 214000
ORANGE CO INC NEW COM 684177108 2171408600SH 408600 408600
OVERSEAS SHIPHOLDING COM 690368105 2656228500SH 228500 228500
PERINI COM 713839108 1028235000SH 235000 235000
PFF BANCORP COM 69331W104 6650380000SH 380000 380000
POPE & TALBOT COM 732827100 4242665400SH 665400 665400
PUBLIC SERVICE CO N MEX COM 744499104 279331643100SH 1643100 1643100
PULTE HOMES CORP COM 745867101 12725611400SH 611400 611400
RAILTEX COM 750766107 1445127000SH 127000 127000
ROUGE INDS INC NEW COM 779099100 90011028700SH 1028700 1028700
RYERSON TULL INC NEW COM 78375P107 10887741176SH 741176 741176
RYLAND GROUP INC COM 783764103 10776425700SH 425700 425700
SILICON VALLEY GROUP COM 827066101 5104414500SH 414500 414500
SPARTON CORP COM 847235108 2201382700SH 382700 382700
STANDARD MICROSYSTEMS COM 853626109 906115000SH 115000 115000
STANDARD PAC CORP NEW COM 85375C101 4035313400SH 313400 313400
STBI SYSTEMS COM 784741100 2949377500SH 377500 377500
STEWART & STEVENSON COM 860342104 80721050000SH 1050000 1050000
STEWART INFO SERVICES COM 860372101 293787500SH 87500 87500
TEEKAY SHIPPING COM V89564104 11938723500SH 723500 723500
TIG HLDGS INC COM 872469101 279771715000SH 1715000 1715000
U S HOME CORP NEW COM 911920106 13866425000SH 425000 425000
ULTRAMAR DIAMOND SHAMROC COM 904000106 3487161231SH 161231 161231
UNITED INDUSTRIAL COM 910671106 2620235500SH 235500 235500
WEIRTON STL CORP COM 948774104 18361276700SH 1276700 1276700
WHEELING PITTSBURGH CORP COM 929248102 6536830000SH 830000 830000
YELLOW CORP COM 985509108 16680960000SH 960000 960000
ZAPATA COM 989070503 3283367300SH 367300 367300
711163
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