UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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 new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Seth Tobias
Address: 153 East 53rd Street
Suite 4801
New York, NY 10022
13F File Number: 028-03469
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: Seth Tobias
Title: Manager
Phone: 212-521-5050
Signature, Place, and Date of Signing:
/s/ S. Tobias New York, NY 8-11-99
(Signature) (City, State) (Date)
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting 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 Manager 0
Form 13F Information Table Entry 93
Form 13F Information Table Value $192,731
List of Other Included Managers: None
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FORM 13F-HR
qtr ending 6/30/99
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COL 7 COLUMN 8
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VALUE SHRS OR SH/ PUT/ INV. DISCR. VOT AUTHOR.
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL SOLE SHRD OTH MGR SOLE SHRD NONE
<S> <C> <C> <C> <C> <C> <C> <C>
Abovenet Communications OTC IS 003743101 1838 50000 SH x 50000
Apria Healthcare Group Inc COMMON 037933108 1944 119600 SH x 119600
Standard Aotumotive COMMON 853097103 1800 100000 SH x 100000
American Home Products COMMON 026609107 861 15000 SH x 15000
Alacatel Alsthom COMMON 013904305 1703 60000 SH x 60000
Amgen Inc. OTC IS 031162100 2148 35000 SH x 35000
AnnTaylor Stores Corp. COMMON 036115103 900 20000 SH x 20000
Atmel Corp. OTC IS 049513104 1309 50000 SH x 50000
American Express Co COMMON 025816109 4710 40000 SH x 40000
Best Buy Company Inc. COMMON 086516101 338 5000 SH x 5000
Baker Hughes Inc. COMMON 057224107 1675 50000 SH x 50000
BJ Services COMMON 055482103 1178 40000 SH x 40000
BP Amoco PLC COMMON 055622104 4340 40000 SH x 40000
Brooktrout Technology Inc. OTC IS 114580103 377 23500 SH x 23500
Anheuser Busch Companies COMMON 035229103 709 10000 SH x 10000
Citigroup Inc. COMMON 172967101 7600 160000 SH x 160000
Cooper Cameron Corp. COMMON 216640102 1853 50000 SH x 50000
Creative Biomolecules Inc. OTC IS 225270107 580 160000 SH x 160000
CBS Corp. COMMON 12490K107 218 5000 SH x 5000
Circuit City Stores COMMON 172737108 1860 20000 SH x 20000
Cendant Corp. COMMON 151313103 3075 150000 SH x 150000
Champion Intl. Corp. COMMON 158525105 479 10000 SH x 10000
Chevron corp COMMON 166751107 3803 40000 SH x 40000
Centocor Inc OTC IS 152342101 466 10000 SH x 10000
Checkfree Corporation OTC IS 162816102 827 30000 SH x 30000
Compaq Computer Corp COMMON 204493100 6338 200000 SH x 200000
DBS Industries Inc New OTC IS 233041300 281 100000 SH x 100000
Donaldson Lufkin & J..Direct COMMON 257661504 2213 75000 SH x 75000
Donaldson Lufkin & Jenrette COMMON 257661108 3615 60000 SH x 60000
Diamond Offshore COMMON 25271C102 1986 70000 SH x 70000
Dura Pharmaceuticals Inc. OTC IS 26632S109 298 25000 SH x 25000
E-Loan Inc. OTC IS 26861P107 1157 30000 SH x 30000
E trade Group Inc. OTC IS 269246104 399 10000 SH x 10000
Ensco International Inc. COMMON 26874Q100 1380 69200 SH x 69200
Federated Department Stores COMMON 31410H101 2647 50000 SH x 50000
R&B Falcon Corp COMMON 74912E101 3281 350000 SH x 350000
Sprint COMMON 852061100 1060 20000 SH x 20000
Global Crossing Ltd OTC IS G3921A100 3572 83800 SH x 83800
Genzyme Corp OTC IS 372917104 1334 27500 SH x 27500
General Instrument Corp COMMON 370120107 3400 80000 SH x 80000
Goldman Sachs Group Inc. COMMON 38141G104 2755 38000 SH x 38000
Grey Wolf Inc. COMMON 397888108 1472 588900 SH x 588900
Halliburton Co COMMON 406216101 2263 50000 SH x 50000
Homestake Mining Co. COMMON 437614100 819 100000 SH x 100000
Homeseekers.com Inc. OTC IS 437614100 119 25000 SH x 25000
Homeseekers.com-pvt place. OTC IS 437605108 713 150000 SH x 150000
Igen Inc. OTC IS 449536101 1893 65000 SH x 65000
Intertan Inc. COMMON 461120107 2500 125000 SH x 125000
Jagnotesom Inc. OTC IS 47008C106 225 31000 SH x 31000
Jagnotes.Com Inc. pvt.
Pl. restr. OTC IS 47008C106 1390 347600 SH x 247600
Eli Liily & Co. COMMON 532457108 2149 30000 SH x 30000
Lowes Co. COMMON 548661107 794 14000 SH x 14000
Mattel Inc. COMMON 577081102 1045 40000 SH x 40000
Merrill Lynch & Co. Inc. COMMON 590188108 4770 60000 SH x 60000
Merck & Co. COMMON 589331107 920 12500 SH x 12500
Marine Drilling Companies COMMON 568240201 1794 131100 SH x 131100
Morgan Stanley Dean Witter COMMON 617446448 5901 57500 SH x 57500
Nabors Industries Inc. COMMON 629568106 1950 80000 SH x 80000
Newmont Mining Corp. COMMON 651639106 1491 75000 SH x 75000
Nike Inc. Cl. B COMMON 654106103 2155 34000 SH x 34000
Pairgain Technologies Inc. OTC IS 695934109 1035 90000 SH x 90000
Asia Pulp and Paper Co. LTD COMMON 04516V100 963 100000 SH x 100000
The Pepsi Bottling Group Inc.COMMON 713409100 4625 200000 SH x 200000
Pepsico Inc. COMMON 713448108 2515 65000 SH x 65000
Pharmacia & Upjohn COMMON 716341109 1420 25000 SH x 25000
Providian Financial Corp. COMMON 74406a102 5129 55000 SH x 55000
Qwest Communications Intl. OTC IS 749121109 331 10000 SH x 10000
Transocean Offshore Inc. COMMON 893817106 2231 85000 SH x 85000
Royal Olympic Cruise Lines OTC IS 780636106 413 143600 SH x 143600
Smithkline Beechman Plc COMMON 832378301 661 10000 SH x 10000
Schwab Charles Corp.New COMMON 808513105 1090 10000 SH x 10000
Santa Cruz Operation Inc. OTC IS 801833104 240 36700 SH x 36700
Santa Fe Intl COMMON G7805C108 1208 52500 SH x 52500
Schering Plough Corp. COMMON 806605101 525 10000 SH x 10000
Smith International inc. COMMON 832110100 1998 46000 SH x 46000
Saks Inc. COMMON 79377W108 1444 50000 SH x 50000
Sky Lynx Inc.-pvt.pl. COMMON 500 500000 SH x 500000
Schlumberger Ltd COMMON 806857108 3821 60000 SH x 60000
Synetic Inc. OTC IS 87160F109 1719 25000 SH x 25000
Strategic Global Comm. OTC IS 8.56E+107 303 25000 SH x 25000
Symantec Corp. OTC IS 871503108 1913 75000 SH x 75000
AT&T Corp. COMMON 001957109 4186 75000 SH x 75000
Tel-Save Holdings OTC IS 874264104 20220 1797300 SH x 1797300
TJX Companies Inc. COMMON 872540109 333 10000 SH x 10000
TheStreet.Com Inc. OTC IS 88368Q103 1800 50000 SH x 50000
Crown Castle Intl Corp. OTC IS 228227104 3122 150000 SH x 150000
Time Warner Inc. COMMON 887315109 726 10000 SH x 10000
Texaco Inc. COMMON 881694103 749 12000 SH x 12000
Tyco International LTD COMMON 902124106 5685 60000 SH x 60000
Vanguard Tech. Pfd. Series B pvt placement 1100 2707549 SH x 2707549
MCI Worldcom Inc. OTC IS 55268B106 2582 30000 SH x 30000
Warner Lambert Co. COMMON 934488107 691 10000 SH x 10000
Venator Group COMMON 922944103 783 75000 SH x 75000
192,731
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