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, 2000
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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: 28-04639
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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 05/12/00
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[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: none
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
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Form 13F Information Table Entry Total: 49
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Form 13F Information Table Value Total: $1,143,260
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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.
<PAGE>
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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
- ------------------- ---------------- ------- -------- ------- --- ---- ---------- -------- ---- ------ ----
AMR CORP COMMON STK 001765106 27,094 850,000(SH) (SOLE) 850,000(SOLE)
- ------------------------------------------------------------------------------------------------------------
AT&T CORP COM LIB GRP A 001957208 28,173 475,000(SH) (SOLE) 475,000(SOLE)
- ------------------------------------------------------------------------------------------------------------
ALLSCRIPTS INC COMMON STK 019886100 60,125 1,000,000(SH) (SOLE) 1,000,000(SOLE)
- ------------------------------------------------------------------------------------------------------------
ALPINE GROUP INC COMMON STK 020825105 8,267 918,500(SH) (SOLE) 918,500(SOLE)
- ------------------------------------------------------------------------------------------------------------
AUTODESK INC COMMON STK 052769106 27,300 600,000(SH) (SOLE) 600,000(SOLE)
- ------------------------------------------------------------------------------------------------------------
E SIM LTD COMMON STK M40990109 225 10,000(SH) (SOLE) 10,000(SOLE)
- ------------------------------------------------------------------------------------------------------------
CAREMARK RX INC COMMON STK 141705103 46,063 11,000,000(SH) (SOLE) 11,000,000(SOLE)
- ------------------------------------------------------------------------------------------------------------
COGNOS INC COMMON STK 19244C109 13,451 215,000(SH) (SOLE) 215,000(SOLE)
- ------------------------------------------------------------------------------------------------------------
COMPUCREDIT CORP COMMON STK 20478N100 28,950 800,000(SH) (SOLE) 800,000(SOLE)
- ------------------------------------------------------------------------------------------------------------
CONSOLIDATED GRAPHICS
INC COMMON STK 209341106 12,231 950,000(SH) (SOLE) 950,000(SOLE)
- ------------------------------------------------------------------------------------------------------------
DSP GROUP INC COMMON STK 23332B106 2,310 35,000(SH) (SOLE) 35,000(SOLE)
- ------------------------------------------------------------------------------------------------------------
DANKA BUSINESS
SYS PLC SPONSORED ADR 236277109 14,088 2,300,000(SH) (SOLE) 2,300,000(SOLE)
- ------------------------------------------------------------------------------------------------------------
EBAY INC COMMON STK 278642103 1,320 7,500(SH) (SOLE) 7,500(SOLE)
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ENZON INC COMMON STK 293904108 6,595 175,000(SH) (SOLE) 175,000(SOLE)
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FIRSTWORLD COMMUNICATIONS
INC COMMON WAR 337625115 11,349 64,853(SH) (SOLE) 64,853(SOLE)
- ------------------------------------------------------------------------------------------------------------
FIRSTWORLD COMMUNICATIONS
INC COMMON SER B 337625305 2,300 5,000,000(SH) (SOLE) 5,000,000(SOLE)
- ------------------------------------------------------------------------------------------------------------
GENERAL MAGIC INC COMMON STK 370253106 894 100,000(SH) (SOLE) 100,000(SOLE)
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GILEAD SCIENCES INC COMMON STK 375558103 7,922 125,000(SH) (SOLE) 125,000(SOLE)
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GLOBAL TELESYSTEMS
GROUP COMMON STK 37936U104 39,975 1,950,000(SH) (SOLE) 1,950,000(SOLE)
- ------------------------------------------------------------------------------------------------------------
HERCULES INC COMMON STK 427056106 6,450 400,000(SH) (SOLE) 400,000(SOLE)
- ------------------------------------------------------------------------------------------------------------
ICG COMMUNICATIONS
INC COMMON STK 449246107 52,381 1,450,000(SH) (SOLE) 1,450,000(SOLE)
- ------------------------------------------------------------------------------------------------------------
INTEGRAL SYS INC MD COMMON STK 45810H107 20,475 455,000(SH) (SOLE) 455,000(SOLE)
- ------------------------------------------------------------------------------------------------------------
INTERWOVEN INC COMMON STK 46114T102 4,390 40,000(SH) (SOLE) 40,000(SOLE)
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MEDIAONE GROUP INC COMMON STK 58440J104 32,400 400,000(SH) (SOLE) 400,000(SOLE)
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MICROSOFT COMMON STK 594918104 42,500 400,000(SH) (SOLE) 400,000(SOLE)
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NTL INC COMMON STK 629407107 102,094 1,100,000(SH) (SOLE) 1,100,000(SOLE)
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NAVISTAR INTL
CORP NEW COMMON STK 63934E108 24,075 600,000(SH) (SOLE) 600,000(SOLE)
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NAVIGANT CONSULTING
INC COMMON STK 63935N107 18,040 1,640,000(SH) (SOLE) 1,640,000(SOLE)
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OCEAN ENERGY INC TEX COMMON STK 67481E106 25,875 1,800,000(SH) (SOLE) 1,800,000(SOLE)
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OMNICARE INC COMMON STK 681904108 25,331 2,100,000(SH) (SOLE) 2,100,000(SOLE)
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OUTBACK STEAKHOUSE
INC COMMON STK 689899102 35,268 1,100,000(SH) (SOLE) 1,100,000(SOLE)
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PENNACO ENERGY INC COMMON STK 708046107 13,071 955,000(SH) (SOLE) 955,000(SOLE)
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PER SE TECHNOLOGIES
INC COMMON STK 713569309 6,198 1,055,000(SH) (SOLE) 1,055,000(SOLE)
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PREGRINE SYSTEMS
INC COMMON STK 71366Q101 31,855 475,000(SH) (SOLE) 475,000(SOLE)
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PREDICTIVE SYS INC COMMON STK 74036W102 683 15,000(SH) (SOLE) 15,000(SOLE)
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PROVIDIAN FINL CORP COMMON STK 74406A102 17,325 200,000(SH) (SOLE) 200,000(SOLE)
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QLT PHOTOTHERAPEUTICS
INC COMMON STK 746927102 39,117 708,000(SH) (SOLE) 708,000(SOLE)
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REDBACK NETWORKS INC COMMON STK 757209101 11,998 40,000(SH) (SOLE) 40,000(SOLE)
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RHYTHMS NETCONNECTIONS
INC COMMON STK 762430205 13,805 375,000(SH) (SOLE) 375,000(SOLE)
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SABRE HLDGS CORP COMMON STK 785905100 7,300 200,000(SH) (SOLE) 200,000(SOLE)
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STAMPS COM INC COMMON STK 852857101 9,367 485,000(SH) (SOLE) 485,000(SOLE)
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TELEPHONE & DATA
SYS INC COMMON STK 879433100 23,310 210,000(SH) (SOLE) 210,000(SOLE)
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TOTAL RENAL CARE
HLDGS INC COMMON STK 89151A107 17,813 5,700,000(SH) (SOLE) 5,700,000(SOLE)
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TYCO INTL LTD NEW COMMON STK 902124106 131,578 2,625,000(SH) (SOLE) 2,625,000(SOLE)
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UNITEDGLOBALCOM CV PFD 1/20 913247102 57,000 600,000(SH) (SOLE) 600,000(SOLE)
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UNITEDGLOBALCOM CL A 913247508 9,382 125,000(SH) (SOLE) 125,000(SOLE)
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VIGNETTE CORP COMMON STK 926734104 4,808 30,000(SH) (SOLE) 30,000(SOLE)
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VINTAGE PETE INC COMMON STK 927460105 18,113 900,000(SH) (SOLE) 900,000(SOLE)
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ORCKIT COMMUNICATIONS
LTD COMMON STK M7531S107 2,626 39,200(SH) (SOLE) 39,200(SOLE)
- ------------------------------------------------------------------------------------------------------------
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