<PAGE> PAGE 1
000 A000000 06/30/1999
000 C000000 0001029635
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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 WORLD MARKETS CORP.
010 B000002 8-18333
010 C010002 NEW YORK
010 C020002 NY
010 C030002 10281
011 A000001 CIBC WORLD MARKETS CORP.
011 B000001 8-18333
011 C010001 NEW YORK
<PAGE> PAGE 2
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011 C030001 10281
012 A000001 PFPC INC.
012 B000001 85-1196
012 C010001 WILMINGTON
012 C020001 DE
012 C030001 19809
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013 B010001 NEW YORK
013 B020001 NY
013 B030001 10019
014 A000001 CIBC WORLD MARKETS CORP.
014 B000001 8-18333
014 A000002 CIBC TRADING (DELAWARE) CORP.
014 B000002 8-49953
014 A000003 CIBC WORLD MARKETS INC.
014 B000003 8-00000
014 A000004 CIBC INVESTOR SERVICES INC.
014 B000004 8-00000
014 A000005 CIBC SECURITIES INC.
014 B000005 8-00000
014 A000006 E. SHALEV LTD.
014 B000006 8-00000
014 A000007 CIBC WORLD MARKETS PLC
014 B000007 8-00000
014 A000008 CIBC WORLD MARKETS INTERNATIONAL LTD.
014 B000008 8-00000
014 A000009 CIBC WORLD MARKETS JAPAN LTD.
014 B000009 8-00000
014 A000010 CEF CAPTITAL LTD.
014 B000010 8-00000
014 A000011 CEF BROKERAGE LTD.
014 B000011 8-00000
014 A000012 CEF FUTURES LTD.
014 B000012 8-00000
014 A000013 CIBC (HONG KONG) LTD.
014 B000013 8-00000
014 A000014 CEF SINGAPORE LTD.
014 B000014 8-00000
014 A000015 CIBC WORLD MARKETS AUSTRALIA LTD.
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015 C030001 10017
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<PAGE> PAGE 3
019 B000000 0
020 A000001 GOLDMAN SACHS & CO.
020 B000001 13-5108880
020 C000001 57
020 A000002 MORGAN STANLEY & CO., INC.
020 B000002 13-2655998
020 C000002 52
020 A000003 ALLEN & CO., INC.
020 B000003 13-6176976
020 C000003 23
020 A000004 BRIDGE TRADING CO.
020 B000004 43-1450530
020 C000004 23
020 A000005 SALOMON SMITH BARNEY, INC.
020 B000005 11-2418191
020 C000005 21
020 A000006 J.P. MORGAN SECURITIES, INC.
020 B000006 13-3224016
020 C000006 20
020 A000007 LEHMAN BROTHERS, INC.
020 B000007 13-2518466
020 C000007 17
020 A000008 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
020 B000008 13-5674085
020 C000008 8
020 A000009 GERARD KLAUER MATTISON & CO., INC.
020 B000009 13-3459853
020 C000009 8
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020 B000010 13-3299429
020 C000010 7
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022 A000001 GOLDMAN SACHS & CO.
022 B000001 13-5108880
022 C000001 17094
022 D000001 23169
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022 C000002 5553
022 D000002 11429
022 A000003 BEAR STEARNS & CO.
022 B000003 13-3299429
022 C000003 6949
022 D000003 8360
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022 B000004 13-5674085
022 C000004 8756
022 D000004 4015
022 A000005 LEHMAN BROTHERS, INC.
022 B000005 13-2518466
022 C000005 8351
<PAGE> PAGE 4
022 D000005 205
022 A000006 ALLEN & COMPANY
022 B000006 13-6176976
022 C000006 4762
022 D000006 3739
022 A000007 CS FIRST BOSTON CORP.
022 B000007 13-5659485
022 C000007 3791
022 D000007 2760
022 A000008 PAINEWEBBER INC.
022 B000008 13-2638166
022 C000008 5508
022 D000008 511
022 A000009 NATIONSBANC MONTGOMERY SECURITIES
022 B000009 94-1701676
022 C000009 4041
022 D000009 1818
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022 C000010 3683
022 D000010 74
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<PAGE> PAGE 5
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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, 1999.
</LEGEND>
<CIK> 0001029635
<NAME> TROON PARTNERS, L.P.
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 200782014
<INVESTMENTS-AT-VALUE> 335048951
<RECEIVABLES> 2879400
<ASSETS-OTHER> 159620
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 338087971
<PAYABLE-FOR-SECURITIES> 3162172
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 6030426
<TOTAL-LIABILITIES> 9192598
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 168238825
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> (1726573)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 28116184
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 134266937
<NET-ASSETS> 328895373
<DIVIDEND-INCOME> 767803
<INTEREST-INCOME> 54811
<OTHER-INCOME> 0
<EXPENSES-NET> 1741927
<NET-INVESTMENT-INCOME> (919313)
<REALIZED-GAINS-CURRENT> 28190623
<APPREC-INCREASE-CURRENT> 53159847
<NET-CHANGE-FROM-OPS> 80431157
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 125923858
<ACCUMULATED-NII-PRIOR> (807260)
<ACCUMULATED-GAINS-PRIOR> (74439)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 50220
<GROSS-EXPENSE> 1741927
<AVERAGE-NET-ASSETS> 271612103
<PER-SHARE-NAV-BEGIN> 0
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
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<EXPENSE-RATIO> 1.29
</TABLE>
EXHIBIT INDEX
Exhibit A: Attachment to item 77o:
Transactions effected pursuant to Rule 10f-3
- -------------------------------------------------------
Exhibit A:
Troon Partners, L.P. ("the Partnership")
Exhibits/Attachments to Form N-SAR
June 30, 1999
File Number: 811-08003
CIK Number: 0001029635
Item 77O
Date Principal Amount
Purchased Amount of Price/ Purchased
AND Issue Offering Spread by Fund
05/05/99
Goldman Sachs/ $15 million 24 9,054
Northpoint shares
Communications Group
05/11/99
Morgan Stanley/ $252 million 14 10,928
Time Warner shares
Telecom, Inc.
05/07/99
DLJ/ Media $51 million 17 1,000
Metrix, Inc. shares
05/04/99
Goldman Sachs / $2.703 billion 53 22,641
Goldman Sachs shares
