FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 1999
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds a new holdings entries.
Institutional Investment Manager Filing this Report:
Name: MJ Whitman Advisers, Inc.
Address: 767 Third Avenue
New York, NY 10017
13F File Number: 801-43699
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: David M. Barse
Title: President
Phone: 212-888-8044
Signature, Place, and Date of Signing:
David M. Barse New York, New York August 10, 1999
Report Type (Check only one.):
[x] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
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FORM 13F SUMMARY PAGE
REPORT SUMMARY:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 103
Form 13F Information Table Value Total: $264,060,791
List of Other Included Managers:
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FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT ------VOTING AUTHORITY-----
Name of Issuer -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETM -MANAGERS- SOLE SHARED NONE
3COM CORPORATION COM 885535104 1287 48222 SH SOLE 26940 0 21282
A.G. EDWARDS, INC. COM 281760108 19 600 SH SOLE 0 0 600
AEGIS REALTY, INC. COM 00760P104 42 4300 SH SOLE 0 0 4300
ALEXANDER & BALDWIN COM 014482103 5185 233050 SH SOLE 158900 0 74150
ANALOGIC CORP. COM 032657207 925 29750 SH SOLE 18950 0 10800
APPLIED MATERIALS, INC. COM 038222105 2194 29700 SH SOLE 16400 0 13300
ASSOCIATES FIRST CAPITAL CORP. CL A 046008108 1586 35951 SH SOLE 10603 0 25348
AMERICAN INTERNATIONAL GROUP COM 026874107 59 507 SH SOLE 0 0 507
AMERICAN PHYSICIANS SERVICES GROUP INC COM 028882108 34 9500 SH SOLE 0 0 9500
ADE CORP MASS COM 00089C107 2412 201000 SH SOLE 147300 0 53700
ASTORIA FINANCIAL CORP. COM 046265104 1688 38425 SH SOLE 12625 0 25800
AVATAR HOLDINGS, INC COM 053494100 1333 70400 SH SOLE 48000 0 22400
AVX CORP COM 002444107 236 9700 SH SOLE 0 0 9700
BOSTON COMMUNICATIONS GROUP, INC. COM 100582105 195 14500 SH SOLE 14500 0 0
BEL FUSE INC. CL A 077347102 43 1550 SH SOLE 0 0 1550
BEL FUSE INC. CL B 077347300 43 1650 SH SOLE 0 0 1650
BRISTOL MYERS SQUIBB COM 110122108 28 400 SH SOLE 0 0 400
CABOT INDUSTRIAL TRUST COM 127072106 330 15550 SH SOLE 0 0 15550
CHRIS CRAFT INDUSTRIES COM 170520100 39 817 SH SOLE 0 0 817
CISCO SYS, INC. COM 17275R102 0 1 SH SOLE 0 0 1
C.P. CLARE CORP. COM 12615K107 736 124000 SH SOLE 70350 0 53650
CAPITAL SOUTHWEST COM 140501107 552 6900 SH SOLE 0 0 6900
CITIGROUP, INC. COM 172967101 68 1425 SH SOLE 0 0 1425
COMMERICAL ASSETS, INC. COM 201118106 7 1200 SH SOLE 0 0 1200
CRAWFORD & CO. CL A 224633206 3 225 SH SOLE 0 0 225
CUMMINS ENGINE CO., INC. COM 231021106 2370 41490 SH SOLE 12400 0 29090
DANIELSON HOLDING CORP. COM 236274106 6 1000 SH SOLE 0 0 1000
DEERE & CO. COM 244199105 1 30 SH SOLE 0 0 30
DELTIC TIMBER CORP. COM 247850100 2450 90950 SH SOLE 55950 0 35000
DATASCOPE CORP. COM 238113104 8052 250650 SH SOLE 100200 0 150450
EMC CORP. MASS COM 268648102 15 280 SH SOLE 0 0 280
ECHELON INTERNATIONAL CORP. COM 278747100 63 2800 SH SOLE 0 0 2800
ECOLAB, INC. COM 278865100 84 1920 SH SOLE 0 0 1920
ELECTROGLAS INC. COM 285324109 9438 471900 SH SOLE 267175 0 204725
ENHANCE FINANCIAL SERVICE GROUP, INC. COM 293310108 5721 289650 SH SOLE 115900 0 173750
EVANS & SUTHERLAND COMPUTER CORP. COM 299096107 5749 440100 SH SOLE 274600 0 165500
ELECTRO SCIENTIFIC INDUSTRIES, INC. COM 285229100 7457 178475 SH SOLE 92875 0 85600
FORD MOTOR COMPANY COM 345370100 3881 68771 SH SOLE 21444 0 47327
FIRST AMERICAN FINANCIAL CORP. COM 318522307 10304 576465 SH SOLE 315175 0 261290
FOREST CITY ENTERPRISES, INC. CL A 345550107 10469 373900 SH SOLE 181950 0 191950
FOREST CITY ENTERPRISES, INC. CL B 345550305 470 16700 SH SOLE 16700 0 0
FDX CORPORATION HOLDING COMPANY COM 31304N107 43 800 SH SOLE 0 0 800
FINANCIAL SECURITY ASSURANCE HOLDINGS COM 31769P100 17350 333656 SH SOLE 171617 0 162039
FSI INTERNATIONAL, INC. COM 302633102 5559 668800 SH SOLE 359900 0 308900
GOLDEN STATE BANCORP, INC. COM 381197102 26 1170 SH SOLE 0 0 1170
GOLDEN STATE BANCORP, INC. WT EXP 381197136 2 1170 SH SOLE 0 0 1170
H&Q LIFE SCIENCES INVESTORS SH BEN 404053100 9 725 SH SOLE 0 0 725
HOLOGIC, INC. COM 436440101 2091 371795 SH SOLE 255275 0 116520
IMPERIAL CREDIT COMMERCIAL COM 45272T102 5181 479200 SH SOLE 304600 0 174600
INTEL CORP, INC. COM 458140100 86 1448 SH SOLE 0 0 1448
INVESTMENT TECHNOLOGY GROUP COM 461450108 1099 34200 SH SOLE 19200 0 15000
JEFFRIES GROUP INC. COM 472318104 1003 34600 SH SOLE 19200 0 15400
J&J SNACK FOODS CORP COM 466032109 918 38250 SH SOLE 10800 0 27450
JOHN NUVEEN CL A 478035108 958 22450 SH SOLE 8300 0 14150
KLA-TENCOR CORP. COM 482480100 999 15400 SH SOLE 8600 0 6800
KOGER EQUITY, INC. COM 500228101 160 8700 SH SOLE 0 0 8700
KNIGHT RIDDER INC. COM 499040103 18 320 SH SOLE 0 0 320
LASALLE RE HOLDIGS LTD. ORD G5383Q101 2545 149700 SH SOLE 98700 0 51000
LIBERTY FINANCIAL COMPANIES INC. COM 530512102 17783 610575 SH SOLE 351700 0 258875
LEGG MASON INC. COM 524901105 7064 183482 SH SOLE 97684 0 85798
LEUCADIA NATIONAL CORP. COM 527288104 3539 139450 SH SOLE 87900 0 51550
LNR PROPERTY, CORP. COM 501940100 137 6400 SH SOLE 0 0 6400
MBIA COM 55262C100 2070 31965 SH SOLE 17542 0 14423
MELLON BANK CORP. COM 585509102 42 1156 SH SOLE 0 0 1156
MARSHALL & ISLEY CORPORATION COM 571834100 738 11466 SH SOLE 0 0 11466
NABORS INDUSTRIES COM 629568106 26121 1071650 SH SOLE 625600 0 446050
NATIONAL PRESTO INDUSTRIES, INC. COM 637215104 733 19165 SH SOLE 10250 0 8915
NCR CORP. COM 62886E108 12498 256050 SH SOLE 149300 0 106750
PALM HARBOR HOMES COM 696639103 39 1562 SH SOLE 0 0 1562
PLANAR SYSTEMS INC. COM 726900103 2900 374200 SH SOLE 244850 0 129350
PREMARK SYSTEMS, INC. COM 740459102 8 200 SH SOLE 0 0 200
PRIMEGROUP REALTY TRUST SH BEN 74158J103 64 3700 SH SOLE 0 0 3700
PRIME MEDICAL SERVICES, INC. COM 74156D108 125 17000 SH SOLE 17000 0 0
PROTOCOL SYSTEMS INC. COM 74371R106 174 20000 SH SOLE 0 0 20000
RADIAN GROUP, INC. COM 750236106 391 8000 SH SOLE 8000 0 0
RAYMOND JAMES FINANCIAL, INC. COM 754730109 14 600 SH SOLE 0 0 600
RELIASTAR FINANCIAL CORP. COM 75952U103 903 20648 SH SOLE 0 0 20648
RISK CAPITAL HOLDINGS INC. COM 767711104 9399 696225 SH SOLE 458775 0 237450
SBC COMMUNICATIONS, INC. COM 78387G103 19 320 SH SOLE 0 0 320
SAFECO CORP. COM 786429100 4 80 SH SOLE 0 0 80
SAWAKO CORP. ADR 805444205 112 25200 SH SOLE 25200 0 0
SBARRO INC. COM 805844107 20 750 SH SOLE 0 0 750
SPEEDFAM INTERNATIONAL, INC. COM 847706108 5283 328900 SH SOLE 207600 0 121300
SCHERING PLOUGH CORP. COM 847706108 45 850 SH SOLE 0 0 850
SKYLINE CORP. COM 830830105 235 8000 SH SOLE 8000 0 0
STEWART INFORMATION SERVICES CORP. COM 860372101 4951 234370 SH SOLE 110710 0 123660
ST. JUDE MEDICAL INC. COM 790849103 53 1500 SH SOLE 0 0 1500
ST. JOE CORP. COM 790148100 3651 135210 SH SOLE 88900 0 46310
SILICON VALLEY GROUP, INC. COM 827066101 8642 514034 SH SOLE 320584 0 193450
SIZELER PPTY INVS, INC. COM 830137105 9 1000 SH SOLE 0 0 1000
TECUMSEH PRODUCTS CO. CL A 878895200 4097 67655 SH SOLE 44700 0 22955
TECUMSEH PRODUCTS CO. CL B 878895101 6217 114070 SH SOLE 55570 0 58500
TEXAS MICRO INC. COM 88255T103 101 13400 SH SOLE 11400 0 2000
TEJON RANCH, CO. COM 879080109 36 1400 SH SOLE 0 0 1400
TOKIO MARINE & FIRE INSURANCE ADR 889090403 16060 286130 SH SOLE 129155 0 156975
TOOTSIE ROLL INDUSTRIES COM 890516107 11 282 SH SOLE 0 0 282
TOWN & COUNTRY TR SH BEN 892081100 27 1500 SH SOLE 0 0 1500
VEECO INSTRUMENTS, INC. COM 922417100 51 1500 SH SOLE 0 0 1500
UNITED INVESTORS REALTY TRUST COM 910741107 35 4200 SH SOLE 0 0 4200
ULTRATECH STEPPER INC. COM 904034105 184 12200 SH SOLE 12200 0 0
WEIS MARKETS INC. COM 948849104 5753 147035 SH SOLE 75300 0 71735
WELLSFORD REALL PPTYS, INC. COM 950240101 48 4500 SH SOLE 0 0 4500
XIRCOM INC. COM 983922105 51 1700 SH SOLE 0 0 1700
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