SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
Wolverine World Wide, Inc.
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(Name of Issuer)
Common Capital Stock
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(Title of Class of Securities)
97809710
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(CUSIP Number)
12/31/94
______________________________________________________________________________
(Date of Event Which Requires Filing of this Statement)
Check the following box if a fee is being paid with this statement [ ].
(A fee is not required only if the filing person: (1) has a previous statement
on file reporting beneficial ownership of more than five percent of the class
of securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).
* The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section
of the Act but shall be subject to all other provisions of the Act (however,
see the Notes).
<PAGE>
CUSIP No.: 48625010
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1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of
Above Persons: The Kaufmann Fund, Inc. - TIN #13-2605091
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2) Check the Appropriate Box if a Member of a Group
(a) N/A
(b)
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3) SEC Use Only
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4) Citizenship or Place of Organization: Maryland
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Number of (5) Sole Voting Power: 770,000
Shares Bene- ____________________________________________________________
ficially (6) Shared Voting Power: N/A
Owned by ____________________________________________________________
Each Report- (7) Sole Dispositive Power: 770,000
ing Person ____________________________________________________________
With (8) Shared Dispositive Power: N/A
______________________________________________________________________________
9) Aggregate Amount Beneficially Owned by Each Reporting Person:
770,000
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10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares
_______________________________________________________________
______________________________________________________________________________
11) Percent of Class Represented by Amount in Row 9: 7.28%
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12) Type of Reporting Person (See Instructions) IV______________________
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<PAGE>
Item 1(a)
Name of Issuer: Wolverine Worldwide, Inc.
Item 1(b)
Address of Issuer's Principal Executive Offices: 9341 Courtland Drive,
Rockford, MI 49351.
Item 2(a)
Name of Person Filing: The Kaufmann Fund, Inc.
Item 2(b)
Address of Principal Business Office or, if none, Residence: 140 E. 45th
Street, 43rd Floor, New York, NY 10017
Item 2(c)
Citizenship: United States
Item 2(d)
Title of Class of Securities: Common Capital Stock
Item 2(e)
CUSIP Number: 97809710
Item 3
If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b), check
whether the person filing is a:
(a) [ ] Broker of Dealer registered under Section 15 of the Act.
(b) [ ] Bank as defined in section 3(a)(6) of the Act.
(c) [ ] Insurance Company as defined in section 3(a)(19) of the Act.
(d) [X] Investment Company registered under section 8 of the Investment
Company Act.
(e) [ ] Investment Adviser registered under section 203 of the
Investment Advisers Act of 1940.
(f) [ ] Employee Benefit Plan, Pension Fund which is subject to the
provisions of the Employee Retirement Income Security Act of
1974 or Endowment Fund; see Section 240.13d-1(b)(1)(ii)(F).
(g) [ ] Parent Holding Company in accordance with Section
240.13d-1(b)(ii)(G) (Note: See Item 7).
(h) [ ] Group, in accordance with Section 240-13d-1(b)(1)(ii)(H).
Item 4
Ownership.
If the percent of the class owned, as of December 31 of the year covered
by the statement, or as of the last day of any month described in Rule 13d-1
(b)(2), if applicable, exceeds five percent, provide the following
information as of that date and identify those shares which there is a right
to acquire.
(a) Amount Beneficially Owned: 770,000
(b) Percent of Class: 7.28%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 770,000
(ii) shared power to vote or to direct the vote: N/A
(iii) sole power to dispose or to direct the disposition of:
770,000
(iv) shared power to dispose or to direct the disposition of: N/A
Instruction: For computations regarding securities which represent a
right to acquire an underlying security see Rule 13d-3(d)(1).
Item 5
Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more
than five percent of the class of securities, check the following [ ].
Item 6
Ownership of More than Five Percent on Behalf of Another Person. N/A
Item 7
Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company. N/A
Item 8
Identification and Classification of Members of the Group. N/A
Item 9
Notice of Dissolution of Group. N/A
Item 10
Certification.
The following certification shall be included if the statement is filed
pursuant to Rule 13d-1(b):
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were acquired in the ordinary course of
business and were not acquired for the purpose of and do not have the effect
of changing or influencing the control of the issuer of such securities and
were not acquired in connection with or as a participant in an transaction
having such purposes or effect.
Signature.
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete
and correct.
3/14/95
____________________________________
Date
/s/ Anthony W. Toogood
____________________________________
Signature
ANTHONY W. TOOGOOD
VICE PRESIDENT
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Name/Title
