WEITZ PARTNERS INC
NSAR-B, 1998-02-20
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<PAGE>      PAGE  1
000 B000000 12/31/97
000 C000000 0000910031
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 WEITZ PARTNERS, INC.
001 B000000 811-7918
001 C000000 4023911980
002 A000000 1125 SOUTH 103 STREET, SUITE 600
002 B000000 OMAHA
002 C000000 NE
002 D010000 68124
002 D020000 6008
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  1
007 C010100  1
007 C020100 PARTNERS VALUE FUND
007 C030100 N
007 C010200  2
007 C010300  3
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
008 A00AA01 WALLACE R. WEITZ & COMPANY
008 B00AA01 A
008 C00AA01 801-18819
008 D01AA01 OMAHA
008 D02AA01 NE
008 D03AA01 68124
008 D04AA01 6008
011 A00AA01 WEITZ SECURITIES, INC.
011 B00AA01 8-35603
011 C01AA01 OMAHA
011 C02AA01 NE
011 C03AA01 68124
011 C04AA01 6008
012 A00AA01 WALLACE R. WEITZ & COMPANY
012 B00AA01 84-1858
012 C01AA01 OMAHA
<PAGE>      PAGE  2
012 C02AA01 NE
012 C03AA01 68124
012 C04AA01 6008
013 A00AA01 MCGLADREY & PULLEN, LLP
013 B01AA01 NEW YORK
013 B02AA01 NY
013 B03AA01 10017
013 B04AA01 2416
014 A00AA01 WEITZ SECURITIES, INC.
014 B00AA01 8-35603
015 A00AA01 NORWEST BANK NEBRASKA, N.A.
015 B00AA01 C
015 C01AA01 OMAHA
015 C02AA01 NE
015 C03AA01 68102
015 E01AA01 X
018  00AA00 Y
019 A00AA00 Y
019 B00AA00    5
019 C00AA00 WEITZFUNDS
020 A000001 CAPITAL INSTITUTIONAL SERVICES, INC.
020 B000001 75-1565705
020 C000001     19
020 A000002 INSTINET CORP.
020 B000002 13-2596491
020 C000002      9
020 A000003 STANDARD & POOR'S SECURITIES, INC.
020 B000003 13-2671951
020 C000003      5
020 A000004 DUGGAN & CO. INVESTMENT SEC.
020 B000004 48-0996850
020 C000004      5
020 A000005 SANFORD C. BERNSTEIN & CO., INC.
020 B000005 13-2625874
020 C000005      5
020 A000006 CANTOR, FITZGERALD, & CO., INC.
020 B000006 95-1786286
020 C000006      4
020 A000007 JEFFRIES & COMPANY, INC.
020 B000007 95-2622900
020 C000007      4
020 A000008 DEUTSCHE MORGAN GRENFELL/C.J. LAWRENCE INC.
020 B000008 13-2730828
020 C000008      3
020 A000009 DONALDSON, LUFKIN & JENRETTE SECURITIES CORP.
020 B000009 13-2741792
020 C000009      3
020 A000010 INTERNATIONAL STRATEGY & INVESTMENT GROUP,INC
020 B000010 13-3599877
020 C000010      3
021  000000       80
<PAGE>      PAGE  3
022 A000001 ABN-AMRO CHICAGO CORPORATION
022 B000001 13-3227945
022 C000001      6934
022 D000001         0
022 A000002 CRAIGIE INC.
022 B000002 54-0294670
022 C000002      4927
022 D000002         0
022 A000003 OLD KENT BANK
022 B000003 36-1750540
022 C000003      4767
022 D000003         0
022 A000004 MONTGOMERY SECURITIES
022 B000004 41-0451159
022 C000004      4053
022 D000004       515
022 A000005 FRIEDMAN, BILLINGS, RAMSEY & CO.
022 B000005 52-1630477
022 C000005       824
022 D000005      1803
022 A000006 FURMAN SELZ LLC
022 B000006 13-3856626
022 C000006      2139
022 D000006        50
022 A000007 STIFEL, NICOLAUS & CO., INC.
022 B000007 43-0538770
022 C000007      1830
022 D000007         0
022 A000008 MERRILL LYNCH PIERCE FENNER & SMITH
022 B000008 13-5674085
022 C000008      1010
022 D000008       651
022 A000009 DONALDSON, LUFKIN & JENRETTE SECURITIES CORP.
022 B000009 13-2741792
022 C000009        51
022 D000009      1453
022 A000010 GOLDMAN, SACHS & CO.
022 B000010 13-5108880
022 C000010         0
022 D000010      1314
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<PAGE>      PAGE  4
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<PAGE>      PAGE  5
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080 A00AA00 ICI MUTUAL INSURANCE COMPANY
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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<PAGE>      PAGE  8
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<PAGE>      PAGE  9
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SIGNATURE   MARY BEERLING                                
TITLE       VICE PRESIDENT      
 


<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS INCLUDED IN THE COMPANY'S ANNUAL REPORT AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
   <NUMBER> 1
   <NAME> WEITZ PARTNERS VALUE FUND
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               DEC-31-1997
<INVESTMENTS-AT-COST>                       86,505,776
<INVESTMENTS-AT-VALUE>                     132,637,822
<RECEIVABLES>                                2,046,629
<ASSETS-OTHER>                               4,012,522
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             138,696,973
<PAYABLE-FOR-SECURITIES>                       214,751
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    4,745,168
<TOTAL-LIABILITIES>                          4,959,919
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    71,785,779
<SHARES-COMMON-STOCK>                        8,654,541
<SHARES-COMMON-PRIOR>                        8,230,622
<ACCUMULATED-NII-CURRENT>                    1,250,834
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     15,144,925
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    45,555,516
<NET-ASSETS>                               133,737,054
<DIVIDEND-INCOME>                            1,891,782
<INTEREST-INCOME>                              833,147
<OTHER-INCOME>                                       0
<EXPENSES-NET>                             (1,478,468)
<NET-INVESTMENT-INCOME>                      1,246,461
<REALIZED-GAINS-CURRENT>                    15,266,989
<APPREC-INCREASE-CURRENT>                   22,301,165
<NET-CHANGE-FROM-OPS>                       38,814,615
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                   (4,460,935)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        575,844
<NUMBER-OF-SHARES-REDEEMED>                  (478,830)
<SHARES-REINVESTED>                            326,905
<NET-CHANGE-IN-ASSETS>                      38,890,643
<ACCUMULATED-NII-PRIOR>                              0
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<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        1,124,589
<INTEREST-EXPENSE>                               9,142
<GROSS-EXPENSE>                              1,478,468
<AVERAGE-NET-ASSETS>                       112,132,676
<PER-SHARE-NAV-BEGIN>                           11.524
<PER-SHARE-NII>                                  0.134
<PER-SHARE-GAIN-APPREC>                          4.326
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                      (0.531)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                             15.453
<EXPENSE-RATIO>                                   1.24
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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