SCHEDULE 13G
PAGE 1 of 4
Type of Filing: Initial
Amendment No.: inapplicable
Name of Issuer: Sabre Group Holdings, Inc
Title of Class of Securities: CL A
CUSIP Number: 785905100
Is a fee being paid with this statement: ( )Yes (X)No
1) Name of Reporting Person: Scudder Kemper Investments,
Inc.
1a) S.S. or I.R.S. Identification No. of above person: 13
3241232
2) Check the appropriate box if member of a group: ( )a (
)b
3) SEC Use Only:
4) Citizenship or Place of Organization: Delaware
Number of shares beneficially owned by each reporting person
with:
5) Sole Voting Power: 335,400
6) Shared Voting Power: 410,993
7) Sole Dispositive Power: 1,617,693
8) Shared Dispositive Power: inapplicable
9) Aggregate amount beneficially owned by each reporting
person: 1,617,693
10) Does aggregate amount (Item #9) exclude certain shares:
( ) Yes (N) No
11) Percent of Class represented by amount in Item No. 9:
8.0%
12) Type of Reporting Person: IA
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SCHEDULE 13G
PAGE 2 of 4
CUSIP No.: 785905100
Item 1a) Name of Issuer: Sabre Group Holdings, Inc.
Item 1b) Address of Issuer's Principal Executive Offices:
4255 Amon Carter Blvd, Fort Worth, TX 76155
Item 2a) Name of Person Filing: Scudder Kemper Investments,
Inc.
Item 2b) Address of Principal Business Office or, if none,
Residence:
345 Park Avenue, New York, New York 10154
Item 2c) Citizenship: Delaware
Item 2d) Title of Class of Securities: CL A
Item 2e) CUSIP Number: 785905100
Item 3) If this statement is filed pursuant to Rules 13d
1(b), or 13d-2(b),
check whether the person filing is a:
(a) __ Broker of 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
(d) __ Investment Company registered under Section 8 of the
Investment Company Act
(e) XX Investment Adviser registered under Section 203 of
the Investment
Advisers Act of 1940
(f) __ Employee Benefit Plan, Pension Fund which is
subject to the
provisions of the Employee Retirement Income
Security Act of 1974 or
Endowment Fund; see 240.13d-1(b)(1)(ii)(F)
(g) __ Parent Holding Company, in accordance with 240.13d-
1(b)(1)(ii)(G)
(Note: See Item 7)
(h) __ Group, in accordance with 240.13d-1(b)(1)(ii)(H)
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SCHEDULE 13G
PAGE 3 of 4
CUSIP No.: 785905100
Item 4) OWNERSHIP: If the percent of the class owned, as
of December 31 of the
year covered by the statement, or as of the last day of any
month described in
Rule 13d-1(b)(2), if applicable, exceeds five percent,
provide the following
information as of the date and identify those shares which
there is a right to
acquire.
a) Amount Beneficially Owned: 1,617,693
b) Percent of Class: 8.0%
c) Number of shares as to which each person has:
Sole power to vote or to direct the vote: 335,400
Shared power to vote or to direct the vote: 410,993
Sole power to dispose or to direct the disposition of:
1,617,693
Shared power to dispose or to direct the disposition
of: inapplicable
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 ( )Yes (X)No
Item 6) OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF
ANOTHER PERSON: If any
other person is known to have the right to receive or the
power to direct the
receipt of dividends from, or the proceeds from the sale of,
such securities, a
statement to the effect should be included in response to
this item and, if such
interest relates to more than five percent of the class,
such person should be
identified. A listing of the shareholders of an Investment
Company registered
under the Investment Company Act of 1940 or the
beneficiaries of any employee
benefit plan, pension fund or endowment fund is not
required.
Item 7) IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY
WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY: If
a parent holding
company has filed this schedule, pursuant to Rule
13d1(b)(ii)(G), so indicate
under Item 3(g) and attach an exhibit stating the identity
and the Item 3
classification of the relevant subsidiary. If a parent
holding company has filed
this schedule pursuant to Rule 13d-1(c), attach an exhibit
stating the
identification of the relevant subsidiary.
inapplicable
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SCHEDULE 13G
PAGE 4 of 4
CUSIP No.: 785905100
Item 8) IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE
GROUP: If a group
has filed this schedule pursuant to Rule 13d-1(b)(ii)(H), so
indicate under Item
3(h) and attach an exhibit stating the identity and Item 3
classification of
each member of the group. If a group has filed this schedule
pursuant to Rule
13d1(c), attach an exhibit stating the identity of each
member of the group.
inapplicable
Item 9) NOTICE OF DISSOLUTION OF GROUP: Notice of
dissolution of a group may be
furnished as an exhibit stating the date of the dissolution
and that all further
filings with respect to transactions in the security
reported on will be filed,
if required, by members of the group, in their individual
capacity.
inapplicable
Item 10) CERTIFICATION: The following certification shall be
included if the
statement is filed pursuant to Rule 13d-1(b):
By signing below I certify that, to the best of my knowledge
and belief, the
securities referred to above were acquired in the ordinary
course of business
and were not acquired for the purpose of and do not have the
effect of changing
or influencing the control of the issuer of such securities
and were not
acquired in connection with or as a participant in any
transaction having such
purposes or effect.
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.
DATE: February 9, 1998
SIGNATURE:
NAME/TITLE: Stephen R. Beckwith, Chief Financial Officer
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