<PAGE> PAGE 1
000 A000000 09/30/95
000 C000000 000906619
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 BT INVESTMENT PORTFOLIOS
001 B000000 811-7774
001 C000000 6174230800
002 A000000 6 ST JAMES AVENUE
002 B000000 BOSTON
002 C000000 MA
002 D010000 02116
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 2
007 C010100 1
007 C010200 2
007 C010300 3
007 C020300 ASSET MANAGEMENT PORTFOLIO II
007 C030300 N
007 C010400 4
007 C020400 ASSET MANAGEMENT PORTFOLIO III
007 C030400 N
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
007 C011100 11
007 C011200 12
007 C011300 13
007 C011400 14
007 C011500 15
007 C011600 16
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
007 C012100 21
007 C012200 22
007 C012300 23
007 C012400 24
007 C012500 25
<PAGE> PAGE 2
007 C012600 26
007 C012700 27
007 C012800 28
007 C012900 29
007 C013000 30
007 C013100 31
007 C013200 32
007 C013300 33
007 C013400 34
007 C013500 35
007 C013600 36
007 C013700 37
007 C013800 38
007 C013900 39
007 C014000 40
008 A00AA01 BANKERS TRUST COMPANY
008 B00AA01 A
008 C00AA01 801-xxxxxx
008 D01AA01 NEW YORK
008 D02AA01 NY
008 D03AA01 10006
010 A00AA01 BANKERS TRUST COMPANY
010 C01AA01 NEW YORK
010 C02AA01 NY
010 C03AA01 10006
011 A00AA01 SIGNATURE BROKER-DEALER SECURITIES
011 B00AA01 8-41134
011 C01AA01 BOSTON
011 C02AA01 MA
011 C03AA01 02116
012 A00AA01 INVESTORS FIDUCIARY TRUST COMPANY
012 B00AA01 84-xxxxxxx
012 C01AA01 KANSAS CITY
012 C02AA01 MO
012 C03AA01 64105
013 A00AA01 COOPERS & LYBRAND
013 B01AA01 KANSAS CITY
013 B02AA01 MO
013 B03AA01 64105
015 A00AA01 BANKERS TRUST COMPANY
015 B00AA01 C
015 C01AA01 NEW YORK
015 C02AA01 NY
015 C03AA01 10017
015 E03AA01 X
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 48
019 C00AA00 BTTINFUNDS
020 A000001 COUNTY SECURITIES
020 B000001 13-3312778
<PAGE> PAGE 3
020 C000001 2
020 A000002 INTERSTATE SECURITIES
020 B000002 56-0276690
020 C000002 2
020 A000003 SMITH BARNEY SHEARSON
020 B000003 13-3371860
020 C000003 1
020 A000004 OPPENHEIMER
020 B000004 13-2798343
020 C000004 1
020 A000005 SHEARSON LEHMAN
020 C000005 1
020 A000006 ALEX BROWN
020 B000006 52-1319768
020 C000006 1
020 A000007 MONTGOMERY SECURITIES
020 B000007 94-1701676
020 C000007 1
020 A000008 C.J. LAWRENCE
020 B000008 13-2730828
020 C000008 1
020 C000009 0
020 C000010 0
021 000000 10
022 A000001 SANWA BANK
022 B000001 94-1752619
022 C000001 2056003
022 D000001 0
022 A000002 SALOMON BROTHERS
022 B000002 13-3082694
022 C000002 15782
022 D000002 10921
022 A000003 MERRILL LYNCH
022 B000003 13-5674085
022 C000003 8573
022 D000003 8228
022 A000004 SHEARSON LEHMAN
022 C000004 6139
022 D000004 7977
022 A000005 PAINE WEBBER
022 B000005 13-2638166
022 C000005 12179
022 D000005 0
022 A000006 SMITH BARNEY SHEARSON
022 B000006 13-3371680
022 C000006 3406
022 D000006 7996
022 A000007 PRUDENTIAL BACHE
022 B000007 22-2347336
022 C000007 5846
022 D000007 831
<PAGE> PAGE 4
022 A000008 FIRST BOSTON
022 B000008 13-5659485
022 C000008 2664
022 D000008 858
022 A000009 GOLDMAN SACHS
022 B000009 13-5108880
022 C000009 1075
022 D000009 290
022 A000010 LEHMAN BROTHERS
022 B000010 13-2518466
022 C000010 678
022 D000010 600
023 C000000 2112916
023 D000000 39252
024 00AA00 N
025 D00AA01 0
025 D00AA02 0
025 D00AA03 0
025 D00AA04 0
025 D00AA05 0
025 D00AA06 0
025 D00AA07 0
025 D00AA08 0
026 A000000 N
026 B000000 N
026 C000000 Y
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
029 00AA00 N
030 A00AA00 0
030 B00AA00 0.00
030 C00AA00 0.00
031 A00AA00 0
031 B00AA00 0
032 00AA00 0
033 00AA00 0
034 00AA00 N
035 00AA00 0
036 B00AA00 0
037 00AA00 N
038 00AA00 0
039 00AA00 N
040 00AA00 Y
041 00AA00 N
042 A00AA00 0
042 B00AA00 0
<PAGE> PAGE 5
042 C00AA00 0
042 D00AA00 0
042 E00AA00 0
042 F00AA00 0
042 G00AA00 0
042 H00AA00 0
043 00AA00 0
044 00AA00 0
049 00AA00 N
050 00AA00 N
051 00AA00 N
052 00AA00 N
053 A00AA00 N
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 Y
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 Y
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 Y
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 N
055 A00AA00 N
055 B00AA00 N
056 00AA00 Y
057 00AA00 N
058 A00AA00 N
058 B00AA00 N
058 C00AA00 N
058 D00AA00 N
058 E00AA00 N
059 00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061 00AA00 0
077 A000000 N
078 000000 N
080 A00AA00 NATIONAL UNION INSURANCE COMPANY
080 C00AA00 0
081 A00AA00 Y
081 B00AA00 18
082 A00AA00 Y
082 B00AA00 25
083 A00AA00 N
083 B00AA00 0
<PAGE> PAGE 6
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
085 B00AA00 N
028 A010300 3600
028 A020300 0
028 A030300 0
028 A040300 479
028 B010300 734
028 B020300 0
028 B030300 0
028 B040300 488
028 C010300 974
028 C020300 0
028 C030300 0
028 C040300 215
028 D010300 3502
028 D020300 0
028 D030300 0
028 D040300 292
028 E010300 2474
028 E020300 0
028 E030300 0
028 E040300 336
028 F010300 816
028 F020300 0
028 F030300 0
028 F040300 158
028 G010300 12100
028 G020300 0
028 G030300 0
028 G040300 1968
028 H000300 0
045 000300 Y
046 000300 N
047 000300 Y
048 000300 0.650
048 A010300 0
048 A020300 0.000
048 B010300 0
048 B020300 0.000
048 C010300 0
048 C020300 0.000
048 D010300 0
048 D020300 0.000
048 E010300 0
048 E020300 0.000
048 F010300 0
048 F020300 0.000
048 G010300 0
048 G020300 0.000
<PAGE> PAGE 7
048 H010300 0
048 H020300 0.000
048 I010300 0
048 I020300 0.000
048 J010300 0
048 J020300 0.000
048 K010300 0
048 K020300 0.000
062 A000300 N
062 B000300 0.0
062 C000300 0.0
062 D000300 0.0
062 E000300 0.0
062 F000300 0.0
062 G000300 0.0
062 H000300 0.0
062 I000300 0.0
062 J000300 0.0
062 K000300 0.0
062 L000300 0.0
062 M000300 0.0
062 N000300 0.0
062 O000300 0.0
062 P000300 0.0
062 Q000300 0.0
062 R000300 0.0
066 A000300 Y
066 B000300 N
066 C000300 N
066 D000300 N
066 E000300 Y
066 F000300 N
066 G000300 N
067 000300 Y
068 A000300 N
068 B000300 N
069 000300 N
070 A010300 Y
070 A020300 Y
070 B010300 Y
070 B020300 N
070 C010300 Y
070 C020300 N
070 D010300 Y
070 D020300 N
070 E010300 Y
070 E020300 Y
070 F010300 Y
070 F020300 Y
070 G010300 Y
070 G020300 N
<PAGE> PAGE 8
070 H010300 Y
070 H020300 N
070 I010300 Y
070 I020300 N
070 J010300 Y
070 J020300 Y
070 K010300 Y
070 K020300 N
070 L010300 Y
070 L020300 Y
070 M010300 Y
070 M020300 N
070 N010300 Y
070 N020300 N
070 O010300 Y
070 O020300 N
070 P010300 N
070 P020300 N
070 Q010300 Y
070 Q020300 N
070 R010300 Y
070 R020300 N
071 A000300 21939
071 B000300 15745
071 C000300 17469
071 D000300 90
072 A000300 6
072 B000300 815
072 C000300 104
072 D000300 0
072 E000300 0
072 F000300 107
072 G000300 17
072 H000300 0
072 I000300 0
072 J000300 0
072 K000300 0
072 L000300 0
072 M000300 1
072 N000300 0
072 O000300 1
072 P000300 0
072 Q000300 0
072 R000300 5
072 S000300 2
072 T000300 0
072 U000300 -5
072 V000300 0
072 W000300 1
072 X000300 129
072 Y000300 29
<PAGE> PAGE 9
072 Z000300 819
072AA000300 778
072BB000300 0
072CC010300 1166
072CC020300 0
072DD010300 0
072DD020300 0
072EE000300 0
073 A010300 0.0000
073 A020300 0.0000
073 B000300 0.0000
073 C000300 0.0000
074 A000300 43
074 B000300 5976
074 C000300 10127
074 D000300 14987
074 E000300 7920
074 F000300 0
074 G000300 0
074 H000300 0
074 I000300 0
074 J000300 2139
074 K000300 0
074 L000300 208
074 M000300 0
074 N000300 41400
074 O000300 2871
074 P000300 18
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 12
074 S000300 0
074 T000300 38499
074 U010300 0
074 U020300 0
074 V010300 0.00
074 V020300 0.00
074 W000300 0.0000
074 X000300 2
074 Y000300 0
075 A000300 0
075 B000300 33025
076 000300 0.00
028 A010400 1468
028 A020400 0
028 A030400 0
028 A040400 348
028 B010400 294
028 B020400 0
<PAGE> PAGE 10
028 B030400 0
028 B040400 295
028 C010400 376
028 C020400 0
028 C030400 0
028 C040400 142
028 D010400 884
028 D020400 0
028 D030400 0
028 D040400 123
028 E010400 1030
028 E020400 0
028 E030400 0
028 E040400 220
028 F010400 320
028 F020400 0
028 F030400 0
028 F040400 101
028 G010400 4372
028 G020400 0
028 G030400 0
028 G040400 1229
028 H000400 0
045 000400 Y
046 000400 N
047 000400 Y
048 000400 0.650
048 A010400 0
048 A020400 0.000
048 B010400 0
048 B020400 0.000
048 C010400 0
048 C020400 0.000
048 D010400 0
048 D020400 0.000
048 E010400 0
048 E020400 0.000
048 F010400 0
048 F020400 0.000
048 G010400 0
048 G020400 0.000
048 H010400 0
048 H020400 0.000
048 I010400 0
048 I020400 0.000
048 J010400 0
048 J020400 0.000
048 K010400 0
048 K020400 0.000
062 A000400 N
062 B000400 0.0
<PAGE> PAGE 11
062 C000400 0.0
062 D000400 0.0
062 E000400 0.0
062 F000400 0.0
062 G000400 0.0
062 H000400 0.0
062 I000400 0.0
062 J000400 0.0
062 K000400 0.0
062 L000400 0.0
062 M000400 0.0
062 N000400 0.0
062 O000400 0.0
062 P000400 0.0
062 Q000400 0.0
062 R000400 0.0
066 A000400 Y
066 B000400 N
066 C000400 N
066 D000400 N
066 E000400 N
066 F000400 Y
066 G000400 N
067 000400 Y
068 A000400 N
068 B000400 N
069 000400 N
070 A010400 Y
070 A020400 Y
070 B010400 Y
070 B020400 N
070 C010400 Y
070 C020400 N
070 D010400 Y
070 D020400 N
070 E010400 Y
070 E020400 Y
070 F010400 Y
070 F020400 Y
070 G010400 Y
070 G020400 N
070 H010400 Y
070 H020400 N
070 I010400 Y
070 I020400 N
070 J010400 Y
070 J020400 Y
070 K010400 Y
070 K020400 N
070 L010400 Y
070 L020400 Y
<PAGE> PAGE 12
070 M010400 Y
070 M020400 N
070 N010400 Y
070 N020400 N
070 O010400 Y
070 O020400 N
070 P010400 N
070 P020400 N
070 Q010400 Y
070 Q020400 N
070 R010400 Y
070 R020400 N
071 A000400 18352
071 B000400 17366
071 C000400 18287
071 D000400 95
072 A000400 6
072 B000400 666
072 C000400 53
072 D000400 0
072 E000400 0
072 F000400 78
072 G000400 12
072 H000400 0
072 I000400 0
072 J000400 0
072 K000400 0
072 L000400 0
072 M000400 1
072 N000400 0
072 O000400 1
072 P000400 0
072 Q000400 0
072 R000400 5
072 S000400 1
072 T000400 0
072 U000400 -5
072 V000400 0
072 W000400 1
072 X000400 94
072 Y000400 22
072 Z000400 647
072AA000400 0
072BB000400 5
072CC010400 950
072CC020400 0
072DD010400 0
072DD020400 0
072EE000400 0
073 A010400 0.0000
073 A020400 0.0000
<PAGE> PAGE 13
073 B000400 0.0000
073 C000400 0.0000
074 A000400 54
074 B000400 2774
074 C000400 3093
074 D000400 15630
074 E000400 0
074 F000400 4236
074 G000400 0
074 H000400 0
074 I000400 0
074 J000400 2140
074 K000400 0
074 L000400 176
074 M000400 0
074 N000400 28103
074 O000400 2143
074 P000400 0
074 Q000400 0
074 R010400 0
074 R020400 0
074 R030400 0
074 R040400 24
074 S000400 0
074 T000400 25936
074 U010400 0
074 U020400 0
074 V010400 0.00
074 V020400 0.00
074 W000400 0.0000
074 X000400 2
074 Y000400 0
075 A000400 0
075 B000400 23963
076 000400 0.00
072 Y003400 5
072 Z003400 0
072AA003400 0
072BB003400 0
072CC013400 0
072CC023400 0
072DD013400 0
072DD023400 0
072EE003400 0
073 A013400 0.0000
073 A023400 0.0000
073 B003400 0.0000
073 C003400 0.0000
SIGNATURE JAMES S. LELKO, JR.
TITLE ASSISTANT TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains Summary Financial Information extracted from the BT
Investment Portfolios Asset Management Portfolio II Semiannual Report dated
September 30, 1995, and is qualified in its entirety by reference to such
Semiannual Report.
</LEGEND>
<CIK> 0000906619
<NAME> BT INVESTMENT PORTFOLIOS
<SERIES>
<NUMBER> 3
<NAME> ASSET MANAGEMENT PORTFOLIO II
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAR-31-1996
<PERIOD-START> APR-01-1995
<PERIOD-END> SEP-30-1995
<INVESTMENTS-AT-COST> 37907095
<INVESTMENTS-AT-VALUE> 39009835
<RECEIVABLES> 2347026
<ASSETS-OTHER> 43103
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 41399964
<PAYABLE-FOR-SECURITIES> 2870686
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 30512
<TOTAL-LIABILITIES> 2901198
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 37251647
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1247119
<NET-ASSETS> 38498766
<DIVIDEND-INCOME> 102988
<INTEREST-INCOME> 815011
<OTHER-INCOME> 0
<EXPENSES-NET> 99073
<NET-INVESTMENT-INCOME> 818926
<REALIZED-GAINS-CURRENT> 777948
<APPREC-INCREASE-CURRENT> 1165607
<NET-CHANGE-FROM-OPS> 2762481
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 12894376
<ACCUMULATED-NII-PRIOR> 1060282
<ACCUMULATED-GAINS-PRIOR> (692504)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 107330
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 127823
<AVERAGE-NET-ASSETS> 33024833
<PER-SHARE-NAV-BEGIN> 0
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 0
<EXPENSE-RATIO> 60
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains Summary Financial Information extracted from the BT
Investment Portfolios Asset Management Portfolio III Semiannual Report dated
September 30, 1995, and is qualified in its entirety by reference to such
Semiannual Report.
</LEGEND>
<CIK> 0000906619
<NAME> BT INVESTMENT PORTFOLIOS
<SERIES>
<NUMBER> 4
<NAME> ASSET MANAGEMENT PORTFOLIO III
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAR-31-1996
<PERIOD-START> APR-01-1995
<PERIOD-END> SEP-30-1995
<INVESTMENTS-AT-COST> 24938137
<INVESTMENTS-AT-VALUE> 25732968
<RECEIVABLES> 2319588
<ASSETS-OTHER> 53831
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 28106387
<PAYABLE-FOR-SECURITIES> 2142920
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 27236
<TOTAL-LIABILITIES> 2170156
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 25147038
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 789193
<NET-ASSETS> 25936231
<DIVIDEND-INCOME> 52310
<INTEREST-INCOME> 666287
<OTHER-INCOME> 0
<EXPENSES-NET> 71888
<NET-INVESTMENT-INCOME> 646709
<REALIZED-GAINS-CURRENT> (5498)
<APPREC-INCREASE-CURRENT> 950792
<NET-CHANGE-FROM-OPS> 1592003
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 4734631
<ACCUMULATED-NII-PRIOR> 1019467
<ACCUMULATED-GAINS-PRIOR> (783153)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 77879
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 93714
<AVERAGE-NET-ASSETS> 23963184
<PER-SHARE-NAV-BEGIN> 0
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 0
<EXPENSE-RATIO> 60
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>