UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or 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: Washington Capital Management, Inc.
Address: 1301 Fifth Avenue
Suite 3636
Seattle, WA 98101
13F File Number: 801-14263
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: Lorrie Reiterman
Title: Chief Financial Officer
Phone: 206-382-0825
Signature, Place, and Date of Signing:
Lorrie Reiterman Seattle, Washington May 12, 1999
Report Type (Check only one.):
[X] 13F Holding 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.
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 166
Form 13F Information Table Value Total: $269,932
List of Other Included Managers:
No. 13F File Number Name
01 801-19074 Heartland Advisors
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FORM 13F INFORMATION TABLE
TITLE VALUE SHARES/ SH/ PUT/ INVSTMNT OTHER VOTING AUTHORITY
NAME OF ISSUER OF CLASS CUSIP (X $1000)PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------------ ---------- --------- -------- ------- ---- ---- -------- --------- ------- ------- -------
ADC Telecommunications Inc. COM 000886101 2766 58000 SH SOLE 58000 0 0
Abacus Direct Corp. COM 002553105 640 7800 SH SOLE 7800 0 0
Abbott Laboratories COM 002824100 3672 78450 SH SOLE 78450 0 0
Abercrombie & Fitch Co. -Cl A COM 002896207 2315 25100 SH SOLE 25100 0 0
Actel Corp. COM 004934105 437 26600 SH SOLE 26600 0 0
Alaska Air Group Inc. COM 011659109 672 14150 SH SOLE 14150 0 0
Alcatel Alsthom CGE-Spon ADR COM 013904305 2000 87650 SH SOLE 87650 0 0
America Online Inc. COM 02364J104 1573 10700 SH SOLE 10700 0 0
American Express Company COM 025816109 3898 33100 SH SOLE 33100 0 0
American Home Products Corp. COM 026609107 3251 49825 SH SOLE 49825 0 0
American Stores Co. COM 030096101 2534 76775 SH SOLE 76775 0 0
Amgen Inc. COM 031162100 6166 82350 SH SOLE 82350 0 0
Analog Devices Inc. COM 032654105 1431 48100 SH SOLE 48100 0 0
Atlantic Richfield COM 048825103 3951 54025 SH SOLE 54025 0 0
Bank United Corp. -Cl A COM 065412108 707 17300 SH SOLE 17300 0 0
Becton Dickinson COM 075887109 1239 32350 SH SOLE 32350 0 0
Bed Bath & Beyond Inc. COM 075896100 2179 59700 SH SOLE 59700 0 0
Beverly Enterprises Inc. COM 087851309 68 13200 SH DEFINED 01 13200 0 0
Biogen Inc. COM 090597105 1886 16500 SH SOLE 16500 0 0
Biomet Inc. COM 090613100 1602 38200 SH SOLE 38200 0 0
Bristol-Myers Squibb Co. COM 110122108 1933 30140 SH SOLE 30140 0 0
Building Materials Holding Corp. COM 120113105 524 51800 SH SOLE 51800 0 0
Burlington Resources Inc. COM 122014103 1209 30268 SH SOLE 30268 0 0
Burr-Brown Corp. COM 122574106 421 17900 SH SOLE 17900 0 0
CNB Bancshares Inc. COM 126126101 725 18023 SH SOLE 18023 0 0
Camden Property Trust COM 133131102 4141 167326 SH SOLE 167326 0 0
Canandaigua Brands, Inc.-Cl A COM 137219200 816 16200 SH SOLE 16200 0 0
Case Corp. COM 14743R103 1599 63000 SH SOLE 63000 0 0
Cavanaughs Hospitality Corp. COM 149564106 216 26400 SH SOLE 26400 0 0
Central Garden & Pet Co. COM 153527106 1895 112300 SH SOLE 112300 0 0
Cisco Systems COM 17275R102 1424 13000 SH SOLE 13000 0 0
Circus Circus Enterprises Inc. COM 172909103 1380 78600 SH SOLE 78600 0 0
Collaborative Clinical Research, Inc.COM 194190104 58 13600 SH DEFINED 01 13600 0 0
Colonial Properties Trust COM 195872106 3343 131100 SH SOLE 131100 0 0
Comsat Corp. COM 20564D107 1385 47875 SH SOLE 47875 0 0
Comverse Technology Inc. COM 205862402 2491 29300 SH SOLE 29300 0 0
Conagra Inc. COM 205887102 1682 65650 SH SOLE 65650 0 0
Conexant Systems Inc. COM 207142100 3397 122700 SH SOLE 122700 0 0
Crown Cork & Seal Co. Inc. COM 228255105 2021 70750 SH SOLE 70750 0 0
Cutter & Buck Inc. COM 232217109 611 19100 SH SOLE 19100 0 0
Dayton Hudson Corp. COM 239753106 3263 48975 SH SOLE 48975 0 0
Diamond Offshore Drilling COM 25271C102 5688 179850 SH SOLE 179850 0 0
Digi International Inc. COM 253798102 68 10000 SH DEFINED 01 10000 0 0
Digital River Inc. COM 25388B104 452 11300 SH SOLE 11300 0 0
The Walt Disney Co. COM 254687106 2643 84925 SH SOLE 84925 0 0
Duke Energy Corp. COM 264399106 1247 22750 SH SOLE 22750 0 0
Edwards (A.G.) Inc. COM 281760108 2113 64650 SH SOLE 64650 0 0
Elder-Beerman Stores Corp. COM 284470101 216 25000 SH SOLE 25000 0 0
Electronic Arts Inc. COM 285512109 2731 57500 SH SOLE 57500 0 0
Electronic Data Systems Corp. COM 285661104 4530 93050 SH SOLE 93050 0 0
Elf Aquitane-Sponsored ADR COM 286269105 1513 22475 SH SOLE 22475 0 0
Ethan Allen Interiors Inc. COM 297602104 524 12600 SH SOLE 12600 0 0
Flir Systems Inc. COM 302445101 662 36500 SH SOLE 36500 0 0
Fleet Financial Group Inc. COM 338915101 2194 58325 SH SOLE 58325 0 0
FORE Systems Inc. COM 345449102 2798 148000 SH SOLE 148000 0 0
Franklin Resources Inc. COM 354613101 1043 37100 SH SOLE 37100 0 0
Frontier Corp. COM 35906P105 1506 29025 SH SOLE 29025 0 0
GTE Corp. COM 362320103 2130 35200 SH SOLE 35200 0 0
Gap Inc. COM 364760108 727 10800 SH SOLE 10800 0 0
Gateway 2000 Inc. COM 367833100 1460 21300 SH SOLE 21300 0 0
General Electric Co. COM 369604103 697 6300 SH SOLE 6300 0 0
General Motors Corp. COM 370442105 1331 15300 SH SOLE 15300 0 0
Genome Therapeutics Corp. COM 372430108 157 50300 SH SOLE 50300 0 0
Gensia Sicor Inc. COM 372450106 37 13200 SH DEFINED 01 13200 0 0
Georgia-Pacific Group COM 373298108 2996 40350 SH SOLE 40350 0 0
Goodrich (B.F.) Co. COM 382388106 1199 34950 SH SOLE 34950 0 0
Great Lakes REIT Inc. COM 390752103 252 17400 SH SOLE 17400 0 0
Guilford Pharmaceuticals Inc. COM 401829106 195 17100 SH SOLE 17100 0 0
Hallwood Energy Partners LP COM 40636P201 70 20000 SH DEFINED 01 20000 0 0
Honeywell Inc. COM 438506107 1518 20025 SH SOLE 20025 0 0
Host Marriott Corp. COM 44107P104 1975 177500 SH SOLE 177500 0 0
Humana Inc. COM 444859102 2063 119600 SH SOLE 119600 0 0
ITI Technologies Inc. COM 450564109 567 18900 SH SOLE 18900 0 0
ITT Educational Services Inc. COM 45068B109 374 9950 SH SOLE 9950 0 0
Imclone Systems Inc. COM 45245W109 608 36000 SH SOLE 36000 0 0
Intel Corp COM 458140100 3266 27475 SH SOLE 27475 0 0
Intl Business Machines Corp. COM 459200101 3022 17050 SH SOLE 17050 0 0
KLM Royal Dutch Air COM 482516101 1492 53775 SH SOLE 53775 0 0
La-Z-Boy Inc. COM 505336107 606 32200 SH SOLE 32200 0 0
Laser Vision Centers Inc. COM 51807H100 1098 28800 SH SOLE 28800 0 0
Lincoln National Corp. COM 534187109 5544 56075 SH SOLE 56075 0 0
Linens 'N Things Inc. COM 535679104 953 21000 SH SOLE 21000 0 0
Lowe's Companies Inc. COM 548661107 1337 22100 SH SOLE 22100 0 0
MCI Worldcom Inc. COM 55268B106 717 8100 SH SOLE 8100 0 0
Macrovision Corp. COM 555904101 352 9500 SH SOLE 9500 0 0
Manitowoc Company Inc. COM 563571108 777 18550 SH SOLE 18550 0 0
Marsh & McLennan Cos. COM 571748102 1763 23750 SH SOLE 23750 0 0
Matrix Pharmaceutical Inc. COM 576844104 46 22000 SH DEFINED 01 22000 0 0
Mattel Inc. COM 577081102 2625 105250 SH SOLE 105250 0 0
McCormick & Co. - Non Voting Shares COM 579780206 2291 79000 SH SOLE 79000 0 0
McGraw-Hill Companies Inc. COM 580645109 3976 72950 SH SOLE 72950 0 0
McKesson HBOC, Inc. COM 58155Q103 1317 19950 SH SOLE 19950 0 0
MediaOne Group Inc. COM 58440J104 3505 55250 SH SOLE 55250 0 0
Medical Manager Corp. COM 58461C103 372 16100 SH SOLE 16100 0 0
Metro One Telecommunications Inc. COM 59163F105 450 31600 SH SOLE 31600 0 0
Microsoft Corp. COM 594918104 202 2256 SH SOLE 2256 0 0
Microwave Power Devices Inc. COM 59517M103 311 38900 SH SOLE 38900 0 0
Midcoast Energy Resources COM 59563W104 433 27912 SH SOLE 27912 0 0
MiniMed Inc. COM 60365K108 488 4800 SH SOLE 4800 0 0
Minnesota Mining & Mfg. Co. COM 604059105 1111 15700 SH SOLE 15700 0 0
Mobil Corp. COM 607059102 1533 17425 SH SOLE 17425 0 0
Morgan Stanley APF COM 61744U106 374 46700 SH SOLE 46700 0 0
Motorola Inc. COM 620076109 2505 34200 SH SOLE 34200 0 0
Neogen Corp. COM 640491106 189 28800 SH SOLE 28800 0 0
NewsEdge Corporation COM 65249Q106 262 30800 SH SOLE 30800 0 0
Nike Inc. -Cl. B COM 654106103 1661 28800 SH SOLE 28800 0 0
Nordstrom Inc COM 655664100 2030 49675 SH SOLE 49675 0 0
Novellus Systems Inc. COM 670008101 1632 29600 SH SOLE 29600 0 0
Office Depot Inc. COM 676220106 6053 161675 SH SOLE 161675 0 0
Optek Technology Inc. COM 683815104 432 29400 SH SOLE 29400 0 0
Outback Steakhouse Inc. COM 689899102 874 26700 SH SOLE 26700 0 0
Pacific Gulf Properties Inc. COM 694396102 263 14600 SH SOLE 14600 0 0
Pepsico Inc. COM 713448108 2235 57025 SH SOLE 57025 0 0
Petco Animal Supplies Inc. COM 716016100 2903 290296 SH SOLE 290296 0 0
Pharmacyclics Inc. COM 716933106 358 21700 SH SOLE 21700 0 0
Phillips Petroleum Co. COM 718507106 2586 54725 SH SOLE 54725 0 0
Pinnacle Systems Inc. COM 723481107 578 12700 SH SOLE 12700 0 0
Polo Ralph Lauren Corp. COM 731572103 2053 103300 SH SOLE 103300 0 0
Public Storage Inc. COM 74460D109 4005 160218 SH SOLE 160218 0 0
QRS Corporation COM 74726X105 882 14100 SH SOLE 14100 0 0
RFS Hotel Investors Inc. COM 74955J108 694 60000 SH SOLE 60000 0 0
RF Micro Devices Inc. COM 749941100 593 6200 SH SOLE 6200 0 0
Radisys Corp. COM 750459109 416 13400 SH SOLE 13400 0 0
Rainforest Cafe Inc. COM 75086K104 96 19000 SH DEFINED 01 19000 0 0
Rational Software Corp. COM 75409P202 375 14000 SH SOLE 14000 0 0
Raytheon Co.-Class A COM 755111309 2260 39137 SH SOLE 39137 0 0
RealNetworks Inc. COM 75605L104 1112 9100 SH SOLE 9100 0 0
Realty Income Corp. COM 756109104 939 44700 SH SOLE 44700 0 0
Regency Realty Corp. COM 758939102 234 12500 SH SOLE 12500 0 0
Remec Inc. COM 759543101 509 24400 SH SOLE 24400 0 0
Restoration Hardware Inc. COM 760981100 462 21000 SH SOLE 21000 0 0
Rite Aid Corp. COM 767754104 2534 101350 SH SOLE 101350 0 0
SDL Inc. COM 784076101 1298 14300 SH SOLE 14300 0 0
Safeco Corp. COM 786429100 3794 93820 SH SOLE 93820 0 0
Sawtek Inc. COM 805468105 689 20400 SH SOLE 20400 0 0
Smart Modular Technologies COM 831690102 347 23200 SH SOLE 23200 0 0
Solectron Corp. COM 834182107 1345 27700 SH SOLE 27700 0 0
Sonosight Inc. COM 83568G104 421 30600 SH SOLE 30600 0 0
Sprint Corp. COM 852061100 1344 13700 SH SOLE 13700 0 0
Starbucks Corp. COM 855244109 1375 49000 SH SOLE 49000 0 0
Sungard Data Systems Inc. COM 867363103 1636 40900 SH SOLE 40900 0 0
Synopsys Inc. COM 871607107 1919 35700 SH SOLE 35700 0 0
Talbots Inc. COM 874161102 417 17100 SH SOLE 17100 0 0
Tanger Factory Outlet Centers, Inc. COM 875465106 738 38600 SH SOLE 38600 0 0
Terayon Communications Systems Inc. COM 880775101 468 11700 SH SOLE 11700 0 0
Tiffany & Co. COM 886547108 2556 34200 SH SOLE 34200 0 0
UST Corp. COM 902900109 513 23500 SH SOLE 23500 0 0
USX-Marathon Group Inc. COM 902905827 2208 80300 SH SOLE 80300 0 0
Union Pacific Corp. COM 907818108 5191 97145 SH SOLE 97145 0 0
Uniphase Corp. COM 909149106 2245 19500 SH SOLE 19500 0 0
United Healthcare Corp. COM 910581107 2631 50000 SH SOLE 50000 0 0
U.S. Filter Corp. COM 911843209 5168 168747 SH SOLE 168747 0 0
US West Inc. COM 91273H101 1209 21950 SH SOLE 21950 0 0
Veterinary Centers of America COM 925514101 509 36000 SH SOLE 36000 0 0
Washington Mutual Inc. COM 939322103 5933 145150 SH SOLE 145150 0 0
Watsco Inc. COM 942622200 466 31850 SH SOLE 31850 0 0
Watson Pharmaceuticals Inc. COM 942683103 2667 60450 SH SOLE 60450 0 0
Webb (Del E.) Corp. COM 947423109 577 26600 SH SOLE 26600 0 0
Westpoint Stevens Inc. COM 961238102 1564 56500 SH SOLE 56500 0 0
Williams Cos Inc. COM 969457100 3778 95650 SH SOLE 95650 0 0
Williams-Sonoma Inc. COM 969904101 2252 79700 SH SOLE 79700 0 0
Winn-Dixie Stores Inc. COM 974280109 2211 59150 SH SOLE 59150 0 0
Xerox Corp. COM 984121103 2442 46850 SH SOLE 46850 0 0
Zila Inc. COM 989513205 38 10000 SH SOLE 10000 0 0
Zoran Corp. COM 98975F101 336 20500 SH SOLE 20500 0 0
Tommy Hilfiger Corp. COM G8915Z102 2156 31300 SH SOLE 31300 0 0
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