UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
THIS FILING LISTS SECURITIES HOLDINGS REPORTED ON THE FORM 13F
FILED ON MAY 12, 1998 PURSUANT TO A REQUEST FOR CONFIDENTIAL
TREATMENT FOR WHICH CONFIDENTIAL TREATMENT EXPIRED ON MAY 17,
1999.
Report for the Calendar Quarter ended: 3/31/98
Check here if Amendment X; Amendment Number: 1
This Amendment (check only one.): is a restatement.
X - adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: HBK INVESTMENTS L.P.
Address: 300 CRESCENT COURT, SUITE 700
DALLAS, TEXAS 75201
Form 13F File Number: 28-6078
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 Report Manager:
Name: H. Michael Reese
Title: Chief Financial Officer
Phone: (214) 758-6160
Signature, Place, and Date of Signing:
/X/ H. Michael Reese Dallas, Texas May 21, 1999
Report Type (Check only one.):
X 13F HOLDINGS REPORT.
13F NOTICE.
13F COMBINATION REPORT.
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 28
Form 13F Information Table Value Total: $270,068 (thousands)
List of Other Included Managers: NONE
<PAGE>
<TABLE>
FORM 13F INFORMATION TABLE
<CAPTION>
TITLE OF VALUE SHARES/ SH/ PUT/ INVSTMNT OTHER VOTING AUTHORITY
NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETN MANAGERS SOLE SHARED NONE
- ---------------------- ----- ----- -------- ------- --- ---- -------- -------- ---- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Abercrombie and Fitch Co. CL A 002896207 656 15,600 SH SOLE 15,600 0 0
Bowater Inc. COM 102183950 4,029 71,400 SH PUT SOLE 71,400 0 0
Central & Southwest Corp COM 152357109 21,889 818,300 SH SOLE 818,300 0 0
Corecomm Inc. COM 21868N106 3,768 225,000 SH SOLE 225,000 0 0
Culligan Wtr Technologies Inc. COM 230029100 15,140 254,200 SH SOLE 254,200 0 0
Ditigal Equip Corp COM 253849103 26,156 500,000 SH SOLE 500,000 0 0
Echlin Inc COM 278749106 10,487 200,000 SH SOLE 200,000 0 0
Freeport-McMoran Sulphur Inc. COM 35671R104 179 12,400 SH SOLE 12,400 0 0
Genentech Inc COM SPL 368710307 17,123 243,100 SH SOLE 243,100 0 0
General Mtrs Corp CL H NEW 370442832 14,045 310,400 SH SOLE 310,400 0 0
Grace W R & Co Del COM 383911104 20,277 242,300 SH SOLE 242,300 0 0
Kansas City Pwr & Light Co COM 485134100 6,170 195,900 SH SOLE 195,900 0 0
LCI Intl Inc COM 501813109 9,625 250,000 SH SOLE 250,000 0 0
Ligand Pharmaceuticals Inc. WT B EX 53220K116 206 21,000 SH SOLE 21,000 0 0
Limited Inc COM 532716107 13,239 461,500 SH SOLE 461,500 0 0
Little Switz Inc. COM 537528101 3,149 408,000 SH SOLE 408,000 0 0
MCI Communications Corp COM 552673105 4,953 100,000 SH SOLE 100,000 0 0
MCI Communications Corp COM 552673905 4,953 100,000 SH CALL SOLE 100,000 0 0
Noel Group Inc. COM 655260107 4,218 1,597,500 SH SOLE 1,597,500 0 0
Northrop Grumman Corp COM 666807102 10,743 100,000 SH SOLE 100,000 0 0
Phycor Inc. COM 71940F950 225 10,000 SH PUT SOLE 10,000 0 0
Qwest Communications Intl Inc COM 749121109 4,283 110,000 SH SOLE 110,000 0 0
Raytheon Co CL A 755111309 12,603 219,199 SH SOLE 219,199 0 0
Telecomunicacoes Brasileiras Spon ADR 879287100 1,298 10,000 SH SOLE 10,000 0 0
Telephone & Data Sys Inc. COM 879433100 9,395 197,800 SH SOLE 197,800 0 0
Toys R Us Inc COM 892335950 1,202 40,000 SH PUT SOLE 40,000 0 0
USA Waste Services Inc. COM 902917103 42,334 950,000 SH SOLE 950,000 0 0
United States Filter Corp New COM NEW 911843209 7,723 219,900 SH SOLE 219,900 0 0
</TABLE>
