UNITED STATES
              SECURITIES AND EXCHANGE COMMISSION
"                 WASHINGTON, D.C.20549"

FORM 13F

FORM 13F COVER PAGE

"Report for the Quarter ended:   September 30, 2011"

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 IM filing this

it is signed hereby represent that the person signing this
report and the person by whom
"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 December 07, 2011"

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:     160

"Form 13F Information Table Value Total:     $ 2,159,557,000"



List of Other Included Managers:              NONE



			FORM 13F INFORMATION TABLE
	VALUE	SHRS OR SH/PUT/	INVSTMTOTHER	VTG AUTH
ISSUER CLASS CUSIP  			(X1000)	PRN AMT PRN CALL	DSCRETN	MANAGERS	SOLE

3M Co.	Common Stock	88579Y101	599	8350	SOLE	NONE	6680
Abbott Laboratories	Common Stock	2824100	1132	22130	SOLE	NONE	17015
AFLAC Inc.	Common Stock	1055102	374	10715	SOLE	NONE	6300
AGL Resources Inc.	Common Stock	1204106	5754	141240	SOLE	NONE	69650
Alliant Techsystems	Common Stock	18804104	4682	85895	SOLE	NONE	42400
Allstate Corp.	Common Stock	20002101	40675	1716973	SOLE	NONE	296145
Ameren Corp.	Common Stock	23608102	2835	95245	SOLE	NONE	47050
American Electric P	Common Stock	25537101	54162	1424579	SOLE	NONE	280020
Apple Inc.	Common Stock	37833100	1890	4957	SOLE	NONE	4167
Archer Daniels Midl	Common Stock	39483102	19632	791274	SOLE	NONE	144035
Arris Group Inc.	Common Stock	04269Q100	3934	381976	SOLE	NONE	179740
AT&T Inc.	Common Stock	00206R102	44589	1563432	SOLE	NONE	265984
Avon Products Inc.	Common Stock	54303102	252	12850	SOLE	NONE	12850
Bank of America Cor	Common Stock	60505104	21052	3439829	SOLE	NONE	584840
Baxter Internationa	Common Stock	71813109	366	6525	SOLE	NONE	6525
Best Buy Co. Inc.	Common Stock	86516101	22257	955252	SOLE	NONE	174790
Blackrock Inc.	Common Stock	09247X101	464	3136	SOLE	NONE	2323
Boeing Co.	Common Stock	97023105	703	11620	SOLE	NONE	9295
Boston Properties I	Common Stock	101121101	4128	46330	SOLE	NONE	22900
Cabot Oil & Gas Cor	Common Stock	127097103	4793	77420	SOLE	NONE	37550
Cantel Medical Corp	Common Stock	138098108	254	12032	SOLE	NONE	0
Capital One Financi	Common Stock	14040H105	38365	968080	SOLE	NONE	165060
Celgene Corp.	Common Stock	151020104	226	3650	SOLE	NONE	3650
CenturyLink Inc.	Common Stock	156700106	4964	149887	SOLE	NONE	74228
CF Industries Holdi	Common Stock	125269100	412	3340	SOLE	NONE	2645
Chevron Corp.	Common Stock	166764100	46241	499421	SOLE	NONE	91435
Church & Dwight Co.	Common Stock	171340102	343	7750	SOLE	NONE	7750
Cisco Systems Inc.	Common Stock	17275R102	43907	2832719	SOLE	NONE	496190
Cliffs Natural Reso	Common Stock	18683K101	4199	82065	SOLE	NONE	40425
Comcast Corp. (Cl A	Common Stock	20030N101	41107	1964980	SOLE	NONE	337420
Comerica Inc.	Common Stock	200340107	4049	176265	SOLE	NONE	86975
Computer Sciences C	Common Stock	205363104	3487	129875	SOLE	NONE	64100
ConAgra Foods Inc.	Common Stock	205887102	4331	178820	SOLE	NONE	85850
ConocoPhillips	Common Stock	20825C104	41090	648926	SOLE	NONE	115135
Cummins Inc.	Common Stock	231021106	805	9860	SOLE	NONE	7650
CVS Caremark Corp.	Common Stock	126650100	44369	1320904	SOLE	NONE	234335
Danaher Corp.	Common Stock	235851102	46027	1097452	SOLE	NONE	187720
Deere & Co.	Common Stock	244199105	277	4295	SOLE	NONE	4295
Diamond Offshore Dr	Common Stock	25271C102	33388	609939	SOLE	NONE	104075
DIRECTV	Common Stock	25490A101	229	5410	SOLE	NONE	5410
Discover Financial	Common Stock	254709108	6525	284430	SOLE	NONE	138200
DISH Network Corp.	Common Stock	25470M109	5893	235260	SOLE	NONE	114150
Dollar General Corp	Common Stock	256677105	797	21100	SOLE	NONE	15590
E.I. DuPont de Nemo	Common Stock	263534109	517	12940	SOLE	NONE	9580
Eaton Corp.	Common Stock	278058102	5331	150160	SOLE	NONE	78110
El Paso Corp.	Common Stock	28336L109	509	29131	SOLE	NONE	21495
Eli Lilly & Co.	Common Stock	532457108	42478	1148989	SOLE	NONE	212555
Emerson Electric Co	Common Stock	291011104	40694	985096	SOLE	NONE	168350
Entergy Corp.	Common Stock	29364G103	45225	682232	SOLE	NONE	120440
Esterline Technolog	Common Stock	297425100	242	4677	SOLE	NONE	0
Everest Re Group Lt	Common Stock	G3223R108	5526	69615	SOLE	NONE	33340
Express Scripts Inc	Common Stock	302182100	306	8255	SOLE	NONE	8255
Exxon Mobil Corp.	Common Stock	30231G102	43487	598747	SOLE	NONE	112340
F5 Networks Inc.	Common Stock	315616102	212	2990	SOLE	NONE	2990
Fifth Third Bancorp	Common Stock	316773100	42726	4230305	SOLE	NONE	892390
First Horizon Natio	Common Stock	320517105	2748	461118	SOLE	NONE	228021
FirstEnergy Corp.	Common Stock	337932107	5686	126600	SOLE	NONE	58900
Forest Laboratories	Common Stock	345838106	4155	134960	SOLE	NONE	66700
Freeport-McMoRan Co	Common Stock	35671D857	30021	985906	SOLE	NONE	176715
Gap Inc.	Common Stock	364760108	4926	303310	SOLE	NONE	143550
General Dynamics Co	Common Stock	369550108	41001	720703	SOLE	NONE	124770
General Electric Co	Common Stock	369604103	37000	2431003	SOLE	NONE	433355
Gilead Sciences Inc	Common Stock	375558103	581	14970	SOLE	NONE	10330
Goldman Sachs Group	Common Stock	38141G104	27079	286395	SOLE	NONE	48787
Google Inc. (Cl A)	Common Stock	38259P508	974	1892	SOLE	NONE	1518
Guess? Inc.	Common Stock	401617105	5036	176770	SOLE	NONE	85120
Hartford Financial	Common Stock	416515104	2952	182900	SOLE	NONE	80550
Hasbro Inc.	Common Stock	418056107	5601	171745	SOLE	NONE	87565
HCP Inc.	Common Stock	40414L109	4411	125800	SOLE	NONE	62150
Helen of Troy Corp.	Common Stock	G4388N106	237	9439	SOLE	NONE	0
Hewlett-Packard Co.	Common Stock	428236103	27310	1216480	SOLE	NONE	210840
Home Depot Inc.	Common Stock	437076102	673	20475	SOLE	NONE	16005
Hormel Foods Corp.	Common Stock	440452100	5882	217680	SOLE	NONE	103590
Hospira Inc.	Common Stock	441060100	3829	103485	SOLE	NONE	51275
Humana Inc.	Common Stock	444859102	7898	108600	SOLE	NONE	52600
Intel Corp.	Common Stock	458140100	646	30270	SOLE	NONE	20810
IntercontinentalExc	Common Stock	45865V100	439	3715	SOLE	NONE	2590
International Busin	Common Stock	459200101	632	3615	SOLE	NONE	3615
International Paper	Common Stock	460146103	34310	1475681	SOLE	NONE	254040
Investment Technolo	Common Stock	46145F105	206	21043	SOLE	NONE	181669
Jabil Circuit Inc.	Common Stock	466313103	6670	374951	SOLE	NONE	0
Jefferies Group Inc	Common Stock	472319102	2220	178860	SOLE	NONE	88250
Johnson & Johnson	Common Stock	478160104	45776	718729	SOLE	NONE	121710
Joy Global Inc.	Common Stock	481165108	544	8720	SOLE	NONE	6785
JPMorgan Chase & Co	Common Stock	46625H100	40554	1346429	SOLE	NONE	242115
Kennametal Inc.	Common Stock	489170100	5081	155200	SOLE	NONE	75600
Kimberly-Clark Corp	Common Stock	494368103	51061	719068	SOLE	NONE	131885
KLA-Tencor Corp.	Common Stock	482480100	4024	105130	SOLE	NONE	51750
Kohl's Corp.	Common Stock	500255104	43262	881092	SOLE	NONE	187745
Limited Brands Inc.	Common Stock	532716107	254	6600	SOLE	NONE	6600
Lincoln National Co	Common Stock	534187109	2549	163075	SOLE	NONE	80500
Mack-Cali Realty Co	Common Stock	554489104	3178	118800	SOLE	NONE	58650
Marathon Oil Corp.	Common Stock	565849106	31526	1460867	SOLE	NONE	252165
Marathon Petroleum	Common Stock	56585A102	18166	671322	SOLE	NONE	118100
Marvell Technology	Common Stock	G5876H105	32623	2247534	SOLE	NONE	386260
McKesson Corp.	Common Stock	58155Q103	42009	577847	SOLE	NONE	106335
Merck & Co Inc	Common Stock	58933Y105	46828	1432034	SOLE	NONE	243950
MetLife Inc.	Common Stock	59156R108	40950	1461983	SOLE	NONE	257261
Microsoft Corp.	Common Stock	594918104	47772	1919331	SOLE	NONE	355600
Morgan Stanley	Common Stock	617446448	280	20701	SOLE	NONE	0
Motorola Solutions	Common Stock	620076307	28213	673335	SOLE	NONE	115800
Murphy Oil Corp.	Common Stock	626717102	36975	837288	SOLE	NONE	167225
Nabors Industries L	Common Stock	G6359F103	3141	256210	SOLE	NONE	126400
Newell Rubbermaid I	Common Stock	651229106	4670	393410	SOLE	NONE	191800
Newfield Exploratio	Common Stock	651290108	3829	96465	SOLE	NONE	45675
NII Holdings Inc.	Common Stock	62913F201	319	11830	SOLE	NONE	8510
Nuance Communicatio	Common Stock	67020Y100	686	33745	SOLE	NONE	25825
NVIDIA Corp.	Common Stock	67066G104	439	35070	SOLE	NONE	26625
OGE Energy Corp.	Common Stock	670837103	6151	128699	SOLE	NONE	62250
ON Semiconductor Co	Common Stock	682189105	5578	776887	SOLE	NONE	371171
Oracle Corp.	Common Stock	68389X105	42073	1463934	SOLE	NONE	268205
Packaging Corp. of	Common Stock	695156109	4762	204370	SOLE	NONE	100850
Parker Hannifin Cor	Common Stock	701094104	4991	79060	SOLE	NONE	38600
Peabody Energy Corp	Common Stock	704549104	239	7040	SOLE	NONE	0
Pepco Holdings Inc.	Common Stock	713291102	3571	188760	SOLE	NONE	88250
PepsiCo Inc.	Common Stock	713448108	1013	16370	SOLE	NONE	12860
PetSmart Inc.	Common Stock	716768106	200	4695	SOLE	NONE	4695
Pfizer Inc.	Common Stock	717081103	46048	2604518	SOLE	NONE	455453
Pinnacle West Capit	Common Stock	723484101	5091	118550	SOLE	NONE	58500
Pioneer Natural Res	Common Stock	723787107	4107	62445	SOLE	NONE	30825
PPG Industries Inc.	Common Stock	693506107	4959	70185	SOLE	NONE	34650
priceline.com Inc.	Common Stock	741503403	479	1066	SOLE	NONE	786
Procter & Gamble Co	Common Stock	742718109	327	5175	SOLE	NONE	5175
ProLogis Inc.	Common Stock	74340W103	3672	151440	SOLE	NONE	74800
QUALCOMM Inc.	Common Stock	747525103	609	12515	SOLE	NONE	10005
R.R. Donnelley & So	Common Stock	257867101	307	21730	SOLE	NONE	0
Regal-Beloit Corp.	Common Stock	758750103	4581	100951	SOLE	NONE	47870
Regency Centers Cor	Common Stock	758849103	3323	94065	SOLE	NONE	46500
Ross Stores Inc.	Common Stock	778296103	308	3920	SOLE	NONE	3920
Safeway Inc.	Common Stock	786514208	4889	293960	SOLE	NONE	142900
SanDisk Corp.	Common Stock	80004C101	323	8010	SOLE	NONE	0
Schlumberger Ltd.	Common Stock	806857108	552	9240	SOLE	NONE	7250
Seagate Technology	Common Stock	G7945M107	4230	411650	SOLE	NONE	203300
Sensient Technologi	Common Stock	81725T100	6229	191380	SOLE	NONE	91580
Shaw Group Inc.	Common Stock	820280105	4496	206795	SOLE	NONE	101750
Sonoco Products Co.	Common Stock	835495102	4651	164750	SOLE	NONE	81150
St. Jude Medical In	Common Stock	790849103	44237	1222341	SOLE	NONE	259485
State Street Corp.	Common Stock	857477103	36861	1146189	SOLE	NONE	197150
SunTrust Banks Inc.	Common Stock	867914103	5255	292750	SOLE	NONE	142600
Symantec Corp.	Common Stock	871503108	4659	285850	SOLE	NONE	137400
Sysco Corp.	Common Stock	871829107	24727	954729	SOLE	NONE	162110
Target Corp.	Common Stock	8.76E+110	217	4415	SOLE	NONE	4415
Thoratec Corp.	Common Stock	885175307	300	9195	SOLE	NONE	0
Tidewater Inc.	Common Stock	886423102	3486	82900	SOLE	NONE	39950
Travelers Cos. Inc.	Common Stock	8.94E+113	41893	859697	SOLE	NONE	145105
United Parcel Servi	Common Stock	911312106	303	4795	SOLE	NONE	4795
United Technologies	Common Stock	913017109	738	10485	SOLE	NONE	8370
United Therapeutics	Common Stock	91307C102	440	11740	SOLE	NONE	8380
UnitedHealth Group	Common Stock	91324P102	37906	821903	SOLE	NONE	141755
Verizon Communicati	Common Stock	92343V104	50269	1365997	SOLE	NONE	234770
VF Corp.	Common Stock	918204108	44031	362335	SOLE	NONE	80510
Visa Inc.	Common Stock	92826C839	457	5330	SOLE	NONE	3865
W.R. Berkley Corp.	Common Stock	84423102	6161	207500	SOLE	NONE	100850
W.W. Grainger Inc.	Common Stock	384802104	4461	29830	SOLE	NONE	14555
Walgreen Co.	Common Stock	931422109	256	7785	SOLE	NONE	7785
Wells Fargo & Co.	Common Stock	949746101	34283	1421352	SOLE	NONE	251600
Whirlpool Corp.	Common Stock	963320106	5765	115500	SOLE	NONE	56100
Xcel Energy Inc.	Common Stock	98389B100	4949	200455	SOLE	NONE	98850
Zimmer Holdings Inc	Common Stock	98956P102	5781	108095	SOLE	NONE	52950
Zions Bancorp	Common Stock	989701107	3717	263960	SOLE	NONE	130250