UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F COVER PAGE
Report for the Quarter Ended: March 31, 1999
Institutional Investment Manager Filing this Report:
Name: GW Capital, Inc.
Address: 10900 N.E. Eighth Street, Suite 235
Bellevue, WA 98004
13F File Number: 801-35777
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 tru, correct
and complete, and that it is understood that all reuqired items, statements,
schedules, lists and tables are considered integral parts of this form.
Person signing this report on behalf of reporting manager:
Name: Guy Watanabe
Title: President
Phone: 425-455-4551
Signature, Place and Date of Signing:
Guy Watanabe Bellevue, Washington April 7, 1999
Report Type:
[X] 13F Holdings Report
[ ] 13F Notice
[ ] 13F Combination Report
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES
EXCHANGE ACT OF 1934.
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FORM 13F SUMMARY
Report Summary:
Number of Managers: 1
Form 13F Information Table Entry Total:
Form 13F Information Table Value Total:
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FORM 13F INFORMATION TABLE
VALUE SHARES VOTING AUTHORITY
NAME OF ISSUER TITLE/CLASS CUSIP (x$1000) PRN AMT SOLE SHRD NONE
- - ----------------------------------- ---------------------- ------------- ----------- ------------- ------- ------- ---------
AMERICAN FIN. GROUP COM 025932104 598 17000 0 0 17000
AMERUS LIFE 7.00% ACE PFD CONV 030734206 243 10000 10000 0 0
BECKMAN COULTER INC. COM 075811109 443 10000 0 0 10000
BELCO OIL & GAS 6.5% PFD CONV 077410207 583 37000 37000 0 0
COLE NATIONAL CORP. COM 193290103 3595 197000 74000 0 123000
COMPLETE MGMT. COM 20452C104 4 85000 85000 0 0
DISC GRAPHICS INC. COM 254590102 642 130000 130000 0 0
DORCHESTER HUGOTON UNIT LTD PART 258205202 466 46000 46000 0 0
DURA PHARMACEUTICALS COM 26632S109 494 35000 0 0 35000
ELDER-BEERMAN STORES COM 284470101 587 68000 0 0 68000
FIRST MIDWEST BANCORP COM 320867104 1102 29000 0 0 29000
FREMONT GENERAL CORP COM 357288109 4861 255000 80000 0 175000
GULF CANADA COM 402181305 1384 515000 265000 0 250000
IMCO RECYCLING INC. COM 449681105 4558 354000 159000 0 195000
KINDER MORGAN ENGY. PTNRS. UNIT LTD PART 494550106 606 17500 17500 0 0
LOUISIANA PACIFIC CORP. COM 546347105 4656 250000 121000 0 129000
MAXXIM MEDICAL COM 57777G105 5077 269000 94000 0 175000
MEDCO RESEARCH COM 584059109 10054 386700 162000 0 224700
MEDPARTNERS INC. COM 58503X107 713 150000 150000 0 0
MENTOR CORP. COM 587188103 2328 158500 91500 0 67000
NEWMONT MINING CORP. COM 651639106 1470 84000 49000 0 35000
NORTHWEST PIPE CO. COM 667746101 3341 202500 30500 0 172000
NUEVO ENERGY CO. COM 670509108 2788 206500 150500 0 156000
OREGON STEEL MILLS COM 686079104 2334 223600 77600 0 146000
PATINA OIL & GAS COM 703224105 3076 769000 269000 0 500000
POTLATCH CORP. COM 737628107 4914 144800 55800 0 89000
RANGE RESOURCES COM 75281A109 1428 408000 138000 0 270000
READERS DIGEST COM 755267101 1855 59000 0 0 59000
READERS DIGEST 8.25% TRACE PFD CONV 755271202 4311 135500 103500 0 32000
ST. PAUL BANCORP COM 792848103 4472 206500 87500 0 119000
SUN HEALTHCARE GROUP COM 866933104 42 41500 41500 0 0
TEXAS INDUSTIRIES INC. COM 882491103 496 20000 0 0 20000
THE SPORTS AUTHORITY COM 849176102 2208 302000 137000 0 165000
TRANSWORLD HEALTHCARE COM 894081108 750 255500 153000 0 102500
VET. CNTRS. OF AMERICA COM 925514101 4393 311000 113000 0 198000
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