UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 1999
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Check here if Amendment [ ]; Amendment Number:
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This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Ardsley Advisory Partners
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Address: 646 Steamboat Road
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Greenwich, CT 06830
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Form 13F File Number: 28-
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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: Kevin McCormack
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Title: Partner, Chief Financial Officer
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Phone: 203-863-1430
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Signature, Place, and Date of Signing:
/S/ Kevin McCormack Greenwich, CT 05/14/99
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[Signature] [City, State] [Date]
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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).)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name
28-
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[Repeat as necessary.]
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Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
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Form 13F Information Table Entry Total: 57
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Form 13F Information Table Value Total: $900,500
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(thousands)
List of Other Included Managers: none
Provide a numbered list of the name(s) and Form 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.]
No. Form 13F File Number Name
28-
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[Repeat as necessary.]
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Form 13F INFORMATION TABLE
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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
- ------------------- ---------------- ------- -------- ------- --- ---- ---------- -------- ---- ------ ----
FIRST WORLD COMM. INC CORPORATE 16,928 45,750,000 (SH) (SOLE) 45,750,000 (SOLE)
AT AND T CORP COMMON STK 001957208 18,143 345,000 (SH) (SOLE) 345,000 (SOLE)
ALKERMES INC COMMON STK 01642T108 20,710 760,000 (SH) (SOLE) 760,000 (SOLE)
AMERICAN EXPRESS COMMON STK 025816109 17,663 150,000 (SH) (SOLE) 150,000 (SOLE)
AMERICAN ONCOLOGY RES. COMMON STK 028910107 2,700 300,000 (SH) (SOLE) 300,000 (SOLE)
APRIA HEALTHCARE GROUP COMMON STK 037933108 4,453 375,000 (SH) (SOLE) 375,000 (SOLE)
ASSOCIATED GROUP COMMON STK 045651205 27,645 570,000 (SH) (SOLE) 570,000 (SOLE)
BANKAMERICA COMMON STK 060505104 22,953 325,000 (SH) (SOLE) 325,000 (SOLE)
CBT GROUP PLC ADS COMMON STK 124853300 6,805 595,000 (SH) (SOLE) 595,000 (SOLE)
CNA FINANCIAL CORP COMMON STK 126117100 8,927 230,000 (SH) (SOLE) 230,000 (SOLE)
CNF TRANSPORTATION COMMON STK 12612W104 13,423 355,000 (SH) (SOLE) 355,000 (SOLE)
CHIREX CORP COMMON STK 170038103 16,905 690,000 (SH) (SOLE) 690,000 (SOLE)
CISCO SYSTEM COMMON STK 17275R102 16,982 155,000 (SH) (SOLE) 155,000 (SOLE)
COMDISCO INC COMMON STK 200336105 10,278 575,000 (SH) (SOLE) 575,000 (SOLE)
COMPAQ COMPUTER COMMON STK 204493100 40,391 1,250,000 (SH)(C) (SOLE) 1,250,000 (SOLE)
COMPUWARE COMMON STK 205638109 13,131 550,000 (SH) (SOLE) 550,000 (SOLE)
CONVERSE TECHNOLOGY COMMON STK 205862402 2,635 31,000 (SH) (SOLE) 31,000 (SOLE)
CRITICAL PATH COMMON STK 22674V100 8,470 110,000 (SH) (SOLE) 110,000 (SOLE)
CYBERSHOP INTL COMMON STK 23251X105 2,175 150,000 (SH) (SOLE) 150,000 (SOLE)
DANKA BUSINESS SYS PLC COMMON STK 236277109 20,800 4,160,000 (SH) (SOLE) 4,160,000 (SOLE)
FIRSTWORLD COMM. INC COMMON WAR 337625115 458 45,750 (SH) (SOLE) 45,750 (SOLE)
FLASHNET COMM. INC. COMMON STK 338527104 8,019 195,000 (SH) (SOLE) 195,000 (SOLE)
FOREST LABS INC COMMON STK 345838106 22,240 394,500 (SH) (SOLE) 394,500 (SOLE)
GENERAL INSTRUMENT COMMON STK 370120107 15,156 500,000 (SH) (SOLE) 500,000 (SOLE)
GILEAD SCIENCES INC COMMON STK 375558103 25,253 555,000 (SH) (SOLE) 555,000 (SOLE)
GLOBALSTAR TELECOM COMMON STK 37936U104 3,977 71,100 (SH) (SOLE) 71,100 (SOLE)
HNC SOFTWARE COMMON STK 40425P107 7,860 240,000 (SH) (SOLE) 240,000 (SOLE)
HYPERION TELE. COMMON STK 44914K306 8,184 675,000 (SH) (SOLE) 675,000 (SOLE)
ICG COMMUNICATIONS COMMON STK 449246107 44,400 2,220,000 (SH) (SOLE) 2,220,000 (SOLE)
IXC COMMUNICATIONS INC COMMON STK 450713102 5,734 125,000 (SH) (SOLE) 125,000 (SOLE)
JONES APPAREL GROUP COMMON STK 480074103 13,829 495,000 (SH) (SOLE) 495,000 (SOLE)
MCI WORLDCOM COMMON STK 55268B106 31,883 360,000 (SH) (SOLE) 360,000 (SOLE)
MARSH & MCLENNAN COMMON STK 571748102 24,503 330,000 (SH) (SOLE) 330,000 (SOLE)
MEDAPHIS CORP COMMON STK 584028104 12,188 5,000,000 (SH) (SOLE) 5,000,000 (SOLE)
MEDIAONE GROUP INC COMMON STK 58440J104 26,961 425,000 (SH) (SOLE) 425,000 (SOLE)
METRIS COMPANIES INC COMMON STK 591598107 6,056 150,000 (SH) (SOLE) 150,000 (SOLE)
METRIS COMPANIES INC COMMON STK 591598107 1,009 25,000 (SH)(C) (SOLE) 25,000 (SOLE)
MONSANTO CORP COMMON STK 611662107 12,633 275,000 (SH) (SOLE) 275,000 (SOLE)
MONSANTO CORP PREFER STK 611662305 16,275 350,000 (SH) (SOLE) 350,000 (SOLE)
MOTOROLA COMMON STK 620076109 16,481 225,000 (SH) (SOLE) 225,000 (SOLE)
SEAGULL ENERGY CORP COMMON STK 67481E106 17,031 2,500,000 (SH) (SOLE) 2,500,000 (SOLE)
OUTBACK STEAKHOUSE INC COMMON STK 689899102 29,311 895,000 (SH) (SOLE) 895,000 (SOLE)
PARK PLACE ENTERTAINM COMMON STK 700690100 13,423 1,775,000 (SH) (SOLE) 1,775,000 (SOLE)
PREMISYS COMMUNICATION COMMON STK 740584107 6,426 745,000 (SH) (SOLE) 745,000 (SOLE)
PRISON REALTY CORP COMMON STK 74264N105 31,039 1,780,000 (SH) (SOLE) 1,780,000 (SOLE)
QUALCOMM INC COMMON STK 747525103 32,338 260,000 (SH) (SOLE) 260,000 (SOLE)
SKYTEL COMMUNICATIONS COMMON STK 83087Q104 6,484 390,000 (SH) (SOLE) 390,000 (SOLE)
SUN MICROSYSTEMS INC COMMON STK 866810104 12,506 100,000 (SH) (SOLE) 100,000 (SOLE)
SUPERIOR TELECOM COMMON STK 868365107 24,443 1,295,000 (SH) (SOLE) 1,295,000 (SOLE)
SYBASE INC COMMON STK 871130100 6,350 800,000 (SH) (SOLE) 800,000 (SOLE)
TELEPHONE AND DATA SYS COMMON STK 879433100 16,913 300,000 (SH) (SOLE) 300,000 (SOLE)
TOTAL RENAL CARE COMMON STK 89151A107 26,400 2,400,000 (SH) (SOLE) 2,400,000 (SOLE)
TYCO INTERNATIONAL LTD COMMON STK 902124106 43,913 600,000 (SH)(C) (SOLE) 600,000 (SOLE)
WARNER LAMBERT COMMON STK 934488107 21,863 330,000 (SH) (SOLE) 330,000 (SOLE)
WATSON PHARMACEUTICAL COMMON STK 942683103 9,928 225,000 (SH) (SOLE) 225,000 (SOLE)
WITCO COMMON STK 977385103 6,313 500,000 (SH) (SOLE) 500,000 (SOLE)
FUNDTECH COMMON STK M47095100 603 20,000 (SH) (SOLE) 20,000 (SOLE)
REPORT TOTALS 900,500
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