<PAGE>
I represent that I am authorized to submit this Form and that all
information in this Form and the attachments to it is true, correct and
complete, and I understand that all required items, statements and schedules are
integral parts of this Form and that the submission of any amendment represents
that all unamended items, statements and schedules remain true, correct and
complete as previously submitted.
I am signing this report as required by the Securities and Exchange Act of 1934.
<PAGE>
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
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
Form 13F File Number: 28-________
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 2-11-99
[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>
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 68
Form 13F Information Table Value Total: $114,889
(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
<PAGE>
SETH TOBIAS, MANAGER
DISCRETIONARY OWNERSHIP FOR 13F
AS OF DATE: DECEMBER 31, 1998
<TABLE>
<CAPTION>
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (X$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SH SOLE SHARED NONE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
D Autodesk Inc. OTC IS 052769106 1281 30000 SH SOLE 30000 0 0
D Agouron Pharmaceuticals Inc OTC IS 008488108 2350 40000 SH SOLE 40000 0 0
D Standard Aotumotive COM 853097103 978 115100 SH SOLE 115100 0 0
D Allou Health & Beauty Care COM 019782101 215 20000 SH SOLE 20000 0 0
D Chancellor Media OTC IS 158915108 1711 35000 SH SOLE 35000 0 0
D AMR Corp. Del-w/rts COM 001765106 1188 20000 SH SOLE 20000 0 0
D AnnTaylor Stores Corp COM 036115103 670 17000 SH SOLE 17000 0 0
D Alza Corp COM 022615108 2090 40000 SH SOLE 40000 0 0
D Boeing Co COM 097023105 245 7500 SH SOLE 7500 0 0
D BankAmerica Corp COM 06605F102 902 15000 SH SOLE 15000 0 0
D Borders Group Inc. COM 099709107 2940 117900 SH SOLE 117900 0 0
D Anhauser Busch Companies COM 035229103 3117 47500 SH SOLE 47500 0 0
D Continental Airlines Inc.-B COM 210795308 1340 40000 SH SOLE 40000 0 0
D Cambridge Technology Partners COM 132524109 1106 50000 SH SOLE 50000 0 0
D Chevron Corp COM 166751107 207 2500 SH SOLE 2500 0 0
D Claires Stores Inc. COM 179584107 718 35000 SH SOLE 35000 0 0
D Computer literacy Inc. OTC IS 20520N108 269 20000 SH SOLE 20000 0 0
D Centocor Inc OTC IS 152342101 1128 25000 SH SOLE 25000 0 0
D 3 Com Corp. OTC IS 885535104 1344 30000 SH SOLE 30000 0 0
D Compaq Computer Corp COM 204493100 1386 33000 SH SOLE 33000 0 0
D CompUSA Inc. COM 204932107 1306 100000 SH SOLE 100000 0 0
D Donaldson Lfkin & Jenrett COM 257661108 1640 40000 SH SOLE 40000 0 0
D Enron Oil & Gas Co. COM 293562104 173 10000 SH SOLE 10000 0 0
D Federated department stores COM 31410H101 2178 50000 SH SOLE 50000 0 0
D Fort James Corporation COM 347471104 600 15000 SH SOLE 15000 0 0
D R & B Falcon Corp. COM 74912E101 756 100000 SH SOLE 100000 0 0
D Fleet Financial Group Inc. COM 338915101 1341 30000 SH SOLE 30000 0 0
D Fore Systems Inc. OTC IS 345449102 1670 91200 SH SOLE 91200 0 0
D Global Crossing Ltd. OTC IS G3921A100 3159 70000 SH SOLE 70000 0 0
D Georgia Pacific Corp w/rts COM 373298108 878 15000 SH SOLE 15000 0 0
D Halliburton Co. COM 406216101 1185 40000 SH SOLE 40000 0 0
D Hutchinson Technology Inc. OTC IS 448407106 534 15000 SH SOLE 15000 0 0
D Hewlett Packard Co. COM 428236103 2733 40000 SH SOLE 40000 0 0
D Idec Pharmaceuticals Corp. OTC IS 449370105 2660 56600 SH SOLE 56600 0 0
D Igen Inc. OTC IS 449536101 919 30000 SH SOLE 30000 0 0
D Infinity Broadcasting Corp. COM 45662S102 1095 40000 SH SOLE 40000 0 0
D Ingersoll Rand Co. COM 456866102 2363 50000 SH SOLE 50000 0 0
D Lehman brothers Holdings COM 524908100 1542 35000 SH SOLE 35000 0 0
D Mellon Bank Corp. COM 585509102 2063 30000 SH SOLE 30000 0 0
D Monsanto Co. w/rts to pur COM 611662107 238 5000 SH SOLE 5000 0 0
D Micron Electronics Inc. OTC IS 595100108 433 25000 SH SOLE 25000 0 0
D National Media Corp. COM 636919102 321 30000 SH SOLE 30000 0 0
D Banc One Corp. COM 06423A103 511 10000 SH SOLE 10000 0 0
D Oxford Health Plans Inc. OTC IS 691471106 1488 100000 SH SOLE 100000 0 0
D Pepsico Inc-North Carolin COM 713448108 1226 30000 SH SOLE 30000 0 0
D First USA-Paymentech Inc. COM 704384106 1991 105500 SH SOLE 105500 0 0
D Paine Webber Group Inc. COM 695629105 386 10000 SH SOLE 10000 0 0
D Read Rite Corp. OTC IS 755246105 1256 85000 SH SOLE 85000 0 0
D ***Royal Olympic Cruise OTC IS 780636106 683 202500 SH SOLE 202500 0 0
D Sequus Pharmaceuticals OTC IS 817471105 405 20000 SH SOLE 20000 0 0
D S3 Inc. OTC IS 784849101 110 15000 SH SOLE 15000 0 0
D Saks Inc. COM 79377W108 789 25000 SH SOLE 25000 0 0
D ***Schlumberger Ltd COM 806857108 1391 30000 SH SOLE 30000 0 0
D Sequent Computer Systems OTC IS 817338106 181 15000 SH SOLE 15000 0 0
D Symantec Corp. OTC IS 871503108 1470 67600 SH SOLE 67600 0 0
D AT&T Corp COM 001957109 4734 62500 SH SOLE 62500 0 0
D Tel-Save Holdings OTC IS 879176105 31199 1862600 SH SOLE 1862600 0 0
D Ticketmaster-Online Cty-Search OTC IS 88633P203 280 5000 SH SOLE 5000 0 0
D Texaco Inc. COM 881694103 530 10000 SH SOLE 10000 0 0
D Texas Biotechnology Corp. COM 88221T104 153 31000 SH SOLE 31000 0 0
D USWeb Corp. OTC IS 917327108 528 20000 SH SOLE 20000 0 0
D Vanguard Tech Ser Prf B 1100 2707549 SH SOLE 2707549 0 0
D Wendys Intl. Inc. COM 950590109 2399 110000 SH SOLE 110000 0 0
D Warner Lambert Co. COM 934488107 3684 49000 SH SOLE 49000 0 0
D Willamette Industries Inc. COM 969133107 503 15000 SH SOLE 15000 0 0
D Wet Seal Inc. Cl A OTC IS 961840105 906 30000 SH SOLE 30000 0 0
D Wolverine World Wide Inc. COM 978097103 331 25000 SH SOLE 25000 0 0
D Excite Inc. OTC IS 300904109 1683 40000 SH SOLE 40000 0 0
S REPORT SUMMARY 68 DATA RECORDS 114,889 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
</TABLE>
