UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 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: Ardsley Advisory Partners
--------------------------------------------------
Address: 646 Steamboat Road
--------------------------------------------------
Greenwich, CT 06830
--------------------------------------------------
--------------------------------------------------
Form 13F File Number: 28-04639
------------------
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
--------------------------------------------------
Title: Partner, Chief Financial Officer
--------------------------------------------------
Phone: 203-863-1430
--------------------------------------------------
Signature, Place, and Date of Signing:
/S/ Kevin McCormack Greenwich, CT 11/15/99
------------------------ ------------------------------ ------
[Signature] [City, State] [Date]
<PAGE>
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-
------------- ----------------------------------------
[Repeat as necessary.]
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
-------------
Form 13F Information Table Entry Total: 59
-------------
Form 13F Information Table Value Total: $831,119
-------------
(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-
------ ----------- -------------------------
[Repeat as necessary.]
<PAGE>
<TABLE>
<CAPTION>
Form 13F INFORMATION TABLE
<C> <C> <C> <C> <C> <C> <C> <C>
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 337625AC1 24,353 47,750,000(SH) (SOLE) 47,750,000
AIRGATE PCS COMMON STK 009367103 3,109 125,000(SH) (SOLE) 125,000
ALKERMES INC COMMON STK 01642T108 20,889 725,000(SH) (SOLE) 725,000
ALLSCRIPTS INC COMMON STK 019886100 15,002 945,000(SH) (SOLE) 945,000
ALPINE GROUP US COMMON STK 020825105 3,170 245,000(SH) (SOLE) 245,000
AMERICAN TOWER SYSTEMS COMMON STK 029912201 3,925 200,000(SH) (SOLE) 200,000
AMERITRADE HLDGS COMMON STK 03072H109 6,799 370,000(SH) (SOLE) 370,000
ASSOCIATED GROUP COMMON STK 045651205 27,859 460,000(SH) (SOLE) 460,000
BINDVIEW DEVELOPMENT COMMON STK 090327107 4,528 230,000(SH) (SOLE) 230,000
INC
CSG SYSTEMS COMMON STK 126349109 1,370 50,000(SH) (SOLE) 50,000
CAREMARK RX INC COMMON STK 141705103 18,400 3,200,000(SH) (SOLE) 3,200,000
CENTURY COMM. CORP COMMON STK 156503104 14,372 315,000(SH) (SOLE) 315,000
CHASE MANHATTAN CORP COMMON STK 16161A108 11,683 155,000(SH) (SOLE) 155,000
CINCINNATI BELL INC COMMON STK 171870108 1,944 100,000(SH) (SOLE) 100,00
COGNOS INC COMMON STK 19244C109 6,776 260,000(SH) (SOLE) 260,000
COMPUCREDIT CORP COMMON STK 20478N100 14,850 800,000(SH) (SOLE) 800,000
DPS COMMUNICATIONS COMMON STK 2332K106 950 50,000(SH) (SOLE) 50,000
DANKA BUSINESS SYS PLC COMMON STK 236277109 28,270 2,775,000(SH) (SOLE) 2,775,000
DELL COMPUTER COMMON STK 247025109 32,950 800,000(SH)(P) (SOLE) 800,000
DIGITAL INSIGHT CORP COMMON STK 25385P106 153 10,200(SH) (SOLE) 10,200
DOCUMENTUM INC COMMON STK 256159104 6,271 290,000(SH) (SOLE) 290,000
DLJ & CO COMMON STK 257661504 1,098 72,000(SH) (SOLE) 72,000
ETOYS INC COMMON STK 297862104 8,320 125,000(SH) (SOLE) 125,000
FIRST WORLD COMM. COMMON WAR 337625115 3,343 47,750(SH) (SOLE) 47,750
FOREST OIL CORP COMMON STK 346091606 3,413 200,000(SH) (SOLE) 200,000
GILEAD SCIENCES INC COMMON STK 375558103 12,838 200,000(SH) (SOLE) 200,000
GLOBAL TELESYSTEMS GRP COMMON STK 37936U104 23,663 1,200,000(SH) (SOLE) 1,200,000
ICG COMMUNICATIONS COMMON STK 449246107 13,617 875,000(SH) (SOLE) 875,000
IMS HEALTH INC (WI) COMMON STK 449934108 25,094 1,100,000(SH) (SOLE) 1,100,000
IXC COMMUNICATIONS INC COMMON STK 450713102 1,380 35,000(SH) (SOLE) 35,000
INTERGRAPH CORP COMMON STK 458683109 7,453 1,325,000(SH) (SOLE) 1,325,000
INTERNAP NETWORK COMMON STK 45885A102 4,494 100,700(SH) (SOLE) 100,700
SERVICE
INTERSPEED INC COMMON STK 46070W107 1,807 102,500(SH) (SOLE) 102,500
INTUIT COMMON STK 461202103 8,766 100,000(SH) (SOLE) 100,000
KEYNOTE SYSTEMS INC COMMON STK 493308100 250 10,000(SH) (SOLE) 10,000
LOISLAW.COM COMMON STK 541431102 667 46,000(SH) (SOLE) 46,000
PER-SE TECHNOLOGIES INC COMMON STK 584028104 14,317 4,165,000(SH) (SOLE) 4,165,000
MEDIAONE GROUP INC COMMON STK 5844OJ104 18,786 275,000(SH) (SOLE) 275,000
MONTANA POWER CORP COMMON STK 612085100 16,741 550,000(SH) (SOLE) 550,000
NTLI INC COMMON STK 629407107 86,965 905,000(SH) (SOLE) 905,000
NEW ERA OF NETWORKS COMMON STK 644312100 12,975 600,000(SH) (SOLE) 600,000
N.A. VACCINE COMMON STK 657201109 4,125 550,000(SH) (SOLE) 550,000
OCEAN ENERGY INC COMMON STK 67481E106 18,338 1,800,000(SH) (SOLE) 1,800,000
OMNICARE INC COMMON STK 681904108 17,325 1,800,000(SH) (SOLE) 1,800,000
OUTBACK STEAKSHOUSE INC COMMON STK 689899102 18,465 725,000(SH) (SOLE) 725,000
PARAMETRIC COMMON STK 699173100 6,750 500,000(SH) (SOLE) 500,000
PEAPOD COMMON STK 704718105 503 50,000(SH) (SOLE) 50,000
PENNACO ENERGY COMMON STK 708046107 4,424 363,000(SH) (SOLE) 363,000
PEREGRINE SYSTEMS COMMON STK 71366Q101 28,933 710,000(SH) (SOLE) 710,000
SPRINT CORP COMMON STK 852061100 16,275 300,000(SH) (SOLE) 300,000
SUPERIOR TELECOM COMMON STK 868365107 15,192 1,090,000(SH) (SOLE) 1,090,000
TELEPHONE AND DATA SYS. COMMON STK 879433100 19,983 225,000(SH) (SOLE) 225,000
TOTAL RENAL CARE COMMON STK 89151A107 10,784 1,450,000(SH) (SOLE) 1,450,000
TYCO INTERNATIONAL LTD COMMON STK 902124106 75,573 730,000(SH) (SOLE) 730,000
UNITED GLOBAL COMM. PREFER STK 913247102 43,350 850,000(SH) (SOLE) 850,000
CVT P
VINTAGE PETROLEUM INC COMMON STK 927460105 12,150 900,000(SH) (SOLE) 900,000
WORLD ACCESS COMMON STK 98141A101 7,328 655,000(SH) (SOLE) 655,000
GLOBAL CROSSING LTD COMMON STK G3921A100 17,225 650,000(SH) (SOLE) 650,000
RADWARE LTD COMMON STK M81873107 990 36,000(SH) (SOLE) 36,000
</TABLE>
