13F-HR 1 j13f0908.txt 13F 09/30/08 2008 UNITED STATES SECURITIES AND EXCHANGE COMMISSION " WASHINGTON, D.C.20549" FORM 13F FORM 13F COVER PAGE "Report for the Quarter ended: September 30, 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 November 13, 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: 132 "Form 13F Information Table Value Total: $ 1,834,345,000.0" 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 ABBOTT LABORATORIES Common Stock 002824100 439 7630 SOLE NONE 4240 ACCENTURE LTD CL A Common Stock G1150G111 417 10965 SOLE NONE 6100 ADC TELECOM Common Stock 000886309 2614 309383 SOLE NONE 179376 AGL RESOURCES Common Stock 001204106 5052 160991 SOLE NONE 93450 AKAMAI TECHNOLOGIES Common Stock 00971T101 364 20900 SOLE NONE 11620 ALLSTATE CORP Common Stock 020002101 40278 873322 SOLE NONE 195751 AMEREN Common Stock 023608102 4297 110100 SOLE NONE 63975 AMERICAN EAGLE OUTF Common Stock 02553E106 4590 300983 SOLE NONE 174100 AMERICAN ELECTRIC P Common Stock 025537101 41115 1110320 SOLE NONE 248720 AMPHENOL CORP Common Stock 032095101 272 6780 SOLE NONE 0 APACHE Common Stock 037411105 31355 300678 SOLE NONE 67420 ARCHER DANIELS Common Stock 039483102 387 17655 SOLE NONE 9860 ARKANSAS BEST Common Stock 040790107 4459 132345 SOLE NONE 76800 AT & T INC Common Stock 00206R102 34060 1219927 SOLE NONE 277595 AUTOZONE INC Common Stock 053332102 477 3865 SOLE NONE 2145 BAKER HUGHES Common Stock 057224107 21819 360400 SOLE NONE 80520 BANK OF AMERICA Common Stock 060505104 41845 1195585 SOLE NONE 272890 BANK OF NY MELLON C Common Stock 064058100 30908 948690 SOLE NONE 212770 BED BATH & BEYOND Common Stock 075896100 5980 190400 SOLE NONE 110600 BEST BUY Common Stock 086516101 28589 762367 SOLE NONE 174600 BOEING COMPANY Common Stock 097023105 34723 605465 SOLE NONE 138465 BROADCOM CORP- CL A Common Stock 111320107 250 13410 SOLE NONE 0 BROWN-FORMAN CORP - Common Stock 115637209 7255 101025 SOLE NONE 58625 BUNGE LTD Common Stock G16962105 291 4605 SOLE NONE 0 CABOT CORP Common Stock 127055101 7359 231560 SOLE NONE 134240 CABOT OIL AND GAS C Common Stock 127097103 4413 122100 SOLE NONE 71050 CALLAWAY GOLF COMPA Common Stock 131193104 3088 219500 SOLE NONE 127400 CAMPBELL SOUP INC Common Stock 134429109 40244 1042600 SOLE NONE 280040 CARNIVAL CORP Common Stock 143658300 31955 903960 SOLE NONE 202720 CATERPILLAR Common Stock 149123101 28050 470631 SOLE NONE 107990 CBRL GROUP INC Common Stock 12489V106 6725 255708 SOLE NONE 147900 CHEVRON CORP Common Stock 166764100 41538 503619 SOLE NONE 113970 CHICAGO BRIDGE & IR Common Stock 167250109 231 12010 SOLE NONE 0 CIT GROUP INC Common Stock 125581108 1451 208450 SOLE NONE 120750 CITIGROUP INC Common Stock 172967101 39439 1922899 SOLE NONE 431790 CITRIX SYSTEMS INC. Common Stock 177376100 4890 193600 SOLE NONE 112400 COMPUTER SCIENCES C Common Stock 205363104 4959 123400 SOLE NONE 71850 COMTECH GROUP Common Stock 205821200 263 15000 SOLE NONE 0 CONOCOPHILLIPS Common Stock 20825C104 36953 504481 SOLE NONE 114330 CONSOLIDATED EDISON Common Stock 209115104 4214 98100 SOLE NONE 56850 CORNING INC Common Stock 219350105 371 23710 SOLE NONE 13140 CYPRESS SEMICONDUCT Common Stock 232806109 1544 295835 SOLE NONE 170650 DIAMOND OFFSHORE DR Common Stock 25271C102 358 3475 SOLE NONE 0 DISH NETWORK Common Stock 25470M109 4243 202050 SOLE NONE 117500 EATON CORP Common Stock 278058102 2405 42800 SOLE NONE 24850 EBAY INC Common Stock 278642103 431 19240 SOLE NONE 10680 EMBARQ CORP Common Stock 29078E105 5140 126750 SOLE NONE 73550 ENSCO INTERNATIONAL Common Stock 26874Q100 5176 89820 SOLE NONE 52170 ENTERGY Common Stock 29364G103 31465 353505 SOLE NONE 81305 EVEREST RE GROUP LT Common Stock G3223R108 6926 80045 SOLE NONE 46315 FIRST HORIZON NATL Common Stock 320517105 1507 161028 SOLE NONE 93885 FOREST LAB INC Common Stock 345838106 28344 1002270 SOLE NONE 285845 FREEPORT McMORAN CO Common Stock 35671D857 16605 292078 SOLE NONE 66855 FRONTIER OIL CORP Common Stock 35914P105 4253 230900 SOLE NONE 134250 GANNETT Common Stock 364730101 2589 153100 SOLE NONE 88900 GENERAL ELECTRIC Common Stock 369604103 28943 1135025 SOLE NONE 262365 GENWORTH FINANCIAL Common Stock 37247D106 2892 335900 SOLE NONE 193650 GENZYME Common Stock 372917104 450 5560 SOLE NONE 3070 HARRIS CORP Common Stock 413875105 461 9985 SOLE NONE 5530 HERBALIFE Common Stock G4412G101 510 12900 SOLE NONE 7175 HOME DEPOT Common Stock 437076102 481 18565 SOLE NONE 10275 HORMEL Common Stock 440452100 6989 192640 SOLE NONE 111500 INGERSOLL-RAND Common Stock G4776G101 4993 160200 SOLE NONE 92900 INT'L PAPER Common Stock 460146103 19854 758380 SOLE NONE 242920 INTEL CORP Common Stock 458140100 33045 1764290 SOLE NONE 395000 JEFFERIES GROUP Common Stock 472319102 4598 205250 SOLE NONE 119450 JOHNSON & JOHNSON Common Stock 478160104 50625 730732 SOLE NONE 166110 JOHNSON CONTROLS Common Stock 478366107 35498 1170390 SOLE NONE 262080 JPMORGAN CHASE & CO Common Stock 46625H100 54545 1167978 SOLE NONE 265340 JUNIPER NETWORKS IN Common Stock 48203R104 23851 1131980 SOLE NONE 252900 KIMBERLY-CLARK Common Stock 494368103 35280 544105 SOLE NONE 121480 KLA-TENCOR CORP Common Stock 482480100 34151 1079030 SOLE NONE 284730 KOHLS CORP Common Stock 500255104 36400 789920 SOLE NONE 221230 L-3 COMMUNICATIONS Common Stock 502424104 495 5030 SOLE NONE 2805 LILLY ELI Common Stock 532457108 35306 801860 SOLE NONE 178950 LINCOLN NATIONAL Common Stock 534187109 2903 67800 SOLE NONE 39550 MARATHON OIL CORP Common Stock 565849106 34396 862705 SOLE NONE 197350 MARSHALL & ILSLEY C Common Stock 571837103 3194 158488 SOLE NONE 92242 McCORMICK & CO Common Stock 579780206 6123 159250 SOLE NONE 92550 METLIFE INC Common Stock 59156R108 41528 741573 SOLE NONE 165791 MF GLOBAL LTD Common Stock G60642108 300 10000 SOLE NONE 0 MORGAN STANLEY Common Stock 617446448 19373 842308 SOLE NONE 188490 MOTOROLA Common Stock 620076109 21591 3024004 SOLE NONE 676590 MYLAN INC Common Stock 628530107 5003 438050 SOLE NONE 254400 NATIONAL OILWELL Common Stock 637071101 21097 420000 SOLE NONE 93980 NBTY INC Common Stock 628782104 6979 236400 SOLE NONE 136900 NUCOR CORP Common Stock 670346105 17485 442655 SOLE NONE 100970 OFFICE DEPOT INC Common Stock 676220106 1448 248800 SOLE NONE 144650 OKLAHOMA GAS & ELEC Common Stock 670837103 4587 148530 SOLE NONE 86300 ORACLE SYSTEMS Common Stock 68389X105 40862 2011910 SOLE NONE 456390 PARKER HANNIFIN Common Stock 701094104 34197 645230 SOLE NONE 179940 PEPSICO Common Stock 713448108 504 7070 SOLE NONE 3925 PFIZER INC Common Stock 717081103 33566 1820295 SOLE NONE 415530 PITNEY BOWES INC Common Stock 724479100 4628 139150 SOLE NONE 80650 PMI GROUP INC Common Stock 69344M101 1264 428600 SOLE NONE 249000 PNC FINANCIAL Common Stock 693475105 48988 655793 SOLE NONE 147020 POPULAR INC Common Stock 733174106 2535 305800 SOLE NONE 177100 PPG INDUSTRIES Common Stock 693506107 27023 463355 SOLE NONE 144310 PPL CORP Common Stock 69351T106 3219 86950 SOLE NONE 50550 PROCTOR & GAMBLE Common Stock 742718109 497 7130 SOLE NONE 3950 PUGET ENERGY INC Common Stock 745310102 5933 222205 SOLE NONE 128700 ROWAN COMPANIES INC Common Stock 779382100 3609 118150 SOLE NONE 68750 ROYAL CARRIBBEAN Common Stock V7780T103 3676 177150 SOLE NONE 102900 SAFEWAY INC Common Stock 786514208 30412 1282130 SOLE NONE 290190 SEAGATE TECH Common Stock G7945J104 350 28855 SOLE NONE 0 SOUTHERN CO Common Stock 842587107 340 9010 SOLE NONE 0 SOVEREIGN BANCORP Common Stock 845905108 1052 266350 SOLE NONE 155050 ST JUDE MEDICAL INC Common Stock 790849103 52153 1199185 SOLE NONE 325710 ST. PAUL TRAVELERS Common Stock 89417E109 465 10295 SOLE NONE 5690 STARBUCKS CORP Common Stock 855244109 4450 299250 SOLE NONE 173800 SUNPOWER CORP- CLAS Common Stock 867652307 5603 81140 SOLE NONE 46805 SUPERVALU INC Common Stock 868536103 3798 175000 SOLE NONE 101800 THE BLACKSTONE GROU Common Stock 09253U108 397 25860 SOLE NONE 14340 TIDEWATER INC Common Stock 886423102 5462 98665 SOLE NONE 57100 TIME WARNER Common Stock 887317105 27959 2132683 SOLE NONE 478650 TRANSAMERICA Common Stock 893485102 447 6000 SOLE NONE 0 UNIONBANCAL CORP Common Stock 908906100 7336 100100 SOLE NONE 59350 UNITED TECHNOLOGIES Common Stock 913017109 502 8350 SOLE NONE 4585 UNITEDHEALTH GROUP Common Stock 91324P102 19958 786050 SOLE NONE 172750 VALERO ENERGY CORP Common Stock 91913Y100 18387 606843 SOLE NONE 137960 VERIZON COMMUNICATI Common Stock 92343V104 35846 1117040 SOLE NONE 249900 VF CORP Common Stock 918204108 39386 509450 SOLE NONE 138365 W.R. BERKLEY Common Stock 084423102 5681 241250 SOLE NONE 139800 WALGREEN CO Common Stock 931422109 563 18195 SOLE NONE 10110 WELLPOINT HEALTH NE Common Stock 94973V107 369 7890 SOLE NONE 4405 WELLS FARGO Common Stock 949746101 475 12660 SOLE NONE 6920 WW GRAINGER Common Stock 384802104 5601 64400 SOLE NONE 37300 WYETH Common Stock 983024100 33970 919610 SOLE NONE 206649 XCEL ENERGY Common Stock 98389B100 6462 323250 SOLE NONE 188100 XTO ENERGY INC Common Stock 98385X106 469 10086 SOLE NONE 4899 ZIMMER HOLDINGS INC Common Stock 98956P102 6189 95860 SOLE NONE 55370 ZIONS BANCORP Common Stock 989701107 5723 147875 SOLE NONE 86075 1834645