13F-HR 1 j13f1208.txt 12/31/08 13F UNITED STATES SECURITIES AND EXCHANGE COMMISSION " WASHINGTON, D.C.20549" FORM 13F FORM 13F COVER PAGE "Report for the Quarter ended: December 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 February 26, 2009" 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: 140 "Form 13F Information Table Value Total: $ 1,495,564,000.0" 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 301 5645 SOLE NONE 0 ACCENTURE LTD CL A Common Stock G1150G111 538 16420 SOLE NONE 10670 ADC TELECOM Common Stock 000886309 1773 324083 SOLE NONE 169076 ADOBE SYSTEMS Common Stock 00724F101 257 12076 SOLE NONE 0 AGL RESOURCES Common Stock 001204106 5295 168894 SOLE NONE 87900 AKAMAI TECHNOLOGIES Common Stock 00971T101 306 20255 SOLE NONE 0 ALLSTATE CORP Common Stock 020002101 31638 965751 SOLE NONE 209281 AMB PROPERTY CORP Common Stock 00163T109 2829 120800 SOLE NONE 62500 AMEREN Common Stock 023608102 3841 115475 SOLE NONE 60250 AMERICAN EAGLE OUTF Common Stock 02553E106 2940 314050 SOLE NONE 164000 AMERICAN ELECTRIC P Common Stock 025537101 38011 1142160 SOLE NONE 248120 APACHE Common Stock 037411105 23227 311648 SOLE NONE 67420 ARCHER DANIELS Common Stock 039483102 749 25980 SOLE NONE 15660 ARKANSAS BEST Common Stock 040790107 4178 138745 SOLE NONE 72300 AT & T INC Common Stock 00206R102 35763 1254835 SOLE NONE 275159 AVALONBAY COMMUNITI Common Stock 053484101 2656 43850 SOLE NONE 22900 BAKER HUGHES Common Stock 057224107 14627 456100 SOLE NONE 98900 BANK OF AMERICA Common Stock 060505104 18729 1330200 SOLE NONE 299075 BANK OF NY MELLON C Common Stock 064058100 31126 1098680 SOLE NONE 238270 BED BATH & BEYOND Common Stock 075896100 5071 199500 SOLE NONE 104300 BEST BUY Common Stock 086516101 32035 1139615 SOLE NONE 254070 BOEING COMPANY Common Stock 097023105 27182 637020 SOLE NONE 143870 BRISTOL-MYERS SQUIB Common Stock 110122108 272 11700 SOLE NONE 11000 BROADCOM CORP- CL A Common Stock 111320107 3998 235615 SOLE NONE 123595 BROWN-FORMAN CORP - Common Stock 115637209 5188 100749 SOLE NONE 52100 BUNGE LTD Common Stock G16962105 428 8265 SOLE NONE 4700 CABOT CORP Common Stock 127055101 3717 242920 SOLE NONE 126700 CABOT OIL AND GAS C Common Stock 127097103 3327 127950 SOLE NONE 66900 CALLAWAY GOLF COMPA Common Stock 131193104 2136 229900 SOLE NONE 120100 CAMPBELL SOUP INC Common Stock 134429109 21243 707870 SOLE NONE 183700 CATERPILLAR Common Stock 149123101 22523 504210 SOLE NONE 112615 CHEVRON CORP Common Stock 166764100 38270 517373 SOLE NONE 113545 CHICAGO BRIDGE & IR Common Stock 167250109 294 29205 SOLE NONE 0 CITIGROUP INC Common Stock 172967101 13413 1998959 SOLE NONE 432710 CITRIX SYSTEMS INC. Common Stock 177376100 4796 203500 SOLE NONE 106300 COMPUTER SCIENCES C Common Stock 205363104 4542 129250 SOLE NONE 67700 COMTECH GROUP Common Stock 205821200 263 15000 SOLE NONE 0 CONOCOPHILLIPS Common Stock 20825C104 27134 523821 SOLE NONE 115330 CONSOLIDATED EDISON Common Stock 209115104 4008 102950 SOLE NONE 53600 CORNING INC Common Stock 219350105 274 28715 SOLE NONE 0 CRACKER BARREL OLD Common Stock 22410J106 5505 267340 SOLE NONE 139550 DIAMOND OFFSHORE DR Common Stock 25271C102 236 4000 SOLE NONE 0 DISH NETWORK Common Stock 25470M109 2347 211650 SOLE NONE 110600 EATON CORP Common Stock 278058102 2232 44900 SOLE NONE 23450 EBAY INC Common Stock 278642103 408 29250 SOLE NONE 18370 EMBARQ CORP Common Stock 29078E105 4781 132950 SOLE NONE 69350 ENSCO INTERNATIONAL Common Stock 26874Q100 2672 94120 SOLE NONE 49170 ENTERGY Common Stock 29364G103 30419 365920 SOLE NONE 81295 EVEREST RE GROUP LT Common Stock G3223R108 6371 83670 SOLE NONE 43640 EXXON MOBIL Common Stock 30231G102 19122 239530 SOLE NONE 52620 FIRST HORIZON NATL Common Stock 320517105 1784 168794 SOLE NONE 88451 FOREST LAB INC Common Stock 345838106 27833 1092790 SOLE NONE 292495 FREEPORT McMORAN CO Common Stock 35671D857 7683 314361 SOLE NONE 73980 FRONTIER OIL CORP Common Stock 35914P105 3055 241850 SOLE NONE 126500 GANNETT Common Stock 364730101 1284 160500 SOLE NONE 83800 GENERAL DYNAMICS Common Stock 369550108 17007 295320 SOLE NONE 63240 GENERAL ELECTRIC Common Stock 369604103 24539 1514740 SOLE NONE 341645 GENWORTH FINANCIAL Common Stock 37247D106 1000 353450 SOLE NONE 183500 GENZYME Common Stock 372917104 707 10645 SOLE NONE 6675 HARRIS CORP Common Stock 413875105 427 11220 SOLE NONE 5810 HARTFORD FINANCIAL Common Stock 416515104 2282 138970 SOLE NONE 72280 HERBALIFE Common Stock G4412G101 463 21340 SOLE NONE 12340 HEWLETT-PACKARD CO Common Stock 428236103 284 7830 SOLE NONE 5610 HOME DEPOT Common Stock 437076102 432 18750 SOLE NONE 10395 HORMEL Common Stock 440452100 6272 201790 SOLE NONE 105150 INGERSOLL-RAND Common Stock G4776G101 2917 168150 SOLE NONE 87650 INT'L BUSINESS MACH Common Stock 459200101 18660 221720 SOLE NONE 46840 INT'L PAPER Common Stock 460146103 9288 787080 SOLE NONE 236670 INTEL CORP Common Stock 458140100 26547 1810840 SOLE NONE 397300 INTERCONTINENTAL EX Common Stock 45865V100 477 5785 SOLE NONE 3600 JEFFERIES GROUP Common Stock 472319102 3023 215000 SOLE NONE 112500 JOHNSON & JOHNSON Common Stock 478160104 35724 597095 SOLE NONE 140070 JPMORGAN CHASE & CO Common Stock 46625H100 32965 1045500 SOLE NONE 242360 JUNIPER NETWORKS IN Common Stock 48203R104 20473 1169240 SOLE NONE 252200 KIMBERLY-CLARK Common Stock 494368103 29619 561610 SOLE NONE 121480 KLA-TENCOR CORP Common Stock 482480100 2792 128150 SOLE NONE 66500 KOHLS CORP Common Stock 500255104 33518 925900 SOLE NONE 240150 L-3 COMMUNICATIONS Common Stock 502424104 733 9935 SOLE NONE 6160 LILLY ELI Common Stock 532457108 34054 845650 SOLE NONE 182550 LINCOLN NATIONAL Common Stock 534187109 2204 117000 SOLE NONE 60750 LOWES COS Common Stock 548661107 370 17200 SOLE NONE 13600 MARATHON OIL CORP Common Stock 565849106 24265 886895 SOLE NONE 197220 MARSHALL & ILSLEY C Common Stock 571837103 2263 165940 SOLE NONE 86794 McCORMICK & CO Common Stock 579780206 5298 166300 SOLE NONE 86600 McDONALD'S CORP Common Stock 580135101 880 14150 SOLE NONE 14150 McKESSON CORP Common Stock 58155Q103 3976 102650 SOLE NONE 53400 MERCK & CO Common Stock 589331107 283 9300 SOLE NONE 9300 METLIFE INC Common Stock 59156R108 30901 886426 SOLE NONE 191591 MF GLOBAL LTD Common Stock G60642108 300 10000 SOLE NONE 0 MORGAN STANLEY Common Stock 617446448 13896 866358 SOLE NONE 187990 MOTOROLA Common Stock 620076109 13812 3117840 SOLE NONE 674790 MYLAN INC Common Stock 628530107 4537 458750 SOLE NONE 239600 NATIONAL OILWELL Common Stock 637071101 16366 669650 SOLE NONE 144520 NBTY INC Common Stock 628782104 3877 247745 SOLE NONE 129000 NEWMONT MINING CORP Common Stock 651639106 5989 147150 SOLE NONE 76500 NUCOR CORP Common Stock 670346105 21273 460460 SOLE NONE 104650 OFFICE DEPOT INC Common Stock 676220106 778 261150 SOLE NONE 136400 OKLAHOMA GAS & ELEC Common Stock 670837103 4014 155706 SOLE NONE 81200 ORACLE SYSTEMS Common Stock 68389X105 36811 2076195 SOLE NONE 458755 PARKER HANNIFIN Common Stock 701094104 31485 740130 SOLE NONE 193070 PEABODY ENERGY CORP Common Stock 704549104 303 13335 SOLE NONE 0 PEPCO HOLDINGS INC Common Stock 713291102 4021 226400 SOLE NONE 112850 PEPSICO Common Stock 713448108 995 18160 SOLE NONE 13285 PFIZER INC Common Stock 717081103 33735 1904830 SOLE NONE 431930 PITNEY BOWES INC Common Stock 724479100 3715 145800 SOLE NONE 76100 PNC FINANCIAL Common Stock 693475105 27867 568713 SOLE NONE 122940 POPULAR INC Common Stock 733174106 1654 320500 SOLE NONE 166900 PPG INDUSTRIES Common Stock 693506107 20314 478755 SOLE NONE 139910 PPL CORP Common Stock 69351T106 2797 91150 SOLE NONE 47650 PRECISION CASTPARTS Common Stock 740189105 4068 68400 SOLE NONE 35600 PROCTOR & GAMBLE Common Stock 742718109 579 9360 SOLE NONE 6535 PUGET ENERGY INC Common Stock 745310102 6340 232505 SOLE NONE 121400 ROWAN COMPANIES INC Common Stock 779382100 1967 123700 SOLE NONE 64700 ROYAL CARRIBBEAN Common Stock V7780T103 2553 185650 SOLE NONE 97000 SAFEWAY INC Common Stock 786514208 26166 1100810 SOLE NONE 239820 SOUTHERN CO Common Stock 842587107 385 10400 SOLE NONE 5930 ST JUDE MEDICAL INC Common Stock 790849103 40680 1234235 SOLE NONE 317610 ST. PAUL TRAVELERS Common Stock 89417E109 20708 458150 SOLE NONE 99300 STARBUCKS CORP Common Stock 855244109 2987 315800 SOLE NONE 164900 STRYKER CORP Common Stock 863667101 323 8080 SOLE NONE 0 SUNPOWER CORP- CLAS Common Stock 867652307 2588 85036 SOLE NONE 44221 SUPERVALU INC Common Stock 868536103 2676 183300 SOLE NONE 95900 THE BLACKSTONE GROU Common Stock 09253U108 220 33670 SOLE NONE 0 TIDEWATER INC Common Stock 886423102 4155 103185 SOLE NONE 53750 TIME WARNER Common Stock 887317105 27423 2725993 SOLE NONE 589430 TRANSAMERICA Common Stock 893485102 447 6000 SOLE NONE 0 UNITED TECHNOLOGIES Common Stock 913017109 654 12200 SOLE NONE 7765 UNITEDHEALTH GROUP Common Stock 91324P102 26397 992380 SOLE NONE 214830 VALERO ENERGY CORP Common Stock 91913Y100 13588 627918 SOLE NONE 139120 VERIZON COMMUNICATI Common Stock 92343V104 39078 1152740 SOLE NONE 251900 VF CORP Common Stock 918204108 31038 566705 SOLE NONE 144380 W.R. BERKLEY Common Stock 084423102 7851 253250 SOLE NONE 132000 WALGREEN CO Common Stock 931422109 755 30610 SOLE NONE 18670 WELLS FARGO Common Stock 949746101 644 21840 SOLE NONE 15210 WW GRAINGER Common Stock 384802104 5322 67500 SOLE NONE 35200 WYETH Common Stock 983024100 35560 948017 SOLE NONE 206366 XCEL ENERGY Common Stock 98389B100 4551 245350 SOLE NONE 127300 XTO ENERGY INC Common Stock 98385X106 481 13641 SOLE NONE 7789 ZIMMER HOLDINGS INC Common Stock 98956P102 3771 93300 SOLE NONE 48600 ZIONS BANCORP Common Stock 989701107 3797 154900 SOLE NONE 81000 TOTAL "1,495,564.00"