<PAGE> PAGE 1
000 A000000 06/30/98
000 C000000 0001029635
000 D000000 N
000 E000000 NF
000 F000000 Y
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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, 31ST FLOOR
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10281
003 000000 N
004 000000 N
005 000000 N
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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 CIBC OPPENHEIMER CORP.
010 B000002 8-10574
010 C010002 NEW YORK
010 C020002 NY
010 C030002 10281
011 A000001 CIBC OPPENHEIMER CORP.
011 B000001 8-10574
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 CIBC OPPENHEIMER CORP.
014 B000001 8-10574
014 A000002 CIBC WOOD GUNDY SECURITIES INC.
014 B000002 8-00000
014 A000003 CIBC SECURITIES INC.
014 B000003 8-00000
014 A000004 CIBC INVESTOR SERVICES INC.
014 B000004 8-00000
014 A000005 CIBC WOOD GUNDY PLC
014 B000005 8-00000
014 A000006 CIBC WOOD GUNDY IRELAND LTD.
014 B000006 8-00000
014 A000007 CIBC (SUISSE) S.A.
014 B000007 8-00000
014 A000008 CIBC BANK & TRUST CO. (CHANNEL ISLANDS) LTD.
014 B000008 8-00000
014 A000009 CIBC - HONG KONG BRANCH
014 B000009 8-00000
014 A000010 CIBC WOOD GUNDY SECURITIES INC. HONG KONG BRA
014 B000010 8-00000
014 A000011 CIBC WOOD GUNDY SECURITIES (JAPAN) LIMITED
014 B000011 8-00000
014 A000012 CIBC - TOKYO BRANCH
014 B000012 8-00000
014 A000013 CIBC - TAIWAN BRANCH
014 B000013 8-00000
014 A000014 CIBC ASIA LTD.
014 B000014 8-00000
014 A000015 CIBC - SINGAPORE BRANCH
014 B000015 8-00000
014 A000016 CIBC WOOD GUNDY AUSTRALIA PTY LTD.
014 B000016 8-00000
014 A000017 CIBC TRADING DE CORP.
014 B000017 8-49953
015 A000001 MORGAN STANLEY TRUST COMPANY
015 B000001 C
015 C010001 JERSEY CITY
015 C020001 NJ
015 C030001 07302
015 E010001 X
<PAGE> PAGE 3
018 000000 Y
019 A000000 N
019 B000000 0
020 A000001 GOLDMAN SACHS & CO.
020 B000001 13-5108880
020 C000001 96
020 A000002 MORGAN STANLEY & CO. INC.
020 B000002 13-2655998
020 C000002 46
020 A000003 MERRILL LYNCH
020 B000003 13-5674085
020 C000003 28
020 A000004 LEHMAN BROTHERS
020 B000004 43-2518466
020 C000004 27
020 A000005 BRIDGE TRADING
020 B000005 43-1450530
020 C000005 24
020 A000006 ALLEN & CO.
020 B000006 59-0913641
020 C000006 22
020 A000007 BEAR, STEARNS & CO., INC.
020 B000007 13-3299429
020 C000007 18
020 A000008 SALOMON BROTHERS, INC.
020 B000008 13-3082694
020 C000008 18
020 A000009 DEUTSCHE MORGAN GRENFELL
020 B000009 13-2730828
020 C000009 10
020 A000010 BROWN(ALEX) & SONS, INC.
020 B000010 52-1319768
020 C000010 9
021 000000 398
022 A000001 GOLDMAN SACHS & CO.
022 B000001 13-5108880
022 C000001 9585
022 D000001 3419
022 A000002 ALLEN & CO.
022 B000002 59-0913641
022 C000002 6260
022 D000002 1618
022 A000003 FURMAN SELZ & CO.
022 B000003 13-2753731
022 C000003 2067
022 D000003 2023
022 A000004 MONTGOMERY SECURITIES
022 B000004 94-1701676
022 C000004 2888
022 D000004 1018
022 A000005 ROBERTSON STEPHENS
<PAGE> PAGE 4
022 B000005 94-2524501
022 C000005 2672
022 D000005 1181
022 A000006 FIRST BOSTON
022 B000006 13-5659485
022 C000006 1998
022 D000006 587
022 A000007 LEHMAN BROTHERS
022 B000007 13-2518466
022 C000007 1755
022 D000007 506
022 A000008 GERARD KLAUER
022 B000008 13-3459853
022 C000008 486
022 D000008 541
022 A000009 MORGAN STANLEY & CO., INC.
022 B000009 13-2655998
022 C000009 517
022 D000009 342
022 A000010 PAINE WEBBER
022 B000010 13-2638166
022 C000010 541
022 D000010 50
023 C000000 30653
023 D000000 11760
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<PAGE> PAGE 5
048 F020000 0.000
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<PAGE> PAGE 6
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<PAGE> PAGE 7
070 Q020000 Y
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070 R020000 Y
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071 B000000 46622
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<PAGE> PAGE 8
074 H000000 0
074 I000000 57
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SIGNATURE MARY JANE MALONEY
TITLE MANAGER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
financial statement as of June 30, 1998.
</LEGEND>
<CIK> 0001029635
<NAME> TROON PARTNERS, L.P.
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-END> JUN-30-1998
<INVESTMENTS-AT-COST> 120260400
<INVESTMENTS-AT-VALUE> 176767712
<RECEIVABLES> 1383881
<ASSETS-OTHER> 19597
<OTHER-ITEMS-ASSETS> 171523
<TOTAL-ASSETS> 178342713
<PAYABLE-FOR-SECURITIES> 432312
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3299106
<TOTAL-LIABILITIES> 3731418
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 118603585
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> (949494)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 44982
<OVERDISTRIBUTION-GAINS> 0
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<NET-INVESTMENT-INCOME> (604518)
<REALIZED-GAINS-CURRENT> 84914
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<NET-CHANGE-FROM-OPS> 27808849
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<NET-CHANGE-IN-ASSETS> 69212434
<ACCUMULATED-NII-PRIOR> (344976)
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<EXPENSE-RATIO> 1.37
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</TABLE>
