SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 4)1
RESOURCE AMERICA, INC.
- ------------------------------
(Name of Issuer)
COMMON STOCK
- ---------------------------------
(Title of Class of Securities)
761195205
- -----------------------
(Cusip Number)
10/06/98
- ------------------------------------------------------
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which
this Schedule is filed:
[ ] Rule 13d-1(b)
[ X ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
1The 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.)
[Continued on the following page(s)]
Page 1 of 10 Pages
CUSIP No. 761195205 13G Page 2 of 10 Pages
- ----------------------------------------------------------------
1. Name of reporting persons
S.S. or I.R.S. identification no. of above persons
Bay Pond Partners, L.P.
04-3217743
- ----------------------------------------------------------------
2. Check the appropriate box if a member of a group*
(a)[ ]
(b)[ ]
- ----------------------------------------------------------------
3. SEC use only
- ----------------------------------------------------------------
4. Citizenship or place of organization
Delaware
- ----------------------------------------------------------------
5. Sole Voting Power
0
Number of -----------------------------
shares 6. Shared Voting Power
beneficially
owned by 881,400
each -----------------------------
reporting 7. Sole Dispositive Power
person
with 0
-----------------------------
8. Shared Dispositive Power
881,400
- ---------------------------------------------------------------
9. Aggregate amount beneficially owned by each reporting person
881,400
- ----------------------------------------------------------------
10. Check box if the aggregate amount in row (9) excludes certain shares*
[ ]
- ----------------------------------------------------------------
11. Percent of class represented by amount in row 9
4.36 %
- ----------------------------------------------------------------
12. Type of reporting person
PN
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 4)1
RESOURCE AMERICA, INC.
- ------------------------------
(Name of Issuer)
COMMON STOCK
- ---------------------------------
(Title of Class of Securities)
761195205
- -----------------------
(Cusip Number)
10/06/98
- ------------------------------------------------------
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which
this Schedule is filed:
[ ] Rule 13d-1(b)
[ X ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
1The 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.)
[Continued on the following page(s)]
Page 3 of 10 Pages
CUSIP No. 761195205 13G Page 4 of 10 Pages
- ----------------------------------------------------------------
1. Name of reporting persons
S.S. or I.R.S. identification no. of above persons
Wellington Hedge Management, Inc.
04-3215281
- ----------------------------------------------------------------
2. Check the appropriate box if a member of a group*
(a)[ ]
(b)[ ]
- ----------------------------------------------------------------
3. SEC use only
- ----------------------------------------------------------------
4. Citizenship or place of organization
Massachusetts
- ----------------------------------------------------------------
5. Sole Voting Power
0
Number of -----------------------------
shares 6. Shared Voting Power
beneficially
owned by 881,400
each -----------------------------
reporting 7. Sole Dispositive Power
person
with 0
-----------------------------
8. Shared Dispositive Power
881,400
- ---------------------------------------------------------------
9. Aggregate amount beneficially owned by each reporting person
881,400
- ----------------------------------------------------------------
10. Check box if the aggregate amount in row (9) excludes certain shares*
[ ]
- ----------------------------------------------------------------
11. Percent of class represented by amount in row 9
4.36 %
- ----------------------------------------------------------------
12. Type of reporting person
CO
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 4)1
RESOURCE AMERICA, INC.
- ------------------------------
(Name of Issuer)
COMMON STOCK
- ---------------------------------
(Title of Class of Securities)
761195205
- -----------------------
(Cusip Number)
10/06/98
- ------------------------------------------------------
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which
this Schedule is filed:
[ ] Rule 13d-1(b)
[ X ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
1The 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.)
[Continued on the following page(s)]
Page 5 of 10 Pages
CUSIP No. 761195205 13G Page 6 of 10 Pages
- ----------------------------------------------------------------
1. Name of reporting persons
S.S. or I.R.S. identification no. of above persons
Wellington Hedge Management LLC
04-3215301
- ----------------------------------------------------------------
2. Check the appropriate box if a member of a group*
(a)[ ]
(b)[ ]
- ----------------------------------------------------------------
3. SEC use only
- ----------------------------------------------------------------
4. Citizenship or place of organization
Massachusetts
- ----------------------------------------------------------------
5. Sole Voting Power
0
Number of -----------------------------
shares 6. Shared Voting Power
beneficially
owned by 881,400
each -----------------------------
reporting 7. Sole Dispositive Power
person
with 0
-----------------------------
8. Shared Dispositive Power
881,400
- ----------------------------------------------------------------
9. Aggregate amount beneficially owned by each reporting person
881,400
- ----------------------------------------------------------------
10. Check box if the aggregate amount in row (9) excludes certain shares*
[ ]
- ----------------------------------------------------------------
11. Percent of class represented by amount in row 9
4.36 %
- ----------------------------------------------------------------
12. Type of reporting person
CO
CUSIP No. 761195205 13G Page 7 of 10 Pages
Item 1(a). Name of Issuer:
Resource America, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices:
1521 Locust Street
Philadelphia, Pennsylvania 19102
Item 2(a). Name of Person Filing:
This schedule is filed on behalf of Bay Pond Partners,
L.P. ("Bay Pond"), a Delaware limited partnership,
Wellington Hedge Management LLC ("WHML"), a
Massachusetts limited liability company which is the sole
general partner of Bay Pond, and Wellington Hedge
Management, Inc.("WHMI"), a Massachusetts corporation
which is the managing member of WHML.
Item 2(b). Address of Principal Business Office or, if None,
Residence:
75 State Street
Boston, MA 02109
Item 2(c). Citizenship:
See above Item 2(a)
Item 2(d). Title of Class of Securities:
COMMON STOCK
Item 2(e). CUSIP Number:
761195205
Item 3. If this statement is filed pursuant to 240.13d-1(b), or
13d-2(b) or (c), check whether the person filing is a:
(a) [ ] Broker or 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;
CUSIP No. 761195205 13G Page 8 of 10 Pages
(d) [ ] Investment Company registered under Section 8 of the
Investment Company Act of 1940;
(e) [ ] Investment Adviser in accordance with 240.13d-
1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in accordance
with 240.13d-1(b)(1)(ii)(F);
(g) [ ] Parent Holding Company, in accordance with Rule 13d-
1(b)(1)(ii)(G); see Item 7;
(h) [ ] A savings association as defined in Section 3(b) of the
Federal Deposit Insurance Act;
(i) [ ] A church plan that is excluded from the definition of an
investment company under section 3(c)(14) of the
Investment Company Act of 1940
(j) [ ] Group, in accordance with 240.13d-1(b)(1)(ii)(J).
If this statement is filed pursuant to 240.13d-1(c), check this box.[ X ]
Item 4. Ownership:
(a) Amount beneficially owned: Bay Pond, WHML and WHMI each
beneficially own 881,400 shares of the common stock of the
Issuer.
(b) Percent of Class: 4.36 %
(c) Number of shares as to which such persons have:
(i) Sole power to vote or to direct the vote 0
(ii) Shared power to vote or to direct the vote 881,400
(iii) Sole power to dispose or to direct
the disposition of 0
(iv) Shared power to dispose or to direct
the disposition of 881,400
CUSIP No. 761195205 13G Page 9 of 10 Pages
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 [ x ].
Item 6. Ownership of More than Five Percent on Behalf of Another
Person.
Bay Pond, WHML and WHMI each have the right to receive, or the
power to direct the receipt of, dividends from, or the proceeds
from the sale of, such securities. No other person is known to
have such right or power with respect to more than five percent
of this class of securities, except as follows:
Not Applicable
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on by the Parent Holding
Company.
Not Applicable.
Item 8. Identification and Classification of Members of the Group.
Not Applicable. This schedule is not being filed pursuant to
Rule 13d-1(b)(1)(ii)(J) or 240.13d-1(d).
Item 9. Notice of Dissolution of Group.
Not Applicable.
Item 10. Certification.
(b) The following certification shall be included if the
statement is filed pursuant to []240.13d-1(c):
By signing below I certify that, to the best of my
knowledge and belief, the securities referred to above were not
acquired and are not held for the purpose of or with the effect
of changing or influencing the control of the issuer of the
securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose
or effect.
CUSIP No. 761195205 13G Page 10 of 10 Pages
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.
Bay Pond Partners, L.P.
By: Wellington Hedge Management, LLC
Its General Partner
By: Wellington Hedge Management, Inc.
Its Managing Member
By: --//Sara Lou Sherman//--
Name: Sara Lou Sherman
Title Vice President
Date: October 7, 1998
