<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: March 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: Bentley Capital Management, Inc.
Address: 520 Madison Avenue
New York, New York 10022
Form 13F File Number: 28-3093
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: Gerald Levine
Title: Chief Executive Officer
Phone: (212) 583-8880
Signature, Place, and Date of Signing:
/s/ Gerald Levine New York, New York May 11, 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 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.]
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Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 72
Form 13F Information Table Value Total: $252,581
[thousands]
List of Other Included Managers: None.
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
28-
[Repeat as necessary.]
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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
- ----------------------- -------------- -------- -------- ----------------- -------- -------- ------------------------
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE(K) SH/P AMT S/P P/C INV DSC MANAGERS SOLE SHARED NONE
- ----------------------- -------------- --------- -------- -------- -------- -------- -------- ----- ------ -----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
3DFX INTERACTIVE INC COMMON 88553X103 1400 112000 SH SOLE 112000 0 0
ACE LIMITED ORD G0070K103 2183 70000 SH SOLE 70000 0 0
AT&T CORP COMMON 001957109 3951 49500 SH SOLE 49500 0 0
ALBA WALDENSIAN INC COMMON 012041109 426 27950 SH SOLE 27950 0 0
ALKERMES INC COMMON 01642T108 218 8000 SH SOLE 8000 0 0
AMERICA ONLINE INC DEL COMMON 02364J104 3675 25000 SH SOLE 25000 0 0
AMKOR TECHNOLOGY INC COMMON 031652100 906 115000 SH SOLE 115000 0 0
APPLIED PWR INC CL A 038225108 5698 209100 SH SOLE 209100 0 0
BMC INDS INC MINN COMMON 055607105 44 10000 SH SOLE 10000 0 0
BANCO DE A EDWARDS DEPOSITORY RECEI 059504100 233 20500 SH SOLE 20500 0 0
C-CUBE MICROSYSTEMS COMMON 125015107 5231 264000 SH SOLE 264000 0 0
CAREMATRIX CORP COMMON 141706101 395 20800 SH SOLE 20800 0 0
CELLULAR COMMUNICATIONS COMMON 15116N108 6332 234500 SH SOLE 234500 0 0
CENTRAL SPRINKLER CORP COMMON 155184104 641 45000 SH SOLE 45000 0 0
CHASE MANHATTAN CORP NEW COMMON 16161A108 3255 40000 SH SOLE 40000 0 0
CNET INC COMMON 125945105 1281 13900 SH SOLE 13900 0 0
CORAM HEALTHCARE CORP COMMON 218103109 21 10853 SH SOLE 10853 0 0
CORECOMM LTD ORD G2422R109 9959 271000 SH SOLE 271000 0 0
COVENANT TRANS INC CL A 22284P105 669 45000 SH SOLE 45000 0 0
CROMPTON & KNOWLES CORP COMMON 227111101 4164 264400 SH SOLE 264400 0 0
DII GROUP INC COMMON 232949107 9770 334000 SH SOLE 334000 0 0
DENTAL MED DIAGNOSTIC SY COM NEW 24873K208 181 22500 SH SOLE 22500 0 0
DORSEY TRAILERS INC COMMON 258440106 379 233500 SH SOLE 233500 0 0
ENZON INC COMMON 293904108 443 30000 SH SOLE 30000 0 0
FSI INTL INC COMMON 302633102 630 105000 SH SOLE 105000 0 0
FORD MTR CO DEL COMMON 345370100 3401 60000 SH SOLE 60000 0 0
FOREST LABS INC CL A 345838106 2779 49300 SH SOLE 49300 0 0
FOURTH SHIFT CORP COMMON 351128103 54 10000 SH SOLE 10000 0 0
GEMSTAR INTL GROUP LTD ORD G3788V106 24080 320000 SH SOLE 320000 0 0
GENENTECH INC COM SPL 368710307 4609 52000 SH SOLE 52000 0 0
GENERAL MTRS CORP COMMON 370442105 3045 35000 SH SOLE 35000 0 0
GILAT SATELLITE NETWKS ORD M51474100 6270 104500 SH SOLE 104500 0 0
GLOBAL IMAGING SYSTEMS COMMON 37934A100 1671 125500 SH SOLE 125500 0 0
GLOBALSTAR TELECOMMUNICT COMMON G3930H104 5586 402574 SH SOLE 402574 0 0
GOLDEN STAR RES LTD CDA COMMON 38119T104 47 58200 SH SOLE 58200 0 0
GRACE W R & CO DEL NEW COMMON 38388F108 1302 107393 SH SOLE 107393 0 0
HALL KINION ASSOCIATES I COMMON 406069104 156 25000 SH SOLE 25000 0 0
HOUSEHOLD INTL INC COMMON 441815107 6315 138400 SH SOLE 138400 0 0
ICO GLOBAL COMMUNICATION COMMON G4705T109 2475 287000 SH SOLE 287000 0 0
IDEC PHARMACEUTICALS COMMON 449370105 5960 116000 SH SOLE 116000 0 0
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INDYMAC MTG HLDGS INC COMMON 456607100 293 26900 SH SOLE 26900 0 0
INTERTAN INC COMMON 461120107 4904 503000 SH SOLE 503000 0 0
JD WETHERSPOON ORDINARY COMMON G5085Y105 798 175000 SH SOLE 175000 0 0
MUELLER INDS INC COMMON 624756102 8320 371858 SH SOLE 371858 0 0
NTL INC COMMON 629407107 25164 309233 SH SOLE 309233 0 0
NOVELL INC COMMON 670006105 2141 85000 SH SOLE 85000 0 0
OAK INDS INC COM NEW 671400505 1572 49500 SH SOLE 49500 0 0
PEGASUS COMMUNICATIONS C CL A 705904100 3080 110000 SH SOLE 110000 0 0
PERFORMANCE TECHNOLOGIES COMMON 71376K102 376 35000 SH SOLE 35000 0 0
POWERWAVE TECHNOLOGIES I COMMON 739363109 5718 201500 SH SOLE 201500 0 0
PROXYMED INC COMMON 744290107 1559 115500 SH SOLE 115500 0 0
QLT PHOTOTHERAPEUTICS IN COMMON 746927102 815 20000 SH SOLE 20000 0 0
READERS DIGEST ASSN INC CL A NON VTG 755267101 4769 151700 SH SOLE 151700 0 0
REGISTRY MAGIC INC COMMON 75913K103 222 25000 SH SOLE 25000 0 0
ROGERS CORP COMMON 775133101 248 10000 SH SOLE 10000 0 0
SFX ENTMT INC CL A 784178105 9491 147000 SH SOLE 147000 0 0
STB SYS INC COMMON 784741100 420 53800 SH SOLE 53800 0 0
SAKS INC COMMON 79377W108 4953 190500 SH SOLE 190500 0 0
SCHOLASTIC CORP COMMON 807066105 6442 131800 SH SOLE 131800 0 0
SEAGATE TECHNOLOGY COMMON 811804103 1508 51000 SH SOLE 51000 0 0
SEALED AIR CORP NEW COMMON 81211K100 4112 83597 SH SOLE 83597 0 0
SEALED AIR CORP NEW PFD CV A $2 81211K209 2977 60145 SH SOLE 60145 0 0
STORAGE TECHNOLOGY CORP COM PAR $0.10 862111200 5388 193300 SH SOLE 193300 0 0
TANDY CORP COMMON 875382103 7466 117000 SH SOLE 117000 0 0
TEFRON LTD ORD M87482101 1067 151100 SH SOLE 151100 0 0
TEVA PHARMACEUTICAL INDS DEPOSITORY RECEI 881624209 1186 25000 SH SOLE 25000 0 0
TEXAS INSTRS INC COMMON 882508104 1687 17000 SH SOLE 17000 0 0
TTI TEAM TELECOM INTL LT ORD M88258104 1828 225000 SH SOLE 225000 0 0
UNUM CORP COMMON 903192102 3073 64600 SH SOLE 64600 0 0
WANG LABS INC NEW COMMON 93369N109 5524 281500 SH SOLE 281500 0 0
WARNER LAMBERT CO COMMON 934488107 3313 50000 SH SOLE 50000 0 0
WITCO CORP COMMON 977385103 2332 184700 SH SOLE 184700 0 0
GRAND TOTAL 252,581
</TABLE>
[Repeat as necessary]
00679001.AL4
