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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 2000
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Check here if Amendment [ ]; Amendment Number: _____
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Ulysses Offshore Fund, Ltd.
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Address: Harbour Centre, 2nd Floor, P.O. Box 896
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George Town, Grand Cayman, Cayman Islands, B.W.I.
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Form 13F File Number: 28-6860
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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: Ulysses Management Offshore, LLC by Joshua Nash, Manager
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Title: Manager
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Phone: 212-455-6200
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Signature, Place, and Date of Signing:
/s/ Joshua Nash New York 11/14/00
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(Signature) (City, State) (Date)
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report, and
all holdings are reported by other reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported by
other reporting manager(s).)
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
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Form 13F Information Table Entry Total: 33
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Form 13F Information Table Value Total: $ 165,230
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(in thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
NONE
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ULYSSES OFFSHORE FUND, LTD.
S.E.C. FORM 13F
FOR QUARTER ENDED SEPTEMBER 30, 2000
<TABLE>
<CAPTION>
ITEM 5:
ITEM 2: ITEM 3: ITEM 4: Shares or
ITEM 1: Title of Cusip Fair Principal
Name of Issuer Class Number Market Value Amount
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<S> <C> <C> <C> <C>
AMER TEL & TEL COMMON STOCK 001957109 2,737,750 93,200
LIBERTY MEDIA CORP. COM LIB GRP A 001957208 5,486,400 304,800
ASSOCIATES FIRST CAPITAL CL A 046008108 7,721,600 203,200
BERKSHIRE HATHAWAY CL B CL B 084670207 6,417,000 3,100
BESTFOODS COMMON STOCK 08658U101 6,154,650 84,600
C CUBE MICROSYSTEMS COMMON STOCK 12501N108 2,761,350 134,700
CABLEVISION SYSTEMS CL A 12686C109 15,603,331 235,300
CHASE MANHATTAN CORP COMMON STOCK 16161A108 4,688,031 101,500
COMMSCOPE COMMON STOCK 203372107 3,525,550 143,900
CONSECO COMMON STOCK 208464107 2,581,825 338,600 PUT
ENERGIZER HOLDINGS COMMON STOCK 29266R108 705,600 28,800
EXXON MOBIL CORP. COMMON STOCK 30231G102 7,272,600 81,600
GEMSTAR-TV GUIDE INTL COMMON STOCK 36866W106 6,034,508 69,213
GILLETTE CO. COMMON STOCK 375766102 2,608,938 84,500
HARCOURT GENERAL COMMON STOCK 41163G101 212,400 3,600
IMS HEALTH INC. COMMON STOCK 449934108 1,052,025 50,700
LIBERTY DIGITAL INC. CL A 530436104 1,342,575 66,300
MICROSOFT CORP COMMON STOCK 594918104 3,566,800 59,200
MICROSOFT CORP COMMON STOCK 594918104 4,078,925 67,700 PUT
NABISCO CL A 629526104 4,187,125 77,900
NASDAQ 100 SHARES UNIT SER 1 UNIT SER 1 631100104 7,550,794 84,900
NET2PHONE INC. COMMON STOCK 64108N106 1,068,750 47,500
NEWS CORP.LTD.PFD. SP ADR PFD 652487802 20,718,750 442,000
PACIFICARE HEALTH COMMON STOCK 695112102 2,140,969 61,500 PUT
PARAMETRIC TECHNOLOGY COMMON STOCK 699173100 630,000 57,600
S&P DEPOS.RECEIPTS UNIT SER 1 78462F103 23,137,988 161,100
STAPLES COMMON STOCK 855030102 1,442,869 101,700
SUMMIT BANCORP INC. COMMON STOCK 866005101 1,752,600 50,800
SYBRON INTL. CORP. COMMON STOCK 87114F106 3,374,400 140,600
US BANCORP COMMON STOCK 902973106 3,849,300 169,200
WORLDCOM INC COMMON STOCK 98157D106 5,920,088 194,900
YAHOO COMMON STOCK 984332106 1,838,200 20,200
YAHOO COMMON STOCK 984332106 3,066,700 33,700 PUT
165,230,390.75
Table continued...
<PAGE>
ULYSSES OFFSHORE FUND, LTD.
S.E.C. FORM 13F
FOR QUARTER ENDED SEPTEMBER 30, 2000
ITEM 6: ITEM 8:
INVESTMENT DISCRETION VOTING AUTHORITY SHARES
(b) Shares ITEM 7:
ITEM 1: as Defined (c) Shared Managers
Name of Issuer (a) Sole in Instr. V Other See Instr.V (a) Sole (b) Shared (c) None
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<S> <C> <C> <C> <C> <C> <C> <C>
AMER TEL & TEL X X
LIBERTY MEDIA CORP. X X
ASSOCIATES FIRST CAPITAL X X
BERKSHIRE HATHAWAY CL B X X
BESTFOODS X X
C CUBE MICROSYSTEMS X X
CABLEVISION SYSTEMS X X
CHASE MANHATTAN CORP X X
COMMSCOPE X X
CONSECO X X
ENERGIZER HOLDINGS X X
EXXON MOBIL CORP. X X
GEMSTAR-TV GUIDE INTL X X
GILLETTE CO. X X
HARCOURT GENERAL X X
IMS HEALTH INC. X X
LIBERTY DIGITAL INC. X X
MICROSOFT CORP X X
MICROSOFT CORP X X
NABISCO X X
NASDAQ 100 SHARES UNIT SER 1 X X
NET2PHONE INC. X X
NEWS CORP.LTD.PFD. X X
PACIFICARE HEALTH X X
PARAMETRIC TECHNOLOGY X X
S&P DEPOS.RECEIPTS X X
STAPLES X X
SUMMIT BANCORP INC. X X
SYBRON INTL. CORP. X X
US BANCORP X X
WORLDCOM INC X X
YAHOO X X
YAHOO X X
</TABLE>
