13F-HR 1 j13f0906.txt SEPT 30, 2006 13F UNITED STATES SECURITIES AND EXCHANGE COMMISSION " WASHINGTON, D.C.20549" FORM 13F FORM 13F COVER PAGE "Report for the Quarter ended: September 30, 2006" 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: HGK Asset Management, Inc." Address: Suite 2601 Newport Tower 525 Washington Boulevard Jersey City New Jersey NJ07310 13F File Number : 28 - 1321 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing this 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, tables, are considered integral parts of this form." Person signing this report on Behalf of Reporting Manager: Name: Jeffrey T. Harris Title: President Phone: 201-659-3700 "Signature, Place, and Date of Signing:" " Jeffrey T. Harris Jersey City, New Jersey November 2, 2006" Report Type (Check only one) : [X] 13F HOLDING REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: None I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT 0F 1934. Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 131 "Form 13F Information Table Value Total: $ 1,873,535,000" List of Other Included Managers: NONE FORM 13F INFORMATION TABLE ISSUER CLASS CUSIP VALUE SHRS OR SH/PUT/ INVSTMTOTHER VTG AUTH (X1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ARKANSAS BEST Common Stock 40790107 18598 432200 SOLE NONE 164100 AT & T INC Common Stock 00206R102 35419 1087814 SOLE NONE 552150 BANK OF AMERICA Common Stock 60505104 28513 532260 SOLE NONE 268640 BARR LABS INC Common Stock 68306109 18140 349250 SOLE NONE 133100 BEAR STERNS COMPANI Common Stock 73902108 350 2500 SOLE NONE 0 BEST BUY Common Stock 86516101 500 9330 SOLE NONE 6250 BIOMET Common Stock 90613100 16224 504000 SOLE NONE 190700 BJ SERVICES CO Common Stock 55482103 431 14300 SOLE NONE 9600 BROADCOM CORP- CL A Common Stock 111320107 536 17650 SOLE NONE 11800 BUNGE LTD Common Stock G16962105 478 8240 SOLE NONE 5540 CABOT CORP Common Stock 127055101 19059 512350 SOLE NONE 198350 CALLAWAY GOLF COMPA Common Stock 131193104 13843 1055900 SOLE NONE 401600 CAMPBELL SOUP INC Common Stock 134429109 23404 641200 SOLE NONE 322700 CARDINAL HEALTH CAR Common Stock 14149Y108 13373 203420 SOLE NONE 103670 CBRL GROUP INC Common Stock 12489V106 22855 565300 SOLE NONE 216050 CEC ENTERTAINMENT Common Stock 125137109 17433 553250 SOLE NONE 211100 CENTURYTEL Common Stock 156700106 16459 414900 SOLE NONE 158500 CEPHALON INC. Common Stock 156708109 540 8750 SOLE NONE 5850 CHEVRON CORP Common Stock 166764100 27999 431680 SOLE NONE 218972 CIT GROUP INC Common Stock 125581108 19114 393050 SOLE NONE 140850 CITIGROUP INC Common Stock 172967101 25593 515262 SOLE NONE 257182 COCA-COLA Common Stock 191216100 23316 521850 SOLE NONE 261550 COLGATE PALMOLIVE Common Stock 194162103 279 4500 SOLE NONE 0 COMPUTER SCIENCES C Common Stock 205363104 15262 310700 SOLE NONE 119600 CONOCOPHILLIPS Common Stock 20825C104 26478 444786 SOLE NONE 226320 CONSTELLATION BRAND Common Stock 21036P108 544 18900 SOLE NONE 12750 CONSTELLATION ENERG Common Stock 210371100 296 5000 SOLE NONE 0 COVENTRY HEALTHCARE Common Stock 222862104 497 9655 SOLE NONE 6450 CYPRESS SEMICONDUCT Common Stock 232806109 21894 1232050 SOLE NONE 462850 DEERE Common Stock 244199105 26892 320490 SOLE NONE 163610 DIONEX CORP Common Stock 254546104 11752 230700 SOLE NONE 87900 EATON CORP Common Stock 278058102 36601 531600 SOLE NONE 243550 ESTEE LAUDER CO - C Common Stock 518439104 19314 478900 SOLE NONE 183400 EVEREST RE GROUP LT Common Stock G3223R108 18862 193400 SOLE NONE 74200 EXELON CORP Common Stock 30161N101 390 6450 SOLE NONE 4350 EXXON MOBIL Common Stock 30231G102 537 8000 SOLE NONE 0 FEDERAL NATL MTG AS Common Stock 313586109 18850 337150 SOLE NONE 174150 FIRST DATA CORP. Common Stock 319963104 210 5000 SOLE NONE 0 FIRST HORIZON NATL Common Stock 320517105 15060 396200 SOLE NONE 151300 FIRSTENERGY CORP Common Stock 337932107 22751 407280 SOLE NONE 203730 FISERV INC Common Stock 337738108 21089 447850 SOLE NONE 226300 FISHER SCIENTIFIC I Common Stock 338032204 16114 205950 SOLE NONE 105200 FOREST LAB INC Common Stock 345838106 15403 304350 SOLE NONE 155950 FORTUNE BRANDS INC Common Stock 349631101 15159 201820 SOLE NONE 101670 FREEPORT McMORAN CO Common Stock 35671D857 563 10570 SOLE NONE 7100 GANNETT Common Stock 364730101 14489 254950 SOLE NONE 127800 GENERAL DYNAMICS Common Stock 369550108 27478 383400 SOLE NONE 194050 GENERAL ELECTRIC Common Stock 369604103 251 7100 SOLE NONE 257800 GEORGIA GULF Common Stock 373200203 18602 678400 SOLE NONE 0 HARLEY-DAVIDSON INC Common Stock 412822108 766 12200 SOLE NONE 6250 HARTFORD FINANCIAL Common Stock 416515104 451 5200 SOLE NONE 3500 HESS CORPORATION Common Stock 42809H107 42638 1029400 SOLE NONE 468950 HOME DEPOT Common Stock 437076102 17961 495200 SOLE NONE 254350 HORMEL Common Stock 440452100 19836 551300 SOLE NONE 214000 INGERSOLL-RAND Common Stock G4776G101 37769 994450 SOLE NONE 454250 INT'L BUSINESS MACH Common Stock 459200101 20772 253500 SOLE NONE 127850 JOHNSON & JOHNSON Common Stock 478160104 29387 452525 SOLE NONE 229325 JPMORGAN CHASE & CO Common Stock 46625H100 27475 585070 SOLE NONE 290280 KELLOGG CO Common Stock 487836108 17077 344850 SOLE NONE 167750 KELLWOOD CO Common Stock 488044108 12244 424700 SOLE NONE 160600 KEYSPAN Common Stock 49337W100 10980 266900 SOLE NONE 101000 KIMBERLY-CLARK Common Stock 494368103 11771 180100 SOLE NONE 90400 L-3 COMMUNICATIONS Common Stock 502424104 576 7350 SOLE NONE 4950 LABORATORY CORP AME Common Stock 50540R409 43988 670850 SOLE NONE 299650 LILLY ELI Common Stock 532457108 25693 450750 SOLE NONE 229150 LINCOLN NATIONAL Common Stock 534187109 21917 353050 SOLE NONE 132650 MARATHON OIL CORP Common Stock 565849106 28931 376220 SOLE NONE 186420 MARSHALL & ILSLEY C Common Stock 571834100 19580 406400 SOLE NONE 155900 MEADWESTVACO CORP Common Stock 583334107 30255 1141250 SOLE NONE 494850 MEN'S WEARHOUSE Common Stock 587118100 21193 569550 SOLE NONE 217950 MERRILL LYNCH & CO Common Stock 590188108 512 6550 SOLE NONE 4350 MICRON TECH INC Common Stock 595112103 15032 863900 SOLE NONE 326600 MORGAN STANLEY Common Stock 617446448 26226 359700 SOLE NONE 180100 MOTOROLA Common Stock 620076109 225 9000 SOLE NONE 0 NIKE 'B' Common Stock 654106103 19169 218770 SOLE NONE 111520 OKLAHOMA GAS & ELEC Common Stock 670837103 13494 373700 SOLE NONE 141200 PARKER HANNIFIN Common Stock 701094104 14127 181750 SOLE NONE 68400 PEPSICO Common Stock 713448108 744 11400 SOLE NONE 6300 PFIZER INC Common Stock 717081103 30288 1067998 SOLE NONE 529501 PHELPS DODGE CORP Common Stock 717265102 33976 401130 SOLE NONE 171870 PIONEER NATURAL RES Common Stock 723787107 14607 373400 SOLE NONE 142100 PMI GROUP INC Common Stock 69344M101 18229 416100 SOLE NONE 163250 PNC FINANCIAL Common Stock 693475105 354 4893 SOLE NONE 0 POPULAR INC Common Stock 733174106 15002 771700 SOLE NONE 292400 PPG INDUSTRIES Common Stock 693506107 32856 489800 SOLE NONE 214300 PPL CORP Common Stock 69351T106 30242 919220 SOLE NONE 408950 PROCTOR & GAMBLE Common Stock 742718109 1015 16380 SOLE NONE 4930 PROGRESS ENERGY INC Common Stock 743263105 499 11000 SOLE NONE 7400 PUGET ENERGY INC Common Stock 745310102 12441 547350 SOLE NONE 208650 QUEST DIAGNOSTICS I Common Stock 74834L100 428 7000 SOLE NONE 4700 RF MICRO DEVICES Common Stock 749941100 16974 2239300 SOLE NONE 853400 ROWAN COMPANIES INC Common Stock 779382100 14234 450000 SOLE NONE 170100 SAFECO CORP Common Stock 786429100 19400 329200 SOLE NONE 125100 SANDISK CORP Common Stock 80004C101 423 7900 SOLE NONE 5250 SANMINA-SCI CORP Common Stock 800907107 7295 1950500 SOLE NONE 750600 SEAGATE TECH Common Stock G7945J104 514 22250 SOLE NONE 14950 SOUTHERN CO Common Stock 842587107 241 7000 SOLE NONE 0 SOVEREIGN BANCORP Common Stock 845905108 17800 827530 SOLE NONE 313980 ST. PAUL TRAVELERS Common Stock 792860108 509 10850 SOLE NONE 7350 STRYKER CORP Common Stock 863667101 433 8740 SOLE NONE 5840 SUN TRUST BANKS Common Stock 867914103 17404 225210 SOLE NONE 113060 SUPERVALU INC Common Stock 868536103 41341 1394300 SOLE NONE 626050 SYMANTEC Common Stock 871503108 283 13320 SOLE NONE 0 TELLABS Common Stock 879664100 10490 957150 SOLE NONE 372000 TERADYNE INC Common Stock 880770102 14884 1131000 SOLE NONE 429600 TEXAS INSTRUMENT Common Stock 882508104 22497 676600 SOLE NONE 340950 TIDEWATER INC Common Stock 886423102 19006 430100 SOLE NONE 164450 TIME WARNER Common Stock 887317105 15092 827850 SOLE NONE 414950 U.S. BANCORP Common Stock 902973304 22005 662400 SOLE NONE 325700 UNIONBANCAL CORP Common Stock 908906100 15280 250900 SOLE NONE 95500 UNITED PARCEL SERVI Common Stock 911312106 216 3000 SOLE NONE 0 UNITED TECHNOLOGIES Common Stock 913017109 583 9200 SOLE NONE 6150 UNITEDHEALTH GROUP Common Stock 91324P102 12639 256900 SOLE NONE 129550 VERIZON COMMUNICATI Common Stock 92343V104 208 5600 SOLE NONE 0 WELLPOINT HEALTH NE Common Stock 94973V107 636 8250 SOLE NONE 5550 WELLS FARGO Common Stock 949746101 545 15050 SOLE NONE 10200 WYETH Common Stock 983024100 25600 503550 SOLE NONE 255000 XTO ENERGY INC Common Stock 98385X106 560 13300 SOLE NONE 8900 ZIONS BANCORP Common Stock 989701107 16664 208800 SOLE NONE 79900