<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: March 31, 2000
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: T/F Partners
Address: 535 Madison Avenue
37th Floor
New York, NY 10022
Form 13F File Number: 28-05555
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: Chris Welch
Title: Assistant Controller
Phone: (212) 759-0340
Signature, Place, and Date of Signing:
/s/ Chris Welch New York, NY May 11, 2000
___________________ ________________ ________________
[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.)
<PAGE>
[ ] 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-
2
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Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 90
Form 13F Information Table Value Total: $341,064
[thousands]
List of Other Included Managers: None
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-
3
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<TABLE>
Form 13F INFORMATION TABLE
<CAPTION>
Title Investment Discretion Voting Authority
of --------------------- -------------------
Security Class CUSIP Market Value Quantity Sole Share Other Managers Sole Share None
- -------- ----- ------- --------------- ------------- ---- ----- ----- -------- --------- ----- ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AMFM INC COMMON STOCK 001693100 1,839 29,600 SOLE SOLE
A T & T CORP COMMON STOCK 001957109 428 7,600 SOLE SOLE
AERIAL
COMMUNICATIONS INC COMMON STOCK 007655103 3,299 58,065 SOLE SOLE
AKAMAI TECH COMMON STOCK 00971T101 5,179 32,205 SOLE SOLE
ALCATEL SA ADRS STOCK 013904305 483 11,203 SOLE SOLE
AMERICAN MEDICAL
ELECTRONICS INC COMMON STOCK 027425891 0 107,900 SOLE SOLE
AMERICAN MEDICAL
ELECTRONICS INC COMMON STOCK 027425933 0 4,000 SOLE SOLE
AMERICAN MEDICAL
ELECTRONICS INC COMMON STOCK 027425941 0 4,000 SOLE SOLE
AMERICAN MEDICAL
ELECTRONICS INC COMMON STOCK 027425958 0 107,900 SOLE SOLE
ASPECT DEVELOPMENT
INC COMMON STOCK 045234101 7,653 118,884 SOLE SOLE
ATLANTIC RICHFIELD
CO COMMON STOCK 048825103 721 8,486 SOLE SOLE
BRISTOL HOTELS &
RESORTS INC COMMON STOCK 110041100 938 100,000 SOLE SOLE
CBS CORPORATION COMMON STOCK 12490K107 255 4,500 SOLE SOLE
C-CUBE MICROSYSTEMS
INC COMMON STOCK 125015107 13,713 188,329 SOLE SOLE
CELESTIAL SEASONINGS
INC COMMON STOCK 151016102 598 17,400 SOLE SOLE
COLUMBIA ENERGY
GROUP COMMON STOCK 197648108 5,605 94,600 SOLE SOLE
CONCENTRIC NETWORK
CORP COMMON STOCK 20589R107 11,902 216,400 SOLE SOLE
CORDANT TECHNOLOGIES
INC COMMON STOCK 218412104 7,478 132,200 SOLE SOLE
CORNING INC COMMON STOCK 219350105 689 3,550 SOLE SOLE
DII GROUP INC COMMON STOCK 232949107 2,340 20,700 SOLE SOLE
DIGITAL ORIGIN INC COMMON STOCK 25385X109 3,978 215,016 SOLE SOLE
DUFF & PHELPS CR
RATING CO COMMON STOCK 26432F109 1,994 20,000 SOLE SOLE
ESAT TELECOM GROUP ADRS STOCK 26883Y102 11,110 111,100 SOLE SOLE
ETEC SYSTEMS INC COMMON STOCK 26922C103 19,117 156,265 SOLE SOLE
ELAN CORP ADRS STOCK 284131208 542 11,418 SOLE SOLE
4
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EXACTIS.COM INC COMMON STOCK 30064G104 6,024 273,800 SOLE SOLE
FIDELITY NATL
FINL INC COMMON STOCK 316326107 1,286 93,081 SOLE SOLE
GTE CORP COMMON STOCK 362320103 1,477 20,800 SOLE SOLE
HANNAFORD BROS CO COMMON STOCK 410550107 2,972 40,300 SOLE SOLE
HARMONIC INC COMMON STOCK 413160102 4,604 55,300 SOLE SOLE
IPC COMMUNICATIONS
INC COMMON STOCK 44980K206 7,334 35,600 SOLE SOLE
IRI INTERNATIONAL
CORP COMMON STOCK 45004F107 1,020 108,100 SOLE SOLE
INFERENCE CORP COMMON STOCK 45662K109 2,019 333,100 SOLE SOLE
INPRISE CORP COMMON STOCK 45766C102 309 45,300 SOLE SOLE
INTERLEAF INC COMMON STOCK 458729209 9,572 203,655 SOLE SOLE
INTERPUBLIC GROUP
COS INC COMMON STOCK 4606900DJ 2,055 43,500 CALL SOLE SOLE
INTERPUBLIC GROUP
COS INC COMMON STOCK 460690100 2,009 42,508 SOLE SOLE
INTERVU INC COMMON STOCK 46114R106 11,569 124,400 SOLE SOLE
I 2 TECHNOLOGIES INC COMMON STOCK 465754109 379 3,100 SOLE SOLE
IXNET INC COMMON STOCK 46601C109 840 18,300 SOLE SOLE
KANA COMMUNICATIONS COMMON STOCK 483600102 1,287 19,252 SOLE SOLE
LHS GROUP INC COMMON STOCK 501938104 4,965 106,200 SOLE SOLE
THE LEAPNET INC COMMON STOCK 521864108 139 23,172 SOLE SOLE
LIPOSOME COMPANY INC COMMON STOCK 536310105 3,923 224,600 SOLE SOLE
LUCENT TECHNOLOGIES
INC COMMON STOCK 549463107 468 7,700 SOLE SOLE
MEDIAONE GROUP INC COMMON STOCK 58440J104 27,265 336,600 SOLE SOLE
MEDIA 100 INC COMMON STOCK 58440W105 746 21,400 SOLE SOLE
METAMOR WORLDWIDE
INC COMMON STOCK 59133P100 4,831 170,630 SOLE SOLE
MONSANTO CO COMMON STOCK 611662107 3,040 60,800 SOLE SOLE
MUSTANG COM INC COMMON STOCK 628188104 3,023 137,400 SOLE SOLE
NFO WORLDWIDE INC COMMON STOCK 62910N108 9,910 425,300 SOLE SOLE
NETOPTRIX
CORPORATION COMMON STOCK 64116F103 3,109 18,100 SOLE SOLE
NEWBRIDGE NETWORKS
CORP COMMON STOCK 650901101 12,501 385,400 SOLE SOLE
NEXTLINK
COMMUNICATIONS COMMON STOCK 65333H707 5,695 46,044 SOLE SOLE
ORTEL CORP COMMON STOCK 68749W102 21,246 113,200 SOLE SOLE
PAIRGAIN TECHNOLOGIES
INC COMMON STOCK 6959340PW 1,271 68,000 PUT SOLE SOLE
PAIRGAIN TECHNOLOGIES
INC COMMON STOCK 695934109 4,889 261,625 SOLE SOLE
POLICY MGMT SYS CORP COMMON STOCK 731108106 468 39,000 SOLE SOLE
PREMIERE PAGE INC. COMMON STOCK 74058E105 0 22,788 SOLE SOLE
PREMIERE PAGE INC. COMMON STOCK 74058E998 0 98,212 SOLE SOLE
QUINTUS CORP COMMON STOCK 748798105 920 31,000 SOLE SOLE
QWEST COMMUN INTL COMMON STOCK 749121109 9,418 196,204 SOLE SOLE
REYNOLDS METALS CO COMMON STOCK 761763101 2,314 34,600 SOLE SOLE
5
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ROYAL BANK OF
SCOTLAND GROUP COMMON STOCK 779993120 411 27,912 SOLE SOLE
SFX ENTERTAINMENT COMMON STOCK 784178105 2,102 51,500 SOLE SOLE
SPR INC COMMON STOCK 784922106 223 37,200 SOLE SOLE
ST LAURENT
PAPERBOAR D INC COMMON STOCK 790907109 197 10,000 SOLE SOLE
SAVOIR TECHNOLOGY
GROUP INC COMMON STOCK 80533W107 1,354 190,000 SOLE SOLE
SILKNET SOFTWARE INC COMMON STOCK 827094103 5,815 56,150 SOLE SOLE
SNYDER COMMUNICATION
INC COMMON STOCK 832914105 9,772 434,300 SOLE SOLE
SPLITROCK SERVICES
INC COMMON STOCK 848636304 3,832 84,500 SOLE SOLE
SPIROS DEVELOPMENT
CORP COMMON STOCK 848936100 952 68,000 SOLE SOLE
SPRINT CORP COMMON STOCK 852061100 702 11,100 SOLE SOLE
SPYGLASS INC COMMON STOCK 852192103 1,559 20,100 SOLE SOLE
STERLING SOFTWARE COMMON STOCK 859547101 495 15,100 SOLE SOLE
TELECORP PCS A COMMON STOCK 879299105 725 14,000 SOLE SOLE
TELECOMUNICACOES
DE S.P.A. ADRS STOCK 87929A102 888 29,900 SOLE SOLE
TIME WARNER INC COMMON STOCK 887315109 500 5,000 SOLE SOLE
TIMES MIRROR CO COMMON STOCK 887364107 279 3,000 SOLE SOLE
TRANSPORT CORP OF
AMERICA INC COMMON STOCK 89385P102 191 39,100 SOLE SOLE
24/7 MEDIA INC COMMON STOCK 901314104 2,615 66,200 SOLE SOLE
US FOOD SERVICE COMMON STOCK 90331R101 13,776 535,000 SOLE SOLE
UNION CARBIDE CORP COMMON STOCK 905581104 1,953 33,500 SOLE SOLE
US WEST INC COMMON STOCK 91273H101 7,430 102,300 SOLE SOLE
USTR CORP COMMON STOCK 91288L105 700 3,700 SOLE SOLE
VOICESTREAM
WIRELESS CORP COMMON STOCK 928615103 1,494 11,600 SOLE SOLE
WARNER LAMBERT CO COMMON STOCK 934488107 2,266 23,200 SOLE SOLE
CORECOMM LIMITED COMMON STOCK G2422R109 2,200 50,000 SOLE SOLE
GLOBAL CROSSING LTD COMMON STOCK G3921A100 205 5,000 SOLE SOLE
OPENTV CORPORATION COMMON STOCK G67543101 3,670 31,000 SOLE SOLE
</TABLE>
6
79575013.AF0
