<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, 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: Titan Capital Management, LLC
Address: 600 Third Avenue, 17th Floor
New York, New York 10016
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: Walter M. Schenker
Title: Principal
Phone: (212) 984-6228
Signature, Place, and Date of Signing:
/s/ Walter M. Schenker New York, New York 2/10/00
__________________ _______________ ______________
[Signature] [City, State] [Date]
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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 her if no holdings reported are in
this report, and all holdings are reported by other
reporting manger(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:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name
28-
[Repeat as necessary.]
2
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Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers:
Form 13F Information Table Entry Total: 81
Form 13F Information Table Value Total: 140,309
[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.
[If there are no entries in this list, state "NONE" and omit the
column headings and list entries.]
No. Form 13F File Number Name None
28-
[Repeat as necessary.]
3
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<TABLE>
Holdings of US Listed equities held as at 30th June 1999
<CAPTION>
VOTING DISCRETION
OTHER
NAME OF ISSUER TITLE OF CUSIP MARKET SHARES SH/PRN PUT INVESTMENT MANAGERS SOLE SHARED NONE
CLASS VALUE PRN AMT /CALL DISCRETION
*1000
- -------------- -------- ------- ------ -------- ------- ------ ---------- -------- ---- ----- ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ADAC LABORATORIES NEW COMMON STOCK 005313200 220 20500 SH SOLE 20500
AMERICAN TOWER CORP COMMON STOCK 029912201 3475 113700 SH SOLE 6000 107700
AMERICAN TOWER CORP COMMON STOCK 029912201 883 28900 SH SHARED 28900
AMES DEPARTMENT STORES
INC NEW COMMON STOCK 030789507 231 8000 SH SOLE 8000
ARGOSY GAMING CORP COMMON STOCK 040228108 156 10000 SH SOLE 10000
CBS CORP COMMON STOCK 12490K107 4515 70620 SH SOLE 70620
CBS CORP COMMON STOCK 12490K107 1170 18300 SH SHARED 18300
CENTRAL EUROPEAN DISTR
CORP COMMON STOCK 153435102 253 50500 SH SOLE 2500 48000
CENTRAL EUROPEAN DISTR
CORP COMMON STOCK 153435102 127 25400 SH SHARED 25400
CORNERSTONE PROPERTIES
INC COMMON STOCK 21922H103 250 17100 SH SOLE 17100
CRANE CO COMMON STOCK 224399105 2509 126222 SH SOLE 4000 122222
CRANE CO COMMON STOCK 224399105 689 34678 SH SHARED 34678
DATATEC SYSTEMS INC COMMON STOCK 238128102 200 35500 SH SOLE 35500
DISC GRAPHICS INC COMMON STOCK 254590102 61 20000 SH SHARED 20000
DUN & BRADSTREET CORP
DEL COMMON STOCK 26483B106 2473 83842 SH SOLE 9500 74342
DUN & BRADSTREET CORP
DEL COMMON STOCK 26483B106 577 19558 SH SHARED 19558
ENTERTAINMENT PROPERTIES
TRUST COMMON STOCK 29380T105 2529 191796 SH SOLE 7000 184796
ENTERTAINMENT PROPERTIES
TRUST COMMON STOCK 29380T105 702 53204 SH SHARED 53204
FLANDERS CORP COMMON STOCK 338494107 125 50000 SH SOLE 50000
FLOWERS INDUSTRIES INC COMMON STOCK 343496105 1133 71100 SH SOLE 71100
FLOWERS INDUSTRIES INC COMMON STOCK 343496105 309 19400 SH SHARED 19400
***GULF CANADA RESOURCES
LTD COMMON STOCK 40218L305 219 64968 SH SOLE 64968
HOLLINGER INTERNATIONAL
INC COMMON STOCK 435569108 3943 304800 SH SOLE 12800 292000
HOLLINGER INTERNATIONAL
INC COMMON STOCK 435569108 1051 81200 SH SHARED 81200
HUTTIG BUILDING PRODUCTS
INC COMMON STOCK 448451104 148 30000 SH SOLE 30000
LASER MORTGAGE
MANAGEMENT INC COMMON STOCK 51806D100 152 37300 SH SOLE 37300
4
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MBIA INC COMMON STOCK 55262C100 7061 133700 SH SOLE 7000 126700
MBIA INC COMMON STOCK 55262C100 1811 34300 SH SHARED 34300
MSC INDUSTRIAL DIRECT
CO INC COMMON STOCK 553530106 133 10000 SH SOLE 10000
MARTIN MARIETTA
MATERIALS INC COMMON STOCK 573284106 5866 143076 SH SOLE 4500 138576
MARTIN MARIETTA
MATERIALS INC COMMON STOCK 573284106 1563 38124 SH SHARED 38124
MEDIAONE GROUP INC COMMON STOCK 58440J104 5966 77668 SH SOLE 77668
MEDIAONE GROUP INC COMMON STOCK 58440J104 1769 23032 SH SHARED 23032
METROMEDIA INTERNATIONAL
GROUP CONVERTIBLE 591695200 1724 57472 SH SOLE 10200 47272
PREFERRED
METROMEDIA INTERNATIONAL
GROUP CONVERTIBLE 591695200 307 10228 SH SHARED 10228
PREFERRED
MIDCOAST ENERGY
RESOURCES INC COMMON STOCK 59563W104 1541 91974 SH SOLE 91974
MIDCOAST ENERGY
RESOURCES INC COMMON STOCK 59563W104 614 36650 SH SHARED 36649.5
MULTIGRAPHICS INC COMMON STOCK 625440102 34 30120 SH SOLE 30120
NTL INC COMMON STOCK 629407107 12047 96570 SH SOLE 3571 92999.005
NTL INC COMMON STOCK 629407107 3181 25497 SH SHARED 25497.026
NOBLE DRILLING CORP COMMON STOCK 655042109 3742 114266 SH SOLE 114266
NOBLE DRILLING CORP COMMON STOCK 655042109 954 29134 SH SHARED 29134
OPTA FOOD INGREDIENTS
INC COMMON STOCK 68381N105 50 16000 SH SOLE 16000
PAYLESS SHOESOURCE INC COMMON STOCK 704379106 2322 49400 SH SOLE 6000 43400
PAYLESS SHOESOURCE INC COMMON STOCK 704379106 583 12400 SH SHARED 12400
***PRECISION DRILLING
CORP COMMON STOCK 74022D100 4387 170800 SH SOLE 14000 156800
***PRECISION DRILLING
CORP COMMON STOCK 74022D100 1133 44100 SH SHARED 44100
R & B FALCON CORP COMMON STOCK 74912E101 133 10000 SH SOLE 10000
ROSS STORES INC COMMON STOCK 778296103 4595 256156 SH SOLE 9000 247156
ROSS STORES INC COMMON STOCK 778296103 1276 71144 SH SHARED 71144
SAKS INC COMMON STOCK 79377W108 890 57206 SH SOLE 57206
SAKS INC COMMON STOCK 79377W108 210 13494 SH SOLE 13494
SECTOR SPDR TRUST COMMON STOCK 81369Y803 7122 132200 SH SHARED 132200
SECTOR SPDR TRUST COMMON STOCK 81369Y803 2020 37500 SH SOLE 37500
SIMULA INC CONVERTIBLE 829206AB7 1023 1633000 PRN SHARED 155000 1478000
BONDS
SIMULA INC CONVERTIBLE 829206AB7 570 910000 PRN SOLE 910000
BONDS
STANDARD MOTOR PRODUCTS
INC COMMON STOCK 853666105 197 12200 SH SOLE 12200
STANDARD MOTOR PRODUCTS
INC CONVERTIBLE 853666AB1 1926 2407000 PRN SHARED 65000 2342000
BONDS
STANDARD MOTOR PRODUCTS
INC CONVERTIBLE 853666AB1 533 666000 PRN SOLE 666000
5
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BONDS
SUIZA FOODS CORP COMMON STOCK 865077101 3578 90300 SH SOLE 90300
SUIZA FOODS CORP COMMON STOCK 865077101 864 21800 SH SHARED 21800
TELESPECTRUM WORLDWIDE
INC COMMON STOCK 87951U109 71 10000 SH SOLE 10000
***TRANSPORTACION
MARITIMA COMMON STOCK 893868208 316 67500 SH SOLE 67500
TRAVELERS PROPERTY
CASUALTY COMMON STOCK 893939108 2332 68100 SH SOLE 68100
TRAVELERS PROPERTY
CASUALTY COMMON STOCK 893939108 664 19400 SH SHARED 19400
TRUE NORTH
COMMUNICATIONS INC COMMON STOCK 897844106 1859 41600 SH SOLE 41600
TRUE NORTH
COMMUNICATIONS INC COMMON STOCK 897844106 554 12400 SH SHARED 12400
UNIVERSAL FOODS CORP COMMON STOCK 913538104 2180 107000 SH SOLE 107000
UNIVERSAL FOODS CORP COMMON STOCK 913538104 591 29000 SH SHARED 29000
UNUMPROVIDENT CORP COMMON STOCK 91529Y106 2457 76642 SH SOLE 6500 70142
UNUMPROVIDENT CORP COMMON STOCK 91529Y106 669 20858 SH SHARED 20858
WEIRTON STEEL CORP COMMON STOCK 948774104 235 34500 SH SOLE 34500
WILLIAMS COMPANIES INC COMMON STOCK 969457100 1895 62000 SH SOLE 4000 58000
WILLIAMS COMPANIES INC COMMON STOCK 969457100 498 16300 SH SHARED 16300
***ASIA PACIFIC
RESOURCES INTL COMMON STOCK G05345106 117 66900 SH SOLE 66900
***LORAL SPACE & COMMON STOCK G56462107 4551 187200 SH SOLE 18200 169000
***LORAL SPACE & COMMON STOCK G56462107 1150 47300 SH SHARED 47300
***SBS BROADCASTING SA FOREIGN L8137F102 7912 162511 SH SOLE 7800 154711
COMMON STOCK
***SBS BROADCASTING SA FOREIGN L8137F102 2091 42943 SH SHARED 42943
COMMON STOCK
GLOBAL MARINE INC NEW CALL 3793529AD 166 10000 SH CALL SOLE 10000
WESTPOINT STEVENS INC CALL 9612389CW 175 10000 SH CALL SOLE 10000
140309 No. of Other Managers 0
</TABLE>
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02787001.AA0
