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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: GMT Capital Corp.
Address: 2100 RiverEdge Parkway
Suite 840
Atlanta, GA 30328-4656
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: George E. Case, III
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Title: Vice President
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Phone: 770-989-8261
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Signature, Place, and Date of Signing:
/s/ George E. Case, III Atlanta , GA 2/14/00
_________________________ _____________________________ ______________
[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: [If there are no entries in
this list, omit this section.]
Form 13F File Number Name
28-__________________ ________________________
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Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: ___________________
Form 13F Information Table Entry Total: ___________________
Form 13F Information Table Value Total: $
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(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
____ 28-__________________ ______________________
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FORM 13F INFORMATION TABLE
<TABLE>
<CAPTION>
Market Shares or Sh/Prn Investment Other Voting Authority
Security Title of Class CUSIP Value Prn Amount Put/Call Discression Managers Sole/Shared/none
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Abercrombie and Fitch Co Common Stock 002896207 560,438 21000 None Sole None Sole
Ameritrade Holding Corp. Common Stock 03072H109 5,953,219 274500 None Sole None Sole
Aware Common Stock 05453N100 2,437,125 67000 None Sole None Sole
Bellwether Exploration Company Common Stock 079895207 1,844,391 383250 None Sole None Sole
BJ Services Common Stock 055482103 2,383,313 57000 None Sole None Sole
Carey Diversified, LLC Common Stock 14174P105 1,982,813 117500 None Sole None Sole
Carrington Laboratories, Inc. Common Stock 144525102 22,000 11000 None Sole None Sole
CE Franklin Ltd. Common Stock 125151100 4,266,788 1338600 None Sole None Sole
Cellergy Pharmaceuticals Common Stock 15115L103 996,307 295202 None Sole None Sole
Chromatics Color Sciences Common Stock 171116304 327,656 46600 None Sole None Sole
CK Witco Corp Common Stock 12562C108 1,056,625 79000 None Sole None Sole
Compucom Common Stock 204780100 745,388 180700 None Sole None Sole
Cyberian Outpost Common Stock 231914102 367,688 37000 None Sole None Sole
Datametrics Corp. Common Stock 238085104 94,238 71800 None Sole None Sole
Diversinent Corp. (was Instant
Publisher) Common Stock 25536K204 390,500 17750 None Sole None Sole
Dset Corporation Common Stock 262504103 1,121,250 30000 None Sole None Sole
EarthShell Common Stock 27032B100 210,375 51000 None Sole None Sole
Eclipse Surgical Common Stock 278849104 2,891,590 392080 None Sole None Sole
Electronic Arts Common Stock 285512109 489,754 5830 None Sole None Sole
Emisphere Technologies Common Stock 291345106 5,778,013 192200 None Sole None Sole
EToys.com Common Stock 297862104 580,125 22100 None Sole None Sole
Gliatech Inc. Common Stock 37929C103 353,098 21239 None Sole None Sole
HNC Software Common Stock 40425P107 5,034,758 47610 None Sole None Sole
Imaginon Common Stock 45246K104 153,000 36000 None Sole None Sole
Intelect Communications Common Stock 458144102 108,606 78700 None Sole None Sole
Iowa Beef Common Stock 449223106 5,603,400 311300 None Sole None Sole
Knight/Trimark Group Common Stock 499067106 1,035,000 22500 None Sole None Sole
KTel Common Stock 482724200 390,394 66450 None Sole None Sole
Lubrizol Corp. Common Stock 549271104 4,353,375 141000 None Sole None Sole
Net2phone Common Stock 64108N106 413,438 9000 None Sole None Sole
Next Card Common Stock 65332K107 964,425 33400 None Sole None Sole
Ocular Sciences Common Stock 675744106 2,476,400 131200 None Sole None Sole
Omnipoint Corporation Common Stock 68212D102 542,813 4500 None Sole None Sole
Open Market Common Stock 68370M100 14,832,588 328700 None Sole None Sole
Organogenesis Common Stock 685906109 317,094 36500 None Sole None Sole
Powertel Inc. Common Stock 73936C109 200,750 2000 None Sole None Sole
Precision Drilling Common Stock 74022D100 1,155,938 45000 None Sole None Sole
Presstek Common Stock 741113104 652,125 47000 None Sole None Sole
Preview Travel, Inc. Common Stock 74137R101 1,110,263 21300 None Sole None Sole
</TABLE>
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<TABLE>
<CAPTION>
Market Shares or SH/PRN INVESTMENT OTHER VOTING AUTHORITY
Security Title of Class Cusip Value Prn Amount Put/Call Discression Managers Sole/ShareD/None
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Ranger Oil Ltd. Common Stock 752805101 139,688 44700 None Sole None Sole
Rational Software Common Stock 75409P202 245,625 5000 None Sole None Sole
Rehabilicare Common Stock 758944102 1,640,000 410000 None Sole None Sole
Sabratek Corp. Common Stock 78571U108 1,080 13500 None Sole None Sole
Santa Fe Energy Common Stock 80218K105 5,960,000 745000 None Sole None Sole
Source Media Common Stock 836153304 1,665,000 90000 None Sole None Sole
Sunrise Technology Common Stock 86769L103 6,239,422 528205 None Sole None Sole
SuperGen, Inc. Common Stock 868059106 381,875 13000 None Sole None Sole
Swift Energy Common Stock 870738101 134,090 11660 None Sole None Sole
Talisman Energy Common Stock 87425E103 1,957,000 76000 None Sole None Sole
Tech Data Corp Common Stock 878237106 6,781,250 250000 None Sole None Sole
Telebras Common Stock 879287308 1,416,250 11000 None Sole None Sole
Terayon Comm. Systems Common Stock 880775101 2,085,375 33200 None Sole None Sole
Upton Resources, Inc. Common Stock 91685D102 1,710,045 1075500 None Sole None Sole
Valence Common Stock 918914102 475,000 25000 None Sole None Sole
Vision Sciences Inc. Delaware Common Stock 927912105 69,375 60000 None Sole None Sole
Wave Systems Common Stock 943526103 955,000 80000 None Sole None Sole
Wavephore Inc. Common Stock 944027101 151,125 39000 None Sole None Sole
Wynn's International Inc. Common Stock 983195108 155,375 11000 None Sole None Sole
Zixit Corporation (Custom Tracks) Common Stock 98974P100 2,139,750 54000 None Sole None Sole
TOTAL 108,499,377
</TABLE>
