UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington DC 20549
FORM 13F
FORM 13F COVER PAGE
for the Calendar Year or Quarter Ended: June 30, 1999
here if Amendment [ ]; Amendment Number:
Amendment: [ ] is a restatement.
[ ] adds new holdings entries.
Investment Manager Filing this Report:
: NCM CAPITAL MANAGEMENT GROUP INC.
Address: 103 West Main St.
4th Floor
Durham, N.C. 27701
13F File Number: 28-2553
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.
Signing this Report on Behalf of Reporting Manager:
: Edith Noel
Title: Corporate Secretary
Phone: 919-688-0620
, Place, and Date of Signing:
Noel Durham, N.C. 7/14/99
- ------------------------------ -------------------- --------
Signature City, State Date
Type:
[X] 13F HOLDINGS REPORT
[ ] 13F NOTICE
[ ] 13F COMBINATION REPORT
<PAGE>
FORM 13F SUMMARY PAGE
Summary:
of Other Included Managers: 0
13F Information Table Entry Total: 212
13F Information Table Value Total: $1,331,637
of Other Included Managers:
NONE
<PAGE>
<TABLE>
<CAPTION>
FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
- -------------------------------- -------- --------- -------- ---------------------- -------- ------------ --------------------------
TITLE CUSIP VALUE SHARES / SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER OF CLASS NUMBER (x$1000) PRINCIPAL AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- -------------------------------- -------- --------- -------- ------------- --- ---- -------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AES AES CORPORATION COMMON 00130H105 13588 233779 SH SOLE AL 233779
AES AES CORPORATION COMMON 00130H105 1189 20448 SH DEFINED AL 20448
T A T & T CORP COMMON 001957109 15062 269861 SH SOLE AL 269861
ADLAC ADELPHIA COMMUNICATIONS-CL COMMON 006848105 3391 53300 SH SOLE AL 53300
AA ALCOA INC. COMMON 013817101 11895 192250 SH SOLE AL 192250
AYE ALLEGHENEY ENERGY INC. COMMON 017361106 1161 36200 SH SOLE AL 36200
AGN ALLERGAN, INC. COMMON 018490102 4196 37800 SH SOLE AL 37800
ALL ALLSTATE CORP. COMMON 020002101 8446 235425 SH SOLE AL 235425
AT ALLTEL CORP COMMON 020039103 7257 101500 SH SOLE AL 101500
ALTR ALTERA CORPORATION COMMON 021441100 4395 119400 SH SOLE AL 119400
AOL AMERICA ONLINE INC. COMMON 02364J104 7464 67850 SH SOLE AL 67850
AXP AMERICAN EXPRESS COMMON 025816109 514 3950 SH SOLE AL 3950
AIG AMERICAN INTL GROUP COMMON 026874107 10519 89714 SH SOLE AL 89714
APCC AMERICAN POWER CONVERSION COMMON 029066107 6994 347548 SH SOLE AL 347548
APCC AMERICAN POWER CONVERSION COMMON 029066107 1419 70500 SH DEFINED AL 70500
AWK AMERICAN WATER WORKS INC COMMON 030411102 5237 170300 SH SOLE AL 170300
APC ANADARKO PETE COMMON 032511107 5923 160900 SH SOLE AL 160900
ANAD ANADIGICS INC. COMMON 032515108 1554 42000 SH SOLE AL 42000
ADI ANALOG DEVICES COMMON 032654105 3342 66600 SH SOLE AL 66600
BUD ANHEUSER BUSCH COMMON 035229103 7732 109000 SH SOLE AL 109000
ATHM AT HOME CORP. SER A COMMON 045919107 1392 25800 SH SOLE AL 25800
ARC ATLANTIC RICHFIELD COMMON 048825103 501 6000 SH SOLE AL 6000
CGO ATLAS AIR INC. COMMON 049164106 1967 61000 SH SOLE AL 61000
AUD AUTOMATIC DATA PROCESSING COMMON 053015103 3687 83805 SH SOLE AL 83805
AUD AUTOMATIC DATA PROCESSING COMMON 053015103 1726 39216 SH DEFINED AL 39216
AVY AVERY-DENNISON COMMON 053611109 7432 123100 SH SOLE AL 123100
BJ BJ'S WHOLESALE CLUB INC. COMMON 05548J106 4218 140300 SH SOLE AL 140300
BPA BP AMOCO PLC COMMON 055622104 10208 94084 SH SOLE AL 94084
BPA BP AMOCO PLC COMMON 055622104 1020 9400 SH DEFINED AL 9400
BMCS BMC SOFTWARE INC COMMON 055921100 11192 207264 SH SOLE AL 207264
BMCS BMC SOFTWARE INC COMMON 055921100 1841 34100 SH DEFINED AL 34100
BAC BANK OF AMERICA CORP. COMMON 060505104 25810 352050 SH SOLE AL 352050
ONE BANK ONE CORP COMMON 06423A103 13819 232000 SH SOLE AL 232000
BAX BAXTER INTERNATIONAL COMMON 071813109 6220 102600 SH SOLE AL 102600
BEC BECKMAN COULTER INC. COMMON 075811109 997 20500 SH SOLE AL 20500
BLS BELLSOUTH CORP COMMON 079860102 15712 340640 SH SOLE AL 340640
BNI BURLINGTON NORTHERN COMMON 12189T104 700 22591 SH SOLE AL 22591
BNI BURLINGTON NORTHERN COMMON 12189T104 328 10586 SH DEFINED AL 10586
CMS CMS ENERGY CORP. COMMON 125896100 2355 56250 SH SOLE AL 56250
CSX CSX CORPORATION COMMON 126408103 12057 265725 SH SOLE AL 265725
CVS CVS CORP. COMMON 126650100 15195 299400 SH SOLE AL 299400
ELY CALLAWAY GOLF COMPANY COMMON 131193104 1360 93000 SH SOLE AL 93000
CAH CARDINAL HEALTH INC. COMMON 14149Y108 13393 208851 SH SOLE AL 208851
CAH CARDINAL HEALTH INC. COMMON 14149Y108 1289 20108 SH DEFINED AL 20108
CD CENDANT CORP. COMMON 151313103 10721 522975 SH SOLE AL 522975
CTL CENTURYTEL INC COMMON 156700106 8764 220467 SH SOLE AL 220467
CTL CENTURYTEL INC COMMON 156700106 1049 26400 SH DEFINED AL 26400
CEN CERIDIAN CORP. COMMON 15677T106 1053 32200 SH SOLE AL 32200
AMFM CHANCELLOR MEDIA CORP. COMMON 158915108 2558 46400 SH SOLE AL 46400
COFI CHARTER ONE FIN INC. COMMON 160903100 1908 68600 SH SOLE AL 68600
CHV CHEVRON USA INC COMMON 166751107 12280 129175 SH SOLE AL 129175
CSCO CISCO SYSTEMS INC. COMMON 17275R102 16365 253964 SH SOLE AL 253964
CSCO CISCO SYSTEMS INC. COMMON 17275R102 1156 17942 SH DEFINED AL 17942
C CITIGROUP INC. COMMON 172967101 9017 189835 SH SOLE AL 189835
C CITIGROUP INC. COMMON 172967101 1311 27592 SH DEFINED AL 27592
CCU CLEAR CHANNEL COMM. COMMON 184502102 8048 116748 SH SOLE AL 116748
CCU CLEAR CHANNEL COMM. COMMON 184502102 1055 15300 SH DEFINED AL 15300
CLX CLOROX COMPANY COMMON 189054109 440 4120 SH SOLE AL 4120
CMCSK COMCAST CORP-SPECIAL COMMON 200300200 4367 113600 SH SOLE AL 113600
CDO COMDISCO INC COMMON 200336105 2975 116100 SH SOLE AL 116100
CA COMPUTER ASSOC COMMON 204912109 12152 221950 SH SOLE AL 221950
CMVT COMVERSE TECHNOLOGY INC. COMMON 205862402 2537 33600 SH SOLE AL 33600
CNC CONSECO COMMON 208464107 8076 265326 SH SOLE AL 265326
COST COSTCO COMPANIES INC. COMMON 22160Q102 11585 144700 SH SOLE AL 144700
CNK CROMPTON & KNOWLES CORP. COMMON 227111101 7458 377625 SH SOLE AL 377625
CYT CYTEC INDUSTRIES INC COMMON 232820100 1200 38100 SH SOLE AL 38100
DSP DSP COMMUNICATIONS INC. COMMON 23332K106 1692 58600 SH SOLE AL 58600
DHR DANAHER CORP COMMON 235851102 2005 34500 SH SOLE AL 34500
DH DAYTON HUDSON CORP COMMON 239753106 8346 128400 SH SOLE AL 128400
DL DIAL CORP. COMMON 25247D101 10152 273000 SH SOLE AL 273000
DIS WALT DISNEY HOLDING CO. COMMON 254687106 2354 76408 SH SOLE AL 76408
DIS WALT DISNEY HOLDING CO. COMMON 254687106 1103 35800 SH DEFINED AL 35800
DG DOLLAR GENERAL COMMON 256669102 2212 76286 SH SOLE AL 76286
DG DOLLAR GENERAL COMMON 256669102 1033 35625 SH DEFINED AL 35625
DD E. I. DUPONT COMMON 263534109 9992 146275 SH SOLE AL 146275
DUK DUKE POWER COMPANY COMMON 264399106 5147 94550 SH SOLE AL 94550
EMC EMC CORP/MASS COMMON 268648102 12496 227200 SH SOLE AL 227200
ESV ENSCO INTERNATIONAL INC. COMMON 26874Q100 2953 148100 SH SOLE AL 148100
EPG EL PASO ENERGY CORPORATION COMMON 283905107 2073 58900 SH SOLE AL 58900
EMR EMERSON ELECTRIC CO COMMON 291011104 10029 159350 SH SOLE AL 159350
ENE ENRON COMMON 293561106 8261 101050 SH SOLE AL 101050
EQ EQUITABLE COMPANIES INC. COMMON 29444G107 7517 112200 SH SOLE AL 112200
EOP EQUITY OFFICE PROPERTIES COMMON 294741103 789 30800 SH SOLE AL 30800
EQR EQUITY RESIDENTIAL PROPS COMMON 29476L107 847 18800 SH SOLE AL 18800
ETYS ETOYS INC. COMMON 297862104 884 21700 SH SOLE AL 21700
XON EXXON CORPORATION COMMON 302290101 11939 154800 SH SOLE AL 154800
FNM FEDERAL NAT'L MTG ASSN COMMON 313586109 8116 118920 SH SOLE AL 118920
FD FEDERATED DEPARTMENT STORE COMMON 31410H101 17864 337450 SH SOLE AL 337450
FITB FIFTH THIRD BANCORP. COMMON 316773100 7215 108400 SH SOLE AL 108400
FDC FIRST DATA CORP COMMON 319963104 3736 76350 SH SOLE AL 76350
FTEN FIRST TENNESSEE NATL CORP COMMON 337162101 942 24600 SH SOLE AL 24600
FSR FIRSTAR CORPORATION COMMON 33763V109 15253 544752 SH SOLE AL 544752
FSR FIRSTAR CORPORATION COMMON 33763V109 1212 43300 SH DEFINED AL 43300
FHS FOUNDATION HEALTH SYSTEMS COMMON 350404109 3062 204100 SH SOLE AL 204100
BEN FRANKLIN RESOURCES INC. COMMON 354613101 17857 439550 SH SOLE AL 439550
GE GENERAL ELECTRIC CO COMMON 369604103 1763 15600 SH SOLE AL 15600
GM GENERAL MOTORS COMMON 370442105 5356 81150 SH SOLE AL 81150
GTSG GLOBAL TELESYSTEMS GROUP COMMON 37936U104 4107 50700 SH SOLE AL 50700
HAL HALLIBURTON CO COMMON 406216101 14666 324100 SH SOLE AL 324100
HDI HARLEY DAVIDSON COMMON 412822108 4587 84350 SH SOLE AL 84350
HLI HARTFORD LIFE - CL A COMMON 416592103 2215 42097 SH SOLE AL 42097
HLI HARTFORD LIFE - CL A COMMON 416592103 1037 19700 SH DEFINED AL 19700
HAS HASBRO INC. COMMON 418056107 724 25900 SH SOLE AL 25900
HPC HERCULES INC COMMON 427056106 692 17600 SH SOLE AL 17600
HWP HEWLETT-PACKARD COMPANY COMMON 428236103 15964 158850 SH SOLE AL 158850
HD HOME DEPOT INC COMMON 437076102 11111 172430 SH SOLE AL 172430
RX IMS HEALTH INC. COMMON 449934108 3572 114288 SH SOLE AL 114288
RX IMS HEALTH INC. COMMON 449934108 1081 34580 SH DEFINED AL 34580
ITW ILLINOIS TOOL WORKS COMMON 452308109 11870 145200 SH SOLE AL 145200
IR INGERSOLL RAND COMMON 456866102 3716 57500 SH SOLE AL 57500
INTC INTEL CORP COMMON 458140100 21628 363500 SH SOLE AL 363500
IBM INTL BUS. MACHINES COMMON 459200101 11839 91600 SH SOLE AL 91600
IP INTERNATIONAL PAPER COMMON 460146103 11395 226775 SH SOLE AL 226775
IPG INTERPUBLIC GROUP COS INC COMMON 460690100 4006 46248 SH SOLE AL 46248
IPG INTERPUBLIC GROUP COS INC COMMON 460690100 1178 13600 SH DEFINED AL 13600
INTU INTUIT INC. COMMON 461202103 2298 25500 SH SOLE AL 25500
ITG INVESTMENT TECHNOLOGY COMMON 46145F105 1648 51300 SH SOLE AL 51300
JNJ JOHNSON & JOHNSON COMPANY COMMON 478160104 11953 121972 SH SOLE AL 121972
JNJ JOHNSON & JOHNSON COMPANY COMMON 478160104 1244 12693 SH DEFINED AL 12693
JCI JOHNSON CONTROLS INC. COMMON 478366107 2620 37800 SH SOLE AL 37800
KM K MART CORP COMMON 482584109 10390 629725 SH SOLE AL 629725
KMB KIMBERLY-CLARK CORP. COMMON 494368103 11939 209454 SH SOLE AL 209454
KR KROGER CO. COMMON 501044101 7370 263800 SH SOLE AL 263800
LGTO LEGATO SYSTEMS INC. COMMON 524651106 2102 36400 SH SOLE AL 36400
LEH LEHMAN BROTHERS HOLDINGS COMMON 524908100 969 15600 SH SOLE AL 15600
LLTC LINEAR TECHNOLOGY CORP COMMON 535678106 2515 37400 SH SOLE AL 37400
LOW LOWES COMPANIES INC COMMON 548661107 9580 169000 SH SOLE AL 169000
LZ LUBRIZOL CORPORATION COMMON 549271104 995 36500 SH SOLE AL 36500
LU LUCENT TECHNOLGIES INC. COMMON 549463107 12537 185900 SH SOLE AL 185900
MBI MBIA INC. COMMON 55262C100 1548 23900 SH SOLE AL 23900
WCOM MCI WORLDCOM INC. COMMON 55268B106 12028 139759 SH SOLE AL 139759
MBG MANDALAY RESORT GROUP COMMON 562567107 3757 177300 SH SOLE AL 177300
MMC MARSH & McLENNAN COMMON 571748102 19024 251352 SH SOLE AL 251352
MMC MARSH & McLENNAN COMMON 571748102 1097 14495 SH DEFINED AL 14495
MRIS MARSHALL & ILSLEY CORP. COMMON 571834100 2478 38500 SH SOLE AL 38500
MLM MARTIN MARIETTA MATERIALS COMMON 573284106 2201 37300 SH SOLE AL 37300
UMG MEDIAONE GROUP INC. COMMON 58440J104 4039 54300 SH SOLE AL 54300
MDT MEDTRONIC INC COMMON 585055106 4836 62100 SH SOLE AL 62100
MRK MERCK & COMPANY COMMON 589331107 14594 198224 SH SOLE AL 198224
MSFT MICROSOFT CORP COMMON 594918104 22085 244876 SH SOLE AL 244876
MSFT MICROSOFT CORP COMMON 594918104 1481 16424 SH DEFINED AL 16424
MMM MINNESOTA MINING & MFG COMMON 604059105 11852 136325 SH SOLE AL 136325
MOB MOBIL CORP COMMON 607059102 9809 99334 SH SOLE AL 99334
MOB MOBIL CORP COMMON 607059102 1002 10145 SH DEFINED AL 10145
MOT MOTOROLA INC COMMON 620076109 17064 180100 SH SOLE AL 180100
NCR NCR CORPORATION COMMON 62886E108 1269 26000 SH SOLE AL 26000
NFS NATIONWIDE FINANCIAL SRV COMMON 638612101 2109 46600 SH SOLE AL 46600
NYT NEW YORK TIMES CO. COMMON 650111107 839 22800 SH SOLE AL 22800
NWL NEWELL RUBBERMAID INC. COMMON 651229106 6221 134135 SH SOLE AL 134135
NI NISOURCE INC. COMMON 65473P105 1440 55800 SH SOLE AL 55800
NOK NOKIA CORP COMMON 654902204 4871 53200 SH SOLE AL 53200
ORCL ORACLE SYSTEMS COMMON 68389X105 33567 904173 SH SOLE AL 904173
PBG PEPSI BOTTLING GROUP INC. COMMON 713409100 1034 44700 SH SOLE AL 44700
PFE PFIZER INC. COMMON 717081103 6758 62000 SH SOLE AL 62000
PNW PINNACLE WEST CAPITAL COMMON 723484101 4488 111500 SH SOLE AL 111500
PBI PITNEY BOWES, INC. COMMON 724479100 6939 108000 SH SOLE AL 108000
PX PRAXAIR COMMON 74005P104 7248 148100 SH SOLE AL 148100
PG PROCTER & GAMBLE CO COMMON 742718109 763 8550 SH SOLE AL 8550
PL PROTECTIVE LIFE CORP. COMMON 743674103 3451 101500 SH SOLE AL 101500
PFGI PROVIDENT FINANCIAL GROUP COMMON 743866105 556 12700 SH SOLE AL 12700
QCOM QUALCOMM INC. COMMON 747525103 3200 22300 SH SOLE AL 22300
ROK ROCKWELL INTERNATIONAL COR COMMON 773903109 9617 158300 SH SOLE AL 158300
SBC SBC COMMUNICATIONS INC COMMON 78387G103 34885 601471 SH SOLE AL 601471
SBC SBC COMMUNICATIONS INC COMMON 78387G103 1081 18646 SH DEFINED AL 18646
SCI SCI SYSTEMS COMMON 783890106 1208 25500 SH SOLE AL 25500
SPW SPX CORP COMMON 784635104 1161 13900 SH SOLE AL 13900
SWY SAFEWAY INC. COMMON 786514208 8108 163804 SH SOLE AL 163804
SWY SAFEWAY INC. COMMON 786514208 1194 24127 SH DEFINED AL 24127
SKS SAKS INCORPORATED COMMON 79377W108 2264 78400 SH SOLE AL 78400
SGP SCHERING PLOUGH CORP COMMON 806605101 15708 299200 SH SOLE AL 299200
SLB SCHLUMBERGER LTD COMMON 806857108 15175 238275 SH SOLE AL 238275
SEE SEALED AIR CORP. NEW COMMON 81211K100 5651 87100 SH SOLE AL 87100
SIAL SIGMA-ALDRICH COMMON 826552101 11038 320510 SH SOLE AL 320510
SIAL SIGMA-ALDRICH COMMON 826552101 1319 38306 SH DEFINED AL 38306
SII SMITH INTERNATIONAL COMMON 832110100 2163 49800 SH SOLE AL 49800
SLR SOLECTRON CORP. COMMON 834182107 1200 18000 SH SOLE AL 18000
SOI SOLUTIA INC. COMMON 834376105 1922 90200 SH SOLE AL 90200
LUV SOUTHWEST AIRLINES COMMON 844741108 1033 33200 SH SOLE AL 33200
FON SPRINT CORPORATION COMMON 852061100 12068 227700 SH SOLE AL 227700
STT STATE STREET CORP COMMON 857477103 13352 156389 SH SOLE AL 156389
STT STATE STREET CORP COMMON 857477103 999 11700 SH DEFINED AL 11700
SUNW SUN MICROSYSTEMS COMMON 866810104 18778 272644 SH SOLE AL 272644
SUNW SUN MICROSYSTEMS COMMON 866810104 1150 16700 SH DEFINED AL 16700
TJX TJX COMPANIES COMMON 872540109 2427 72858 SH SOLE AL 72858
TJX TJX COMPANIES COMMON 872540109 1133 34000 SH DEFINED AL 34000
TLAB TELLABS INC. COMMON 879664100 14634 216600 SH SOLE AL 216600
TEVIY TEVA PHARMACEUTICAL-SP ADR COMMON 881624209 539 11000 SH SOLE AL 11000
TX TEXACO INC. COMMON 881694103 4778 76600 SH SOLE AL 76600
TXN TEXAS INSTRUMENTS COMMON 882508104 439 3050 SH SOLE AL 3050
TXT TEXTRON INC COMMON 883203101 7982 96975 SH SOLE AL 96975
TWX TIME WARNER INC COMMON 887315109 8214 113100 SH SOLE AL 113100
TWTC TIME WARNER TELECOM INC. COMMON 887319101 1462 50400 SH SOLE AL 50400
RIG TRANS OCEAN OFFSHORE COMMON 893817106 2279 86800 SH SOLE AL 86800
TYC TYCO INTERNATIONAL LTD. COMMON 902124106 19086 201433 SH SOLE AL 201433
TYC TYCO INTERNATIONAL LTD. COMMON 902124106 1429 15082 SH DEFINED AL 15082
MRO USX-MARATHON GROUP COMMON 902905827 14612 448725 SH SOLE AL 448725
USAI USA NETWORKS INC. COMMON 902984103 397 9900 SH SOLE AL 9900
X USX-U.S. STEEL GROUP INC. COMMON 90337T101 10560 391125 SH SOLE AL 391125
UNP UNION PACIFIC COMMON 907818108 13043 223675 SH SOLE AL 223675
UTX UNITED TECHNOLOGIES CP COMMON 913017109 12551 174325 SH SOLE AL 174325
VSH VISHAY INTERTECHNOLOGY INC COMMON 928298108 2423 115375 SH SOLE AL 115375
VOD VODAFONE AIRTOUCH PLC-ADR COMMON 92857T107 1983 10066 SH SOLE AL 10066
VOD VODAFONE AIRTOUCH PLC-ADR COMMON 92857T107 927 4704 SH DEFINED AL 4704
WMT WAL-MART STORES, INC. COMMON 931142103 1250 25900 SH SOLE AL 25900
WLA WARNER LAMBERT COMMON 934488107 1141 16500 SH SOLE AL 16500
WM WASHINGTON MUTUAL INC. COMMON 939322103 8428 236985 SH SOLE AL 236985
WMI WASTE MANAGEMENT INC COMMON 94106L109 20152 374925 SH SOLE AL 374925
WPI WATSON PHARMACEUTICALS INC COMMON 942683103 5617 160204 SH SOLE AL 160204
WPI WATSON PHARMACEUTICALS INC COMMON 942683103 1200 34217 SH DEFINED AL 34217
WMB WILLIAMS COMPANIES COMMON 969457100 289 6800 SH SOLE AL 6800
XRX XEROX CORPORATION COMMON 984121103 3231 54700 SH SOLE AL 54700
FUS FUSION CAPITAL LIMITED COMMON 99KBRM900 5189 24000000 SH SOLE AL 24000000
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