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: Tanaka Capital Management, Inc.
Address: 230 Park Avenue
Suite 960
New York, NY 10169
13F File Number: 28-2082
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: Graham Y. Tanaka
Title: President
Phone: 212-490-3380
Signature, Place, and Date of Signing:
Graham Y. Tanaka New York, New York May 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: 38
FORM 13F Information Table Value Total: $95,339,000
List of Other Included Managers:
No. 13F File Number Name
<PAGE>
<TABLE>
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>
AFLAC Inc. COM 001055102 14012 257389 SH SOLE 212889 44500
ASM Lithography NYS COM N07059111 3904 86755 SH SOLE 64755 22000
Anadarko Petroleum COM 032511107 3306 87565 SH SOLE 53565 34000
Associates First Capital Corpo COM 046008108 523 11620 SH SOLE 2420 9200
Brigham Exploration Co. COM 109178103 354 128870 SH SOLE 86720 42150
Business Objects ADR COM 12328X107 5625 189485 SH SOLE 131635 57850
Colgate Palmolive COM 194162103 269 2928 SH SOLE 2928
Deswell Inds. Inc. COM 250639101 949 117725 SH SOLE 72975 44750
Federal Nat'l Mtg. COM 313586109 1232 17795 SH SOLE 11295 6500
Flir Systems COM 302445101 2417 133379 SH SOLE 87429 45950
Garden Ridge COM 36541P104 3031 444920 SH SOLE 284245 160675
Home Depot COM 437076102 913 14670 SH SOLE 5970 8700
ICN Pharmaceuticals Inc. COM 448924100 1507 59999 SH SOLE 27274 32725
IHOP Corp COM 449623107 3024 77043 SH SOLE 54243 22800
Integrated Process Equipment C COM 45812K108 307 34155 SH SOLE 28955 5200
Intel Corp. COM 458140100 9735 81894 SH SOLE 67194 14700
Johnson & Johnson COM 478160104 350 3745 SH SOLE 3745
K V Pharmaceutical Cl A COM 482740206 2962 204252 SH SOLE 142027 62225
Lilly Eli COM 532457108 1282 15100 SH SOLE 6800 8300
MFC Bancorp COM 55271X103 2140 316993 SH SOLE 222368 94625
NFO Worldwide Inc. COM 62910N108 2174 217375 SH SOLE 144675 72700
Novellus Systems COM 670008101 8366 151772 SH SOLE 120447 31325
Paine Webber Group COM 695629105 1755 44005 SH SOLE 29805 14200
PepsiCo, Inc. COM 713448108 362 9225 SH SOLE 5825 3400
Pfizer COM 717081103 5692 41022 SH SOLE 30747 10275
Philip Morris Cos. COM 718154107 3256 92530 SH SOLE 82855 9675
Procter & Gamble COM 742718109 544 5550 SH SOLE 5550
Schering Plough COM 806605101 1710 30950 SH SOLE 15550 15400
Seitel Inc. COM 816074306 3419 245330 SH SOLE 164980 80350
Staples Inc. COM 855030102 3719 113119 SH SOLE 55832 57287
The Learning Company COM 522008101 2295 79140 SH SOLE 37990 41150
Thomas Group, Inc. COM 884402108 1275 145685 SH SOLE 97010 48675
Three-Five Systems COM 88554L108 1018 118055 SH SOLE 82530 35525
Toys R Us Inc COM 892335100 272 14440 SH SOLE 7140 7300
Transamerica Corp COM 893485102 366 5150 SH SOLE 2150 3000
Venture Seismic Ltd. COM 92327K108 16 55955 SH SOLE 38455 17500
Viragen Inc. COM 927638106 307 614185 SH SOLE 569685 44500
Warner Lambert COM 934488107 952 14370 SH SOLE 7470 6900
</TABLE>
