13F-HR 1 j13f0607.txt 13F HGK JUNE 30, 2007 UNITED STATES SECURITIES AND EXCHANGE COMMISSION " WASHINGTON, D.C.20549" FORM 13F FORM 13F COVER PAGE "Report for the Quarter ended: June 30, 2007" 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 August 08, 2007" 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: 136 "Form 13F Information Table Value Total: $ 1,720,736,000." 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 ADC TELECOM Common Stock 000886309 2992 163216 SOLE NONE 110767 AGL RESOURCES Common Stock 001204106 6434 158950 SOLE NONE 107100 ABERCROMBIE & FITCH Common Stock 002896207 377 5170 SOLE NONE 3800 ALCOA Common Stock 013817101 19969 492700 SOLE NONE 218800 ALLSTATE CORP Common Stock 020002101 28006 455300 SOLE NONE 201450 AMEREN Common Stock 023608102 4788 97700 SOLE NONE 65750 AMERICAN EXPRESS Common Stock 025816109 294 4800 SOLE NONE 0 AMERICAN INT'L GROU Common Stock 026874107 28534 407450 SOLE NONE 179500 AMPHENOL CORP Common Stock 032095101 504 14150 SOLE NONE 10450 APACHE Common Stock 037411105 13715 168100 SOLE NONE 74400 ARCHER DANIELS Common Stock 039483102 505 15250 SOLE NONE 11300 ARKANSAS BEST Common Stock 040790107 8920 228900 SOLE NONE 155100 BJ SERVICES CO Common Stock 055482103 412 14500 SOLE NONE 10700 BAKER HUGHES Common Stock 057224107 31005 368538 SOLE NONE 163800 BANK OF AMERICA Common Stock 060505104 29279 598870 SOLE NONE 267750 BANK OF NY MELLON C Common Stock 064058100 220 5000 SOLE NONE 146000 BEAR STERNS COMPANI Common Stock 073902108 350 2500 SOLE NONE 0 BED BATH & BEYOND Common Stock 075896100 7767 215800 SOLE NONE 6550 BEST BUY Common Stock 086516101 416 8920 SOLE NONE 0 BOEING COMPANY Common Stock 097023105 500 5200 SOLE NONE 3850 BROWN-FORMAN CORP - Common Stock 115637209 8386 114750 SOLE NONE 77500 CIT GROUP INC Common Stock 125581108 10345 188667 SOLE NONE 127850 CSX CORP Common Stock 126408103 270 6000 SOLE NONE 0 CABOT CORP Common Stock 127055101 10780 226100 SOLE NONE 153250 CALLAWAY GOLF COMPA Common Stock 131193104 8246 463000 SOLE NONE 313150 CAMPBELL SOUP INC Common Stock 134429109 26127 673200 SOLE NONE 295400 CARNIVAL CORP Common Stock 143658300 24841 509350 SOLE NONE 224650 CATERPILLAR Common Stock 149123101 34447 439940 SOLE NONE 197310 CENTURYTEL Common Stock 156700106 9219 187952 SOLE NONE 127300 CHARLES RIVER LABS Common Stock 159864107 10256 198690 SOLE NONE 134250 CHEVRON CORP Common Stock 166764100 33560 398381 SOLE NONE 177133 CITIGROUP INC Common Stock 172967101 27644 538969 SOLE NONE 242132 COCA-COLA Common Stock 191216100 25030 478493 SOLE NONE 211230 COCA COLA ENTERPRIS Common Stock 191219104 36316 1513150 SOLE NONE 766450 COLGATE PALMOLIVE Common Stock 194162103 292 4500 SOLE NONE 95300 COMPUTER SCIENCES C Common Stock 205363104 8316 140600 SOLE NONE 6050 COMTECH GROUP Common Stock 205821200 263 15000 SOLE NONE 0 CONSTELLATION ENERG Common Stock 210371100 436 5000 SOLE NONE 0 COVENTRY HEALTHCARE Common Stock 222862104 473 8205 SOLE NONE 0 CYPRESS SEMICONDUCT Common Stock 232806109 13170 565500 SOLE NONE 383700 EATON CORP Common Stock 278058102 7487 80500 SOLE NONE 54300 EBAY INC Common Stock 278642103 542 16850 SOLE NONE 12400 EXPRESS SCRIPTS Common Stock 302182100 353 7050 SOLE NONE 5250 FIRST HORIZON NATL Common Stock 320517105 6958 178400 SOLE NONE 120400 FISERV INC Common Stock 337738108 29808 524790 SOLE NONE 232140 GANNETT Common Stock 364730101 30973 563650 SOLE NONE 281450 GENERAL DYNAMICS Common Stock 369550108 31789 406400 SOLE NONE 181780 GENERAL ELECTRIC Common Stock 369604103 264 6900 SOLE NONE 208900 GEORGIA GULF Common Stock 373200203 5583 308300 SOLE NONE 0 GRAINGER W.W. Common Stock 384802104 11282 121250 SOLE NONE 82150 HARTFORD FINANCIAL Common Stock 416515104 424 4300 SOLE NONE 3150 HOME DEPOT Common Stock 437076102 27517 699287 SOLE NONE 311900 HORMEL Common Stock 440452100 9563 256040 SOLE NONE 174350 INT'L BUSINESS MACH Common Stock 459200101 28097 266956 SOLE NONE 119100 INT'L PAPER Common Stock 460146103 13748 352050 SOLE NONE 156800 JEFFERIES GROUP Common Stock 472319102 8263 306250 SOLE NONE 207350 JOHNSON & JOHNSON Common Stock 478160104 31363 508977 SOLE NONE 227525 KLA-TENCOR CORP Common Stock 482480100 28758 523350 SOLE NONE 232950 L-3 COMMUNICATIONS Common Stock 502424104 628 6450 SOLE NONE 4750 ESTEE LAUDER CO - C Common Stock 518439104 9946 218550 SOLE NONE 148450 LILLY ELI Common Stock 532457108 28583 511500 SOLE NONE 225550 LINCOLN NATIONAL Common Stock 534187109 5626 79300 SOLE NONE 52100 MARATHON OIL CORP Common Stock 565849106 31251 521200 SOLE NONE 227550 MARSHALL & ILSLEY C Common Stock 571834100 8899 186840 SOLE NONE 126500 MEADWESTVACO CORP Common Stock 583334107 10271 290800 SOLE NONE 196400 MERRILL LYNCH & CO Common Stock 590188108 441 5280 SOLE NONE 3900 MICRON TECH INC Common Stock 595112103 6903 550950 SOLE NONE 371250 MORGAN STANLEY Common Stock 617446448 31300 373148 SOLE NONE 163080 MOTOROLA Common Stock 620076109 23073 1303568 SOLE NONE 583200 MYLAN LABS INC Common Stock 628530107 6939 381500 SOLE NONE 258300 NATIONAL OILWELL VA Common Stock 637071101 10219 98030 SOLE NONE 66400 NIKE 'B' Common Stock 654106103 24337 417510 SOLE NONE 191110 OKLAHOMA GAS & ELEC Common Stock 670837103 6197 169090 SOLE NONE 113900 OFFICE DEPOT INC Common Stock 676220106 16782 553850 SOLE NONE 299700 PNC FINANCIAL Common Stock 693475105 26502 370243 SOLE NONE 162000 PPG INDUSTRIES Common Stock 693506107 26928 353800 SOLE NONE 187500 PARKER HANNIFIN Common Stock 701094104 35840 366050 SOLE NONE 183200 PEPSICO Common Stock 713448108 636 9800 SOLE NONE 5750 PFIZER INC Common Stock 717081103 29423 1150695 SOLE NONE 510051 POPULAR INC Common Stock 733174106 5594 348100 SOLE NONE 235400 PROCTOR & GAMBLE Common Stock 742718109 26521 433420 SOLE NONE 188570 PROGRESS ENERGY INC Common Stock 743263105 422 9255 SOLE NONE 6825 PUBLIC SERVICE ENTE Common Stock 744573106 1675 19080 SOLE NONE 170150 PUGET ENERGY INC Common Stock 745310102 6056 250450 SOLE NONE 0 RF MICRO DEVICES Common Stock 749941100 8253 1322590 SOLE NONE 890650 ROWAN COMPANIES INC Common Stock 779382100 10985 268050 SOLE NONE 180750 SAFECO CORP Common Stock 786429100 9258 148700 SOLE NONE 100700 ST JUDE MEDICAL INC Common Stock 790849103 28425 685100 SOLE NONE 304500 SOUTHERN CO Common Stock 842587107 17716 516650 SOLE NONE 227500 STRYKER CORP Common Stock 863667101 441 6990 SOLE NONE 5140 SUPERVALU INC Common Stock 868536103 9160 197750 SOLE NONE 133900 TELLABS Common Stock 879664100 4504 418600 SOLE NONE 282500 TEXAS INSTRUMENT Common Stock 882508104 309 8220 SOLE NONE 6050 TIDEWATER INC Common Stock 886423102 9962 140550 SOLE NONE 94900 TRANSAMERICA Common Stock 893485102 447 6000 SOLE NONE 0 UNIONBANCAL CORP Common Stock 908906100 6668 111700 SOLE NONE 75400 UNITED PARCEL SERVI Common Stock 911312106 219 3000 SOLE NONE 0 UNITED TECHNOLOGIES Common Stock 913017109 564 7950 SOLE NONE 5900 VFC CORP Common Stock 918204108 511 5575 SOLE NONE 4100 WELLS FARGO Common Stock 949746101 443 12600 SOLE NONE 9300 WYETH Common Stock 983024100 31492 549210 SOLE NONE 244510 ZIONS BANCORP Common Stock 989701107 7395 96150 SOLE NONE 65250 AMERICAN EAGLE OUTF Common Stock 02553E106 7494 292050 SOLE NONE 196700 ST. PAUL TRAVELERS Common Stock 89417E109 504 9425 SOLE NONE 6950 AT & T INC Common Stock 00206R102 27150 654208 SOLE NONE 292761 CBRL GROUP INC Common Stock 12489V106 10939 257500 SOLE NONE 174600 CONOCOPHILLIPS Common Stock 20825C104 32514 414197 SOLE NONE 186400 EXELON CORP Common Stock 30161N101 393 5420 SOLE NONE 4000 EXXON MOBIL Common Stock 30231G102 545 6500 SOLE NONE 0 FREEPORT McMORAN CO Common Stock 35671D857 22168 267663 SOLE NONE 120932 GENWORTH FINANCIAL Common Stock 37247D106 5401 157000 SOLE NONE 105450 HESS CORPORATION Common Stock 42809H107 37513 636250 SOLE NONE 328100 JPMORGAN CHASE & CO Common Stock 46625H100 30364 626698 SOLE NONE 281000 KEYSPAN Common Stock 49337W100 5050 120300 SOLE NONE 81200 LABORATORY CORP AME Common Stock 50540R409 35997 459972 SOLE NONE 237250 METLIFE INC Common Stock 59156R108 26624 412900 SOLE NONE 183000 ORACLE SYSTEMS Common Stock 68389X105 15513 787070 SOLE NONE 343700 PMI GROUP INC Common Stock 69344M101 8376 187500 SOLE NONE 127800 PPL CORP Common Stock 69351T106 26638 569300 SOLE NONE 288100 QUEST DIAGNOSTICS I Common Stock 74834L100 443 8570 SOLE NONE 6350 SANDISK CORP Common Stock 80004C101 507 10350 SOLE NONE 7500 3M CO Common Stock 88579Y101 260 3000 SOLE NONE 0 UNITEDHEALTH GROUP Common Stock 91324P102 25307 494850 SOLE NONE 219800 VALERO ENERGY CORP Common Stock 91913Y100 510 6900 SOLE NONE 5100 VENOCO INC Common Stock 92275P307 1510 20000 SOLE NONE 0 VERIZON COMMUNICATI Common Stock 92343V104 24591 597300 SOLE NONE 262600 WELLPOINT HEALTH NE Common Stock 94973V107 563 7050 SOLE NONE 5200 XTO ENERGY INC Common Stock 98385X106 678 11275 SOLE NONE 7550 XCEL ENERGY Common Stock 98389B100 5479 267650 SOLE NONE 180450 ACCENTURE LTD-CL A Common Stock G1150G111 384 8945 SOLE NONE 6575 EVEREST RE GROUP LT Common Stock G3223R108 9577 88150 SOLE NONE 59600 GARMIN LTD Common Stock G37260109 632 8550 SOLE NONE 6350 GLOBALSANTAFE CORP Common Stock G3930E101 25442 352140 SOLE NONE 156190 INGERSOLL-RAND Common Stock G4776G101 48871 891480 SOLE NONE 450330 ONEBEACON INSURANCE Common Stock G67742109 238 9500 SOLE NONE 0 ROYAL CARRIBBEAN Common Stock V7780T103 8645 201150 SOLE NONE 136200