UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FROM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 1999
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing the Report:
Name: Northern Cross Investments, Ltd.
Address: 48 Par-La-Ville Road
Suite 577
Hamilton, Bermuda HM11
13F File Number:
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 the Report on Behalf of Reporting Manager:
Name: Hakan Castegren
Title: President
Phone: 617-951-0004
Signature, Place, and Date of Signing:
Hakan Castegren Hamilton, Bermuda November 8,1999
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 10
Form 13F Information Table Value Total: $850,335
List of Other Included Managers: None
<PAGE>
<TABLE>
<C> <C>
FORM 13F INFORMATION TABLE
Column 1 Column 2 Column 3 Column 4Column 5 Column 6 Column 7 Column8
VALUE SHARES/ SH/PUT/INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLAS CUSIP (x$1000) PRN AMT PRNCALLDISCRETION MANAGERS SOLE SHARED NONE
Banco Comm Portuges SSpsrd ADR New059749303 13,520 503,062sh Sole 503,062
Ericsson L M Tel Co. ADR CL B SEK1294821400 45,375 1,452,000sh Sole 1,452,000
Smithkline Beecham PLADR Rep Eq UT832378400 132,538 2,300,000sh Sole 2,300,000
Sony Corp ADR New 835699307 22,509 150,000sh Sole 150,000
Royal Dutch Pete Co NY Reg GLDR 5780257705 158,051 2,676,000sh Sole 2,676,000
Rio Tinto Spsrd ADR 74974K706 1,887 26,583sh Sole 26,583
News Corp ADR 652487703 128,822 4,530,000sh Sole 4,530,000
Anglo American ADR 03485P102 129,337 2,314,750sh Sole 2,314,750
Gencor ADR 368681201 33,413 8,910,000sh Sole 8,910,000
Billiton ADR 090171 184,883 44,550,00sh Sole 44,550,000
</TABLE>
