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, 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: Howard Hughes Medical Institute
Address: 4000 Jones Bridge Road
Chevy Chase, MD 20815-6789
---------------------------------
Form 13F File Number: 28-1897
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: Richard A. Pender
Title: Managing Director - Equities
Phone: (301) 215-8697
Signature, Place, and Date of Signing:
/s/ RICHARD A. PENDER Chevy Chase, Maryland 5/11/99
------------------------------ --------------------- -----------
[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).)
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: None
Form 13F Information Table Entry Total: 38
Form 13F Information Table Value Total: 66,639
(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.]
<PAGE>
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<CAPTION>
FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
----------------------------------------------------------------------------------------------------
NAME OF ISSUER TITLE OF VALUE SHRS OR SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
- -------------------------------- CLASS CUSIP (X$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
3COM CORP COMMON 885535 10 4 1,748 75,000 SH N/A SOLE N/A X N/A N/A
AIRTOUCH COMMUNICATIONS INC COMMON 00949T 10 0 3,865 40,000 SH N/A SOLE N/A X N/A N/A
ALLSTATE CORPORATION COMMON 020002 10 1 556 15,000 SH N/A SOLE N/A X N/A N/A
ALLTEL CORP COMMON 020039 10 3 4,054 65,000 SH N/A SOLE N/A X N/A N/A
AMERICAN INTL GROUP COMMON 026874 10 7 1,568 13,000 SH N/A SOLE N/A X N/A N/A
AMERICAN GENERAL CORP COMMON 026351 10 6 353 5,000 SH N/A SOLE N/A X N/A N/A
AMERITECH CORP COMMON 030954 10 1 3,169 55,000 SH N/A SOLE N/A X N/A N/A
AON CORP COMMON 037389 10 3 633 10,000 SH N/A SOLE N/A X N/A N/A
A T & T CORP COMMON 001957 10 9 798 10,000 SH N/A SOLE N/A X N/A N/A
BANK ONE CORP COMMON 059438 10 1 2,726 49,500 SH N/A SOLE N/A X N/A N/A
BANK OF NEW YORK COMPANY COMMON 064057 10 2 539 15,000 SH N/A SOLE N/A X N/A N/A
BANKAMERICA CORPORATION COMMON 06605f 10 2 1,766 25,000 SH N/A SOLE N/A X N/A N/A
CHASE MANHATTAN CORP COMMON 16161A 10 8 1,628 20,000 SH N/A SOLE N/A X N/A N/A
CITIGROUP INC COMMON 172967 10 1 2,395 37,500 SH N/A SOLE N/A X N/A N/A
CONSECO INC COMMON 208464 10 7 618 20,000 SH N/A SOLE N/A X N/A N/A
FEDERAL NATL MTGE ASSN COMMON 313586 10 9 1,385 20,000 SH N/A SOLE N/A X N/A N/A
FIRST UNION CORP N.C. COMMON 337358 10 5 1,069 20,000 SH N/A SOLE N/A X N/A N/A
FREDDIE MAC COMMON COMMON 313400 30 1 573 10,000 SH N/A SOLE N/A X N/A N/A
GTE CORP COMMON 362320 10 3 3,328 55,000 SH N/A SOLE N/A X N/A N/A
HOUSEHOLD INTL COMMON 441815 10 7 1,369 30,000 SH N/A SOLE N/A X N/A N/A
LINCOLN NATIONAL CORP COMMON 534187 10 9 989 10,000 SH N/A SOLE N/A X N/A N/A
MCI WORLDCOM INC COMMON 55268B 10 6 3,100 35,000 SH N/A SOLE N/A X N/A N/A
MBNA CORPORATION COMMON 55262L 10 0 2,388 100,000 SH N/A SOLE N/A X N/A N/A
MERCANTILE BANKCORPORATION COMMON 587342 10 6 713 15,000 SH N/A SOLE N/A X N/A N/A
MORGAN STANLEY, DEAN WITTER COMMON 24240V 10 1 999 10,000 SH N/A SOLE N/A X N/A N/A
DISCOVER
MOTOROLA INC COMMON 620076 10 9 2,198 30,000 SH N/A SOLE N/A X N/A N/A
NATIONAL CITY CORP COMMON 635405 10 3 73 1,100 SH N/A SOLE N/A X N/A N/A
NATIONWIDE FINANCIAL-SERV A COMMON 638612 10 1 840 20,000 SH N/A SOLE N/A X N/A N/A
NORTHERN TELECOM LTD COMMON 665815 10 6 2,485 40,000 SH N/A SOLE N/A X N/A N/A
PNC BANK CORPORATION COMMON 693475 10 5 1,111 20,000 SH N/A SOLE N/A X N/A N/A
QUALCOMM INC COMMON 747525 10 3 9,328 75,000 SH N/A SOLE N/A X N/A N/A
SBC COMMUNICATIONS INC COMMON 78387G 10 3 2,123 45,000 SH N/A SOLE N/A X N/A N/A
SPRINT CORP (FON GROUP) COMMON 852061 10 0 2,453 25,000 SH N/A SOLE N/A X N/A N/A
SUMMIT BANCORP COMMON 866005 10 1 780 20,000 SH N/A SOLE N/A X N/A N/A
U S BANCORP COMMON 902973 10 6 1,192 35,000 SH N/A SOLE N/A X N/A N/A
WELLS FARGO COMMON 949746 10 1 351 10,000 SH N/A SOLE N/A X N/A N/A
BAKER HUGHES INC COMMON 057224 10 7 1,061 43,641 SH N/A SOLE N/A X N/A N/A
METTLER-TOLEDO INTERNATIONAL
INC. COMMON 592688 10 5 318 12,840 SH N/A SOLE N/A X N/A N/A
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