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: GEORGE U. WYPER
Address: 350 PARK AVENUE, 13TH FL
NEW YORK, NY 10022
13 File Number: 28-7818
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 herin is true, correct, and complete, and
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: GEORGE U. WYPER
Title:
Phone: 212-419-1300
Signature, Place and Date of Signing:
GEORGE U. WYPER May 12, 1999
Report Type (Check only one.):
[ ] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[X ] 13F COMBINATION REPORT.
LIST OF OTHER MANAGERS REPORTING FOR THIS MANAGER:
FORM 13F FILE NUMBER: NAME:
28-UNKNOWN FUND AMERICAN ENTERPRISES HOLDINGS, INC.
ON BEHALF OF WHITE MOUNTAINS HOLDINGS
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 Managers: 1
Form 13F Information Table Entry Total: 103
Form 13F Information Table Value Total: 131217
List of Other Included Managers:
No. 13F File Number Name
01 28-7816 WYPER PARTNERS LLC*
*MR. WYPER EXERCISES INVESTMENT DISCRETION THROUGH WYPER PARTNERS, L.L.C. AND
WYPER CAPITAL MANAGEMENT,L.L.C. WYPER CAPITAL MANAGEMENT, L.L.C. DOES NOT
INDEPENDENTLY MANAGE 100,000,000 OR MORE IN 13F SECURITIES
<PAGE>
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FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x($1000) PRN AMT PRN CALL DISCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- -------- --------- -------- -------- --------
D ALLMERICA FINL CORP COM COMMON STOCK 019754100 1231 22358 SH SOLE 1 22358 0 0
D ALLMERICA FINL CORP COM COMMON STOCK 019754100 329 5966 SH SOLE 4846 0 1120
D AMER HOME PRODS CORP COM COMMON STOCK 026609107 978 15000 SH SOLE 1 15000 0 0
D ANHEUSER BUSCH COS INC COM COMMON STOCK 035229103 1104 14500 SH SOLE 10657 0 3843
D AON CORP COMMON STOCK 037389103 2371 37500 SH SOLE 1 37500 0 0
D AVERY DENNISON CORP COM COMMON STOCK 053611109 1283 22314 SH SOLE 1 22314 0 0
D AVERY DENNISON CORP COM COMMON STOCK 053611109 650 11302 SH SOLE 10829 0 473
D BANK UTD CORP CL A COM COMMON STOCK 065412108 1246 30481 SH SOLE 1 30481 0 0
D BANK UTD CORP CL A COM COMMON STOCK 065412108 228 5586 SH SOLE 4531 0 1055
D BEAR STEARNS COS INC USD1 COM COMMON STOCK 073902108 804 18000 SH SOLE 1 18000 0 0
D BERKLEY W R CORP COM COMMON STOCK 084423102 1837 75000 SH SOLE 1 75000 0 0
D BERKSHIRE HATHAWAY INC CLASS B COMMON STOCK 084670207 15754 6701 SH SOLE 1 6701 0 0
D BERKSHIRE HATHAWAY INC CLASS B COMMON STOCK 084670207 1712 728 SH SOLE 451 0 277
D BLOCK H & R INC COM COMMON STOCK 093671105 682 14386 SH SOLE 14386 0 0
D BLYTH INDUSTRIES INC USD.02 C COMMON STOCK 09643P108 2551 108000 SH SOLE 1 108000 0 0
D BRISTOL MYERS SQUIBB CO USD.10 COMMON STOCK 110122108 962 15000 SH SOLE 15000 0 0
D CHUBB CORP COM COMMON STOCK 171232101 857 14636 SH SOLE 1 14636 0 0
D CHUBB CORP COM COMMON STOCK 171232101 1134 19364 SH SOLE 14664 0 4700
D CITATION CORP COM COMMON STOCK 172895104 277 27011 SH SOLE 1 27011 0 0
D CITATION CORP COM COMMON STOCK 172895104 32 3127 SH SOLE 1751 0 1376
D COMMERCE GROUP INC MASS COM COMMON STOCK 200641108 1350 55000 SH SOLE 1 55000 0 0
D CONEXANT SYSTEMS INC COM STK COMMON STOCK 207142100 332 12000 SH SOLE 1 12000 0 0
D DATA GEN CORP COM COMMON STOCK 237688106 253 25000 SH SOLE 1 25000 0 0
D DELL COMPUTER CORP COM COMMON STOCK 247025109 408 10000 SH SOLE 1 10000 0 0
D DELTA AIR LINES INC COM COMMON STOCK 247361108 2085 30000 SH SOLE 1 30000 0 0
D DIXON TICONDEROGA CO COM COMMON STOCK 255860108 630 59300 SH SOLE 1 59300 0 0
D DRS TECHNOLOGIES INC COM COMMON STOCK 23330X100 436 54555 SH SOLE 1 54555 0 0
D DRS TECHNOLOGIES INC COM COMMON STOCK 23330X100 55 6885 SH SOLE 4380 0 2505
D ECHOSTAR COMMUNICATIONS CORP COMMON STOCK 278762109 4815 59000 SH SOLE 1 59000 0 0
D ESAT TELECOM GROUP PLC ADR ADRS STOCKS 26883Y102 1633 38991 SH SOLE 1 38991 0 0
D ESAT TELECOM GROUP PLC ADR ADRS STOCKS 26883Y102 123 2946 SH SOLE 2441 0 505
D FINANCIAL SECURITY ASSURANCE H COMMON STOCK 31769P100 3045 61364 SH SOLE 1 61364 0 0
D FINANCIAL SECURITY ASSURANCE H COMMON STOCK 31769P100 371 7486 SH SOLE 3677 0 3809
D FRANKLIN RES INC COM COMMON STOCK 354613101 647 23000 SH SOLE 18000 0 5000
D GRAY COMMUNICATIONS SYS INC CL COMMON STOCK 389190208 134 10000 SH SOLE 1 10000 0 0
D GRAY COMMUNICATIONS SYS INC CL COMMON STOCK 389190208 261 19500 SH SOLE 13500 0 6000
D GULF CANADA RESOURCE S LTD CAD COMMON STOCK 40218L305 2701 1004932 SH SOLE 1 1004932 0 0
D GULF CANADA RESOURCE S LTD CAD COMMON STOCK 40218L305 389 144564 SH SOLE 95527 0 49037
D GYMBOREE CORP COM COMMON STOCK 403777105 330 37000 SH SOLE 1 37000 0 0
D HARTFORD FIANANCIAL SERVICES G COMMON STOCK 416515104 568 10000 SH SOLE 7350 0 2650
D HEALTHSOUTH CORP COM COMMON STOCK 421924101 527 50779 SH SOLE 45271 0 5508
D HEALTHSOUTH CORP COM COMMON STOCK 421924101 2604 250940 SH SOLE 1 250940 0 0
D HOME DEPOT INC COM COMMON STOCK 437076102 232 3723 SH SOLE 741 0 2982
D HOME DEPOT INC COM COMMON STOCK 437076102 723 11607 SH SOLE 1 11607 0 0
D INTERGRAPH CORP COM COMMON STOCK 458683109 505 74843 SH SOLE 1 74843 0 0
D INTERGRAPH CORP COM COMMON STOCK 458683109 22 3294 SH SOLE 2050 0 1244
D INTL BUSINESS MACHS CORP COM COMMON STOCK 459200101 304 1714 SH SOLE 1 1714 0 0
D INTL BUSINESS MACHS CORP COM COMMON STOCK 459200101 939 5299 SH SOLE 4108 0 1191
D IXC COMMUNICATIONS INC COM COMMON STOCK 450713102 2165 47200 SH SOLE 1 47200 0 0
D JOHNSON & JOHNSON COM COMMON STOCK 478160104 2709 28968 SH SOLE 1 28968 0 0
D JOHNSON & JOHNSON COM COMMON STOCK 478160104 830 8880 SH SOLE 7443 0 1437
D KANSAS CITY SOUTHN INDS INC CO COMMON STOCK 485170104 510 8940 SH SOLE 6000 0 2940
D KANSAS CITY SOUTHN INDS INC CO COMMON STOCK 485170104 2588 45410 SH SOLE 1 45410 0 0
D LIBERTY FINL CO INC COM COMMON STOCK 530512102 445 18905 SH SOLE 1 18905 0 0
D LIBERTY FINL CO INC COM COMMON STOCK 530512102 58 2474 SH SOLE 1393 0 1081
D LOEWS CORP COM COMMON STOCK 540424108 1231 16500 SH SOLE 1 16500 0 0
D LYCOS INC COM COMMON STOCK 550818108 645 7500 SH SOLE 7500 0 0
D MCDONALDS CORP COM NPV COMMON STOCK 580135101 496 10950 SH SOLE 9458 0 1492
D MCDONALDS CORP COM NPV COMMON STOCK 580135101 1351 29814 SH SOLE 1 29814 0 0
D MEDIAONE GROUP INC COM STK COMMON STOCK 58440J104 3806 60000 SH SOLE 1 60000 0 0
D MICROSOFT CORP COM COMMON STOCK 594918104 2688 30000 SH SOLE 1 30000 0 0
D MONRO MUFFLER BRAKE INC COMMON STOCK 610236101 612 86000 SH SOLE 1 86000 0 0
D MORGAN J P & CO INC COM COMMON STOCK 616880100 2986 24203 SH SOLE 1 24203 0 0
D MORGAN J P & CO INC COM COMMON STOCK 616880100 283 2297 SH SOLE 1915 0 382
D NAC RE CORP COM COMMON STOCK 628907107 503 9362 SH SOLE 1 9362 0 0
D NAC RE CORP COM COMMON STOCK 628907107 34 638 SH SOLE 174 0 464
D NEWMONT MINING CORP USD1.6 COM COMMON STOCK 651639106 1312 75000 SH SOLE 1 75000 0 0
D NORRELL CORP GA COM COMMON STOCK 656301108 2090 160000 SH SOLE 120792 0 39208
D NOVELL INC COM COMMON STOCK 670006105 604 24000 SH SOLE 1 24000 0 0
D PENNZENERGY COMPANY COM COMMON STOCK 70931Q109 1614 153756 SH SOLE 1 153756 0 0
D PENNZENERGY COMPANY COM COMMON STOCK 70931Q109 50 4744 SH SOLE 4744 0 0
D PENNZOIL-QUAKER STATE CO COMMON STOCK 709323109 1726 139500 SH SOLE 1 139500 0 0
D PEOPLES HERITAGE SVGS BK PORTL COMMON STOCK 711147108 681 37854 SH SOLE 1 37854 0 0
D PEOPLES HERITAGE SVGS BK PORTL COMMON STOCK 711147108 77 4305 SH SOLE 2411 0 1894
D PITTSTON BRINK'S GROUP COM COMMON STOCK 725T01106 588 25000 SH SOLE 18375 0 6625
D PRICELINE COM INC COMMON STOCK 741503106 414 5000 SH SOLE 2200 0 2800
D QUALCOMM INC COM COMMON STOCK 747525103 2985 24000 SH SOLE 1 24000 0 0
D RELIASTAR FINL CORP COM COMMON STOCK 75952U103 2187 51297 SH SOLE 1 51297 0 0
D RELIASTAR FINL CORP COM COMMON STOCK 75952U103 51 1203 SH SOLE 0 0 1203
D REYNOLDS METALS CO COMMON STOCK 761763101 3575 74000 SH SOLE 1 74000 0 0
D SECURITY CAPITAL GROUP B INC C COMMON STOCK 81413P204 416 31103 SH SOLE 1 31103 0 0
D SECURITY CAPITAL GROUP B INC C COMMON STOCK 81413P204 88 6565 SH SOLE 6565 0 0
D SHAW COMMUNICATIONS INC CL-B COMMON STOCK 82028K200 4405 136852 SH SOLE 1 136852 0 0
D SHAW COMMUNICATIONS INC CL-B COMMON STOCK 82028K200 551 17113 SH SOLE 14746 0 2367
D SMUCKER J M CO COMMON STOCK 832696108 976 55002 SH SOLE 1 55002 0 0
D SMUCKER J M CO COMMON STOCK 832696108 163 9211 SH SOLE 7723 0 1488
D SMUCKER J M CO CL B NON VTG COMMON STOCK 832696207 1072 48035 SH SOLE 1 48035 0 0
D SMUCKER J M CO CL B NON VTG COMMON STOCK 832696207 167 7479 SH SOLE 5683 0 1796
D TELKOM PT ADR REPRESENTING 20 ADRS STOCKS 715684106 619 97165 SH SOLE 1 97165 0 0
D TELKOM PT ADR REPRESENTING 20 ADRS STOCKS 715684106 50 7835 SH SOLE 7835 0 0
D TERRA NOVA (BERMUDA) HOLDS LTD COMMON STOCK G87615103 2940 134400 SH SOLE 1 134400 0 0
D TOYS R US COMMON STOCK 892335100 1251 66500 SH SOLE 1 66500 0 0
D TOYS R US COMMON STOCK 892335100 3401 180800 SH SOLE 134088 0 46712
D UBS AG COMMON STOCK 90261R105 821 52265 SH SOLE 1 52265 0 0
D UBS AG COMMON STOCK 90261R105 313 19940 SH SOLE 18074 0 1866
D UCAR INTL INC COM COMMON STOCK 90262K109 525 37158 SH SOLE 29835 0 7323
D UCAR INTL INC COM COMMON STOCK 90262K109 3157 223478 SH SOLE 1 223478 0 0
D UNION CARBIDE CORP COM COMMON STOCK 905581104 1401 31000 SH SOLE 22785 0 8215
D UNIONBANCAL CORP COM STK COMMON STOCK 908906100 340 10000 SH SOLE 1 3500 0 6500
D US AIRWAYS GROUP INC COM COMMON STOCK 911905107 634 13000 SH SOLE 1 13000 0 0
D VARIAN ASSOC INC ** SEE CUSIP COMMON STOCK 922204102 775 20000 SH SOLE 14700 0 5300
D WADDELL & REED FINANCIAL INC COMMON STOCK 930059100 325 15854 SH SOLE 10383 0 5471
D WADDELL & REED FINANCIAL INC COMMON STOCK 930059100 2475 120725 SH SOLE 1 120725 0 0
S REPORT SUMMARY 103 DATA RECORDS 131217 1 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
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