<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 1999
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: Kingdon Capital Management, L.L.C.
Address: 152 West 57th Street
New York, New York 10019
Form 13F File Number: 28-3496
The institutional investment manager filing this report and the
person by whom it is signed hereby represent that the person
signing the 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, and tables, are considered integral parts of
this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Peter J. Cobos
Title: Chief Financial Officer
Phone: (212) 333-0100
Signature, Place, and Date of Signing:
/s/ Peter J. Cobos New York, New York August 13, 1999
_______________________ ___________________ _______________
[Signature] [City, State] [Date]
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Report Type (Check only one.):
[X ] 13F HOLDINGS REPORT. (Check here if all holdings of
this reporting manager are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in
this report, and all holdings are reported by other
reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the
holdings for this reporting manager are reported in this
report and a portion are reported by other reporting
manager(s).)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name
28-
2
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Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 176
Form 13F Information Table Value Total: $1,691,840
[thousands]
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file
number(s) of all institutional investment managers with respect
to which this report is filed, other than the manager filing this
report.
[If there are no entries in this list, state "NONE" and omit the
column headings and list entries.]
No. Form 13F File Number Name
1 28-3498 Mark Kingdon
3
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<TABLE>
Form 13F INFORMATION TABLE
<CAPTION>
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
TITLE SHRS OR SH/ PUT/ INVESTMENT OTHR VOTING AUTHORITY
NAME OF ISSUER OF CLASS CUSIP VALUE PRN AMT PRN CALL DISCRETION MGRS SOLE SHARED NONE
- ------------------- --------- --------- ------------ ----------- ---- ---- ----------- ---- -------- ------ ----
<C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Aluminum Co. Common Stock 01381710 24,750,000.00 400,000 X Shared-Other 1 400,000
American Bankers Ins. Common Stock 02445610 27,763,125.00 510,000 X Shared-Other 1 510,000
Ace Ltd. Common Stock G0070K10 18,560,250.00 657,000 X Shared-Other 1 657,000
ADC Telecomm. Common Stock 00088610 501,187.00 11,000 X Shared-Other 1 11,000
Advance Paradigm Common Stock 00749110 5,121,250.00 85,000 X Shared-Other 1 85,000
AMFM Inc Common Stock 00169310 6,882,812.00 125,000 X Shared-Other 1 125,000
Allergan Inc. Common Stock 01849010 5,550,000.00 50,000 X Shared-Other 1 50,000
American Int'l Common Stock 02687410 11,725,000.00 100,000 X Shared-Other 1 100,000
Alyn Corp. Common Stock 02261110 9,706,365.00 3,235,455 X Shared-Other 1 3,235,455
Amgen Common Stock 03116210 4,560,937.00 75,000 X Shared-Other 1 75,000
AON Corp Common Stock 03738910 5,816,250.00 141,000 X Shared-Other 1 141,000
Apache Corp. Common Stock 03741110 13,650,000.00 350,000 X Shared-Other 1 350,000
AppNet Systems Inc. Common Stock 03831Q10 5,710,937.00 425,000 X Shared-Other 1 425,000
Atlantic Richfield Common Stock 04882510 35,514,062.00 425,000 X Shared-Other 1 425,000
Alza Corp. Common Stock 02261510 12,718,750.00 250,000 X Shared-Other 1 250,000
Baxter Int'l. Common Stock 07181310 5,153,125.00 85,000 X Shared-Other 1 85,000
Black and Decker Common Stock 09179710 17,611,875.00 279,000 X Shared-Other 1 279,000
Browning Ferris
Industrie Common Stock 11588510 4,816,000.00 112,000 X Shared-Other 1 112,000
Bally Total Fitness Common Stock 05873K10 33,445,612.00 1,178,700 X Shared-Other 1 1,178,700
Biogen Common Stock 09059710 2,572,500.00 40,000 X Shared-Other 1 40,000
Big Flower Press Common Stock 08915910 2,652,000.00 83,200 X Shared-Other 1 83,200
Bausch and Lomb Common Stock 07170710 5,737,500.00 75,000 X Shared-Other 1 75,000
Bowater Common Stock 10218310 11,843,750.00 250,000 X Shared-Other 1 250,000
Embratel Part. Common Stock 29081N10 6,590,625.00 475,000 X Shared-Other 1 475,000
Telecom Brasilerias Common Stock 87928730 9,000,000.00 100,000 X Shared-Other 1 100,000
Broadvision Inc. Common Stock 11141210 14,750,000.00 200,000 X Shared-Other 1 200,000
NOVA Chemicals Corp Common Stock 66977W10 17,589,575.00 745,900 X Shared-Other 1 745,900
Talisman Energy Common Stock 87425E10 8,976,348.00 327,900 X Shared-Other 1 327,900
Cardinal Health Common Stock 14149Y10 4,809,375.00 75,000 X Shared-Other 1 75,000
Caterpillar Common Stock 14912310 6,000,000.00 100,000 X Shared-Other 1 100,000
Comdisco Inc Common Stock 20033610 36,664,250.00 1,430,800 X Shared-Other 1 1,430,800
Concord EFS Inc Common Stock 20619710 10,578,125.00 250,000 X Shared-Other 1 250,000
Corporate Express Common Stock 21988810 6,968,750.00 1,000,000 X Shared-Other 1 1,000,000
Commercial Federal
Corp Common Stock 20164710 5,054,875.00 218,000 X Shared-Other 1 218,000
Columbia Energy Common Stock 19764810 6,268,750.00 100,000 X Shared-Other 1 100,000
CG Aug 65 Puts Puts 19764895 78,125.00 250 X Shared-Other 1 250
Chase Manhattan Common Stock 16161A10 21,625,000.00 250,000 X Shared-Other 1 250,000
Concentric Network Common Stock 20589R10 5,595,937.00 141,000 X Shared-Other 1 141,000
Columbia Health Common Stock 19767710 9,125,000.00 400,000 X Shared-Other 1 400,000
4
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Covad Communications Common Stock 22281420 10,383,750.00 195,000 X Shared-Other 1 195,000
Conceptus Corp. Common Stock 20601610 462,962.00 400,400 X Shared-Other 1 400,400
CyberSource Corp Common Stock 23251J10 146,250.00 10,000 X Shared-Other 1 10,000
Cytec Industries Common Stock 23282010 11,025,000.00 350,000 X Shared-Other 1 350,000
DoubleClick Inc Common Stock 25860930 7,314,510.00 79,940 X Shared-Other 1 79,940
Dayton Hudson Common Stock 23975310 21,125,000.00 325,000 X Shared-Other 1 325,000
Donaldson Lufkin Common Stock 25766110 8,802,525.00 146,100 X Shared-Other 1 146,100
Dime Bancorp. Inc. Common Stock 25429Q10 4,570,387.00 227,100 X Shared-Other 1 227,100
Diamond Offshore Common Stock 25271C10 17,025,000.00 600,000 X Shared-Other 1 600,000
DSP Group Common Stock 23332B10 12,322,969.00 342,900 X Shared-Other 1 342,900
Engelhard Corp Common Stock 29284510 7,059,000.00 312,000 X Shared-Other 1 312,000
El Paso Electric Common Stock 28367785 7,202,731.00 805,900 X Shared-Other 1 805,900
E-loan Inc Common Stock 26861P10 288,750.00 7,500 X Shared-Other 1 7,500
Electronics For
Imaging Common Stock 28608210 3,467,812.00 67,500 X Shared-Other 1 67,500
Earthgrains Co. Common Stock 27031910 5,162,500.00 200,000 X Shared-Other 1 200,000
Elan Corp. PLC Common Stock 28413120 11,100,000.00 400,000 X Shared-Other 1 400,000
Eastman Chemical Common Stock 27743210 7,245,000.00 140,000 X Shared-Other 1 140,000
Enron Oil & Gas Common Stock 29356210 17,212,500.00 850,000 X Shared-Other 1 850,000
ENSCO Intl. Common Stock 26874Q10 6,998,062.00 351,000 X Shared-Other 1 351,000
Exodus Comm. Common Stock 30208810 18,104,925.00 150,953 X Shared-Other 1 150,953
Furniture Brands Common Stock 36092110 6,837,737.00 245,300 X Shared-Other 1 245,300
Federal Express Common Stock 31304N10 8,137,500.00 150,000 X Shared-Other 1 150,000
Flowers Industries Common Stock 34349610 5,421,875.00 250,000 X Shared-Other 1 250,000
Fremont General Common Stock 35728810 2,831,250.00 150,000 X Shared-Other 1 150,000
Freddie Mac Common Stock 31340030 11,600,000.00 200,000 X Shared-Other 1 200,000
Galileo Tech. Common Stock M4729810 761,250.00 16,800 X Shared-Other 1 16,800
Cadbury Schweppes ADR Common Stock 12720930 4,699,312.00 176,500 X Shared-Other 1 176,500
Glaxo Wellcome ADR Common Stock 37733W10 9,201,562.00 162,500 X Shared-Other 1 162,500
Gaylord Containers Common Stock 36814510 3,175,000.00 400,000 X Shared-Other 1 400,000
Getty Images Inc Common Stock 37427610 2,197,050.00 116,400 X Shared-Other 1 116,400
Gap Stores Common Stock 36476010 18,890,625.00 375,000 X Shared-Other 1 375,000
Goldman Sachs Common Stock 38141G10 36,125,000.00 500,000 X Shared-Other 1 500,000
GST Telecommunications Common Stock 36194210 3,938,812.00 300,100 X Shared-Other 1 300,100
Global Telesystems Common Stock 37936U10 16,543,625.00 204,400 X Shared-Other 1 204,400
Hasbro Common Stock 41805610 13,968,750.00 500,000 X Shared-Other 1 500,000
Home Depot Common Stock 43707610 21,103,281.00 327,500 X Shared-Other 1 327,500
HEICO Corp Class A Class A 42280620 4,200,000.00 175,000 X Shared-Other 1 175,000
Health Managment Sys. Common Stock 42219M10 2,446,875.00 450,000 X Shared-Other 1 450,000
High Speed Access Corp Common Stock 42979U10 1,281,250.00 50,000 X Shared-Other 1 50,000
Hussmann Intl. Common Stock 44811010 7,453,125.00 450,000 X Shared-Other 1 450,000
Interstate Bakeries Common Stock 46072H10 3,365,625.00 150,000 X Shared-Other 1 150,000
Intimate Brands Inc. Common Stock 46115610 5,921,875.00 125,000 X Shared-Other 1 125,000
ICG Comm. Common Stock 44924610 8,550,000.00 400,000 X Shared-Other 1 400,000
Intermedia Comm. Common Stock 45880110 6,586,250.00 220,000 X Shared-Other 1 220,000
Asia Pulp Paper ADR Common Stock 04516V10 3,368,750.00 350,000 X Shared-Other 1 350,000
IDX Systems Corp Common Stock 44949110 4,500,000.00 200,000 X Shared-Other 1 200,000
International Home
Food Common Stock 45965510 3,687,500.00 200,000 X Shared-Other 1 200,000
Immunex Corp Common Stock 45252810 19,115,625.00 150,000 X Shared-Other 1 150,000
InSiteVision Common Stock 45766010 1,209,000.00 624,000 X Shared-Other 1 624,000
5
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I 2 Tech. Common Stock 46575410 3,182,000.00 74,000 X Shared-Other 1 74,000
Jones Apparel Inc. Common Stock 48007410 19,043,437.00 555,000 X Shared-Other 1 555,000
Jones Intercable Common Stock 48020620 11,882,500.00 242,500 X Shared-Other 1 242,500
Kellstrom Common Stock 48803510 1,474,600.00 80,800 X Shared-Other 1 80,800
Kushner-Locke Co. Common Stock 50133740 2,188,752.00 400,000 X Shared-Other 1 400,000
KN Energy Inc. Common Stock 48262010 3,985,750.00 298,000 X Shared-Other 1 298,000
KEPCO ADR Common Stock 50063110 19,270,000.00 940,000 X Shared-Other 1 940,000
Korea Telecom Corp.ADR Common Stock 50063P10 17,345,440.00 433,636 X Shared-Other 1 433,636
Pohang Iron&Steel ADR Common Stock 73045010 2,262,825.00 67,800 X Shared-Other 1 67,800
Laser Mortgage Common Stock 51806D10 5,593,156.00 1,627,100 X Shared-Other 1 1,627,100
Level 3 Comm. Common Stock 52729N10 7,712,025.00 128,400 X Shared-Other 1 128,400
Lyondell Common Stock 55207810 7,631,250.00 370,000 X Shared-Other 1 370,000
McLeod Inc. Common Stock 58226610 8,250,000.00 150,000 X Shared-Other 1 150,000
Millicom Intl.
Cellular S Common Stock L6388F10 1,797,787.00 57,300 X Shared-Other 1 57,300
Mobil Common Stock 60705910 54,312,500.00 550,000 X Shared-Other 1 550,000
Molex Common Stock 60855410 7,411,875.00 201,000 X Shared-Other 1 201,000
Marine Drilling Comp. Common Stock 56824020 15,041,194.00 1,098,900 X Shared-Other 1 1,098,900
Cemex 'B' ADR Common Stock 15129020 4,994,650.00 500,000 X Shared-Other 1 500,000
Maytag Common Stock 57859210 10,471,875.00 150,000 X Shared-Other 1 150,000
Mylan Labs Common Stock 62853010 7,287,500.00 275,000 X Shared-Other 1 275,000
Noble Drilling Common Stock 65504210 11,812,500.00 600,000 X Shared-Other 1 600,000
Newbridge Network Common Stock 65090110 12,218,750.00 425,000 X Shared-Other 1 425,000
National Oilwell Inc. Common Stock 63707110 5,695,200.00 406,800 X Shared-Other 1 406,800
Novell Common Stock 67000610 9,632,750.00 363,500 X Shared-Other 1 363,500
Nat'l Semiconductor Common Stock 63764010 16,453,125.00 650,000 X Shared-Other 1 650,000
News Corp. ADR Common Stock 65248770 5,296,875.00 150,000 X Shared-Other 1 150,000
Banc One Corp Common Stock 06423A10 17,868,750.00 300,000 X Shared-Other 1 300,000
Outdoor Systems Common Stock 69005710 3,650,000.00 100,000 X Shared-Other 1 100,000
O Sullivan Industries Common Stock 68860910 3,427,200.00 201,600 X Shared-Other 1 201,600
Pairgain Tech. Common Stock 69593410 7,164,500.00 623,000 X Shared-Other 1 623,000
Priceline.com Inc Common Stock 74150310 9,320,850.00 80,700 X Shared-Other 1 80,700
P-Com Inc. Common Stock 69326210 5,380,009.00 1,030,900 X Shared-Other 1 1,030,900
Phelps Dodge Corp. Common Stock 71726510 7,934,194.00 128,100 X Shared-Other 1 128,100
Pfizer Inc. Common Stock 71708110 10,900,000.00 100,000 X Shared-Other 1 100,000
Phone.com Inc Common Stock 71920Q10 8,646,400.00 154,400 X Shared-Other 1 154,400
Phycor Common Stock 71940F10 5,162,500.00 700,000 X Shared-Other 1 700,000
Premier Parks Common Stock 74054020 14,718,375.00 400,500 X Shared-Other 1 400,500
Parametric Tech. Common Stock 69917310 14,707,500.00 1,060,000 X Shared-Other 1 1,060,000
Park Place Ent. Common Stock 70069010 11,475,000.00 1,200,000 X Shared-Other 1 1,200,000
Polaroid Corp Common Stock 73109510 9,625,000.00 350,000 X Shared-Other 1 350,000
Psinet Common Stock 74437C10 8,960,306.00 205,100 X Shared-Other 1 205,100
Physician Sales Common Stock 69366A10 11,125,000.00 1,000,000 X Shared-Other 1 1,000,000
Providian Corp. Common Stock 74406A10 14,686,875.00 157,500 X Shared-Other 1 157,500
Praxair Common Stock 74005P10 8,588,531.00 175,500 X Shared-Other 1 175,500
PXRE Corp. Common Stock 69367410 1,812,500.00 100,000 X Shared-Other 1 100,000
PennzEnergy Co. Common Stock 70931Q10 5,526,150.00 332,400 X Shared-Other 1 332,400
Ralston Purina Common Stock 75127730 9,131,250.00 300,000 X Shared-Other 1 300,000
Reynolds Metals Common Stock 76176310 26,550,000.00 450,000 X Shared-Other 1 450,000
Raytheon Co Class B Class B 75511140 4,582,500.00 65,000 X Shared-Other 1 65,000
IMS Health Inc. Common Stock 44993410 6,250,000.00 200,000 X Shared-Other 1 200,000
6
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Raychem Corp Common Stock 75460310 851,000.00 23,000 X Shared-Other 1 23,000
Saville Systems Common Stock 80517410 6,656,950.00 459,100 X Shared-Other 1 459,100
Sinclair Broadcast Common Stock 82922610 3,250,000.00 200,000 X Shared-Other 1 200,000
Symbol Technologies Common Stock 87150810 24,337,500.00 660,000 X Shared-Other 1 660,000
Stolt Comex Seaway Common Stock L8873E10 4,233,094.00 391,500 X Shared-Other 1 391,500
Serologicals Corp Common Stock 81752310 2,641,437.00 325,100 X Shared-Other 1 325,100
SFX Entertainment Common Stock 78417810 3,200,000.00 50,000 X Shared-Other 1 50,000
Silicon Graphics Common Stock 82705610 6,550,000.00 400,000 X Shared-Other 1 400,000
Shopko Stores Inc. Common Stock 82491110 13,307,900.00 364,600 X Shared-Other 1 364,600
Saks Inc Common Stock 79377W10 7,247,625.00 251,000 X Shared-Other 1 251,000
Schlumberger Common Stock 80685710 12,737,500.00 200,000 X Shared-Other 1 200,000
SLI Inc Common Stock 78442T10 6,750,000.00 250,000 X Shared-Other 1 250,000
Spectrian Corp Common Stock 84760810 5,075,000.00 350,000 X Shared-Other 1 350,000
SPX Corp Common Stock 78463510 8,408,450.00 100,700 X Shared-Other 1 100,700
Sequent Computer
Systems Common Stock 81733810 11,054,687.00 625,000 X Shared-Other 1 625,000
US SEARCH.com Inc Common Stock 90340410 1,753,125.00 220,000 X Shared-Other 1 220,000
ARV Assisted Living Common Stock 00204C10 3,086,800.00 771,700 X Shared-Other 1 771,700
Smurfit Stone Common Stock 83272710 8,200,000.00 400,000 X Shared-Other 1 400,000
St.Jude Medical Common Stock 79084910 10,687,500.00 300,000 X Shared-Other 1 300,000
Stillwater Mining Common Stock 86074Q10 13,133,250.00 404,100 X Shared-Other 1 404,100
Safeway Common Stock 78651420 6,484,500.00 131,000 X Shared-Other 1 131,000
Stryker Corp Common Stock 86366710 3,006,250.00 50,000 X Shared-Other 1 50,000
Transamerica Corp. Common Stock 89348510 8,250,000.00 110,000 X Shared-Other 1 110,000
TJX Co. Common Stock 87254010 11,659,375.00 350,000 X Shared-Other 1 350,000
Tom Brown Inc. Common Stock 11566020 2,712,500.00 175,000 X Shared-Other 1 175,000
Thermo Electron Corp Common Stock 88355610 5,015,625.00 250,000 X Shared-Other 1 250,000
Topps Company Inc. Common Stock 89078610 5,752,187.00 790,000 X Shared-Other 1 790,000
Tosco Corp Common Stock 89149030 6,691,875.00 258,000 X Shared-Other 1 258,000
Total Renal Care Common Stock 89151A10 22,954,687.00 1,475,000 X Shared-Other 1 1,475,000
Union Carbide Common Stock 90558110 24,218,750.00 500,000 X Shared-Other 1 500,000
Union Pacific Corp. Common Stock 90781810 17,493,750.00 300,000 X Shared-Other 1 300,000
Union Pacific Res. Common Stock 90783410 6,944,231.00 425,700 X Shared-Other 1 425,700
Visible Genetics Inc. Common Stock 92829S10 4,241,800.00 267,200 X Shared-Other 1 267,200
Witco Corp. Common Stock 97738510 14,818,425.00 750,300 X Shared-Other 1 750,300
Wellpoint Health Common Stock 94973H10 14,428,750.00 170,000 X Shared-Other 1 170,000
XL Capital Ltd. Common Stock G9825510 10,418,600.00 184,400 X Shared-Other 1 184,400
Tricon Global
Resturants Common Stock 89595310 10,013,125.00 185,000 X Shared-Other 1 185,000
Impala Platinum ADR Common Stock 45255320 7,956,238.00 315,000 X Shared-Other 1 315,000
Grand Total 1,691,840,351
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48400002.AO0
