13F-HR 1 j13f1209.txt 13F 12/31/09 UNITED STATES SECURITIES AND EXCHANGE COMMISSION " WASHINGTON, D.C.20549" FORM 13F FORM 13F COVER PAGE "Report for the Quarter ended: December 31, 2009" 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 2000 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 March 1, 2010" 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: 218 "Form 13F Information Table Value Total: $ 2,067,637,000" 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 Abbott Laboratories Common Stock 002824100 2420 44832 SOLE NONE 7385 ACCENTURE LTD CL A Common Stock G1151C101 2104 50700 SOLE NONE 11325 ADC Telecom Common Stock 000886309 1882 303023 SOLE NONE 154776 AFLAC Inc. Common Stock 001055102 857 18531 SOLE NONE 0 AGL Resources Inc. Common Stock 001204106 5622 154144 SOLE NONE 80500 Allstate Corp. Common Stock 020002101 38789 1291250 SOLE NONE 270380 Amazon.com Inc. Common Stock 023135106 262 1948 SOLE NONE 0 AMB Property Corp. Common Stock 00163T109 2780 108800 SOLE NONE 57000 Ameren Corp. Common Stock 023608102 3196 114330 SOLE NONE 55050 American Electric P Common Stock 025537101 4453 128000 SOLE NONE 66800 American Water Work Common Stock 030420103 240 10693 SOLE NONE 0 AmerisourceBergen C Common Stock 03073E105 273 10476 SOLE NONE 0 Anadarko Petroleum Common Stock 032511107 272 4358 SOLE NONE 0 Annaly Capital Mana Common Stock 035710409 257 14784 SOLE NONE 0 Apache Corp. Common Stock 037411105 38670 374815 SOLE NONE 76925 Apple Inc. Common Stock 037833100 885 4199 SOLE NONE 0 Archer Daniels Midl Common Stock 039483102 1722 55001 SOLE NONE 14040 Arkansas Best Common Stock 040790107 3712 126138 SOLE NONE 66100 Ashland Inc. Common Stock 044209104 641 16170 SOLE NONE 0 AT&T Inc Common Stock 00206R102 38866 1386598 SOLE NONE 285674 AutoZone Inc. Common Stock 053332102 761 4815 SOLE NONE 0 AvalonBay Communiti Common Stock 053484101 3445 41962 SOLE NONE 22011 Baker Hughes Inc. Common Stock 057224107 25699 634862 SOLE NONE 131460 Bank of America Cor Common Stock 060505104 28870 1917006 SOLE NONE 402985 Bank of New York Me Common Stock 064058100 25336 905815 SOLE NONE 187725 Baxter Internationa Common Stock 071813109 1992 33949 SOLE NONE 6295 Becton Dickinson & Common Stock 075887109 1343 17030 SOLE NONE 0 Best Buy Co. Inc. Common Stock 086516101 24874 630359 SOLE NONE 129885 Boeing Co. Common Stock 097023105 38613 713347 SOLE NONE 149905 Bristol-Myers Squib Common Stock 110122108 1559 61730 SOLE NONE 11000 Brown-Forman Corp C Common Stock 115637209 4924 91924 SOLE NONE 48100 Bunge Ltd. Common Stock G16962105 432 6775 SOLE NONE 4020 Burlington Northern Common Stock 12189T104 236 2388 SOLE NONE 0 Cabot Corp. Common Stock 127055101 214 8176 SOLE NONE 0 Cabot Oil & Gas Cor Common Stock 127097103 5107 117150 SOLE NONE 61300 Callaway Golf Compa Common Stock 131193104 1581 209725 SOLE NONE 109900 Campbell Soup Co. Common Stock 134429109 3115 92172 SOLE NONE 47600 Cardinal Health Inc Common Stock 14149Y108 254 7865 SOLE NONE 0 Caterpillar Inc. Common Stock 149123101 24364 427515 SOLE NONE 90745 Celgene Corp. Common Stock 151020104 526 9445 SOLE NONE 0 CenturyTel Inc. Common Stock 156700106 5975 165007 SOLE NONE 86728 Cephalon Inc. Common Stock 156708109 1519 24340 SOLE NONE 4430 CF Industries Holdi Common Stock 125269100 631 6950 SOLE NONE 0 Chesapeake Energy C Common Stock 165167107 293 11307 SOLE NONE 0 Chevron Corp. Common Stock 166764100 43079 559537 SOLE NONE 116580 CHICAGO BRIDGE & IR Common Stock 167250109 464 22955 SOLE NONE 12195 Church & Dwight Co. Common Stock 171340102 1011 16720 SOLE NONE 0 Cisco Systems Inc. Common Stock 17275R102 351 14653 SOLE NONE 0 Citigroup Inc. Common Stock 172967101 217 65546 SOLE NONE 0 Citrix Systems Inc. Common Stock 177376100 5728 137650 SOLE NONE 71850 Coca-Cola Co. Common Stock 191216100 514 9018 SOLE NONE 0 Cognizant Technolog Common Stock 192446102 287 6337 SOLE NONE 0 Colgate-Palmolive C Common Stock 194162103 38689 470954 SOLE NONE 0 Comcast Corp. (Cl A Common Stock 20030N101 34452 2043436 SOLE NONE 406120 Computer Sciences C Common Stock 205363104 7091 123264 SOLE NONE 62150 COMTECH GROUP Common Stock 205821200 263 15000 SOLE NONE 0 ConocoPhillips Common Stock 20825C104 39288 769294 SOLE NONE 161375 Consolidated Edison Common Stock 209115104 4192 92275 SOLE NONE 48400 Corning Inc. Common Stock 219350105 1273 65920 SOLE NONE 17545 CVS Caremark Corp. Common Stock 126650100 34220 1062391 SOLE NONE 217990 Cypress Semiconduct Common Stock 232806109 266 25170 SOLE NONE 0 Danaher Corp. Common Stock 235851102 35640 473940 SOLE NONE 95890 Diamond Offshore Dr Common Stock 25271C102 1215 12340 SOLE NONE 2520 DIRECTV Group Inc. Common Stock 25490A101 1044 31310 SOLE NONE 0 DISH Network Corp. Common Stock 25470M109 6118 294550 SOLE NONE 153850 Dominion Resources Common Stock 25746U109 330 8484 SOLE NONE 0 Dresser-Rand Group Common Stock 261608103 271 8578 SOLE NONE 0 Eaton Corp. Common Stock 278058102 2588 40675 SOLE NONE 21400 eBay Inc. Common Stock 278642103 1878 79810 SOLE NONE 15470 Edison Internationa Common Stock 281020107 3201 92030 SOLE NONE 45800 El Paso Corp. Common Stock 28336L109 908 92375 SOLE NONE 0 Eli Lilly & Co. Common Stock 532457108 34995 979978 SOLE NONE 200750 EMC Corp. Common Stock 268648102 674 38554 SOLE NONE 0 ENSCO International Common Stock 29358Q109 3501 87665 SOLE NONE 44970 Entergy Corp. Common Stock 29364G103 37945 463645 SOLE NONE 98785 EOG Resources Inc. Common Stock 26875P101 356 3655 SOLE NONE 0 ESTERLINE TECHNOLOG Common Stock 297425100 357 8747 SOLE NONE 0 Everest Re Group Lt Common Stock G3223R108 6762 78925 SOLE NONE 39940 Exelon Corp. Common Stock 30161N101 900 18424 SOLE NONE 0 Exxon Mobil Corp. Common Stock 30231G102 40532 594397 SOLE NONE 118000 Federated Investors Common Stock 314211103 234 8492 SOLE NONE 0 First Horizon Natio Common Stock 320517105 2219 165625 SOLE NONE 87269 First Solar Inc. Common Stock 336433107 1023 7556 SOLE NONE 1725 Fiserv Inc. Common Stock 337738108 771 15905 SOLE NONE 0 Flir Systems Inc. Common Stock 302445101 1661 50741 SOLE NONE 0 Flowserve Corp. Common Stock 34354P105 998 10555 SOLE NONE 0 Ford Motor Co. Common Stock 345370860 259 25876 SOLE NONE 0 Forest Laboratories Common Stock 345838106 23558 733679 SOLE NONE 203505 Fossil Inc. Common Stock 349882100 6735 200700 SOLE NONE 104800 Freeport-McMoRan Co Common Stock 35671D857 26246 326885 SOLE NONE 69010 Frontier Oil Corp. Common Stock 35914P105 2655 220500 SOLE NONE 115700 GameStop Corp. (Cl Common Stock 36467W109 1398 63710 SOLE NONE 11590 Garmin Ltd. Common Stock G37260109 605 19710 SOLE NONE 0 General Dynamics Co Common Stock 369550108 35801 525172 SOLE NONE 107985 General Electric Co Common Stock 369604103 25189 1664822 SOLE NONE 355395 Genzyme Corp. Common Stock 372917104 1374 28035 SOLE NONE 8230 Gilead Sciences Inc Common Stock 375558103 375 8662 SOLE NONE 0 Goldman Sachs Group Common Stock 38141G104 32829 194441 SOLE NONE 39335 Google Inc. (Cl A) Common Stock 38259P508 1642 2648 SOLE NONE 0 Harris Corp. Common Stock 413875105 1657 34838 SOLE NONE 8545 Hartford Financial Common Stock 416515104 2679 115190 SOLE NONE 58100 Hasbro Inc. Common Stock 418056107 4647 144956 SOLE NONE 72770 HCP Inc. Common Stock 40414L109 2833 92750 SOLE NONE 48250 Herbalife Ltd. Common Stock G4412G101 1617 39845 SOLE NONE 9575 Hewitt Associates I Common Stock 42822Q100 240 5681 SOLE NONE 0 Hewlett-Packard Co. Common Stock 428236103 1771 34380 SOLE NONE 8530 Home Depot Inc. Common Stock 437076102 1835 63435 SOLE NONE 12750 Hormel Foods Corp. Common Stock 440452100 8278 215280 SOLE NONE 96250 Hudson City Bancorp Common Stock 443683107 249 18166 SOLE NONE 0 Huntsman Corp. Common Stock 447011107 250 22149 SOLE NONE 0 Ingersoll - Rand Common Stock G47791101 5446 152375 SOLE NONE 79950 Integrys Energy Gro Common Stock 45822P105 246 5859 SOLE NONE 0 Intel Corp. Common Stock 458140100 34425 1687515 SOLE NONE 345300 IntercontinentalExc Common Stock 45865V100 1405 12515 SOLE NONE 3315 International Busin Common Stock 459200101 39044 298270 SOLE NONE 58585 International Paper Common Stock 460146103 6289 234847 SOLE NONE 117100 Jacobs Engineering Common Stock 469814107 1137 30235 SOLE NONE 0 Jefferies Group Inc Common Stock 472319102 4667 196650 SOLE NONE 103000 Johnson & Johnson Common Stock 478160104 45213 701958 SOLE NONE 149015 JPMorgan Chase & Co Common Stock 46625H100 40927 982160 SOLE NONE 213575 Kimberly-Clark Corp Common Stock 494368103 40399 634110 SOLE NONE 126915 KLA-Tencor Corp. Common Stock 482480100 4214 116550 SOLE NONE 60800 Kroger Co. Common Stock 501044101 1491 72624 SOLE NONE 10460 L-3 Communications Common Stock 502424104 1152 13247 SOLE NONE 6215 Liberty Media Corp Common Stock 53071M302 221 9270 SOLE NONE 0 Lincoln National Co Common Stock 534187109 2617 105200 SOLE NONE 55300 Lockheed Martin Cor Common Stock 539830109 319 4235 SOLE NONE 0 Lowe's Cos. Common Stock 548661107 388 16600 SOLE NONE 13400 M&T Bank Corp. Common Stock 55261F104 4365 65250 SOLE NONE 34050 Mack-Cali Realty Co Common Stock 554489104 4434 128250 SOLE NONE 67000 Marathon Oil Corp. Common Stock 565849106 33746 1080894 SOLE NONE 227045 Marshall & Ilsley C Common Stock 571837103 824 151194 SOLE NONE 79398 Marvell Technology Common Stock G5876H105 671 32348 SOLE NONE 0 McCormick & Co. Inc Common Stock 579780206 5503 152300 SOLE NONE 79700 McDonald's Corp. Common Stock 580135101 846 13550 SOLE NONE 13550 McKesson Corp. Common Stock 58155Q103 36138 578205 SOLE NONE 148270 Medco Health Soluti Common Stock 58405U102 494 7731 SOLE NONE 0 Medtronic Inc. Common Stock 585055106 1193 27134 SOLE NONE 0 Merck & Co. Inc. Common Stock 58933Y105 1755 48043 SOLE NONE 9300 MetLife Inc. Common Stock 59156R108 32549 920763 SOLE NONE 190141 MF GLOBAL LTD Common Stock G60642108 300 10000 SOLE NONE 0 Microsoft Corp. Common Stock 594918104 2225 73000 SOLE NONE 0 Mirant Corp. Common Stock 60467R100 242 15855 SOLE NONE 0 Morgan Stanley Common Stock 617446448 30512 1030797 SOLE NONE 206890 Motorola Inc. Common Stock 620076109 15238 1963658 SOLE NONE 388565 Mylan Inc. Common Stock 628530107 6286 341050 SOLE NONE 177900 National Oilwell Va Common Stock 637071101 39302 891395 SOLE NONE 184205 NBTY Inc. Common Stock 628782104 6348 145800 SOLE NONE 75950 New York Community Common Stock 649445103 272 18742 SOLE NONE 0 Newfield Exploratio Common Stock 651290108 5830 120875 SOLE NONE 63000 Newmont Mining Corp Common Stock 651639106 6375 134745 SOLE NONE 69700 NII Holdings Inc. Common Stock 62913F201 1075 32005 SOLE NONE 7935 Nike Inc. (Cl B) Common Stock 654106103 34895 528155 SOLE NONE 108940 Northeast Utilities Common Stock 664397106 257 9973 SOLE NONE 0 Northrop Grumman Co Common Stock 666807102 252 4507 SOLE NONE 0 Nuance Communicatio Common Stock 67020Y100 930 59911 SOLE NONE 0 Nucor Corp. Common Stock 670346105 22513 482594 SOLE NONE 105430 OGE Energy Corp. Common Stock 670837103 5269 142831 SOLE NONE 74500 Oracle Corp. Common Stock 68389X105 41778 1703125 SOLE NONE 351025 Parker Hannifin Cor Common Stock 701094104 5208 96650 SOLE NONE 50750 PartnerRe Ltd. Common Stock G6852T105 225 3020 SOLE NONE 0 Peabody Energy Corp Common Stock 704549104 1328 29380 SOLE NONE 8405 Pepco Holdings Inc. Common Stock 713291102 3481 206600 SOLE NONE 103050 PepsiCo Inc. Common Stock 713448108 2605 42841 SOLE NONE 13720 Pfizer Inc. Common Stock 717081103 49234 2706664 SOLE NONE 571281 Pioneer Natural Res Common Stock 723787107 7387 153350 SOLE NONE 80000 Pitney Bowes Inc. Common Stock 724479100 3024 132850 SOLE NONE 69600 PNC Financial Servi Common Stock 693475105 370 7010 SOLE NONE 0 Popular Inc. Common Stock 733174106 816 361172 SOLE NONE 152700 PPG Industries Inc. Common Stock 693506107 29125 497517 SOLE NONE 136185 PPL Corp. Common Stock 69351T106 46966 1453615 SOLE NONE 340565 Precision Castparts Common Stock 740189105 7997 72465 SOLE NONE 32350 Procter & Gamble Co Common Stock 742718109 2585 42640 SOLE NONE 8865 Public Storage Common Stock 74460D109 278 3410 SOLE NONE 0 QUALCOMM Inc. Common Stock 747525103 1187 25669 SOLE NONE 0 Raytheon Co. Common Stock 755111507 307 5963 SOLE NONE 0 RESEARCH IN MOTION Common Stock 760975102 2004 29675 SOLE NONE 6730 Reynolds American I Common Stock 761713106 264 4991 SOLE NONE 0 Ross Stores Inc. Common Stock 778296103 5520 129248 SOLE NONE 66000 Rowan Cos. Inc. Common Stock 779382100 2559 113050 SOLE NONE 59200 Royal Caribbean Cru Common Stock V7780T103 4286 169550 SOLE NONE 88800 RTI INL METALS INC Common Stock 74973W107 268 10645 SOLE NONE 0 Safeway Inc. Common Stock 786514208 41022 1926840 SOLE NONE 461170 SAIC Inc. Common Stock 78390X101 204 10757 SOLE NONE 0 SanDisk Corp. Common Stock 80004C101 1082 37310 SOLE NONE 0 Seagate Technology Common Stock G7945J104 6614 363631 SOLE NONE 169200 SENSIENT TECHNOLOGI Common Stock 81725T100 5436 206700 SOLE NONE 107900 Shaw Group Inc. Common Stock 820280105 5009 174227 SOLE NONE 89500 SLM Corp. Common Stock 78442P106 1436 127425 SOLE NONE 35295 Southern Co. Common Stock 842587107 41356 1241180 SOLE NONE 265305 St. Jude Medical In Common Stock 790849103 39226 1066505 SOLE NONE 264455 State Street Corp. Common Stock 857477103 35526 815950 SOLE NONE 166905 Stryker Corp. Common Stock 863667101 1775 35240 SOLE NONE 6230 SunTrust Banks Inc. Common Stock 867914103 4261 210000 SOLE NONE 109500 Tech Data Corp. Common Stock 878237106 249 5337 SOLE NONE 0 Tidewater Inc. Common Stock 886423102 4497 93785 SOLE NONE 49150 TRANSAMERICA Common Stock 893485102 447 6000 SOLE NONE 0 Travelers Cos. Inc. Common Stock 89417E109 38492 772005 SOLE NONE 162035 Tyson Foods Inc. (C Common Stock 902494103 211 17158 SOLE NONE 0 United Parcel Servi Common Stock 911312106 391 6814 SOLE NONE 0 United Technologies Common Stock 913017109 2249 32400 SOLE NONE 8135 UnitedHealth Group Common Stock 91324P102 36477 1196761 SOLE NONE 246850 Verizon Communicati Common Stock 92343V104 41550 1254160 SOLE NONE 259655 VF Corp. Common Stock 918204108 42464 579795 SOLE NONE 138250 Viacom Inc Cl B Common Stock 92553P201 274 9208 SOLE NONE 0 W.R. Berkley Corp. Common Stock 084423102 5716 232000 SOLE NONE 121700 W.W. Grainger Inc. Common Stock 384802104 6134 63346 SOLE NONE 32050 Wal-Mart Stores Inc Common Stock 931142103 486 9086 SOLE NONE 0 Walgreen Co. Common Stock 931422109 276 7514 SOLE NONE 0 WellPoint Inc. Common Stock 94973V107 919 15770 SOLE NONE 0 Wells Fargo & Co. Common Stock 949746101 2227 82523 SOLE NONE 18800 Wendy's/Arby's Grou Common Stock 950587105 209 44570 SOLE NONE 0 Western Digital Cor Common Stock 958102105 295 6690 SOLE NONE 0 Whirlpool Corp. Common Stock 963320106 7377 91456 SOLE NONE 47200 Xcel Energy Inc. Common Stock 98389B100 4692 221125 SOLE NONE 116000 XTO Energy Inc. Common Stock 98385X106 1397 30019 SOLE NONE 8314 Zimmer Holdings Inc Common Stock 98956P102 5005 84675 SOLE NONE 44350 Zions Bancorp Common Stock 989701107 1821 141900 SOLE NONE 74300