13F-HR 1 j13f0308.txt 03/31/08 13F UNITED STATES SECURITIES AND EXCHANGE COMMISSION " WASHINGTON, D.C.20549" FORM 13F FORM 13F COVER PAGE "Report for the Quarter ended: March 31, 2008" 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 April 28, 2008" 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: 145 "Form 13F Information Table Value Total: $ 2,017,319,000." 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 3M CO Common Stock 88579Y101 237 3000 SOLE NONE 3000 ABBOTT LABORATORIES Common Stock 002824100 692 12545 SOLE NONE 12545 ACCENTURE LTD-CL A Common Stock G1150G111 651 18505 SOLE NONE 18505 ADC TELECOM Common Stock 000886309 4151 343658 SOLE NONE 343658 AGL RESOURCES Common Stock 001204106 6147 179100 SOLE NONE 179100 ALLSTATE CORP Common Stock 020002101 37819 786911 SOLE NONE 786911 AMEREN Common Stock 023608102 4221 95850 SOLE NONE 95850 AMERICAN EAGLE OUTF Common Stock 02553E106 5834 333200 SOLE NONE 333200 AMERICAN EXPRESS Common Stock 025816109 210 4800 SOLE NONE 0 AMERICAN INT'L GROU Common Stock 026874107 35705 825550 SOLE NONE 825550 AMPHENOL CORP Common Stock 032095101 513 13760 SOLE NONE 13760 APACHE Common Stock 037411105 35624 294855 SOLE NONE 294855 ARKANSAS BEST Common Stock 040790107 7110 223170 SOLE NONE 223170 AT & T INC Common Stock 00206R102 43835 1144515 SOLE NONE 1144515 BAKER HUGHES Common Stock 057224107 31023 452885 SOLE NONE 452885 BANK OF AMERICA Common Stock 060505104 40273 1062342 SOLE NONE 1062342 BANK OF NY MELLON C Common Stock 064058100 21757 521367 SOLE NONE 521367 BED BATH & BEYOND Common Stock 075896100 6245 211700 SOLE NONE 211700 BEST BUY Common Stock 086516101 17311 417530 SOLE NONE 417530 BOEING COMPANY Common Stock 097023105 33647 452425 SOLE NONE 452425 BROWN-FORMAN CORP - Common Stock 115637209 7423 112100 SOLE NONE 112100 BUNGE LTD Common Stock G16962105 536 6170 SOLE NONE 6170 CABOT CORP Common Stock 127055101 7168 255990 SOLE NONE 255990 CABOT OIL AND GAS C Common Stock 127097103 6734 132450 SOLE NONE 132450 CALLAWAY GOLF COMPA Common Stock 131193104 3582 244000 SOLE NONE 244000 CAMPBELL SOUP INC Common Stock 134429109 40392 1189760 SOLE NONE 1189760 CARNIVAL CORP Common Stock 143658300 34245 845970 SOLE NONE 845970 CATERPILLAR Common Stock 149123101 46327 591740 SOLE NONE 591740 CBRL GROUP INC Common Stock 12489V106 10158 283980 SOLE NONE 283980 CHEVRON CORP Common Stock 166764100 51028 597793 SOLE NONE 597793 CIT GROUP INC Common Stock 125581108 2763 233180 SOLE NONE 233180 CITIGROUP INC Common Stock 172967101 32925 1537092 SOLE NONE 1537092 COCA COLA ENTERPRIS Common Stock 191219104 6487 268050 SOLE NONE 268050 COCA-COLA Common Stock 191216100 256 4200 SOLE NONE 0 COMPUTER SCIENCES C Common Stock 205363104 5635 138150 SOLE NONE 138150 COMTECH GROUP Common Stock 205821200 263 15000 SOLE NONE 0 CONOCOPHILLIPS Common Stock 20825C104 41812 548641 SOLE NONE 548641 CONSOLIDATED EDISON Common Stock 209115104 4298 108250 SOLE NONE 108250 CONSTELLATION ENERG Common Stock 210371100 441 5000 SOLE NONE 0 CORNING INC Common Stock 219350105 457 19000 SOLE NONE 19000 COVENTRY HEALTHCARE Common Stock 222862104 422 10455 SOLE NONE 10455 CSX CORP Common Stock 126408103 336 6000 SOLE NONE 0 CYPRESS SEMICONDUCT Common Stock 232806109 7803 330505 SOLE NONE 330505 DIAMOND OFFSHORE DR Common Stock 25271C102 561 4820 SOLE NONE 4820 DISH Common Stock 25470M109 6709 233510 SOLE NONE 233510 EATON CORP Common Stock 278058102 3784 47500 SOLE NONE 47500 EBAY INC Common Stock 278642103 588 19710 SOLE NONE 19710 EMBARQ CORP Common Stock 29078E105 5622 140200 SOLE NONE 140200 ENSCO INTERNATIONAL Common Stock 26874Q100 8325 132950 SOLE NONE 132950 ENTERGY Common Stock 29364G103 317 2910 SOLE NONE 2910 ESTEE LAUDER CO - C Common Stock 518439104 45947 1002125 SOLE NONE 1002125 EVEREST RE GROUP LT Common Stock G3223R108 5305 59250 SOLE NONE 59250 EXELON CORP Common Stock 30161N101 461 5670 SOLE NONE 5670 EXXON MOBIL Common Stock 30231G102 550 6500 SOLE NONE 0 FIRST HORIZON NATL Common Stock 320517105 2452 175000 SOLE NONE 175000 FISERV INC Common Stock 337738108 39076 812550 SOLE NONE 812550 FOREST LAB INC Common Stock 345838106 29485 736940 SOLE NONE 736940 FREEPORT McMORAN CO Common Stock 35671D857 26735 277855 SOLE NONE 277855 GANNETT Common Stock 364730101 22844 786355 SOLE NONE 786355 GARMIN LTD Common Stock G37260109 332 6145 SOLE NONE 6145 GENERAL DYNAMICS Common Stock 369550108 333 4000 SOLE NONE 0 GENERAL ELECTRIC Common Stock 369604103 640 17280 SOLE NONE 17280 GENWORTH FINANCIAL Common Stock 37247D106 5551 245200 SOLE NONE 245200 GENZYME Common Stock 372917104 479 6430 SOLE NONE 6430 GEORGIA GULF Common Stock 373200203 2098 302800 SOLE NONE 302800 HERBALIFE Common Stock G4412G101 449 9445 SOLE NONE 9445 HESS CORPORATION Common Stock 42809H107 8708 98750 SOLE NONE 98750 HOME DEPOT Common Stock 437076102 34325 1227190 SOLE NONE 1227190 HORMEL Common Stock 440452100 9291 223010 SOLE NONE 223010 INGERSOLL-RAND Common Stock G4776G101 7904 177300 SOLE NONE 177300 INTEL CORP Common Stock 458140100 35591 1680400 SOLE NONE 1680400 INTERPUBLIC GROUP C Common Stock 460690100 279 33200 SOLE NONE 0 INT'L PAPER Common Stock 460146103 14464 531770 SOLE NONE 531770 JEFFERIES GROUP Common Stock 472319102 3673 227700 SOLE NONE 227700 JOHNSON & JOHNSON Common Stock 478160104 49152 757703 SOLE NONE 757703 JOHNSON CONTROLS Common Stock 478366107 29285 866430 SOLE NONE 866430 JPMORGAN CHASE & CO Common Stock 46625H100 47727 1111232 SOLE NONE 1111232 KIMBERLY-CLARK Common Stock 494368103 31233 483860 SOLE NONE 483860 KLA-TENCOR CORP Common Stock 482480100 29203 787140 SOLE NONE 787140 KOHLS CORP Common Stock 500255104 40675 948360 SOLE NONE 948360 L-3 COMMUNICATIONS Common Stock 502424104 674 6160 SOLE NONE 6160 LAB CORP of AMERICA Common Stock 50540R409 6758 91722 SOLE NONE 91722 LILLY ELI Common Stock 532457108 39068 757285 SOLE NONE 757285 LINCOLN NATIONAL Common Stock 534187109 4048 77850 SOLE NONE 77850 MARATHON OIL CORP Common Stock 565849106 34193 749850 SOLE NONE 749850 MARSHALL & ILSLEY C Common Stock 571837103 4104 176886 SOLE NONE 176886 MEADWESTVACO CORP Common Stock 583334107 7769 285400 SOLE NONE 285400 METAVANTE TECHNOLOG Common Stock 591407101 1150 57512 SOLE NONE 57512 METLIFE INC Common Stock 59156R108 39758 659781 SOLE NONE 659781 MF GLOBAL LTD Common Stock G60642108 300 10000 SOLE NONE 0 MICRON TECH INC Common Stock 595112103 3229 540827 SOLE NONE 540827 MORGAN STANLEY Common Stock 617446448 31673 693056 SOLE NONE 693056 MOTOROLA Common Stock 620076109 14797 1591074 SOLE NONE 1591074 MYLAN INC Common Stock 628530107 5788 498950 SOLE NONE 498950 NBTY INC Common Stock 628782104 7782 259820 SOLE NONE 259820 NUCOR CORP Common Stock 670346105 28072 414410 SOLE NONE 414410 OFFICE DEPOT INC Common Stock 676220106 3060 276950 SOLE NONE 276950 OKLAHOMA GAS & ELEC Common Stock 670837103 5168 165790 SOLE NONE 165790 ONEBEACON INSURANCE Common Stock G67742109 238 9500 SOLE NONE 9500 ORACLE SYSTEMS Common Stock 68389X105 37309 1907435 SOLE NONE 0 PARKER HANNIFIN Common Stock 701094104 41120 593615 SOLE NONE 593615 PEPSICO Common Stock 713448108 703 9730 SOLE NONE 9730 PFIZER INC Common Stock 717081103 36235 1731228 SOLE NONE 1731228 PITNEY BOWES INC Common Stock 724479100 36918 1054200 SOLE NONE 1054200 PMI GROUP INC Common Stock 69344M101 2807 482260 SOLE NONE 482260 PNC FINANCIAL Common Stock 693475105 40858 623123 SOLE NONE 623123 POPULAR INC Common Stock 733174106 3999 342950 SOLE NONE 342950 PPG INDUSTRIES Common Stock 693506107 27655 457030 SOLE NONE 457030 PPL CORP Common Stock 69351T106 4459 97100 SOLE NONE 97100 PROCTOR & GAMBLE Common Stock 742718109 1128 16105 SOLE NONE 16105 PROGRESS ENERGY INC Common Stock 743263105 385 9225 SOLE NONE 9225 PUBLIC SERVICE ENTE Common Stock 744573106 347 8638 SOLE NONE 0 PUGET ENERGY INC Common Stock 745310102 6410 247785 SOLE NONE 247785 RF MICRO DEVICES Common Stock 749941100 3452 1297590 SOLE NONE 1297590 ROWAN COMPANIES INC Common Stock 779382100 8220 199600 SOLE NONE 199600 ROYAL CARRIBBEAN Common Stock V7780T103 6494 197400 SOLE NONE 197400 SAFECO CORP Common Stock 786429100 6396 145750 SOLE NONE 145750 SEAGATE TECH Common Stock G7945J104 508 24280 SOLE NONE 24280 SOUTHERN CO Common Stock 842587107 41560 1167100 SOLE NONE 1167100 SOVEREIGN BANCORP Common Stock 845905108 2756 295750 SOLE NONE 295750 ST JUDE MEDICAL INC Common Stock 790849103 44442 1028995 SOLE NONE 1028995 ST. PAUL TRAVELERS Common Stock 89417E109 498 10400 SOLE NONE 10400 SUPERVALU INC Common Stock 868536103 5821 194150 SOLE NONE 194150 TIDEWATER INC Common Stock 886423102 7600 137900 SOLE NONE 137900 TRANSAMERICA Common Stock 893485102 447 6000 SOLE NONE 6000 TRANSOCEAN Common Stock G90073100 33388 246951 SOLE NONE 0 UNIONBANCAL CORP Common Stock 908906100 5369 109400 SOLE NONE 109400 UNITED PARCEL SERVI Common Stock 911312106 219 3000 SOLE NONE 0 UNITED TECHNOLOGIES Common Stock 913017109 590 8575 SOLE NONE 8575 UNITEDHEALTH GROUP Common Stock 91324P102 25253 734951 SOLE NONE 734951 VALERO ENERGY CORP Common Stock 91913Y100 393 8005 SOLE NONE 8005 VENOCO INC Common Stock 92275P307 1510 20000 SOLE NONE 0 VERIZON COMMUNICATI Common Stock 92343V104 38340 1051850 SOLE NONE 1051850 VF CORP Common Stock 918204108 25037 323010 SOLE NONE 323010 WACHOVIA CORP Common Stock 929903102 455 16835 SOLE NONE 16835 WALGREEN CO Common Stock 931422109 705 18510 SOLE NONE 18510 WASHINGTON MUTUAL Common Stock 939322103 19442 1887545 SOLE NONE 1887545 WELLPOINT HEALTH NE Common Stock 94973V107 351 7965 SOLE NONE 7965 WELLS FARGO Common Stock 949746101 580 19940 SOLE NONE 19940 WW GRAINGER Common Stock 384802104 5435 71150 SOLE NONE 71150 WYETH Common Stock 983024100 36291 869041 SOLE NONE 869041 XCEL ENERGY Common Stock 98389B100 7159 358850 SOLE NONE 358850 XTO ENERGY INC Common Stock 98385X106 573 9257 SOLE NONE 9257 ZIMMER HOLDINGS INC Common Stock 98956P102 8033 103170 SOLE NONE 103170 ZIONS BANCORP Common Stock 989701107 7395 162350 SOLE NONE 162350 2017323