<PAGE>
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 SC Fundamental, Inc.
--------------------------------------------------------------------
Address 10 East 50th Street
-------------------------------------------------------------------
New York, NY 10019
-------------------------------------------------------------------
Form 13F File Number: 28-
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: Peter M. Collery
---------------------------------------------------------------------
Title: Vice President
---------------------------------------------------------------------
Phone: 212-888-9100
--------------------------------------------------------------------
Signature, Place, and Date of Signing:
/S/ PETER M. COLLERY New York, New York May 14, 1999
- ------------------------- ------------------ --------------------
[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).)
<PAGE>
<TABLE>
<CAPTION>
Item 1 Item 2 Item 3 Item 4 Item 5 Item 6
------- ------ -------- -------- ----------- ---------------------------
<S> <C> <C> <C> <C> <C> <C>
Name of Issuer Title of Cusip Number Fair Market Shares or Principal A) Sole B)Shared C)Shared
Class Value Amount Other
Agribrands Intl Inc CS 00849R10500 420,800 12,800 X
Greater Delaware Valley Savings Bank CS 39168810800 535,050 52,200 X
AMRESCO Capital Trust CS 03191910300 294,450 30,200 X
Avartar Holdings Inc. 7% CB 053494AD200 5,200,000 65,000 X
Concurrent Computer Corp CS 20671020400 64,000 16,000 X
Curative Health Services Inc CS 23126410200 5,170,400 449,600 X
Chartwell Re Corporation CS 16139W10900 6,900,000 400,000 X
EMCOR Group Inc CS 29084Q10000 309,375 18,000 X
EP MedSystems Inc CS 26881P10300 2,019,600 734,400 X
Immulogic Pharmaceutical Corp CS 45252R10000 1,875,000 1,000,000 X
Jacksonville Savings Bank CS 46969610800 130,500 13,500 X
Cadus Pharmaceutical Corp CS 12763910200 169,000 169,000 X
La Jolla Pharmaceutical Co CS 50345910900 503,738 191,900 X
Loews Corp CS 54042410800 298,500 4,000 X
Creative Computers Inc CS 22527E10700 1,152,281 38,250 X
MAPICS Inc CS 56491010700 227,550 29,600 X
Maxwell Shoe Company Inc Cl A CS 57776610800 412,620 47,840 X
Medical Resources Inc CS 58461Q40900 423,153 199,131 X
Baycorp Holdings CS 07272810800 2,490,309 830,103 X
National RV Holdings Inc CS 63727710400 2,212,478 99,999 X
Progenitor Inc CS 74318810400 0 474,400 X
Professionals Group Inc CS 74295410000 3,961,913 150,930 X
Scottish Annuity and Life Holdings CS G7885T10400 4,929,600 505,600 X
Scottish Annuity and Life Holdings CS G7885T10400 1,462,500 150,000 X
SCPIE Holdings Inc CS 78402P10400 3,192,628 117,430 X
SCPIE Holdings Inc CS 78402P10400 2,244,872 82,570 X
Splash Technology Holdings Inc CS 84862310400 2,041,850 336,800 X
Suiza Foods Corp CS 86507710100 269,500 8,000 X
Total Renal Care Holdings Inc CS 89151A10700 281,600 25,600 X
Thousand Trails Inc CS 88550210400 5,416,679 1,238,098 X
54,609,945
258218
<PAGE>
<CAPTION>
<S>
Item 7 Item 8
------- ----------------------------
<C> <C> <C> <C>
Name of Issuer Managers A)Sole B)Shared C)None
Agribrands Intl Inc 1 X
Greater Delaware Valley Savings Bank 1 X
AMRESCO Capital Trust 1 X
Avartar Holdings Inc. 7% 1 X
Concurrent Computer Corp 1 X
Curative Health Services Inc 1 X
Chartwell Re Corporation 1 X
EMCOR Group Inc 1 X
EP MedSystems Inc 1 X
Immulogic Pharmaceutical Corp 1 X
Jacksonville Savings Bank 1 X
Cadus Pharmaceutical Corp 1 X
La Jolla Pharmaceutical Co 1 X
Loews Corp 1 X
Creative Computers Inc 1 X
MAPICS Inc 1 X
Maxwell Shoe Company Inc Cl A 1 X
Medical Resources Inc 1 X
Baycorp Holdings 1 X
National RV Holdings Inc 1 X
Progenitor Inc 1 X
Professionals Group Inc 1 X
Scottish Annuity and Life Holdings 1 X
Scottish Annuity and Life Holdings 1 X
SCPIE Holdings Inc 1 X
SCPIE Holdings Inc 1 X
Splash Technology Holdings Inc 1 X
Suiza Foods Corp 1 X
Total Renal Care Holdings Inc 1 X
Thousand Trails Inc 1 X
</TABLE>
