UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 31, 1998
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Check here if Amendment |_|; Amendment Number: N/A
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This Amendment (Check only one.): |_| is a restatement.
|_| adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: S & E Partners, L.P.
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Address: 660 Madison Avenue, 20th Floor
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New York, NY 10021
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Form 13F File Number : 28- N/A
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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: Curtis Schenker
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Title: Chief Executive Officer
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Phone: 212-355-5600
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Signature, Place, and Date of Signing:
/s/ Curtis Schenker New York, NY 5/17/99
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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).)
<PAGE>
|_| 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) .)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name
28- N/A N/A
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[Repeat as necessary.]
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Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
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Form 13F Information Table Entry Total: 87
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Form 13F Information Table Value Total: $ 101,714
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(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.
[If there are no entries in this list, state "NONE" and omit the column
headings and list entries.]
No. Form 13F File Number Name
01 28-N/A Scoggin LLC
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[Repeat as necessary.]
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Quarter Ended 12/31/98
Form 13F Information Table
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<CAPTION>
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
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Voting
Value SHRS or SH/ Put/ Investment Other Authority
Name of Issuer Title of Class Cusip (x1000) PRN AMT PRN Call Discretion Managers Sole Shared None
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Amoco Company common 031904006 11,957 218,400 Sole Sole
Amoco Company common 031904006 8,136 148,600 Defined 01 Sole
AMP Inc. common 31897101 3,905 75,000 Sole Sole
AMP Inc. common 31897101 2,837 54,500 Defined 01 Sole
AMP May 50 common 091897EDC 268 550 Call Sole Sole
AMP May 50 common 091897EDC 219 450 Call Defined 01 Sole
ARV Assisted Living common 00204C107 707 115,500 Sole Sole
ARV Assisted Living common 00204C107 451 73,700 Defined 01 Sole
Big Flower Holdings common 89159107 825 37,400 Sole Sole
Big Flower Holdings common 89159107 602 27,300 Defined 01 Sole
Boeing Co common 97023105 1,831 50,000 Sole Sole
Boeing Co common 97023105 1,245 34,000 Defined 01 Sole
Brylane Inc. common 97023105 1,553 66,800 Sole Sole
Brylane Inc. common 97023105 1,042 44,800 Defined 01 Sole
CD Radio Inc. preferred 125127407 163 5,000 Sole Sole
CD Radio Inc. preferred 125127407 163 5,000 Defined 01 Sole
CE Franklin common 125151100 208 123,300 Defined 01 Sole
Coloumbus McKinnon common 199333105 2,282 129,500 Sole Sole
Coloumbus McKinnon common 199333105 1,486 84,300 Defined 01 Sole
Criimi Mae Inc. common 226603108 1,225 350,000 Sole Sole
Criimi Mae Inc. common 226603108 796 227,500 Defined 01 Sole
Cytec Industries common 232820100 744 35,000 Sole Sole
Cytec Industries common 232820100 531 25,000 Defined 01 Sole
EEX Corporation common 26842V207 350 50,000 Sole Sole
EEX Corporation common 26842V207 245 35,000 Defined 01 Sole
Federated High Yield Fund common 314197104 891 100,000 Sole Sole
Federated High Yield Fund common 314197104 624 70,000 Defined 01 Sole
General Re Corporation common 370563108 6,786 27,500 Sole Sole
General Re Corporation common 370563108 4,442 18,000 Defined 01 Sole
Globalstar Telecomm. common G65773106 1,009 50,000 Sole Sole
Globalstar Telecomm. common G65773106 707 35,000 Defined 01 Sole
Global Light Telecomm. common 37934X100 1,350 300,000 Sole Sole
Global Light Telecomm. common 37934X100 1,186 263,500 Defined 01 Sole
Highlands Insurance Group common 431032101 7 500 Defined 01 Sole
Interlake Corp common 458702107 295 42,500 Sole Sole
Interlake Corp common 458702107 278 40,000 Defined 01 Sole
Kasper A S L Ltd common 485808109 439 92,500 Sole Sole
Kasper A S L Ltd common 485808109 233 49,000 Defined 01 Sole
Kenetech Corp common 488878109 67 277,500 Sole Sole
Kenetech Corp common 488878109 53 219,500 Defined 01 Sole
Leslie Fay Co Inc common 527016109 255 38,500 Sole Sole
Leslie Fay Co Inc common 527016109 222 33,500 Defined 01 Sole
Marvel Entertainment common 57386M108 3,121 504,456 Sole Sole
Marvel Entertainment common 57386M108 2,572 415,667 Defined 01 Sole
Marvel Entertainment conv. pref 57383M207 1,710 244,327 Sole Sole
Marvel Entertainment conv. pref 57383M207 1,727 246,775 Defined 01 Sole
Nabisco common 629526104 189 4,550 Sole Sole
Nabisco common 629526104 430 10,350 Defined 01 Sole
Nordic Amer. Tanker Shipping common G65773106 315 27,388 Sole Sole
Nordic Amer. Tanker Shipping common G65773106 214 18,585 Defined 01 Sole
Oil Service Sector Index common F05599OSX 89 125 Call Sole Sole
Oil Service Sector Index common F05599OSX 53 75 Call Defined 01 Sole
Pharmaceutical Mktg common 717123103 719 50,000 Sole Sole
Pharmaceutical Mktg common 717123103 457 31,800 Defined 01 Sole
Philip Morris Co Inc common 718154107 535 10,000 Sole Sole
Philip Morris Co Inc common 718154107 321 6,000 Defined 01 Sole
Polo Ralph Lauren Corp. common 731572BAY 110 225 Call Sole Sole
Polo Ralph Lauren Corp. common 731572BAY 73 150 Call Defined 01 Sole
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Price Enterprises common 741444202 107 20,383 Sole Sole
Price Enterprises common 741444202 107 20,383 Defined 01 Sole
Price Enterprises preferred 741444301 1,416 102,500 Sole Sole
Price Enterprises preferred 741444301 1,416 102,500 Defined 01 Sole
Quickturn Design Sys common 74838E102 905 63,500 Sole Sole
Quickturn Design Sys common 74838E102 606 42,500 Defined 01 Sole
RJR Nabisco Holdings common 74960K876 5,270 177,500 Sole Sole
RJR Nabisco Holdings common 74960K876 3,963 133,500 Defined 01 Sole
RJR Nabisco Holdings common 74960KABW 219 500 Call Sole Sole
RJR Nabisco Holdings common 74960KABW 175 400 Call Defined 01 Sole
S&P 500 Index common M15599SPT 28 100 Put Sole Sole
S&P 500 Index common M15599SPT 17 60 Put Defined 01 Sole
S&P 500 Index common R15099SPT 1,103 225 Put Sole Sole
S&P 500 Index common R15099SPT 735 150 Put Defined 01 Sole
Tele-Communications common 87924V101 4,148 75,000 Sole Sole
Tele-Communications common 87924V101 2,766 50,000 Defined 01 Sole
Toy Biz Inc. common 892335OAZ 22 270 Put Sole Sole
Toy Biz Inc. common 892335OAZ 19 230 Put Defined 01 Sole
Toy Biz Inc. common 892335OBC 7 35 Put Sole Sole
Tyco International Ltd. common 902124106 566 7,500 Sole Sole
Tyco International Ltd. common 902124106 339 4,500 Defined 01 Sole
Tyco International Ltd. common 902124AFA 31 250 Call Sole Sole
Tyco International Ltd. common 902124AFA 25 200 Call Defined 01 Sole
Viskase Companies common 92831R102 159 38,500 Sole Sole
Viskase Companies common 92831R102 93 22,500 Defined 01 Sole
Whittaker Corp common 966680DBC 700 41,500 Sole Sole
Whittaker Corp common 966680DBC 491 29,100 Defined 01 Sole
XTRA Corporation common 984138107 621 15,000 Sole Sole
XTRA Corporation common 984138107 414 10000 Defined 01 Sole
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101,714
</TABLE>
