<PAGE> PAGE 1
000 A000000 03/31/96
000 C000000 869942
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 BRANDYWINE BLUE FUND, INC.
001 B000000 811-6221
001 C000000 3026563017
002 A000000 3908 KENNETT PIKE
002 B000000 GREENVILLE
002 C000000 DE
002 D010000 19807
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
007 C010100 1
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A000001 FRIESS ASSOCIATES, INC.
008 B000001 A
008 C000001 801-16178
008 D010001 GREENVILLE
008 D020001 DE
008 D030001 19807
010 A000001 FIDUCIARY MANAGEMENT, INC.
010 B000001 801-15164
010 C010001 MILWAUKEE
010 C020001 WI
010 C030001 53202
012 A000001 FIRSTAR TRUST COMPANY
012 B000001 85-00410
012 C010001 MILWAUKEE
012 C020001 WI
012 C030001 53202
013 A000001 PRICE WATERHOUSE LLP
013 B010001 MILWAUKEE
013 B020001 WI
<PAGE> PAGE 2
013 B030001 53202
015 A000001 FIRSTAR TRUST COMPANY
015 B000001 C
015 C010001 MILWAUKEE
015 C020001 WI
015 C030001 53202
015 E010001 X
018 000000 Y
019 A000000 Y
019 B000000 2
019 C000000 BRANDYWINE
020 A000001 PAINE WEBBER CAPITAL MARKETS
020 B000001 13-2638166
020 C000001 35
020 A000002 FIDELITY CAPITAL MARKETS
020 B000002 04-2785576
020 C000002 34
020 A000003 MONTGOMERY SECURITIES
020 B000003 94-1701676
020 C000003 30
020 A000004 GOLDMAN, SACHS & CO.
020 B000004 13-5108880
020 C000004 25
020 A000005 JOSEPHTHAL & CO. INCORPORATED
020 B000005 13-5169625
020 C000005 25
020 A000006 FIRST BOSTON CORPORATION
020 B000006 13-5659485
020 C000006 24
020 A000007 MERRILL LYNCH PIERCE FENNER & SMITH
020 B000007 13-5674085
020 C000007 24
020 A000008 WERTHEIM SCHRODER
020 B000008 13-2697272
020 C000008 23
020 A000009 SMITH BARNEY/SHEARSON
020 B000009 13-1912900
020 C000009 22
020 A000010 BUCKINGHAM RESEARCH CORP.
020 B000010 13-3134008
020 C000010 22
021 000000 488
022 A000001 FIRSTAR TRUST COMPANY
022 B000001 39-6039160
022 C000001 115696
022 D000001 113071
022 A000002 FIRSTAR NATIONAL BANK
022 B000002 39-0281260
022 C000002 72958
022 D000002 11987
022 A000003 MORGAN STANLEY & CO.
<PAGE> PAGE 3
022 B000003 13-2655998
022 C000003 16943
022 D000003 7023
022 A000004 ALEX BROWN & SONS
022 B000004 52-0256630
022 C000004 12383
022 D000004 7723
022 A000005 GOLDMAN, SACHS & COMPANY
022 B000005 13-5108880
022 C000005 11202
022 D000005 5313
022 A000006 PRUDENTIAL SECURITIES INC.
022 B000006 22-2347336
022 C000006 9769
022 D000006 4769
022 A000007 ROBERTSON, STEPHENS & CO.
022 B000007 94-2524501
022 C000007 10411
022 D000007 3187
022 A000008 FIRST BOSTON CORPORATION
022 B000008 13-5659485
022 C000008 4607
022 D000008 8372
022 A000009 LEHMAN BROTHERS
022 B000009 13-2518466
022 C000009 3559
022 D000009 5561
022 A000010 SMITH BARNEY/SHEARSON
022 B000010 13-1912900
022 C000010 5221
022 D000010 5338
023 C000000 291292
023 D000000 202058
024 000000 N
025 D000001 0
025 D000002 0
025 D000003 0
025 D000004 0
025 D000005 0
025 D000006 0
025 D000007 0
025 D000008 0
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
<PAGE> PAGE 4
027 000000 Y
028 A010000 14315
028 A020000 7550
028 A030000 0
028 A040000 3304
028 B010000 26188
028 B020000 6
028 B030000 0
028 B040000 2182
028 C010000 8479
028 C020000 0
028 C030000 0
028 C040000 3678
028 D010000 20203
028 D020000 0
028 D030000 0
028 D040000 2707
028 E010000 16583
028 E020000 0
028 E030000 0
028 E040000 2448
028 F010000 23750
028 F020000 0
028 F030000 0
028 F040000 2358
028 G010000 109518
028 G020000 7556
028 G030000 0
028 G040000 16677
028 H000000 0
029 000000 N
030 A000000 0
030 B000000 0.00
030 C000000 0.00
031 A000000 0
031 B000000 0
032 000000 0
033 000000 0
034 000000 N
035 000000 0
036 B000000 0
037 000000 N
038 000000 0
039 000000 N
040 000000 N
042 A000000 0
042 B000000 0
042 C000000 0
042 D000000 0
042 E000000 0
042 F000000 0
<PAGE> PAGE 5
042 G000000 0
042 H000000 0
043 000000 0
044 000000 0
045 000000 Y
046 000000 N
047 000000 Y
048 000000 1.000
048 A010000 0
048 A020000 0.000
048 B010000 0
048 B020000 0.000
048 C010000 0
048 C020000 0.000
048 D010000 0
048 D020000 0.000
048 E010000 0
048 E020000 0.000
048 F010000 0
048 F020000 0.000
048 G010000 0
048 G020000 0.000
048 H010000 0
048 H020000 0.000
048 I010000 0
048 I020000 0.000
048 J010000 0
048 J020000 0.000
048 K010000 0
048 K020000 0.000
049 000000 N
050 000000 N
051 000000 N
052 000000 N
053 A000000 N
054 A000000 Y
054 B000000 N
054 C000000 N
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 N
054 H000000 Y
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 N
054 M000000 Y
054 N000000 N
054 O000000 N
055 A000000 N
<PAGE> PAGE 6
055 B000000 N
056 000000 Y
057 000000 N
058 A000000 N
059 000000 Y
060 A000000 Y
060 B000000 Y
061 000000 100000
062 A000000 N
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
062 E000000 0.0
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
062 I000000 0.0
062 J000000 0.0
062 K000000 0.0
062 L000000 0.0
062 M000000 0.0
062 N000000 0.0
062 O000000 0.0
062 P000000 0.0
062 Q000000 0.0
062 R000000 0.0
063 A000000 0
063 B000000 0.0
066 A000000 Y
066 B000000 N
066 C000000 N
066 D000000 N
066 E000000 Y
066 F000000 N
066 G000000 N
067 000000 N
068 A000000 N
068 B000000 N
069 000000 N
070 A010000 Y
070 A020000 N
070 B010000 N
070 B020000 N
070 C010000 N
070 C020000 N
070 D010000 N
070 D020000 N
070 E010000 N
070 E020000 N
070 F010000 N
070 F020000 N
<PAGE> PAGE 7
070 G010000 N
070 G020000 N
070 H010000 N
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 N
070 J020000 N
070 K010000 Y
070 K020000 N
070 L010000 Y
070 L020000 Y
070 M010000 N
070 M020000 N
070 N010000 N
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 N
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000 279352
071 B000000 187085
071 C000000 200684
071 D000000 93
072 A000000 6
072 B000000 204
072 C000000 547
072 D000000 0
072 E000000 0
072 F000000 1015
072 G000000 36
072 H000000 0
072 I000000 6
072 J000000 26
072 K000000 1
072 L000000 8
072 M000000 2
072 N000000 38
072 O000000 0
072 P000000 0
072 Q000000 0
072 R000000 10
072 S000000 7
072 T000000 0
072 U000000 2
072 V000000 0
072 W000000 5
<PAGE> PAGE 8
072 X000000 1156
072 Y000000 0
072 Z000000 -405
072AA000000 0
072BB000000 8269
072CC010000 14729
072CC020000 0
072DD010000 0
072DD020000 0
072EE000000 7884
073 A010000 0.0000
073 A020000 0.0000
073 B000000 1.1056
073 C000000 0.0000
074 A000000 9
074 B000000 0
074 C000000 5740
074 D000000 0
074 E000000 0
074 F000000 262201
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 0
074 K000000 0
074 L000000 122
074 M000000 7
074 N000000 268079
074 O000000 4329
074 P000000 211
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 29
074 S000000 0
074 T000000 263510
074 U010000 11238
074 U020000 0
074 V010000 23.45
074 V020000 0.00
074 W000000 0.0000
074 X000000 557
074 Y000000 0
075 A000000 0
075 B000000 203288
076 000000 0.00
077 A000000 N
078 000000 N
080 C000000 0
081 B000000 0
<PAGE> PAGE 9
082 B000000 0
083 B000000 0
084 B000000 0
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
SIGNATURE FOSTER S. FRIESS
TITLE PRESIDENT
