<PAGE>
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OMB APPROVAL
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OMB Number: 3235-0006
Expires: February 28, 1991
Estimated average burden
hours per response. . . 24.60
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SEC USE ONLY
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
INFORMATION REQUIRED OF INSTITUTIONAL INVESTMENT MANAGERS PURSUANT
TO SECTION 13(f) OF THE SECURITIES EXCHANGE ACT OF 1934 AND RULES THEREUNDER
Report for the Calendar Year or Quarter Ended ______________________, 19__.
- --------------------------------------------------------------------------------
(PLEASE READ INSTRUCTIONS BEFORE PREPARING FORM.)
- --------------------------------------------------------------------------------
If amended report check here: / /
Zweig/Glaser Advisers LLC
- --------------------------------------------------------------------------------
Name of Institutional Investment Manager
900 Third Avenue New York, New York 10022
- --------------------------------------------------------------------------------
Business Address (Street) (City) (State) (Zip)
Marc Baltuch, Chief Compliance Officer 212-451-1100
- --------------------------------------------------------------------------------
Name, Phone No., and Title of Person Duly Authorized to Submit This Report.
- ---------------------------------------ATTENTION--------------------------------
INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACTS CONSTITUTE
FEDERAL CRIMINAL VIOLATIONS.
SEE 18 U.S.C. 1001 AND 15 U.S.C. 78ff(a).
- --------------------------------------------------------------------------------
The institutional investment manager submitting this Form and its
attachments and the person by whom it is signed represent hereby that all
information contained therein is true, correct and complete. It is understood
that all required items, statements and schedules are considered integral parts
of this Form and that the submission of any amendment represents that all
unamended items, statements and schedules remain true, correct and complete as
previously submitted.
Pursuant to the requirements of Securities Exchange Act of 1934, the
undersigned institutional investment manager has caused this report to be signed
on its behalf in the City of New York and State of New York on the _____ day of
_______________, 19__.
Zweig/Glaser Advisers LLC
------------------------------------------
(Name of Institutional Investment Manager)
------------------------------------------
(Manual Signature of Person Duly Authorized
to Submit This Report)
Name and 13F file numbers of ALL Institutional Investment Managers with
respect to which this schedule is filled (other than the one filing this
report): (LIST IN ALPHABETICAL ORDER).
13F File Numbers will be assigned to Institutional Investment Managers after
they file their first report.
<TABLE>
<CAPTION>
Name: 13F File No.: Name: 13F File No.:
- ------------------------------------ -------------- ------------------------------------ -------------
<S> <C> <C> <C>
1. Euclid Advisors LLP 6.
- ------------------------------------ -------------- ------------------------------------ -------------
2. Zweig Advisors, Inc. 28-1917 7.
- ------------------------------------ -------------- ------------------------------------ -------------
3. Zweig/Glaser Advisors, LLC 28-2621 8.
- ------------------------------------ -------------- ------------------------------------ -------------
4. Zweig Total Return Advisors, Inc. 9.
- ------------------------------------ -------------- ------------------------------------ -------------
5. 10.
- ------------------------------------ -------------- ------------------------------------ -------------
</TABLE>
SEC 1685 (7-88)
<PAGE>
[SEC LETTERHEAD]
March 22, 1999
Step 0-7
Zweig Glaser Advisers Inc.
Attn: Marc Baltuch
900 Third Avenue, 31st Floor
New York, NY 10022
Re: Edgar Access Codes
Dear Mr. Baltuch:
Enclosed are your CIK, CIK Confirmation Code (CCC), Password, and Password
Modification Authorization Code (PMAC) for use on the EDGAR system.
Should you have questions concerning this information, please contact Filer
Support at (202) 942-8900.
Respectfully,
Filer Support Staff
Branch of EDGAR Operations
[ILLEGIBLE]
Enclosures (1)
[ILLEGIBLE]
<PAGE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
ZWEIG/GLASER ADVISERS SEC FORM 13F 03/31/99
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
- -----------------------------------------------------------------------------------------------------------------------------------
TITLE OF MARKET SHARES INVESTMENT VOTING
NAME OF ISSUER CLASS CUSIP VALUE OWNED DISCRETION MANAGER AUTHORITY
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
Aar Corp Common Stock 000361105 1,045,594 58,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Afc Cable Systems Inc Common Stock 000950105 481,950 16,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Aflac Inc Common Stock 001055102 1,845,431 33,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Ak Steel Holding Corp Common Stock 001547108 8,406,788 372,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
At&t Corp Common Stock 001957109 7,701,906 96,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Acclaim Enmnt Inc Common Stock 004325205 802,588 89,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Action Performance Cos Inc Common Stock 004933107 2,807,650 93,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Adaptec Inc Common Stock 00651F108 3,239,375 142,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Adobe Systems Inc Common Stock 00724F101 1,384,700 24,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Advo Inc Common Stock 007585102 366,938 19,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Aetna Inc Common Stock 008117103 522,900 6,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Affiliated Comp Svcs -cl A Common Stock 008190100 306,525 6,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Airborne Freight Corp Common Stock 009266107 8,704,800 280,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Airtouch Communications Inc Common Stock 00949T100 1,642,625 17,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Alaska Air Group Inc Common Stock 011659109 5,614,500 118,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Albemarle Corp Common Stock 012653101 2,246,594 107,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Alberto-culver Co -cl B Common Stock 013068101 963,050 41,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Alcan Aluminium Ltd Common Stock 013716105 5,529,038 214,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Alcoa Inc Common Stock 013817101 626,050 15,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Alfa Corp Common Stock 015385107 443,438 27,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Alleghany Corp Common Stock 017175100 1,276,093 6,940 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Allergan Inc Common Stock 018490102 6,203,975 70,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Alliant Techsystems Inc Common Stock 018804104 310,750 4,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Allstate Corp Common Stock 020002101 12,441,881 335,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Ambac Financial Gp Common Stock 023139108 7,678,800 142,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
America Online Inc Common Stock 02364J104 3,542,700 24,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
America West Hldg Cp -cl B Common Stock 023657208 2,754,531 144,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Amern Eagle Outfitters Inc Common Stock 02553D108 2,301,169 32,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
American Finl Group Inc Common Stock 025932104 270,944 7,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
American Management Systems Common Stock 027352103 255,938 7,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Americredit Corp Common Stock 03060R101 1,004,063 76,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Amerin Corp Common Stock 03070X106 1,915,469 94,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Ameripath Inc Common Stock 03071D109 304,200 33,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Ames Dept Stores Inc Common Stock 030789507 2,895,750 78,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Ameritech Corp Common Stock 030954101 4,396,788 76,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Amgen Inc Common Stock 031162100 17,123,913 228,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Ampco-pittsburgh Corp Common Stock 032037103 182,688 18,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Amsouth Bancorporation Common Stock 032165102 1,028,300 22,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Amtran Inc Common Stock 03234G106 619,400 32,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Anheuser-busch Cos Inc Common Stock 035229103 5,214,563 68,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Anntaylor Stores Corp Common Stock 036115103 5,002,025 113,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Apartment Invt &mgmt -cl A Common Stock 03748R101 3,672,125 101,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Apple Computer Inc Common Stock 037833100 5,121,094 142,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Applied Materials Inc Common Stock 038222105 5,977,519 96,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Applied Power -cl A Common Stock 038225108 1,299,825 47,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Aptargroup Inc Common Stock 038336103 1,635,400 62,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Arden Realty Inc Common Stock 039793104 640,800 28,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Armstrong World Inds Inc Common Stock 042476101 4,075,913 90,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Arvin Industries Inc Common Stock 043339100 4,645,944 137,913 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Ashland Inc Common Stock 044204105 11,442,031 279,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Astec Industries Inc Common Stock 046224101 1,355,413 43,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Astoria Finl Corp Common Stock 046265104 12,105,000 242,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Autozone Inc Common Stock 053332102 425,250 14,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Avalonbay Communities Inc Common Stock 053484101 1,654,313 51,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Avant Corp Common Stock 053487104 1,540,700 86,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Avery Dennison Corp Common Stock 053611109 2,087,250 36,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Aviall Inc Common Stock 05366B102 604,500 39,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Aviation Sales Co Common Stock 053672101 1,326,100 29,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Page 1
<PAGE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
ZWEIG/GLASER ADVISERS SEC FORM 13F 03/31/99
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
- -----------------------------------------------------------------------------------------------------------------------------------
TITLE OF MARKET SHARES INVESTMENT VOTING
NAME OF ISSUER CLASS CUSIP VALUE OWNED DISCRETION MANAGER AUTHORITY
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
Avis Rent A Car Inc Common Stock 053790101 1,090,888 39,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Avnet Inc Common Stock 053807103 4,112,325 111,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Avondale Industries Inc Common Stock 054350103 4,693,450 159,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Bce Inc Common Stock 05534B109 1,019,188 23,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Bec Energy Common Stock 05538M101 4,263,000 116,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Bsb Bancorp Common Stock 055652101 302,056 12,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Bmc Software Inc Common Stock 055921100 4,202,035 113,377 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Bacou Usa Inc Common Stock 056439102 290,063 22,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Ball Corp Common Stock 058498106 4,787,625 102,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Bancwest Corp Common Stock 059790105 361,250 8,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Bank United Corp -cl A Common Stock 065412108 604,950 14,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Bankers Trust Corp Common Stock 066365107 458,900 5,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Banta Corp Common Stock 066821109 429,400 22,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Be Aerospace Inc Common Stock 073302101 2,156,450 146,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Bear Stearns Companies Inc Common Stock 073902108 8,138,934 182,130 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Bell Atlantic Corp Common Stock 077853109 5,810,709 112,420 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Bellsouth Corp Common Stock 079860102 2,307,600 57,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Bergen Brunswig Corp -cl A Common Stock 083739102 702,000 35,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Best Buy Co Inc Common Stock 086516101 12,282,400 236,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Biogen Inc Common Stock 090597105 2,206,231 19,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Blackrock 2001 Term Tr Inc Common Stock 092477108 734,400 81,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Blackrock Strategic Term Tr Common Stock 09247P108 749,700 81,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Blanch E W Hldgs Inc Common Stock 093210102 367,500 7,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Block H & R Inc Common Stock 093671105 2,041,863 43,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Bob Evans Farms Common Stock 096761101 2,306,000 115,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Boise Cascade Corp Common Stock 097383103 6,256,500 194,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Borg Warner Auto Common Stock 099724106 7,031,689 147,068 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Bowne & Co Inc Common Stock 103043105 434,775 37,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Bradley Real Estate Inc Common Stock 104580105 616,688 34,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Brandywine Realty Trust Common Stock 105368203 765,375 47,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Briggs & Stratton Common Stock 109043109 2,268,375 46,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Brightpoint Inc Common Stock 109473108 237,431 40,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Brinker Intl Inc Common Stock 109641100 8,118,438 313,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Bristol Myers Squibb Common Stock 110122108 513,000 8,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Broadvision Inc Common Stock 111412102 8,090,150 135,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Browning-ferris Inds Common Stock 115885105 1,087,463 28,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Brunswick Corp Common Stock 117043109 5,143,063 269,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Buckle Inc Common Stock 118440106 1,000,125 44,450 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Brlngtn Nthrn Santa Fe Common Stock 12189T104 19,366,663 589,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Cbl & Associates Pptys Inc Common Stock 124830100 2,280,825 98,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Cdw Computer Centers Inc Common Stock 125129106 1,863,000 27,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Cec Entertainment Inc Common Stock 125137109 1,664,600 46,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Cigna Corp Common Stock 125509109 2,874,769 34,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Cmac Investment Corp Common Stock 125662106 2,496,000 64,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Cna Financial Corp Common Stock 126117100 360,956 9,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Cnf Transportation Inc Common Stock 12612W104 14,705,281 388,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Cts Corp Common Stock 126501105 4,805,325 97,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Cable Design Tech Cp -cl A Common Stock 126924109 203,500 18,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Calpine Corp Common Stock 131347106 867,213 23,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Canadian Pacific Ltd Common Stock 135923100 645,563 33,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Canadian National Railway Co Common Stock 136375102 5,579,188 100,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Canandaigua Brands -cl A Common Stock 137219200 2,826,038 56,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Carlisle Cos Inc Common Stock 142339100 1,313,675 28,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Carramerica Realty Corp Common Stock 144418100 915,594 41,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Castle & Cooke Inc Common Stock 148433105 243,425 18,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Catellus Development Corp Common Stock 149111106 722,250 54,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Cato Corp -cl A Common Stock 149205106 960,119 103,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Centex Corp Common Stock 152312104 11,370,863 340,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Page 2
<PAGE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
ZWEIG/GLASER ADVISERS SEC FORM 13F 03/31/99
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
- -----------------------------------------------------------------------------------------------------------------------------------
TITLE OF MARKET SHARES INVESTMENT VOTING
NAME OF ISSUER CLASS CUSIP VALUE OWNED DISCRETION MANAGER AUTHORITY
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
Centex Constrn Prods Inc Common Stock 15231R109 3,677,732 105,644 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Central & South West Corp Common Stock 152357109 8,430,469 359,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Central European Eqty Fd Inc Common Stock 153436100 784,063 65,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Century Telephone Enterprise Common Stock 156686107 2,144,967 45,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Champion Enterprises Inc Common Stock 158496109 813,750 42,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Charter One Finl Inc Common Stock 160903100 3,364,628 116,587 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Chartwell Re Corp Common Stock 16139W109 193,200 11,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Chase Manhattan Corp Common Stock 16161A108 13,093,238 160,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Chesapeake Corp Common Stock 165159104 862,575 31,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Chiquita Brands Intl Common Stock 170032106 642,831 63,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Chris-craft Inds Common Stock 170520100 762,576 16,714 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Church & Dwight Inc Common Stock 171340102 594,950 14,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Ciber Inc Common Stock 17163B102 1,319,438 68,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Cisco Systems Inc Common Stock 17275R102 13,311,844 121,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Circus Circus Enterpr Inc Common Stock 172909103 358,275 20,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Citigroup Inc Common Stock 172967101 427,963 6,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Citizens Utilities -ser B Common Stock 177342201 1,747,974 225,545 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Claires Stores Inc Common Stock 179584107 5,076,063 168,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Clayton Homes Inc Common Stock 184190106 391,613 35,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Coastal Corp Common Stock 190441105 8,827,500 267,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Colgate-palmolive Co Common Stock 194162103 1,996,400 21,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Comair Holdings Inc Common Stock 199789108 7,724,194 326,950 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Comcast Corp -cl A Spl Common Stock 200300200 5,683,256 90,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Comdisco Inc Common Stock 200336105 831,188 46,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Commerce Bancshares Inc Common Stock 200525103 673,750 17,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Compaq Computer Corp Common Stock 204493100 9,193,431 290,128 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Computer Sciences Corp Common Stock 205363104 993,375 18,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Computer Task Group Inc Common Stock 205477102 457,425 21,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Compuware Corp Common Stock 205638109 2,440,025 102,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Conagra Inc Common Stock 205887102 1,212,063 47,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Conseco Inc Common Stock 208464107 11,536,104 373,639 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Consolidated Graphics Inc Common Stock 209341106 1,726,725 29,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Consolidated Natural Gas Co Common Stock 209615103 530,694 10,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Continental Airls Inc -cl B Common Stock 210795308 266,000 7,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Cooper Tire & Rubber Common Stock 216831107 4,437,563 241,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Coors (adolph) -cl B Common Stock 217016104 15,924,600 294,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Copart Inc Common Stock 217204106 576,850 27,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Cordant Technologies Inc Common Stock 218412104 5,928,081 148,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Countrywide Credit Ind Inc Common Stock 222372104 5,895,000 157,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Crane Co Common Stock 224399105 457,144 18,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Crossmann Communities Inc Common Stock 22764E109 285,106 14,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Cummins Engine Common Stock 231021106 6,230,550 175,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Curtiss-wright Corp Common Stock 231561101 229,863 7,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
D R Horton Inc Common Stock 23331A109 3,102,938 185,250 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Dst Systems Inc Common Stock 233326107 210,219 3,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Dte Energy Co Common Stock 233331107 12,392,250 322,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Dana Corp Common Stock 235811106 10,385,400 273,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Darden Restaurants Inc Common Stock 237194105 6,284,438 304,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Dayton Hudson Corp Common Stock 239753106 2,631,688 39,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Dell Computer Corp Common Stock 247025109 11,960,025 292,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Delphi Financial Grp -cl A Common Stock 247131105 1,660,282 49,012 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Delta Air Lines Inc Common Stock 247361108 2,488,100 35,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Dexter Corp Common Stock 252165105 1,685,250 53,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Diamond Offshre Drilling Inc Common Stock 25271C102 442,750 14,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Dillards Inc -cl A Common Stock 254067101 1,157,100 45,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Dime Bancorp Inc Common Stock 25429Q102 5,857,163 252,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Dionex Corp Common Stock 254546104 856,925 22,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Dollar Tree Stores Inc Common Stock 256747106 1,812,938 58,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Page 3
<PAGE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
ZWEIG/GLASER ADVISERS SEC FORM 13F 03/31/99
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
- -----------------------------------------------------------------------------------------------------------------------------------
TITLE OF MARKET SHARES INVESTMENT VOTING
NAME OF ISSUER CLASS CUSIP VALUE OWNED DISCRETION MANAGER AUTHORITY
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
Donaldsn Lufkin & Jenrette Common Stock 257661108 432,450 6,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Doral Financial Corp Common Stock 25811P100 4,404,488 239,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Dow Chemical Common Stock 260543103 1,947,619 20,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Downey Financial Corp Common Stock 261018105 583,894 31,885 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Duke Realty Investments Inc Common Stock 264411505 806,250 37,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Dycom Industries Inc Common Stock 267475101 4,589,250 105,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Emc Corp/ma Common Stock 268648102 16,173,150 126,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Eagle Hardware & Garden Inc Common Stock 26959B101 5,258,419 137,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Earthgrains Co Common Stock 270319106 7,783,375 350,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Eastman Kodak Co Common Stock 277461109 210,788 3,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Edison International Common Stock 281020107 12,744,800 572,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Edwards (a G) Inc Common Stock 281760108 11,234,694 343,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
El Paso Electric Co Common Stock 283677854 435,388 57,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
El Paso Energy Corp/de Common Stock 283905107 451,088 13,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Elcor Corp Common Stock 284443108 601,706 17,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Electronic Arts Inc Common Stock 285512109 1,947,500 41,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Electronic Data Systems Corp Common Stock 285661104 1,290,219 26,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Electronics For Imaging Inc Common Stock 286082102 1,478,100 37,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Emerging Mkts Telecomms Fd Common Stock 290887108 1,002,025 107,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Emerging Mkts Infrast Fd Inc Common Stock 290921105 2,387,125 293,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Energy East Corp Common Stock 29266M109 9,219,463 350,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Enhance Financial Svcs Grp Common Stock 293310108 1,987,200 86,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Entergy Corp Common Stock 29364G103 11,206,250 407,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Equitable Cos Inc Common Stock 29444G107 2,611,000 37,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Equitable Resources Inc Common Stock 294549100 406,575 15,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Equity Inns Inc Common Stock 294703103 193,800 22,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Equity Office Properties Tr Common Stock 294741103 3,732,663 147,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Essex Property Trust Common Stock 297178105 556,463 21,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Esterline Technologies Common Stock 297425100 1,262,700 97,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Ethan Allen Interiors Inc Common Stock 297602104 2,718,188 65,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Ethyl Corp Common Stock 297659104 297,500 70,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Everest Reinsurance Hldgs Common Stock 299808105 343,063 11,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Extended Stay America Inc Common Stock 30224P101 550,125 54,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Exxon Corp Common Stock 302290101 1,079,606 15,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Fbl Finl Group Inc -cl A Common Stock 30239F106 624,800 35,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Fdx Corp Common Stock 31304N107 362,700 3,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Fed Home Loan Mtg Co Common Stock 313400301 12,379,500 216,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Fannie Mae Common Stock 313586109 12,042,575 173,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Federated Dept Stores Common Stock 31410H101 2,901,038 72,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Felcor Lodging Tr Inc Common Stock 31430F101 913,054 39,377 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Fidelity National Finl Inc Common Stock 316326107 2,347,005 156,467 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Financial Sec Assurance Hldg Common Stock 31769P100 4,962,500 100,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
First Amer Finl Cp Ca Common Stock 318522307 204,772 12,950 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
First Indl Realty Trust Inc Common Stock 32054K103 332,731 13,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
1st Source Corp Common Stock 336901103 235,025 7,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Firstfed Financial Corp/ca Common Stock 337907109 1,855,219 115,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Flagstar Bancorp Inc Common Stock 337930101 1,518,450 57,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Firstenergy Corp Common Stock 337932107 448,000 16,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Fleet Financial Group Inc Common Stock 338915101 2,558,500 68,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Fleetwood Enterprises Common Stock 339099103 4,831,900 168,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Florida East Coast Inds Common Stock 340632108 329,313 11,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Florida Progress Corp Common Stock 341109106 1,940,350 51,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Flowers Industries Inc Common Stock 343496105 1,295,275 52,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Fluor Corp Common Stock 343861100 5,805,000 215,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Foodmaker Inc Common Stock 344839204 4,472,700 175,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Ford Motor Co Common Stock 345370100 26,552,879 468,408 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Fortune Brands Inc Common Stock 349631101 8,046,500 209,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Fossil Inc Common Stock 349882100 1,332,619 44,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Page 4
<PAGE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
ZWEIG/GLASER ADVISERS SEC FORM 13F 03/31/99
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
- -----------------------------------------------------------------------------------------------------------------------------------
TITLE OF MARKET SHARES INVESTMENT VOTING
NAME OF ISSUER CLASS CUSIP VALUE OWNED DISCRETION MANAGER AUTHORITY
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
Foster Wheeler Corp Common Stock 350244109 249,775 20,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
France Growth Fd Inc Common Stock 35177K108 1,223,338 90,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Freeprt Mcmor Cop&gld -cl B Common Stock 35671D857 391,500 36,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Fremont General Corp Common Stock 357288109 3,006,156 157,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Furniture Brands Intl Inc Common Stock 360921100 2,650,575 119,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Gatx Corp Common Stock 361448103 6,531,506 198,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Gbc Bancorp/ca Common Stock 361475106 370,500 24,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Gpu Inc Common Stock 36225X100 16,779,431 449,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Gte Corp Common Stock 362320103 2,026,750 33,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Gabelli Equity Trust Common Stock 362397101 1,782,438 150,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Gabelli Glbl Multimedia Tr Common Stock 36239Q109 1,797,875 151,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Gap Inc Common Stock 364760108 2,948,288 43,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Gardner Denver Inc Common Stock 365558105 609,600 38,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Gaylord Entertainment Common Stock 367905106 1,172,075 48,333 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
General Dynamics Corp Common Stock 369550108 700,325 10,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
General Growth Pptys Inc Common Stock 370021107 681,188 21,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
General Motors Corp Common Stock 370442105 26,682,900 306,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Gentex Corp Common Stock 371901109 927,188 43,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Genlyte Group Inc Common Stock 372302109 1,064,000 66,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Gensia Sicor Inc Common Stock 372450106 45,563 16,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Georgia-pacific Group Common Stock 373298108 9,214,425 124,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Golden West Financial Corp Common Stock 381317106 792,650 8,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Goodrich (b F) Co Common Stock 382388106 11,467,238 334,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Grainger (w W) Inc Common Stock 384802104 641,631 14,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Great Atlantic & Pac Tea Co Common Stock 390064103 771,000 25,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Greenpoint Financial Corp Common Stock 395384100 524,725 15,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Greif Bros Corp -cl A Common Stock 397624107 336,600 15,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Halliburton Co Common Stock 406216101 488,950 12,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Handleman Co Common Stock 410252100 664,738 49,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Hanson Plc -adr Common Stock 411352404 1,179,200 26,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Harbor Florida Bancshares Common Stock 411901101 295,800 23,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Harley-davidson Inc Common Stock 412822108 424,575 7,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Harrahs Entertainment Inc Common Stock 413619107 899,750 47,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Harris Corp Common Stock 413875105 1,190,800 41,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Hartford Finl Svcs Grp Inc Common Stock 416515104 10,112,625 178,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Healthsouth Corp Common Stock 421924101 1,240,850 119,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Health Care Reit Inc Common Stock 42217K106 399,900 18,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Healthcare Finl Partners Inc Common Stock 42219W108 339,625 13,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Henry (jack) & Associates Common Stock 426281101 959,175 26,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Hertz Corp -cl A Common Stock 428040109 310,300 5,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Hewlett-packard Co Common Stock 428236103 5,608,094 82,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Highwoods Properties Inc Common Stock 431284108 549,006 23,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Hollinger Intl Inc -cl A Common Stock 435569108 991,419 73,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Hollywood Entmt Corp Common Stock 436141105 702,163 37,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Home Depot Inc Common Stock 437076102 13,738,575 220,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Hon Industries Common Stock 438092108 230,344 10,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Hooper Holmes Inc Common Stock 439104100 745,313 47,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Hormel Foods Corp Common Stock 440452100 819,375 23,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Hospitality Properties Trust Common Stock 44106M102 270,625 10,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Household International Inc Common Stock 441815107 714,716 15,665 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Hughes Supply Inc Common Stock 444482103 606,288 26,650 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Humana Inc Common Stock 444859102 3,477,600 201,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Hunt (jb) Transprt Svcs Inc Common Stock 445658107 1,667,400 79,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Ibp Inc Common Stock 449223106 2,719,250 146,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Imc Global Inc Common Stock 449669100 7,482,169 366,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Itt Industries Inc Common Stock 450911102 749,950 21,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Idacorp Inc Common Stock 451107106 476,888 16,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Ikon Office Solutions Common Stock 451713101 502,250 39,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Page 5
<PAGE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
ZWEIG/GLASER ADVISERS SEC FORM 13F 03/31/99
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
- -----------------------------------------------------------------------------------------------------------------------------------
TITLE OF MARKET SHARES INVESTMENT VOTING
NAME OF ISSUER CLASS CUSIP VALUE OWNED DISCRETION MANAGER AUTHORITY
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
Imation Corp Common Stock 45245A107 361,350 21,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Indymac Mortgage Hldgs Inc Common Stock 456607100 165,300 15,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Ingersoll-rand Co Common Stock 456866102 13,254,838 267,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Insight Enterprises Inc Common Stock 45765U103 4,727,869 191,025 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Innkeepers Usa Trust Common Stock 4576J0104 854,888 91,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Intel Corp Common Stock 458140100 14,538,413 122,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Interface Inc -cl A Common Stock 458665106 1,011,588 105,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Interim Services Inc Common Stock 45868P100 2,173,500 144,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Intermet Corp Common Stock 45881K104 1,142,225 85,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Intl Business Machines Corp Common Stock 459200101 11,485,800 64,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Intl Specialty Prods Inc Common Stock 460337108 646,594 85,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Interpublic Group Of Cos Common Stock 460690100 311,500 4,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Intimate Brands Inc -cl A Common Stock 461156101 664,125 13,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Investment Technology Gp Inc Common Stock 461450108 319,725 6,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Irvine Apartment Communities Common Stock 463606103 466,825 14,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Italy Fund Common Stock 465395101 1,369,181 90,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Jacobs Engineering Group Inc Common Stock 469814107 687,159 17,424 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Johnson & Johnson Common Stock 478160104 1,402,500 15,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Johnson Controls Inc Common Stock 478366107 7,746,975 124,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Jones Apparel Group Inc Common Stock 480074103 472,144 16,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Juno Lighting Inc Common Stock 482047107 693,319 30,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
K Mart Corp Common Stock 482584109 3,160,750 188,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Kansas City Southern Inds Common Stock 485170104 1,231,200 21,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Kaufman & Broad Home Common Stock 486168107 5,848,200 259,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Kennametal Inc Common Stock 489170100 2,296,538 130,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Keyspan Energy Common Stock 49337K106 2,599,734 103,472 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Kimco Realty Corp Common Stock 49446R109 265,500 7,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Kinder Morgan Energy -lp Common Stock 494550106 432,813 12,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
King World Productions Inc Common Stock 495667107 1,784,850 58,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Knight-ridder Inc Common Stock 499040103 8,885,000 177,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
La-z-boy Inc Common Stock 505336107 411,994 21,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Lafarge Corp Common Stock 505862102 3,052,000 109,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Landamerica Financial Gp Common Stock 514936103 678,600 23,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Landstar System Inc Common Stock 515098101 1,861,625 56,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Lattice Semiconductor Corp Common Stock 518415104 1,603,800 35,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Level One Communications Inc Common Stock 527295109 1,273,975 26,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Lexmark Intl Grp Inc -cl A Common Stock 529771107 12,328,625 110,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Liberty Financial Cos Inc Common Stock 530512102 1,237,031 52,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Liberty Property Trust Common Stock 531172104 1,550,025 74,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Limited Inc Common Stock 532716107 2,024,838 51,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Lincoln National Corp Common Stock 534187109 2,679,513 27,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Liposome Company Inc Common Stock 536310105 595,281 44,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Litton Industries Inc Common Stock 538021106 812,875 14,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Liz Claiborne Inc Common Stock 539320101 4,123,800 126,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Loews Corp Common Stock 540424108 10,566,900 141,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Lone Star Industries Common Stock 542290408 6,330,200 204,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Louisiana-pacific Corp Common Stock 546347105 1,139,850 61,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Lowes Cos Common Stock 548661107 3,291,200 54,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Lucent Technologies Inc Common Stock 549463107 14,590,800 270,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Mdc Holdings Inc Common Stock 552676108 458,563 31,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Mci Worldcom Inc Common Stock 55268B106 15,693,275 177,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Mdu Resources Group Inc Common Stock 552690109 2,216,588 96,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Mgi Properties Common Stock 552885105 246,375 9,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
M S Carriers Inc Common Stock 553533100 2,133,506 80,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Macdermid Inc Common Stock 554273102 509,063 15,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Mack Cali Realty Corp Common Stock 554489104 340,750 11,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Macmillan Bloedel Ltd Common Stock 554783209 956,250 85,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Magna International -cl A Common Stock 559222401 1,027,291 17,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Page 6
<PAGE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
ZWEIG/GLASER ADVISERS SEC FORM 13F 03/31/99
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
- -----------------------------------------------------------------------------------------------------------------------------------
TITLE OF MARKET SHARES INVESTMENT VOTING
NAME OF ISSUER CLASS CUSIP VALUE OWNED DISCRETION MANAGER AUTHORITY
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
Mail-well Inc Common Stock 560321200 930,900 69,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Manitowoc Co Common Stock 563571108 1,238,104 44,350 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Manufactured Home Cmntys Inc Common Stock 564682102 249,600 10,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Mark Iv Industries Inc Common Stock 570387100 306,800 23,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Marsh & Mclennan Cos Common Stock 571748102 2,769,525 37,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Marriott Intl Inc Common Stock 571903202 803,638 23,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Mastech Corp Common Stock 57632N105 465,400 35,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Mattel Inc Common Stock 577081102 291,769 11,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
May Department Stores Co Common Stock 577778103 1,956,250 50,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Maytag Corp Common Stock 578592107 3,737,213 61,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Mcgrath Rentcorp Common Stock 580589109 436,175 23,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Mcgraw-hill Companies Common Stock 580645109 1,155,400 21,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Medical Assurance Inc Common Stock 58449U100 331,772 11,849 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Mens Wearhouse Inc Common Stock 587118100 453,338 15,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Merck & Co Common Stock 589331107 4,302,713 53,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Meritor Automotive Inc Common Stock 59000G100 688,200 44,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Merrill Corporation Common Stock 590175105 295,588 22,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Merrill Lynch & Co Common Stock 590188108 3,964,800 44,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Metals Usa Inc Common Stock 591324108 846,125 96,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Mexico Fund Common Stock 592835102 3,493,125 230,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Michael Foods Inc Common Stock 594079105 430,813 22,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Michaels Stores Inc Common Stock 594087108 967,750 39,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Microsoft Corp Common Stock 594918104 25,211,513 281,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Midwest Express Holdings Inc Common Stock 597911106 666,813 22,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Milacron Inc Common Stock 598709103 1,970,325 125,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Minnesota Mining & Mfg Co Common Stock 604059105 1,280,575 18,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Minnesota Power & Light Common Stock 604110106 2,924,975 148,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Modis Professional Svcs Inc Common Stock 607830106 687,844 75,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Mohawk Industries Inc Common Stock 608190104 4,290,000 143,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Monaco Coach Corp Common Stock 60886R103 330,947 14,350 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Mondavi Robert Corp -cl A Common Stock 609200100 378,950 10,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Montana Power Co Common Stock 612085100 419,306 5,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Moog Inc -cl A Common Stock 615394202 744,200 24,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Morgan (j P) & Co Common Stock 616880100 7,686,263 62,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Morgan Stanley Dean Witter Common Stock 617446448 17,978,756 179,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Morgan Stanley Emerging Mkts Common Stock 61744G107 1,657,181 173,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Motivepower Industries Inc Common Stock 61980K101 2,353,375 140,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Mueller Industries Common Stock 624756102 297,588 13,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Musicland Stores Corp Common Stock 62758B109 812,700 90,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Myers Industries Inc Common Stock 628464109 363,350 17,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Nci Building Systems Inc Common Stock 628852105 2,164,350 92,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Nac Re Corp Common Stock 628907107 810,681 15,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Nvr Inc Common Stock 62944T105 564,475 13,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Nacco Industries -cl A Common Stock 629579103 1,199,813 16,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
National R V Holdings Inc Common Stock 637277104 889,425 40,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
National Service Inds Inc Common Stock 637657107 899,250 26,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Natl Wstn Life Ins Co -cl A Common Stock 638522102 200,925 1,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Nationwide Finl Svcs -cl A Common Stock 638612101 1,230,600 29,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Navistar Internationl Common Stock 63934E108 4,709,975 117,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Neiman-marcus Group Inc Common Stock 640204103 280,550 12,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Network Appliance Inc Common Stock 64120L104 227,813 4,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Nevada Power Co Common Stock 641423108 430,650 17,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
New England Electric System Common Stock 644001109 582,000 12,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
New York Times Co -cl A Common Stock 650111107 997,500 35,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Newmont Mining Corp Common Stock 651639106 931,000 53,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Newport News Shipbuilding Common Stock 652228107 240,825 7,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Niagara Mohawk Holdings Inc Common Stock 653520106 184,094 13,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Nokia Corp -adr Common Stock 654902204 11,774,700 75,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Page 7
<PAGE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
ZWEIG/GLASER ADVISERS SEC FORM 13F 03/31/99
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
- -----------------------------------------------------------------------------------------------------------------------------------
TITLE OF MARKET SHARES INVESTMENT VOTING
NAME OF ISSUER CLASS CUSIP VALUE OWNED DISCRETION MANAGER AUTHORITY
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
Nortek Inc Common Stock 656559101 1,034,550 41,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Northern States Power/mn Common Stock 665772109 1,071,263 46,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Northrop Grumman Corp Common Stock 666807102 7,035,313 117,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Oge Energy Corp Common Stock 670837103 329,413 14,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Oakwood Homes Common Stock 674098108 336,000 24,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Officemax Inc Common Stock 67622M108 496,800 57,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Ogden Corp Common Stock 676346109 2,829,750 117,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Old Kent Financial Corp Common Stock 679833103 1,184,750 28,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Old Republic Intl Corp Common Stock 680223104 10,852,363 594,650 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Oracle Corp Common Stock 68389X105 3,829,650 145,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Oshkosh B'gosh Inc -cl A Common Stock 688222207 1,703,306 96,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Owens & Minor Inc Common Stock 690732102 260,213 25,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Owens Corning Common Stock 69073F103 1,202,513 37,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Peco Energy Co Common Stock 693304107 2,650,125 57,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Pg&e Corp Common Stock 69331C108 18,121,086 583,375 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Pmi Group Inc Common Stock 69344M101 2,731,488 58,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Pnc Bank Corp Common Stock 693475105 4,367,213 78,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Paccar Inc Common Stock 693718108 6,449,963 156,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Pacific Century Financial Cp Common Stock 694058108 1,592,763 76,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Pacificare Health Sys -cl B Common Stock 695112201 3,535,350 51,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Paine Webber Group Common Stock 695629105 10,176,100 255,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Pan Pac Retail Pptys Inc Common Stock 69806L104 816,500 46,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Payless Shoesource Inc Common Stock 704379106 353,400 7,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Penney (j C) Co Common Stock 708160106 328,050 8,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Pentair Inc Common Stock 709631105 978,750 29,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Personnel Group America Inc Common Stock 715338109 792,063 110,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
P T Telekomunikasi Ind -adr Common Stock 715684106 859,988 134,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Pfizer Inc Common Stock 717081103 1,526,250 11,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Philip Morris Cos Inc Common Stock 718154107 2,318,856 65,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Philippine Lg Dist -sp Adr Common Stock 718252604 294,975 11,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Phillips Petroleum Co Common Stock 718507106 2,579,850 54,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Phillips-van Heusen Common Stock 718592108 657,450 97,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Pier 1 Imports Inc/de Common Stock 720279108 4,062,500 500,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Pilgrims Pride Corp Common Stock 721467108 1,993,869 121,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Pillowtex Corp Common Stock 721501104 310,706 21,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Pinnacle Systems Inc Common Stock 723481107 1,433,250 31,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Pinnacle West Capital Common Stock 723484101 5,001,563 137,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Polaris Inds Inc Common Stock 731068102 774,700 24,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Portugal Fd Inc Common Stock 737265108 465,975 34,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Portugal Telecom S A -adr Common Stock 737273102 1,480,863 33,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Precision Castparts Corp Common Stock 740189105 1,030,400 25,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Premark International Inc Common Stock 740459102 9,374,309 284,609 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Prentiss Properties Trust Common Stock 740706106 534,375 28,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Presidential Life Corp Common Stock 740884101 2,455,644 136,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Procter & Gamble Co Common Stock 742718109 2,056,688 21,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Progress Software Corp Common Stock 743312100 2,525,250 74,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Providian Financial Corp Common Stock 74406A102 3,888,500 35,350 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Public Service Co Of N Mex Common Stock 744499104 3,182,400 187,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Public Service Entrp Common Stock 744573106 8,091,931 211,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Public Storage Inc Common Stock 74460D109 842,500 33,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Pulte Corp Common Stock 745867101 4,576,669 219,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Queens County Bancorp Inc Common Stock 748242104 923,400 34,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Rfs Hotel Investors Inc Common Stock 74955J108 333,000 28,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Rjr Nabisco Hldgs Corp Common Stock 74960K876 9,304,600 372,184 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Reckson Assocs Rlty Corp Common Stock 75621K106 769,038 37,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Reliance Steel & Aluminum Co Common Stock 759509102 1,397,406 48,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Reliastar Financial Corp Common Stock 75952U103 3,951,338 92,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Rental Service Corp Common Stock 76009V102 453,250 25,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Page 8
<PAGE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
ZWEIG/GLASER ADVISERS SEC FORM 13F 03/31/99
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
- -----------------------------------------------------------------------------------------------------------------------------------
TITLE OF MARKET SHARES INVESTMENT VOTING
NAME OF ISSUER CLASS CUSIP VALUE OWNED DISCRETION MANAGER AUTHORITY
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
Repsol Sa -adr Common Stock 76026T205 266,500 5,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Republic Bancorp Inc Common Stock 760282103 1,353,300 104,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Resmed Inc Common Stock 761152107 242,950 8,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Resource Bancshares Mtg Grp Common Stock 761197102 691,388 53,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Reynolds & Reynolds -cl A Common Stock 761695105 243,200 12,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Reynolds Metals Co Common Stock 761763101 7,246,875 150,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Roberts Pharmaceutical Corp Common Stock 770491108 1,112,200 53,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Rochester Gas & Electric Common Stock 771367109 1,450,375 56,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Rockwell Intl Corp Common Stock 773903109 2,703,269 63,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Rollins Truck Leasing Common Stock 775741101 733,294 77,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Romac International Inc Common Stock 775835101 136,850 16,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Roslyn Bancorp Inc Common Stock 778162107 5,512,472 326,665 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Ross Stores Inc Common Stock 778296103 10,493,094 239,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Royce Value Trust Common Stock 780910105 2,424,438 214,315 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Ruby Tuesday Inc Common Stock 781182100 771,450 44,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Ryan's Family Stk Houses Inc Common Stock 783519101 1,183,331 98,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Ryder System Inc Common Stock 783549108 8,287,500 300,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Ryland Group Inc Common Stock 783764103 873,281 34,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Sbc Communications Inc Common Stock 78387G103 2,831,250 60,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Sei Investments Co Common Stock 784117103 259,000 2,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Sli Inc Common Stock 78442T108 546,000 26,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Sps Technologies Inc Common Stock 784626103 3,002,625 76,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Safety-kleen Corp Common Stock 78648R203 1,051,388 79,350 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Safeway Inc Common Stock 786514208 6,824,563 133,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Sanmina Corp Common Stock 800907107 3,327,750 52,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Schering-plough Common Stock 806605101 3,867,500 70,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Schulman (a.) Inc Common Stock 808194104 408,750 30,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Scientific-atlanta Inc Common Stock 808655104 1,542,350 56,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Sea Containers Ltd -cl A Common Stock 811371707 718,988 24,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Seacor Smit Inc Common Stock 811904101 1,786,575 33,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Sears Roebuck & Co Common Stock 812387108 14,112,056 312,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Seitel Inc Common Stock 816074306 165,856 11,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Selective Ins Group Inc Common Stock 816300107 1,193,213 67,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Sequa Corp -cl A Common Stock 817320104 411,548 8,190 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Service Corp International Common Stock 817565104 4,275,000 300,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Shared Medical Systems Corp Common Stock 819486101 1,414,463 25,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Shaw Industries Inc Common Stock 820286102 1,441,150 77,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Sherwin-williams Co Common Stock 824348106 255,938 9,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Shopko Stores Inc Common Stock 824911101 256,925 8,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Shorewood Packaging Corp Common Stock 825229107 384,650 19,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Sierra Pacific Res Common Stock 826425100 1,794,563 51,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Simpson Manufacturing Inc Common Stock 829073105 591,675 14,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Skywest Inc Common Stock 830879102 2,772,000 96,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Smith (a O) Corp Common Stock 831865209 265,050 13,950 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Smithfield Foods Inc Common Stock 832248108 433,331 19,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Soc Quimica Minera -spn Adr Common Stock 833635105 441,600 13,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Software Ag Systems Inc Common Stock 834025108 91,125 10,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Sonic Corp Common Stock 835451105 382,513 14,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Sony Corp -amer Shares Common Stock 835699307 328,725 3,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Southdown Inc Common Stock 841297104 7,532,356 140,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Southwest Airlines Common Stock 844741108 11,319,550 374,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Southwest Gas Corp Common Stock 844895102 1,980,000 72,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Spartech Corp Common Stock 847220209 1,287,000 62,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Specialty Equipment Cos Inc Common Stock 847497203 643,663 23,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Springs Industries -cl A Common Stock 851783100 681,975 25,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Standard Pacific Cp Common Stock 85375C101 1,487,063 115,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Starwood Hotels&resorts Wrld Common Stock 85590a203 4,412,906 154,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Sterling Software Inc Common Stock 859547101 5,742,750 241,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Page 9
<PAGE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
ZWEIG/GLASER ADVISERS SEC FORM 13F 03/31/99
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
- -----------------------------------------------------------------------------------------------------------------------------------
TITLE OF MARKET SHARES INVESTMENT VOTING
NAME OF ISSUER CLASS CUSIP VALUE OWNED DISCRETION MANAGER AUTHORITY
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
Stewart Info Svcs Common Stock 860372101 630,975 18,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Sundstrand Corp Common Stock 867323107 4,156,100 59,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Sunoco Inc Common Stock 86764P109 12,264,856 340,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Superior Telecom Inc Common Stock 868365107 872,025 46,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Supervalu Inc Common Stock 868536103 15,551,250 754,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Swift Transportation Co Inc Common Stock 870756103 2,096,125 82,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Swiss Helvetia Fund Common Stock 870875101 2,306,250 164,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Symantec Corp Common Stock 871503108 1,480,338 87,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Tca Cable Tv Inc Common Stock 872241104 887,400 20,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Tj International Inc Common Stock 872534102 448,725 18,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Tjx Companies Inc Common Stock 872540109 3,699,200 108,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Tarrant Apparel Group Common Stock 876289109 3,234,000 77,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Tech Data Corp Common Stock 878237106 850,981 37,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Tecumseh Products Co -cl A Common Stock 878895200 3,015,500 59,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Tele Danmark -spon Adr Common Stock 879242105 1,690,500 34,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Tele Norte Leste Part S A Common Stock 879246106 5,130,638 333,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Telefonica De Argent -s Adr Common Stock 879378206 6,065,125 200,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Telefonos De Mex -spon Adr Common Stock 879403780 16,684,800 252,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Telephone & Data Common Stock 879433100 1,922,388 34,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Telesp Participacoes -adr Common Stock 87952K100 5,583,188 270,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Tellabs Inc Common Stock 879664100 3,509,225 35,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Tenneco Inc Common Stock 88037E101 1,807,556 64,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Teradyne Inc Common Stock 880770102 365,569 6,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Terex Corp Common Stock 880779103 1,541,588 63,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Texaco Inc Common Stock 881694103 1,929,500 34,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Texas Instruments Inc Common Stock 882508104 297,750 3,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Texas Utilities Co Common Stock 882848104 10,500,000 250,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Thomas Industries Inc Common Stock 884425109 1,251,375 66,740 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Thor Industries Inc Common Stock 885160101 330,325 14,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Tidewater Inc Common Stock 886423102 4,429,800 171,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Tiffany & Co Common Stock 886547108 3,049,800 40,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Timberland Co -cl A Common Stock 887100105 271,169 4,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Timken Co Common Stock 887389104 4,611,750 283,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Toll Brothers Inc Common Stock 889478103 536,500 29,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Tower Automotive Inc Common Stock 891707101 1,832,700 98,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Toys R Us Inc Common Stock 892335100 301,000 16,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Trans World Entmt Corp Common Stock 89336Q100 1,602,700 145,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Transwitch Corp Common Stock 894065101 3,425,425 75,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Tredegar Industries Inc Common Stock 894650100 2,519,859 81,450 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Triad Guaranty Inc Common Stock 895925105 211,575 15,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Trigon Healthcare Inc Common Stock 89618L100 1,887,175 55,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Trinity Industries Common Stock 896522109 8,833,063 300,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Trizec Hahn Corp Common Stock 896938107 211,986 11,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Tupperware Corp Common Stock 899896104 552,600 30,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Tyco International Ltd Common Stock 902124106 20,595,981 287,052 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Ual Corp Common Stock 902549500 1,082,463 13,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
U S Restaurant Pptys Common Stock 902971100 193,125 10,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Urs Corp Common Stock 903236107 258,294 14,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Usg Corp Common Stock 903293405 8,600,175 167,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Usx-u S Steel Group Common Stock 90337T101 9,776,000 416,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Unilever N V -ny Shares Common Stock 904784501 1,129,438 17,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Unicom Corp Common Stock 904911104 17,626,781 482,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Union Carbide Corp Common Stock 905581104 1,915,950 42,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Union Pacific Corp Common Stock 907818108 2,303,156 43,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Union Pacific Resources Grp Common Stock 907834105 763,563 64,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Unionbancal Corp Common Stock 908906100 2,360,531 69,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
United Dominion Industries Common Stock 909914103 260,363 13,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Us Cellular Corp Common Stock 911684108 1,676,400 38,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Page 10
<PAGE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
ZWEIG/GLASER ADVISERS SEC FORM 13F 03/31/99
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
- -----------------------------------------------------------------------------------------------------------------------------------
TITLE OF MARKET SHARES INVESTMENT VOTING
NAME OF ISSUER CLASS CUSIP VALUE OWNED DISCRETION MANAGER AUTHORITY
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
U S Home Corp Common Stock 911920106 894,871 27,429 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
U S West Inc Common Stock 91273H101 2,241,044 40,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
United Stationers Inc Common Stock 913004107 2,311,900 151,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
United Technologies Corp Common Stock 913017109 16,076,431 118,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Universal Corp/va Common Stock 913456109 2,868,113 112,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Universal Health Svcs -cl B Common Stock 913903100 1,323,450 30,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Unocal Corp Common Stock 915289102 955,063 25,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Unova Inc Common Stock 91529B106 142,425 10,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Usfreightways Corp Common Stock 916906100 8,672,425 263,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Utilicorp United Inc Common Stock 918005109 6,875,050 302,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Vf Corp Common Stock 918204108 9,861,000 207,600 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Varlen Corp Common Stock 922248109 969,650 44,075 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Veterinary Centers Of Amer Common Stock 925514101 1,228,875 87,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Viacom Inc -cl B Common Stock 925524308 1,175,125 28,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Visx Inc/de Common Stock 92844S105 10,584,150 98,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Vulcan Materials Co Common Stock 929160109 227,219 5,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Wal-mart Stores Common Stock 931142103 14,685,469 159,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Warnaco Group Inc -cl A Common Stock 934390105 6,633,531 268,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Warner-lambert Co Common Stock 934488107 8,592,625 129,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Washington Fed Inc Common Stock 938824109 624,750 29,750 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Washington Mutual Inc Common Stock 939322103 549,687 13,448 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Waters Corp Common Stock 941848103 935,056 8,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Watsco Inc Common Stock 942622200 258,863 17,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Wausau-mosinee Paper Corp Common Stock 943315101 211,764 15,126 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Webb (del E) Corp Common Stock 947423109 1,106,063 51,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Webster Finl Corp Waterbury Common Stock 947890109 1,957,725 67,800 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Werner Enterprises Inc Common Stock 950755108 1,131,244 71,825 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Westpoint Stevens Inc Common Stock 961238102 2,109,788 76,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Weyerhaeuser Co Common Stock 962166104 277,500 5,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Whirlpool Corp Common Stock 963320106 12,288,750 226,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Winnebago Industries Common Stock 974637100 679,000 48,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
World Color Press Inc Common Stock 981443104 1,980,500 93,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Worthington Industries Common Stock 981811102 276,125 23,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Wynn's International Inc Common Stock 983195108 221,456 12,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Xilinx Inc Common Stock 983919101 292,050 7,200 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Xircom Inc Common Stock 983922105 1,118,063 44,500 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Xerox Corp Common Stock 984121103 1,011,225 19,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Xtra Corp Common Stock 984138107 908,006 23,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Ypf Sociedad Anonima -adr Common Stock 984245100 11,488,750 364,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
York Intl Common Stock 986670107 4,205,719 119,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Zale Corp Common Stock 988858106 4,133,269 120,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Daimlerchrysler Ag Common Stock D1668R123 11,155,625 130,000 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Fresh Del Monte Produce Inc Common Stock G36738105 499,331 26,900 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Radica Games Ltd Common Stock G7342H107 282,800 22,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Santa Fe International Corp Common Stock G7805C108 3,259,100 174,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Tommy Hilfiger Corp Common Stock G8915Z102 8,499,175 123,400 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Xl Capital Ltd Common Stock G98255105 990,225 16,300 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Check Point Software Techn Common Stock M22465104 2,154,300 50,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
New Dimension Software Ltd Common Stock M74295102 1,800,063 34,700 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Orbotech Ltd Common Stock M75253100 3,836,663 78,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
Royal Caribbean Cruises Ltd Common Stock V7780T103 2,187,900 56,100 (a)sole n/a (a)sole
- -----------------------------------------------------------------------------------------------------------------------------------
1,963,607,294
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
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