RAINIER INVESTMENT MANAGEMENT INC/
13F-HR, 1999-08-12
Previous: VANTIVE CORP, 10-Q, 1999-08-12
Next: GMAC COMMERCIAL MORTGAGE SECURITIES INC, 8-K, 1999-08-12





                         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:     Rainier Investment Management, Inc.
Address:  605 Union Street, Suite 2801
          Seattle, WA  98101

13F File Number:  28-5014

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:   Mary E. Vollert
Title:  Operations Manager
Phone:  (206)464-0054
Signature, Place and Date of Signing:

Mary E. Vollert     Seattle, Washington    August 11, 1999

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>

                           13F SUMMARY PAGE

Report Summary:

Number of Other Included Managers:           0

Form 13F Information Table Entry Total:      158

Form 13F Information Table Value Total:      $4,507,766


List of Other Included Managers:

No.     13F File Number         Name

- ------NONE-------
<PAGE>
<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>
ACE Ltd.                       COM              G0070K103    23845   844075 SH       SOLE                   754500             89575
ACNielsen Corp.                COM              004833109    18035   596200 SH       SOLE                   528025             72800
Action Performance Cos, Inc.   COM              004933107    27464   832250 SH       SOLE                   744075             96850
Advent Software, Inc.          COM              007974108     9481   141500 SH       SOLE                   122175             19325
Alcoa Inc.                     COM              013817101    17396   281140 SH       SOLE                   253065             33500
Alltel Corp.                   COM              020039103    39818   556900 SH       SOLE                   501750             65525
Amerada Hess Corp.             COM              023551104     5438    91400 SH       SOLE                    82025              9375
America Online, Inc.           COM              02364J104    38827   352975 SH       SOLE                   318775             40700
American Express Co.           COM              025816109    37518   288325 SH       SOLE                   259225             34675
American Home Products         COM              026609107    30752   535975 SH       SOLE                   481325             65100
American Int'l Group, Inc.     COM              026874107    39059   333125 SH       SOLE                   299800             39450
American Power Conversion Corp COM              029066107    11121   552575 SH       SOLE                   504210             52540
Analog Devices, Inc.           COM              032654105    14474   288400 SH       SOLE                   259525             28875
Anheuser-Busch Cos, Inc.       COM              035229103    58766   828425 SH       SOLE                   746600             97550
Apache Corp.                   COM              037411105    45888  1176625 SH       SOLE                  1056300            137550
Applied Power Inc. Cl.A        COM              038225108     2873   105175 SH       SOLE                    88250             16925
Arvin Industries, Inc.         COM              043339100    22116   583925 SH       SOLE                   516525             73825
Associates First Capital Corp. COM              046008108    51751  1172824 SH       SOLE                  1054440            139971
Astoria Financial Corp.        COM              046265104    10741   244450 SH       SOLE                   224200             20250
Atmel Corp.                    COM              049513104     8978   342850 SH       SOLE                   321400             21450
Avon Products, Inc.            COM              054303102    10673   192300 SH       SOLE                   173025             22800
BFGoodrich Co.                 COM              382388106    86650  2038825 SH       SOLE                  1839825            230825
Baker Hughes Inc.              COM              057224107    14462   431700 SH       SOLE                   380950             57250
Banc One Corp.                 COM              06423A103    46250   776500 SH       SOLE                   699200             92150
Bank United Corp. Cl.A         COM              065412108    24047   598365 SH       SOLE                   537000             67765
Baxter Int'l Inc.              COM              071813109    36450   601230 SH       SOLE                   542280             70200
Bell Atlantic Corp.            COM              077853109    84627  1294486 SH       SOLE                  1169838            148934
Black & Decker Corp.           COM              091797100    11135   176400 SH       SOLE                   163375             16150
Blyth Industries, Inc.         COM              09643P108    28741   845325 SH       SOLE                   761650             93425
CEC Entertainment Inc.         COM              125137109     4884   115600 SH       SOLE                   104625             10975
CVS Corp.                      COM              126650100    33198   654150 SH       SOLE                   588325             77250
Canandaigua Brands, Inc. Cl.A  COM              137219200    36782   701450 SH       SOLE                   639125             71325
Central Parking Corp.          COM              154785109     4857   141800 SH       SOLE                   127525             14275
CenturyTel Inc.                COM              156700106    54896  1381044 SH       SOLE                  1243074            153757
Check Point Software Tech Ltd. COM              M22465104    14138   263650 SH       SOLE                   249650             14000
Chiron Corp.                   COM              170040109    28447  1370925 SH       SOLE                  1238100            150700
Cisco Systems, Inc.            COM              17275R102    61721   957838 SH       SOLE                   863714            112598
Citigroup, Inc.                COM              172967101    52079  1096408 SH       SOLE                   984171            133724
Coastal Corp.                  COM              190441105    34274   851525 SH       SOLE                   767170             98980
Compass Bancshares, Inc.       COM              20449H109     9012   330700 SH       SOLE                   295475             35225
Computer Sciences Corp.        COM              205363104    35637   515075 SH       SOLE                   466575             57800
Conoco Inc. Cl.A               COM              208251306    14672   526350 SH       SOLE                   472525             63875
Consolidated Stores            COM              210149100     7587   281000 SH       SOLE                   252675             28325
Corn Products Int'l, Inc.      COM              219023108    24699   811450 SH       SOLE                   728450             91950
Crane Co.                      COM              224399105    29050   924050 SH       SOLE                   825000            111200
Dayton-Hudson Corp.            COM              239753106    64472   991875 SH       SOLE                   893250            117300
Devon Energy Corp.             COM              251799102     8527   238100 SH       SOLE                   214250             23850
E.I. du Pont de Nemours & Co.  COM              263534109    13931   203925 SH       SOLE                   184875             22700
EG&G, Inc.                     COM              268457108     5572   156400 SH       SOLE                   136700             19700
EMC Corp.                      COM              268648102    30404   552800 SH       SOLE                   495250             68250
Earthgrains Co.                COM              270319106    23041   892625 SH       SOLE                   798250            104925
First American Corp.           COM              318900107    15575   374725 SH       SOLE                   337250             37475
Fleet Financial Group          COM              338915101    46049  1037725 SH       SOLE                   933680            123770
Ford Motor Co.                 COM              345370100    37428   663175 SH       SOLE                   597150             78600
Forest Laboratories, Inc.      COM              345838106    30895   668000 SH       SOLE                   611675             62025
Fox Entertainment Group, Inc.  COM              35138T107    21246   788700 SH       SOLE                   709600             94400
General Cable Corp.            COM              369300108     4700   293750 SH       SOLE                   262000             31750
General Electric Co.           COM              369604103   113667  1005900 SH       SOLE                   906050            119650
General Instrument Corp.       COM              370120107    18671   439325 SH       SOLE                   391780             58170
Genzyme Corp. General          COM              372917104    34491   711150 SH       SOLE                   639425             78925
Genzyme Surgical Products      COM              372917609      388    88137 SH       SOLE                    76024             12113
Georgia Pacific Group          COM              373298108    42339   893700 SH       SOLE                   805850             98850
Guidant Corp.                  COM              401698105    38686   756700 SH       SOLE                   681825             88850
HCR Manor Care, Inc.           COM              404134108    16986   702250 SH       SOLE                   629625             81250
Halliburton Co.                COM              406216101    15247   336950 SH       SOLE                   305150             37800
Hartford Life, Inc. Cl.A       COM              416592103    18978   360625 SH       SOLE                   312675             52900
Henry Schein, Inc.             COM              806407102     4977   157075 SH       SOLE                   140025             17050
Hercules Inc.                  COM              427056106    28865   734250 SH       SOLE                   661175             79750
Hewlett-Packard                COM              428236103    54573   543015 SH       SOLE                   488665             64350
Home Depot, Inc.               COM              437076102    55212   856830 SH       SOLE                   770985            102145
IBM                            COM              459200101    59190   457950 SH       SOLE                   412250             54050
Ingersoll-Rand Co.             COM              456866102    23172   358568 SH       SOLE                   325644             37523
Innkeepers USA Trust           COM              4576J0104     3561   356100 SH       SOLE                   320975             35125
Intel Corp.                    COM              458140100    64129  1077800 SH       SOLE                   970950            127400
Intuit Inc.                    COM              461202103     4056    45000 SH       SOLE                    40400              4600
Johnson & Johnson              COM              478160104    43657   445475 SH       SOLE                   397900             56275
Johnson Controls, Inc.         COM              478366107    33209   479125 SH       SOLE                   434725             50275
Kansas City Southern Ind. Inc. COM              485170104    30405   476475 SH       SOLE                   424325             59675
Kerr-McGee                     COM              492386107    12863   256300 SH       SOLE                   227225             33600
Legato Systems, Inc.           COM              524651106    16834   291500 SH       SOLE                   263225             32275
Legg Mason, Inc.               COM              524901105     1382    35900 SH       SOLE                    28625              7275
Lehman Bros. Holdings          COM              524908100     8567   137900 SH       SOLE                   124500             13400
Lucent Technologies Inc.       COM              549463107    23315   345731 SH       SOLE                   311618             40424
MCI WorldCom, Inc.             COM              55268B106    87775  1019900 SH       SOLE                   921675            116350
Marsh & McLennan Cos, Inc.     COM              571748102    87891  1161238 SH       SOLE                  1047663            135625
Masco Corp.                    COM              574599106    22009   762225 SH       SOLE                   692000             82725
Maytag Corp.                   COM              578592107    39355   563725 SH       SOLE                   504400             68300
McDermott Int'l, Inc.          COM              580037109     4406   155950 SH       SOLE                   139800             16150
Mead Corp.                     COM              582834107    74706  1789375 SH       SOLE                  1610750            203200
Men's Wearhouse, Inc.          COM              587118100    46450  1821583 SH       SOLE                  1645259            198174
Merck & Co., Inc.              COM              589331107    81369  1105175 SH       SOLE                   996300            128950
Microsoft Corp.                COM              594918104   127395  1412560 SH       SOLE                  1273460            165050
MindSpring Enterprises, Inc.   COM              602683104    12514   282400 SH       SOLE                   253825             28575
Mobil Corp.                    COM              607059102    64449   652650 SH       SOLE                   588050             76950
Mohawk Industries, Inc.        COM              608190104    30240   995572 SH       SOLE                   889897            116075
Morgan Stanley Dean Witter & C COM              617446448    47343   461325 SH       SOLE                   413475             55200
Nationwide Financial Services, COM              638612101    29696   656275 SH       SOLE                   589475             74475
Nationwide Health Properties,  COM              638620104     8109   425400 SH       SOLE                   379450             45950
New Century Energies, Inc.     COM              64352U103    38531   992750 SH       SOLE                   899075            105625
New York Times Co. Cl.A        COM              650111107    11597   315025 SH       SOLE                   276200             44825
Newfield Exploration Co.       COM              651290108     1452    51050 SH       SOLE                    48075              2975
Nokia Corp. Sponsored ADR      COM              654902204    50877   555650 SH       SOLE                   497750             57900
Nortel Networks Corp           COM              656569100    44981   518135 SH       SOLE                   462945             55190
North Fork Bancorp., Inc.      COM              659424105     5809   271760 SH       SOLE                   242160             29600
Novell, Inc.                   COM              670006105    17198   648970 SH       SOLE                   587420             72925
Outback Steakhouse, Inc.       COM              689899102     6039   153609 SH       SOLE                   138409             15200
PECO Energy Co.                COM              693304107    17757   424050 SH       SOLE                   383800             44500
PNC Bank Corp.                 COM              693475105    21703   376625 SH       SOLE                   341555             41945
Papa John's Int'l, Inc.        COM              698813102     4558   102000 SH       SOLE                    90200             11800
PathoGenesis Corp.             COM              70321E104     2767   195025 SH       SOLE                   166150             28875
PepsiCo, Inc.                  COM              713448108    60269  1557850 SH       SOLE                  1404135            183190
Pharmacia & Upjohn Co.         COM              716941109    43962   773800 SH       SOLE                   697450             90600
Pinnacle West Capital Corp.    COM              723484101     6798   168900 SH       SOLE                   151525             17375
Prime Bancshares, Inc.         COM              74157H108     1495    83650 SH       SOLE                    80850              2800
Procter & Gamble               COM              742718109    55518   622050 SH       SOLE                   559375             74150
Quaker Oats Co.                COM              747402105    15191   228869 SH       SOLE                   207350             25519
Quanex Corp.                   COM              747620102     5247   184100 SH       SOLE                   165650             18450
Ramp Networks, Inc.            COM              751567108     2863   200000 SH       SOLE                   172100             27900
Rational Software Corp.        COM              75409P202     5468   166000 SH       SOLE                   147500             18500
Republic Services, Inc.        COM              760759100    15630   631500 SH       SOLE                   568125             63375
SBC Communications Inc.        COM              78387G103    62829  1083263 SH       SOLE                   973238            130075
SLI, Inc.                      COM              78442T108     8095   299825 SH       SOLE                   269275             30550
SLM Holding Corp.              COM              78442A109    23046   503050 SH       SOLE                   450775             56775
Safeway Inc.                   COM              786514208    42149   851500 SH       SOLE                   765800            100900
Saks Inc.                      COM              79377W108    28384   983000 SH       SOLE                   885950            110500
Smithfield Foods, Inc.         COM              832248108    19930   596025 SH       SOLE                   519750             82275
Southwest Airlines Co.         COM              844741108    21777   699653 SH       SOLE                   616223             94530
Staples, Inc.                  COM              855030102    43828  1416650 SH       SOLE                  1274650            163700
Suiza Foods Corporation        COM              865077101    14007   334500 SH       SOLE                   299150             35350
Summit Bancorp                 COM              866005101    21655   517900 SH       SOLE                   468300             54000
Sun Microsystems, Inc.         COM              866810104    51494   747650 SH       SOLE                   672850             88450
Sylvan Learning Systems, Inc.  COM              871399101    24171   889057 SH       SOLE                   798157             99775
Symantec Corp.                 COM              871503108    11945   468425 SH       SOLE                   420500             47925
Symbol Technologies, Inc.      COM              871508107    33580   910657 SH       SOLE                   810582            115662
Tecumseh Products Co. Cl.A     COM              878895200     7152   118100 SH       SOLE                   104550             13550
Tellabs, Inc.                  COM              879664100    53351   789660 SH       SOLE                   711580             92330
Teradyne, Inc.                 COM              880770102    36671   511100 SH       SOLE                   459200             58550
Teva Pharmaceutical Ind's Ltd. COM              881624209    23736   484400 SH       SOLE                   444275             40125
Texaco Inc.                    COM              881694103    31415   503650 SH       SOLE                   452500             60475
Texas Utilities Co.            COM              882848104     9274   223800 SH       SOLE                   201700             22100
Tiffany & Co.                  COM              886547108    13713   142100 SH       SOLE                   128075             14025
Timberland Co.                 COM              887100105     7434   109225 SH       SOLE                    97850             11375
Time Warner Inc.               COM              887315109    36554   503330 SH       SOLE                   454130             58775
Total Renal Care Holdings, Inc COM              89151A107     5995   385250 SH       SOLE                   336700             48550
Tyco Int'l Ltd.                COM              902124106    71250   751975 SH       SOLE                   677025             88800
U.S. Bancorp                   COM              902973106    18337   549425 SH       SOLE                   493225             66850
U.S.Freightways Corp.          COM              916906100     5761   124400 SH       SOLE                   107425             16975
United Stationers, Inc.        COM              913004107     2562   116450 SH       SOLE                   107025              9425
United Technologies Corp.      COM              913017109    50807   705650 SH       SOLE                   635750             84350
Univision Communications Inc.  COM              914906102     3770    58000 SH       SOLE                    52000              6000
Vitesse Semiconductor Corp.    COM              928497106    22996   341000 SH       SOLE                   294750             50100
Washington Mutual, Inc.        COM              939322103    20578   578650 SH       SOLE                   521975             67450
Waste Management, Inc.         COM              94106L109    58583  1089922 SH       SOLE                   982060            127737
Watson Pharmaceuticals, Inc.   COM              942683103    14397   410600 SH       SOLE                   367875             43775
Wild Oats Markets, Inc.        COM              96808B107     3661   120650 SH       SOLE                   109850             10800
Yahoo! Inc.                    COM              984332106    19370   112450 SH       SOLE                   101075             13550
Ziff-Davis Inc.-ZDNet Group    COM              989511209    10423   400900 SH       SOLE                   361025             39875
Golden State Bancorp-LITI      WT               381197136     1099   837650 SH       SOLE                   771350             66300
</TABLE>


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission