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United States
Securities and Exchange Commission
Washington, D.C. 20549
FORM 13F
Form 13F Cover Page
Report for the Calendar Year or Quarter Ended: June 30, 1999
-------------
Check here if Amendment [ ]; Amendment Number: ___
This Amendment (Check only one): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Falcon Fund, Ltd.
Address: 8235 Douglas Avenue, Suite 420
Dallas, TX 75225
13F File Number: 28-_______________________
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: G. Houston Hall
Title: President of FFM GP, Inc., General Partner of
Falcon Fund Management, Ltd., General Partner of
Falcon Fund, Ltd.
Phone: 214-696-2700
Signature, Place, and Date of Signing:
/s/ G. Houston Hall DALLAS, TX August 12, 1999
- ---------------------- -------------------- -----------------------
[Signature] [City, State] [Date]
Report Type (Check only one):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all
holdings are reported by other reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported by
other reporting manager(s).)
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 2
Form 13F Information Table Entry Total: 28
Form 13F Information Table Value Total: $ 53,991
(thousands)
List of Other Included Managers:
Provided a numbered list of the name(s) and 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
[If there are no entries in this list, state "None" and omit the column headings
and list entries.]
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<CAPTION>
No. 13F File Number Name
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<S> <C> <C>
01 28-___________ Falcon Fund Management, Ltd.
02 28-___________ FFM GP, Inc.
</TABLE>
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FORM 13F INFORMATION TABLE
Name of Reporting Manager Falcon Fund, Ltd.
<TABLE>
<CAPTION>
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
- ------------------------ -------------- -------- -------- ------------------ ---------- -------- --------------------
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
- ------------------------ -------------- -------- -------- ------- --- ---- ---------- -------- --------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
America Service Group COM 02364L109 491,812.50 32,250 DEFINED 01 02 32,320 0 0
Americredit Corp. COM 03060R101 5,600,000.00 350,000 DEFINED 01 02 350,000 0 0
Amresco Capital Trust COM 031919103 3,211,000.00 338,000 DEFINED 01 02 338,000 0 0
A H Belo Corp Ser A COM 080555105 1,968,750.00 100,000 DEFINED 01 02 100,000 0 0
Caprock Communications COM 140667106 3,078,000.00 76,000 DEFINED 01 02 76,000 0 0
Chesapeake Energy COM 165167107 794,593.75 270,500 DEFINED 01 02 270,500 0 0
Department 56 Inc. COM 249509100 6,718,750.00 250,000 DEFINED 01 02 250,000 0 0
Drew Industries COM 26168L205 2,309,825.00 187,600 DEFINED 01 02 187,600 0 0
Exco Resources Inc. COM 269279204 1,127,250.00 167,000 DEFINED 01 02 167,000 0 0
Felcor Lodging Trust COM 31430F101 1,556,250.00 75,000 DEFINED 01 02 75,000 0 0
Felcor Suite Hotels Inc PFD 31430F200 475,312.50 23,400 DEFINED 01 02 23,400 0 0
First City Financial Corp. COM 33761X107 2,145,000.00 390,000 DEFINED 01 02 390,000 0 0
Firstplus Financial Group COM 33763B103 50,000.00 100,000 DEFINED 01 02 100,000 0 0
Highlands Ins. Group COM 431032101 210,000.00 20,000 DEFINED 01 02 20,000 0 0
Lancer Corp. COM 514614106 3,273,469.25 390,862 DEFINED 01 02 390,862 0 0
Marvel Enterprises COM 57383M108 2,950,000.00 400,000 DEFINED 01 02 400,000 0 0
Marvel Enterprises Pref PFD 31430F200 2,154,733.00 226,814 DEFINED 01 02 226,814 0 0
Miller Exploration Co. COM 600533103 1,420,000.00 640,000 DEFINED 01 02 640,000 0 0
Movie Gallery Inc. COM 624581104 506,862.50 94,300 DEFINED 01 02 94,300 0 0
Nymagic Inc. COM 629484106 312,500.00 20,000 DEFINED 01 02 20,000 0 0
PXRE Corp. COM 693674103 362,500.00 20,000 DEFINED 01 02 20,000 0 0
Palomar Med Tech COM 697529105 80,592.75 16,856 DEFINED 01 02 16,856 0 0
Radica Games Ltd. COM G7342H107 5,659,857.50 559,720 DEFINED 01 02 559,720 0 0
Scientific Games COM 808747109 5,430,750.00 278,500 DEFINED 01 02 278,500 0 0
Sunrise Technologies COM 86769L103 1,225,000.00 100,000 DEFINED 01 02 100,000 0 0
Terra Nova Bermuda
Holdings COM G87615103 269,375.00 10,000 DEFINED 01 02 10,000 0 0
Vivus Inc. COM 928551100 393,750.00 150,000 DEFINED 01 02 150,000 0 0
Walden Residential
Properties COM 931210108 215,000.00 10,000 DEFINED 01 02 10,000 0 0
COLUMN TOTALS 53,990,933.75
</TABLE>
