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, 2000
Check here if Amendment [x]; Amendment Number:
This Amendment (Check only one.) : [ ] is a restatement.
[x] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: CIC/HCM Asset Management, Inc.
Address: 633 West Fifth Street
Suite 1180
Los Angeles, CA 90071
13F File Number: 28-3660
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: Fernando Inzunza
Title: Principal
Phone: 213-629-0451
Signature, Place, and Date of Signing:
Fernando Inzunza Los Angeles, California May 8, 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: 39
Form 13F Information Table Value Total: $301,585
List of Other Included Managers: 0
No. 13F File Number Name
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<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>
AT & T Corporation COM 001957109 11061 196417 SH
SOLE 31169 165248
Alcoa Inc. COM 013817101 8857 126075 SH
SOLE 20035 106040
BankAmerica Corp. COM 060505104 7065 134735 SH
SOLE 21420 113315
Barrick Gold COM 067901108 6589 420010 SH
SOLE 61600 358410
Bell Atlantic COM 077853109 6554 107225 SH
SOLE 17585 89640
Bellsouth Corp COM 079860102 2674 57040 SH
SOLE 8400 48640
Boeing COM 097023105 6751 178535 SH
SOLE 28370 150165
Champion International Corp. COM 158525105 7251 136165 SH
SOLE 21640 114525
Chase Manhattan Bank COM 16161A108 9696 111205 SH
SOLE 17675 93530
Chevron COM 166751107 9141 98885 SH
SOLE 15725 83160
Cigna COM 125509109 9092 120030 SH
SOLE 19190 100840
Citigroup COM 172967101 12542 209465 SH
SOLE 33275 176190
Compaq COM 204493100 9594 355335 SH
SOLE 56500 298835
Conagra Inc COM 205887102 6025 332440 SH
SOLE 52865 279575
DuPont COM 263534109 6786 128195 SH
SOLE 20370 107825
Eastman Kodak COM 277461109 6707 123495 SH
SOLE 19645 103850
Emerson Electric COM 291011104 7115 133925 SH
SOLE 21305 112620
Exxon Mobil Corp COM 30231G102 13714 175960 SH
SOLE 28455 147505
Federal National Mtg. Assn. COM 313586109 2625 46415 SH
SOLE 8000 38415
FleetBoston Financial Corpora COM 339030108 7899 216405 SH
SOLE 34410 181995
Ford COM 345370100 7579 164990 SH
SOLE 27005 137985
Heinz H J Co COM 423074103 6168 176870 SH
SOLE 28210 148660
Honeywell International, Inc. COM 438516106 7699 146125 SH
SOLE 23260 122865
Household International COM 441815107 7178 192370 SH
SOLE 30515 161855
Interntl Paper COM 460146103 7045 164795 SH
SOLE 26230 138565
Kerr-McGee Corp. COM 492386107 8035 139135 SH
SOLE 22115 117020
Kimberly-Clark Corp. COM 494368103 7418 132320 SH
SOLE 21015 111305
Occidental Petroleum COM 674599105 8966 432110 SH
SOLE 68785 363325
PPG Industries Inc. COM 693506107 6768 129385 SH
SOLE 20530 108855
Phelps Dodge Corporation COM 717265102 6650 140375 SH
SOLE 22320 118055
Phillips Petroleum COM 718507106 7935 171565 SH
SOLE 27260 144305
Schlumberger Ltd. COM 806857108 10349 135280 SH
SOLE 21505 113775
St. Paul Company COM 792860108 9206 269780 SH
SOLE 42895 226885
Texaco COM 881694103 8038 149535 SH
SOLE 23760 125775
Transocean Sedco Forex COM G90078109 12260 238926 SH
SOLE 38019 200907
UNOCAL COM 915289102 6981 234655 SH
SOLE 37225 197430
Union Pacific COM 907818108 6400 163570 SH
SOLE 25930 137640
Washington Mutual COM 939322103 4827 182165 SH
SOLE 28960 153205
Wells Fargo & Co. COM 949746101 4345 106620 SH
SOLE 16970 89650
</TABLE>
