<PAGE> PAGE 1
000 A000000 06/30/97
000 C000000 0001029635
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 TROON PARTNERS, L.P.
001 B000000 811-08003
001 C000000 2126677649
002 A000000 ONE WORLD FINANCIAL CENTER, 33RD FLOOR
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10281
003 000000 Y
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
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007 C010100 1
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A000001 TROON MANAGEMENT, LLC
008 B000001 A
008 C000001 801-53625
008 D010001 NEW YORK
008 D020001 NY
008 D030001 10281
010 A000001 PFPC INC.
010 B000001 85-1196
010 C010001 WILMINGTON
010 C020001 DE
010 C030001 19809
010 A000002 OPPENHEIMER & CO., INC.
010 B000002 8-0110574
010 C010002 NEW YORK
010 C020002 NY
010 C030002 10281
011 A000001 OPPENHEIMER & CO., INC.
011 B000001 8-0110574
011 C010001 NEW YORK
<PAGE> PAGE 2
011 C020001 NY
011 C030001 10281
012 A000001 PFPC INC.
012 B000001 85-1196
012 C010001 WILMINGTON
012 C020001 DE
012 C030001 19809
013 A000001 ERNST & YOUNG LLP
013 B010001 NEW YORK
013 B020001 NY
013 B030001 10019
014 A000001 OPPENHEIMER & CO., INC.
014 B000001 8-0110574
015 A000001 MORGAN STANLEY TRUST COMPANY
015 B000001 C
015 C010001 JERSEY CITY
015 C020001 NJ
015 C030001 07302
015 E010001 X
018 000000 Y
019 A000000 N
019 B000000 0
020 A000001 GOLDMAN SACHS & CO.
020 B000001 13-5108880
020 C000001 26
020 A000002 BRIDGE TRADING COMPANY
020 B000002 43-1450530
020 C000002 25
020 A000003 MORGAN STANLEY & CO., INC.
020 B000003 13-2655998
020 C000003 20
020 A000004 NATWEST SECURITIES
020 B000004 13-3312778
020 C000004 16
020 A000005 SALOMON BROTHERS INC.
020 B000005 13-3082694
020 C000005 14
020 A000006 COWEN & CO.
020 B000006 13-5616116
020 C000006 7
020 A000007 ROBERTSON, STEPHENS & CO., L.P.
020 B000007 94-2524501
020 C000007 6
020 A000008 OPPENHEIMER & CO., INC.
020 B000008 13-2953455
020 C000008 6
020 A000009 SCHRODER WERTHEIM & CO., INC.
020 B000009 13-2697272
020 C000009 5
020 A000010 LEHMAN BROTHERS
020 B000010 13-2518466
<PAGE> PAGE 3
020 C000010 4
021 000000 176
022 A000001 PAINE WEBBER INC.
022 B000001 13-2638166
022 C000001 7608
022 D000001 2825
022 A000002 GOLDMAN SACHS & CO.
022 B000002 13-5108880
022 C000002 2111
022 D000002 3417
022 A000003 MORGAN STANLEY & CO., INC.
022 B000003 13-2655998
022 C000003 5073
022 D000003 409
022 A000004 SALOMON BROTHERS
022 B000004 13-3082694
022 C000004 4809
022 D000004 0
022 A000005 MERRIL LYNCH, PIERCE, FENNER & SMITH, INC.
022 B000005 13-5674085
022 C000005 3732
022 D000005 877
022 A000006 ALLEN & CO. OF FLORIDA, INC.
022 B000006 59-0913641
022 C000006 2131
022 D000006 429
022 A000007 MONTGOMERY SECURITIES
022 B000007 94-1701676
022 C000007 2157
022 D000007 295
022 A000008 CREDIT SUISSE FIRST BOSTON
022 B000008 13-3431728
022 C000008 1212
022 D000008 386
022 A000009 LEHMAN BROTHERS
022 B000009 13-2518466
022 C000009 795
022 D000009 13
022 A000010 ROBERTSON, STEPHENS & CO., L.P.
022 B000010 94-2524501
022 C000010 597
022 D000010 20
023 C000000 31869
023 D000000 9923
024 000000 N
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
<PAGE> PAGE 4
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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<PAGE> PAGE 9
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SIGNATURE KATHY THREN
TITLE COUNSEL
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
financial statement as of June 30, 1997.
</LEGEND>
<CIK> 0001029635
<NAME> TROON PARTNERS, L.P.
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 69440468
<INVESTMENTS-AT-VALUE> 76762600
<RECEIVABLES> 665947
<ASSETS-OTHER> 11238
<OTHER-ITEMS-ASSETS> 1756854
<TOTAL-ASSETS> 79196639
<PAYABLE-FOR-SECURITIES> 369900
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 207792
<TOTAL-LIABILITIES> 577692
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 71920000
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 3216
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (626401)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 7322132
<NET-ASSETS> 78618947
<DIVIDEND-INCOME> 389009
<INTEREST-INCOME> 55261
<OTHER-INCOME> 0
<EXPENSES-NET> 441054
<NET-INVESTMENT-INCOME> 3216
<REALIZED-GAINS-CURRENT> (626401)
<APPREC-INCREASE-CURRENT> 7322132
<NET-CHANGE-FROM-OPS> 6698947
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
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<NET-CHANGE-IN-ASSETS> 78618947
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
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<GROSS-EXPENSE> 441054
<AVERAGE-NET-ASSETS> 70279591
<PER-SHARE-NAV-BEGIN> 0
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<PER-SHARE-NAV-END> 0
<EXPENSE-RATIO> 1.84
<AVG-DEBT-OUTSTANDING> 3167
<AVG-DEBT-PER-SHARE> 0
</TABLE>
