FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 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 May 12, 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: 87
Form 13F Information Table Value Total: $238,605,000
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 1248 53522 SH SOLE 53522 0 0
ACUSON CORPORATION COM 005113105 965 64600 SH SOLE 64600 0 0
A.G. EDWARDS, INC. COM 281760108 20 600 SH SOLE 600 0 0
ALEXANDER & BALDWIN COM 014482103 5376 273950 SH SOLE 273950 0 0
ANALOGIC CORP. COM 032657207 562 17050 SH SOLE 17050 0 0
APPLIED MATERIALS, INC. COM 038222105 1888 30600 SH SOLE 30600 0 0
ASSOCIATES FIRST CAPITAL CORP. CL A 046008108 1692 37596 SH SOLE 37596 0 0
AMERICAN INTERNATIONAL GROUP COM 026874107 15 128 SH SOLE 128 0 0
AMERICAN PHYSICIANS SERVICES GROUP INC COM 028882108 98 43500 SH SOLE 43500 0 0
ADE CORP MASS COM 00089C107 1577 166000 SH SOLE 166000
ASTORIA FINANCIAL CORP. COM 046265104 2136 42725 SH SOLE 42725 0 0
AVATAR HOLDINGS, INC COM 053495100 1009 55300 SH SOLE 55300 0 0
AVX CORP COM 002444107 110 6900 SH SOLE 6900 0 0
BOSTON COMMUNICATIONS GROUP, INC. COM 100582105 335 34400 SH SOLE 34400 0 0
BEL FUSE INC. CL A 077347102 49 1200 SH SOLE 1200 0 0
BEL FUSE INC. CL B 077347300 37 1200 SH SOLE 1200 0 0
BRISTOL MYERS SQUIBB COM 110122108 26 400 SH SOLE 400 0 0
CABOT INDUSTRIAL TRUST COM 127072106 599 31750 SH SOLE 31750 0 0
CHRIS CRAFT INDUSTRIES COM 170520100 22 490 SH SOLE 490 0 0
CMAC INDUSTRIES COM 125662106 312 8000 SH SOLE 8000 0 0
C.P. CLARE CORP. COM 12615K107 573 158200 SH SOLE 158200 0 0
CAPITAL SOUTHWEST COM 140501107 496 6800 SH SOLE 6800 0 0
CITIGROUP, INC. COM 172967101 13 200 SH SOLE 200 0 0
CRAWFORD & CO. CL A 224633206 2 225 SH SOLE 225 0 0
CRAWFORD & CO. CL B 224633107 5 495 SH SOLE 495 0 0
CUMMINS ENGINE CO., INC. COM 231021106 1538 43240 SH SOLE 43240 0 0
DELTIC TIMBER CORP. COM 247850100 2280 96000 SH SOLE 96000 0 0
DATASCOPE CORP. COM 238113104 7025 260200 SH SOLE 260200 0 0
ECOLAB, INC. COM 278865100 68 1920 SH SOLE 1920 0 0
ELECTRO SCIENTIFIC INDUSTRIES COM 285229100 8927 191975 SH SOLE 191975 0 0
ELECTROGLAS INC. COM 285324109 6168 479050 SH SOLE 479050 0 0
ENHANCE FINANCIAL SERVICE GROUP, INC. COM 293310108 5500 239150 SH SOLE 239150 0 0
EVANS & SUTHERLAND COMPUTER CORP. COM 299096107 3783 315250 SH SOLE 315250 0 0
FORD MOTOR COMPANY COM 345370100 4123 72727 SH SOLE 72727 0 0
FIRST AMERICAN FINANCIAL CORP. COM 318522307 5939 375565 SH SOLE 375565 0 0
FOREST CITY ENTERPRISES, INC. CL A 345550107 9020 372900 SH SOLE 372900 0 0
FOREST CITY ENTERPRISES, INC. CL B 345550305 423 17700 SH SOLE 17700 0 0
FDX CORPORATION HOLDING COMPANY COM 31304N107 37 400 SH SOLE 400 0 0
FINANCIAL SECURITY ASSURANCE HOLDINGS COM 31769P100 17204 346678 SH SOLE 346678 0 0
FSI INTERNATIONAL, INC. COM 302633102 4524 754050 SH SOLE 754050 0 0
GLENAYRE TECHNOLOGIES, INC. COM 377899109 837 243450 SH SOLE 243450 0 0
GOLDEN STATE BANCORP, INC. COM 378507503 26 1170 SH SOLE 1170 0 0
GOLDEN STATE BANCORP, INC. WT EXP 378507131 6 1170 SH SOLE 1170 0 0
H&Q LIFE SCIENCES INVESTORS SH BEN 404053100 8 725 SH SOLE 725 0 0
HOLOGIC, INC. COM 436440101 3772 416220 SH SOLE 416220 0 0
IMPERIAL CREDIT COMMERCIAL COM 452729906 3560 369900 SH SOLE 369900 0 0
INTEL CORP, INC. COM 458140100 86 724 SH SOLE 724 0 0
JEFFRIES GROUP INC. COM 472318104 1700 35834 SH SOLE 35834 0 0
J&J SNACK FOODS CORP COM 466032109 860 42750 SH SOLE 42750 0 0
JOHN NUVEEN CL A 478035108 959 22900 SH SOLE 22900 0 0
KLA-TENCOR CORP. COM 482480100 758 15600 SH SOLE 15600 0 0
KNIGHT RIDDER INC. COM 499040103 16 320 SH SOLE 320 0 0
LIBERTY FINANCIAL COMPANIES INC. COM 530512102 13846 587625 SH SOLE 587625 0 0
LEGG MASON INC. COM 524901105 6517 193446 SH SOLE 193446 0 0
LEUCADIA NATIONAL CORP. COM 527288104 4589 151700 SH SOLE 151700 0 0
LNR PROPERTY, CORP. COM 501940100 6 300 SH SOLE 300 0 0
MBIA COM 55262C100 1899 32748 SH SOLE 32748 0 0
MELLON BANK CORP. COM 585509102 41 578 SH SOLE 578 0 0
MARSHALL & ISLEY CORPORATION COM 571834100 667 12030 SH SOLE 12030 0 0
NABORS INDUSTRIES COM 629568106 20906 1149450 SH SOLE 1149450 0 0
NATIONAL PRESTO COM 637215104 708 19965 SH SOLE 19965 0 0
NCR CORP. COM 62886E108 14205 284104 SH SOLE 284104 0 0
PALM HARBOR HOMES COM 696639103 34 1562 SH SOLE 1562 0 0
PLANAR SYSTEMS INC. COM 726900103 3285 427300 SH SOLE 427300 0 0
PREMARK SYSTEMS, INC. COM 740459102 7 200 SH SOLE 200 0 0
PROTOCOL SYSTEMS INC. COM 74371R106 67 11200 SH SOLE 11200 0 0
PXRE CORP. COM 693674103 7200 400 SH SOLE 400 0 0
RISK CAPITAL HOLDINGS INC. COM 767711104 10485 693225 SH SOLE 693225 0 0
RELIASTAR FINANCIAL CORP. COM 75952U103 934 21908 SH SOLE 21908 0 0
SAWAKO CORP. ADR 805444205 117 25200 SH SOLE 25200 0 0
SAFECO CORP. COM 786429100 3 80 SH SOLE 80 0 0
SBARRO INC. COM 805844107 20 750 SH SOLE 750 0 0
SPEEDFAM INTERNATIONAL, INC. COM 847706108 3812 317700 SH SOLE 317700 0 0
SCHERING PLOUGH CORP. COM 847706108 33 600 SH SOLE 600 0 0
SKYLINE CORP. COM 830830105 222 8000 SH SOLE 8000 0 0
STEWART INFORMATION SERVICES CORP. COM 860372101 4060 120959 SH SOLE 120959 0 0
ST. JUDE MEDICAL INC. COM 790849103 37 1500 SH SOLE 1500 0 0
ST. JOE CORP. COM 790148100 3407 140510 SH SOLE 140510 0 0
SILICON VALLEY GROUP, INC. COM 827066101 6987 567434 SH SOLE 567434 0 0
TECUMSEH PRODUCTS CO. CL A 878895200 4123 90875 SH SOLE 90875 0 0
TECUMSEH PRODUCTS CO. CL B 878895101 6153 120800 SH SOLE 120800 0 0
TEXAS MICRO INC. COM 88255T103 57 15000 SH SOLE 15000 0 0
TOKIO MARINE & FIRE INSURANCE ADR 889090403 17123 305080 SH SOLE 305080 0 0
TOOTSIE ROLL INDUSTRIES COM 890516107 13 274 SH SOLE 274 0 0
ULTRATECH STEPPER INC. COM 904034105 172 12200 SH SOLE 12200 0 0
WEIS MARKETS INC. COM 948849104 5810 159185 SH SOLE 159185 0 0
XIRCOM INC. COM 983922105 43 1700 SH SOLE 1700 0 0
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