<PAGE> PAGE 1
000 B000000 12/31/98
000 C000000 0001029635
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000 F000000 Y
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000 J000000 A
001 A000000 TROON PARTNERS, L.P.
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002 A000000 ONE WORLD FINANCIAL CENTER, 31ST FLOOR
002 B000000 NEW YORK
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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 CHASE MANHATTAN BANK
015 B000001 C
015 C010001 NEW YORK
015 C020001 NY
015 C030001 10017
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<PAGE> PAGE 3
018 000000 Y
019 A000000 N
019 B000000 0
020 A000001 GOLDMAN, SACHS & CO.
020 B000001 13-5108880
020 C000001 184
020 A000002 MORGAN STANLEY & CO. INC.
020 B000002 13-2655998
020 C000002 180
020 A000003 MERRILL LYNCH, PIERCE, FENNER & SMITH
020 B000003 13-5674085
020 C000003 57
020 A000004 LEHMAN BROTHERS INC.
020 B000004 13-2518466
020 C000004 56
020 A000005 BRIDGE TRADING CO.
020 B000005 43-1450530
020 C000005 44
020 A000006 ALLEN & CO., INC.
020 B000006 13-6176976
020 C000006 37
020 A000007 BEAR, STEARNS & CO., INC.
020 B000007 13-3299429
020 C000007 33
020 A000008 SALOMON BROTHERS, INC.
020 B000008 13-3082694
020 C000008 44
020 A000009 J.P. MORGAN SECURITIES, INC.
020 B000009 13-3224016
020 C000009 25
020 A000010 BT ALEX. BROWN, INC.
020 B000010 13-3311934
020 C000010 19
021 000000 876
022 A000001 GOLDMAN, SACHS & CO.
022 B000001 13-5108880
022 C000001 13997
022 D000001 17715
022 A000002 MONTGOMERY SECURITIES
022 B000002 94-1701676
022 C000002 9012
022 D000002 4583
022 A000003 ALLEN & CO., INC.
022 B000003 13-6176976
022 C000003 8885
022 D000003 3684
022 A000004 FURMAN SELZ LLC
022 B000004 13-3856626
022 C000004 5570
022 D000004 4953
022 A000005 MERRILL LYNCH, PIERCE, FENNER & SMITH
<PAGE> PAGE 4
022 B000005 13-5674085
022 C000005 3723
022 D000005 1968
022 A000006 LEHMAN BROTHERS, INC.
022 B000006 13-2518466
022 C000006 2473
022 D000006 3019
022 A000007 MORGAN STANLEY & CO., INC.
022 B000007 13-2655998
022 C000007 1470
022 D000007 3430
022 A000008 CREDIT SUISSE FIRST BOSTON CORP.
022 B000008 13-5659485
022 C000008 2446
022 D000008 1174
022 A000009 BANCAMARICA ROBERTSON STEPHENS
022 B000009 94-2524501
022 C000009 3272
022 D000009 1240
022 A000010 GERARD KLAUER MATTISON & CO., INC.
022 B000010 13-3459853
022 C000010 660
022 D000010 1363
023 C000000 60143
023 D000000 47404
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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 MARY JANE MALONEY
TITLE MANAGER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
financial statement as of December 31, 1998.
</LEGEND>
<CIK> 0001029635
<NAME> TROON PARTNERS, L.P.
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-END> DEC-31-1998
<INVESTMENTS-AT-COST> 136451450
<INVESTMENTS-AT-VALUE> 217558540
<RECEIVABLES> 1113456
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</TABLE>
