We present a holographic model of semantic memory. In the model, the strength of words in memory changes whenever subjects study or report words. We use the interaction of studied material with semantic memory as a control mechanism for recall in immediate memory tasks. When applied to free-recall experiments, the model captures accuracy, order of report and the frequency of intrusions. It also captures classic results from variations of the free-recall paradigm, including the list-strength effect and part-list cueing.