UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 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 11-10-99
[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
29-03766 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: 170
Form 13F Information Table Value Total: 1,203,438
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>
ICM Asset Management, Inc.
FORM 13F
September 30, 1999
Voting Authority
--------------------------
Value Shares/ Sh/ Put/ Invstmt Other
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>
GTE Deleware pfd 36232e202 250 10000 SH Sole 10000
A T&T Corp com 001957109 2164 49750 SH Sole 49600 150
ABC-NACO Inc com 000752105 12907 913750 SH Sole 472850 440900
Abaxis Inc com 002567105 371 82400 SH Sole 82400
Abbott Laboratories com 002824100 4318 117700 SH Sole 112250 5450
Adac Laboratories com 005313200 13783 1404650 SH Sole 856250 548400
Air Products & Chemicals com 009158106 1675 57250 SH Sole 54000 3250
Albertsons Inc com 013104104 2495 63053 SH Sole 59378 3675
American Express com 025816109 310 2300 SH Sole 2200 100
American Hm Prod Co com 026609107 357 8600 SH Sole 8600
American Intl Group Inc com 026874107 6298 72444 SH Sole 66814 5630
Andrew Corp com 034425108 6746 388280 SH Sole 338080 50200
Anheuser Busch Cos Inc com 035229103 2305 32900 SH Sole 32900
Atlantic Richfield com 048825103 3527 39800 SH Sole 36200 3600
Aura Systems Inc com 051526101 367 2936700 SH Sole 2167600 769100
Auto Data Processing com 053015103 2530 56700 SH Sole 56300 400
Avnet Inc com 053807103 940 22375 SH Sole 22125 250
BP Amoco Plc ADR com 055622104 1921 17339 SH Sole 17339
Bank of America Corp com 06605F102 3418 61374 SH Sole 56311 5063
Baxter Int'l Inc com 071813109 274 4550 SH Sole 4400 150
Bedford Property Investors com 076446301 22711 1345817 SH Sole 795817 550000
Bergen Brunswig com 083739102 6107 588621 SH Sole 520121 68500
Beverly Enterprises com 087851309 25367 5968675 SH Sole 3628450 2340225
Birner Dental Mgm't Services com 091283101 205 84700 SH Sole 84700
Bonded Motors Inc com 097894109 220 62800 SH Sole 62800
Bristol Myers com 110122108 1019 15100 SH Sole 11000 4100
Building Material Hldg Corp com 120113105 9576 957600 SH Sole 500250 457350
Burlington Resources com 122014103 3034 82548 SH Sole 77248 5300
Cabot Corp com 127055101 26583 1119274 SH Sole 700024 419250
Cabot Oil & Gas Corp Cl A com 127097103 16060 931000 SH Sole 612100 318900
Cadence Design Sys Inc com 127387108 4626 345900 SH Sole 299300 46600
Calgon Carbon Corp com 129603106 20720 3041418 SH Sole 1913168 1128250
Cascade Corp com 147195101 3881 369650 SH Sole 139950 229700
Cascade Natural Gas com 147339105 930 52050 SH Sole 19150 32900
Casey's General Stores Inc com 147528103 204 15250 SH Sole 14500 750
Casino Data Systems com 147583108 84 17200 SH Sole 17200
Charming Shoppes com 161133103 35252 6878510 SH Sole 4258860 2619650
Chevron Corp com 166751107 419 4717 SH Sole 4217 500
Cisco Systems com 17275R102 3510 51188 SH Sole 45938 5250
Coca Cola Co com 191216100 213 4414 SH Sole 4414
Coherent Inc com 192479103 32710 1465980 SH Sole 861830 604150
Colgate-Palmolive com 194162103 1455 31800 SH Sole 25400 6400
Computer Sciences Corp com 205363104 2531 36000 SH Sole 31950 4050
Corning Inc com U21932105 384 5600 SH Sole 4200 1400
Crescent Real Estate Equities com 225756105 7022 390105 SH Sole 251305 138800
Duke Power com 264399106 1290 23400 SH Sole 23200 200
EOG Resources Inc com 26875P101 7390 347750 SH Sole 144850 202900
Elantec Semiconductor Inc com 284155108 207 11700 SH Sole 11700
Electronic Data Systems com 285661104 1664 31425 SH Sole 31425
Eli Lilly & Co com 532457108 1508 23500 SH Sole 20000 3500
Emerson Elec com 291011104 4633 73325 SH Sole 71150 2175
Engelhard Corp com 292845104 1419 77750 SH Sole 77650 100
Epitope Inc com 294261102 107 15900 SH Sole 15900
Essex Property Trust Inc com 297178105 9486 271505 SH Sole 206605 64900
Exxon Corp com 302290101 712 9364 SH Sole 8852 512
Federal Nat'l Mtge com 313586109 5126 81775 SH Sole 75300 6475
First Industrial Rlty-REIT com 32054K103 10367 418850 SH Sole 241900 176950
First Security Corp com 336294103 585 24583 SH Sole 23121 1462
Flow Int'l Inc com 343468104 12367 1192000 SH Sole 608750 583250
Forest Oil Corp com 346091606 20091 1177500 SH Sole 651150 526350
Fritz Companies Inc com 358846103 532 51250 SH Sole 27000 24250
GTE Corp com 362320103 4080 53077 SH Sole 48529 4548
Gannett Co com 364730101 5518 79750 SH Sole 74750 5000
General Electric com 369604103 2698 22754 SH Sole 21444 1310
Goodrich (B.F.) Co com 382388106 998 34400 SH Sole 34250 150
HS Resources Inc com 404297103 10401 635201 SH Sole 342014 293187
Halliburton Co com 406216101 2841 69300 SH Sole 64600 4700
Harman International com 413086109 8964 213100 SH Sole 188825 24275
Hewlett-Packard com 428236103 2634 29025 SH Sole 27200 1825
Hologic Inc com 436440101 3577 887400 SH Sole 758050 129350
IL Tool Works Inc com 452308109 1022 13700 SH Sole 12900 800
IRI Int'l Corp com 45004F107 6719 1433250 SH Sole 640550 792700
Idacorp Inc com 451107106 6054 200956 SH Sole 175856 25100
Imagematrix Corp com 451921100 1 20170 SH Sole 20170
Inacom Corp com 45323G109 1660 180660 SH Sole 156516 24144
Input/Output Inc com 457652105 4627 698445 SH Sole 599020 99425
Insight Health Services Corp com 45766Q101 130 20800 SH Sole 20800
Int'l Rectifier Corp com 460254105 34841 2284645 SH Sole 1388795 895850
Intel Corp com 458140100 4876 65610 SH Sole 60010 5600
Interdent Inc com 45865R109 6549 781980 SH Sole 479051 302929
Interdigital Comm Corp com 45866A105 241 43800 SH Sole 43800
Interface Inc com 458665106 12233 2387004 SH Sole 1416254 970750
John H Harland Co com 412693103 23193 1193207 SH Sole 683182 510025
Johnson & Johnson com 478160104 3500 38100 SH Sole 37000 1100
K2 Inc com 482732104 16665 1891086 SH Sole 1146986 744100
Kemet Corp com 488360108 24488 766000 SH Sole 410450 355550
Keycorp com 493267108 345 13384 SH Sole 13384
Kopin Corp com 500600101 12865 463611 SH Sole 229111 234500
LabOne Inc New com 50540E101 2868 305900 SH Sole 198650 107250
Lechters Inc com 523238103 1997 1030600 SH Sole 654250 376350
Lion Inc com 53620L102 39 50000 SH Sole 50000
Louisiana Pacific Corp com 546347105 1271 81350 SH Sole 80950 400
Lucent Technologies Inc com 549463107 5042 77715 SH Sole 73132 4583
MN Mining & Mfg com 604059105 2459 25600 SH Sole 25450 150
Magnetek Inc. com 559424106 16465 1842200 SH Sole 1116600 725600
Manor Care Inc com 564055101 11449 666100 SH Sole 347850 318250
Marine Drilling Co Inc com 568240204 8046 508850 SH Sole 249850 259000
Material Sciences Corp com 576674105 11025 828200 SH Sole 534950 293250
McDermott Int'l Inc com 580037109 25870 1277539 SH Sole 784239 493300
McDonalds Corp com 580135101 5322 123050 SH Sole 115850 7200
Mediaone Group Inc com 58440J104 4189 61325 SH Sole 55800 5525
Medtronic Inc com 585055106 4476 125850 SH Sole 119200 6650
Merck & Co com 589331107 3289 50750 SH Sole 46800 3950
Michaels Stores com 594087108 41504 1406904 SH Sole 841604 565300
Microsoft com 594918104 459 5070 SH Sole 4920 150
Milacron Inc com 598709103 21108 1189180 SH Sole 770830 418350
Mission West Properties com 605203108 548 64900 SH Sole 26200 38700
Molex Inc com 608554101 1913 52598 SH Sole 50023 2575
Morrison Knudsen Corp com 61844A109 17505 1697500 SH Sole 1101800 595700
Motorola Inc com 620076109 1100 12500 SH Sole 10400 2100
Nabors Industries Inc com 629568106 32542 1301682 SH Sole 813787 487895
Nicor Inc com 654086107 1592 42800 SH Sole 40800 2000
Nisource Inc com 65473P105 2136 96555 SH Sole 89255 7300
Noble Affiliates Inc com 654894104 2665 91900 SH Sole 87700 4200
Nordstrom Inc com 655664100 1858 68800 SH Sole 63400 5400
O'Sullivan Inds com 688609106 10626 708400 SH Sole 287550 420850
Officemax Inc com 67622M108 5180 891180 SH Sole 788730 102450
Oneok Inc com 682680103 1106 36500 SH Sole 36500
Oracle Corp com 68389X105 4271 93868 SH Sole 85596 8272
Pennzoil Co com 709323109 19751 1564457 SH Sole 979514 584943
Pep Boys Man Mo Jack com 713278109 226 15200 SH Sole 15200
Pepsico com 713448108 2067 67765 SH Sole 59040 8725
Petco Animal Supplies Inc com 716016100 28418 2393080 SH Sole 1452680 940400
Pier One Imports com 720279108 5133 782244 SH Sole 441544 340700
Precision Castparts com 740189105 16279 533750 SH Sole 341000 192750
Proctor & Gamble Co com 742718109 4161 44385 SH Sole 40110 4275
R & B Falcon Corp com 74912E101 5731 436670 SH Sole 386920 49750
RTI Int'l Metals com 74973W107 15010 1501050 SH Sole 870900 630150
Regis Corp com 758932107 756 39250 SH Sole 37350 1900
Rollins Truck Leasing Corp com 775741101 16616 1641075 SH Sole 889800 751275
Sara Lee Corp com 803111103 2721 116400 SH Sole 110600 5800
Schlumberger ltd com 806857108 3377 54200 SH Sole 51300 2900
Shurgard Storage Ctr-REIT com 82567D104 16545 668500 SH Sole 358650 309850
Softnet Systems com 833964109 3643 149450 SH Sole 70100 79350
Soligen Technologies Inc. com 83423G109 30 81203 SH Sole 81203
Sonosite Inc com 83568G104 6822 261137 SH Sole 174100 87037
Spacelabs Medical Inc com 846247104 1113 73600 SH Sole 47900 25700
St Jude Medical Inc com 790849103 5569 176800 SH Sole 154850 21950
Steris Corp com 859152100 4298 312550 SH Sole 274550 38000
Sunrise Medical Inc com 867910101 14270 2378300 SH Sole 1395000 983300
Superior Energy Services Inc com 868157108 315 49900 SH Sole 49900
TJ International Inc com 872534102 16176 643825 SH Sole 376075 267750
Telxon Corp com 879700102 10058 1201000 SH Sole 543000 658000
Tenet Healthcare Corp com 88033G100 15602 888350 SH Sole 510600 377750
Tenneco Inc com 88037E101 1982 116600 SH Sole 107750 8850
Texaco Inc com 881694103 3921 62120 SH Sole 57620 4500
Titanium Metals Corp com 888339108 18908 2115593 SH Sole 1294443 821150
Toys 'R' Us com 892335100 1522 101487 SH Sole 101087 400
Tyco International Ltd com 902120104 915 8864 SH Sole 8864
U.S. Wireless Corporation com 90339C106 276 65800 SH Sole 65800
US Bancorp com 902973106 435 14394 SH Sole 14119 275
US Oncology Inc com 90338W103 16510 1821752 SH Sole 1203272 618480
UST Inc com 902911106 2506 83000 SH Sole 82500 500
Veterinary Centers of America com 925514101 17989 1572800 SH Sole 894000 678800
Vishay Intertechnology com 928298108 27654 1164390 SH Sole 729585 434806
WTB Fin Cl B com 940990146 521 7960 SH Sole 7960
Wal-Mart Stores Inc com 931142103 905 19020 SH Sole 18820 200
Washington Mutual Inc com 939322103 1664 56875 SH Sole 56175 700
Weatherford Int'l com 947074100 24100 753130 SH Sole 427424 325706
Williams Co com 969457100 421 11200 SH Sole 11200
Windemere-Durable Hldgs com 973411101 22802 1890350 SH Sole 1053100 837250
Wyman-Gordon Co com 983085101 21101 1129173 SH Sole 654110 475063
Xerox Corp com 984121103 2114 50400 SH Sole 47200 3200
York Research Corp com 987048105 363 86650 SH Sole 86650
</TABLE>
