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, 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: Perry Corp.
Address: 599 Lexington Avenue
New York, New York 10022
13F File Number:
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: Randall Borkenstein
Title: Controller
Phone: (212) 583-4000
Signature, Place, and Date of Signing:
/s/ Randall Borkenstein New York May 07, 1999
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Report Type (Check only one.):
|X| 13F HOLDINGS REPORT.
|_| 13F NOTICE.
|_| 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
None
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I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 162
Form 13F Information Table Value Total: 2,494,478,499.36
List of Other Included Managers:
No. 13F File Number Name
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None
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<PAGE>
FORM 13F
Perry Corp.
March 31, 1999
<TABLE>
<CAPTION>
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Item 1: Item 2: Item 3: Item 4: Item 5:
Title of
Name of Issuer Class CUSIP Market Value Quantity
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<S> <C> <C> <C> <C>
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[***] [***] [***] [***] [***]
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[***] [***] [***] [***] [***]
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[***] [***] [***] [***] [***]
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[***] [***] [***] [***] [***]
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[***] [***] [***] [***] [***]
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[***] [***] [***] [***] [***]
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AC NIELSEN CORP COM 004833109 44,225,440.88 1,630,431
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ADAPTEC COM 00651F108 2,098,750.00 92,000
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ADVENT SOFTWARE COM 079747108 2,000,000.00 40,000
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AFC CABLE SYSTEMS COM 000950106 11,316,900.00 380,400
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ALLMERICA FINANCIAL CORP COM 019754100 16,568,306.25 300,900
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ALLSTATE CORP COM 020002101 35,290,393.63 952,186
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ALLTRISTA CORP COM 020040101 532,350.00 27,300
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AMERICA ONLINE COM 02364J104 6,911,640.00 47,340
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AMERICAN EXPRESS COM 025816109 11,714,750.00 99,700
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AMERICAN STORES CO COM 030096101 31,086,000.00 942,000
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ANALOG DEVICES COM 032654105 1,190,000.00 40,000
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ANTEC CORP COM 03664P105 1,946,250.00 90,000
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APACHE CORP COM 037411105 3,197,868.75 122,700
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APPLIED SCIENCE COM 038236105 1,899,750.00 149,000
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ARROW ELECTRONICS, INC COM 042735100 2,122,500.00 141,500
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ASTRA AB ADR SPONSORED ADR 046298105 33,153,862.50 1,445,400
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ASTRA ADR (LEHM) SPONSORED ADR 46298105 2,651,742.08 116,000
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AT PLASTICS COM 001947100 18,093,090.19 3,590,050
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AVNET COM 053807103 5,167,787.50 141,100
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AVONDALE INDS COM 054350103 36,535,750.00 1,238,500
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AWARE SOFTWARE COM 05453N100 2,356,250.00 50,000
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BORG-WARNER AUTOMOTIVE COM 099724106 9,442,968.75 197,500
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BRIO TECHNOLOGY COM 109704106 3,168,750.00 150,000
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BURLINGTON NORTHERN SANTA FE CORP COM 12189T104 16,442,957.25 500,166
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BURR-BROWN COM 122574106 1,116,250.00 47,500
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BUSINESS OBJECTS ADR SPONSORED ADR 12328X107 1,185,000.00 40,000
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CADENCE DESIGN SYS COM 127387108 1,287,500.00 50,000
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CADILLAC FAIRVIEW CORP COM 126929207 609,939.00 36,966
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CARDINAL HEALTH COM 14149Y108 3,323,100.00 50,350
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CBS CORP COM 12490K107 13,063,156.25 319,100
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CBT GROUP PLC (ADR) SPONSORED ADR 12485330 4,403,437.50 385,000
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CENTRIS GROUP COM 155904105 435,175.00 41,200
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CHICAGO TITLE COM 168228104 22,465,200.00 617,600
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CIL CORP COM 171794100 8,246,581.25 137,300
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CLOROX COM 189054109 4,971,445.31 42,423
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COLEMAN CO COM 193559101 1,692,075.00 205,100
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COMCAST CORP COM 200300101 4,720,312.50 75,000
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COMPAQ COMPUTER CORP COM 204493100 443,625.00 14,000
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COMSAT COM 20564D107 11,930,931.25 412,300
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CONCURRENT COMP COM 206710204 1,666,000.00 416,500
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CONSORCIO GRUPO DINA - SP ADR SPONSORED ADR 210306106 437,325.00 583,100
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COOPER CAMERON COM 216640102 645,927.50 27,932
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CRESTLINE CAPITAL COM 226153104 17,000,137.50 1,105,700
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DAL TILE INT'L COM 23426R108 31,349,906.25 3,459,300
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DELL COMPUTER COM 247025109 2,248,125.00 55,000
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DUPONT PHOTOMASK COM 26613X101 1,315,125.00 33,400
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E TRADE GROUP COM 269246104 7,000.00 408,188
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EAGLE HARDWARE COM 26959B101 14,549,437.50 381,000
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<CAPTION>
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Item 1: Item 6: Item 7: Item 8:
Investment Discretion Voting Authority
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Name of Issuer Sale Shared Other Managers Sale Share None
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<S> <C> <C> <C> <C> <C> <C> <C>
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[***] [***] [***]
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[***] [***] [***]
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[***] [***] [***]
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[***] [***] [***]
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[***] [***] [***]
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[***] [***] [***]
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AC NIELSEN CORP X X
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ADAPTEC X X
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ADVENT SOFTWARE X X
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AFC CABLE SYSTEMS X X
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ALLMERICA FINANCIAL CORP X X
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ALLSTATE CORP X X
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ALLTRISTA CORP X X
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AMERICA ONLINE X X
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AMERICAN EXPRESS X X
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AMERICAN STORES CO X X
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ANALOG DEVICES X X
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ANTEC CORP X X
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APACHE CORP X X
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APPLIED SCIENCE X X
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ARROW ELECTRONICS, INC X X
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ASTRA AB ADR X X
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ASTRA ADR (LEHM) X X
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AT PLASTICS X X
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AVNET X X
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AVONDALE INDS X X
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AWARE SOFTWARE X X
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BORG-WARNER AUTOMOTIVE X X
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BRIO TECHNOLOGY X X
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BURLINGTON NORTHERN SANTA FE CORP X X
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BURR-BROWN X X
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BUSINESS OBJECTS ADR X X
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CADENCE DESIGN SYS X X
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CADILLAC FAIRVIEW CORP X X
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CARDINAL HEALTH X X
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CBS CORP X X
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CBT GROUP PLC (ADR) X X
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CENTRIS GROUP X X
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CHICAGO TITLE X X
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CIL CORP X X
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CLOROX X X
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COLEMAN CO X X
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COMCAST CORP X X
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COMPAQ COMPUTER CORP X X
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COMSAT X X
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CONCURRENT COMP X X
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CONSORCIO GRUPO DINA - SP ADR X X
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COOPER CAMERON X X
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CRESTLINE CAPITAL X X
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DAL TILE INT'L X X
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DELL COMPUTER X X
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DUPONT PHOTOMASK X X
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E*TRADE GROUP X X
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EAGLE HARDWARE X X
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</TABLE>
<PAGE>
<TABLE>
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<S> <C> <C> <C> <C> <C> <C>
EARTHGRAINS COMPANY COM 270319106 27,288,406.25 1,229,900 X X
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ELDER-BEERMAN COM 284470101 3,196,946.38 373,366 X X
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ELDER-BEERMAN - WI COM 284470101 12,633.00 108,170 X X
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ENVOY CORP COM 293982104 17,667,037.50 395,900 X X
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ESENJAY EXPLORATION COM 296426109 249,102.50 199,282 X X
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EXCITE COM 300904109 17,064,750.00 125,000 X X
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FLEET FINANCIAL GROUP COM 338915101 9,169,212.50 243,700 X X
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FOUNDATION HEALTH SYS CL A COM 350404109 2,013,375.00 165,200 X X
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FRONTIER CORP COM 35906P105 3,760,937.50 72,500 X X
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GATEWAY 2000 COM 367833100 2,742,500.00 40,000 X X
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GENERAL DYNAMICS COM 369550108 40,181,950.00 625,400 X X
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GENERAL MOTORS CLASS H COM 370442832 41,711,812.50 827,000 X X
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GOLDEN STATE BANCORP COM 381197102 1,379,900.50 62,018 X X
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GOLDEN STATE BANCORP WTS WARRANT 381197128 298,461.63 62,018 X X
- ------------------------------------------------------------------------------------------------------------------------------------
GOLDEN STATE WTS EXP 9/17/2000 WARRANT 381197136 724,800.00 45,300 X X
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GP FINANCIAL CORP COM 395384100 10,994,900.00 316,400 X X
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HARMONIC LIGHT COM 413160102 2,762,500.00 100,000 X X
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HARTFORD FINANCIAL SERVICES GROUP COM 416515104 28,349,437.50 499,000 X X
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HEALTHSOUTH CORP COM 421924101 7,101,314.00 684,464 X X
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HINES HORTICULTURE COM 433245107 5,488,000.00 686,000 X X
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HORIZON GROUP PROPERTIES COM 44041U102 32,599.00 130,396 X X
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HUTCH TECHNOLOGY COM 448407106 1,980,000.00 80,000 X X
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INTERGRAPH COM 458683109 7,790,937.50 1,165,000 X X
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INTUIT COM 461202103 3,500.00 355,906 X X
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INVESTORS FINANCIAL SERVICES COM 461915100 5,635,000.00 196,000 X X
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JACOR COMM COM 469858401 4,951,125.00 65,200 X X
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JOHNS MANVILLE CORP COM 478129109 75,870,675.00 4,398,300 X X
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KANSAS CITY SOUTHERN COM 485170104 19,243,200.00 337,600 X X
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KIMBERLY CLARK CORP COM 494368103 15,879,968.00 331,264 X X
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KNOLL INC COM 498904101 16,922,300.00 687,200 X X
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L-3 COMM HLDGS COM 502424104 41,981,125.00 907,700 X X
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LOCKHEED MARTIN CORP COM 539830109 9,429,412.50 250,200 X X
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LUCASVARITY ADR SPONSORED ADR 549395101 17,575,000.00 380,000 X X
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LUCENT TECHNOLOGIES COM 549463107 8,388,337.50 77,850 X X
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LYNX THERAPEUTICS COM 551812308 14,094.00 130,370 X X
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MARTIN MARIETTA MATERIALS COM 573284106 122,808,086.50 2,152,168 X X
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MCDERMOTT INT'L COM 580037109 6,429,375.00 254,000 X X
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MEDPARTNERS COM 58503X107 4,275,000.00 900,000 X X
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MEDTRONIC COM 585055106 15,175,125.00 211,500 X X
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MERCURY INTERACTIVE COM 589405109 2,855,000.00 80,000 X X
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MERITOR AUTOMOTIVE COM 59000G100 35,132,486.00 2,266,612 X X
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MERRILL LYNCH & CO COM 590188108 13,265,625.00 150,000 X X
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MICROSTRATEGY COM 594972101 2,103,750.00 110,000 X X
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MILLIPORE CORP COM 601073109 4,800,875.00 199,000 X X
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MMC NETWORKS COM 55308N102 3,200,000.00 200,000 X X
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MOBIL CORP COM 607059102 22,052,800.00 250,600 X X
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MONY GROUP COM 615337102 37,349,812.50 1,501,500 X X
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MORTON INT'L COM 619335102 100,614,150.00 2,737,800 X X
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NATIONAL SEMICONDUCTOR COM 637640103 1,449,025.00 155,600 X X
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NETWORK SOLUTIONS COM 64121Q102 3,172,500.00 30,000 X X
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NEWPORT NEWS COM 652228107 53,662,781.25 1,693,500 X X
- ------------------------------------------------------------------------------------------------------------------------------------
NEXTEL COMMUNICATIONS COM 65332V103 1,226,843.00 335,648 X X
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NINE WEST GROUP COM 65440D102 2,925,468.75 118,500 X X
- ------------------------------------------------------------------------------------------------------------------------------------
NORTH FACE COM 659317101 3,223,800.00 259,200 X X
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PACIFICORP COM 695114108 21,617,700.00 1,253,200 X X
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PANAMSAT COM 697933109 35,033,100.00 1,130,100 X X
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P-COM INC COM 693262107 2,020,625.00 265,000 X X
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PEREGRINE SYSTEMS COM 71366Q101 1,501,875.00 45,000 X X
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PERVASIVE SOFTWARE COM 715710109 893,750.00 50,000 X X
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PLATINUM TECHNOLOGY INC COM 72764R105 26,560,266.26 1,046,710 X X
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PNC FINANCIAL CORP COM 693475105 47,956,160.44 863,103 X X
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POLYCOM INC. COM 73172K104 1,955,625.00 105,000 X X
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PRIME RETAIL 10 1/2% PFD PFD 741570303 3,163,437.50 132,500 X X
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</TABLE>
<PAGE>
<TABLE>
<CAPTION>
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<S> <C> <C> <C> <C> <C> <C>
PRIMEX TECH COM 741597108 5,666,410.00 273,080 X X
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RAYTHEON CO A COM 755111309 679,775.25 11,771 X X
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RAYTHEON CO B COM 755111408 8,200.00 480,725 X X
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REGIS CORP COM 758932107 6,310,125.00 237,000 X X
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REPUBLIC INDS COM 760516104 998,662.50 80,700 X X
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RSI HOLDINGS INC COM 749927109 83,500.00 4,175 X X
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RYDER SYSTEMS COM 783549108 12,980,987.50 469,900 X X
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SBARRO INC COM 805844107 6,980,100.00 263,400 X X
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SCIENTIFIC ATLANTA COM 808655104 2,180,000.00 80,000 X X
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SCOTTS CO COM 810186106 67,777,021.00 1,813,432 X X
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SEARS ROEBUCK & CO COM 812387108 20,662,210.31 457,255 X X
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SEEQ TECHNOLOGY COM 815779103 1,165,725.00 423,900 X X
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SERVICEMASTER COM 81760N109 1,304,062.50 64,200 X X
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SONAT INC COM 835415100 3,000,000.00 100,000 X X
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STRATTEC SECURITY CORP COM 863111100 1,743,750.00 62,000 X X
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TRANZ RAIL HOLDINGS ADR SPONSORED ADR 894116102 1,347,500.00 220,000 X X
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TRAVELERS PROPERTY COM 893939108 96,800,275.00 2,707,700 X X
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TYCO INTERNATIONAL COM 902124106 26,822,446.00 373,832 X X
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U S TRUST CORP COM 91288L105 2,634,400.00 35,600 X X
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U. S. SATELLITE BROADCASTING COM 912534104 3,659,612.50 213,700 X X
- ------------------------------------------------------------------------------------------------------------------------------------
UNION BANCAL COM 908906100 1,239,875.00 36,400 X X
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UNION PACIFIC COM 907818108 22,312,080.00 417,536 X X
- ------------------------------------------------------------------------------------------------------------------------------------
UNION PACIFIC RSC COM 907834105 2,339,968.75 197,050 X X
- ------------------------------------------------------------------------------------------------------------------------------------
UNOVA INC COM 91529B106 61,510,456.25 4,664,300 X X
- ------------------------------------------------------------------------------------------------------------------------------------
US ENERGY SYSTEMS COM 902951102 243,750.00 100,000 X X
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US ENERGY SYSTEMS WTS WARRANT 902951110 50,000.00 20,313 X X
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VISUAL NETWORKS, INC. COM 928444108 2,603,125.00 70,000 X X
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WALT DISNEY CO COM 254687106 29,648,803.50 952,572 X X
- ------------------------------------------------------------------------------------------------------------------------------------
WALTER INDUSTRIES COM 93317Q105 13,100.00 146,556 X X
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WELLS FARGO COM 949746101 32,771,516.25 934,660 X X
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YPF SA (ADR) SPONSORED ADR 984245100 11,046,875.00 350,000 X X
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AMERICA ONLINE COM 02364J104 43,800,000(c) 300,000 X X
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ASCEND COMM COM 043491109 104,609,375(c) 1,250,000.00 X X
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DELL COMPUTER COM 247025109 142,694,625(p) 3,491,000 X X
- ------------------------------------------------------------------------------------------------------------------------------------
EXCITE COM 300904109 12,588,750(c) 90,000.00 X X
- ------------------------------------------------------------------------------------------------------------------------------------
FRONTIER CORP COM 35906P105 20,698,125(c) 399,000.00 X X
- ------------------------------------------------------------------------------------------------------------------------------------
GATEWAY 2000 COM 367833100 2,742,500(p) 40,000 X X
- ------------------------------------------------------------------------------------------------------------------------------------
LUCENT TECHNOLOGIES COM 549463107 43,100,000(p) 400,000 X X
- ------------------------------------------------------------------------------------------------------------------------------------
MERCURY INTRACT COM 589405109 2,855,000(p) 80,000 X X
- ------------------------------------------------------------------------------------------------------------------------------------
MICROSOFT CORP COM 594918104 89,625,000(p) 1,000,000 X X
- ------------------------------------------------------------------------------------------------------------------------------------
NETSCAPE COMMUNICATIONS COM 641149109 3,960,000(c) 60,000 X X
- ------------------------------------------------------------------------------------------------------------------------------------
NETWORK SOLUTIONS COM 64121Q102 3,172,500(p) 30,000 X X
- ------------------------------------------------------------------------------------------------------------------------------------
PEREGRINE SYSTEMS COM 71366Q101 3,337,500(p) 100,000 X X
- ------------------------------------------------------------------------------------------------------------------------------------
TYCO INTERNATIONAL COM 902124106 25,686,500(c) 358,000 X X
- ------------------------------------------------------------------------------------------------------------------------------------
VISUAL NETWORKS, INC. COM 928444108 2,603,125(p) 70,000 X X
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Grand Total 2,494,478,499.36
================
</TABLE>
