UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Fourth Quarter Ended: December 31, 1999
Institutional Investment Manager Filing this Report:
Name: The Killen Group, Inc.
Address: 1189 Lancaster Avenue
Berwyn, PA 19312
13F File Number: 28-2685
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 Report Manager: Robert E. Killen
Name: Robert E. Killen
Title: Chairman & CEO
Phone: 610-296-7222
Robert E. Killen Berwyn, PA 19312 January 27, 2000
Report Type: 13F Holdings Report
List of Other Managers Reporting for this Manager: None
<PAGE> FORM 13F SUMMARY PAGE
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 72 data records
Form 13F Information Table Value Total: $140,995,000
List of Other Included Managers: 0
<PAGE>
<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 COM 009363102 2340 246350 SH SOLE 31200 215150
AK STL HLDG CORP COM COM 001547108 4087 216508 SH SOLE 83258 133250
ANANGEL-AMERN SHIPHLDG SPONSOR COM 032721201 2088 388401 SH SOLE 247211 141190
ANSYS INC COM COM 03662Q105 1551 141000 SH SOLE 7000 134000
B&H OCEAN CARRIERS LTD COM COM 055090104 721 443667 SH SOLE 304405 139262
BERRY PETE CO CL A COM 085789105 3139 207533 SH SOLE 43800 163733
BIOGEN INC COM COM 090597105 203 2400 SH SOLE 2400
BLAIR CORP COM COM 092828102 1672 119425 SH SOLE 34100 85325
BSB BANCORP COM COM 055652101 3172 164757 SH SOLE 51845 112912
CALLON PETE CO DEL COM COM 13123X102 3934 265586 SH SOLE 92100 173486
CAMPBELL RES INC NEW COM COM 134422104 60 346392 SH SOLE 346392
CARBIDE/GRAPHITE GROUP COM COM 140777103 704 108250 SH SOLE 19000 89250
CASCADE CORP COM COM 147195101 1254 136470 SH SOLE 1000 135470
CHICAGO TITLE CORP COM COM 168228104 3212 69456 SH SOLE 2000 67456
CLEVELAND CLIFFS INC COM COM 185896107 2153 69158 SH SOLE 15600 53558
COCA COLA BOTTLNG CONS COM COM 191098102 284 6000 SH SOLE 6000
COHO ENERGY INC COM COM 192481109 45 104969 SH SOLE 104969
COMMONWEALTH TELEPHONE ENTRP. COM 203349105 4676 88434 SH SOLE 25066 63368
COURIER CORP COM COM 222660102 5037 212068 SH SOLE 124815 87253
CULP INC COM COM 230215105 1235 195704 SH SOLE 97915 97789
DATA I O CORP COM COM 237690102 1046 380213 SH SOLE 250855 129358
DIXIE GROUP INC COM 255519100 3195 433279 SH SOLE 237051 196228
DREW INDS INC COM NEW COM 26168L205 2140 237796 SH SOLE 91700 146096
DUCOMMUN INC DEL COM COM 264147109 3144 289097 SH SOLE 98566 190531
ENNIS BUSINESS FORMS COM COM 293389102 1566 202050 SH SOLE 25000 177050
ENVIROGEN INC COM COM 294040100 34 20000 SH SOLE 20000
ESTERLINE TECHNOLOGIES COM COM 297425100 3662 316755 SH SOLE 123170 193585
EXXON MOBIL CORP COM COM 30231G102 225 2796 SH SOLE 2796
FIRST AMERN FINL CORP COM COM 318522307 2969 238717 SH SOLE 88113 150604
FIRST ESSEX BANCORP COM COM 320103104 1599 111233 SH SOLE 24700 86533
FRONTIER OIL CORP COM COM 35914P105 4199 622024 SH SOLE 342744 279280
GIANT INDS INC COM COM 374508109 479 57140 SH SOLE 18000 39140
GREIF BROS CORP CL A COM 397624107 4227 142084 SH SOLE 47900 94184
HARDINGE INC COM COM 412324303 2644 202400 SH SOLE 68450 133950
IMC GLOBAL INC COM COM 449669100 1600 97737 SH SOLE 2000 95737
IMPALA PLATINUM HLDGS ADR COM 452553209 7403 183059 SH SOLE 98616 84443
INACOM CORP COM COM 45323G109 809 110578 SH SOLE 44150 66428
KAISER ALUMINUM CORP COM COM 483007100 1871 243336 SH SOLE 144600 98736
KEVCO INC COM COM 492716105 329 175675 SH SOLE 94500 81175
KEYSTONE CONS INDS INC COM COM 493422109 82 13828 SH SOLE 13828
LADD FURNITURE INC COM PAR 0.3 COM 505739201 4648 235330 SH SOLE 81698 153632
LAWRENCE SV BK MA NEW COM COM 520341108 525 68840 SH SOLE 10500 58340
LINDBERG CORP COM COM 535171102 2958 381656 SH SOLE 146255 235401
LOUIS DREYFUS NAT GAS COM COM 546011107 1179 65056 SH SOLE 18576 46480
MAXXAM INC COM COM 577913106 2252 52533 SH SOLE 11406 41127
MICROTOUCH SYS INC COM COM 595145103 1160 91900 SH SOLE 4500 87400
MIDWAY AIRLS CORP COM COM 598126100 628 101550 SH SOLE 1000 100550
NATIONAL STD CO COM COM 637742107 1249 399728 SH SOLE 269634 130094
NORD PAC LTD ORD NEW COM 65556D102 123 240896 SH SOLE 200110 40786
PATRICK INDS INC COM COM 703343103 2095 226450 SH SOLE 105800 120650
PLAINTREE SYS INC COM COM 72663E106 11 41000 SH SOLE 41000
PRINTRONIX INC COM COM 742578107 8089 355539 SH SOLE 155252 200287
QUALCOMM INC COM COM 747525103 282 1600 SH SOLE 1600
QUIDEL CORP COM COM 74838J101 5127 745799 SH SOLE 345676 400123
RANGER OIL LTD COM COM 752805101 2208 706522 SH SOLE 453075 253447
REHABCARE GROUP INC COM COM 759148109 2376 111800 SH SOLE 12000 99800
REPAP ENTERPRISES INC COM COM 76026M309 137 2850148 SH SOLE 2850148
SCAN OPTICS INC COM COM 805894102 925 569357 SH SOLE 377417 191940
STOLT NIELSEN S A COM COM L88742108 4195 294392 SH SOLE 104700 189692
SUNOCO INC COM COM 86764P109 1688 71820 SH SOLE 17054 54766
SYNALLOY CP DEL COM COM 871565107 209 27900 SH SOLE 27900
TEREX CORP NEW COM COM 880779103 5085 183241 SH SOLE 64744 118497
TODHUNTER INTL INC DEL COM COM 889050100 1052 115318 SH SOLE 90641 24677
TRANS LUX CORP COM COM 893247106 656 92823 SH SOLE 58200 34623
WELLS GARDNER ELECTRS COM COM 949765101 1272 407055 SH SOLE 134925 272130
WESTMORELAND COAL CO COM COM 960878106 2297 706751 SH SOLE 612034 94717
WORLD FUEL SVCS CORP COM COM 981475106 899 119850 SH SOLE 14400 105450
CASTLE CONV FD INC COM COM 148443104 740 33946 SH SOLE 33946
DUFF&PHELPS UTIL CP BD COM COM 26432K108 475 44123 SH SOLE 41123
DUFF&PHELPS UTILS INCM COM COM 264324104 883 106219 SH SOLE 106219
INDEPENDENCE SQ INCOME COM COM 453779100 599 38650 SH SOLE 38650
MONTGOMERY STR INC SEC COM COM 614115103 185 11950 SH SOLE 11950
REPORT SUMMARY 72 DATA RECORDS $140,995
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