UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June, 30, 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: ICM Asset Management, Inc.
Address: W. 601 Main Avenue, Suite 600
Spokane WA 99201
Form 13F File Number: 28-03766
The institutional investment manager filing this report and the person
by whom it is signed hereby represent 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: Robert J. Law
Title: Sr. Vice President
Phone: (509) 455-3588)
Signature, Place and Date of Signing:
Robert J. Law Spokane, WA 08-16-99
[Signature] [City, State] [Date]
Report Type (Check only one.):
_X__ 13F HOLDINGS REPORT. (Check here if all holdings of this
reporting manager are reported in this report.)
___ 13F NOTICE. (Check here if no holdings reported are in this
report, and all holdings are reported by other reporting manager(s).
___ 13F COMBINATION REPORT. (Check here if a portion of the holdings for
this reporting manager are reported in this report and a portion are
reported by other reporting manager(s).)
Form 13F File Number Name
28-03766 ICM Asset Management, Inc.
[Repeat as necessary.]
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 168
Form 13F Information Table Value Total: 1,426,893
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is
filed, other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column
headings and list entries.] None
[Repeat as necessary.]
<PAGE>
<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>
Avista Corp Ser L pfd 05379B503 181 10618 SH Sole 10618
GTE Deleware pfd 36232e202 252 10000 SH Sole 10000
A T&T Corp com 001957109 2701 48400 SH Sole 48400
ABC-NACO Inc com 000752105 19075 930500 SH Sole 489600 440900
Abaxis Inc com 002567105 273 92000 SH Sole 92000
Abbott Laboratories com 002824100 5372 118400 SH Sole 113050 5350
Adac Laboratories com 005313200 5859 808200 SH Sole 514150 294050
Air Products & Chemicals com 009158106 2288 56850 SH Sole 53800 3050
Albertsons Inc com 013104104 3253 63095 SH Sole 59620 3475
American Express com 025816109 299 2300 SH Sole 2200 100
American Hm Prod Co com 026609107 493 8600 SH Sole 8600
American Intl Group Inc com 026874107 6829 58247 SH Sole 53822 4425
Andrew Corp com 034425108 9523 502880 SH Sole 448830 54050
Anheuser Busch Cos Inc com 035229103 3189 44950 SH Sole 44950
Atlantic Richfield com 048825103 3288 39350 SH Sole 35850 3500
Aura Systems Inc com 051526101 702 3207750 SH Sole 2438650 769100
Auto Data Processing com 053015103 2895 65800 SH Sole 65800
Avnet Inc com 053807103 1015 21825 SH Sole 21675 150
BP Amoco Plc ADR com 055622104 1881 17339 SH Sole 17339
Bank of America Corp com 06605F102 4542 61949 SH Sole 56886 5063
Baxter Int'l Inc com 071813109 276 4550 SH Sole 4400 150
Bedford Property Investors com 076446301 26255 1468800 SH Sole 917600 551200
Beverly Enterprises com 087851309 43156 5352709 SH Sole 3460984 1891725
Birner Dental Mgm't Services com 091283101 212 84700 SH Sole 84700
Bonded Motors Inc com 097894109 235 62800 SH Sole 62800
Bristol Myers com 110122108 1078 15300 SH Sole 11200 4100
Building Material Hldg Corp com 120113105 11262 979274 SH Sole 521924 457350
Burlington Resources com 122014103 3559 82298 SH Sole 77298 5000
Cabot Corp com 127055101 28786 1190130 SH Sole 769780 420350
Cabot Oil & Gas Corp Cl A com 127097103 10548 566350 SH Sole 323900 242450
Calgon Carbon Corp com 129603106 18714 3151811 SH Sole 2025261 1126550
Cascade Corp com 147195101 7893 563780 SH Sole 282030 281750
Cascade Natural Gas com 147339105 1064 56000 SH Sole 23100 32900
Casino Data Systems com 147583108 87 17200 SH Sole 17200
Charming Shoppes com 161133103 45923 7536010 SH Sole 4879760 2656250
Chevron Corp com 166751107 401 4217 SH Sole 3717 500
Cisco Systems com 17275R102 3387 52568 SH Sole 47318 5250
Coca Cola Co com 191216100 274 4414 SH Sole 4414
Coherent Inc com 192479103 41027 2202807 SH Sole 1399957 802850
Colgate-Palmolive com 194162103 1586 16100 SH Sole 12900 3200
Computer Sciences Corp com 205363104 2453 35450 SH Sole 31700 3750
Corning Inc com U21932105 414 5900 SH Sole 4500 1400
Crescent Real Estate Equities com 225756105 9618 404950 SH Sole 268150 136800
Dialogic Corp com 252499108 1268 28900 SH Sole 28900
Duke Power com 264399106 1268 23300 SH Sole 23300
EFTC Corp com 268443108 4325 887200 SH Sole 497100 390100
Elantec Semiconductor Inc com 284155108 228 16900 SH Sole 16900
Electronic Data Systems com 285661104 1779 31425 SH Sole 31425
Eli Lilly & Co com 532457108 1705 23800 SH Sole 20300 3500
Emerson Elec com 291011104 4609 73225 SH Sole 71100 2125
Engelhard Corp com 292845104 5380 237808 SH Sole 224058 13750
Enron Oil & Gas com 293562104 7321 361550 SH Sole 158350 203200
Epitope Inc com 294261102 93 15900 SH Sole 15900
Essex Property Trust Inc com 297178105 11072 313000 SH Sole 247200 65800
Exxon Corp com 302290101 644 8354 SH Sole 7842 512
Family Golf Centers Inc com 30701A106 21540 2801980 SH Sole 1832505 969475
Federal Nat'l Mtge com 313586109 5639 82625 SH Sole 76250 6375
First Industrial Rlty-REIT com 32054K103 11306 412050 SH Sole 239100 172950
First Security Corp com 336294103 685 25132 SH Sole 23670 1462
Flow Int'l Inc com 343468104 13065 1208300 SH Sole 641350 566950
Forest Oil Corp com 346091606 11901 947350 SH Sole 534400 412950
Fritz Companies Inc com 358846103 555 51650 SH Sole 27400 24250
GTE Corp com 362320103 4004 53027 SH Sole 48529 4498
Gannett Co com 364730101 5706 79950 SH Sole 75000 4950
General Electric com 369604103 2688 23788 SH Sole 22278 1510
Goodrich (B.F.) Co com 382388106 1927 45350 SH Sole 44950 400
HCR Manor Care com 404134108 1988 82200 SH Sole 81400 800
HS Resources Inc com 404297103 10550 715278 SH Sole 405991 309287
Halliburton Co com 406216101 3122 69000 SH Sole 64400 4600
Harmon Int'l com 413086109 11310 257050 SH Sole 231525 25525
Hewlett-Packard com 428236103 2937 29225 SH Sole 27400 1825
Hologic Inc com 436440101 5562 988750 SH Sole 857700 131050
IL Tool Works Inc com 452308109 1512 18500 SH Sole 15700 2800
IRI Int'l Corp com 45004F107 7642 1652400 SH Sole 775600 876800
Idacorp Inc com 451107106 7532 239100 SH Sole 213600 25500
Imagematrix Corp com 451921100 1 20170 SH Sole 20170
Inacom Corp com 45323G109 5797 459156 SH Sole 415432 43724
Input/Output Inc com 457652105 5406 714795 SH Sole 621220 93575
Insight Health Services Corp com 45766Q101 138 20800 SH Sole 20800
Int'l Rectifier Corp com 460254105 52121 3915160 SH Sole 2442860 1472300
Intel Corp com 458140100 3938 66180 SH Sole 60580 5600
Interdent Inc com 45865R109 4996 683158 SH Sole 486829 196329
Interdigital Comm Corp com 45866A105 85 19000 SH Sole 19000
Interface Inc com 458665106 20462 2372350 SH Sole 1462750 909600
John H Harland Co com 412693103 28813 1445156 SH Sole 915431 529725
Johnson & Johnson com 478160104 3709 37850 SH Sole 36850 1000
Justin Inds com 482171105 3454 247830 SH Sole 209930 37900
K2 Inc com 482732104 15971 1786936 SH Sole 1092336 694600
Kemet Corp com 488360108 36411 1587413 SH Sole 976988 610425
Keycorp com 493267108 414 12884 SH Sole 12884
Kopin Corp com 500600101 16740 699311 SH Sole 365711 333600
Lab Holdings Inc com 505353102 2118 152650 SH Sole 98550 54100
LabOne Inc com 50540E101 861 84000 SH Sole 57900 26100
Lechters Inc com 523238103 2665 1065950 SH Sole 689600 376350
Louisiana Pacific Corp com 546347105 1394 58400 SH Sole 58000 400
Lucent Technologies Inc com 549463107 4168 61798 SH Sole 60192 1606
MN Mining & Mfg com 604059105 2178 25050 SH Sole 25050
Magnetek Inc. com 559424106 24497 2319288 SH Sole 1562538 756750
Material Sciences Corp com 576674105 13150 876650 SH Sole 583400 293250
McDermott Int'l Inc com 580037109 32795 1160897 SH Sole 710647 450250
McDonalds Corp com 580135101 5087 123700 SH Sole 116600 7100
Mediaone Group Inc com 58440J104 4587 61675 SH Sole 56200 5475
Medtronic Inc com 585055106 4892 62825 SH Sole 59500 3325
Merck & Co com 589331107 3729 50650 SH Sole 46800 3850
Michaels Stores com 594087108 46239 1509834 SH Sole 938284 571550
Microsoft com 594918104 457 5070 SH Sole 4920 150
Milacron Inc com 598709103 14377 777130 SH Sole 561830 215300
Mission West Properties com 605203108 519 62900 SH Sole 24200 38700
Molex Inc com 608554101 2588 69941 SH Sole 67366 2575
Mosaix Inc com 619454101 2196 171350 SH Sole 154350 17000
Motorola Inc com 620076109 1137 12000 SH Sole 9950 2050
Nabors Industries Inc com 629568106 38968 1598694 SH Sole 1048919 549775
Nicor Inc com 654086107 1629 42800 SH Sole 40800 2000
Nisource Inc com 65473P105 2469 95650 SH Sole 88650 7000
Noble Affiliates Inc com 654894104 2582 91600 SH Sole 87400 4200
Nordstrom Inc com 655664100 2311 69000 SH Sole 63600 5400
O'Sullivan Inds com 688609106 13569 798150 SH Sole 377300 420850
Officemax Inc com 67622M108 9965 830430 SH Sole 746580 83850
Oneok Inc com 682680103 1572 49500 SH Sole 49300 200
Oracle Corp com 68389X105 3490 94018 SH Sole 85946 8072
Pennzoil Co com 709323109 25025 1668306 SH Sole 1082087 586219
Pep Boys Man Mo Jack com 713278109 319 15200 SH Sole 15200
Pepsico com 713448108 2687 69465 SH Sole 60740 8725
Petco Animal Supplies Inc com 716016100 39260 2492730 SH Sole 1568330 924400
Pier One Imports com 720279108 9686 860992 SH Sole 520142 340850
Plenum Communications Inc. com 729089102 101 60000 SH Sole 60000
Precision Castparts com 740189105 10459 246100 SH Sole 106200 139900
Proctor & Gamble Co com 742718109 3984 44635 SH Sole 40360 4275
R & B Falcon Corp com 74912E101 9054 965770 SH Sole 866570 99200
RTI Int'l Metals com 74973W107 23181 1578264 SH Sole 977464 600800
Rock Bottom Restaurants Inc com 771833100 6955 717850 SH Sole 403950 313900
Rollins Truck Leasing Corp com 775741101 14485 1302025 SH Sole 771750 530275
Sara Lee Corp com 803111103 2648 116700 SH Sole 110900 5800
Schlumberger ltd com 806857108 3452 54200 SH Sole 51400 2800
Sequent Computer Systems Inc com 817338106 10536 593550 SH Sole 320650 272900
Sherwin-Williams Co com 824348106 228 8200 SH Sole 8100 100
Shurgard Storage Ctr-REIT com 82567D104 19398 715150 SH Sole 400000 315150
Softnet Systems com 833964109 4171 149650 SH Sole 70300 79350
Soligen Technologies Inc. com 82 229303 SH Sole 229303
Sonosite Inc com 83568G104 4414 259660 SH Sole 168601 91059
Spacelabs Medical Inc com 846247104 1748 92600 SH Sole 66900 25700
St Jude Medical Inc com 790849103 9318 261550 SH Sole 233950 27600
Sunrise Medical Inc com 867910101 18203 2554850 SH Sole 1559000 995850
Sunshine Mining Inc com 867833105 7 18500 SH Sole 18500
Superior Energy Services Inc com 868157108 326 63900 SH Sole 63900
TJ International Inc com 872534102 20723 668475 SH Sole 400125 268350
Telxon Corp com 879700102 3433 432500 SH Sole 186100 246400
Tenet Healthcare Corp com 88033G100 1956 105400 SH Sole 104600 800
Tenneco Inc com 88037E101 1991 83400 SH Sole 82800 600
Texaco Inc com 881694103 3844 61620 SH Sole 57220 4400
Titanium Metals Corp com 888339108 24998 2222051 SH Sole 1403501 818550
Toys 'R' Us com 892335100 2206 106637 SH Sole 105737 900
Tyco International Ltd com 902120104 840 8864 SH Sole 8864
U.S. Wireless Corporation com 90339C106 138 36200 SH Sole 36200
US Bancorp com 902973106 308 9218 SH Sole 8943 275
US Oncology Inc com 90338W103 20381 1698452 SH Sole 1146372 552080
UST Inc com 902911106 2386 81400 SH Sole 81400
Veterinary Centers of America com 925514101 17124 1262600 SH Sole 725350 537250
Vishay Intertechnology com 928298108 41848 1992757 SH Sole 1248623 744135
WTB Fin Cl B com 940990146 504 7960 SH Sole 7960
Wal-Mart Stores Inc com 931142103 918 19020 SH Sole 18820 200
Washington Mutual Inc com 939322103 1891 53175 SH Sole 53175
Weatherford Int'l com 947074100 34380 938700 SH Sole 593094 345606
Williams Co com 969457100 477 11200 SH Sole 11200
Windemere-Durable Hldgs com 973411101 34857 2065600 SH Sole 1172750 892850
Wyman-Gordon Co com 983085101 40877 2116601 SH Sole 1393788 722813
Xerox Corp com 984121103 2921 49450 SH Sole 46350 3100
York Research Corp com 987048105 536 86650 SH Sole 86650
</TABLE>
