UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
"Washington, D.C. 20549"
Form 13F
Form 13F Cover Page
"Report for the Quarter Ended: March 31, 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: Acadian Asset Management
Address: Two International Place
"Boston, Massachusetts 02110"
13F Filer Number: 0000916542
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"
"informaiton 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: Jennie Gryczka
Title: Controller
Phone: 617-946-3576
"Signature, Place, and Date of Signing:"
"Jennie Gryczka, Boston, Massachusetts July 13, 1999"
Report type:
[ x ] 13 F HOLDINGS REPORT
List of Other Managers Reporting for this Manager:
NONE.
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: 72
Form 13F Information Table Value Total : 116381595
List of Other Included
Managers: 0
<PAGE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE (x$1000) SHARES/PRN AMT SH/PRN
PUT/CALL INVSTMT DSCRETN OTHER MANAGERS SOLE SHARED NONE
ADVANTA CORP CL A 00794210 186 16800 SH Sole 16800 0
0
AGCO COM 00108410 191 29100 SH Sole 29100 0 0
ALLSTATE CORPORATION COM 02000210 5671 153000 SH Sole 153000
0 0
AMERICA ONLINE INC DEL COM 02364J10 265 1800 SH Sole 1800 0
0
AMGEN INC COM 03116210 225 3000 SH Sole 3000 0 0
AMR CORP COMMON STOCK 00176510 310 5300 SH Sole 5300 0 0
APPLE COMPUTER COM 03783310 5053 140600 SH Sole 140600
0 0
BEAR STEARNS COMPANIES INC COM 07390210 1504 33664 SH Sole
3366
4 0 0
BELLSOUTH CORP COMMON STOCK 07986010 6082 151800 SH Sole
1518
00 0 0
BMC SOFTWARE INC COM 05592110 293 7900 SH Sole 7900 0 0
BRISTOL MYERS SQUIBB COMMON STOCK 11012210 988 15400 SH Sole
15400 0 0
BURLINGTON NORTHERN SANTA FE COMMON 12189T10 5750 174900 SH Sole
174900 0 0
CENTRAL & SOUTHWEST CORP. COMMON STOCK 15235710 152 6500 SH Sole
6500 0 0
CISCO SYSTEMS INC COM 17275R10 674 6150 SH Sole 6150 0 0
CITIGROUP INC ORD 17296710 305 4777 SH Sole 4777 0 0
COMPUTER ASSOC INT'L COMMON STOCK 20491210 405 11400 SH Sole
11400 0 0
CONAGRA INC. COMMON STOCK 20588710 177 6900 SH Sole 6900 0
0
CONSECO INC COM 20846410 343 11100 SH Sole 11100 0
0
CONSOLIDATED EDISON COMPANY COMMON COMMON 20911510 1210 26700 SH
S
ole 26700 0 0
CONTINENTAL AIRLS HOLDINGS INC CL B 21079530 125 3300 SH Sole
3300
0 0
D R HORTON INC COM 23331A10 735 43900 SH Sole 43900
0 0
DELTA AIR LINES COMMON STOCK 24736110 4615 66400 SH Sole
6640
0 0 0
DONELLY R R & SONS COMMON STOCK 25786710 750 23300 SH Sole
2330
0 0 0
DTE HOLDINGS INC COMMON STOCK 23333110 1422 37000 SH Sole
3700
0 0 0
EASTERN ENTERPRISES COM 27637F10 182 5000 SH Sole 5000 0
0
EXXON CORP COMMON STOCK 30229010 339 4800 SH Sole 4800 0
0
FEDERAL HOME LOAN MORTGAGE CORP COM 31340030 1507 26300 SH Sole
26300 0 0
FEDERAL NATIONAL MORTGAGE CORP. ASSOCIATION COMMON STOCK 31358610 512 7400
S
H Sole 7400 0 0
FIDELITY NATL FINL INC INCORPORATED COMMON STOCK 31632610 297 19770
SH
Sole 19770 0 0
FIRST AMERN FINL COMMON STOCK 31852230 476 30100 SH Sole
3010
0 0 0
FLEMING COMPANIES INC COM 33913010 359 41900 SH Sole 41900
0 0
FORD MOTOR CO COM 34537010 7080 124900 SH Sole 124900 0
0
GAP INC COM 36476010 5084 75525 SH Sole 75525 0 0
GENERAL MTRS CORP COMMON STOCK 37044210 7404 85100 SH Sole
8510
0 0 0
GTE CORPORATION COM 36232010 2009 33200 SH Sole 33200
0 0
H.J. HEINZ CO. COMMON STOCK 42307410 1042 22000 SH Sole
2200
0 0 0
IBP INC. COM 44922310 1870 100400 SH Sole 100400 0 0
INDIAN HOTELS GDR 00447054 387 54500 SH Sole 54500 0
0
INGERSOLL RAND COMMON STOCK 45686610 79 1600 SH Sole 1600
0
0
INTEL CORP. COMMON STOCK NASD INDL 45814010 4137 34800 SH Sole
34800 0 0
INTERNATIONAL BUSINESS M COMMON STOCK 45920010 372 2100 SH Sole
2100 0 0
KIMBERLY CLARK CORP COM 49436810 686 14300 SH Sole 14300
0 0
LAFARGE CORP. COMMON STOCK 50586210 224 8000 SH Sole 8000 0
0
LEHMAN BROTHERS HOLDING COM 52490810 3806 63700 SH Sole 63700
0 0
LOCKHEED MARTIN CORP COMMON COM 53983010 1329 35200 SH Sole
3520
0 0 0
LOEWS CORP COMMON COM 54042410 5739 76900 SH Sole 76900
0 0
LUCENT TECHNOLOGIES COMMON 54946310 670 6200 SH Sole 6200
0
0
MAHINDRA AND MAHINDRA GDR 00454167 785 140800 SH Sole 140800
0 0
MCKESSON CORPORATION COM NEW 58155Q10 2930 44400 SH Sole
4440
0 0 0
MICROSOFT CORP COM 59491810 5109 57000 SH Sole 57000
0 0
MORGAN STANLEY DEAN WITTER DISCOVER & CO. COM 61744644 90 900 SH
Sole
900 0 0
NACCO INDS INC CLASS A 62957910 252 3400 SH Sole 3400 0
0
NATIONAL STEEL CORP CL B 63784430 443 53700 SH Sole 53700
0 0
NATIONAL WESTERN LIFE CL A 63852210 275 2600 SH Sole 2600 0
0
PACCAR INC COM 69371810 1689 41000 SH Sole 41000 0
0
PAINE WEBBER GROUP COMMON STOCK 69562910 5052 126700 SH Sole
1267
00 0 0
PHILIP MORRIS COS INS COMMON STOCK 71815410 264 7500 SH Sole
7500
0 0
PUBLIC SERVICE ENTERPRISE GROUP COMMON STOCK 74457310 1134 29700 SH
S
ole 29700 0 0
PULTE CORP COM 74586710 123 5900 SH Sole 5900 0 0
RJR NABISCO HOLDINGS CORP COM NEW 74960K87 1218 48700 SH Sole
48700 0 0
SCHERING PLOUGH CORP. COMMON STOCK 80660510 409 7400 SH Sole
7400
0 0
SEARS ROEBUCK & CO COMMON STOCK 81238710 140 3100 SH Sole 3100
0
0
SHELL TRANS & TRADING PLC NEW YRK SH NEW 82270360 106 2600 SH Sole
2600 0 0
SOUTHWESTERN BELL CORPORATION COMMON STOCK 78387G10 439 9300 SH
Sole
9300 0 0
SPRINT CORPORATION COM 85206110 4072 41500 SH Sole 41500
0 0
SYMANTEC CORP COM 87150310 322 19000 SH Sole 19000 0
0
U S HOME CORPORACION NEW COM 91192010 26 800 SH Sole 800
0
0
UNITED HEALTHCARE CORP COM 91058110 247 4700 SH Sole 4700 0
0
UNITED TECHNOLOGIES CORP COMMON STOCK 91301710 244 1800 SH Sole
1800 0 0
UNIVERSAL CORPORACION VA COM 91345610 79 3100 SH Sole 3100
0
0
US WEST INC COMMON COM 91273H10 1768 32100 SH Sole 32100
0 0
WAL MART STORES INC COMMON STOCK 93114210 6149 66700 SH Sole
66700 0 0
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