<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: December 31, 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, LLC
Address: 152 West 57th Street
New York, New York 10019
Form 13F File Number: 28-
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) 333-0109
Signature, Place, and Date of Signing:
/s/ Peter J. Cobos New York, New York 4/03/00
__________________ _______________ ______________
[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 her if no holdings reported are in
this report, and all holdings are reported by other
reporting manger(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-
[Repeat as necessary.]
2
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Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers:
Form 13F Information Table Entry Total: 165
Form 13F Information Table Value Total: 1,613,726
[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 None
1 28-3498 Mark Kingdon
[Repeat as necessary.]
3
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<TABLE>
Holdings of US Listed equities held as at 31st December 1999
<CAPTION>
KINGDON CAPITAL MANAGEMENT, LLC.
FORM 13F
DECEMBER 31, 1999
VOTING DISCRETION
OTHER
NAME OF ISSUER TITLE OF CUSIP MARKET SHARES SH/PRN PUT INVESTMENT MANAGERS SOLE SHARED NONE
CLASS VALUE PRN AMT /CALL DISCRETION
*1000
- -------------- -------- ------- ------ -------- ------- ------ ---------- -------- ---- ----- ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Adelphia Bus.
Solutions Common Stock 006847107 9,462,500.00 200,000 SHARED-OTHER 1 x
Ace Ltd. Common Stock G0070K103 16,687,500.00 1,000,000 SHARED-OTHER 1 x
Actuate Corp. Common Stock 00508B102 11,311,062.50 264,200 SHARED-OTHER 1 x
ADLAC Jan 55
Calls Calls 006848905 2,100,000.00 2,000 SHARED-OTHER 1 x
Alyn Corp. Common Stock 022611107 6,470,910.00 3,235,455 SHARED-OTHER 1 x
Advanced Micro Common Stock 007903107 14,468,750.00 500,000 SHARED-OTHER 1 x
Amgen Common Stock 031162100 3,000,000.00 50,000 SHARED-OTHER 1 x
AMR Corp. Common Stock 001765106 16,750,000.00 250,000 SHARED-OTHER 1 x
APAC Customer
Services Common Stock 00185E106 774,925.00 55,600 SHARED-OTHER 1 x
AppNet Systems
Inc. Common Stock 03831Q101 5,897,812.50 135,000 SHARED-OTHER 1 x
Aracruz Celulose
ADR Common Stock 038496204 9,187,500.00 350,000 SHARED-OTHER 1 x
Ariba Inc. Common Stock 04033V104 10,425,300.00 58,900 SHARED-OTHER 1 x
Atlantic Richfield Common Stock 048825103 51,900,000.00 600,000 SHARED-OTHER 1 x
AC Nielsen Corp. Common Stock 004833109 3,693,750.00 150,000 SHARED-OTHER 1 x
Art Tech. Group
Inc Common Stock 04289L107 24,191,625.00 186,000 SHARED-OTHER 1 x
ASM International Common Stock N07045102 3,935,156.25 172,500 SHARED-OTHER 1 x
Atmel Corp. Common Stock 049513104 5,925,000.00 200,000 SHARED-OTHER 1 x
Activision Inc. Common Stock 004930202 7,043,750.00 460,000 SHARED-OTHER 1 x
Axent Technologies Common Stock 05459C108 10,306,800.00 490,800 SHARED-OTHER 1 x
Alza Corp. Common Stock 022615108 6,925,000.00 200,000 SHARED-OTHER 1 x
Bally Total
Fitness Common Stock 05873K108 31,328,456.25 1,173,900 SHARED-OTHER 1 x
Birmingham Steel
Corp. Common Stock 091250100 292,187.50 55,000 SHARED-OTHER 1 x
BJS Wholesale Club Common Stock 05548J106 9,807,550.00 268,700 SHARED-OTHER 1 x
Broadwing Inc. Common Stock 111620100 8,112,500.00 220,000 SHARED-OTHER 1 x
BSQUARE Corp. Common Stock 11776U102 8,391,693.75 200,100 SHARED-OTHER 1 x
4
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Centras Eletricas
ADR Common Stock 15234Q108 1,095,067.00 100,000 SHARED-OTHER 1 x
Continental
Airlines Common Stock 210795308 7,432,812.50 167,500 SHARED-OTHER 1 x
Cendant Corp. Common Stock 151313103 13,281,250.00 500,000 SHARED-OTHER 1 x
Cadence Design Common Stock 127387108 13,800,000.00 575,000 SHARED-OTHER 1 x
CEC Entertainment Common Stock 125137109 9,887,500.00 350,000 SHARED-OTHER 1 x
Century Aluminum Common Stock 156431108 5,970,283.75 404,765 SHARED-OTHER 1 x
Atlas Air Inc. Common Stock 049164106 7,548,056.25 275,100 SHARED-OTHER 1 x
Champion Int'l. Common Stock 158525105 10,839,062.50 175,000 SHARED-OTHER 1 x
Computer Horizons
Corp. Common Stock 205908106 3,628,125.00 225,000 SHARED-OTHER 1 x
Calico Commerce Common Stock 129897104 5,231,100.00 98,700 SHARED-OTHER 1 x
Subtotal 357,102,986 13,349,220
Chemdex Corp. Common Stock 163595101 33,300.00 300 SHARED-OTHER 1 x
CNF Transportation Common Stock 12612W104 6,900,000.00 200,000 SHARED-OTHER 1 x
CK Witco Corp. Common Stock 12562C108 5,283,131.15 395,000 SHARED-OTHER 1 x
Capital One Finan. Common Stock 14040H105 4,052,568.75 84,100 SHARED-OTHER 1 x
Columbia Health Common Stock 197677107 11,725,000.00 400,000 SHARED-OTHER 1 x
Compaq Common Stock 204493100 16,237,500.00 600,000 SHARED-OTHER 1 x
Cabletron Systems Common Stock 126920107 13,000,000.00 500,000 SHARED-OTHER 1 x
Cemex ADR Common Stock 151290889 6,469,787.50 232,100 SHARED-OTHER 1 x
Delta Airlines Common Stock 247361108 17,733,250.00 356,000 SHARED-OTHER 1 x
Diebold Inc. Common Stock 253651103 3,066,750.00 130,500 SHARED-OTHER 1 x
Dow Chemical Common Stock 260543103 4,770,412.50 35,700 SHARED-OTHER 1 x
Amdocs Ltd. Common Stock G02602103 10,350,000.00 300,000 SHARED-OTHER 1 x
Devon Energy Corp. Common Stock 25179M103 12,821,250.00 390,000 SHARED-OTHER 1 x
Brinker Int'l. Common Stock 109641100 7,237,500.00 300,000 SHARED-OTHER 1 x
eBenX Inc. Common Stock 278668108 1,583,750.00 35,000 SHARED-OTHER 1 x
Efficient Networks
Inc Common Stock 282056100 13,600,000.00 200,000 SHARED-OTHER 1 x
E Trade Group Common Stock 269246104 2,610,893.75 99,700 SHARED-OTHER 1 x
Elcor Corp. Common Stock 284443108 4,542,850.00 150,800 SHARED-OTHER 1 x
Eastman Chemical Common Stock 277432100 3,576,562.50 75,000 SHARED-OTHER 1 x
Engery BioSystems Common Stock 29265L706 2,000,000.00 1,000,000 SHARED-OTHER 1 x
Euro909.com ADR Common Stock 298737107 2,737,500.00 100,000 SHARED-OTHER 1 x
ESS Tech. Inc. Common Stock 269151106 12,022,725.00 543,400 SHARED-OTHER 1 x
IXNet Inc Common Stock 46601C109 15,031,250.00 500,000 SHARED-OTHER 1 x
Extreme Networks Common Stock 30226D106 17,479,890.00 209,340 SHARED-OTHER 1 x
Ford Motor Co. Common Stock 345370100 19,459,062.50 365,000 SHARED-OTHER 1 x
Fairchild
Semiconductor Common Stock 303726103 6,000,000.00 200,000 SHARED-OTHER 1 x
FEI Company Common Stock 30241L109 2,600,987.50 165,800 SHARED-OTHER 1 x
Flowers Industries Common Stock 343496105 8,679,562.50 544,600 SHARED-OTHER 1 x
FreeShop.com Common Stock 356873109 15,260,900.00 324,700 SHARED-OTHER 1 x
Gannett Inc. Common Stock 364730101 8,131,781.25 99,700 SHARED-OTHER 1 x
Getty Images Inc. Common Stock 374276103 6,816,993.75 139,300 SHARED-OTHER 1 x
Georgia Gulf Corp. Common Stock 373200203 9,389,968.75 308,500 SHARED-OTHER 1 x
Genus Inc. Common Stock 372461103 2,340,000.00 520,000 SHARED-OTHER 1 x
Gap Stores Common Stock 364760108 2,300,000.00 50,000 SHARED-OTHER 1 x
Goldman Sachs Common Stock 38141G104 47,093,750.00 500,000 SHARED-OTHER 1 x
5
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Subtotal 322,938,877 10,054,540
Global TeleSys.
Group Common Stock 37936U104 14,768,750.00 425,000 SHARED-OTHER 1 x
Gymboree Corp. Common Stock 403777105 3,227,625.00 573,800 SHARED-OTHER 1 x
Human Genome
Science Common Stock 444903108 1,265,750.00 8,300 SHARED-OTHER 1 x
ITT Hartford Group Common Stock 416515104 9,787,675.00 206,600 SHARED-OTHER 1 x
Homestake Mining
Co. Common Stock 437614100 5,468,750.00 700,000 SHARED-OTHER 1 x
Health Mgmt. Sys. Common Stock 42219M100 2,896,875.00 450,000 SHARED-OTHER 1 x
Honeywell Common Stock 438516106 8,681,968.75 150,500 SHARED-OTHER 1 x
Starwood Hotels Common Stock 85590A203 23,500,000.00 1,000,000 SHARED-OTHER 1 x
Hussmann Intl. Common Stock 448110106 6,778,125.00 450,000 SHARED-OTHER 1 x
ILEX Oncology Inc. Common Stock 451923106 6,950,412.50 288,100 SHARED-OTHER 1 x
Inamed Corp. Common Stock 453235103 5,092,500.00 116,400 SHARED-OTHER 1 x
Impala Platinum
ADR Common Stock 452553209 6,899,438.25 170,200 SHARED-OTHER 1 x
Infonet Services Common Stock 45666T106 16,406,250.00 625,000 SHARED-OTHER 1 x
Infospace.Com Common Stock 45678T102 11,723,775.00 54,800 SHARED-OTHER 1 x
Impax Laboratories Common Stock 45256B101 8,705,887.25 1,882,354 SHARED-OTHER 1 x
InSiteVision Common Stock 457660108 1,716,000.00 624,000 SHARED-OTHER 1 x
Jazztel Common Stock 47214R152 4,363,375.00 67,000 SHARED-OTHER 1 x
Jones Intercable Common Stock 480206200 17,793,750.00 260,000 SHARED-OTHER 1 x
KLM Royal Dutch
Airlines Common Stock 482516309 1,246,875.00 50,000 SHARED-OTHER 1 x
Kushner-Locke Co. Common Stock 501337406 1,737,500.00 400,000 SHARED-OTHER 1 x
KOPN Mar 37.5 Puts Puts 500600951 271,250.00 700 SHARED-OTHER 1 x
MBNA Corp Common Stock 55262L100 7,493,750.00 275,000 SHARED-OTHER 1 x
LaBranche & Co.
Inc. Common Stock 505447102 2,550,000.00 200,000 SHARED-OTHER 1 x
Lycos Inc. Common Stock 550818108 15,912,500.00 200,000 SHARED-OTHER 1 x
LifeF/X Units Common Stock 53218N106 11,057,500.00 1,000,000 SHARED-OTHER 1 x
Liposome Common Stock 536310105 4,850,000.00 400,000 SHARED-OTHER 1 x
Laser Mortgage Common Stock 51806D100 6,571,500.00 1,617,600 SHARED-OTHER 1 x
Liquid Audio Inc Common Stock 53631T102 5,957,150.00 226,400 SHARED-OTHER 1 x
Southwest Airlines Common Stock 844741108 8,062,500.00 500,000 SHARED-OTHER 1 x
Lynx Therapeutics Common Stock 551812308 1,760,000.00 55,000 SHARED-OTHER 1 x
MBIA Inc. Common Stock 55262C100 6,601,562.50 125,000 SHARED-OTHER 1 x
Millennium
Chemicals Inc Common Stock 599903101 5,310,775.00 268,900 SHARED-OTHER 1 x
MessageMedia Inc Common Stock 590787107 3,732,932.74 265,453 SHARED-OTHER 1 x
Methode Elec.
Inc. Common Stock 591520200 20,771,200.00 649,100 SHARED-OTHER 1 x
Modis Prof.
Services Common Stock 607830106 7,239,000.00 508,000 SHARED-OTHER 1 x
Subtotal 267,152,902 14,793,207
Maxtor Corp Common Stock 577729205 8,676,937.50 1,202,000 SHARED-OTHER 1 x
Netegrity Inc. Common Stock 64110P107 12,443,827.27 242,836 SHARED-OTHER 1 x
NN Jan 20 Calls Calls 650901901 375,000.00 1,000 SHARED-OTHER 1 x
6
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Nat'l
Semiconductor Common Stock 637640103 10,703,125.00 250,000 SHARED-OTHER 1 x
NextCard Inc Common Stock 65332K107 5,775,000.00 200,000 SHARED-OTHER 1 x
Olin Corp. Common Stock 680665205 5,012,562.50 253,000 SHARED-OTHER 1 x
Outback
Steakhouse Inc. Common Stock 689899102 7,132,812.50 275,000 SHARED-OTHER 1 x
Pairgain Tech. Common Stock 695934109 4,256,250.00 300,000 SHARED-OTHER 1 x
Priceline.com Inc Common Stock 741503106 7,395,750.00 155,700 SHARED-OTHER 1 x
P-Com Inc. Common Stock 693262107 11,723,268.75 1,330,300 SHARED-OTHER 1 x
Sprint Corp PCS Common Stock 852061506 10,250,000.00 100,000 SHARED-OTHER 1 x
Progressive Corp. Common Stock 743315103 7,312,500.00 100,000 SHARED-OTHER 1 x
Phone.com Inc. Common Stock 71920Q100 29,109,375.00 250,000 SHARED-OTHER 1 x
Premier Parks Common Stock 740540208 5,775,000.00 200,000 SHARED-OTHER 1 x
Photronics Inc. Common Stock 719405102 5,098,406.25 178,500 SHARED-OTHER 1 x
Park Place Ent. Common Stock 700690100 6,250,000.00 500,000 SHARED-OTHER 1 x
Psinet Common Stock 74437C101 30,956,362.50 499,800 SHARED-OTHER 1 x
Physician Sales Common Stock 69366A100 6,843,750.00 730,000 SHARED-OTHER 1 x
Partner Comm. Common Stock 70211M109 8,849,250.00 342,000 SHARED-OTHER 1 x
Power-One Inc. Common Stock 739308104 9,698,625.00 209,700 SHARED-OTHER 1 x
Qwest Comm. Intl. Common Stock 749121109 12,881,250.00 300,000 SHARED-OTHER 1 x
QLogic Corp. Common Stock 747277101 10,615,700.00 66,400 SHARED-OTHER 1 x
QLT Photothera.
ADR Common Stock 746927102 7,050,000.00 120,000 SHARED-OTHER 1 x
Reynolds &
Reynolds Common Stock 761695105 8,651,250.00 384,500 SHARED-OTHER 1 x
Reynolds Metals Common Stock 761763101 49,806,250.00 650,000 SHARED-OTHER 1 x
RIMM Jan 40 Puts Puts 760975952 271,875.00 870 SHARED-OTHER 1 x
Sangstat Medical Common Stock 801003104 12,355,937.50 416,200 SHARED-OTHER 1 x
Symbol Tech. Common Stock 871508107 12,750,000.00 200,000 SHARED-OTHER 1 x
Stolt Comex Seaway Common Stock L8873E103 8,316,000.00 756,000 SHARED-OTHER 1 x
Santa Fe Inter.
Corp. Common Stock G7805C108 12,937,500.00 500,000 SHARED-OTHER 1 x
Santa Fe Snyder
Corp. Common Stock 80218K105 7,260,000.00 907,500 SHARED-OTHER 1 x
Schering Plough Common Stock 806605101 6,356,250.00 150,000 SHARED-OTHER 1 x
SK Telecom ADR Common Stock 78440P108 23,025,000.00 600,000 SHARED-OTHER 1 x
Skywest Inc. Common Stock 830879102 2,100,000.00 75,000 SHARED-OTHER 1 x
Solutia Inc. Common Stock 834376105 1,543,750.00 100,000 SHARED-OTHER 1 x
Subtotal 369,558,565 12,546,306
Spectrian Corp Common Stock 847608106 9,078,750.00 322,800 SHARED-OTHER 1 x
Splash Tech.
Holdings Common Stock 848623104 2,599,687.50 295,000 SHARED-OTHER 1 x
Sappi Ltd ADR Common Stock 803069202 539,962.50 56,100 SHARED-OTHER 1 x
SciQuest.com Common Stock 80908Q107 23,946,454.34 401,618 SHARED-OTHER 1 x
US SEARCH.com Inc. Common Stock 903404101 2,481,937.50 325,500 SHARED-OTHER 1 x
ARV Assisted
Living Common Stock 00204C107 1,157,550.00 771,700 SHARED-OTHER 1 x
Smurfit Stone Common Stock 832727101 16,837,437.50 689,000 SHARED-OTHER 1 x
Sovereign Bancorp Common Stock 845905108 1,604,934.37 216,700 SHARED-OTHER 1 x
24-7 Media Inc Common Stock 901314104 28,000,000.00 500,000 SHARED-OTHER 1 x
Teltrend Inc. Common Stock 87969R106 9,030,000.00 301,000 SHARED-OTHER 1 x
7
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Tele Norte Leste
Celular Common Stock 879246106 8,925,000.00 350,000 SHARED-OTHER 1 x
Tosco Corp. Common Stock 891490302 8,156,250.00 300,000 SHARED-OTHER 1 x
Telesp Part. Common Stock 87929A102 10,996,875.00 450,000 SHARED-OTHER 1 x
UAL Corp. Common Stock 902549500 7,857,081.25 101,300 SHARED-OTHER 1 x
UnitedGlobal
Com 'A' Class A 913247508 22,480,000.00 320,000 SHARED-OTHER 1 x
Union Carbide Common Stock 905581104 35,377,500.00 530,000 SHARED-OTHER 1 x
Visible Genetics
Inc. Common Stock 92829S104 10,404,650.00 357,700 SHARED-OTHER 1 x
Seagram Co. Ltd. Common Stock 811850106 6,712,500.00 150,000 SHARED-OTHER 1 x
Vastar Resources Common Stock 922380100 10,714,400.00 181,600 SHARED-OTHER 1 x
Verio Inc Common Stock 923433106 9,237,500.00 200,000 SHARED-OTHER 1 x
Warner Lambert Common Stock 934488107 8,193,750.00 100,000 SHARED-OTHER 1 x
Westell Tech. Inc. Common Stock 957541105 531,250.00 50,000 SHARED-OTHER 1 x
XL Capital Ltd. Common Stock G98255105 22,565,625.00 435,000 SHARED-OTHER 1 x
Exxon Mobil Corp. Common Stock 30231G102 32,225,000.00 400,000 SHARED-OTHER 1 x
Zi Corp Common Stock 988918108 7,318,075.00 349,520 SHARED-OTHER 1 x
Grand Total 1,613,725,500 58,897,811
296,972,169.96 8,154,538
1,613,725,499.87 58,897,811
</TABLE>
8
48400002.AQ0
