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UNITED STATES OMB APPROVAL
SECURITIES AND EXCHANGE COMMISSION OMB NUMBER: 3235-0145
WASHINGTON, D.C. 20549 EXPIRES: OCTOBER 31, 1994
ESTIMATED AVERAGE BURDEN
HOURS PER RESPONSE 14.90
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
HOT TOPIC, INC.
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(Name of Issuer)
COMMON STOCK
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(Title of Class of Securities)
441339 10 8
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(CUSIP Number)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
FILED FEBRUARY 13, 1997
(REFLECTING OWNERSHIP AS OF 12/31/96)
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CUSIP NO. 441339 10 8 13G PAGE 2 OF 4 PAGES
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
PHILLIPS-SMITH SPECIALTY RETAIL GROUP III, L.P.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
STATE OF TEXAS
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5 SOLE VOTING POWER
NUMBER OF 606,021
SHARES --------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY -0-
EACH --------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON WITH 606,021
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8 SHARED DISPOSITIVE POWER
-0-
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
606,021
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* [ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
13.17%
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12 TYPE OF REPORTING PERSON*
PN
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*SEE INSTRUCTION BEFORE FILLING OUT!
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ITEM 1.
(a) Name of Issuer: HOT TOPIC, INC.
(b) Address of Issuer's Principal
Executive Officers: 3410 POMONA BOULEVARD
POMONA, CA 91766
ITEM 2.
(a) Name of Person Filing: PHILLIPS-SMITH SPECIALTY RETAIL
GROUP III, L.P.
(b) Address of Principal Business
Office or, if none, Residence: 5080 SPECTRUM DRIVE, SUITE 700 WEST
DALLAS, TX 75248
(c) Place of Organization: STATE OF TEXAS
(d) Title of Class of Securities: COMMON STOCK
(e) CUSIP Number: 441339 10 8
ITEM 3. NOT APPLICABLE.
ITEM 4. OWNERSHIP.
(a) Amount Beneficially Owned: 606,021
(b) Percent of Class: 13.17%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 606,021
(ii) shared power to vote or to direct the vote: -0-
(iii) sole power to dispose or to direct the disposition of:
606,021
(iv) shared power to dispose or to direct the disposition of: -0-
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
NOT APPLICABLE.
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
NOT APPLICABLE.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
NOT APPLICABLE.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
NOT APPLICABLE.
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ITEM 9. NOTICE OF DISSOLUTION OF GROUP
NOT APPLICABLE.
ITEM 10. CERTIFICATION
NOT APPLICABLE.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
2/6/97
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Date
PHILLIPS-SMITH SPECIALTY RETAIL GROUP III, L.P.
By: its General Partner,
Phillips-Smith Management Company
By: /s/ Cece Smith
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Cece Smith/General Partner
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Name/Title
