UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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 new holdings entries.
Institutional Investment Manager Filing this Report:
Name: DCF Capital, L.L.C.
--------------------------------------------------
Address: 660 Steamboat Road
--------------------------------------------------
Greenwich, Connecticutt 06830
--------------------------------------------------
--------------------------------------------------
Form 13F File Number: 28-7546
------------------
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: Douglas C. Floren
--------------------------------------------------
Title: Managing Member
--------------------------------------------------
Phone: (203) 618-1601
--------------------------------------------------
Signature, Place, and Date of Signing:
/s/ Douglas C. Floren Greenwich, Connecticut 5/14/99
------------------------ ------------------------------ ----------
[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).)
List of Other Managers Reporting for this Manager:
NONE
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
-------------
Form 13F Information Table Entry Total: 38
-------------
Form 13F Information Table Value Total: $124,219
-------------
(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>
<TABLE>
<CAPTION>
Form 13F INFORMATION TABLE
<C> <C> <C> <C> <C> <C> <C> <C>
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
- --------------------------------- -------------- --------- -------- ----------------- ---------- -------- --------------------------
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
- --------------------------------- -------------- --------- -------- -------- --- ---- ---------- -------- -------- -------- --------
Abgenix Inc. Common Stock 00339B107 1,400 100,000 SH sole 100,000
- ------------------------------------------------------------------------------------------------------------------------------------
Advanced Neuromodulation Sys. Common Stock 00757T101 878 132,500 SH sole 132,500
- ------------------------------------------------------------------------------------------------------------------------------------
Alza Corp. Del. Common Stock 022615108 2,438 64,800 SH sole 64,800
- ------------------------------------------------------------------------------------------------------------------------------------
Amgen Inc. Common Stock 031162100 4,003 51,000 SH sole 51,000
- ------------------------------------------------------------------------------------------------------------------------------------
Biotime Inc. Common Stock 09066L105 1,957 118,379 SH sole 118,379
- ------------------------------------------------------------------------------------------------------------------------------------
Centocor Inc. Common Stock 152342101 5,463 147,680 SH sole 147,680
- ------------------------------------------------------------------------------------------------------------------------------------
Cephalon Inc. Common Stock 156708109 789 85,000 SH sole 85,000
- ------------------------------------------------------------------------------------------------------------------------------------
EP Medsystems Inc. Common Stock 26881P103 34 12,500 SH sole 12,500
- ------------------------------------------------------------------------------------------------------------------------------------
Endosonics Corp. Common Stock 29264K105 1,970 303,000 SH sole 303,000
- ------------------------------------------------------------------------------------------------------------------------------------
Enzon Inc. Common Stock 293904108 22,113 1,517,000 SH sole 1,517
- ------------------------------------------------------------------------------------------------------------------------------------
Exogen Inc. Common Stock 302092101 393 155,000 SH sole 155
- ------------------------------------------------------------------------------------------------------------------------------------
Geltex Pharmaceuticals Inc. Common Stock 368538104 631 42,500 SH sole 42,500
- ------------------------------------------------------------------------------------------------------------------------------------
Gilead Sciences Inc. Common Stock 375558103 5,194 116,400 SH sole 116,400
- ------------------------------------------------------------------------------------------------------------------------------------
Idec Pharmaceuticals Corp. Common Stock 449370105 5,653 111,700 SH sole 111,700
- ------------------------------------------------------------------------------------------------------------------------------------
Lilly Eli & Co. Common Stock 532457108 5,593 63,844 SH sole 63,844
- ------------------------------------------------------------------------------------------------------------------------------------
Liposome Co. Inc. Common Stock 536310105 2,459 188,182 SH sole 188,182
- ------------------------------------------------------------------------------------------------------------------------------------
LJL Biosystems Inc. Common Stock 501873103 1,364 355,600 SH sole 355,600
- ------------------------------------------------------------------------------------------------------------------------------------
MCI Worldcom Inc. Common Stock 55268B106 535 6,040 SH sole 6,040
- ------------------------------------------------------------------------------------------------------------------------------------
Macrochem Corp. Del. Common Stock 555903103 3,645 370,500 SH sole 370,500
- ------------------------------------------------------------------------------------------------------------------------------------
Medimmune Inc. Common Stock 584699102 5,034 84,800 SH sole 84,800
- ------------------------------------------------------------------------------------------------------------------------------------
Megabios Corp. Del. Common Stock 58515T102 592 145,498 SH sole 145,498
- ------------------------------------------------------------------------------------------------------------------------------------
Microsoft Corp. Common Stock 594918104 287 3,200 SH sole 3,200
- ------------------------------------------------------------------------------------------------------------------------------------
Millennium Pharmaceuticals Inc. Common Stock 599902103 1,670 52,000 SH sole 52,000
- ------------------------------------------------------------------------------------------------------------------------------------
Monsanto Company Common Stock 611662107 5,599 121,000 SH sole 121,000
- ------------------------------------------------------------------------------------------------------------------------------------
Myriad Genetics Inc. Common Stock 62855J104 808 90,900 SH sole 90,900
- ------------------------------------------------------------------------------------------------------------------------------------
Perkin Elmer Corp. Common Stock 714041100 3,278 34,500 SH sole 34,500
- ------------------------------------------------------------------------------------------------------------------------------------
St.Jude Med. Inc. Common Stock 790849103 1,459 59,000 SH sole 59,000
- ------------------------------------------------------------------------------------------------------------------------------------
Schering Plough Corp. Common Stock 806605101 3,773 67,000 SH sole 67,000
- ------------------------------------------------------------------------------------------------------------------------------------
Sepracor Inc. Common Stock 817315104 8,452 76,400 SH sole 76,400
- ------------------------------------------------------------------------------------------------------------------------------------
Sugen Inc. Common Stock 865041107 3,613 169,000 SH sole 169,000
- ------------------------------------------------------------------------------------------------------------------------------------
Transkaryotic Therapies Inc. Common Stock 893735100 1,146 34,800 SH sole 34,800
- ------------------------------------------------------------------------------------------------------------------------------------
U S Bioscience Inc. Common Stock 911646206 5,177 456,000 SH sole 456,000
- ------------------------------------------------------------------------------------------------------------------------------------
U S Bioscience Inc. Common Stock 9116469FA 325 500 SH CALL sole 500
- ------------------------------------------------------------------------------------------------------------------------------------
U S Bioscience Inc. Common Stock 9116469FB 921 1,070 SH CALL sole 1,070
- ------------------------------------------------------------------------------------------------------------------------------------
Vertex Pharmaceuticals Inc. Common Stock 92532F100 2,177 87,500 SH sole 87,500
- ------------------------------------------------------------------------------------------------------------------------------------
Visible Genetics Inc. Common Stock 92829S104 9,798 567,480 SH sole 567,480
- ------------------------------------------------------------------------------------------------------------------------------------
Warner Lambert Co. Common Stock 934488107 1,005 15,000 SH sole 15,000
- ------------------------------------------------------------------------------------------------------------------------------------
Xomed Surgical Prods. Inc. Common Stock 98412V107 2,593 64,500 SH sole 64,500
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
